I recently left MicroPlanet Technologies, a non-profit start-up that I co-founded and led as the CEO, where our mission was to provide financial institutions in the developing countries access to Software-as-a-Service (SaaS) / cloud-based core banking software that is affordable and with high quality support and service.
I am now interested in exploring opportunities either within the development sector or the mainstream financial services sector in the US.
You can get better insight about my experience and expertise by perusing my Linkedin profile:
http://www.linkedin.com/in/jitenpatelceo
For Microfinance Institutions (MFIs) to achieve scale one needs access to robust and scalable core banking (MIS) software (using a SaaS model), strong operational process focus, Data Mgmt (real-time access to info about ops and clients). SaaS + Process & Data Mgmt + Training offers a winning formula for achieving scale & lower operating costs.
Friday, April 13, 2012
Wednesday, January 11, 2012
SaaS, Cloud, Microfinance & MFIs ... Affordable Access to Excellent Service
MicroPlanet offers affordable, robust, high quality SaaS service to MFIs: it manages & services all that cloud-based virtual stuff, hardware and software, to improve MFI's operations and servicing capability.
SaaS solution offers MFIs affordable access to set of robust technology related services, without the burden of having to manage & support it;
MicroPlanet shoulders the burden of managing, servicing and supporting the MFI's daily technology (MIS) related needs.
SaaS reduces the financial burden on the MFI of having to incur heavy upfront capital costs for software and hardware, and significantly reduces the burden on the MFI of having to hire experienced IT staff;
Instead MFIs pay a small recurring monthly fee, a "rental" fee so to speak, which includes the aforementioned set of services.
SaaS can be win-win for MFIs provided they partner with the right partner with the right experience and service delivery, and who offers a robust & scalable core banking (MIS) platform for regulated and non-regulated institutions.
SaaS solution offers MFIs affordable access to set of robust technology related services, without the burden of having to manage & support it;
MicroPlanet shoulders the burden of managing, servicing and supporting the MFI's daily technology (MIS) related needs.
SaaS reduces the financial burden on the MFI of having to incur heavy upfront capital costs for software and hardware, and significantly reduces the burden on the MFI of having to hire experienced IT staff;
Instead MFIs pay a small recurring monthly fee, a "rental" fee so to speak, which includes the aforementioned set of services.
SaaS can be win-win for MFIs provided they partner with the right partner with the right experience and service delivery, and who offers a robust & scalable core banking (MIS) platform for regulated and non-regulated institutions.
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