Sriniketh Chakravarthi

As financial institutions worldwide are facing a pivotal point, there is a growing need in financial institutions to streamline, integrate and scale digital solutions. Emerging technologies have shifted from being a long-term goal to an urgent and strategic priority to remain competitive. As a visionary in the field, Arun Jain, our Chairman and Managing Director, addressed a plenary session on “Simplify Banking using Composable eMACH.ai”, highlighting how it can enhance the overall banking experience for their clients in a rapidly evolving financial landscape where customers expectations are continuously rising. #Intellect #FirstPrinciplesThinking #eMACHai #ComposableBanking #ContextualBanking #SimplifyingBanking #InnovationInBanking #BIANBankingSummit #designthinking #OpenFinancePlatform #Fintech #EnterpriseGradeTechnology #BankTechwave5

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Excited to share insights from our Chairman and Managing Director Arun Jain’s plenary session at the BIAN Banking Summit 2024! The session on “Simplify Banking using Composable eMACH.ai” highlighted how eMACH.ai's composable approach helps banks overcome challenges and improve customer experiences. The session was witnessed by the world’s trailblazer bankers, innovative architects and the best minds in banking technology. #Intellect #FirstPrinciplesThinking #eMACHai #ComposableBanking #ContextualBanking #SimplifyingBanking #InnovationInBanking #BIANBankingSummit #designthinking #OpenFinancePlatform #Fintech #EnterpriseGradeTechnology #BankTechwave5

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Excited to share insights from our Chairman and Managing Director Arun Jain’s plenary session at the BIAN Banking Summit 2024! The session on “Simplify Banking using Composable eMACH.ai” highlighted how eMACH.ai's composable approach helps banks overcome challenges and improve customer experiences. The session was witnessed by the world’s trailblazer bankers, innovative architects and the best minds in banking technology. #Intellect #FirstPrinciplesThinking #eMACHai #ComposableBanking #ContextualBanking #SimplifyingBanking #InnovationInBanking #BIANBankingSummit #designthinking #OpenFinancePlatform #Fintech #EnterpriseGradeTechnology #BankTechwave5

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Cognizant is acquiring Belcan a leader in Digital Engineering. Our CEO Ravi Kumar S talks to CNBC on this stating “This acquisition will give us a new growth vector where in software and technology is embedded into physical objects in #Manufacturing, #Aerospace #Defense industries. #Cognizant is in a sweet spot at the center of #InformationTechnology #OperationsTechnology and #BusinessTransformation “ Very unique proposition where there are not many players in the market giving us an edge over competition. #M&A #Acquisition #DigitalEngineering

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Celebrating Our Chairman, S.N. Subrahmanyan (SNS) We are thrilled to congratulate our Chairman, S.N. Subrahmanyan (SNS), on being recognized as one of India’s Best CEOs by Fortune India! 🎉 L&T’s ‘Intuitive Engineer’ is leading the way in transforming our engineering-to-tech conglomerate, driving sustainable and profitable growth while embracing cutting-edge technologies like semiconductors, green hydrogen, and AI. Under his leadership, L&T continues to excel, setting new standards in innovation and business excellence. His vision for the future is one where tech and engineering unite seamlessly, furthering India’s self-reliance mission. Looking ahead, SNS has set an ambitious target for L&T: achieving a ₹15 lakh crore market cap, solidifying its position as a global technology powerhouse. “Growth is a way of life, but profitable growth is the best way of life.” #Leadership #Innovation #EngineeringExcellence #FutureVision #LarsenandToubro #BestCEO #FortuneIndia

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The data is in: 2024 is the year AI at work gets real. The use of generative AI has nearly doubled in the last six months, with 75% of global knowledge workers using it.

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It was pleasure speaking on the Forbes India podcast with Harichandan Arakali creating an #AIfirst strategy for large banks’ enterprise-wide transformation. Banks of the future will become much more tech and platform-oriented instead, and the end-to-end platforms created will become marketplace offerings. Beyond typical banking services, #embeddedfinance will continue to grow these banks’ presence throughout the entire ecosystem. And, the adoption of #GenAI at scale will accelerate banks’ modernization and transformation journeys to become both more efficient and customer-centric.

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As I step into the dynamic world of Coforge, I’m filled with excitement and anticipation. The company’s journey, from its roots as a training organization to becoming one of the world’s fastest-growing digital services and solutions providers, is nothing short of inspiring Here’s why I’m thrilled to be part of this remarkable team: Innovation at the Core: Coforge doesn’t just embrace change; it thrives on it. With a legacy spanning almost 40 years, the organization has evolved, adapted, and redefined itself. Now, it stands at the forefront of digital transformation, armed with cutting-edge technologies and a passion for innovation. Domain Expertise: Coforge’s deep domain expertise is a game-changer. Whether it’s insurance, banking, or travel, they understand the intricacies of each industry. As someone who appreciates the intersection of technology and business impact, I’m eager to contribute to their success story. Global Impact: Coforge’s reach extends far beyond borders. Their global delivery capabilities and client-centric approach have earned them accolades. I look forward to collaborating with colleagues from diverse backgrounds. Customer-Centric Approach: Partnerships matter, and Coforge knows it. They’ve built strong relationships with clients, including marquee names like Fifth Third Bank, N.A. Their commitment to delivering real-world business impact resonates with me. The People: A company is only as strong as its team. At Coforge, I’ve already sensed the camaraderie and shared purpose. From fellow team members to partners and customers, I’m excited to collaborate, learn, and grow together. So here’s to new beginnings! 🥂 As I embark on this journey, I’m grateful for the opportunity and ready to contribute my best. To my future colleagues, partners, and customers: let’s create something extraordinary!

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The accelerated rise of #AI adds a new level of complexity to technology investments and priorities. While it could take years for #GenAI investments to unfold, the technology investments that will drive transformation are happening now. #CIOs are feeling the pressure to make smart technology bets and now - the calls come faster and the stakes are higher. Check out our latest #ITCostOptimization strategies:

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IT Services Companies Committed to Indian #GCCAdvisory Offerings Global IT services companies, such as HCLTech, continue to see opportunities in building global capability centers (GCCs) for multinational clients. In a recent news article - Vijayakumar, CEO and Managing Director, HCLTech - dismissed fears of technology insourcing eating into the share of Indian software exporters amid the rapid ongoing growth of GCCs in India. As per IT services industry leader, even as global firms are insourcing technology services, it is restricted to large companies. According to a new market research report published by Global Market Estimates, the Indian GCC market is projected to grow at a CAGR of 11.3% from 2024 to 2029. So where does the hope lies: - Between 2024 to 2029, as per the vertical outlook, the #IT and #technology segment is expected to be the largest segment in the Indian GCC market. It is expected to be followed by #FinanceandBanking, #Healthcare, #Manufacturing - Between 2024 to 2029, as per the services outlook, the IT services segment is expected to be the largest segment in the Indian GCC market. It is expected to be followed by #BPO, #reserachanddevelopment & #Consulting. Some of the key players operating in the Indian GCC market include Accenture, Capgemini, IBM, Tata Consultancy Services, Infosys, Cognizant, Wipro, HCLTech, DXC Technology, and Genpact, among others Genome Quest - a bespoke leadership search firm - specializes as a key strategic partner for hiring the right #leadership fit for GCC's in India and is strongly positioned to leverage possible synergies 🤝 #GCCgrowth #GCCleadershiphiring #GCCIndia #Executivesearch

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We are excited to announce our mission to harness the power of Artificial Intelligence to drive growth, innovation, and success. At Masin, we believe AI isn’t just about technology—it’s about unlocking potential, transforming challenges into opportunities, and enabling businesses and individuals to achieve more than ever before. Read the story of our partnership with Automation Anywhere. #ArtificialIntelligence #Innovation #Growth #AIforBusiness

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Generative AI to the rescue or not as yet? Speculations, Use cases, Ideation, Adoption, and most importantly skepticism around measurable business outcomes in an era that has perhaps become synonymous with chaos, risks, rising costs, and unpredictability! Sharing our perspective on the imminent opportunities to unlock the potential in the BFS sector!! #GenerativeAI #GENAI #BFS #EngineeringFirst #PoweredByVirtusa #CustomerCentricity #BusinessInnovation Virtusa

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Amit Varma, President of Global Markets Brillio, was featured in a Forbes US article and shares how leadership can prepare for an AI-powered future. Curiosity, experimentation, and adaptability are essential traits that today's leaders must embrace. By cultivating data literacy and technological fluency, we can confidently navigate the complexities of AI and leverage its potential to drive our organizations forward to meet business objectives and outcomes. #Leadership #AI #Innovation #Adaptability #DigitalTransformation #Forbes

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In an interview with ETCIO, Ravi Rajendran, Area Vice President of ASEAN, Elastic, shares about the challenges that enterprises face when dealing with large volumes of structured and unstructured data, and how Elastic combines search, machine learning and artificial intelligence to revolutionise the way enterprises handle and analyse data. Read more here: https://gag.gl/TqMGiQ

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Global Fintech Festival (GFF 2024) event was an enriching experience. The event had a footprint of 80,000+ participants from Banks, Financial Services companies, Fintech, Investors, Start Ups and entrepreneurs. Key takeaways for me are : 1) Fintech continues to grow sustainably in India. Around 11000 Fintech companies are founded in India with an investment of around US$ 6 Billion. Fintech expected to grow in India with the following five fundamental pillars: a) Digital Financial Inclusion b) Digital Public Infrastructure c) Consumer Protection and Cyber Security d) Sustainable Finance and Environmental Protection e) Global Integration and Collaboration To achieve the sustainable growth, Reserve Bank of India will establish Regulatory Framework with a balanced approach. 2) In the Global Fintech Festival held in India on Aug 28th, 2024, Mr. Nandan Nilekani talked about Finternet, a new approach to global finance, where technology eventually converges to unlock exponential value. Finternet empowers people to participate in the upside of the economy and it enables regulators to regulate and innovators to innovate. Finternet is a network of networks: - Connecting individuals and businesses - Sector and border agnostic connections - Universal rails with permission flows. 3) Cross-Border payments have made significant strides in areas like consumer remittances. B2B payments account for a staggering $150 trillion in global cross-border payment volumes. Yet, our focus often skews towards C2C and B2C transactions. We need to expand and potentially shift our attention to be more exhaustive. Micro and Small/ Medium Enterprises (MSMEs) are increasingly operating across borders, thanks to e-commerce and digital platforms. These MSMEs form the backbone of many economies, often accounting for over 90% of businesses and more than 60% of employment worldwide (World Bank). Current B2B cross-border payment systems are often too complex, slow, and expensive for MSMEs, hindering their growth and global competitiveness. Innovations in B2B payments could unlock tremendous value. Even a 1% efficiency gain could free up significant value in global trade. Improved B2B payments can foster greater participation in global value chains, particularly for businesses in developing economies. 4) The role of cutting-edge Technologies Cloud, AI, Blockchain etc. in the payment space is not just of an enabler but a must have to build personalized and globally accessible experience that is 24 X 7 available. 5) Current trend and future are moving towards banks, their corporates and Fintech collaborating to leverage each other's strength for mutual growth. 6) Financial innovation and inclusion have progressed around the world. Billions of people are being held back from opportunities. Technology driven products that are easy to use are making sure those who are underbanked are empowered which is leading towards inclusion.

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In a discussion with Minu Sirsalewala, CIO.inc, Manjeet Bijlani, CFO, HDFC Credila Financial Services Limited, describes how #Oracle #cloudapplications helped them in #streamlining and #automating their #loandisbursal process. #CloudWorld https://lnkd.in/d3dSbuYV

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Six pillars, infinite possibilities. That’s what Infosys brings with its Energy Transition offerings, for a resilient energy ecosystem. As a Digital Energy Orchestrator, our holistic approach can drive efficiency, reduce emissions, and enhance your bottom line for a net zero future. #EnergyTransitionNow #NetZero #Infosys #ONS2024 #Sustainability Infosys Infosys Consulting Andrew Duncan Neil Thomas Sundara S Sambasivam Ian Gaylard Deepak Malhotra

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In this article for Hindu Business Line, EXL's President and Head of Insurance Vikas Bhalla shares the four key areas where the Indian BPM industry is leveraging generative AI. From embedding #GenAI into operations to improve speed and efficiency to creating gen AI solutions to solve for specific industry problems, see where he thinks it's being utilized to the best of its ability. https://lnkd.in/dq_KnjWF

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