Jaya Vaidhyanathan is the CEO of BCT Digital, division of Bahwan CyberTek (BCT), a global technology company specializing in Digital Transformation, Predictive Analytics and IoT. She joined as an ‘intrapreneur’ and kick started their FinTech initiatives. This was to build global quality products for the Indian Banking system keeping in mind the unique challenges and culture of the banking system in India. During an interaction with TheTechPod - "There's a lot of movement towards data privacy worldwide," says Jaya Vaidhyanathan.
At BCT, Jaya started FinTech’s risk management product portfolio, today, known as rt360. What started as a product to track and reduce NPAs, the product portfolio now addresses all types of risks a bank faces, including Model Risk, Operational Risk, Technology Risk, and Liquidity Risk providing a much-needed fillip in the banking industry. It combines the latest in global technology including artificial intelligence, RPA, and blockchain. Through these efforts, a new mantra was created: “Reverse Innovation” meaning that products made in India would have a global reach, instead of the reverse that had been prevalent in global markets for the past decades.