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SunTec Business Solutions Bolsters Core Leadership Team; Appoints Michael Yesudas as CTO

Bangalore/Thiruvananthapuram/USA, 7 September 2021: SunTec Business Solutions, the world’s #1 relationship-based pricing and billing company, today announced the appointment of Michael (Mike) Yesudas as Chief Technology Officer.

Mike will be part of the company’s leadership team and will be based out of the USA. He will drive and head the technology and engineering functions, including platform engineering, product engineering, and release engineering teams. He will particularly focus on the development of the company’s next-gen platform that will seamlessly integrate with third-party APIs and is built with a focus on architectural excellence, to provide flexibility and extensibility for an open banking environment.

On his appointment, Nanda Kumar, CEO and Founder of SunTec said, “Mike joins us at a very crucial time when business ecosystems across the world are getting rapidly digitized, creating a conducive environment where we can move closer to our dream of delivering multi-industry products that can manage the value chain of these evolving business ecosystems. His diverse experience across AI applications, cloud, big data, and mobile technologies will help us enhance our core product strength and our software development capabilities, using Software 2.0 as well as cloud and edge computing for faster processing. His leadership will be significant for us as we widen our reach in high-volume transaction industries. I am confident that Mike will enable us to transform our current platform into a brilliant cognitive platform of tomorrow.”

Mike Yesudas said, “I am glad to be a part of a forward-thinking organization such as SunTec. I believe my years of experience of driving innovation globally will help me establish the next phase of growth for the company and our customers. Collaboration will be key to offer this next-gen experience. It requires building a marketplace, partner infrastructure, governance and security policies, and a robust, best-of-breed, and scalable platform. It is this combination that will enable our customers to leapfrog ahead using technology as an enabler.”

Mike comes with nearly three decades of experience across organizations, including IBM, Sterling Commerce, GE, and HP where he has played several significant technology leadership roles. In his previous role in IBM, he was an IBM Distinguished Engineer and the CTO of IBM Sterling and AI Applications Expert Labs. He was responsible for developing and executing the technology vision for retail and non-retail solutions, driving innovations and services, and helping customers become more competitive with improved technology solutions worldwide.

Mike did his BTech at IIT Kharagpur and has an MS in Engineering from the University of Houston and MS in Computer Science from Monash University. He holds several U.S. and International Patents and has been a CISSP Certified Security Expert for 15 years.
SunTec operates globally across 45 countries such as, USA, UK, Germany, UAE, Singapore, Canada, Australia, and India. The company has more than 130 clients in the banking, telecom, and travel industries.

About SunTec:
SunTec is the world’s #1 relationship-based pricing and billing company. More than 130 clients in 45+ countries rely on SunTec to provide hyper-personalized products, offers, pricing, loyalty programs, and billing for over 400 million end-customers. SunTec products are based on our cloud-native and cloud-agnostic, API first, micro-services-based proprietary platform, Xelerate and are delivered on-premise, on private cloud and as SaaS. SunTec has global operations including the USA, UK, Germany, UAE, Singapore, Canada, Australia, and India. For more information, please visit us at www.suntecgroup.com or email us at [email protected]

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