In Part 2 of this white paper series that examines the transformation of the capital markets and the emerging dynamics impacting front office risk technology, Numerix Chief Strategy Officer and SVP of Client Services Satyam Kancharla shares his views on the accelerating pace of technology change and innovation in the capital markets. The paper examines the critical components that should serve as part of a firm’s technology architecture strategy and that could shape and enhance the future of its front-to-risk value chain, including:
The paper also points out the significant roadblock in the industry: the continued existence of aging legacy infrastructures, which is one reason banks and other financial institutions are struggling to achieve improved profitability.
Making technology modernization a priority is the underlying tenet of Mr. Kancharla’s message.
Satyam Kancharla, Chief Strategy Officer and Senior Vice President, Numerix
Mr. Kancharla, as Chief Strategy Officer and Senior Vice President, is responsible for corporate strategy and currently heads the Client Solutions Group at Numerix. This group is responsible for Product Management, Financial Engineering and Business Analysis. Prior to this, he has served in various roles in Quantitative Software Development, Financial Engineering and Client Services at Numerix. Before transferring to Numerix in New York City, he was the CTO for Numerix Japan LLC in Tokyo, heading the Pre-Sales and Financial Engineering teams for Asia. Prior to joining Numerix in 2003, Mr. Kancharla also worked with Merrill Lynch and GE Capital in Quantitative Finance and Product Development roles. He holds an MBA degree from New York University’s Stern School of Business, an MSc degree in Applied Statistics and Informatics from Indian Institute of Technology, Bombay and a BSc in Mathematics and Computers from the University of Mumbai.
React, Adapt and Enact: The Catalysts to Capital Markets Transformation