Management & Board Biography

<< Back
Biography PhotoStefan  Fraas
SVP & Managing Director

Stefan Fraas, is SVP & Managing Director of Financial Transformation Business Unit at Virtusa Corporation. Stefan has keen focus in financial transformations in high volume collection, disbursement, claims and billing modernization initiatives in banking, financial services & insurance and other high volume business to consumer industries. His team has deep expertise in SAP Enterprise Applications that are at the nucleus of high volume transaction processing systems of record for large enterprises.

Stefan completed his degree in Economics and Computer Science in 1995. Stefan previously worked for SAP as the Development Manager of their Financial Services-Collections and Disbursements (FS-CD) module. As the Development Manager, he was responsible for the overall design and construction of FS-CD's core functionality; including payment plans, third party collections, correspondence, interest, payments, returns, reports, and other key interfaces. He was also responsible for quality assurance, support and FS-CD's implementation across the globe and has also led several country specific roll-outs of FS-CD across Europe. Stefan Fraas was the President and CEO of ConVista Consulting, LLC founded in 2001. Virtusa acquired ConVista Consulting, LLC in February 2010.