Nikhil Phaltankar

Nikhil Phaltankar

Senior Business Analyst @ FD Technologies

About Nikhil Phaltankar

Nikhil Phaltankar is a Senior Business Analyst with a background in finance, holding an MMS Finance degree from the University of Mumbai. He has significant experience in the banking sector and has worked for various organizations, including Virtusa and Federal Bank, before joining First Derivatives in 2021.

Current Role at First Derivatives

Nikhil Phaltankar currently holds the position of Senior Business Analyst at First Derivatives, a role he has occupied since 2021. He works in Toronto, Ontario, Canada, where he applies his analytical skills to enhance business processes and implement effective solutions. His responsibilities include collaborating with stakeholders to gather requirements and ensure successful project delivery.

Previous Experience at Virtusa

Before joining First Derivatives, Nikhil worked as a Business Analyst at Virtusa from 2016 to 2021. During his five years in this role, he contributed to various projects, leveraging his analytical abilities to improve business operations. His experience at Virtusa provided him with a solid foundation in business analysis within the technology sector.

Education and Expertise in Finance

Nikhil studied at the University of Mumbai, where he earned a Master of Management Studies (MMS) in Finance from 2006 to 2008. His academic background in finance has equipped him with the knowledge necessary to analyze financial data and support banking operations effectively. He possesses strong expertise in both Waterfall and Agile methodologies within the Software Development Life Cycle (SDLC).

Experience in Banking Sector

Nikhil has extensive experience in the banking domain, having worked in various roles that include Assistant Manager and Manager Scale II at Federal Bank. He served as Assistant Manager from 2010 to 2015 and later as Manager Scale II for three months in 2015. His roles involved managing banking operations and implementing software solutions tailored for financial institutions.

Project Involvement at Scotia Bank

During his tenure at First Derivatives, Nikhil worked on the Fenergo implementation project at Scotia Bank, a significant client of the company. This project involved the integration of software solutions to enhance compliance and client onboarding processes, demonstrating his capability in managing complex implementations within the financial services sector.

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