VENKATESWARA the divine name - What does it indicate?

WHO IS VENKATESWARA? 

Venkateswara/Venkatesha is none other than Lord Sriinivaasa the Supreme God.

Eesha/Eeshwara means the Master; Lord; Supreme; Ruler;

Ve~n(m) means sins; Kata means to burn down;

Venkateshwara is the Supreme God whose abode is/
who is the Lord of Venkatadri (Venkatachala) Hills 
the one that burns down the sins; 
has power to destroy the sins.

As Venkateswara, Lord Sriinivaasa is Aghaardhana;

Agha + Aardhana;

Agha means means sin, evil, malefic, annoyance, suffering, grief etc.and

Aardhana means the one who destroys, annihilates, wipe out etc.

the one who burns our sins (Ven + Kata);

A reference to this attribute (Ve~n+kata) with anecdote we find in Sri Brahmanda Puranaanthargatha Sri Venkatachala Mahatmya.

Venkateshwara is the Supreme God who is a treasure of divine knowledge (moksha jnaana);

the one who bestows moksha (salvation).

In the very first sloka Sri Venkatesha Stothra (Brahmaanda Purana), Lord Venkateswara is eulogized as...

Venkatesho Vaasudevah Pradhyumno~mithavikaramah
Sankarshano~anniruddhascha Seshaadhripathireva Cha

In supreme spiritual sense,

Venkateswara is the Panchaniyaamaka Bhagawadruupa of Lord Vishnu (Venkatesho) viz., 
Narayana-Vaasudeva-Sankarshana-Pradyumna-Aniruddha;

the one who is the Lord of Seshadri Hills (Lord of AadiSesha) 
on the top of which He is eternally stationed.

"Venkataadrisamam Sthaanam Brahmaande Naasthi Kinchana
Venkatesasamo Devo Na Bhootho Na Bhavishyathi"

In this Universe 
there is no other sacred place equivalent to Venkataadri (Tirumala); there is no God equivalent to Lord Venkateswara 
neither in the past nor in the future going to be.

Above verses from Sri Venkatesa Stothram (Brahmanda Purana) are just an illustration of the glory and significance of Lord Venkateswara;

In simple, 
He is none other than Lord SriManNarayana; 
Sri Hari 
Harey! Srinivaasa
Maha Vishnu; 

whose glory and reference we find in as many as twelve Puraanaas the consolidation of which is called Sri Venkataachala Mahaatmya.

Sri Krushnaarpanamasthu

Hari Sarvottama - Vaayu Jeevottama
Sri Gururaajo Vijayate