Balaji “Raj” Rajan is CEO of Ceannate Corp, a leading business process outsourcing firm focused entirely on the students and institutions in the post-secondary education sector.
Raj took over a two-person company called Financial Management Systems in 2003 and built Ceannate Corp, which employs over 800 individuals across four wholly-owned subsidiaries - Financial Management Systems, i3 Group, IonTuition, and AuthenticAID. Each company addresses student relationship and loan management challenges specific to distinct phases in the education loan lifecycle. AuthenticAID™, one of his patents, helps government agencies deal with improper payments and enhance their data quality.
In 2011, Raj oversaw the conception, development, and implementation of IonTuition, the first web-based, user-friendly tool to help student loan borrowers manage and plan repayment of their student loans.
Raj works closely to influence public policy relating to financial literacy, financial aid practices, and student loan management with policy-makers in Washington.
In addition to serving as CEO, Raj sits on the Ceannate Corp Board of Directors and has been active in several higher education organizations, including the National Council of Higher Education Resources, Young President's Organization - Chicago, and is the co-founder of EdInnovation Group to help identify new disruptive solutions for post-secondary education leaders.
Raj’s focus on fintech/edtech is closely related to identifying disruptive and sustainable technologies to engage deeper with students and families – from making the college choice to helping create wealth and personal financial management after graduation.