Bahwan CyberTek Bags Two awards at the Disruptive Tech and Innovation Summit 2016
CHENNAI, INDIA, 18th January, 2017: Bahwan CyberTek (BCT), a leading provider of innovative software products and services, has bagged two awards at the Disruptive Tech and Innovation Summit 2016, under the categories – ‘Best Fin Tech Solution of the Year’ and ‘Tech Woman of the Year’.
Asymmetrix – EWS, a cutting-edge product from BCT was awarded the ‘Best Fin Tech Solution of the Year’. A first-of-its-kind, EWS monitors Corporate and Retail portfolios of Banks to provide improved asset quality, reduced provisions and better profitability. This award recognizes BCT’s outstanding innovation and contribution to the advancement of technology within the sector. Jaya Vaidhyanathan, President and Prasanna KV, Vice-President – Risk Management, Bahwan CyberTek were present at the event to receive the Award.
On receiving the accolade, Prasanna KV, Vice-President – Risk Management, Bahwan CyberTek said, “We are honoured to receive this Award in recognition of our ground-breaking innovation culture at BCT. As an industry-first, Asymmetrix – EWS will help Indian banks with intelligent and predictive Non-Performing Asset (NPA) Management and Credit Monitoring, thereby giving them the power to forecast their growth and performance”.
Jaya Vaidhyanathan, President of Bahwan CyberTek received the ‘Tech Woman of the Year’ Award. Jaya was chosen for this coveted award from several highly successful business women in India. Ms. Jaya has been conferred this recognition for her strong business acumen and her illustrious track record in the area of product ideation and creation in the disruptive technological area across Digital, Predictive analytics, BFSI and Risk management. She has been instrumental in creating innovative products and services spanning investment banking, management consulting and technology in companies such as CIBC World Markets, Accenture and Standard Chartered Bank.
Vaidhyanathan further said, “We are coming of age in the introduction of disruptive technology products made in India for the Globe. It is indeed a privilege to win an award in this category”.