With more than two decades of experience working in finance, Rao Chalasani most recently worked for Bank of America-Merrill Lynch as its chief technology officer and risk strategist for global markets trading risk management in New York City, NY. Previously, Livingston, New Jersey-based Rao Chalasani worked for Deutsche Bank as a senior project manager; there, he implemented a vendor equity trading system named Neovest for the credit derivatives proprietary trading and statistical arbitrage desk.
Neovest is a broker-neutral electronic trading platform that gives access to global liquidity. It also gives direct routing to more than 340 brokers and provides traders with analytics before, after, and in-trade. It also offers flexible and customizable approaches to streamlining workflow.
In November 2017, Neovest earned accolades at the 11th annual Waters Buy-Side Technology Awards ceremony. The event, held at the May Fair Hotel in London, recognizes excellence in technology and services to clients by a broker. Neovest earned the Best Broker-Supplied Technology award for 2017. Nine judges, including five buy-side-focused technology personnel and four journalists from Buy-Side Technology, determined the winners.