January 2012
Leading MBS hedge fund renews license for V* RMBS Solutions.
Vichara is proud to announce that it will be exhibiting at the ASF 2012 Conference in Las Vegas. Vichara will be demonstrating its solutions for trading, valuation, surveillance and risk management of fixed income securities including RMBS, CMBS, CLOs and CDOs. The conference begins January 22nd at ARIA Hotel and Convention Center in Las Vegas. We look forward to meeting with you at the conference.
December 2011
Vichara is proud to announce the addition of Jamie Harper as Managing Director of Business Development within the Europe, Middle East and Africa regions. He has over 20 years of experience in the financial services industry. Prior to joining Vichara, Jamie was Vice President of EMEA Sales for Lewtan Technologies. He has also held positions as Head of Sales and Marketing at Thomson IFR, Business Development at Moody’s RMS, Sales & Marketing Director at IFex and Senior Vice-President at Demica. Mr. Harper has studied at Charterhouse School and Southampton University, and lives in Kent, England.
Oaktree Capital Management, L.P. Selects Vichara’s V* CMBS/CRE Solutions for Trading, Risk Management and Deal Flow Management.
June 2011
Vichara is proud to announce that it will be exhibiting at the Global ABS 2011 Conference in Brussels, Belgium as an Associate Sponsor. Vichara will be demonstrating its solutions for trading, valuation, surveillance and risk management of fixed income securities including RMBS, CMBS, CLOs and CDOs. The conference begins June 14th at 8:15am in the Square Brussels Meeting Centre and ends June 15th. We look forward to meeting with you at the conference.
March 2011
Vichara Technologies highly commended at the 2011 Financial Sector Technology (FST) Awards in London in the Risk Management Software of the year category for our cloud-enabled risk measurement and valuation software for RMBS and CMBS market participants.
Michael Hosten joins Vichara as a Managing Director. Mike will lead the marketing and sales efforts in the private and public sectors. Mike has over 25 years of experience selling solutions to Wall Street. Most recently, he worked at Beyondbond, a software house and consultancy specializing in fixed income. Mike's resume includes Sungard, IBI, and Kestrel. Mike has a BA from Howard University and an MA from American University.
January 2011
Vichara Technologies has moved its headquarters from New York to Hoboken, NJ, a thriving area directly across the Hudson River from Manhattan that is home to a variety of businesses. According to the company’s founder and CEO, Atul Jain, "The new location gives the company the best of both worlds: convenient access to all of New York City and the rest of the tri-state area, and more space for future growth. We’re excited to be making this move and look forward to serving our customers from this new location".
September 2010
CoreLogic announces agreement with Intex Solutions and Vichara to enhance cashflow projections and price/yield analytics for Mortgage-Backed Securities.
July 2010
George Fajta join Vichara as managing director. George will serve as Head of Infrastructure and Project Management Office. George comes to Vichara from Exis Capital, where he was CIO, and has also held positions at Eze Castle Integration, Tudor Investment, and Goldman Sachs. He holds a BS in Computer Science & Accounting from NYU.
February 2010
Major money-center bank licenses the V* RMBS platform.
December 2009
DoubleLine Capital licenses the V* RMBS platform.
October 2009
ZAIS Group engages Vichara in a consulting services agreement and licenses its OLAP cube portal.
July 2009
CoreLogic, a leading provider of financial, property and consumer information and analytics, licenses the V* RMBS platform to provide enhanced security and loan-level analysis of non-agency residential mortgage-backed securities(RMBS).
February 2009
Vichara adds a credit OAS module to its V* RMBS Solutions products. This stochastic valuation technique complements the multi-scenario static analysis provided by other modules. By parallelizing our computations on Amazon?s EC2 computational cloud, we are seeing 200-path OAS times under 30 seconds.
After all, deploying technology today requires a lot of thought. Whether it's figuring out what to make better, selecting systems and technologies, designing a flexible solution, developing the software, getting more bang for the buck, or marketing your technology to others, deep thinking and timely execution are always critical success factors. Vichara transcends traditional software consulting by helping clients apply radical thinking to optimize technology development and utilization.
A paradox? No. We start with high caliber software designers with top-notch technical skills and deep domain expertise in the financial services and information technology industries. Then, we leverage their talent with a global software engineering process that exploits cost efficiencies across onshore and offshore development centers to produce high-quality "productized" software.