TSL Express Daily News
The Secured Lender
SFNet's The 81st Annual Convention Issue
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Top 5 Apps for Organizing
Mar 7, 2019If you’re like most of us, we try to stay organized in business and life, but it gets increasingly complicated…
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The Importance of Stretching
Mar 7, 2019Every personal trainer and athletic coach I have ever worked with has stressed the importance of stretching. When working out…
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SFNet's 40 Under 40 Award Winners Panel Recap
Mar 6, 2019Moderator: Samantha Alexander, regional underwriting manager, Wells Fargo Capital Finance’s Corporate Asset Based Lending group and 2016 CFA 40 Under…
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SFNet's Inaugural YoPro Leadership Summit
Mar 6, 2019The Secured Finance Network brought together the next generation of commercial finance leaders for a full day of learning and…
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It’s a Marathon, Not a Sprint
Aug 22, 2018I was recently invited to participate in an executive panel to answer questions from a credit training class comprised of...
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It’s Not Too Late – Five Member Benefits to Cash In On Now
Aug 1, 2018As we hit the half way mark on calendar year 2018, it is a good time to take stock and…
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It’s Time To Break Up With Your Phone
Jul 18, 2018Do I have your attention? Let’s be honest here: do you have the attention span to read this article? Compared…
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Lien Management – What You Need to Know
Jun 6, 2018UCC filing is the cornerstone of all loans and every lien portfolio...
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Potential Impacts of Blockchain on Commercial Lending
Jan 15, 2018By Raja Sengupta, Executive Vice President and General Manager, Wolters Kluwer’s Lien Solutions When it comes to the rising importance…
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How to be a Good Leader
Dec 5, 2017I know what you’re thinking…another article about how to be a good leader? The short answer is yes…but this time,…
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Fintech and Due Diligence – Disruptors and Established Firms Evolve
Oct 30, 2017The fintech sector has gone through a number of manifestations in the past two decades.
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A Commercial Banker’s Tickler Transition Plan
Oct 18, 2017Just do a keyword search for “bank tickler,” and you’ll quickly realize that banks are still heavily reliant on manual…
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Understanding and Developing Your Personal Brand: Four Steps to a More Intentional Career Progression
Sep 5, 2017It is imperative for individuals to have a general idea about their future career aspirations, just as companies should have clearly defined strategies.
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Selecting a Technology Vendor: 3 Questions to Ask
Jul 5, 2017As with anything else at your bank, selecting a technology vendor can be a challenging decision. Users from across different…
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Why Back-Office Lending Automation Enhances Customer Satisfaction
Apr 25, 2017Every bank strives to keep its customers happy. Of course, some institutions are better at achieving this goal than…
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The Lost Art of the Loan Purchase
Mar 2, 2017Purchasing a loan directly from a bank whether at par or discount is a not-often-used technique that is easily…
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Audit Prep: Why a Paperless Approach Makes Sense
Feb 15, 2017How much time does your financial institution spend preparing for audits? We recently surveyed 187 community banks, and the results…
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Back Office Support Services: Helping you approve more clients
Feb 7, 2017How many times have you come across a potential client who’s financials are either not up to date, not accurate,…
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“All Assets” is the Key When Drafting UCC-1 Financing Statement Collateral Descriptions
Jan 30, 2017Even when prepared by outside or in-house counsel, many lenders pay close attention to draft UCC financing statements before they…
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Paper Loan Files: Does Your Bank Know the True Cost?
Jan 12, 2017Sure, there’s a tangible cost associated with deploying an electronic loan imaging system. Software, support, and scanning hardware are just…
December 2, 2021
Source: Alvarez & Marsal
Devang Shah, a recognized digital transformation expert, joins as Senior Director in the firm’s Digital and Technology Services practice
New York, NY - Leading global professional services firm Alvarez & Marsal (A&M) has appointed Devang Shah as Senior Director in the Digital and Technology Services practice within its Corporate Performance Improvement (CPI) group. Mr. Shah’s hire advances A&M’s digital and technology bench strength for helping clients maximize value amidst post-pandemic and constrained labor market challenges.
With over 23 years of leadership experience, Mr. Shah focuses on driving significant, profitable growth for clients, while helping them maintain cost reductions and productivity and performance improvements. He brings extensive enterprise transformation, digital information technology management and performance improvement expertise alongside his in-depth knowledge of the financial services and human capital sectors.
“Solving for the transformation challenges of today and tomorrow is rooted in the deep digital and technology expertise that Devang provides our firm and our clients,” said Jean Hill, Managing Director and National Solution Leader of A&M’s Digital and Technology Services practice. “Devang’s background complements our existing service offerings and aligns with our operational, results-driven heritage. His understanding of transformation across finance, sales, marketing, and IT functions, supported by his artificial intelligence (AI) and data science knowledge, provides a 360-degree view for helping clients drive change.”
Prior to joining A&M, Mr. Shah was the founder and CEO of Sproutlogix, an innovative human resources technology firm focused on upskilling employees through leveraging artificial intelligence (AI) and data science. In this role, he led finance, sales, marketing, IT and overall strategy for the company, spearheaded the company’s expansion into Australia, Eastern Europe, North America and Pan-Asia, and orchestrated revenue accretive acquisitions.
Mr. Shah also served as a senior technology leader and growth enabler for various companies including IBM, American Express, Merrill Lynch (Bank of America), BearingPoint (Part of KPMG) and Citigroup.
“The need for bespoke solutions that harness the powerful benefits of data, digital and technology will continue to grow,” said Mr. Shah. “A&M’s integrated platform, execution orientation and commitment to senior leader-directed client engagements fuel our ability to drive transformation and deliver results.”
Mr. Shah holds a bachelor’s degree and MBA from New York University-Stern School of Business. He is a noted thought leader on best technology practices for driving employee engagement.
About Alvarez & Marsal
Companies, investors and government entities around the world turn to Alvarez & Marsal (A&M) for leadership, action and results. Privately held since its founding in 1983, A&M is a leading global professional services firm that provides advisory, business performance improvement and turnaround management services. When conventional approaches are not enough to create transformation and drive change, clients seek our deep expertise and ability to deliver practical solutions to their unique problems.
With over 5,500 people across four continents, we deliver tangible results for corporates, boards, private equity firms, law firms and government agencies facing complex challenges. Our senior leaders, and their teams, leverage A&M’s restructuring heritage to help companies act decisively, catapult growth and accelerate results. We are experienced operators, world-class consultants, former regulators and industry authorities with a shared commitment to telling clients what’s really needed for turning change into a strategic business asset, managing risk and unlocking value at every stage of growth.
To learn more, visit: AlvarezandMarsal.com. Follow A&M on LinkedIn, Twitter, and Facebook.

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