Prakash Ragit

About Prakash Ragit

A consultative, highly collaborative and creative Technical Product, program and project management with skills in solution design, business architecture, technical business analysis, data analytics.Extensive Experience driving product growth from conception to launch leading cross functional teams to deliver large scale, sophisticated, business and technology transformation products and programs with deep understanding of trading systems, OTC and Listed Derivatives, FX, Bonds, Equities, Clearing and settlement,Risk management, Reporting and regulatory paradigm (ISDA, MiFiD, Dodd Frank,CFTC) Experience to lead cross functional development in agile environment, projects involving scrum framework, Cloud, NoSQL, FIX, Fpml, API, Protobuf, data warehouse technologies. I have the ability to connect business and technology, engagement with sales, compliance, front office, clients,vendors to develop products/solution and go to market strategyCredits/Certifications: Use Case Modelling, Strategic Enterprise Analysis, Developing A Business Case, Business Data Modelling Skills: Product, Program management, Solution Design, Business Architecture, Business Analysis, Data Analytics, strategy, technology deliveryExpertise: OTC & Listed Derivatives, Electronic trading, OTC Derivatives clearing, information services, Risk management, Clearing and Settlement, Reporting, Regulatory ((ISDA, MiFiD, MiFiR, Dodd-Frank, CTFC,Brexit)

Experience

1. Senior Product Manager

   FIS

   Sep 2016 — Present · New York, NY, US

   Product Manager – Cleared Derivatives Sep 2016 – PresentLead product development, strategy, and execution for the FIS Cleared Derivatives Suite, enabling global clients to manage the full lifecycle of Listed Derivatives trades and client data transformation.• Define and execute product vision, roadmap, and strategy aligned with Value Stream OKRs.• Partner with design, engineering, sales, and industry groups to identify new product opportunities and enhance existing capabilities.• Drive customer discovery, competitive analysis, and industry research to shape use cases and product positioning.• Present product vision and roadmap to senior stakeholders, clients, and steering committees.• Lead cross functional delivery from concept through launch, ensuring alignment across engineering, UX, and business teams.Accomplishments• Secured migration of a major Tier 1 institution onto the FIS strategic platform, driving operational efficiency (reduced client onboarding time by 90%, static errors by 95%) and cross sell opportunities.Product Manager – OTC DerivativesLed product strategy and development for OTC derivatives (IRS, CDS, FX, Repo) across trade lifecycle and risk management.Key Responsibilities• Build and execute product roadmap OTC clearing products.• Collaborate with design and engineering on product concepts, UX flows, and iterative enhancements.• Engage with exchanges, clients, vendors, and sales to drive product adoption and business strategy.• Run client steering committees, user working groups, and customer success initiatives• Evangelize product vision using customer research, data insights, and industry trendsAccomplishments• Designed a multi broker OTC affirmation platform, aligned with strategic goals to reduce operational risk and improve efficiency (Automate Clearing workflows for 95% volume)• Delivered solutions expected to generate 22% operational savings for clients within the first years of adoption, increasing engagement and revenue

Education

• University of Mumbai

  Master of Management Studies (MMS), Information Technology

• SGGS Institute of Technology

  Bachelor of Engineering (B.E.), Production Engineering

Skills

• Software Project Management