Someshwar Rao
About Someshwar Rao
Someshwar Rao is a Lead Business Analyst with over 13 years of experience in capital markets, specializing in implementing IT solutions for various financial activities. He has worked at several prominent firms, including HSBC and Barclays Investment Bank, and holds a B.Tech in Mechanical Engineering from the Indian Institute of Technology, Madras.
Current Role at HSBC
Someshwar Rao serves as the Lead Business Analyst at HSBC, a position he has held since 2021 in Pune, Maharashtra, India. In this role, he is responsible for implementing in-house built IT solutions that facilitate various activities, including Request for Quote, Order Management, Trade Execution, Trade Capture, and Independent Price Verification. His work spans multiple asset classes, such as FX, Equities, Credit Derivatives, and Structured Products.
Previous Experience in Financial Services
Prior to his current role at HSBC, Someshwar Rao worked as a Senior Business Analyst at HSBC from 2018 to 2021. He also held the position of Assistant Manager at Barclays Investment Bank from 2014 to 2016. His career includes a role as Lead Business Analyst at State Street Global Advisors from 2017 to 2018, and as a Business Analyst at Aditya Birla Minacs IT Services Ltd from 2008 to 2011.
Education and Expertise
Someshwar Rao studied at the Indian Institute of Technology, Madras, where he earned a B.Tech in Mechanical Engineering from 2003 to 2007. He has over 13 years of experience in capital markets, focusing on implementing IT solutions for Front Office activities and Product Control solutions. His expertise includes coordinating with downstream systems, gathering requirements, defining product backlogs, and planning sprints.
Involvement in IBOR Transition Project
Someshwar Rao is actively involved in the IBOR Transition project, specifically concentrating on Fixed Income Derivatives and the Misys Summit platform. As a Product Owner, he coordinates with various systems, gathers requirements, and manages the product backlog to ensure the successful execution of project sprints.
Early Career Background
Someshwar Rao began his career as a Derivatives Trader at Futures First from 2007 to 2008. He then transitioned to a Senior Research Analyst position at Irevna from 2011 to 2014. His early experience laid the foundation for his extensive career in business analysis and capital markets.