Vice President, BFSI
Balaji leads the Global Large Deal Solutions Practice across the Verticals of Banking, Financial Services & Insurance at Wipro. In his 22+ year career spanning Consulting and Professional Services, he has served Top 10 Global Banks & Financial Services Institutions and assisted them in their business-critical technology initiatives.
Balaji has driven thought leadership across Risk & Compliance, Payments, Consumer Banking, Mobility, Mortgages, Commercial & Transaction Banking, Middle & Back Office Transformation etc. He has participated at various industry forums and interacts regularly with leading Analyst firms
Balaji holds a BS from the Indian Institute of Technology and a MBA from the Indian Institute of Management. He is based in New York, NY.
Posted by: Balaji Yellavalli | November 28, 2013
The US is the largest home loan market in the world with over 70 million mortgage holders and US$10 Trillion in loans outstanding. While the top 6 domestic banks corner a bulk of market share, the industry is rapidly getting ancillarized and specialized. Home ownership rates have not significantly fallen since the subprime crisis of 2007-2008 and are stabilizing at a healthy 65%.
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