July 2010
Steven Janowsky and George Fajta join Vichara as managing directors. Steven will serve as Chief Financial Engineer. He comes to Vichara from FX Solutions where he headed risk management, and previously held positions at Clinton Group, Tradeworx, TechHackers, the University of Texas, and Rutgers. He holds PhD and AM degrees in Physics from Harvard and dual BS in Physics and mathematics from MIT. 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.

April 2010
Oaktree Capital Management licenses the V* CMBS platform for analysis of commercial mortgage-backed securities and their underlying loans and properties.

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.