Candescent, the leading cloud-based digital banking solutions provider for U.S. financial institutions, has appointed Satheesh Ravala as Chief Technology Officer. Ravala brings more than two decades of experience building enterprise-scale platforms and leading global technology teams across fintech and SaaS.
As CTO, Ravala will accelerate Candescent’s unified platform strategy – advancing AI-driven digital banking, marketplace integrations, and always-on reliability to help banks and credit unions deepen engagement and grow faster. Ravala will work closely with Gareth Gaston, Candescent’s Chief Product Officer, to fulfill Candescent’s commitment to delivering the best digital banking solutions in the market with a future-ready, extensible platform.
“Candescent is redefining what’s possible in digital banking,” said Ravala. “I’m excited to join the team and help scale a platform that empowers financial institutions to innovate with speed and confidence.”
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Ravala most recently served as CTO at Diligent, where he led the development of the Diligent One Platform and oversaw global engineering, IT, and security teams. He previously held senior leadership roles at Intercontinental Exchange (ICE) Mortgage Technology and Ellie Mae, spearheading the Encompass Lending Platform. Additionally, Ravala will be recognized on July 25th as an awardee of the AI100 Awards, a prestigious recognition honoring individuals and organizations that have significantly advanced the fields of Analytics and AI within enterprises.
“Satheesh’s proven ability to scale global technology teams and deliver innovative, enterprise-grade platforms will elevate our technology and deliver even greater value to clients,” said Brendan Tansill, CEO, Candescent. “The addition of his leadership will accelerate our unified platform vision while delivering a product release cadence that our customers can rely on.”
Source: Businesswire