Prakash Kovvali (CISA)

Co-Founder

India19 yrs 3 mos experience
Highly Stable

Key Highlights

  • 20+ years in IT and cybersecurity leadership.
  • Founder of IDHA SOLUTIONS providing vCISO services.
  • Led major technology transformations improving efficiency.
Stackforce AI infers this person is a Cybersecurity and Fintech expert with extensive leadership experience.

Contact

Skills

Core Skills

CybersecurityComplianceCorporate GovernanceRisk ManagementCyber GovernanceRegulatory ComplianceDigital TransformationProject ManagementAgile MethodologiesTechnology StrategyProduct DevelopmentBusiness StrategyBusiness DevelopmentNetwork Administration

Other Skills

System and Cybersecurity AuditsIT Infrastructure & Application Security ReviewsCompliance AssessmentsFinancial OversightvCISOCloud MigrationProject GovernanceSprint PlanningTeam LeadershipProduct & System ArchitectureCross-functional CollaborationBusiness RequirementsProject Lifecycle ManagementDatabase ManagementScalability and Performance Optimization

About

With 20+ years of hands-on experience across IT, cyber security, compliance, and digital transformation, I specialize in leading technology and governance for the Indian broking and financial services industry. ✅ Former CTO & CISO at Basan Equity Broking Ltd – led critical infrastructure and compliance for over a decade ✅ Founder of IDHA SOLUTIONS – enabling brokers with robust IT, vCISO/vCTO services, and regulatory readiness ✅ CISA Certified – with deep expertise in IS audit, governance, risk management, and business continuity ✅ Certified Independent Director – offering strategic insight at the board level My approach blends deep tech know-how with regulatory foresight, helping firms become future-ready while staying compliant. Passionate about building secure, scalable, and compliant digital ecosystems.

Experience

Self-employed independent consultant

2 roles

Empanelled System Auditor – NSE,BSE & MCX

Promoted

Sep 2025Present · 6 mos · India

  • Empanelled as a System Auditor with both National Stock Exchange (NSE , BSE & MCX):
  • System and Cybersecurity Audits for Trading Members & Algo Providers
  • IT Infrastructure & Application Security Reviews
  • Compliance Assessments as per SEBI & Exchange Guidelines
  • Focused on strengthening cyber resilience and regulatory compliance across capital markets.
System and Cybersecurity AuditsIT Infrastructure & Application Security ReviewsCompliance AssessmentsCybersecurityCompliance

Independent Director

Feb 2025Present · 1 yr 1 mo · India

  • Board-ready professional with formal training and certification as an Independent Director, and globally recognized credentials as a CISA (Certified Information Systems Auditor).
  • Brings a strong foundation in corporate governance, financial oversight, risk management, and cybersecurity, with practical experience implementing compliance frameworks across regulated industries.
  • Actively engaging in board education programs and seeking opportunities in Finance, Technology, and Governance-focused organizations, with a focus on enhancing board-level oversight of information systems, cyber risk, and IT strategy.
Corporate GovernanceFinancial OversightRisk Management

Idha solutions

Founder & Managing Director | vCISO & Cyber Risk Advisor

Sep 2024Present · 1 yr 6 mos · Remote · Hybrid

  • Key Responsibilities & Impact:
  • Act as vCISO / Cyber Risk Advisor for brokers and regulated firms, reporting to CXOs and Boards
  • Design and oversee SEBI, Exchange, RBI, ISO 27001-aligned cybersecurity governance frameworks
  • Lead Cyber Resilience, Incident Readiness, and Regulatory Compliance programs
  • Advise Boards and Senior Management on technology risk, cyber posture, and regulatory expectations
  • Support Exchange & CERT-In empanelment readiness and independent assurance programs
  • Provide strategic oversight for VAPT, SOC, and security operations (without execution conflict)
  • Focus Areas:
  • Cyber Governance | vCISO | Board Advisory | SEBI & Exchange Compliance | Cyber Resilience | Regulatory Assurance
Cyber GovernancevCISORegulatory Compliance

Bullsmart

Fractional CTO

Jul 2023Aug 2024 · 1 yr 1 mo · Bengaluru, Karnataka, India · Remote

  • As the Virtual CTO for Bullsmart, I have led the development and implementation of key technology strategies and solutions, focusing on innovation and scalability to support the company’s growth. My responsibilities include:
  • Technology Strategy & Leadership: Defining and executing a forward-thinking tech strategy aligned with Bullsmart’s business goals, driving competitive advantage through digital transformation.
  • Product & System Architecture: Overseeing architecture design, ensuring robust, scalable, and secure systems that enhance user experience and operational efficiency.
  • Cross-functional Collaboration: Partnering with product, marketing, and operations teams to align technical initiatives with business objectives, enhancing productivity and streamlined workflows.
  • Vendor & Stakeholder Management: Managing relationships with technology vendors, negotiating terms, and maintaining service levels to support smooth operations.
  • Mentorship & Team Development: Supporting the growth and development of Bullsmart’s tech team, fostering a culture of innovation, agility, and continuous learning.
  • Through this role, I have successfully supported Bullsmart’s mission to deliver valuable, user-friendly financial solutions while ensuring technology remains a strong pillar of the company’s overall strategy.
Technology StrategyProduct & System ArchitectureCross-functional CollaborationProduct Development

Tradelab technologies

Technical Consultant

Dec 2021Jun 2023 · 1 yr 6 mos · Bengaluru, Karnataka, India · Hybrid

Business StrategyBusiness Requirements

Basan equity broking limited

2 roles

Chief Technology Officer & CISO

Promoted

Jan 2020Jan 2025 · 5 yrs

  • Leading Digital Transformation & Operational Excellence
  • Led end-to-end technology transformations, delivering 8 major projects and achieving a 30% improvement in efficiency across the company.
  • Drove cloud migration initiatives, reducing infrastructure costs by 25% and enhancing scalability to support business growth.
  • Built high-performing agile teams, increasing productivity by 15% and ensuring on-time delivery of all projects.
  • Introduced advanced project governance frameworks, reducing project bottlenecks by 40% and improving overall project velocity.
  • Strengthened the company's technology stack by adopting innovative solutions that improved customer satisfaction and reduced downtime.
Digital TransformationCloud MigrationProject GovernanceProject Management

Project Manager & CTO

Jul 2014Dec 2019 · 5 yrs 5 mos

  • Confirm that the highest priority stories have been fully groomed and are ready for Sprint Planning.
  • Capture team member capacity for the upcoming Sprint.
  • Prepare tools and resources for Sprint Planning.
  • Confirm workshops, sessions and ceremonies for the upcoming Sprint are scheduled.
  • Facilitate the Sprint Planning session.
  • Load the physical task board for the team.
  • Complete and share the team’s Sprint Commitment report.
  • Capture end-of-day metrics and prepare Burn-Down and Burn-Up Charts for Daily Standup.
  • Capture and track impediments, risks and dependencies until resolution.
  • Prepare draft of Sprint Report for use during the Sprint Review.
  • Facilitate Sprint Review session and ensure team is prepared for the Demo.
  • Facilitate the Sprint Demo and Finalize the Sprint Report based on the Demo and Product Owner acceptance.
  • Facilitate Daily Standup.
  • Distribute the Sprint Report.
  • Facilitate the team’s Retrospective.
  • Update team’s improvement backlog with commitments from the Retrospective.
  • Update the current release’s Release Plan based on completed stories and changes from the Sprint.
  • Review backlog depth with the Product Owner in preparation for future release planning activities.
  • Schedule and facilitate Release Planning sessions for future releases.
  • Responsible for facilitating the Scrum process and ensuring the team is delivering value.
  • Helps builds self-organizing teams
  • Removes impediments, escalates when needed
  • Helps team inspect and adapt process
  • Empowers the team through Servant Leadership
  • Helps create visible information radiators
  • Protects the team from disturbances
  • Allocate the right members to the team.
  • Improve processes and remove impediments.
  • Ensure that the team is fully functional and productive
  • Enable close cooperation across all roles and functions
  • Remove barriers and impediments that are preventing the team from completing work
Sprint PlanningAgile MethodologiesTeam LeadershipProject Management

Rishi it solutions

Founder

Jun 2012Jul 2014 · 2 yrs 1 mo · Hyderabad Area, India

  • Established and led Rishi IT Solutions, driving business strategy, technology solutions, and operational excellence.
  • Spearheaded business development, identifying market opportunities, securing partnerships, and negotiating contracts.
  • Managed end-to-end project lifecycle, including requirements gathering, SDLC processes, and stakeholder communication.
  • Oversaw software development and testing, ensuring smooth coordination between clients, developers, and testers.
  • Led risk management and issue resolution, conducting regular review meetings to track progress and mitigate challenges.
  • Defined and executed growth strategies, expanding the company’s service portfolio and increasing market presence.
  • Ensured high-quality documentation, reporting, and compliance, strengthening internal and external stakeholder relationships.
  • Drove client acquisition and retention, enhancing organizational reputation through customer-centric solutions.
Business DevelopmentProject Lifecycle Management

Basan equity broking ltd

Network Administrator

Sep 2006May 2012 · 5 yrs 8 mos · Himayath nagar

  • Installing & Maintaining Microsoft Windows Network Operating Systems (Windows 2008/2003, 2000 servers, Windows XP, Windows Vista) with required Service packs and updating security patches to Operating Systems
  • Designed, Implemented and Managing Windows 2003 Active Directory & Standard Networks for Regional Data Centre including Intranet and Internet, RAS/VPN, FTP Services, Enterprise Antivirus Solution (Symantec End Point), Firewalls (Sonic) for Networks.
  • Configured RAID System in Datacenter for Servers like Dell Power Edge T410 Servers, HP Proliant DL360 (G5), DL320 (G4) Rack Servers and IML310 (G5) Tower servers, IBM E-series servers.
  • Managing Local and Remote Servers through HP (ILO), IBM (RSA) and DELL (DRAC) and Monitoring Hardware Devices of Servers through HP (HPSIM), IBM (IBM DIRECTOR) and DELL (DELL OMS)
  • Have experience in SQL 2000 and 2005. Installing, patching, upgrading and handling very large databases Recommends and advises on action necessary to correct potential and existing problems to insure maximum system performance and data integrity.
  • Providing consulting support for Infrastructure applications and customer application support as needed.
  • Managing and Maintaining Trading Application Server ODIN provided by FTIL with linked support of Exchanges Application Servers like NSE, BSE, MCX, MCX-SX, NCDEX and CDSL Servers
  • Ensures that this software is implemented efficiently with minimal impact on performance or availability of the production and test environments
  • SQL Server Data Administration is the core skill as well as Knowledge of the other database languages Oracle
  • Large Systems experience (multi-data base environment, large number of DBs to maintain)
  • Database is maintaining on Microsoft SQL Servers (SQL Server 2005/2000) with required Service packs and Daily Maintenance of Databases through Backup, Restore and Shrink process
Network AdministrationDatabase Management

Education

JNTUH College of Engineering Hyderabad

CSE — Computer Science

Jan 2002Jan 2006

Aadarsh Junior College

Intermediate with MPC

Jan 2000Jan 2002

Good Shepherd High School

Secondary School Of Certification

Jan 1999Jan 2000

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