Global CEO Excellence Awards 2020

24 CEO MONTHLY / GLOBAL CEO EXCELLENCE AWARDS 2020 , Fintech CEO of the Year 2020 (Switzerland): DrNithinPalavalli Financial technologies space is constantly striving for innovations that can enhance the speed, security, scalability of fintech infrastructure. There is a constant need for delivering adaptive, smart, and efficient solutions that empower companies to not just provide affordable services but also entails great synergy amongst their business functions and partners without causing disruption. MoonX specialises in building real-time scalable architecture with ultra-low latency using proprietary technologies. Known to have built the world’s lowest latency with customer- centricity in mind, MoonX got numerous accolades for its innovative yet simplistic solutions for trading platforms. The company provides everything from trading and exchange platforms to multi-currency cross border payment systems infrastructure, and application security components needed for e-commerce and fintech organizations. The firm is also uniquely placed to be the onramp solution that helps financial institutions to innovate and renovate their offerings with a shift in the payment industry caused by technologies like blockchain and advanced implication engine, and the demand from customers for a significantly cheaper and more efficient method of handling their money. MoonX came to life in January 2018, after Dr Nithin Palavalli drew on every ounce of his considerably extensive experience to become founding president and CEO of a firm that would focus on innovating ultra-low-latency products in a world that is constantly innovating. Having worked in various technology- focused roles for some of the biggest companies in the world, including Hewlett Packard Enterprises, Dr Palavalli was perfectly poised to capitalise on his knowledge in a bid to make the world a better place. Being in the space of fintech, and looking at the evolution of technology being good for everyone, Dr Palavalli decided that MoonX would focus on capabilities, not maturity. Focusing on capabilities, rather than maturity, enables the firm to address the ever-changing nature of technology and its business landscape, by providing innovative ideas and opportunities. Dr Palavalli revealed that MoonX has built the technologies that are ready to bolster the regulated and traditional financial institutions to both enhance and innovate new & existing products and services rapidly, efficiently, and economically. Armed with his experience of working in the technology sector for much of his life, Dr Palavalli also brings with him extensive knowledge of effective management to the role of CEO. Primarily, he does not cling to things. As business heads, organizations, and even individuals, people tend to cling to things, whether they be notions, ideas, or physical items. Dr Palavalli has noticed that this can inhibit innovation and courage to try new things. The other aspect that Dr Palavalli has learned during his time as a leader is that it is important to adopt a strategy of writing down what not to pursue. Too many irons in the fire, ruling nothing out, and being open to test everything can quickly prevent exercisable innovations in key areas, and destroy hard-won success. Dr Palavalli has learned to be decisive enough to make calculated decisions, as he iterates that to lead a smart team the leader should constantly think of saving the most precious thing i.e. time, giving their team immense opportunity to stay focussed and achieve more within the limited time. In everything that he has done, and everything that MoonX continues to do, Dr Palavalli’s philosophy prevails across the company: to believe in people more then they believe in themselves and always push them to be more courageous and innovative. As much as his role as Chief Executive Officer is what CEO stands for, Dr Palavalli also believes in his role being akin to that of a Chief Enabling Officer, always pushing his team to do their best, be innovative, become entrepreneurial, and feel a sense of ownership. The key has been in setting up the environment for each of the employees – where they best motivate and empower themselves. Once the team is involved, everyone can communicate clearly, monitor work, feedback effectively, and align critical aspects for a vision to become reality and thus allow extraordinary innovation to take place. Dr Palavalli can be very proud indeed of what MoonX has become in its relatively short lifespan thus far. Its technology is far superior and light years ahead of any other established player when it comes to speed, throughput, security, and robustness for the fintech space, and is ideally set to be playing an important role in the continued development of fintech and payment services. MoonX has moved beyond the limitations and challenges of blockchain and transaction speed and is primed to take it to the next level. Whilst others at traditional finance are pondering the potential of this technology and playing the 8 hours x 5 days a week, Dr Palavalli has been empowering his staff to boldly push those limits to 24 hours x 7 days a week. MoonX team built by Dr Palavalli, consists of stock & commodity exchange veterans, blockchain innovators, scientists, award winning mathematician and investment bankers, combining 200+ years of experience is now ready with a suite of financial technologies to propel adaption and innovation, solving biggest problems in the fintech space like never before. Company: MoonX Technologies Ltd Contact: Dr Nithin Palavalli Website: www.moonx.pro Jun20133 Technologyandfinancewereoncepracticedas separateentities, but inthepast fewyears, the two havedrifted towards collaborationtoenable interdependencies achievinggreater synergicvalue. Progressively, technology infrastructurehasbecomeakeycatalyst instrengthening thefinancial marketswhichFintechindustryhasascertained, includingSwissfirmMoonXTechnologies. Working inthe spaceof digital payments, smartwallets, blockchain, digital assets, traditional trading, investment, andcross-borderpayments,MoonXis achievingprominencewiththe leadershipof itsCEO,DrNithinPalavalli.Weexploreboththefirmand itsCEOto learnmore.