About Nova CMX: 30+ Years of Capital Markets Automation

30+ years · 10 countries · 90+ specialists

Global experience with local expertise.

NOVA CMX is the operating platform behind future-ready capital markets – built by a team that has spent thirty years inside the back offices of Tier-1 banks and brokers. We are not a vendor you buy and then manage. We take the commercial risk with you, we cut the number of vendors you depend on, and several of our client relationships are now older than the platforms they replaced.

The record

30+

years engineering capital-markets technology

Founded in the 1990s

100M+

trades processed on the platform

Cumulative production volume

18+

Tier-1 client organisations across APAC and the UK

Live client base

<1%

client churn - relationships measured in decades, not contract terms

NOVA client records

The growth story

Built in the markets we serve

2000

United Kingdom

First go-live in London. The platform is built for a mature, heavily supervised market from day one.

2006

Australia & New Zealand

CHESS and FASTER connectivity. Two markets, two settlement regimes, one lifecycle engine.

2007 – 2008

Malaysia & Indonesia

Bursa and KSEI. Local languages, local reporting, local teams - the model that still defines how we deploy.

2011

Singapore becomes home

Headquarters established. Today a dominant share of daily SGX flow is processed on NOVA platforms.

2013 – 2017

Hong Kong, and Singapore strengthening

Expansion into Hong Kong, followed by a consortium of 4 leading Singapore Securities companies signed a deal with NOVA

2026

NOVA Post-Trade becomes NOVA CMX

The remit widens from post-trade to the full trade lifecycle, with intelligence, automation and resilience native to the platform.

Global reach · local presence

90+ specialists. Ten countries. One platform.

Support in your timezone, people who know your regulator, and engineering depth behind them.

Headquarters

Singapore

133 Cecil Street · group HQ since 2011

Client markets

Malaysia

Bursa · Kuala Lumpur

Hong Kong

HKEX · CCASS

Indonesia

IDX · KSEI

Australia

ASX · CHESS · Melbourne

New Zealand

NZX · FASTER

United Kingdom

LSE · Euroclear · London

United Arab Emirates

Middle East coverage

Engineering

India

Development & IT centre

Vietnam

Development & IT centre

How we work

A partnership model, not a procurement cycle.

We carry the commercial risk, we cut the number of vendors and queries you depend on, and we stay.

24x7

self-serve answers from the NOVA TradeIQ Knowledge Hub. Your team asks about any function in plain language and gets a cited walkthrough down to the screen and field - so support cost falls, and answers arrive in seconds.

TRADEIQ KNOWLEDGE HUB

$0

upfront fees. A commercial model that mirrors your outcomes, not sunk cost - we prove value in a sandbox on your data before you commit.

COMMERCIAL MODEL

20-40%

lower total cost of ownership through straight-through processing and vendor consolidation.

BUSINESS COST

70%

of functionality out of the box. Configured, not coded - your business logic changes without a development contract.

SPEED TO LIVE

30min

average support response on everything the Knowledge Hub does not resolve, backed by quarterly roadmap reviews.

WHEN YOU DO NEED US

0

rollbacks across eighteen Tier-1 go-lives, with client relationships spanning 25 years and counting.

TRACK RECORD

leadership

The people you will actually deal with.

Gopala Subramanium

Chief Executive Officer

Gaurav Mehta

Chief Commercial Officer

Kshitiswar Tripathy

Head of Product

Manuj Bhardwaj

Head of Engineering

Paul Garnham

Systems Architect

Kenneth Lim

Head of Professional Services

Siddharth Upadhyaya

Vice President, Key Accounts

Laurence So

Head of Operations - Hong Kong

Sarjerao Shinde

Operations Manager

Raymond Tan

Operations Manager

Vani Parmar

Head of Brand & Marketing

In their words

Judged on how we behave, not what we promise.

The NOVA Team has demonstrated a commendable level of support throughout our engagement. Their responsiveness and commitment to addressing our needs have been consistently strong, making collaboration smooth and effective.
Tier-1 Global Stockbroker

Part of Contemi Trading Solutions

A platform with a group behind it.

NOVA CMX is a product of Contemi Trading Solutions, a global financial technology group delivering enterprise software across capital markets, insurance, wealth and asset management – which means global delivery capability and R&D depth standing behind every local team you deal with.

Capital markets - engineered

Start with a diagnostic, not a contract.

Two weeks, your current state mapped against the platform, and a tailored ROI model you can take to your board. No upfront fee, and no obligation beyond it.
Gopala Subramanium

Chief Executive Officer

Gopala Subramanium, CEO of Nova CMX, is a visionary technology leader with two and a half decades of experience in capital markets and post-trade transformation. The driving force behind NOVA Post-Trade+, a multi-asset, multi-market platform trusted by leading brokers across SEA, ANZ, the UK and Europe, he has built Nova CMX into a resilient, sustainably profitable partner – delivering AI-driven automation, SOC 2 compliance, and digital-asset readiness for the T+1 era. An IIM Calcutta alumnus and Member of the Singapore Institute of Directors, Gopala is guided by a simple philosophy: every challenge is an opportunity to create enduring value – through clarity, collaboration, and composure.

Gaurav Mehta

Chief Commercial Officer

Gaurav Mehta is a seasoned professional with a robust track record spanning financial services, technology, and media sectors. With expertise in business development, digital strategy, marketing management, negotiation, business planning, and sales, Gaurav excels in driving growth and innovation. Armed with a Master of Business Administration (M.B.A.) specializing in Strategy, Finance, and Marketing from prestigious institutions such as The University of Hong Kong and London Business School, he brings a strategic and analytical approach to every project. Gaurav’s ability to navigate complex landscapes and his knack for identifying and capitalizing on emerging opportunities make him a valuable asset to any organization. With a passion for driving results and a commitment to excellence, Gaurav is poised to make a significant impact in the ever-evolving business landscape.

Kshitiswar Tripathy

Head of Product

A Financial Technology oriented individual with over 2 decades of strong experience in software analysis, design, development, customization, and implementation of Post Trade Products globally. Accomplished product management executive with more than a decade of experience driving the development and execution of successful product strategies. A strategic thinker with strong focus on user experience and a passion of leveraging technology to solve complex challenges. Possessing in-depth knowledge of the Capital Markets and it’s business by being a key contributor in the projects with leading customers. Blend technology skills with extensive Agile/Scrum experience, a marketing orientation, and analytical abilities to evolve product strategy.
Manuj Bhardwaj

Head of Engineering

As the Head of Engineering, Post Trade at Nova CMX, Manuj brings over 18 years of comprehensive engineering expertise to spearhead global teams in delivering technology solutions. Overseeing engineering operations across India, Singapore, and Australia, Manuj has led teams in upgrading post-trade application architecture, delivered transformative projects, and facilitated the transition to modular platforms and modern architecture. He has a keen interest in driving the continuous adoption of Agile methodologies, fostering a DevOps culture, and implementing procedures and processes to optimize efficiency and quality.

Prior roles in his professional journey helped him to hone his skills in project management, stakeholder engagement, and technical leadership. In his personal time, Manuj enjoys spending time outdoors, playing sports, and exploring new trails. Additionally, he finds relaxation in cooking and experimenting with new recipes, often hosting gatherings with friends and family to share meals and laughter.

Paul Garnham

Systems Architect

Paul is our System Architect based in Melbourne and leads Systems Analysis and Design in the Contemi Post Trade domain. Paul draws on his 38 years experience in the design and development of applications in the Post Trade environment. In addition to systems development he has extensive business knowledge across many markets and with Post Trade processing.

Outside of work, Paul enjoys family life and coaches American football. He has coached at International and domestic representative level as well as with his very successful local team.

Kenneth Lim

Head of Professional Services

Kenneth is the Head of Professional Services leading the Post Trades Implementation and Application Support Team in Asia. He is currently managing the Operations of the Post Trade Division including professional services and delivery, project management, and customer communications.

With 25 years of Stock Broking solutions implementations and services delivery experience, Kenneth has successfully brought a few Stock Broking Back Office implementation projects to production among his past achievements.

Siddharth Upadhyaya

Vice President, Key Accounts

Siddharth Upadhyaya is the Vice President, Key Accounts at NOVA CMX, where he is responsible for strengthening strategic client relationships and driving long-term customer success across global capital markets. With over 20 years of experience in enterprise account management, business development, and client engagement, he has worked with financial institutions across APAC, Europe, and North America. Siddharth partners closely with clients to understand their evolving business needs, maximise the value of NOVA CMX solutions, and foster lasting partnerships built on trust, collaboration, and measurable outcomes. His customer-centric approach and deep industry expertise play a key role in supporting clients’ growth and operational excellence.

Laurence So

Head of Operations - Hong Kong

Laurence So, is an accomplished professional with over 17 years of experience in the Hong Kong financial industry. Based in Hong Kong, he has had the privilege of being part of one of Asia’s leading financial hubs. Throughout his career, he has honed his skills in technical expertise, project management, and business analysis.

With a strong technical background, he brings a deep understanding of coding, data analysis, and software development to the table. This proficiency allows him to navigate the intricacies of the modern financial landscape with ease. As a seasoned project manager, he has successfully overseen numerous initiatives, ensuring their seamless execution within strict timelines and budgetary constraints.

Sarjerao Shinde

Operations Manager

Sarjerao, an Operations Manager based in Singapore, brings over 17 years of extensive experience in the trading industry, with a strong foundation in software engineering. Currently, he oversees IT Operations and Professional Services for customers in Singapore, playing a crucial role in maintaining and enhancing service delivery.

Sarjerao has been instrumental in spearheading significant initiatives, including a pivotal role in the Singapore Exchange’s (SGX) project to replace the Trading Member’s Post Trade Management System with a new, cutting-edge API-based Customer Accounting System. This initiative has not only improved operational efficiencies but also enhanced the technological framework to meet modern trading demands.

Raymond Tan

Operations Manager

Raymond is the Operations Manager based in Malaysia with over 15 years of experience in the Malaysian equities market. He has served in diverse roles, leading the transformation in the local trading landscape from exchange trading engine, order management systems to client online onboarding.

Vani Parmar

Head of Brand & Marketing

Vani is the Head of Brand and Marketing at Contemi Solutions. With a career spanning more than 15 years of brand development, planning, and executing marketing strategies, and managing media partnerships, she brings a wealth of strategic vision and a proven track record of driving successful campaigns that resonate with business goals and target audiences. Known for her detailed and innovative approach, Vani has a keen understanding of market trends, consumer behavior, and emerging technologies, allowing her to spearhead creative and effective initiatives.

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