Almonde, a performance management software provider for financial institutions, has established a new corporate headquarters in London.

Jason Nabi, regional director for northern and central Europe, heads up the London office. Nabi joined Almonde from Algorithmics, a risk management software company. At Algorithmics, Nabi spearheaded the global alliance to bundle a risk management solution into market data vendor Bloomberg's terminal offering. Nabi worked for Bloomberg prior to Algorithmics, and also for IBM global services.