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Premal Desai — Managing Director, Head of Product India · Arcesium · Bengaluru, Karnataka, India.
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About
Heading Product team in India for Arcesium and working on exciting new products!
Played a crucial leadership role heading the team of Subject Matter Experts and Product Managers responsible for 0 to 1 product development, which has 25+ Buy side customers and a Fund Administrator.
Earlier, Co-headed the Financial Operations group in India for Arcesium. Had P&L responsibility and was responsible for leading various teams that Onboarded new clients on to the Arcesium Platform, provided Middle Office, Valuations, Reconciliations & Fund Accounting services to the clients.
Experience
Managing DirectorCurrent
Arcesium · Bengaluru, Karnataka, India
Jan 2026 – Present
Heading the Product team in India which is responsible for building scalable customer-centric products.
Associate Director
D. E. Shaw India Private Limited · Hyderabad Area, India
Oct 2006 – Jun 2015
• Manage Trade Accounting and Operations (TAO) for assigned Hedge Fund (HF) strategies, which trade in convertible bonds, options and variety of OTC derivative instruments. • Part of Account Ops Working Group which is responsible for strategic initiatives of the group, forming policy, new product review, TAO-Geneva policy and risk control. • Project management: Co-led the team which developed state of the art, exception driven, threshold based multipurpose application for monthly accounting and automated preparation of financial statements. Earlier played key role in migrating trade accounting to Advent’s Geneva. • Instrumental in determining and achieving the right team size across two geographical locations by leading seamless migration of multiple processes. • Work with compliance and internal IT team to build adequate process to ensure accurate data collation for Form PF, Swap trade reporting (CFTC) etc. • Oversea campus and market hiring, onboarding, continuous training effort of the group. • Play an important role in setting various policies for DESIS. • Promote strong working relationship between internal (like MO, Treasury, FO, Tax, IT) and external counterparts (like PBs, DTCC Markit, Auditor, Third Party Administrator etc.). • Oversaw “Financial Regulatory and Reporting” and “US Tax Compliance” group.
Education
Skills
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