We have diverse interests and are always clued in to our pet subjects – Computer Science, Artificial Intelligence, Mathematics, Logic and Technology, Probability, Set Theory, Statistics, Psychology and Sociology. We are also deeply influenced by books like Blink, The Wisdom of Crowds, Tipping Point, Outliers, Freakonomics and Fooled by Randomness. We figured the best way to be connected to these passions with like-minded people was to turn our collective passion into a business – more specifically a product which can blend these disparate fields into fine art! We even incorporate insights from marketing psychology, sociology and set theory in our product design.
Rivi Varghese co-founded the company after a long stint in the IT products industry. His vision of the need for a ‘human brain’ like central nervous system in banks for fighting financial crime led to the creation of the company’s flagship Clari5 banking product. Under his stewardship Clari5 has been voted ‘Best Fraud Detection Product‘ by Risk.net and positioned as an enterprise solution in Chartis RiskTech Quadrant.
Rivi has spent over 30+ years perfecting the end-to-end art of conceiving, delivering, marketing and selling new products. Rivi has significant international experience across 25+ countries – a rich blend of advanced and emerging markets. He has interacted extensively with the senior leadership of more than 250 banks and was instrumental in opening new markets for these products.
During his stint at Infosys’ Finacle as Head of Product Management -Delivery Channels, he conceptualized and delivered 12 pioneering products which continue to be used by leading banks globally –leading to some banks receiving global acclaim. As an omnichannel expert, he has enabled banking in all possible channels. Rivi is an MBA from IIM-Bangalore and a B-Tech from IIT-BHU.
With 30+ years of experience in software product development, implementation, business-solutions and operations, Balaji is responsible for client engagement, implementation and operations. He has managed several large-scale application outsourcing and core-banking replacement projects at leading global banks and has significant international experience managing multiple client projects in the Middle East, South-East Asia and India.
Previously Balaji managed large application outsourcing projects for major US banks at Accenture. Balaji is a B.Tech and PMP.
Aditya Lal brings over 30+ years of experience in designing, architecting and implementing large scale mission critical business applications in both traditional scale-up systems as well as modern scale-out distributed systems.
He spent over 10 years with Infosys’ Finacle Architecture team designing and building resilient and mission critical enterprise software architecture. He then joined Amazon.com as a principal Architect where he architected and delivered Amazon’s Flexible Payment Web Service – an internet scale OLTP payment application over distributed databases with sub-second response time. Aditya is a B.Tech in Computer Science from IIT Kanpur.
Jayaprakash (JP) heads Product Management and global Pre-Sales, Alliances and Business Development for the Clari5 product suite. With over 23 years of rich and extensive Fintech experience and deep understanding of business, domain & technologies across products & services, JP is an accomplished banking technology professional with experiential acumen in taking high-tech enterprise products to market.
With 360-degree experience in steering products from conceptual stage to category leadership, he has a commendable track record in building, positioning & selling Enterprise Fraud Management and AML solutions. JP has had several C-level conversations, has conducted consulting assignments at prominent global financial institutions and brings deep knowledge of market trends & requirements in the enterprise financial crime management domain.
In his previous role at Wipro Technologies, JP led domain-specific consulting assignments for large banks across US, UK and India spanning across Core Banking, Internet Banking, Mobile Banking, Credit Cards, Lending, Payments and Cash Management. At Wipro, he also led business analysis for their Banking Business Solutions CoE. JP holds an MBA from IIT-Delhi and is a B.Tech in Computer Science from Osmania University.
Gopal governs Clari5’s client delivery functions including implementation services, customization, support and engagement. He also works closely with the leadership team in strategy planning / execution and new initiatives.
Gopal carries a rich multi decade’s experience in the IT industry, almost half of which was with Finacle (Infosys). His journey with Finacle spanned the full spectrum of Client Delivery – from learning the ropes of banking, product implementation, customization, solution consulting to leading the Global Professional Services as a Delivery Head for entire Finacle Customers.
At Finacle, Gopal was part of their efforts in scaling up the organization as it grew into newer frontiers, setting newer benchmarks, breaking into newer geographies. All through his career, he has been regarded as a dependable counsel by clients, peers and team members. He has been personally involved and contributed to strategy formulations and execution, operations oversight, team management and client stakeholder management. He has been a member of the organization policy council, client governance committees and the unit management committee.
Prior to Infosys, Gopal worked with organizations in India, Middle East and the US. He also likes to mentor youngsters in their journeys.
Dhruv has 27 years of experience in Global Information Technology companies which have democratized banking and financial services with their innovative Banking (Retail & Corporate), Lending, Data Privacy, Cash Management, Cards, Wealth, Self-Driving Finance, Data Aggregation, Payments, Insurance, Remittances, and Advanced Data Analytics Algorithms leveraging Cloud Computing, Business Intelligence and Machine Learning.
He spent close to 15 years at Yodlee, and was responsible for Revenue growth for their Data Aggregation, Analytics and Developer API platform business across APAC & ME for Banks, Fintechs and Start-ups.
He has spent many years working in Singapore and Amsterdam during his stints at Fiserv, Nucleus Software and Yodlee. Dhruv holds an MBA from Institute of Management Technology (IMT), Ghaziabad, and is a Bachelor of Commerce (Honors) from University of Delhi.
Raghu Mehta is the Chief Business Officer for India at Clari5, where he leads strategic business acquisition and customer success initiatives across the region. With deep expertise in the banking and fintech landscape, he is focused on enabling financial institutions to strengthen their fraud prevention and risk intelligence frameworks.
Prior to Clari5, Raghu held a leadership role at Perfios, where he was instrumental in driving growth across key financial institutions. His experience spans data-driven decisioning, financial analytics, and enterprise client engagement, helping build long-term partnerships that deliver measurable outcomes
Nitin leads Global Professional Services at Clari5, overseeing end-to-end delivery and customer success . Under his stewardship, Clari5 has achieved industry-leading time-to-value benchmarks, including a record implementation in just 48 days.
With over two decades of experience across banking technology and product delivery, Nitin plays a critical role in ensuring that Clari5 deployments are not only seamless and compliant but also deeply aligned with clients’ digital transformation goals. His team partners with banks across regions to ensure high-impact implementations, ongoing optimization, and exceptional post-live support.
Before joining Clari5, Nitin held leadership roles at Novopay and Infosys, where he led large-scale financial services delivery programs.
Naresh is working on building more recall for Clari5 as a category leading brand for real-time financial crime technology solutions, amongst global banks. With 30+ years of advertising and brand communication experience, he drives Clari5’s marketing & brand communications efforts across diverse platforms.
As a brand custodian, he previously helped create, shape, and scale brand building efforts for iCreate Software (now Verisk Financial), Oracle Solution Services India and Ingram Micro India.
Naresh was previously associated with the advertising industry where he managed multiple premier advertising client accounts at Euro RSCG (now Havas Advertising) and Mudra Advertising, Mumbai. He is a B.Sc. from Mumbai University and a PG in Marketing & Advertising from Bharatiya Vidya Bhavan, Mumbai.
Strategic and results-driven Associate Director Finance with 14+ years of progressive experience in Financial Planning & Analysis, Mergers & Acquisitions, Budgeting, Cost Optimization, and Business Strategy. Adept at leading cross-functional
teams, driving financial performance, and providing data-driven insights that shape high-level decision-making.
Proven track record in managing the complete
M&A lifecycle, including valuation, financial and legal due diligence, integration of books, and compliance with IND AS. Successfully led the acquisition of a company, safeguarded valuation during diligence, and ensured smooth post-deal financial integration.
Expert in designing and implementing annual budgets, quarterly forecasts, long-range financial models, and monthly MIS, aligned with strategic business goals. Skilled at developing dynamic dashboards and performance indicators that provide transparency and empower leadership with real-time data.
Highly experienced in board and investor-level presentations, variance analysis, and scenario modeling to evaluate business risks and opportunities. Strong command over interpreting complex financial data, driving process improvements, and enhancing
profitability through cost controls and resource optimization.
Collaborates effectively with executive leadership and cross-functional teams to align financial strategy with organizational objectives. Known for delivering insights that influence key business decisions and drive sustainable growth.
Jayakrishnan (Jay) heads the people function at Clari5. He has over 18 years of experience in building people capabilities with strategic interventions and operationalizing HR CoEs for fast growing organizations.
Previously Jay led the HR function for a 1000-member global IT player. He is passionate about people and his focus is to transform the people function and drive best people practices.
Jay has completed his Masters in Personnel Management from the National Institute of Personnel Management and is a Graduate in Psychology from the University of Kerala.
Ashutosh Vaidya comes with 30+ years of technical experience in managing products, solution and service delivery across global markets. This also included leadership assignments in the US and stints with IBM, Microsoft and HP.
As the Chief Delivery & Operations Officer, Ashutosh led NTT Data Services (previously Dell Services) transformation into a more profitable and global delivery set-up. As head of Global BPO, Wipro, Ashutosh navigated the entire $450 million BPO business and was responsible for the turnaround of Wipro’s business around Intel and Microsoft Technologies.
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