Advisory Board member
Regtech participant
CladRysk
Lohar has received many laurels together with Digital Chief of the 12 months, high 50 CIO, high BFSI innovator, high 100 safety
influencer, & high 50 cost chief
— Prasanna Lohar
PUNE, MAHARASHTRA, INDIA, June 23, 2023/EINPresswire.com/ — Moringa Techsolv, a number one banking software program product and companies supplier & an award-winning regulatory technology (regtech) participant, introduced on Friday that the corporate has inducted banking and technology trade veteran Prasanna Lohar as an advisory board member.
His induction as an advisor will empower Moringa to scale up its operations in a number of areas regarding the regulatory technology phase. Particularly, his experience in Banking, Blockchain Digital Foreign money, regulatory compliance, cyber safety and fraud danger administration will enrich the core operations of Moringa. His wealthy expertise in rising applied sciences such as synthetic intelligence (AI), large information, RPA (robotic course of automation), and cloud coupled with DevOps, enterprise structure, and API banking will drive a brand new part of product growth and implementation at Moringa. Furthermore, Lohar will present strategic steering to Moringa workforce concerning buyer engagement owing to his lengthy brush with banking, fintech and authorities establishments.
Remarkably, Lohar is an establishment in himself with greater than 20 years of expertise within the banking and technology industries. He has been related as a frontrunner with your complete ecosystem ranging from banks, fintechs to technology giants, authorities establishments, trade associations, and academia.
Presently, he’s working as the Chief Govt Officer at Block Stack, which is a blockchain focussed platform, creating next-generation banking platform for the Net 3.0 world. He’s additionally the Founder on the India Blockchain Discussion board to speed up blockchain technology in India. Given his affinity in the direction of technological innovation, Lohar discharges his responsibility as the director on the Affiliation of Rising Applied sciences India, which promotes schooling on this area. He acts as an advisor to a number of banks as a board member on a number of features, together with digital transformation, cloud computing, safety & audit, Net 3.0, blockchain, and metaverse amongst others. Beforehand, he was the chief innovation officer, chief digital officer, and enterprise architect at non-public sector lender, DCB Financial institution. He had strong publicity to the technology sector by his earlier jobs at Mastek Ltd and Worldline.
Owing to his substantial contribution, numerous establishments endowed him with many laurels, such as high 50 CIO, high BFSI innovator, high 100 safety influencer, and high 50 cost chief.
Welcoming to the board as an advisor, Sanjeev Dahiwadkar, Founder & CEO of Moringa Techsolv mentioned, “It’s certainly a proud second for the Moringa workforce to welcome Prasanna Lohar as an advisory board member. A multi-faceted character and a frontrunner par excellence, he will likely be a invaluable addition to our firm in a number of features. Globally and particularly in India, regulatory technology is probably the most rising area within the banking sector. Working on the cross-section of finance and technology, Moringa has provide you with cutting-edge improvements since its inception that has been extensively adopted throughout BFSI gamers. Lohar’s induction additional strengthens our choices, and we are going to come nearer to enterprises in fixing their regulatory wants.”
On his affiliation with Moringa Techsolv, Prasanna Lohar mentioned, “I’m completely happy to be related to Moringa as the corporate has been on the forefront of fixing many important issues in regtech area. Positively, that is an space the place technology holds sway. I’m assured that Moringa will speed up innovation within the regulatory technology area within the coming time. Let’s empower banks and regulatory our bodies just like the Reserve Financial institution of India to navigate advanced regulatory environments with higher effectivity, accuracy, and agility.”
With rising compliance demand from banking sector regulators, the worldwide regtech trade is projected to the touch round $29 billion by 2029 from $6.5 billion in 2022 as per estimates. India can also be witnessing sound demand for regtech suppliers consistent with its financial development.
Moringa at the moment serves many marquee BFSI shoppers by its CladRysk product suite comprising numerous options, together with Know Your Buyer (KYC), Anti-Cash Laundering (AML), audit, and plenty of others. Adopting these options saves tens of millions in compliance prices for monetary establishments.
Rajendra Patil
Moringa Techsolv
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Rajneesh Singh is a journalist at Asian News, specializing in entertainment, culture, international affairs, and financial technology. With a keen eye for the latest trends and developments, he delivers fresh, insightful perspectives to his audience. Rajneesh’s passion for storytelling and thorough reporting has established him as a trusted voice in the industry.
