Singapore-headquartered Percipient has appointed DK Sharma, former International CIO for Citgroup Global Consumer Technology, as America’s Business Head. Sharma will administer the launch of the data technology company’s onshore business in the nation. In addition, he will play a vital role in exploring opportunities in Latin America and Canada.
A widely respected global leader in the banking technology sector, Sharma has served Citi for 28 years. He has led various major multi-country technology transformations and instituted new consumer technology platforms, including data systems management, in Asia-Pacific, EMEA & Latin America. Sharma, in a statement, said,
With the proliferation of enterprise grade open source software, the coming of age of FinTechs, and the increasingly supportive regulatory framework, there is now greater collaboration between financial institutions and third parties than ever before. I am very excited to be part of Percipient’s efforts to offer a robust alternative to traditional data integration solutions.
Recently, Percipient had secured $713K in a seed round led by a cohort of angel investors including three former heads of Citigroup’s IT operations. Its onshore presence will allow it to work directly with US companies as well as ink partnerships with US-based global OEMs. Also, the company says its product design will continue to reflect its “building blocks” approach, thereby catering to the needs of all companies regardless of their size or existing infrastructure. Talking about the appointment, Navin Suri, Percipient’s CEO, said,
We look forward to bringing the benefit of his experience to our clients in the US, the world’s most advanced and demanding technology market. DK will also play a crucial role in guiding our business development roadmap and overall IT strategy.
Percipient, currently based in Singapore, India and the US, assists enterprises to integrate their data across both traditional and modern systems. Its flagship in-memory data discovery platform, UniConnect, is designed to facilitate the use of data sourced from multiple data sources, including APIs, blockchain, and IoTs, without the need to create data copies.
