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OnDemand Agility brings mature processes, tools and decades of tier-1 technology and data solutions: Ashudeep Chadha

OnDemand Agility Solutions or ODA offers solutions to mitigate digital credit and market risks for our clients through path breaking services.

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Aanchal Ghatak
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Agility

OnDemand Agility Solutions or ODA offers a range of IT and business solutions ranging across domains of banking and financial services, insurance, utilities, healthcare, hobby and sports. The primary goal is to facilitate success of their clients by ensuring the delivery of highly advanced solutions that reduce project risks, enhance capabilities, and create value.

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Ashudeep Chadha, CEO, On Demand Agility (ODA), tells us more. Excerpts from an interview:

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DQ: How has the journey been in the technology and data analytics business? What has been your role to increase and sustain business profitability?

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Ashudeep ChadhaMe & my team have established three multi-million-dollar Global technology companies since 2000. As a CEO at On Demand Agility (ODA), I have direct responsibilities for all critical deliveries and relationship management with each client.

ODA’s team has helped tier 1 BFSI clients in building automation, data analytics and visualizations, and legacy process improvements; which directly resulted in huge cost savings and error reductions. By the virtue of 2 decades of experience, agility and learning, we have managed to assist clients with seamless on-boarding, orientations and successful deliveries with required infrastructure and compliance support even during the Covid-19 times.

We have Focused on creating India’s first niche data technology company. We believe in being synonymous with quality, resource optimization, adoption of new generation technologies and thought-provoking Skills. We have a 24×7 support model aligned with global client needs, Revenue line structured across time and material deliveries, fixed cost and outcome-based deliveries, success based and risk sharing deliveries.

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DQ: What is the relevance that ODA brings to India from its experience across the globe?

Ashudeep Chadha: After successfully delivering hundreds of next generation technology solutions to leading American, European, and APAC banking and financial institutions, ODA brings to the table for the Indian clientele mature processes, Custom Tools and thousands of cumulative years of tier-1 technology and business solutions. With delivery experience in multi-jurisdiction, time zones, and complex environments as compared to what organizations have in India.

Our team of subject matter experts with domain knowledge of financial industry and technological advancements such as cloud enablement, QA, data analytics, data science and AI & ML ensures that solutions delivered to clients are comprehensive in all aspects.

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ODA takes great pride in its impeccable record of 100% satisfied deliveries for all our past projects. ODA Believes in IP3 – Intellectual Property + Informed People + Internal Processes that remains our Mantra for success across.

DQ: How has the use of Cloud & Data Enablement been during the Covid-19 Crisis.

 Ashudeep Chadha:  Of late more and more  organisations have started looking at cloud and data enablement solutions. As remote working becomes the norm because of the COVID-19 outbreak, extra consideration is required around ways in which data is accessed and data security profiles. ODA has successfully executed and has deep expertise in building ground up or migrating existing legacy technology environments of an organization to private or hybrid cloud as per the current and future requirements of the industry.

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Data availability and data security is of prime interest to our clients, mostly the top American, Japanese, Swiss, and European banks institutions and ODA understands and ensures this with paramount responsibility as any future ready organization needs an informed decision around its Cloud architecture. Cloud solutions being Infrastructure-as-a-Service (IaaS) have multiple providers and have hundreds of variable components to choose from.

Based upon client needs and requirements, we recommend highly efficient and economical solutions and components from a variety of options available in the market. This helps clients to take informed business decisions.

DQ: What are the reforms needed in India’s banking sector?

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Ashudeep Chadha: The Indian banking sector lags behind in complexity of its products and proper customer risk management. Just recently, did RBI make it mandatory for all the financial institutions to appoint a Chief Risk Officer. Today,using Big Data analytics, Banks can identify growth areas, bottlenecks and potential customers within their current customer base, which can be used for cross-selling.

From making internal teams agile , to solving customer problems before they become a PR nightmare; from Risk Mitigation to Risk Aversion, Analytics has a wide range of solutions for Indian BFSI sector, we just need a more collaborative and conductive environment to reach our industries full potential.

DQ: What is ODA’s expertise and understanding of the latest banking technologies?

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Ashudeep Chadha: Our expertise across financial services including risk management, investment banking, capital markets, experience in delivering front, middle and back office solutions for the sell-side, buy-side and financial services (Asset/Wealth Managers, Banks, Clearers / Wirehouses, Fintech, Data Providers, etc.,) and insurance, retail, utilities, healthcare and energy gives us a leadership team comprising of multiple decades into direct market.

ODA’s expertise in the risk management domain is the perfect fit for Indian banks looking to work with  growing customer segments. A unique mix of data technology expertise and risk domain solutions is an industry niche we have come to dominate.

ODA SMEs are experienced at providing data solutions to many of the leading banks in the world. We bring in deep knowledge and solutions to mitigate digital, credit and market risks for our clients through the usage of path breaking technologies.

The constant evolution of FinTechs & crypto currencies across the world has moved the bigger banks. In this case, it becomes very essential for Indian Banks to work rigorously to compete for the next phase of growth through use of available technologies.

Not to forget, these solutions are bespoke and can be implemented in any industry that wants to use its data to increase revenue generation; speed up time to market and increase customer satisfaction.  All this is possible with the advent of new technology and power of using cloud to generate & access data anywhere and data analytics to understand this data.

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