Prashant Achanta

Co-Founder

Hyderabad, Telangana, India21 yrs 8 mos experience
Highly Stable

Key Highlights

  • Led AI-driven automation projects with significant impact.
  • Extensive experience in digital transformation across industries.
  • Proven track record in managing large teams and P&L.
Stackforce AI infers this person is a Fintech and SaaS expert with extensive leadership in digital transformation.

Contact

Skills

Other Skills

Business AnalysisConsultingCustomer Relationship Management (CRM)OutsourcingPre-salesProcess AutomationRPARequirements AnalysisSoftware Development Life Cycle (SDLC)Software Project ManagementStrategyVendor Management

About

Prashant holds the position of President and Co-founder at Algoleap, providing AI enabled product engineering services, data and automation solutions. Prashant’s key responsibilities include driving business growth and strengthening delivery capabilities. He will oversee all client engagement, solutions and delivery teams. Algoleap is one of India’s fastest growing firms in the digital engineering services space. Algoleap reinforces engineering centricity across its ~300 headcount strong organization by adopting a role based organization, prioritizing solutioning / techniques over tools and driving disruptive thinking (vs incremental). With offices in the US, Netherlands & India, AlgoLeap serves clients across North America, Europe & APAC regions. Prior to Algoleap, Prashant held senior leadership positions in Firstsource, L&T Infotech (now LTI Mindtree) & Cognizant.

Experience

Algoleap

President and Co-founder Algoleap technologies

May 2023Present · 2 yrs 10 mos · Hyderabad, Telangana, India · On-site

Firstsource

EVP & CTO

Aug 2020May 2023 · 2 yrs 9 mos · Hyderabad, Telangana, India

  • Enable FirstSource's Digital First Digital Now agenda with technology platforms, automation, collaboration labs & business-IT support and professional services

Lti - larsen & toubro infotech

Vice President , NA Vertical Delivery Head - Hi-Tech, Utilities & Services. L&T Infotech

Jan 2020Aug 2020 · 7 mos · Hyderabad, Telangana, India

  • P&L management and driving business growth
  • Delivery oversight and governance for all engagements
  • Industry go to market
  • Partnerships and innovation
  • Engineering best practices

Cognizant

10 roles

Associate Vice President and CoE Head, Global Technology Office

Apr 2018Dec 2019 · 1 yr 8 mos

  • Create digital transformation levers and impact with research & innovation. Technology research and experimentation projects span augmented software engineering, internet of robots, AI driven back office transformation, …Peak team size of 200 across technology research, engineering, business analysis and product management
  • Key focus areas include : Research charter and strategy development, Relationships and engagement governance with external/internal partners, Engineering leadership to industrialize research outputs
  • Impact projects
  • Accelerate UI design and development for digital engagements leveraging an AI backbone to drive 50%+ effort savings and 70% cycle time reduction (in progress)
  • End to End US mortgages intake processing and automation platform to capture data from 1 Mil+ pages daily spanning 80% of US mortgages with a 3000+ Ops user base

AVP & Head - Delivery, Automation Hub and GTO IP & Assets Hub

Promoted

Jan 2017Apr 2018 · 1 yr 3 mos

  • Led the delivery teams for Cognizant's Automation Hub in addition to engineering/platform development teams for the Cognizant Global technology office (GTO) IP/Asset Hub. Key focus areas
  • Capability build out in RPA/ITPA technologies. Enable Hub & Spoke roll out in Cognizant
  • Digital transformation via bespoke automation solutions
  • Automation CritSit engagements
  • Partnerships
  • Peak team size managed was ~300 focused on governance, vendor partnerships, business analysis and technology delivery & critical situation interventions.

Head – BFS Platforms and Automation delivery

Jan 2016Dec 2016 · 11 mos

  • Responsibilities
  • Develop go to market strategy & build out organizational capabilities
  • Client relationships and business development
  • Solution development, Advisory services
  • Partner engagement across vertical SaaS and RPA software companies
  • Establish and roll out a service delivery framework with business KPIs & quality metrics
  • Platforms/Product engineering
  • Enterprise automation / RPA

Senior Director

Jul 2013Dec 2015 · 2 yrs 5 mos

  • Delivery Director for a top 5 Cognizant client.Responsibilities span P&L management, IT & BPO transformation, technology service delivery and product development. Additional practice development responsibilities include industry partnerships, solutioning for & launching capital markets industry utilities (BPaaS). Team span of ~900 global headcount and revenues of $69 Mil.
  • Responsibilities :
  • Capital markets & Wealth management IT delivery
  • Account planning and strategy
  • Metrics based management & Outcome driven delivery
  • IT/Operations synergies
  • Capital markets Utilities ( BPaaS/SaaS)
  • Business process automation ( RPA driven )

Managing Partner, Banking & Financial services. Canada

Nov 2010Jul 2013 · 2 yrs 8 mos

  • Managing Client Partner heading Banking & Financial services in Canada, with revenue of $ 40 Mil and a global team of 500 . Clients spanned across investment banking, wealth management & retail banking.
  • Relationship management
  • Engagement governance
  • P&L management
  • Sales and business development
  • Delivery management

Program Director / Practice Lead

Promoted

May 2008Nov 2010 · 2 yrs 6 mos

  • BFS Complex Delivery Group Practice Lead for the Cards & Payments SBU
  • Delivery oversight for SI/complex program execution for the SBU
  • IT Governance/PMO competency development
  • Key projects executed include
  • Enterprise wide WAS migration leveraging a factory execution model for a large FI
  • Post acquisition integration for a leading payments software company
  • Application consolidation & technology migration project for a leading cards issuer

Program Director

Apr 2006Jun 2008 · 2 yrs 2 mos

  • Delivery management for a business critical enterprise transformation program at a Fortune 500 financial planning & asset management firm. Peak team size 300+
  • Managed services/Total outsourcing
  • Large scale development & Systems integration
  • Process re-engineering & BPO services
  • Ongoing BAU services
  • Technology consulting to drive down IT TCO
  • More than 10 concurrent large development projects, $20 Mn P&L
  • Start-up delivery & incubation of the BU’s Shanghai operations

Account Manager , Manufacturing & Logistics BU

Promoted

Mar 2004Apr 2006 · 2 yrs 1 mo

  • Managed assigned client relationships across the Mid West region with responsibility for relationship management, project delivery and P&L.
  • Grew the account portfolio from $2.4 Mn in 2004 to over $5 Mn in 2005.
  • Projects delivered ranged from ADM to legacy conversion & complex development.
  • Practice development incl new account pursuit & joint go to market strategies with alliance partners

Program manager Corporate initiatives

Promoted

Jun 2003Mar 2004 · 9 mos

  • Enterprise knowledge management initiatives
  • Senior Management induction process set-up and kickoff
  • Worked on the launch of the 'market services' function to drive effective positioning
  • Pre-sales for strategic client pursuits in the US Western region
  • BU operations support

Project Manager / Process consultant

Jun 2001Jun 2003 · 2 yrs

  • Managed key project releases for a TS2 card platform conversion program at a Top 5 US Card issuer
  • Process re-engineering and business analysis for Disputes & Credit protection

Hsbc

Management consultant / Intern

Apr 2000Jun 2000 · 2 mos · Greater Bengaluru Area

  • Alternate channel evaluation and partner selection for credit card sales
  • Estimate business potential for HSBC's India payment gateway solution offering

Education

Indian Institute of Management, Lucknow

Indian Institute of Management, Lucknow

MBA

Jan 1999Jan 2001

Dayalbagh Educational Institute

Bachelor of Engineering - BE — Electrical

May 1995May 1999

Dayalbagh Educational Institute

BE — Electrical Engineering

Jan 1995Jan 1999

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