Rajiv Donde has extensive banking, risk management and software development experience. Mr. Donde worked as a bank regulator for the State of Ohio and was head of risk management for a private deposit insurance company. He has authored and developed Early Warning Systems (EWS), to monitor the performance of financial institutions and detect operating weaknesses. In 1996, he co-founded AnyTime Access, an Internet-based lending bank software company, and saw it through to successful acquisition in 2000.
Rajiv Donde has held several C-level positions in both the healthcare and banking industries. He has a Master of Business Administration degree in finance and information systems from Case Western Reserve University, Cleveland, Ohio.
In 2004, Carl Daniel and his associates co-founded Laru. While developing Laru software products, he provided consulting, technology design and development services to national companies and area banks, including Washington Mutual. Carl is responsible for the design and development of all of Laru’s software products and roadmap.
Carl has 30 years of professional experience covering all phases of software development, from initial concept design through technical support as well as serving as tech editor on advanced software programming books. He has been awarded the Microsoft Most Valuable Professional award for nine years.
Carl received his Bachelor of Science degree in electrical engineering from California State University, Sacramento.
What Customers are Saying?
“Tompkins Bank (Tompkins
Financial) considers it critical to understand the transaction-level behavior of our originators. Once these patterns are understood, we establish rules to catch anomalies from those patterns. Not only does this methodology help us with our risk containment objectives, it also identifies marketing and revenue opportunities. We use and recommend Laru’s ACH
Clarity to analyze behavior of originators and ACH Vision to trap anomalous transactions.
“We use Laru’s ACH Clarity
software to help us with NACHA rule compliance as well as Operational, Board and Audit reporting. This process automation has not only eliminated several manual steps previously required, but added consistency and accuracy to our
analytical and reporting capabilities. Several reports are used across the Treasury management functions when originator behavior is assessed periodically. Laru’s ACH Vision product assists us with anomaly detection at the transaction level as recommended by the FFIEC. We highly recommend Laru’s Business Intelligence driven ACH Clarity and Vision products for risk management.”
Vice President, Retail Operations
“As an originating and receiving depository financial institution, ACH Clarity has enabled us to manage and monitor growing ACH transactions.”
Treasury Operations Manager
First Community Bank
“For an originating and receiving depository financial institution, ACH Clarity has enabled us to manage and monitor ACH transactions while FileFox is a simple and effective tool to find errors in ACH file formats and repair them.”
Vice President of Electronic Banking
United Bank and Trust
“As the result of a recent audit, we recognized the need to manage our ACH transactions and files with better controls. ACH Clarity provides those necessary and important tools to accomplish this."
Vice President of Treasury Management