Pyxis Systems Pvt. Ltd. is promoted by Nandlal Bhatkar, an ex-trader & Sunil Nikhar, a technocrat.

Nandlal Bhatkar (Johnny)

Nandlal was based out of Singapore for several years when he headed structured derivatives business for American Express Bank overseeing the Asia Pacific region. He created customized solutions for bank’s clients using vanilla and exotic FX, Rates & Equity derivatives.

Subsequent to his stint at American Express Bank, Nandlal founded Origin Risk Management, a leading derivatives consulting firm, in October 2001. Origin worked with many banks in drawing up their Risk Management framework , conducted derivatives & risk management training for front, mid & back office staff, helped in 3rd party Risk Management system implementation as well as developed his own analytics library for pricing structured products. During this period he worked with several leading banks including ABN Amro, Axis Bank, Kotak Mahindra Bank & Standard Chartered Bank.

Nandlal holds a Bachelor of Chemical Engineering from University of Mumbai and an MBA (PGDM) from IIM, Ahmedabad.

Sunil Nikhar

Sunil is a founder and CEO of Ascent Computing Group, Inc USA. Ascent was acquired by Chinadotcom in 2003 (NASDAQ: CHINA). Sunil was instrumental in providing Ascent the strategic directions that enabled Ascent to get into the Inc 500 and Fast 500 lists. Ascent was also ranked in si100 (Silicon India 100) list for the year 2000, 2001 and 2002. During Sunil's leadership, Ascent consummated various financial projects and solutions including a comprehensive solution for financial derivatives.

Sunil has worked with several reputed companies such as IBM Corporation, Matsushita, Sony Corporation, TransAmerica, Glaxo Pharmaceuticals etc. in various technology and management roles.

Sunil was selected as a finalist in ‘Ernst & Young Entrepreneur of the Year award' in the year 2000 and 2002 from Southwest Connecticut and New York Hudson Valley.

Sunil holds a B.Tech and M.Tech in Computer Science and Engineering from the Indian Institute of Technology (IIT), Mumbai, India. Sunil also has an MBA (PGDM) from the IIM, Ahmedabad, India.

Both Nandlal and Sunil bring in rich and diverse sets of skills from the derivatives and information technology domain.

Team Members

Almost every member of our team has one or more advanced degree and/or other credential. The cultural diversity of our team brings with it experience from around the globe. Most of the employees have engineering / Msc Math background and are from top technology (IITs) / management institutes (IIMs). We leverage our in-depth market knowledge and experience to provide cutting-edge business solutions for our clients that helps them become globally competitive in the derivatives market.

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