Claimed as the most awarded CEO of Finertech, Ragchaabazar Bud narrates the story of this wonder company that will change the way businesses leverage data, manage talent, and innovate. Ragchaabazar is deeply rooted in real-life challenges and major accomplishments. With over 15 years of experience working on pioneering projects for leading global companies such as Visa and Fidelity Investments, and contributing to the national tax system in Mongolia.
Ragchaabazar shares how his early interest in technology drew him to the world of Finertech in 2023 and how that vision has matured to fill in important gaps in the areas of data application and talent management. He elaborates that ‘Data Alchemy’ is Finertech’s unique transformational formula that converts unrefined data into insightful information and then goes on to explain how the company uses cutting-edge technology, even AI-powered neural networks, to create relevant solutions for its client base.
Ragchaabazar continues to advocate for a balance between innovation and practicality in leadership, for nurturing an inclusive team environment. For his drive to extend infrastructure even to small enterprises that would otherwise find such investments too large. Besides, Ragchaabazar predicts that AI and real-time technology will keep altering the business environment, thereby illustrating how Finertech is readying itself for the disruptions that come along.
This interview offered a refreshing insight into the leadership vision of Ragchaabazar Bud, his futuristic plans for Finertech, and the legacy he aspires to create as a transformational leader in data-driven innovation.
Born, virtually, with a drive to technology, whose desire to build something from the earth up has continued to grow to what it is now. He has spent in the high-tech field for over 15 years with operations of creating innovative software applications for the large corporate giants that include Visa, Fidelity Investments, and American Express. The general observation he has seen is that both huge organizations and startups have found it to be quite a task the fully utilise their data as well as align it with specific strategic goals.
This is the thrust that drove him to start Finertech in 2023. His excitement to start a company about Data Alchemy and Talent Strategy stems from witnessing data-driven decisions that yield good talent to transform organizations. It should be simple enough to make the complexity easy to survive on data and software solutions, in his opinion.
The first purpose of Finertech was pretty much to develop IT scalable solutions for small and startup businesses with features otherwise reserved for large-scale enterprises. Over time, however, it transcended its vision and has honed it into a complete strategy for data insights, product life cycle management, and strategic talent solutions that will enable the business to be successful.
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At first, it was created to develop scalable IT solutions, making small businesses and startups compete with features and functionalities enjoyed by large-scale enterprises. However, this vision soon transformed into an all-inclusive strategy embracing data insights, lifecycle management of products, and strategic talent solutions, leading toward business growth.
Always keeping close contact with clients in their journeys from simple to enjoyable state-of-the-art yet very much executable solutions, he identifies with innovation coupled with a practical approach. There has just been enough provocation by experiences with a really large system, such as Visa’s enterprise Merchant Portal, where transaction monitoring was improved for over 10,000 clients under his sponsorship. Viewing his experience with a large system like Visa’s Enterprise Merchant Portal, where transaction monitoring had been done for over 10,000 clients, inspired him to realize solutions for real business problems with long-term value.
He keeps the best balance between solutions that are state-of-the-art and yet implementable by being near clients during the entire journey. With example experience from very large systems like that of a Visa Enterprise Merchant Portal, where he has improved his transaction monitoring on 10,000 clients. He is now committed to building solutions to real business problems and enabling long-term value.