GFT Technologies Appoints USA CTO to Elevate The Role of AI in Banking, Private Equity and Manufacturing

Tech Veteran Kaushal Sheth to Lead AI Innovation Beyond Gen AI with the Introduction of Experiential Intelligence to Enterprises’ Core Operations

NEW YORK--(BUSINESS WIRE)--Global digital transformation company GFT Technologies today announced the appointment of Kaushal Sheth as its CTO, USA. The 30-year technology veteran co-founded and served as Executive Director of Sophos Solutions, before the company was acquired by GFT. Now, as GFT’s USA CTO, Sheth is expanding GFT’s AI capabilities, with a focus on AI solutions and agents guided by experiential intelligence. For financial institutions and manufacturers, these solutions will introduce a new level of recall and behaviors to their operations, significantly increasing their competitive advantage and productivity.

Currently, 88% of companies have integrated AI into at least one business function. At the enterprise level, however, many have not scaled these isolated use cases beyond the pilot stage or throughout the organization. In order to see AI’s evolving value, it’s essential for businesses to move beyond experimentation and towards a company-wide foundation built to support the seamless introduction of new AI use cases.

GFT has navigated major market shifts for its global financial services and manufacturing clients for over 35 years. Now, with the appointment of Sheth, the company will guide institutions into the AI era, enabling them to build secure AI architecture–either from the ground up or on top of modern foundations they’ve already introduced–to ensure scalable flexibility for future transformation.

Sheth is actively paving the way for this future, which he sees as equal parts evolving companies' infrastructure and approach to data centralization, and building solutions for the coming wave of experientially intelligent AI. By leveraging neuroscience and design principles, GFT is creating architecture that is purpose-built to support the minds of digital agents. These agents will go beyond current Gen AI solutions as they are integrated into business processes, from coding and product creation to customer support.

“What could previously be achieved in five years, can now be achieved in three by implementing AI strategically. And we are still at the very beginning of discovering what the technology is capable of,” said Kaushal Sheth, CTO, GFT Technologies USA. “Enterprise organizations like banks, private equity firms and manufacturers have a wealth of data that's waiting to be harnessed. If companies can leverage AI as a natural extension of human intelligence, they will be able to hand over menial tasks with complete trust, enhancing productivity for a much larger focus on continued innovation.”

GFT has also introduced its own AI coder, Wynxx, to financial and manufacturing companies over the past year. The tool accelerates every phase of the software development lifecycle from documentation to testing and coding, cutting timelines by as much as 90%. Now, part of Sheth’s roadmap includes building the platform a brain so it becomes truly agentic, as well as aware of the niche pain points associated with each key industry GFT operates in.

“We have watched enough technology market moments to know that AI has not yet reached its peak. It will continue to evolve and financial institutions will need to evolve with it,” said Rishi Chohan, CEO, GFT Technologies USA. “Generative AI is becoming a key part of every business and Kaushal will be highly instrumental to lead our own business and also help our clients in their AI journey.”

Sheth’s work will largely support GFT’s global 5-year plan to become a fully AI-centric company.

About GFT

GFT Technologies is an AI-centric global digital transformation company. We design advanced data and AI transformation solutions, modernize technology architectures and develop next-generation core systems for industry leaders in Banking, Insurance, Manufacturing and Robotics. Partnering closely with our clients, we push boundaries to unlock their full potential.

With deep industry expertise, cutting-edge technology, and a strong partner ecosystem, GFT delivers responsible AI-centric solutions that combine engineering excellence, high-performance delivery and cost efficiency. This makes us a trusted partner for sustainable impact and client success.

Our team of 12,000+ technology experts operate in 20+ countries worldwide, offering career opportunities at the forefront of software innovation. GFT Technologies SE (GFT-XE) is listed in the SDAX index of the German Stock Exchange.

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