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Cyrus Daruwala

Managing Director

Cyrus Daruwala is the Managing Director for IDC Financial Insights. Mr. Daruwala and his teams focus on all aspects of "run the firm" or "change the firm." His research and advisory practices cover banking, insurance, and capital markets and topics such as legacy modernization and transformation, hybrid cloud, Big Data and analytics, customer life-cycle management, digital experience, ecommerce ecosystems, Internet of Things, cognitive, blockchain, and fintech.

For the past 20 years, Mr. Daruwala has been working with financial institutions to help them assess their business and operational and technical challenges, select the right vendors/partners, better understand their IT TCO, and grow their customer base. Before joining IDC Financial Insights, Mr. Daruwala was a managing partner with a regional research and publication firm. He was instrumental in growing the firm's proprietary as well as subscription-based research business along with the publishing businesses. His understanding of a range of business, market, regulatory, and investment-related issues enable him to work closely with financial institutions, consultants, vendors, and government agencies on various multidisciplinary initiatives. 

  • A master's degree in Business Finance, Economics, and Business Law from Sydenham College of Commerce and Economics
  • A commerce graduate with Accounts, Political Sciences, and Business Planning as specialist subjects
  • A two-year on-the-job training program in leveraged foreign exchange and bullion trading with further coursework at the International Monetary Market on fund displacement, investment strategies, and trust planning