Summary
Overview
Work History
Education
Skills
Accomplishments
Timeline
Generic
Asim Rizvi

Asim Rizvi

New York,NY

Summary

Dynamic Founder and Chief Innovation Officer with a proven track record at RxSense, Nuvolo, UBS and Morgan Stanley, leading global teams and managing budgets exceeding $55 million. Expert in product strategy and technology execution, achieving significant revenue growth and cost reductions. Renowned for visionary leadership and fostering strategic partnerships, driving innovation in complex environments. Forbes Technology Council member and author of five technology software patents.

Overview

24
24
years of professional experience

Work History

Chief Innovation Officer

RxSense
Boston, MA
05.2022 - 09.2024
  • Consolidated disparate RxSense technology and product teams into a single unit across the pharmacy, consumer services, and enterprise services divisions.
  • Transformed RxSense's product and technology talent across three countries from a leadership and technical talent perspective.
  • Delivered several critical products and client initiatives, impacting an exceptional rise in revenue and EBITDA.
  • Reduced technology spending by $10 million over two years, while managing a complex annual technology budget of over $45 million, spanning several services, software, and infrastructure vendors.
  • Led 20 global product, engineering, and DevOps teams consisting of 230 global team members.
  • Advised and prepared RxSense for corporate development due to technology due diligence for funding and exit initiatives.
  • Managed a technology portfolio consisting of AI/ML, analytics, instant claim adjudication, large-scale data warehousing and distribution, as well as consumer-facing web and mobile app products.

Co-Founder | Chief Product & Technology Officer

Nuvolo
Boston, MA
07.2014 - 05.2022
  • Executive member of the Nuvolo board, responsible for innovation and strategy.
  • Led innovation with ownership of corporate and product strategy, product management, user experience, engineering, DevOps, quality assurance, release management, product launch, and go-to-market, and a team of 200 globally.
  • Developed and executed a product and market strategy to grow revenue from zero to approximately $50 million in ARR, and over 250 net new enterprise logos, with a 99% retention rate.
  • Led the build and development of innovation tech centers in Pune, India, and Sofia, Bulgaria, with more than 130 team members to diversify and reduce the cost model for innovation.
  • Led the hands-on architecture and development of patented IP for Nuvolo's Connected Workplace cloud, and mobile platforms resulting in 20 technology patents for Nuvolo and five patents as an author.
  • Led all Nuvolo funding rounds and corporate development activity from a product and corporate strategy perspective, working with investors on valuation, use of funds, revenue plan commits, and product strategy and roadmaps tied to revenue.
  • Led the creation of more than 20 successful technology partnerships to enhance Nuvolo's products.
  • Established a successful product portfolio serving Healthcare, Oil & Gas, Financial Services, Wet Retail, Life Sciences, and several other industries successfully via 25 SaaS products.
  • Managed research and marketing relationships, and represented analysts such as Evercore ISI, BWG, Gartner, Verdantix, Markets and Markets, and other analysts as needed.
  • Won the ServiceNow SaaS ISV of the Year Award in 2017, 2018, 2019, and 2020.
  • Led Nuvolo to the INC 500's list of fastest-growing companies in 2018 due to product vision, technology execution, and market timing.
  • Achieved Gartner quadrant entry for 'Integrated Workplace Management Systems,' 'Cloud Security,' and 'Connected Vehicle and Smart Mobility.'

Senior Director - Head, Global Service Management

UBS Investment Bank
Jersey City, New Jersey
07.2010 - 09.2014
  • As Head of Service Management at UBS, I managed a global team of approximately 100 team members across the US, Europe, and India.
  • Managed a budget of approximately $30 million yearly, composed of software, services, and offshore vendors.
  • Led product strategy and management, engineering, quality, and release management.
  • Consolidated and transformed a disparate technology and process footprint of more than 157 applications into a cohesive process and platform, globally serving over 90,000 users.
  • Achieved annual savings of $13 million a year for service management.
  • Reduced HR software and resource costs by $5 million annually by proposing and delivering a global HR Case Management strategy for UBS.
  • Enabled the organization to leverage automated workflow and orchestration for private cloud migration.
  • Delivered a lean workforce strategy based on offshore MSP use for commodity functions, and an Agile delivery model.
  • Established a product life cycle management process, with a product governance function across all products.
  • Established, nurtured, and leveraged multiple vendor executive relationships for various platforms and products.
  • ServiceNow Technology and Product Roadmap Advisory Board member for three years on behalf of UBS.

Vice President - Head of SM, Monitoring, Reporting

Morgan Stanley, Nyse:ms
New York, NY
07.2000 - 07.2010
  • Served as a technology and innovation leader at Morgan Stanley for ten years.
  • Key leadership positions consisted of External Client Reporting, Infrastructure & Development, Global Monitoring Shared Services, and Global Service Management Shared Services.
  • As Head of Service Management, I worked with the ServiceNow founding team to advise ServiceNow on being enterprise-ready for adoption at Morgan Stanley.
  • As Head of Monitoring, I led a global team of 35 focused on the delivery of event management, monitoring, automation, and predictive analytics across multiple vendors and in-house products.
  • Innovated new and unique products based on predictive analysis about infrastructure capacity, providing early warning indicators to proactively prevent outages.
  • Defined a product and technology strategy that provided warehousing, analytics, automation, and insight solutions, applying data science across hundreds of millions of rows of monitoring data.
  • Implemented a product life cycle management, roadmap delivery, and internal marketing process to gather customer feedback.
  • Streamlined services and event consumption via automated subscription models.
  • Led various vendor relationships and continued to provide innovation feedback for vendors of choice.
  • Exceeded initiatives for the deprecating legacy technologies and implementing a three-tiered architecture for scalable delivery, with annual savings of approximately $5.5 million.
  • Led a global team of 20 focused on solutions development, infrastructure support, and automation for Morgan Stanley’s Prime Brokerage, Institutional Equity, FX, and Commodity businesses.
  • Managed various internal products with a 100% delivery SLA for all external client reporting provided by Morgan Stanley to its clients.
  • Managed a large Documentum infrastructure for all client and internal document storage across Morgan Stanley as a firm.
  • Managed various IPO-related transactions and trading systems for high-profile IPOs, such as Google and several others.

Education

Bachelor of Science - Computer Information Systems

Bernard Baruch College
New York, NY
06-2004

Skills

  • Executive leadership of large global teams
  • Greater than $55 million annual budget management
  • Complex global infrastructure management
  • Complex global project and program management
  • Vendor relationship and cost management
  • Product strategy and life cycle management
  • Technology, cloud strategy, architecture, and execution (AWS, Azure, GCP)
  • Global stakeholder management in various shared services environments
  • Corporate strategy
  • Corporate development and funding
  • Vision and thought leadership
  • Revenue acquisition, go-to-market, and ROI modeling
  • Agile, hybrid-agile, lean SDLC
  • AI/ML strategy and implementation
  • Risk and security management
  • Technology, digital transformation, and consolidation

Accomplishments

  • Reorganized and consolidated disparate innovation and engineering functions across all divisions at RxSense into a single cohesive team and process for delivery and product release
  • Delivered cost savings of approximately $12 million over two years for RxSense across technology functions contributing to a stellar 45% EBITDA
  • Helped establish all corporate functions at Nuvolo as a co-founder
  • Built global tech centers in India and Bulgaria of a total of 160 resources for cost effective innovation
  • Authored of five software patents.
  • Established a product portfolio of 25 applications to devise and deliver a Connected Workplace platform strategy for the IWMS market.
  • Led pitches and secured Seed, A, B and C rounds of funding totaling $50 million for Nuvolo eventually leading to a successful exit with Trane Technologies
    • Built a dominant go to market strategy for Healthcare, Life Sciences, Public Sector, Retail, SMB and Commercial Enterprise resulting in approximately $50 million revenue over a seven-year period in an extremely competitive IWMS market.
  • Closed 300 plus high-profile enterprise logos with product and go to market strategy.
  • Achieved 97% retention rate for all products with high NPS scores.
  • Sustained product revenue margins above 75% for all products taken to market.
  • Built more than 30 technology partnerships to successfully create partner led ‘low cost’ distribution channels.
  • Led the analyst relationship identification and establishment for successful inclusion in various Gartner and Verdantix market quadrants relevant to IWMS.
  • Forbes Technology Council member by invitation.
  • Member of the ServiceNow Technology Advisory Board from 2010 – 2015

Timeline

Chief Innovation Officer

RxSense
05.2022 - 09.2024

Co-Founder | Chief Product & Technology Officer

Nuvolo
07.2014 - 05.2022

Senior Director - Head, Global Service Management

UBS Investment Bank
07.2010 - 09.2014

Vice President - Head of SM, Monitoring, Reporting

Morgan Stanley, Nyse:ms
07.2000 - 07.2010

Bachelor of Science - Computer Information Systems

Bernard Baruch College

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