Vasant Ramachandran is CTO at Daric, a startup offering Enterprise SaaS for borrowers and lenders in finance, insurance, and real estate. Daric provides end-to-end solutions for loan origination and decisioning along with analytics, secondary marketing, and risk management for lenders and asset managers in the US, Europe, and Australia. Daric is part of the Stanford StartX community.
As CTO Vasant is responsible for the development of Daric’s peer-to-peer lending platform, which will offer up to $10 million. The financial services industry is on the cusp of upheaval of outdated practices and a renewed focus on technology, automation, and more user-friendly interfaces. Daric’s industry-leading software is paving the way for their diverse clientele, ranging from large publicly traded companies with billions in assets under management to smaller boutique firms.
The entrepreneurial team behind Daric have taken on no small feat in creating the “next generation of financial software.” The Silicon Valley-based professionals’ focus on computer algorithms as opposed to traditional business practices have earned recognition from numerous publications, as well as backing from investors Richard Kovacevich (former CEO of Wells Fargo) and Jennifer Johnson (COO of Franklin Templeton Investments) among others.
Prior to Daric, Vasant Ramachandran worked in the positions on development, data science and Research Teams at LinkedIn, Aster Data and the Stanford Genome Technology Center. He attended Stanford University, where he earned his Bachelor of Science (B.S.) and his Master of Science (M.S.) in Electrical Engineering.
Vasant was active on the Stanford campus; he wrote for the Stanford Review, regularly performed as a member of Raagapella (the university’s South Asian fusion a capella group), and volunteered with SAPHOP, the university’s education and outreach program which focused on raising awareness of health risks within the South Asian community.
Vasant is interested in the applications of statistical signal processing and electrical engineering methodologies to economic and financial problems. Keep up with this blog for insights on his entrepreneurial practices.