Siddhant Srivastava

Projects :

1) NPSS Aani Overlay Services : National Payment Systems Strategy (NPSS) is an initiative of the Central Bank of UAE. It is the Instant Payment Platform (IPP) that enables real-time faster payments and funds transfers around the clock (24X7), and digital payments across the UAE financial sector.

2) Fawran Payments : Fawran is a real-time instant payment service in Qatar, launched by the Qatar Central Bank, that enables users to send and receive money instantly, 24/7, using alternative identifiers like mobile numbers or alias names instead of IBANs.

3) NAPAS QR Payments: NAPAS QR payment in Vietnam allows you to pay using QR codes scanned via mobile banking apps and digital wallets that are integrated with the Vietnam NAPAS payment network.

4) Fawateer Biller Payments: Fawateer provides real-time bill payments and enquires which allows the customer to pay the bills within 30 seconds in Bahrain. Moreover, it also provides a deferred payment to billers without the need for integration.

Roles & Responsibility :

• Analyzed business processes to identify inefficiencies and recommend strategic improvements.
• Collaborated with cross-functional teams to implement transformation initiatives aligned with organizational goals.
• Implemented Strong Customer Authentication with third party mobile app using OAuth 2.
• Led workshops and conducted stakeholders interviews to gather requirements and assess needs for successful implementation of changes.
• Collaborated with Ui/UX team to design the customer journeys for Mobile App and browser.
• Integrated with third party system BioCatch and ThreatMatrix for enhanced Fraud Control on banks Mobile Banking App.
• Designed training materials for staff to ensure smooth transition during process transformations.
• Assisted in the development of long-term strategic solution by providing insights into industry trends, competitor analysis, and market opportunities.
• Collaborated with technology partners in developing innovative tools that streamlined workflows and improved overall productivity levels within the organization.
• Facilitated training sessions for employees on new systems and processes, increasing adoption rates post implementation.
• Conducted root cause analyses for identified issues during post production implementation which leads to targeted initiatives that addressed underlying problems effectively.

Projects :

1) Global Money Transfers: One of the bank global transformation program for multiple markets to provide world class experience for its own customers and non-customers to manage, spend, send and receive money internationally on banks Mobile App using their multi currency wallets, cards and CASA accounts via secure, cheaper and real time payment services.

Roles & Responsibility :

• Developed implementation and execution roadmap, including GTM (Go to Market) strategy, in collaboration with numerous market stakeholders.
• Defined the global servicing and operations model for the multi currency wallet based cross border payment proposition on mobile.
• Managed deliverables to ensure timely launch of project phases within the allotted budget
• Worked closely with product owner to define the product roadmap based on the stakeholders requirements and global trends.

Projects :

1) SCPAY : SCPAY is banks in-house payment platform which is a modernized solution on the latest technology stack to process all types of payments.

Roles & Responsibility :

• Managed Implemented Singapore market specific requirements on the core RTGS feature available on the platform.
• Designed solution which can cater for both ISO 20022 MX and ISO 15022 MT messages for payment processing.
• Data mapping from legacy to ISO 20022 and ISO 15022 payments messaging formats.

Projects :

1) New Payments Platform (NPP) : The New Payments Platform (NPP) is a new infrastructure for real-time payment transfers across banks. It will provide Australian businesses and consumers with a fast, versatile, data-rich payment system for making their everyday payments.

Roles & Responsibility :

• Manged documentation of business requirement document and product backlog for interaction with internal stakeholders.
• Designed faster payments solution using ISO 20022 payment messaging on FIS Clear2 Pay OPF platform.
• Designed solution for reconciliation and reporting.
• Created Standard Operating Procedures for the operations team
• Worked on Integration of Payments Platform with Core Banking, Fraud Management and Sanctions Screening applications

Projects :

1) BPH-RP Transition Program : The BPH-RP Transition program is banks strategic solution to consolidate, simplify and transform the payments landscape by migrating the legacy payments flows to new payments platform.

Roles & Responsibility :

• Helped in defining the strategy for consolidating and migrating the legacy payments systems to new platform thereby improving time to market and reducing operational and maintenance costs.
• Worked on Business Process Modelling/ Mapping and gap analysis by creating current state and future state model.
• Data mapping from legacy to ISO 20022 and ISO 15022 payments messaging formats.
• Worked on prioritization and validation of change requests raised by the business wners with internal stakeholders and external vendors.

Projects :

1) CBA Health Claiming : CBA Health Claiming is a solution to build a 'Health Claiming Processing Hub' to play the orchestration role between all players. It is the central hub of integration between PMS, health industry integrators, CBA payments processing systems and innovative partners with value-added services.

Roles & Responsibility :

• Collaborated with UI/UX team to design the health claiming customer journey for health service provides on banks Android based POS terminal.
• Conducted requirement gathering workshops with business stakeholders and industry experts.

TCS BaNCS for Corporate Actions offers a comprehensive rules-based driven processing engine with high rates of STP, which can seamlessly interface with any external system, via an Integration Layers or API's

• Requirement Analysis for gaps/change request identified.
• Defining functional specification for client requirements.
• Solution Design for BaNCS Integration.
• Defining the data migration strategy.
• Functional Testing of BaNCS Product.
• Solution design for the annual SWIFT Compliance release.
• Solution design for ISO 20022 Corporate Action.
• Defining the migration strategy from ISO 15022 to ISO 20022.
• Adding SWIFT capability demonstration to new/prospective clients.
• Presenting BaNCS functionality to the client and identifying the Gaps.