Srikanth Meenakshi

Co-Founder

Chennai, Tamil Nadu, India31 yrs 2 mos experience
Highly Stable

Key Highlights

  • Pioneered digital mutual fund platform in India
  • Established customer-centric culture at FundsIndia
  • Led automation of pricing processes at Fannie Mae
Stackforce AI infers this person is a Fintech expert with extensive experience in software development and project management.

Contact

Skills

Core Skills

FintechDigital Platform DevelopmentProject ManagementFinancial ServicesSoftware DevelopmentArchitecture

Other Skills

Agile MethodologiesApplication DevelopmentApplication IntegrationAutomationCapital MarketsEnterprise ArchitectureFinancial Instrument PricingIT StrategyIntegrationJavaJava Enterprise EditionOracleRe-engineeringRequirements AnalysisSDLC

About

Srikanth is a FinTech expert in India. He is the co-founder of PrimeInvestor.in, a firm that is dedicated to making financial research easily and widely accessible to all. Earlier, he was a co-founder and COO of Wealth India Financial Services, a company based out of Chennai, India. The company's online platform is www.fundsindia.com. Srikanth started his career with IBM global services, and moved on to a start-up online brokerage platform called Foliofn. This platform pioneered several innovative concepts in the personal financial industry such as basket trading, fractional ownership, and personal folios. After Foliofn, Srikanth worked in Fannie Mae, the largest firm in the secondary mortgage market in USA, where he worked in securitization and capital markets. Srikanth received his Masters degree in Computer Science at Oregon Graduate Institute in Portland, Oregon. Specialties: Financial Services

Experience

Primeinvestor

Co-founder

Oct 2019Present · 6 yrs 5 mos · Chennai Area, India

  • Making insightful research available to all

Fundsindia.com

Co-Founder and COO

Jan 2008Jun 2019 · 11 yrs 5 mos · Chennai Area, India · On-site

  • Successfully exited with stake sale to PE firm in 2023 ***
  • Co-founded the enterprise, and created a pioneering digital mutual fund platform in India.
  • Founded the enterprise along with a co-founder in 2008; Launched the digital platform in 2009
  • Acknowledged as a thought leader in the Fintech space in general and investment platforms in particular
  • Grew the company from scratch to a USD 100 million term-sheet enterprise valuation in 10 years
  • Established a customer-centric culture in the company with relentless passion and pursuit
  • Was the COO of the firm with 11 departments and 350 employees
  • Conceptualized, created, nurtured, and grew several teams in the organization
  • Was directly in-charge of all customer-facing functions in the company
  • Conceived and rolled out most of the innovative, first-of-its-kind features on the platform.
  • Was the face of the organization for the media – established wide media presence across print, TV, and social media
  • Established a reputation for high moral standards and integrity.
FintechDigital Platform Development

Fannie mae

2 roles

Senior Project Manager

Promoted

Apr 2003Jun 2008 · 5 yrs 2 mos

  • Managing multiple technical teams that are supporting the pricing needs of the accounting systems in Fannie Mae. The company has a $700 billion portfolio that needs to be mark-to-market accounted on a monthly basis. This portfolio forms a third of the balance sheet of the company’s quarterly financial statement. The market prices generated by my teams’ applications were a crucial input to the creation of these statements. The pricing processes interacted with about 10 upstream processes and more than a dozen downstream consumers.
  • At the time I joined the group, the pricing processes
  • Supported pricing for only one fifth of the financial instruments in the portfolio
  • Were completely manual and error-prone
  • Were not SOX-compliant, and
  • Took 10 days to complete
  • When I left the group, these processes
  • Supported pricing for all the financial instruments in the portfolio
  • Were fully automated
  • Were fully SOX-compliant with zero audit findings
  • Took 5 days to complete
  • Managed a team of 14 members. I owned the budget process, employee development, projects, operations, and the customer/interface relationship management. My team employed leading open-source technologies such as Spring and Hibernate on Weblogic/Solaris/Oracle 10g platform to deliver applications of high quality and reliability.
  • During my tenure as Project Manager, all the project deliveries were on time and under budget. I reduced the team size by 40% while steering the applications to a level of self-sustaining operational maturity.
SecuritizationCapital MarketsTeam ManagementProject ManagementFinancial Services

Senior Software Developer

Jan 2003Jan 2005 · 2 yrs

  • As a Team Lead, was responsible for the re-engineering effort at Fannie Mae known as the “Core project”. I led a team of developers in the securitization stream of the project, fully responsible for the ‘packet creation’ functionality – involving creation of various types of securities by recombining cash flows from underlying collateral in the form of loans or other packets. Our team supported multiple interfaces – GUI, JMS, and batch – to the sub-system for creation and management of these financial structures. We used technologies such as Weblogic application server (version 8), Oracle 9i, Clearcase, JMS, and Ant.
  • I was also was responsible for integrating the Fannie Mae security framework with our application, as well as developing the overall batch job framework for our stream.
SecuritizationApplication DevelopmentSoftware DevelopmentFinancial Services

Folio investing

System Architect

Oct 1999Apr 2003 · 3 yrs 6 mos · Virginia

  • FOLIOfn is an innovative online brokerage offering portfolio based financial services to retail and institutional customers (www.foliofn.com). I worked as the system architect leading the infrastructure team that worked on all aspects of the online and batch systems including internal and external web sites. We designed and developed security, transactions, and database connectivity frameworks. Technologies such as Enterprise Java beans, Servlets, JSPs, JMS etc. with a Sybase database server were used to implement this application. This application also involved the integration of the core system with several third-party sub-systems such as Portfolio management systems, real-time quotes providers and information validation services. I worked in all phases of the software development lifecycle – requirement gathering, object-oriented design, development, testing, deployment, production support, and documentation.
  • Among the various projects I worked on, the principal ones were:
  • Designed, developed and maintained integration of Foliofn's customer service infrastructure with a partner's customer service infrastructure providing specialized access to a subset of the data. This application requires security at multiple levels (application, network, and data), a high degree of customization, and significant refactoring of our core application.
  • Designed and developed an XML-based reporting solution for reporting customer statements, trade confirmations, financial activity report etc. This solution integrated several technologies including XML, XSL, Servlets, and EJB. This system has since been generalized to become a generic reporting infrastructure in which new report types can be easily defined.
  • Configured and deployed the application at a client site located in Asia with several regional customizations.
  • Established the basic security framework for user authentication, authorization, and access control lists etc. for this large internet application.
System ArchitectureWeb DevelopmentSoftware DevelopmentFinancial Services

Ibm

Various software development and architecture roles

Oct 1994Oct 1999 · 5 yrs · Maryland, USA

  • 1. As senior software consultant, worked on developing a clinical information system for the Health Data Network project at IBM.
  • 2. Moved on to developing web applications in the education domain (Petersons) with IBM Global Services
  • 3. After that, as an enterprise architect, worked on projects for various clients including Sallie Mae, Time Life, and Verizon.
Software DevelopmentWeb ApplicationsArchitecture

Education

Oregon Health & Science University

MS — Computer Science

Jan 1992Jan 1994

University of Hyderabad

MCA — Computer science

Jan 1989Jan 1992

Sri Sathya Sai Institute of Higher Learning

B.Sc — Mathematics

Jan 1986Jan 1989

Vanavani matriculation

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