Nikesh Panchamiya — VP of Engineering

Total 18+ years of experiences in Broking Industries across various vertical- product development /sales/risk/operation A management leader specialized in driving vision and roadmap for business to deliver quality products and services. Exposure of working in Financial Services Domain viz.: Equity Cash, Derivatives, Currency, Commodity, Insurance, Mutual Fund and Broking industry. Exposure of managing projects of Frontend, Middleware and Backoffice. Complete understanding of Trade Processing flow from client onboarding to order placing and clearing and settlements. Product and Process development for B2C. Managed Trading & Non-Trading applications like ODIN, Omnesys, Trading Mobile, Web, Desktop EXE, Advisory Dashboard, Risk Middleware, STR Reporting System ect Responsible for creating a road-map and vision for the product; create and manage the product backlog; prioritize the requirements to deliver the highest business value. Collaborate closely with multiple stakeholders. Responsible for providing truly digital experience to clients through various online products and channel. Ability to think out of the box to set up new ideas, and new products and implement the best processes to get quality and faster results. Ability to predict future trends. Specialized in design thinking to design seamless journeys for end-users. Believe in Teamwork, Collaboration, Innovation, Client Focus, Integrity and Implementation. End to end understanding of NBFC operations, business development & risk. Built digital lending ecosystem including LOS and LMS.

Stackforce AI infers this person is a Fintech Product Leader with extensive experience in risk management and digital product development.

Location: Mumbai, Maharashtra, India

Experience: 20 yrs 9 mos

Skills

Product Management
Digital Product Development
Risk Management
Product Development
Business Development
Team Management
Branch Management
Client Services

Career Highlights

Over 18 years in Broking and Financial Services.
Expert in Product Management and Development.
Proven track record in Risk Management and Compliance.

Work Experience

blinkX

Vice President - Digital Product Development (3 yrs 2 mos)

Assistant Vice President - Digital Product Development (1 yr 2 mos)

Reliance Money

AVP Risk Management (10 yrs 5 mos)

Prabhudas Lilladher Private Limited

Sr.Manager Business Development (1 yr)

Emkay Global Financial Services Ltd

Branch Manager (1 yr 6 mos)

HSBC

Branch Head (1 yr 6 mos)

Angel Broking

Branch Head (2 yrs)

Education

Master of Business Administration - MBA at The ICFAI University, Tripura

Bachelor of Commerce - BCom at Mumbai University Mumbai

ssc at Our Lady Of Remedy High School mumbai

Nikesh Panchamiya

VP of Engineering

Mumbai, Maharashtra, India20 yrs 9 mos experience

Most Likely To SwitchHighly Stable

Key Highlights

Over 18 years in Broking and Financial Services.
Expert in Product Management and Development.
Proven track record in Risk Management and Compliance.

Stackforce AI infers this person is a Fintech Product Leader with extensive experience in risk management and digital product development.

Contact

Skills

Core Skills

Product ManagementDigital Product DevelopmentRisk ManagementProduct DevelopmentBusiness DevelopmentTeam ManagementBranch ManagementClient Services

Other Skills

Project ManagementStakeholder CollaborationTrading PlatformsRegulatory ComplianceUser EngagementApp DevelopmentUser Experience DesignCompliance ManagementWeb DevelopmentIntegration ManagementProduct ImplementationOperational EfficiencyInnovation ManagementProduct DesignBackend Integration

About

Experience

20 yrs 9 mos

Total Experience

3 yrs 5 mos

Average Tenure

4 yrs 4 mos

Current Experience

Blinkx

2 roles

Vice President - Digital Product Development

Promoted

Apr 2023 – Present · 3 yrs 2 mos · Mumbai, Maharashtra, India · On-site

Led a cross-functional team of 10 professionals, including developers, designers, legal, and compliance specialists, driving successful product launches and ensuring seamless collaboration across departments.
Established efficient workflows and improved team performance, resulting in faster time-to-market for product releases
Exposure of managing projects of Trading Platforms of Frontend, Middleware and Back office.
Responsible for creating a roadmap and vision for the product; create and manage the product backlog; prioritize the requirements to deliver the highest business value at the earliest.
Collaborate closely with multiple stakeholders of Business, Operations, Product and Other department.
Work closely with teams during sprints, address open queries, review done items and provide sign-off for deployment.
Spearheaded the end-to-end development and successful launch of a broking app from scratch, including the design, development, testing, and legal/compliance approvals for various financial products.
Led the end-to-end development and launch of a broking app, overseeing design, development, testing, and regulatory compliance.
Launched a web terminal and integrated third-party tools, enhancing platform features and user engagement.
Secured exchange approvals from BSE, NSE, and Commodity exchanges, ensuring compliance with SEBI regulations.
Delivered high-impact features, including SIP, IPO, Research Modules, advanced trading tools, and monetization options.
Optimized app performance through data-driven enhancements and user feedback, boosting engagement and retention
Managed middleware implementation, third-party integrations, and led the successful migration to Omnesys 3.19
Cultivated strong relationships with external vendors and partners, ensuring timely delivery of features.
Worked closely with the design and creative teams, approving marketing creatives and product designs to ensure they met brand guidelines and resonated with target users.

Product DevelopmentProject ManagementStakeholder CollaborationTrading PlatformsRegulatory ComplianceUser Engagement+2

Assistant Vice President - Digital Product Development

Jan 2022 – Mar 2023 · 1 yr 2 mos · Mumbai, Maharashtra, India · On-site

Reliance money

AVP Risk Management

Aug 2011 – Jan 2022 · 10 yrs 5 mos · Mumbai Area, India · On-site

Awarded "Idea Express" Trophy as part of the team for successfully implementing the innovative R-REF product in the broking domain, driving significant value for the company.
Successfully tested and implemented leverage products (Cover Order (CO), Bracket Order (BO), Margin Intraday Square-off (MIS), Normal Limit (NRML)) on the front-end trading platform, enhancing user trading capabilities.
Designed and launched the SEBI-MTF broker funding product, a unique offering in the industry. Coordinated with the back-office vendor (CLASS) for backend integration and played a key role in testing and implementing the product in both Omnesys and Hawkeye (Mid-Office).
Implemented leverage in Option Buy (option index) within Cover Order (CO) & Bracket Order (BO), expanding the range of trading options available to users.
Developed and implemented the Physical Delivery liquidation process for F&O expiry day, ensuring seamless settlement and compliance with regulatory requirements.
Introduced FIFO Logic in Back Office (CLASS), optimizing operational efficiency and improving order matching and reporting accuracy.
Launched and integrated the Pledge/Unpledge Shares module, streamlining the collateral management process for clients and improving operational workflows.
Designed and implemented Future Pledge for BTST (Buy Today, Sell Tomorrow) stocks, improving liquidity management and risk control.
Successfully implemented the Peak Margin module, ensuring adherence to regulatory margin requirements and enhancing risk mitigation.
Launched the "Limit Station" Workflow System across India, enabling real-time margin limit management for clients, improving operational efficiency.
Implemented Active Risk/Hawkeye Mid-Office System, which acted as a backup to the front-end system, improving risk management and reducing system downtime