Prashant Shah
About Prashant Shah
Prashant Shah serves as the Managing Director of Advanced Clearing and Prime Services at Wedbush Securities, where he leads initiatives to enhance clearing capabilities in the financial market. With over 20 years of experience in technology and finance, he has held various roles at Wedbush Securities and other companies, contributing to significant projects and strategic leadership.
Current Role at Wedbush Securities
Prashant Shah serves as the Managing Director of Advanced Clearing and Prime Services at Wedbush Securities. He has held this position since 2022, focusing on expanding the firm's clearing capabilities in a dynamic financial market. His leadership is pivotal in navigating the complexities of the industry and implementing strategic initiatives that enhance service offerings.
Previous Experience at Wedbush Securities
Prior to his current role, Shah held multiple positions at Wedbush Securities. He served as Vice President of Client Solutions & Onboarding from 2014 to 2020, Director of Technology for Clearing & Execution Services from 2009 to 2014, IT Project Manager from 2007 to 2009, Business Analyst from 2005 to 2007, and Software Developer from 2003 to 2005. His tenure at the firm spans over a decade, during which he contributed to various technological advancements and client solutions.
Education and Expertise
Shah holds a Master of Business Administration (M.B.A.) in Strategy and Finance from USC Marshall School of Business, completed between 2005 and 2008. He also earned a Bachelor of Science (B.S.) in Computer Science from California State Polytechnic University-Pomona from 2000 to 2003. Additionally, he obtained a Post Graduate Diploma in Computer Applications from S. P. University in 1999 and a Bachelor of Science (B.Sc.) in Industrial Chemistry from the same institution from 1995 to 1998.
Technical Development Experience
With over 20 years of development experience, Shah specializes in Microsoft Technologies. His background includes significant contributions to major projects that are critical to the growth of Wedbush Securities. He has led the development of innovative technological solutions tailored for high-frequency trading clients, showcasing his expertise in both technology and the financial sector.
Career Background
Before joining Wedbush Securities, Shah worked at Pacific Decision Science Corp. as a Senior Software Developer from 1999 to 2003. He also briefly served as an IT Consultant at Vivendi Universal Games in 2003. His diverse career path has equipped him with a comprehensive understanding of various functions within the financial industry and the latest technological advancements.