why-bindra-is-banking-on-software

Why Bindra is banking on software

Ever wondered what ex-Citi and ex-HSBC banker Avi Bindra has been up to in India since his return? He's come up with a revolutionary new software for banks.
Can you summarise what you have been doing since you left HSBC in Hong Kong and relocated to IndiaÆs thriving Gurgaon area
The first six months involved settling down, and in September I started this firm called ARX Analytics, to do credit focused outsourcing work for banks. But as I spoke to potential mid-tier Asian and Middle Eastern banking clients they said that while they liked the idea of industry and peer group credit comparisons, their own portfolios mainly comprised SMEs so some of the banks suggested we convert it to a software. They could then run their own SME portfolio data base to do exactly what we were doing.

So we split the...
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