After a bachelor in the field of computer engineering, Jaya Vaidhyanathan made an MBA because he was interested in building a business.
He began his career as an investment banker on Wall Street.
“I started working at the workplace of men who were dominated and did not adjust.
I have children and colleagues I call it a ‘suicide career’.
But I did it well because I knew technology, which gave me the advantage,” he said.
He specializes in M ​​& as in all technology, telecommunications, and vertical utilities.
He continued to head the HCL big deal business and won their first big deal of $ 780 million.
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He is in Accenture as an implementing partner.
In 2009, he decided to work for Standard Chartered in India to be with his family.
It introduces it to the banking sector.
He is now a CEO on BCT Digital, a company that makes software for banks.
and financial institutions.
Here, Jaya leads a team that builds a Early Warning System (EWS) to help banks in handling assets and losses that are stressed before the money is loaned.
This system allows banks to call the information needed in minutes, and individual scores or even companies to determine whether they are eligible for loans or not.
The trip to build EWS began six years ago with Jaya published a paper on the increase in NPA in private and public banks.
“After the money goes the bank that takes several years to be repaid.
And there will be potential litigation problems and losses.
The idea is to see it from a preventive perspective than forensic.
Warning warn us to stop loans with evidence to support the decision,” he said.
This system uses traditional data, such as payment history, along with softer and non-structured data elements about customers.
Until now, such a system does not have access to the data of a personal credit bureau, but now has built a fire layers to access it.
When they start building a system, the technology has just emerged, and the RBI has not defined many warnings.
But now, more warnings have been defined.
At first, the project workflow was simple and Jaya hired a handful of software engineers and bankers.
Since then, the team has grown and so is the process, he said.
“Things have changed dramatically when I started working.
Women are the additional welcome and developing digital transformations provide a broad opportunity for everyone.
Technology is no longer an enabler but business,” he said.