Feb 19th,
2024 Bengaluru: SwiffyLabs, a leading
full stack financial technology platform, today announced the promotion of Babu
NS to Chief Product & Business Officer. This strategic appointment
strengthens the company's leadership as it continues to transform digital
banking and lending solutions globally.
Babu, a founding member of
SwiffyLabs, brings over three decades of expertise in core banking technology.
He is widely recognized as one of the architects of Finacle, Infosys' flagship
universal banking platform, where he spent 24+ years shaping its product
strategy and driving global banking transformations across India, USA, MENA,
and Singapore.
In his expanded role, Babu will
spearhead product innovation and go-to-market initiatives, focusing on
SwiffyLabs' end-to-end lending solutions that enable financial institutions to
launch and scale secured and unsecured innovative lending products including
Loan Against Securities (LAS), Embedded financing, Supply Chain Financing,
Green Energy Loans among other traditional loan products.
"Babu's deep understanding
of banking technology and his track record of building scalable platforms makes
him ideal for this role," said Ashish Anantharaman, Founder &
CEO of SwiffyLabs. "As a founding member, his leadership will be
crucial as we continue to empower financial institutions with our cloud-native
solutions and our AI platform to accelerate digital transformation
journey."
Prior to SwiffyLabs, Babu was
an early member at Navi Technologies, where he built a data-driven digital
lending platform. His expertise spans complex digital banking, core banking,
and lending transformation programs.
SwiffyLabs empowers global
financial institutions with scalable, secure and intelligent lending and
payment solutions. Apart from Loan Origination System (LOS) and Loan Management
System (LMS), the company has built Risk Management System (RMS), Collateral
Management System (CMS) and Business Rules Engine (BRE) allowing financial
institutions to deploy lending products with speed and flexibility. The company
was incubated under Jio Platforms in 2023.