The Clearing House
Paras Savant has extensive experience in enterprise architecture, currently serving as the Enterprise Architect Lead at The Clearing House since April 2021. Prior to this role, Paras was an influential figure at Bayer from October 2014 to December 2020, contributing as a Lead Enterprise Architect, COE BI Project and Process Manager, and Senior Consultant in IT Architecture. During this time, Paras provided architectural leadership, defined BI strategies, and supported major integration projects. Before Bayer, Paras held various positions at Merck from July 2000 to September 2014, including Associate Director of IT Architecture, where consulting services aligned business and technology strategies. Paras's educational background includes an MBA from Rutgers Business School and a BS in Computer Science and Math from Rutgers University.
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The Clearing House
The Clearing House is a banking association and payments company owned by the largest commercial banks, and dates back to 1853. The Clearing House Payments Company L.L.C. owns and operates core payments system infrastructure in the United States and is currently working to modernize that infrastructure by building a new, ubiquitous, real-time payment system. The Payments Company is the only private-sector ACH and wire operator in the United States, clearing and settling nearly $2 trillion in U.S. dollar payments each day, representing half of all commercial ACH and wire volume. Its affiliate, The Clearing House Association L.L.C., is a nonpartisan organization that engages in research, analysis, advocacy and litigation focused on financial regulation that supports a safe, sound and competitive banking system.