ModernRails has appointed Raghu Sastry as Chief Technology Officer to advance its unified global payments platform, which combines messaging, clearing and settlement in a single real-time infrastructure layer. Sastry brings more than two decades of technical leadership across semiconductors, enterprise infrastructure, mobile platforms and fintech, including prior roles at Agilent Technologies and PMC-Sierra. He will lead technology strategy and platform architecture, focusing on the company's ISO 20022-native design and real-time orchestration across domestic and cross-border payment rails. ModernRails operates as a third-party service provider to the Federal Reserve.
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