Connecting innovators with J.P. Morgan’s expertise, data, and more to co-create the future of capital markets and wholesale banking




True innovation in wholesale banking and capital markets requires deep access, open collaboration, and iterative proofing. Combining innovators who are exploring the edges of what is possible with the unique resources of a global bank can accomplish this innovation. This is what In—Residence does.

Real Access

Proprietary data & technology
Salespeople, traders, & bankers
Engineers & data scientists
Venture capitalists & industry partners
Compliance, legal, & risk
Strategists & design thinkers

Real Outcomes

Validated product
New Ideas
Integration with banks
Funding
A Network
Commercial arrangement

Partners

Oli Harris

Oli Harris — FinTech Lead, Corporate & Investment Bank

Oli Harris leads the Corporate & Investment Bank's FinTech team. Previously he worked as an Advisor to the President's Office of Myanmar, a Project Manager at the World Economic Forum, and a Strategy Consultant at Accenture. Oli is a graduate of Cambridge University. His latest passion is exploring how to apply design-thinking to all areas of his life after spending time at Stanford's d.school.

Samik Chandarana

Samik Chandarana — Managing Director and Head of Global Credit Indices and eTrading, Corporate & Investment Bank

Samik Chandarana is a Managing Director and Head of Global Credit Indices (GCI) and Global Credit eTrading (GCeT). He was instrumental in the pioneering role that J.P. Morgan played in taking the Credit Default Indices electronic in 2009. Samik became the head of EMEA Credit Trading in 2012. Samik's current role aims to solidify the firm's position in trading liquid credit products through appropriate electronification and the extended use of data. He obtained a degree in Engineering and Management from the University of Manchester Institute of Science and Technology in England. As much as Samik pushes the boundaries of technology in his work life, he remains very much part of the old school in his music tastes because he is still devoted to his vinyl record collection.

Josh Barraclough

Josh Barraclough — FinTech, Corporate & Investment Bank

Joshua Barraclough is part of Corporate & Investment Bank’s FinTech Team and is based in London. Previously, he worked in Accenture’s Trading and Investment Strategy Group working in a number of global locations. He has also spent time developing a PE backed FinTech Company in London and founded his own FinTech venture. Joshua is a graduate of St. Andrews University. He enjoys discovering new vineyards and maintaining his small, but ever growing wine collection.

Samir Shah

Samir Shah — Managing Director and Global Head of Digital Solutions, Corporate & Investment Bank

Samir Shah is the Global Head of CIB Digital Solutions and a member of the CIB’s senior leadership team for client-related innovation and FinTech activities. In his current role, Samir is responsible for delivering the firm’s emerging technology ideas and insights to clients. Samir joined J.P. Morgan in 2010 and has played a variety of Product Management and Sales Leadership roles across the bank. Samir received his MBA from the University of Chicago. Samir is an aspiring mixologist and a dedicated sports enthusiast.

Peter Cotton

Peter Cotton — Algorithmic Trading Research, Corporate & Investment Bank

Peter Cotton leads algorithmic trading research for J.P. Morgan, aimed at optimizing the Credit Index and Corporate Bond trading businesses. He previously founded Benchmark Solutions, a provider of real-time bond and credit default swap pricing sold to Bloomberg in 2013. Peter received his doctorate in Mathematics from Stanford University. He enjoys sleep.

Chetan Sarva

Chetan Sarva — Emerging Technology, Corporate & Investment Bank

Chetan Sarva is part of the Corporate & Investment Bank's Emerging Tech team, working primarily on up-and-coming technologies like distributed ledger (blockchain) and cloud migration. Previously, he worked for a string of Ad Tech companies in the New York startup scene, most recently at Ghostery, a leading provider of online consumer privacy tools. He studied economics and computer science at Stony Brook University. His current passions are distributed computing, big data and machine learning.

David Hudson

David Hudson — Managing Director and Global Head of Markets Execution, Corporate & Investment Bank

David Hudson is the Global Head of Markets Execution and a member of the Corporate & Investment Bank's Management Committee. In this role David is responsible for assessing emerging trends and developing products, electronic platforms, and potential partnerships – inside and outside the bank – that could transform the way we, and our clients, do business. David also has responsibility for our electronic distribution channels, including J.P. Morgan Markets and J.P. Morgan Execution Services. David has held a variety of positions at J.P. Morgan, most recently as CFO of Global Markets where he was responsible for Finance and Business Management function as well as regulatory and industry relationships for the Markets business. Prior to J.P. Morgan, he worked in the Internet and telecommunications industry in London and South Africa, including a role in which he led technology development at the first multi-bank foreign exchange electronic trading platform.

Sara Sollors

Sara Sollors — FinTech, Corporate & Investment Bank

Sara Sollors is part of the Corporate & Investment Bank's FinTech team and is based in New York. Previously, she worked for Palantir, at various New York startups, and in the Italian Parliament. Sara is a graduate of Harvard College. She is an amateur chef and general food enthusiast.

Pete Spera

Pete Spera — Managing Director and Head of Client Intelligence Technology, Corporate & Investment Bank

Pete Spera is the head of Client Intelligence Technology for the Sales and Marketing organization. He is responsible for the core applications the Sales organization leverage daily to manage their franchise, report Sales performance, assess client profitability and deepen client relationships. Pete has B.S. degree from Rensselaer Polytechnic Institute (RPI) and an MBA from Seton Hall University. He has lived in Singapore and spent significant time in India and London through various Product Management and Technology roles. He enjoys spending time with family and relaxing on a beach whenever possible.

Steven Tsao

Steven Tsao - Executive Director, Global Investment & Corporate Banking, Corporate & Investment Bank

Steven is a technical director in Global Investment & Corporate Banking supporting various strategic Debt Capital Markets initiatives. Previously he led the development of multiple client facing portals including J.P. Morgan Markets single dealer platform and J.P. Morgan corporate websites. Steve holds a M.S in Computer Science from University of Massachusetts and a B.S in Electrical Engineering from NYU Polytechnic. He enjoys playing sports, traveling, and home improvement projects.

Umar Farooq

Umar Farooq — Managing Director and Head of Channels, Analytics, and Innovation for Treasury Services

Umar Farooq is the Head of Channels, Analytics, and Innovation for Treasury Services. He also oversees Blockchain Initiatives for the Corporate & Investment Bank. Prior to his current role Umar was the Head of CIB Fintech and the CFO responsible for financial oversight and business management across Technology, Operations, and Controls. Previously he held leadership positions in Chase Bank including Head of Small Business Segment, National Sales Manager and CFO for Chase Business Banking. Umar joined JP Morgan Chase in 2009. Before joining JP Morgan Chase, he was the Chief Sales Officer for CIT Group where he led revenue growth across middle market and specialty lending businesses. Umar holds a B.S. in Computer Science, B.S. in Economics and M.Engg. in Computer Engineering from the Massachusetts Institute of Technology. Umar received his JD from Yale Law School.

Daniel Drummer

Daniel Drummer — FinTech, Corporate & Investment Bank

Daniel Drummer is part of Corporate & Investment Bank’s FinTech Team and is based in London. Previously, he worked as a management consultant at McKinsey & Company, at the Royal Bank of Scotland (RBS) in the Investment Banking Division and in a strategic role for the CEO of Western Europe. Daniel completed an M.B.A. degree with Distinction at the University of Oxford, holds a Master degree (LL.M.) in Corporate Law and was appointed a Visiting Fellow at Harvard University in 2016. He enjoys diving, having lively discussions with others and playing a number of musical instruments.

Suresh Shetty

Suresh Shetty — Lead Engineer, Emerging Technology, Corporate & Investment Bank

Suresh is as a Lead Engineer within the Corporate Investment Bank’s Emerging Technologies group. He has worked at J.P. Morgan for the last sixteen years and has held a variety of senior architecture and project development roles within the Investment Bank. He has been designated as one of the twenty four Distinguished Engineers in the bank. That designation for technical engineering distinction was accorded to him by the CIOs of the major J.P. Morgan lines of business. It is the highest award given to application developers/ architects in the bank. Suresh graduated Magna Cum Laude with an Electrical Engineering Degree from City College of New York and has an M.B.A. in Finance from NYU’s Stern School of Business.

Ana Capella

Ana Capella — Managing Director, Head of Strategic Investments

Ana Capella is the Head of Strategic Investments at J.P. Morgan. Ana and her team are responsible for globally supporting the firm’s businesses and corporate functions by making financially motivated investments that are strategic to the firm’s business activities. Ana joined J.P. Morgan in 1993 and has worked within the Financial Institutions Group (FIG), Corporate Strategy, Investor Relations, and Private Equity. She was the Head of Private Equity, prior to taking further responsibilities as Head of Strategic Investments in the fall of 2015. Ana received her M.B.A. from INSEAD (Fontainebleau, France) and holds a B.A. in Business Administration from CUNEF (Madrid, Spain).

Oli Harris

Oli Harris — FinTech Lead, Corporate & Investment Bank

Oli Harris leads the Corporate & Investment Bank's FinTech team. Previously he worked as an Advisor to the President's Office of Myanmar, a Project Manager at the World Economic Forum, and a Strategy Consultant at Accenture. Oli is a graduate of Cambridge University. His latest passion is exploring how to apply design-thinking to all areas of his life after spending time at Stanford's d.school.

David Hudson

David Hudson — Managing Director and Global Head of Markets Execution, Corporate & Investment Bank

David Hudson is the Global Head of Markets Execution and a member of the Corporate & Investment Bank's Management Committee. In this role David is responsible for assessing emerging trends and developing products, electronic platforms, and potential partnerships – inside and outside the bank – that could transform the way we, and our clients, do business. David also has responsibility for our electronic distribution channels, including J.P. Morgan Markets and J.P. Morgan Execution Services. David has held a variety of positions at J.P. Morgan, most recently as CFO of Global Markets where he was responsible for Finance and Business Management function as well as regulatory and industry relationships for the Markets business. Prior to J.P. Morgan, he worked in the Internet and telecommunications industry in London and South Africa, including a role in which he led technology development at the first multi-bank foreign exchange electronic trading platform.

Samir Shah

Samir Shah — Managing Director and Global Head of Digital Solutions, Corporate & Investment Bank

Samir Shah is the Global Head of CIB Digital Solutions and a member of the CIB’s senior leadership team for client-related innovation and FinTech activities. In his current role, Samir is responsible for delivering the firm’s emerging technology ideas and insights to clients. Samir joined J.P. Morgan in 2010 and has played a variety of Product Management and Sales Leadership roles across the bank. Samir received his MBA from the University of Chicago. Samir is an aspiring mixologist and a dedicated sports enthusiast.

Lauren Tanenbaum

Lauren Tanenbaum — Vice President, Leveraged Finance, Corporate & Investment Bank

Lauren is a Vice President on the Leveraged Finance team. Previously she worked in Fixed Income Research at J.P. Morgan and Public Finance at Morgan Stanley. Lauren graduated Summa Cum Laude from the University of Pennsylvania. She is currently the Treasurer of Junior Women in Banking.

Huw L. Richards

Huw L. Richards — Managing Director and Co-Head Global Investment Grade Finance, Corporate & Investment Bank

Huw Richards is a Managing Director and Co-Head of Investment Grade Finance (IGF) at JPMorgan within the Global Debt Capital Markets group. In 2015, Huw also assumed responsibility for the global Infrastructure Finance and Advisory (IFA) group within the Corporate & Investment Bank.

Within these businesses he has led various initiatives to leverage technology to improve client experience with investment banking. Huw has worked at JPMorgan since 1999. He graduated from the University of California at Berkeley with a B.S. (Honors) in Business Administration.

Chris Palmer

Chris Palmer - Managing Director and Head of Front Office Supervision, Corporate & Investment Bank

Chris Palmer leads the Front Office Supervision program team within J.P. Morgan’s Corporate & Investment Bank which is responsible for rolling out initiatives to assist the Front Office in providing greater oversight of their teams in a more efficient manner. Chris set up the Front Office Supervision team having previously managed the Commodities Middle Office for EMEA and Asia. Chris holds an honours degree in Economics.

Residents

Frequently Asked Questions

  • What sets In—Residence apart from other accelerators and incubators?
    What sets In—Residence apart from other accelerators and incubators?

    No two Residents have the same experience at J.P. Morgan. Our highly specialized program is tailored to each company's stage of development and strategic objectives to ensure that our partnership generates real value for all involved. The program is embedded within J.P. Morgan’s Corporate & Investment Bank, and each Resident is personally sponsored by a member of the Corporate & Investment Bank Management Committee. Leveraging J.P. Morgan’s global network, data, expertise and resources, In—Residence is best positioned to collaborate with companies developing incremental solutions or groundbreaking inventions in the wholesale banking space.

  • Wholesale banking – what does that mean?
    Wholesale banking – what does that mean?

    Wholesale banking encompasses all business-to-business financial services that J.P. Morgan offers to corporations, governments, financial institutions, pension funds, sovereign wealth organizations, states, and municipalities in more than 100 countries. Our business is comprised of Investment Banking, Treasury Services, Markets, and Investor Services. To learn more about our lines of business, please see the “About Us” section at jpmorgan.com.

  • What is special about the ‘collaborative approach’?
    What is special about the ‘collaborative approach’?

    Our Residents do not work in isolation. Rather, they co‐create their solutions with a ‘Challenge Team’ of relevant J.P. Morgan experts. Residents have access to J.P. Morgan’s premises and space in close proximity to applicable business units. Sitting side‐by‐side with J.P. Morgan engineers, business leaders, and all functions in between, Residents are able to develop products iteratively and rapidly test them in a real‐world setting.

  • What kind of company are you looking for? What stage of startup is appropriate for In—Residence?
    What kind of company are you looking for? What stage of startup is appropriate for In—Residence?

    We prefer companies with at least an initial product developed, so we can take you from pitch ready to enterprise ready. Typically speaking, this means pre-seed to Series A; however we evaluate each opportunity on a case-by-case basis.

  • Will you work with multiple startups working on the same idea?
    Will you work with multiple startups working on the same idea?

    No, each Resident works alongside their J.P. Morgan ‘Challenge Team’ and relevant industry sponsors to solve a unique challenge.

  • My company is likely too far along in its life cycle for In—Residence. Can we still reach out?
    My company is likely too far along in its life cycle for In—Residence. Can we still reach out?

    Absolutely. Within the Corporate & Investment Bank, the In—Residence team serves as a first point of contact for entrepreneurs, innovators, startups, and emerging technology companies. After an initial conversation, the team can connect you with suitable internal stakeholders, where appropriate.

  • I am interested in In—Residence, but not as a participant. Should I still reach out?
    I am interested in In—Residence, but not as a participant. Should I still reach out?

    Certainly. Our team can be reached at in-residence@jpmorgan.com. In your email, please be sure to specify your area of interest.

  • I have a client that is interested in your program. How can I connect them with someone on your team?
    I have a client that is interested in your program. How can I connect them with someone on your team?

    Please encourage them to browse our website and/or send an email to in-residence@jpmorgan.com.

  • How do I apply?
    How do I apply?

    If you are prepared with an initial concept or product developed, please complete the form below to apply. A member of the In—Residence team will then be in touch to discuss next steps.

  • When is the next application deadline?
    When is the next application deadline?

    We do not have fixed application windows. Submissions are reviewed on a rolling basis.

  • Do you accept startups from all over the world? Is relocation required?
    Do you accept startups from all over the world? Is relocation required?

    At the moment, we accept applications globally. The most important admission criteria is your idea, not your location, therefore relocation is not a requirement. However, we do recommend proximity to our NYC or London offices to take full advantage of program resources.

  • What should I expect after submitting an application?
    What should I expect after submitting an application?

    Our vetting process may include an initial screening, phone calls, in-person follow-ups, product demos, and discussions with relevant business leaders, but varies considerably depending on individual circumstances.

  • How are admissions decisions made?
    How are admissions decisions made?

    To evaluate your application, our team will primarily focus on the validity of concept, stage of product development, competitive landscape, team composition and experience, and where your company or idea fits within the strategic priorities of the In—Residence program.

  • How long do I have to wait for a final decision?
    How long do I have to wait for a final decision?

    We aim to convey an indicative decision within four weeks.

  • How long is the program?
    How long is the program?

    While we do not adhere to a fixed program length, terms of engagement often dictate between 6 and 18 months.

  • Is there a cost to participate in this program?
    Is there a cost to participate in this program?

    No, there is no cost to participate in the In—Residence program.

  • Where can I find the terms and conditions of Residency?
    Where can I find the terms and conditions of Residency?

    There are no standard terms and conditions for participation in the In—Residence program. J.P. Morgan will draft bespoke terms in alignment with our mutual goals and needs.

  • I have specific contacts in mind that I'd like to work with, is this possible?
    I have specific contacts in mind that I'd like to work with, is this possible?

    Upon admission, we work with each Resident to put together the best sponsorship team, also known as your ‘Challenge Team,’ which includes a sponsor from the Corporate & Investment Bank Management Committee. Any preferences or previous ties you have will be taken into consideration.

  • Will I receive a stipend to participate in the program? Travel, relocation, or otherwise?
    Will I receive a stipend to participate in the program? Travel, relocation, or otherwise?

    Currently, there is no stipend for program participants, irrespective of travel or relocation expenses.

  • Is there a financial incentive incorporated into the program?
    Is there a financial incentive incorporated into the program?

    While there is no guaranteed financial reward upon successful completion, J.P. Morgan may wish to continue our partnership via a commercial arrangement, strategic investment, or other form of funding.

  • Are you hiring?
    Are you hiring?

    At present, the In—Residence team is at full capacity and instead leverages the broader resources and personnel of J.P. Morgan when needed. The best way to become involved with our program is to be an employee of the firm with a keen interest in capital markets and wholesale banking innovation!

Apply

Please bear in mind that your progress will not be saved should you leave this page for any reason. If preferable, you may also download a PDF version and submit upon completion via email.

Company

Team


Please include the links to the LinkedIn profiles of up to 3 key members and co-founders

Product and Company Overview


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Funding

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Specify total funding to-date, latest funding, and date of funding

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Solution


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If applicable, please list the number of paying customers and the names of potential reference customers
No more than 150 words
If applicable, please use this space to provide the name and line of business for any J.P. Morgan touchpoints you have already made contact with

Terms


I declare that the information given is accurate and that this application has the support of the managing executive(s) of the group if applicable.

Disclosure

By submitting an application to participate in J.P. Morgan’s In—Residence program, you agree to the collection, use and disclosure of the personal information you share with us during the course of your application. If you choose not to submit the personal information, J.P. Morgan may not be able to process your application.

The personal information you submit through this application to J.P. Morgan will be used for purposes of evaluating your eligibility to participate in the In—Residence program and closely related purposes including subsequent application or program-related correspondence between J.P. Morgan and you. J.P. Morgan is committed to maintaining the personal information it receives in accordance with applicable law and will take reasonable steps to ensure that your personal information is kept secure against unauthorized loss, disclosure or destruction. J.P. Morgan will retain your personal information as long as necessary for the fulfillment of the purposes for which it was collected, subject to reasonable legal limitation periods, statutory or regulatory retention requirements and legitimate business requirements. J.P. Morgan will use reasonable efforts to ensure the personal information which is no longer required by J.P. Morgan will be disposed of or destroyed in an appropriate manner.

J.P. Morgan is a global business and your personal information held by J.P. Morgan may be transferred worldwide to other employees for the purposes described above. J.P. Morgan may also share your personal information with its agents or service providers for the purposes described above, with legal and regulatory authorities, and where required by law. In these circumstances, appropriate measures will be put in place to help ensure the continuing protection of your personal information.

Insofar as you provide J.P. Morgan with personal information about persons related to you (for example officers, directors or employees), you agree that you are authorized to provide such personal information to J.P. Morgan for its collection, use, disclosure, transfer and retention as described above.

Please find the PDF version of our online application below that you may email upon completion to
In-Residence@jpmorgan.com


In-Residence Application

Disclosure

By submitting an application to participate in J.P. Morgan’s In—Residence program, you agree to the collection, use and disclosure of the personal information you share with us during the course of your application. If you choose not to submit the personal information, J.P. Morgan may not be able to process your application.

The personal information you submit through this application to J.P. Morgan will be used for purposes of evaluating your eligibility to participate in the In—Residence program and closely related purposes including subsequent application or program-related correspondence between J.P. Morgan and you. J.P. Morgan is committed to maintaining the personal information it receives in accordance with applicable law and will take reasonable steps to ensure that your personal information is kept secure against unauthorized loss, disclosure or destruction. J.P. Morgan will retain your personal information as long as necessary for the fulfillment of the purposes for which it was collected, subject to reasonable legal limitation periods, statutory or regulatory retention requirements and legitimate business requirements. J.P. Morgan will use reasonable efforts to ensure the personal information which is no longer required by J.P. Morgan will be disposed of or destroyed in an appropriate manner.

J.P. Morgan is a global business and your personal information held by J.P. Morgan may be transferred worldwide to other employees for the purposes described above. J.P. Morgan may also share your personal information with its agents or service providers for the purposes described above, with legal and regulatory authorities, and where required by law. In these http://fatwire.jpmchase.net/inetSearch/404notfound.jsp?e=404nfhcircumstances, appropriate measures will be put in place to help ensure the continuing protection of your personal information.

Insofar as you provide J.P. Morgan with personal information about persons related to you (for example officers, directors or employees), you agree that you are authorized to provide such personal information to J.P. Morgan for its collection, use, disclosure, transfer and retention as described above.

 

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