Throughout modern history, the financial services industry has produced numerous forward-thinking individuals who have made significant impacts on the world through their innovative thinking and big-picture vision. Among these visionaries is Arun Velu, a multi-talented individual who is renowned for his contributions to innovation and product development. As the Director of Advanced Analytics at Equifax, Velu has dedicated himself to the mission of making credit data accessible to all.
Arun Velu is an expert in a range of fields, including Machine Learning, Artificial Intelligence, Business Analytics, Product Development and Data Visualization. He has made a name for himself in the financial services industry by prioritizing innovative product development. Arun is dedicated to creating a future where people and organizations are well-informed and empowered to make the best financial decisions. His vision is embodied in products such as Workforce Financial IQ, Equifax Core Credit, Equifax Credit Monitor and Equifax Complete, which offer long-term solutions that benefit both individuals and businesses.
One of the focal points of Arun’s career has been building a portfolio of path-breaking products. For instance, Workforce Financial IQ revolutionized the benefits services industry by empowering companies with insights into their employees’ financial well-being. With its comprehensive features and data-driven insights, Workforce Financial IQ offers numerous advantages that make it an indispensable tool for businesses. Another example is Equifax Core Credit, which has been utilized by millions of Americans to check their credit scores for free. Furthermore, Equifax Complete has enhanced the industry by offering personalized insights and recommendations based on users’ credit profiles. Additionally, numerous companies and state governments have included Equifax Complete in settlement packages to safeguard consumers from identity theft.
When it comes to building a successful product, Arun shares the following pro tips:
- A foundational understanding of complex data structures is essential for delivering a state-of-the-art user experience.
- Anchoring the product’s utility to solve end consumers’ major pain points.
- Continuous monitoring of product engagement and iterating to incorporate a positive feedback loop into the future releases of product updates
Throughout his career, Arun has been instrumental in driving growth and innovation in analytics. Before joining Equifax, he held senior positions at renowned organizations, where he successfully led data-driven initiatives and delivered impactful results. Arun’s strong analytical acumen, combined with his ability to translate complex concepts into actionable insights and user-friendly products, has earned him a reputation as a trusted advisor and thought leader in the industry.
After graduating from Duke University, Arun Velu became a data scientist and product developer with a passion for improving credit reporting and consumer awareness. Moving forward, he plans to continue creating innovative products that enable individuals to achieve their credit goals through data democratization. When he’s not working, Arun enjoys playing cricket for fun in the Atlanta Cricket League.
Arun Velu commands immense respect as a leader in the financial industry. His groundbreaking product development work is transforming the field and lives on a massive scale. An inspiration to many professionals, Arun’s unwavering passion and collaborative spirit are driving extraordinary accomplishments. His invaluable contributions are forging a path toward a brighter future, with each product serving as a stepping stone toward this vision.
