Recognise Bank Appoints Sahil Thapa as CTO
- He worked for over ten years at Deutsche Bank.
- Thapa was previously employed by Standard Chartered Scope International.

Additionally, the bank announced Thapa would head up its newly created innovation team, following the latest GBP 8.5 million fundraise. Thapa will guide Recognise Bank’s existing and future technology needs. In addition to creating new revenue streams, the team will develop new products and services.
“Our strategy will be to consolidate and build around Recognise Bank’s existing cloud Cloud The cloud or cloud computing helps provides data and applications that can be accessed from nearly any location in the world so long as a stable Internet connection exists. Categorized into three cloud services, cloud computing is segmented into Software as a Service (SaaS), Infrastructure as a Service (IaaS), and Platform as a Service (PaaS). In terms of trading, the versatility of the cloud service allows retail traders the ability to test out new trading strategies, backtest pre-existing concepts performing run time series analysis (or trend analysis), and execute trades in real-time.Advantages of Cloud Computing in TradingAn advantage that stems from cloud computing would be that entities don’t need to construct a data center infrastructure themselves.Instead, entities can conduct trials and perform refinements, and should no solutions pan out then the cloud may be shut down while the payment terminated at the same time. This methodology of renting virtual space and time in cloud tends to be far more appealing than the costs, time, and resources required with constructing hardware and software infrastructures.These also happen to be the exact concept used in SaaS with trading related software.While executing trades via the cloud is an important capability to keep intact, most retail traders are drawn to the cloud for the research, backtesting, and analytics advantages that stem from using the cloud. In forex, traders that use Expert Advisors (EAs) and automated trading software are uploading their solutions onto a broker’s cloud account. The cloud is an ecosystem for multiple industries, sectors, and niches. Its versatility has not been peaked while in trading many retail traders are transitioning to cloud computing as a means to reduce expenditures, optimize efficiency, and maximize available resources. The cloud or cloud computing helps provides data and applications that can be accessed from nearly any location in the world so long as a stable Internet connection exists. Categorized into three cloud services, cloud computing is segmented into Software as a Service (SaaS), Infrastructure as a Service (IaaS), and Platform as a Service (PaaS). In terms of trading, the versatility of the cloud service allows retail traders the ability to test out new trading strategies, backtest pre-existing concepts performing run time series analysis (or trend analysis), and execute trades in real-time.Advantages of Cloud Computing in TradingAn advantage that stems from cloud computing would be that entities don’t need to construct a data center infrastructure themselves.Instead, entities can conduct trials and perform refinements, and should no solutions pan out then the cloud may be shut down while the payment terminated at the same time. This methodology of renting virtual space and time in cloud tends to be far more appealing than the costs, time, and resources required with constructing hardware and software infrastructures.These also happen to be the exact concept used in SaaS with trading related software.While executing trades via the cloud is an important capability to keep intact, most retail traders are drawn to the cloud for the research, backtesting, and analytics advantages that stem from using the cloud. In forex, traders that use Expert Advisors (EAs) and automated trading software are uploading their solutions onto a broker’s cloud account. The cloud is an ecosystem for multiple industries, sectors, and niches. Its versatility has not been peaked while in trading many retail traders are transitioning to cloud computing as a means to reduce expenditures, optimize efficiency, and maximize available resources. Read this Term-based digital banking stack and introduce new products and services, while creating seamless integrated experiences for the bank’s stakeholders: partners, intermediaries, employees and customers. We will leverage data driven analytics to assist decision-making and build solutions for customer and business needs. At Recognise Bank, we will use technology, data and our SME banking experience to create products and services that help companies do more business and do it better,” Thapa commented.
Professional Background
During his tenure at the German bank, he worked as EM Flow Trader on the macro trading desk, Deb Strat and as a Quantitative Analyst. Prior to joining Deutsche Bank, Thapa worked as a Business Analyst for Standard Chartered Scope International for almost two years. In addition, he was a Research Intern at the University of Pennsylvania and INRIA.
He was an Institute Lawn Tennis Secretary at the Indian Institute of Technology in Bombay for nearly one year. According to his educational background, he earned a bachelor’s degree in Computer Science and Engineering from the Indian Institute of Technology. Thapa holds several certifications, including one from the UK’s Financial Conduct Authority.
According to his LinkedIn profile, he started to work at the digital SME banking startup in May.
Additionally, the bank announced Thapa would head up its newly created innovation team, following the latest GBP 8.5 million fundraise. Thapa will guide Recognise Bank’s existing and future technology needs. In addition to creating new revenue streams, the team will develop new products and services.
“Our strategy will be to consolidate and build around Recognise Bank’s existing cloud Cloud The cloud or cloud computing helps provides data and applications that can be accessed from nearly any location in the world so long as a stable Internet connection exists. Categorized into three cloud services, cloud computing is segmented into Software as a Service (SaaS), Infrastructure as a Service (IaaS), and Platform as a Service (PaaS). In terms of trading, the versatility of the cloud service allows retail traders the ability to test out new trading strategies, backtest pre-existing concepts performing run time series analysis (or trend analysis), and execute trades in real-time.Advantages of Cloud Computing in TradingAn advantage that stems from cloud computing would be that entities don’t need to construct a data center infrastructure themselves.Instead, entities can conduct trials and perform refinements, and should no solutions pan out then the cloud may be shut down while the payment terminated at the same time. This methodology of renting virtual space and time in cloud tends to be far more appealing than the costs, time, and resources required with constructing hardware and software infrastructures.These also happen to be the exact concept used in SaaS with trading related software.While executing trades via the cloud is an important capability to keep intact, most retail traders are drawn to the cloud for the research, backtesting, and analytics advantages that stem from using the cloud. In forex, traders that use Expert Advisors (EAs) and automated trading software are uploading their solutions onto a broker’s cloud account. The cloud is an ecosystem for multiple industries, sectors, and niches. Its versatility has not been peaked while in trading many retail traders are transitioning to cloud computing as a means to reduce expenditures, optimize efficiency, and maximize available resources. The cloud or cloud computing helps provides data and applications that can be accessed from nearly any location in the world so long as a stable Internet connection exists. Categorized into three cloud services, cloud computing is segmented into Software as a Service (SaaS), Infrastructure as a Service (IaaS), and Platform as a Service (PaaS). In terms of trading, the versatility of the cloud service allows retail traders the ability to test out new trading strategies, backtest pre-existing concepts performing run time series analysis (or trend analysis), and execute trades in real-time.Advantages of Cloud Computing in TradingAn advantage that stems from cloud computing would be that entities don’t need to construct a data center infrastructure themselves.Instead, entities can conduct trials and perform refinements, and should no solutions pan out then the cloud may be shut down while the payment terminated at the same time. This methodology of renting virtual space and time in cloud tends to be far more appealing than the costs, time, and resources required with constructing hardware and software infrastructures.These also happen to be the exact concept used in SaaS with trading related software.While executing trades via the cloud is an important capability to keep intact, most retail traders are drawn to the cloud for the research, backtesting, and analytics advantages that stem from using the cloud. In forex, traders that use Expert Advisors (EAs) and automated trading software are uploading their solutions onto a broker’s cloud account. The cloud is an ecosystem for multiple industries, sectors, and niches. Its versatility has not been peaked while in trading many retail traders are transitioning to cloud computing as a means to reduce expenditures, optimize efficiency, and maximize available resources. Read this Term-based digital banking stack and introduce new products and services, while creating seamless integrated experiences for the bank’s stakeholders: partners, intermediaries, employees and customers. We will leverage data driven analytics to assist decision-making and build solutions for customer and business needs. At Recognise Bank, we will use technology, data and our SME banking experience to create products and services that help companies do more business and do it better,” Thapa commented.
Professional Background
During his tenure at the German bank, he worked as EM Flow Trader on the macro trading desk, Deb Strat and as a Quantitative Analyst. Prior to joining Deutsche Bank, Thapa worked as a Business Analyst for Standard Chartered Scope International for almost two years. In addition, he was a Research Intern at the University of Pennsylvania and INRIA.
He was an Institute Lawn Tennis Secretary at the Indian Institute of Technology in Bombay for nearly one year. According to his educational background, he earned a bachelor’s degree in Computer Science and Engineering from the Indian Institute of Technology. Thapa holds several certifications, including one from the UK’s Financial Conduct Authority.
According to his LinkedIn profile, he started to work at the digital SME banking startup in May.