Debashish Mahapatra

Debashish Mahapatra Email and Phone Number

Founder and Managing Director at iFinStrats Securities Pvt Ltd @ iFinStrats
Debashish Mahapatra's Location
Bengaluru, Karnataka, India, India
About Debashish Mahapatra

Hi 👋,I am Deba, a Financial Engineer since 2004, having a passion of learning financial engineering solutions to maximize returns and minimize risks. Over the years, I've been fortunate to be associated with leading wall street firms ("Goldman Sachs", and "JP Morgan & Chase") and closely work with the financial big-wigs to know the tricks of the trade🔍 Entrepreneurial Journey:When covid struck in 2020, I was pondering the best way to invest the corpus that I had ammased from a 20 year long corporate stint, for a stable income to retire. That's when I built some financial produts that helped me beat the available investment solutions in the market. Soon I realized that the same products can be extended to many others who have a similar need. This gave birth to iFinStrats, and I incorporated the firm in Mar 2022. Since then it has been a very exciting jounery in seeing the baby grow, day by day. 📈 A Financial Trader:I have been an equity investor for a long time, but dwelved into the complex world of options trading in early 2019. After attaining all the theoretical know how and certifications, I soon realized the practical implementation of those is a whole different ball game. I understood that Trading is more of a temparement game than intelligence, and managing human psychology is the key to its success. That's when I started the use of Algos for trading and there has been no looking back from thereon. Algorithmic trading strategies provide an engineereed solution backed by test results and removes the human element with strict stop loss and exit conditions. Now, I am a full time Algo Trader and am passionate about developing new and effective algo strategies that help maximize profits and minimize risks.🧑‍💻 Technical Skills :Experience in Cloud Architecture (AWS) and over 2 decades in application development in Financial Risk Technology systems🤝 Connect with Purpose:I'm here on LinkedIn to connect with like-minded professionals, fellow entrepreneurs, Traders and individuals passionate about the convergence of technology, business acumen and financial expertise. Let's share insights, explore synergies, and perhaps collaborate on exciting ventures!📬 Open to Conversations:Feel free to reach out if you share a passion for Algorithmic Trading, entrepreneurship, financial markets, or if you simply believe in the power of meaningful connections. I'm always open to engaging in conversations that inspire, educate, and propel us towards mutual success.Let's connect and embark on this journey of growth and discovery together!

Debashish Mahapatra's Current Company Details
iFinStrats

Ifinstrats

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Founder and Managing Director at iFinStrats Securities Pvt Ltd
Debashish Mahapatra Work Experience Details
  • Ifinstrats
    Founder And Managing Director
    Ifinstrats Mar 2022 - Present
    Bengaluru, Karnataka, India
    At iFinStrats we strive to deliver substantial returns on your existing or new investments in capital markets. We help educate investors on ways to hedge and invest systematically so that their long-term, as well as short-term goals, are achieved. We have outperformed Benchmark indices (like Nifty 50 and Sensex) by more than 30% in the past 9 months. We inculcate robust risk management to ensure your capital is protected. Please visit our website www.ifinstrats.com for more information on our financial products.
  • Jpmorgan Chase & Co.
    Vice President
    Jpmorgan Chase & Co. May 2016 - Mar 2022
    Bangalore
    In his current role, Deba manages multiple applications in JP Morgan’s Corporate and Finance Technology department in Bangalore. The role primarily focuses on: • Partnering with Controllers’ of various Lines of Business to enhance and manage the MIS applications (consists of 5 applications), which serves as the Authoritative Data Source for all detailed positions of the firm • Influence senior CFO’s of the firm to propose and deliver the next generation MIS platform based on latest technology industry offerings in Cloud and BigData • Bangalore manager for 5 applications with 2 VP’s and 5 Associates directly reporting to me
  • Goldman Sachs
    Vice President
    Goldman Sachs Mar 2004 - Apr 2016
    Bengaluru Area, India
    As Head of Financial and Management Reporting for Legal Entity Controllers’ functions (Bangalore), I was responsible for global delivery across several applications related to Trade postings, Subledger and General Ledger data aggregations, adjustments and reconciliations, Internal and External Reporting applications and automation of several manually filed reports.In addition to functional expertise in Financial accounting and Reporting, I have significant hands-on technical experience in application development across a wide range of technologies (like JAVA , C/C+, DB2 and Sybase) and toolsets including several vendor packaged products (like Informatica, Tableau and Ab-initio). I also established a QA automation team from scratch to develop tools for effectively handling QA processes and a Change Release Management team to develop tools for controlled change and release management of software to mitigate operational risks.I was also part of the Interview panel for lateral hires and campus hires from reputed institutes like IITs and NITs in India. I have been involved in multiple super days held for lateral hires in Bangalore, Pune and Hyderabad.Over the years in GS, I have built several successful vendor relationships and worked together on platforms and products enhancing and driving product development directions. I have also had the opportunity to work with several services based vendors for staff augmentation, managed services, and project delivery.
  • Infosys
    Software Engineer
    Infosys Apr 2002 - Apr 2004
    Bengaluru Area, India
    After taking my initial training (Technical and Business) from Infosys Chennai, I was put in the Banking Business Unit of Infosys in Bangalore. Here I have worked on the banking product of Infosys known as Finacle. This product is used by various banks in and out of India. I was associated with the development, implementation and maintenance of this product. I was a part of 4 member team that on-boarded Finacle to a national bank in Mumbai.

Debashish Mahapatra Education Details

  • Indira Gandhi Institute Of Technology
    Indira Gandhi Institute Of Technology
    A
  • St. Paul'S School, Rourkela
    St. Paul'S School, Rourkela
    Science

Frequently Asked Questions about Debashish Mahapatra

What company does Debashish Mahapatra work for?

Debashish Mahapatra works for Ifinstrats

What is Debashish Mahapatra's role at the current company?

Debashish Mahapatra's current role is Founder and Managing Director at iFinStrats Securities Pvt Ltd.

What schools did Debashish Mahapatra attend?

Debashish Mahapatra attended Indira Gandhi Institute Of Technology, St. Paul's School, Rourkela.

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