Breaking News

Tavant Launches Banktech Practice With Existing AI/ML Technology for Transformative Experiences – Business Wire

SANTA CLARA, Calif.–(BUSINESS WIRE)–At American Banker’s Digital Banking 2020 conference, Tavant announced its expansion to new business lines with the launch of its Banktech practice. The Silicon Valley-based provider of AI-powered digital technologies appointed industry expert Vaibhav Sharma to lead the new banking initiative from the company’s New York office. Marking its entry into banking, Tavant leverages its best-in-class lending technologies to provide innovative transformations to banking institutions of all sizes.

The Banktech practice brings together digital technology and proven innovation to solve modern banking challenges. Sharma is focused on integrating Tavant’s transformative lending experience to deliver hyper-personalized end-user experiences to the complete banking customer lifecycle.

Sarvesh Mahesh, CEO of Tavant, said, “As we grow our team with the industry’s most innovative and brightest individuals, we are excited to have Vaibhav leading our efforts. The banking industry has faced an accelerant this year from the pandemic as customers adjust to increasing digital services. As the industry continues to change, banks will need to deliver new, modern solutions to stay competitive. Tavant’s Banktech practice enables us to assist banks with operational efficiencies to effectively provide new digital solutions that make banking seamless for all back- and front-end processes. Our team’s vision coupled with our innovative tech delivers our customers an optimized banking experience.”

Vaibhav’s banking expertise stems from more than 25 years of global experience in assisting large scale banks modernize their operational processes and implement procedures that balance incremental growth and cost savings. He previously worked at Unisys, CGI and Citibank, where he spearheaded unique digital optimizations and reduced risk factors to existing legacy systems. Additionally, Tavant has appointed two Banktech practice drivers, Michael Livi and Debarchana Roy. Livi, based in New York, is an industry veteran of 17 years and is passionate about powering the sales cycle of emerging financial technologies to financial institutions (FIs). Roy, located in San Francisco, has more than 12 years of industry experience and joined Tavant from Wells Fargo, where her accomplishments provided consistent strategic and sales growth.

This move represents an additional geographic expansion for Tavant, which launched its Digital Factory practice in Dallas last year. Tavant combines deep industry expertise, next-generation digital technologies, and optimized modern processes to help banks deliver enhanced customer experiences.

About Tavant

Headquartered in Santa Clara, Calif., Tavant is a digital products and solutions company that provides impactful results to its customers across North America, Europe, and Asia-Pacific. Founded in 2000, the company employs more than 2500 people and is a recognized top employer. Tavant is creating an AI-powered intelligent lending enterprise by reimagining customer experiences, driving operational efficiencies, and improving collaboration.

Find Tavant on LinkedIn and Twitter.