Check out your Company Bowl for anonymous work chats.
CXO of the week: Kishan Sundar, SVP, and Chief Technology Officer – Key Accounts – Maveric Systems Limited
Maveric Systems eyes IPO in 2-3 years
Maveric Systems Strengthens Board with Renowned Industry Leaders Anil Sachdev and N S Parthasarathy as Non-Executive, Independent Directors
‘Telecom Penetration To Determine Banking Penetration In India’ Digitization has made transactions more efficient and cost-effective, according to P Venkatesh, Co-founder and Director, Maveric Systems. In a conversation with india.com, Venkatesh said, “India was an early adopter of Unified Payment Interface (UPI). Money transfers for goods or services, as well as person-to-person transactions, have become more efficient and cost-effective as a result of this. “Small value payments would be a singular achievement if one were to point it out. The NPCI has integrated many bill payment platforms, making it possible to pay for utilities such as power, water, and gas, as well as other payments such as telephone or mobile, in a convenient manner”, P Venkatesh said.
Venkatraman GS Joins Maveric Systems as Chief Finance Officer Maveric Systems, a domain-led BankTech solution specialist, announced the appointment of Venkatraman GS as its Chief Finance Officer. In this role, he will be providing overall leadership to the Finance function, including controllership, treasury, secretarial, and compliance. In addition, Venkatraman will also specifically focus on investment planning, strategizing effective ROI, and administering the wealth-sharing initiatives to attract and nurture high-caliber talent.
Maveric Systems Named a Major Contender in the Everest Group Temenos IT Services PEAK Matrix® Assessment 2022 Maveric Systems has been named a Major Contender in the “Temenos IT Services PEAK Matrix® Assessment 2022”. This is part of the Banking & Financial Services ITS and Financial Services Technology (FinTech) research programs. Everest Group’s PEAK Matrix® evaluates service providers on the dimensions of Market Impact and Vision & Capability, thereby categorizing them into Aspirants, Major Contenders and Leaders.
Graceful Degradation in banking An attention-deficit planet is unlikely to forget the memorable Monday moan in a hurry. For six hours, Facebook and its app family of Instagram, Messenger, and WhatsApp went down. Beyond the flood of FOMO memes, the impact to Facebook was tangible – shares fell 4.9 percent, its US ad revenues bled $545,000 each hour, not to mention the inconvenience it brought on to millions of businesses that rely on Facebook pay to access e-commerce sites. Using specific indicators from World Bank and other agencies, the cost of shutdown tool (COST) was estimated at $160m to the global economy. Disclaimer - Originally published on Bobsguide
Essential Innovations That Will Accelerate Banking Tech Transformation The year of the pandemic witnessed banks across the world as well as back home in India, accelerating their digital transformation initiatives. Not only were they forced to condense their year-long plans, but their evolution also came with a tectonic cultural change – one that challenged traditional processes, encouraged innovation, and made them rethink every aspect of their future journey. This radical shift towards ubiquitous digitization came with both the impetus as well as the opportunity for Indian banks to improve services, build loyalty, reduce costs, and develop the ability to spot bumps crucial to making the banking experience - with data at the heart of digitization. In the new world order where rapid decision-making, action, and response is imperative, financial institutions must now prepare for a holistic banking transformation with technology. Banks are also focusing on ensuring real-time engagement with their compliance and risk management teams, to put appropriate controls for comprehensive go
pCloudy (now Opkey Digital) partners with Maveric Systems to disrupt the Global Banking Sector pCloudy, a continuous testing cloud platform (now Opkey Digital) is proud to welcome Maveric Systems, a leading banking tech transformation solutions company as a new partner on-board. pCloudy is your one-stop-shop solution for all your app testing needs. With various testing capabilities and integrations that are easily accessible, the platform has become a favourite among many quality engineers, testing teams, and app developers. Needless to say, Maveric complements the work at pCloudy as they drive digital transformation in the global banking sector. This strategic alliance between pCloudy and Maveric will accelerate digitalization and quality engineering in the world of banking across the globe.
Maveric Systems to hire 1,200 in the next one year until 2022 Maveric Systems, a global banking technology transformation company, plans to hire around 1,200 employees over the next 12 months amidst a spike in digital adoption by banks and financial institutions since the onset of the Covid-19 pandemic. Read more from the below link "
