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• Corporate Innovator in Financial Services driving digitization with a strong focus on user experience and partnering with tech community• Manage Global Online/Mobile Banking program, awarded Best Global Internet Bank by Global Finance for 5 consecutive years (2011-2015)• Directly managed department of over 500 people and budget of over $20M• Responsible for IT optimization, consolidating several single country solutions into lower-cost, strategic platforms• Transitioned for proprietary technologies to industry standard solutions, leveraging more vendor capabilities and ensuring industry leading capabilities• Deployed IT Operational Excellence initiative to ensure proper monitoring of production systems and made fundamental architectural changes to ensure 99.99% uptime• Successfully migrated Global Internet Banking program from USA to Singapore to reduce program costs from $15 MM to $5 MM USD• Standardized development processes and introduce additional test cycles to improve quality and reduce field defect by 10% year on year, without impacting schedule or costs• Successfully established mature offshore development model and transitioned to Managed Services and Fully Outsourcing models to increase productivity and cost effectiveness• Created offshore Center-of-Excellence to ensure trained, talent pool is always available• Created governance body consisting of eBusiness heads from each region• Ensure program alignment across multiple self-service, customer facing channels, including ATM, Internet, and Phone Voice Response Systems• Established global product management team to ensure strong product focus with flexibility for regionalization and country customizations• Developed strong Content Management capabilities to allow individual business and country to manage most cosmetics, promotions, and verbiage on websites. Dramatically reducing number of technology releases required per business.Specialties: • Over 15 years of experience in Financial Systems• Goal-oriented and solutions focused• Highly motivated, enthusiastic, hands-on leadership capabilities• Very adaptable to organizational and strategical changes• Broad experience and proven track record in delivering Global solutions• Results and metrics driven, disciplined cost and productivity focus• People-orientated, ensure adequate development and succession planning
Dligence
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Non Executive DirectorDligence May 2024 - PresentSingapore, SgNon-Executive Director and board member of Dligence, an innovative FinTech startup dedicated to transforming the Know Your Customer (KYC) and Anti-Money Laundering (AML) processes by providing cutting-edge, compliant, and efficient solution to streamline regulatory compliance. Provide an independent perspective, strategic guidance, and oversight; along with supporting fundraising and other start-up incubation efforts. -
Co-Founder And CtoTwocents.Ai May 2024 - PresentSingapore, SgCo-founder and Chief Technology Officer of TwoCents.ai, using AI to revolutionize Financial Advice. -
AdvisorDsgpay Apr 2024 - PresentSingapore, Singapore, SgAdvisor at a fast-growing FinTech disrupting payments with an innovative multi-channel, multi-currency real-time collections and remittances capability. Supporting DSGPay mobile and core product growth ambitions with new clients, partnerships and opportunities. -
Head Of Solutions DeliveryNatwest Group Aug 2015 - Mar 2024Edinburgh, Scotland, GbJoined NatWest Group, formerly known as Royal Bank of Scotland (RBS) as Head of Solutions to establish and strengthen the innovation delivery, research and development capabilities of the bank aligned with bank’s strategy.Strong collaborator internally and member of bankwide Design Authority, Innovation Working Groups, and multiple COEs. Active externally, presenting in major industry events and participating in networking events.Generated support for early-stage R&D investments, establishment of an Innovation Fund, and formation of an executive Innovation Forum. Developed a streamlined Innovation Framework for faster paced proof-of-concepts, prototypes and pilots changing Ways of Working and driving cultural change.Established Bluebank, a bank-wide resource to safely collaborate, experiment, and explore both in the cloud and physically in our premises. Created an air-gapped multi-cloud sandbox environment for testing new, emerging technologies and demonstrating capabilities in collaboration with franchises and functions. Complimented our physical innovation spaces with state-of-the-art technology.Below are highlights of the key initiatives that I delivered in the bank:• Fostered minority investments into multiple startup companies, including 1Qbit, Motive Partners, R3, and Vizolution• Established multiple joint-ventures, including Carbonplace (9 banks), NIFT (Prehype), Pollinate (3 banks), and Rocketspace (startup accelerator).• Partnered with startups on several initiatives, including Behavioural Biometrics (BioCatch), DevSecOps (LetsBloom), eSME Loans (EZBob), Ethics (Truera), HQLA (Finteum), Pricing (Earnix), SCS (TechPassport), Video banking (TokBox & Zoom), Wealth (EvolutionAI)• Engaged big tech on multiple solutions, AI-based chatbots and Digital Bond Issuance (IBM), Agent Based Modelling and Generative AI (Microsoft), Call Centre (AWS), AI Assist (Google), Workplace (Meta) -
Global Head Of Channels Technology, Group Technology And OperationsStandard Chartered Bank Sep 2008 - Aug 2015London, England, GbJoined the bank in Singapore during the Global Financial Crisis. Responsible for Global Channels Delivery across 60 markets, including management of ATM, Call Centre, Internet, and Mobile banking for consumer and corporate customers. Manageddepartmentofover500staffglobally,locatedin Bangalore, Chennai, Dubai, Kuala Lumpur, London, New York, Singapore, and Tianjin.Moved onto Chief Architect role and established SC Studios (predecessor to SC Ventures) in San Francisco as an innovation outpost linking the bank into the Silicon Valley ecosystem, including big tech, startups, and venture capitalists. Highlights from tenure includes:• Designed and developed award winning online and mobile banking solution in multiple markets, integrating with several regional partners for local market connectivity and exploration with Innovative startups.• Launched successful online trading platforms in Hong Kong and Singapore, partnering with GL Trade, French company which was acquired by SunGard.• Delivered solution to be first foreign bank to integrate with m-Pesa in Kenya to allow movement of funds from m-Pesa wallet to and from bank accounts.• Launch integration with Aadhaar biometrics national identity solution in India providing government backed KYC for no-frills account opening.• Participated in Reliance Jio initiative to launch payments services with low cost devices to anyone in India, now grown to over 400m users.• Developed an industry first mobile banking app for corporate banking clients Straight2Bank, facilitated cash management, payments authorizations, trade finance and custody reporting.• Created strategic partnerships with largest ERP providers, including JD Edwards, Oracle Financials, Peoplesoft, and SAP to have direct integration with bank’s digital platform, reducing need for Corporate clients to perform manual entries and improving data quality.• Formed partnership with Singapore Management University (SMU) to create an innovation lab with students. -
Director Of TechnologyCitigroup Jun 1998 - Sep 2008New York, New York, UsJoined a Santa Monica based start-up (Transaction Technology, Inc) fully owned venture of Citigroup. Campus consisted of agile labs, customer testing facilities, demo and exhibit areas, and full hardware manufacturing. I was responsible for designing and developing digital solutions for Citigroup partnering with the external ecosystem. Eventually venture was shutdown and I relocated to Singapore to continue with similar responsibilities. I have listed some of the key initiatives below:• Participated in launched dial-up banking for consumers with Citibank direct banking software on CD with promo music from Sir Elton John• Supported due diligence and opportunity assessment of Banamex acquisition in Mexico City, Mexico and Egg Bank in Derby, UK. Both acquisitions proceeded to completion with continued engagement to drive opportunities.• Designed and developed Citibank Online portal in US and UK partnering with 3rd party San Francisco Silicon Valley start-ups (Epicentric and Yodlee) pulling together personalized content customers, including account aggregation.• Led innovative redesign of ATM architecture to use full screen web browser resulting in ease of leveraging Internet banking features in ATM and facilitating divesture of ATM group to NCR with multi-vendor software support (Diebold, Fujitsu, NCR, and Siemens/Wincor)• Developed patented java-based online banking solution which has been deployed in over 100 markets, providing a single global platform, with regional and country specific customizations to meet local regulations.• Designed an innovative solution for US Government Services Administration creating a smart card solution for digital identification, biometrics based secure access, secure messaging and browsing, digital wallet, and eTicketing and eBoarding with commercial airlines using multiple certified partners.• Developed biometrics based desktop login solutions for front-line staff in branches and call-centers to meet US regulatory requirements. -
AssociateGoldman Sachs & Co May 1996 - Jun 1998New York, New York, UsSupported Investment Banking team with highly customizable data analytics from numerous internal and external sources. Establish system to support ad-hoc reporting needs for Mergers and Acquisition team, pulling in data from multiple public and private sources such as Dow Jones, Duns & Bradstreet, Morning Star, Reuters and various trusted Internet sources. -
System EngineerElectronic Data Systems Jun 1992 - Aug 1996Houston, Texas, UsDeveloped and maintained several financial systems for General Motors (GM) based in the Warren Tech Center until GM acquired Electronic Data Systems (EDS) and all systems engineers transferred over to EDS. Key projects include:• Piloted ATM installation in GM automotive plants to provide increased accountability for petty cash, pivoted to deployment of procurement cards for improved controls and visibility into spending by GM staff• Digitization of supplier invoice processing leveraging fax and high-speed scanning of documents onto WORM devices, equipping finance staff with large 21” screens and Windows 3.1 interface
Naresh Vyas Skills
Naresh Vyas Education Details
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University Of MichiganComputer Science And Engineering -
University Of Edinburgh Business SchoolClimate Transformation -
University Of MichiganComputer Engineering -
Singularity UniversityExecutive Program -
Saïd Business School, University Of OxfordLeading Across Boundaries
Frequently Asked Questions about Naresh Vyas
What company does Naresh Vyas work for?
Naresh Vyas works for Dligence
What is Naresh Vyas's role at the current company?
Naresh Vyas's current role is Founder | CTO | Advisor | Board Member | Financial Services | Venture Building | FCAT Fellow.
What is Naresh Vyas's email address?
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What is Naresh Vyas's direct phone number?
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What schools did Naresh Vyas attend?
Naresh Vyas attended University Of Michigan, University Of Edinburgh Business School, University Of Michigan, Singularity University, Saïd Business School, University Of Oxford.
What skills is Naresh Vyas known for?
Naresh Vyas has skills like Vendor Management, Program Management, Strategy, Management, Business Analysis, Outsourcing, Sdlc, Project Management, Banking, It Strategy, Testing, Leadership.
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