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Aside from nearly three decades working in the finance and banking industry, I possess a masters
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degree in Industrial Management from St. Petersburg University of Precision Mechanics and Optics
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(now ITMO). ITMO is one of the top universities in Russia and the world with a student body of nearly
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14,000 and more than 130 professors and lecturers. Based on my wealth of experience and
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education in the industry, I am expertly qualified to speak to Mr. Tiwaris extraordinary ability in digital
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banking and financial services.
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I am aware of Mr. Tiwaris Digital Bridge contribution via multiple industry forums, such as Banking
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Automation Summit, MoneyLive and others. Several Banks mentioned about the Digital Bridge
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approach as was delivered under Mr. Tiwaris leadership. Mr. Tiwaris Digital Bridge is entirely
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original and attributable to him, it has established itself as the most agile framework in the banking
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industry to replace and roll out modern core banking systems.
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Digital banking and financial services are a rapidly and consistently evolving field, challenging banks
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and organizations that offer financial services to overhaul their systems to meet the digital needs of
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their clients and consumers. This is usually a slow and tedious process, which also risks loss of data,
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functional discrepancies, and long amounts of lost time. Mr. Tiwari overcame these issues by
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creating a simplified solution and system, which is now called Digital Legacy Decomposition and
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Automated Integration Framework, in the industry Digital Bridge for short. To summarize simply,
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Mr. Tiwaris Digital Bridge completely transforms the approach to transitioning away from the old
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systems, acting as an intermediary layer, which speeds up and streamlines an organizations
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migration to new systems.
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Mr. Tiwaris Digital Bridge has been hugely disruptive in the field, offering numerous benefits. First,
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it reduces risk by adding an in-between layer which drastically reduces the risk of data loss and
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mistakes. It is also helps organizations save money. These types of migrations have historically been
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financially draining to organizations, and Digital Bridges speed reduces the cost of operational
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downtime. Additionally, the stability of the API structure allows financial organizations and
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organizations offering financial services to keep adopting new functionalities without inconveniencing
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their current users by avoiding this downtime. The modular methodology fosters easy updates and
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improvements, which makes it a good long-term choice for future tech changes, which is critical in
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this ever-changing field.
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I will outline a few impacts of this frameworks as it has clearly established itself the got to framework
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for core transformation. Before this framework, there existed no way to perform a Realtime
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transformation, usually one had to take multiple long stages which included 3 to 5 years long
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exercise, accumulating high amount of failure risks. Since Digital Bridge includes predefined 100+
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APIs, systematic backward compatibility with more than 25 core systems and most importantly
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outlines off the shelf agile orchestration mechanism, this timeline has been compressed to 12 to 18
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months and since it enables a new hub and spoke architecture, it de-risks the entire migration
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completely as it allows the bank to continue to run the old core indefinitely and decide on cutoff of
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their choosing.
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In the last 5 years we (Accenture) have taken this approach across 30+ countries in APAC, EMEA
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and ANZ region across multiple banks. We delivered more than 40 Core banking transformation,
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saving our clients more than $2 billion in costs. More recently Mr. Tiwari has expanded this
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framework to Credit card systems, Payment switching and settlements, which has enabled several
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banks, and service providers like us to simplify core transformation across the board. We continue
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to leverage this novel technique and help our clients across the industry not only limited to North
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America but across EMEA, APAC and ANZ regions.
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Given the innovative nature and global impact of Mr. Tiwaris Digital Bridge contribution, I earnestly
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endorse him as among the top 1 to 2% of experts in digital banking and financial services. I strongly
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believe the U.S. will continue to benefit from Mr. Tiwaris extraordinary abilities in his field, and I
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avidly recommend the approval of the petition on Mr. Tiwaris behalf.
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Sincerely,
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Srinivas Chuck Chakravarthy
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Managing Director, West Lead for HiTech XaaS Practice
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Accenture
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Saratoga, CA
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Phone: +1 4086219656
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Email: s.r.chakravarthy@accenture.com
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November 9, 2023
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U.S. Department of Homeland Security
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U.S. Citizenship and Immigration Services
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Re: Extraordinary Ability Petition for Mr. Siddharth Tiwari
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Dear Sir or Madam:
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Please accept this letter detailing the extraordinary ability and unique expertise of Mr. Siddharth Tiwari in the field
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of digital banking and financial services. He is an innovative expert at the intersection of consulting, technology,
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and banking, who has acted as a judge for the work of other professionals in the field, and who also holds
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memberships in organizations that require outstanding achievements of their members. The intersection of his
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experience with technology and the financial and banking sectors shapes his ability to offer unique insights and
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drive exceptional transformations with leading financial institutions across the world. Based on my observation of
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his high regard in the industry as evidenced by prestigious memberships and his repeated invitation to act as a
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judge of the work of other professionals in the field, it is evident that Mr. Tiwari exhibits an extraordinary ability in
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digital banking and financial services.
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My name is Raghvendra Singh, and I am currently a Machine Learning Engineer Leader with Meta in New York,
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NY. I am responsible for leading delivery of responsible AI across key banking, payments and financial services
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