Prachit Parikh

Prachit Parikh is an Axiom Developer at Banking Circle, where he merges his passion for technology and innovation with his expertise in the banking industry. His decade-long software development career has solidified his reputation for crafting solutions that enhance operational efficiencies and bolster system performance across financial platforms.

Technological Innovation at Banking Circle

Within the Banking Circle, Prachit’s role extends beyond that of an Axiom Developer; he is also a technical Business Analyst and a Product Owner. This trifecta of roles allows him to engage with and influence multiple dimensions of the company’s technological and operational frameworks. He tackles intricate challenges in financial technology, driving the evolution of banking systems with innovative solutions.

In his primary role as an Axiom Developer, Prachit oversees regulatory reporting systems, ensuring adherence to the financial industry's complex and shifting regulations. His in-depth knowledge of Axiom CV10 and Oracle 19c and robust understanding of ETL processes and database management through SQL and PLSQL have been crucial in developing scalable, reliable, and efficient systems. Additionally, his proficiency in Shell Scripting allows him to automate critical tasks, significantly reducing manual effort and enhancing operational efficiency.

Prachit bridges the gap between business needs and technical solutions as a technical business analyst. He collaborates with cross-functional teams to identify procedural gaps, streamline operations, and implement strategies that comply with business objectives and regulatory requirements.

As a Product Owner, Prachit is instrumental in developing innovative tools and systems, focusing on features that promote business growth and streamline operations. He is tasked with defining the product vision, making strategic decisions, and ensuring that the solutions delivered align with market demands and the company’s long-term goals.

Entrepreneurial Ventures and Leadership

Outside of his commitments at Banking Circle, Prachit is the Founder and CEO of Finexis Tech. This consulting firm excels in providing cloud computing, regulatory reporting, strategic consulting, cybersecurity, and AI solutions. Under his leadership, Finexis Tech adheres to a client-first philosophy, ensuring that all technological solutions are strategically sound and aligned with the client's long-term success.

Advisory Role in Technological Solutions

Prachit Parikh also shares his technological acumen with Technova Systems Inc., a Herndon, VA-based IT workforce solutions provider that caters to North America's healthcare, finance, telecom, and retail industries. His guidance helps the company enhance its IT solutions, supporting various industries.

Educational Foundation and Early Career

Before his current roles, Prachit began shaping his career path as an Axiom Developer, where he first developed his keen interest in financial technologies. His academic journey in computer science took place at Yashwantrao Chavan Maharashtra Open University, which laid the foundational knowledge necessary for his subsequent professional achievements.

Prachit’s educational experience was complemented by his active participation in tennis during his high school years at Wethersfield High School in Connecticut, where he excelled academically and athletically.

Cultural Insights and Personal Life

Born in the United States and able to travel extensively in his formative years, Prachit spent significant time in India. This exposure to various cultures and traditions instilled in him a deep appreciation for diverse perspectives, which he has seamlessly integrated into his professional and personal ethos.

Passions Beyond Technology

Music and sports play a significant role in Prachit’s life, allowing him to express his multifaceted identity. He is a talented singer in English, Punjabi, and Hindi, and his love for sports like rugby, tennis, football, and basketball has taught him invaluable lessons in teamwork and competition.

Family is the centerpiece of Prachit’s world, informing his daily life and decisions. Despite his demanding career, he prioritizes spending quality time with his loved ones. He continues to pursue personal interests such as traveling, which broadens his horizons and enriches his understanding of the world.

Commitment to Community Service

Dedicated to making a difference in his community, Prachit volunteers at Saint Francis Hospital in Hartford, Connecticut, and supports Habitat for Humanity. His volunteer efforts underscore his commitment to contributing positively to society and impacting lives beyond the scope of his professional work.

Prachit Parikh’s career is characterized by a profound commitment to leveraging technology for impactful business solutions, a dedication to client success, and a drive for continuous personal and professional growth. His approach to technology and business is holistic, informed by a rich tapestry of experiences that shape his vision for a future where technology and human values are aligned for the greater good.

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