Shachi Sayata is one of the leading figures in risk management systems and product innovation in the dynamic world of financial technology. She has a distinguished career across major financial institutions, significantly contributing to FinTech through her expertise in risk management, product development, and regulatory compliance. Her work in building sophisticated solutions for clearing over $10 trillion in daily transactions solidified her reputation as an influential figure in the financial sector.
Shachi initiated her journey into the realms of finance and technology by reading for a Bachelor of Technology in Information Technology, which opened up her fascination with the way technology could transform financial systems. Her passion for aligning technology and finance has steered her to challenging roles in product management, where she has had a track record of pushing developments in risk management at several prime institutions.
While at Netmagic Solutions in India, Shachi developed a Change Management Module as one of the significant achievements during her tenure. This early exposure helped her learn the ropes on managing complex financial operations and especially the management of global-scale operations. Her ability to balance technical innovation with compliance has become the crux of her approach to scalable and compliant product development for international markets.
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In the daily price discovery process of energy derivatives, Shachi led an initiative at one of the major global exchanges to automate a manual error-prone process into a highly efficient automated solution. Such an innovation decreased processing time and increased the accuracy of the data while being crucially important for reporting to the regulators. Thus, it was the project’s success that marked her ability to recognize operational inefficiencies and create effective technological solutions that fit tight industry standards.
Throughout her career, Shachi has been exceptional at team leading cross-functional teams within the highly regulated FinTech industry. Her approach to leading her team is based on open communication, collaborative problem-solving, clearly stated goals and timelines, while encouraging innovation. That way, she’s had balanced approaches that help lead complex projects through, not losing focus on either the quality or compliance standards that come with it.
One of the most impactful accomplishments was a parameter management solution that reduced operational risk by 90%. This project really showed her ability to take complex processes and make them easier to understand while also strengthening the risk mitigation strategy. She also created a user interface for daily risk exposure analysis that balanced technical sophistication with user-friendly design. This interface results in 60% greater satisfaction of her users, a strong indication of her ability to tailor solutions to both technical requirements and user needs.
Shachi is very good at managing stakeholder relationships. She regularly presents technology initiatives to industry working groups and clients, thereby ensuring that there is always a flow of communication that builds trust. Through active seeking of feedback and concerns, she has built excellent relationships with external stakeholders, leading to more productive collaborations and successful project outcomes.
In the regulatory compliance space, Shachi has established a way of integrating compliance requirements right from the earliest stages of product development. Her close association with legal and compliance teams ensures that every product aligns with the latest regulatory frameworks. In this proactive stance, along with rigorous testing and scenario analysis, solutions are developed that consistently meet both business and regulatory standards, setting a high bar for compliance within the industry.
Her work in automating complex financial processes has had wide-reaching impacts, contributing to improved efficiency, enhanced stakeholder trust, and a higher standard of operational effectiveness across the sector. Shachi’s innovative approach to solving industry challenges has led to substantial improvements in data accuracy, processing speed, and overall system reliability.
About Shachi Sayata
Shachi Sayata is a seasoned technical product manager in the FinTech industry, with a proven history of designing advanced risk systems for top financial institutions. Her skill set includes designing methodologies for risk margin, reducing operational risks by 90%, and generating revenue through enhanced risk management solutions.
Proficient in tools such as MATLAB, PowerBI, and Python, she leverages technical skills alongside her Master’s in Finance and MBA in Technology Management to drive meaningful progress in risk management. Her commitment to bridging the gap between complex technical requirements and business objectives has established her as a respected leader in FinTech.