Paresh Ashara, Senior Data Management, Insights & Analytics Leader

About

25 years of IT Strategy, Data, and Digital Transformation experience working in the BFSI domain, leading the delivery of Apps, Data & Analytics products/custom-built solutions to achieve business efficiency and growth. A Certified Financial PlannerCM and an AMFI-registered MFD, I’m a multifaceted personality with a good mix of Business and Technology understanding. 20 years experience in BI & Analytics/Big Data/AI/MDM/DQ/Data Governance ADM services in a global delivery model for BFSI, Manufacturing, Telco, M&E, and Retail; Supported development and implementation of program strategy and plans in Customer MDM, Credit Risk Model, Basel II Compliance, Risk Management, ERP, Operations, Financial, and MIS Reporting. Exposure to Capital Markets/Asset Management/Mutual Funds with a good understanding of Front, Mid and Back office operations and support systems (worked with USA-based top Investment Bank and Brokerage businesses). 15 years experience in setting up operational systems, processes, and policies for business unit/practice; providing consulting services; managing P&L for the business unit. 15 years of leadership experience collaborating with global executive stakeholders and being able to adapt delivery style and language to suit the audience; experience in leading transformational change; ensuring compliance with all company policies as necessary and promoting awareness. Over 5 years of overseas (US/Canada, UK, and France) experience working directly with clients while executing projects and leading multi-cultural teams; 4 years worked in a Bank in the USA on a large BI transformational program for Basel II compliance. 7+ years of experience working with two Startups (RegTech, and FinTech). 3.5 years experience in managing product engineering in Compliance/ Regulatory and Risk Management functions. Experienced in setting up practice/CoE in Business Intelligence/Analytics/Artificial Intelligence/ML and Web Content Management areas and new business pursuits; involved in partnering with Startups for solutions and joint GTMs. Experienced in developing relationships with decision-makers in the client organisation and coordinating with internal Experienced (appropriate partners, account managers, etc.) for business. Experienced in meeting specific business relationship goals at assigned accounts, as well as reporting and measuring progress against quarterly goals with Strategic Business Unit leadership.

Experience

Online PSB Loans Ltd.

May 2021 – Feb 2023

Bangalore

President - Analytics

Managed Analytics & MIS Initiatives for the loans marketplace platform (AWS) to cater to internal and external stakeholders. Developed a one-of-a-kind Machine learning-based probability of default model using alternate data (GST, Income Tax, and Bank transactions) for the MSME segment in India called FIT Rank, jointly with a leading MNC Credit Information Company. Responsible for delivering product analytics/insights strategy and automation (Chatbot) initiatives implementation.

Tech Mahindra

Jan 2016 – May 2021

Bangalore

Delivery Head

Managed Competency Delivery Unit focused on global BFSI client portfolio in data management (MDM/DQ/DG/ETL/DM), big data & analytics, and artificial intelligence areas (AWS, Azure, Snowflake, Hadoop, Tableau, PowerBI, QlikView, Cognos TM1, MDM, Data Quality, Data Governance) with a team size of 325+ resources with revenue in excess of US$20MM, with P&L responsibility. Worked with clients across Australia, Canada, USA, UK, MEA, and SE Asia. I supervised a large Banking Client program delivery in Canada with a team of 50+ personnel. Managed Client project delivery with involvement in project kick-off, planning, scheduling, execution monitoring, reviewing and status checks with internal and external stakeholders. Responsible for competency development, career development, coaching, and mentoring of unit associates; be a role model for professional behaviour and promote a culture of teamwork, enthusiasm and proactive behaviour.

Fintellix Solutions Pvt Ltd

Oct 2012 – Jan 2016

Bangalore

Associate Vice-President - Product Engineering

The company’s primary business is Risk, Compliance and Analytics products development and implementation across the world. Managed the product engineering team for compliance reporting and Analytics. I managed the product delivery/customisation requests and feature development for RBI ADF releases for 15+ active clients (Banking industry) in India for 3.5 years. That included tracking changes for the regulatory framework and enhancing the product framework for compliance reporting. Managed development of Compliance and Regulatory Reports for new countries viz. UAE, Australia, and the USA. Managed development of Analytic packs comprising Financial Insights, Operational Insights, Business Insights, Risk Insights, and Strategic Insights and associated Data Management integration. Contributed to pre-sales and partner eco-system enablement activities. Lead competency development initiative at the org level and knowledge management.

Mindtree Ltd.

Apr 2010 – Oct 2012

Bangalore

Principal Consultant

Managed the delivery/pre-sales/solutions/talent management effort for the BFSI industry group for Data & Analytic Solutions (DAS) practice; worked on multiple opportunities with Banking, Capital Markets and Insurance clients for solutions and won a few of those large deals. Participated in business strategy planning for the practice to identify key service offerings and focus areas. Involved in consultative selling, pre-sales and solution delivery management in complex and fast-paced environments. Project Portfolio comprised of 30+ clients in the BFSI industry; responsible for CSAT, and escalation management. Actively owned recruitment for project/practice needs and provided mentoring/guidance to subordinates.

iGATE Global Solutions Ltd.

Mar 2008 – Mar 2010

Bangalore

Group Project Manager

Managed a Large Account BI/Analytics project portfolio worth US$4.5 million. Account Delivery Management, Compliance Governance, Capacity planning, People/Resource Management, Pre-sales and Client Relationship Management (CSAT, escalation management, and trusted partner) and customer support. Projects/Program delivery using Agile and traditional methodologies with a special focus on the team of architects/designers, project managers, software developers, and business analysts; solution delivery on ERP (FICO, MRP, PLM, MM, HR, PP). Worked on several large deals providing proposal responses with solution architecture, program plans and estimations for effort and resources for Banking, Manufacturing, and Retail clients/prospects.

Infosys

Aug 1999 – Feb 2008

Bhubaneswar

Senior Project Manager

Managed multiple projects under the client’s program umbrella with a global delivery model; worked on several projects across Banking and Capital Markets, Insurance, and Retail domain in US, UK and Europe regions. Select Projects Experience: Data quality management and migration for the Private Client Management division of a leading Investment Bank in New York City Policy Administration System development for a leading Insurer based in Toronto Enterprise warehouse enhancements (data management and reporting) for a leading Retailer based in Paris Equity MIS solution development and support for a leading Investment Bank in New York City Customer MDM, Basel II DWH/reporting solution for a leading Global Bank in Chicago Contributed actively to pre-sales activities on several occasions; helped set up technology capability for Web Content Management (WCM) practice; established technical training, process and sales collaterals for consumption.

Education

Jain University (Deemed-to-be-University)

Master of Business Administration, Finance

Indian Institute of Management Calcutta

Certificate, Senior Management Programme

Bangalore University

Bachelors of Engineering, Electronics & Communications

Paresh Ashara

Senior Data Management, Insights & Analytics Leader

Skills

Languages