With strategic hiring plans, continuous upskilling of its workforce, and an eye on an IPO in 2026, the company is set to play a pivotal role in shaping the future of banking technology.
During a recent interview with TechGig, P. Venkatesh, the Director – Thought Leadership at Maveric Systems took out time to elaborate on the perspectives of the company’s growth path, the hiring plan, and new ideas. While laser-focused on banking technology, Venkatesh brought attention to the disruptive technologies that power the services sector and Maveric’s plans, including going public via an IPO in 2026.
Hiring Strategy: A mix bag of Niche and Generic Skills
Maveric Systems has a sound strategy for the same and is already hiring-oriented for the fiscal year 2024 to 2026. In their dealing with the dynamics of digital skills, the company would like to strike a balance between niche and generic skilled employees .“We are focused on onboarding a balanced mix of generic and niche skills to meet current and future industry demands,” Venkatesh explained.
When it comes to general skills, the company is directing its attention toward IT specialists and individuals who possess in-depth knowledge of Digital Technologies, Cloud Computing, DevOps, and Data Engineering – which are highly significant to the setup of today’s technologies. At the same time, the company is uncompromising in expanding into more specific segments including Natural Language Processing (NLP), Generative AI, and Machine Learning, being aware of their importance to the innovation process.
It also involves outsourcing recruitment from the market for 25-30% for urgent requirements while focusing on fresh talent. Freshers and those with up to three years of experience will also benefit from a two-month program aimed at putting them in a position to handle challenging positions. “This training program provides hands-on project experience, ensuring that new hires are future-ready,” Venkatesh added.
Disruptive Technologies: AI, Blockchain, and Beyond
Being in the banking technology sector, the company does have its eyes set on disruptive technologies changing the banking space. He emphasized that it is crucial not to look at such innovations in isolation, but as groups of innovations that, when implemented, can recast whole processes.
“Cloud, AI, and applications are revolutionizing how organizations manage and use information,” Venkatesh said.
Blockchain remains a key area of focus for Maveric, especially in platforms designed for multilateral engagement scenarios such as trade finance, capital markets, and payments. “Blockchain-enabled platforms are driving greater transparency and security across financial processes,” he said, reinforcing the technology’s relevance to banking and capital markets.
Preparing for the Future: AI, AR, and VR
Looking into the future, AI and Blockchain, AI as well as new media technologies, including augmented and virtual reality. “We are moving from generic AI models to context-specific ones, with banking and wealth management platforms already emerging,” Venkatesh stated.
Upskilling and Reskilling
The company boasts of a unique approach to growing internal talent through upskilling as well as cross-skilling. Moreover, Venkatesh and the company believe that around 6% of total revenues are spent on learning and development initiatives that prioritize the support of cloud and AI systems.
“Our upskilling efforts are tailored to our associates’ competencies and any adjacent skills they may need. We are enhancing our data engineers’ capabilities in low-code data platforms, big data, and AI-essential skills,” Venkatesh explained.
On the other hand, reskilling initiatives are drawn to relatively new programming languages such as Dart because it is closely related to Flutter. The firm is also guaranteeing that staff are enlightened on the use of AI assistants due to the growing popularity of AI tools in the market.
IPO Plans for 2026
The management of Maveric Systems still has major expansion objectives for the future, including the possibility of a public offering as soon as 2026. Venkatesh said that the timing of the IPO is about funding selective acquisitions, especially in cloud, data, and AI and to expand the technologies within North America.
“We see an opportunity to become a significant player in the banking tech vertical through selective acquisitions and organic growth,” he stated. The IPO will also provide liquidity for investors and employees, enhancing Maveric’s visibility both domestically and globally.
Conclusion
With strategic hiring plans, continuous upskilling of its workforce, and an eye on an IPO in 2026, the company is set to play a pivotal role in shaping the future of banking technology.
About the Author
As the Co-founder and whole-time Director at Maveric, P Venkatesh (PV) leads the global thought leadership function aimed at shaping and promoting Maveric’s perspectives as well as expertise in the banking technology space. By building relationships with industry influencers, partners and BankTech ecosystem leaders, PV drives creation of impactful frameworks, methodologies and landscape reports that provide informed perspectives on new age technologies that shape the BankTech space.
Originally published in TechGig
