As an accredited CTO and Advisor, Ravi Reddy Pala (Ravi) is a distinguished professional with over 20 years of experience, acting as a trusted technical and strategic advisor to executive stakeholders. Known as one of the brightest minds in the IT industry, Ravi has been instrumental in building world-class products and managing large-scale transformation projects during his tenure at TCS. His focus lies in transforming businesses into strategic partnerships and optimizing enterprise processes to drive revenue and profit gains. Ravi with the rich experience is playing the role of Head of Product at NexTurn a next-generation engineering services a force behind a new era of Digital Transformation.
Key Expertise and Experience
Global IT Managerial Experience: Extensive experience in the software industry, servicing both project and product-oriented platforms in the BFSI domain and technology.
Product Engineering and Financial Solutions: Led product development and provided financial solutions to capital markets and asset management clients, including wealth management, digital, and private banking clients.
Delivery Management: Managed delivery roles in legal, risk, and compliance. Owned application development and maintenance services for financial institutions in cards businesses and investment banking.
Enterprise Transformation: Led the transformation of TCS Financial Solutions Unit onto Agile, establishing an Agile consulting practice for customer engagements.
Key Achievements
Wealth Management and Fund Management: As Global Delivery Head in TCS Financial Solutions, managed key global accounts like Vanguard (USA), Lloyds Bank (Scottish Widows, UK), Old Mutual Wealth (Utmost International, UK), and Swiss Private Banking.
Fund Administration Solutions: Successfully implemented solutions for CTBC, Taiwan, and Bank Mandiri, Indonesia, in record time.
Revenue and Customer Base Growth: Achieved business targets of 100 Crores (INR) annually for the Global Wealth Management platform and maintained an active customer base globally.
Product Migration and Rebranding: Migrated the TCS Quartz Capital Markets legacy product to TCS BaNCS, managing securities processing product development and client migration.
Hybrid Cloud Deployment: Managed the installation of integrated product solutions on both on-premises and AWS hybrid cloud platforms for large investment management companies.
Digital Product Modernization: Upgraded the Wealth Digital Product platform, deploying web and mobile applications using a hybrid app framework.
Cloud Migration: Successfully migrated HNI/UHNI Wealth Management Clients to AWS Cloud platform, a first-of-its-kind proposal in the Business Unit.
Insurance and Investment Solutions: Migrated legacy clients to WRAP platforms and managed regulatory/compliance product enhancements.
Revenue Management: Managed revenue targets of 15-20 million USD annually with a team of 400+ product associates, in addition to product licenses and AMC fee revenues.
RFI/RFP and Pre-Sales Engagements: Actively participated in global proposals, market research, and surveys.
Specialties and Training
Agile and Business Transformation: Conducted Agile business transformation sessions globally, held roles as a Global Agile Coach, and introduced the “Split and Seed Approach” in scaled Agile programs. Instrumental in “Two Speed IT” Architecture handling both Digital Enterprise and Back Office/Legacy systems solutions and development.
Certifications and Training: Certified Scaled Agilist, Scrum Master, and Evangelist. Attended various training sessions in enterprise agile leadership, business transformation, and cloud hosting.
Client Engagements: Led client floor walkthrough sessions, showcasing digital capabilities and engaging in competitive analysis through participation in E&Y, Gartner, and Celent surveys.
Academic Background
Master’s with Honors in Manufacturing Technology: National Institute of Technology (NIT), Calicut.
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