Bhavesh Shah

Bhavesh Shah

Chief Technology Officer @ SMIFS LIMITED

About

30+ years’ Techno functional leadership experience, 20+ year as Group CIO/CTO/CDTO in Indian Stock Exchanges, Large broking houses, Depository and Clearing Corporation in India and USA. Successfully created and executed long term plan while keeping an eye on short-term execution. Excellent communication, presentation, team management and leadership skills.Key Achievements.• Implemented largest WAN and LAN network rollout of BSE comprising of state- of the art Networking and Security technology across India for brokers and sub-brokers. Implemented Network Management platform for PAN India Brokers at BSE. • Implemented Network Monitoring platform for DTCC in USA. Successfully implemented and seamlessly executed BCP/DR on 9/11 without any downtime in New York. Worked at DTCC (Clearing Corporation of NYSE) from 2001 – 2003. • Implemented India 1st discount broking house, a green field project for Reliance Securities (Reliance Money) in 2006. The platform and concept were the first of its kind Advance Brokerage, Kiosk and integration of Security hard token. • Instrumental in setting most cost effective and fastest rollout of retail trading platform with Industry leader solution across India. Developed mid-office for Risk Management and Reporting (MIS) to support Sub-broker and Online channels. Implemented PAN India branches centralized Security platform in broking industry. Developed enterprise software like HRMS, Portfolio Management, Account Opening platform, CRM for the Anand Rathi group across all verticals; Retail, Wealth, Institution, Distribution from 2007 – 2015. The development and transition enabled Anand Rathi to tech enable brokerage house. Developed in-house MF, insurance back-office platform from LMS to Revenue disbursement. • Mission critical system consolidation from Physical to Virtual environment resulting in reducing hundreds of servers to less than 10 servers. This helped India’s largest Agri commodity exchange NCDEX to save 1500+ Square feet data center space, power, colling, and cost to procure new hardware in pace of old Physical servers. The project created a path of redundancy, scalability, and DR readiness. For this project awarded as “Brave New IT” by VMWare. Implemented state of the art Trading engine from MIT (LSEG group) and Trading frontend NEXTRA.• Record time transition of end-to-end systems of one of the leading discount broker Dhani (Indiabulls Securities) in Six months. Developed efficient mobile account opening and Trading platform. . Awarded CIO and Leader's "Unsung Worrier & Digital Hero.

Country

India

City

Mumbai

Industry

Financial Services

Skill

IT Strategy, Business Analysis, ITIL, Requirements Analysis, Risk Management, Equities, Vendor Management, Capital Markets, Team Management, Derivatives, Data Center, Management, IT Service Management, Project Management, Disaster Recovery, Software Development

Experience

SMIFS LIMITED

Chief Technology Officer

SMIFS LIMITED

LinkedIn
2025-7 - Present · 1 yr 3 mos

Mumbai

Rupeeseed Technology Ventures Pvt Ltd

Director

Rupeeseed Technology Ventures Pvt Ltd

LinkedIn
2024 - 2025 · 1 yr
EY

Director

EY

LinkedIn
2024 - 2024

Mumbai, Maharashtra, India

Consulting Project evaluation, finalization and architecture of the India’s largest Broking house in collaboration with world largest Financial Service firm.

India International Depository IFSC Limited (IIDI)

Chief Technology Officer

India International Depository IFSC Limited (IIDI)

LinkedIn
2023 - 2024 · 1 yr

Responsible for setting up Bullion and International stocks depository in Gift City, Gujarat. India, regulated by IFSCA. Member of KMP

JM Financial Services Ltd

Director of Information Technology

JM Financial Services Ltd

LinkedIn
2021 - 2022 · 1 yr
Indiabulls Ventures Limited

Head of Information Technology

Indiabulls Ventures Limited

LinkedIn
2018 - 2021 · 3 yrs

Tradition from old Trading, Back office, CRM and Contact Centre platform to new scalable platform in record 6 months time.

Ambit Private Limited

Director of Information Technology

Ambit Private Limited

LinkedIn
2016 - 2018 · 2 yrs
Anand Rathi Share and Stock Brokers Ltd

Chief Information Technology Officer

Anand Rathi Share and Stock Brokers Ltd

LinkedIn
2007 - 2015 · 8 yrs
Sharekhan Ltd.

Head of Infrastructure

Sharekhan Ltd.

LinkedIn
2004 - 2006 · 2 yrs

Migrated systems and networks to new state of the are DC and security systems

BSEIndia

Assistant General Manager

BSEIndia

LinkedIn
2003 - 2004 · 1 yr

Setup network and security platform for BSEIndia

Education

University of Mumbai

University of Mumbai

LinkedIn

Electronics

Bhavesh Shah's Contact Information

Email

******@***.com

Phone

(**) *** ****

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