Biography of Lalin Dias: Founder and CEO of Yaala Labs -Entrepreneur
Biography of Lalin Dias:
The Journey Begins
Lalin Dias is a seasoned professional in financial market
infrastructure and a graduate of The London School of Economics and Political
Science (LSE), where he earned his B.Sc. in Economics between 1994 and 1997.
His career began with the Public Enterprises Reform Commission of Sri Lanka,
where he served as Assistant Manager from 1997 to 2000. During this time, he
contributed to privatization and public sector reform efforts under the
Ministry of Finance.
Shaping Financial Market Technology
After his initial years in public sector reform, Lalin
transitioned into the private sector, joining MillenniumIT, later part of LSEG
Technology. Over a span of 15 years, he played pivotal roles in shaping capital
markets technology. His journey at LSEG began as Vice President of Product
Management for Exchange Systems, where he managed the product roadmap for
Millennium Exchange, a multi-asset trading platform used globally.
Driving Global Exchange Solutions
Lalin advanced to become Vice President of Exchange Systems,
heading the largest line of business at LSEG Technology. He oversaw the
development, pre-sales, implementation, and support for Millennium Exchange,
which was adopted by more than 20 exchanges across continents, cementing its
reputation as a leading trading platform.
Biography of Lalin Dias: Founder and CEO of Yaala Labs -Entrepreneur #startup#age#net worth#P8 platform for modern capital market#Yaala Labs startup
Pioneering Core Technology Development
Promoted to Vice President of Platform Development, Lalin
established and led the team responsible for core technology, engineering
excellence, and infrastructure consulting. As a member of the Executive
Committee, he contributed to the strategic direction of the organization,
enhancing its capabilities in delivering robust financial solutions.
Founding Yaala Labs
In 2018, Lalin co-founded Yaala Labs, driven by a vision to
create the next generation of capital markets infrastructure. Yaala Labs
specializes in leveraging advanced technologies such as cloud computing,
blockchain, and machine learning to revolutionize financial markets. As CEO,
Lalin is at the forefront of leading this transformative journey.
The P8 Platform: Redefining Market Infrastructure
Yaala Labs introduced the P8 platform, a cutting-edge
solution designed for modern capital markets. Built natively on the cloud and
utilizing a modern technology stack, P8 offers unparalleled scalability,
operational simplicity, and cost efficiency. It incorporates advanced
deployment practices to enable the rapid rollout of new features, maintaining
the reliability of traditional systems while embracing future-forward
technology.
Empowering Marketplaces Globally
The P8 platform maximizes the benefits of leading cloud
providers, delivering elasticity and scalability essential for modern financial
markets. With a focus on operational simplicity, it addresses the evolving
needs of exchanges, clearinghouses, custodians, and regulators, positioning
itself as a transformative force in the industry.
A Founding Team with Expertise
The founding team of Yaala Labs comprises industry veterans
with over 250 years of collective experience. The team includes MillenniumIT’s
former CEO, CTO, chief architect, product head, and principal business
development officer, all of whom bring extensive expertise from their years at
the London Stock Exchange Group.
Innovating with a Purpose
At Yaala Labs, the focus is on merging innovation with
practicality. The company aims to provide solutions that retain the reliability
of traditional exchange platforms while introducing the flexibility and
cost-efficiency of cloud-native designs. This dual focus ensures that their
offerings meet the rigorous demands of global markets.
Supporting Digital Transformation in Banking and Insurance
In addition to his role at Yaala Labs, Lalin serves as a
Non-Executive Director at LinearSix, a company dedicated to helping banks and
insurance companies digitally transform their operations. His contributions
include leveraging next-generation technologies to enhance business processes
and improve operational efficiency.
A Visionary Leader in Financial Technology
Lalin Dias exemplifies leadership in financial technology,
blending extensive industry experience with a passion for innovation. His
journey from LSE graduate to Co-Founder and CEO of Yaala Labs reflects his
commitment to driving progress in capital markets infrastructure, ensuring the
financial sector remains agile, secure, and future-ready.
Timeline for story
1994–1997: Earns B.Sc. in Economics from LSE.
1997–2000: Serves as Assistant Manager at Public Enterprises
Reform Commission of Sri Lanka.
2000: Joins MillenniumIT (later LSEG Technology).
2010s: Appointed VP of Product Management for Exchange
Systems at LSEG.
2010s: Advances to VP of Exchange Systems, leading
Millennium Exchange adoption globally.
2010s: Becomes VP of Platform Development at LSEG, focusing
on core technology and strategy.
2018: Co-founds Yaala Labs and becomes CEO.
2018: Yaala Labs launches P8 platform for modern capital
markets.
2024s: Serves as Non-Executive Director at LinearSix, aiding
digital transformation in banking and insurance.
