VSoft Names Vijay Balakrishnan Chief Operating Officer.Leading financial technology executive joins growing software firm ATLANTA -- VSoft Corporation, a global information and technology provider of process improvement solutions for financial institutions, has appointed Vijay Balakrishnan as Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. (COO). Balakrishnan joins VSoft Corporation from Metavante Corporation Metavante is a company that provides financial technology services and software to its customers, consisting primarily of small to large sized financial institutions. The $1.5 billion organization is headquartered in Milwaukee, Wisconsin and employs over 5,600 employees in 35 U.S. where he was Vice President of Strategic Marketing responsible for the brand integration and strategic direction of four acquired businesses (AFS A distributed file system for large, widely dispersed Unix and Windows networks from Transarc Corporation, now part of IBM. It is noted for its ease of administration and expandability and stems from Carnegie-Mellon's Andrew File System. AFS - Andrew File System , Vectorsgi, Endpoint Exchange, and Treev) into Metavante Image Solutions. "Check 21 and imaging services are at the core of our financial institution clients' overall business strategy. Vijay's vast experience in product development and marketing imaging solutions to financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. will be invaluable as our client base continues to grow both in the U.S. and Internationally," said Murthy Veeraghanta, president, VSoft Corporation. "Since our founding in 1996, financial institutions have continued to turn to us for enterprise-wide Check 21 and imaging solutions; whether it be the back-office, branch site, remote merchant location or self-service device. Vijay's experience is ideally suited to lead us as we embark on our next stage of growth." VSoft Corporation's product offerings and client base of financial institutions have expanded dramatically in recent years. More than 45 percent of the credit union market and more than 1,700 financial institutions currently use VSoft solutions products. "I am delighted to join the VSoft team and help accelerate the company's successful growth," said Balakrishnan. "With payment convergences and growing adoption of image solutions, the industry requires flexibility, innovation and nimbleness that are the cornerstones of the VSoft story." During his 28-year career in the technology and financial services industry, Balakrishnan has developed a truly global perspective, having conducted business in more than 45 countries. His leadership positions include roles at Honeywell, Deluxe de·luxe also de luxe adj. Particularly elegant and luxurious; sumptuous: deluxe accommodations; a de luxe automobile. adv. Corporation, Equifax, and Alogent Corporation. Balakrishnan holds both a bachelor's and master's degree master's degree n. An academic degree conferred by a college or university upon those who complete at least one year of prescribed study beyond the bachelor's degree. Noun 1. in electrical engineering electrical engineering: see engineering. electrical engineering Branch of engineering concerned with the practical applications of electricity in all its forms, including those of electronics. from the University of Illinois University of Illinois may refer to:
About VSoft Corporation A global information and technology provider of process improvement solutions for financial institutions, Atlanta-based VSoft Corporation has been offering scaleable, flexible solutions since its inception in 1996. Led by industry experts with a proven track record in excellence, VSoft Corporation is proud of its ability to provide technology designed for easy implementation and migration from the proprietary banking systems of the past. VSoft's experienced systems integration teams ensure that every customer is met with VSoft Advantage. VSoft Corporation has multiple products, services and support that cover distributed capture, back office, operations, lockbox Lockbox A collection and processing service provided to firms by banks, which collect payments from a dedicated postal box to which the firm directs its customers to send payment to. processing, Check 21 legislation, and retail functions. These solutions are designed to maximize core efficiencies while reducing operational costs. More information about the company can be found at www.vsoftcorp.com. |
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