State of the Art Core Banking through Integrated

State of the Art Core Banking through Integrated Multichannel Delivery Nov 2003 1

Due care has been taken to make this Presentation as accurate as possible. Certain statements made in this presentation may not be based on historical information or facts and may be “forward looking statements” and may be subject to risks and uncertainties that could cause actual results to differ materially and adversely from those that may be projected by such forward looking statements. These risks and uncertainties and other factors that could affect, including but not limited to, competition, acquisitions, economic conditions, ability to retain highly skilled employees, technology, law and regulatory policies, managing risks associated with its business. i-flex makes no representation or warranties with respect to the contents hereof and shall not be responsible for any loss or damage caused to the user by the direct or indirect use of this Presentation. i-flex may alter, modify or otherwise change in any manner the content hereof, without obligation to notify any person of such revision or changes. All company and product names are trademarks of the respective companies with which they are associated. COPYRIGHT © 2003 i-flex solutions limited All rights reserved. Softcopy Name : Presentation at the Romanian Banking Forum Published Date : November, 2003 Document Classification : General – Restricted with No Further Release Confidential Author : Balaji Ramakrishnan Group : International Marketing Group www. iflexsolutions. com

Agenda u i-flex Solutions – Corporate Overview u i-flex ATC Partnership u Multi Channel Integration Platform – FLEXCUBE@ ä Need for Multi Channel Integration ä Business Benefits u FLEXCUBE Core Banking ä Functional Architecture ä Customer Base u Conclusion www. iflexsolutions. com 3

i-flex Solutions – Company Highlights u u u u Consistent growth & profitability since 1992 - the first year of operations Revenues $133. 9 million fiscal year 2002 Extensive global experience : 430+ financial institutions served to date across 101 countries 34 partner organizations covering 50 countries Superior process maturity – rated at SEI CMM Level 5; this puts us in the top 2. 5% of all companies assessed globally* 2, 600 + professionals with deep financial services domain expertise European operations span, UK, Germany and Benelux with a 24 x 7 support center in London * Highest level of process maturity according to the Capability Maturity Model of Software Engineering Institute of Carnegie Mellon University www. iflexsolutions. com 4

i-flex - Key Performance Indicators 2002 -03 Operating Revenues Region-wise Revenue www. iflexsolutions. com 5

Providing End-to-end Solutions for the BFSI space www. iflexsolutions. com 6

Globally Successful Product Business u World Class Product Portfolio ä FLEXCUBE: Complete Universal Banking Solution ä FLEXCUBE ranked #1 selling banking solution 1 in the world in the year 2002 (IBS UK, 2002) ä Reveleus: End-to-end metadata driven business intelligence solution u Accelerating customer acquisition and geographical penetration ä 160 customers for FLEXCUBE across 74 countries as of October 2003 ä Fastest to cross 100 customer mark ä Success in Europe – Nearly a third of the FLEXCUBE sites are in Europe u Growing high profile customers and global deployment contracts ä Citibank – Global deployment ä Rabo. Bank – Europe Wide Deployment ä Recent wins in US : NCDST, IMF www. iflexsolutions. com 7

i-flex – Sample Customers Global FIs Leading Regional / National FIs Karur Vysya Bank Specialized FIs Reserve Bank of India Central Bank of Malta www. iflexsolutions. com 8

i-flex – ATC Partnership u ATC Group ä Successful software integrator in Greece with affiliate in Romania ( ATC ROM) ä Proven Track Record in the BFSI space in Greece ä Partnership to focus on – - Increasing FLEXCUBE presence in the region - Building implementation and post implementation support capabilities within ATC for the region www. iflexsolutions. com 9 www. atcrom. ro

FLEXCUBE@ Multi Channel Integration Platform 10 www. atcrom. ro

Traditional Channel Deployment – a Typical View Teller VSAM ASCII Interface Legacy RDBMS Retail Banking Corporate Banking VSAM Customer Information File ASCII Interface Flat files Reporting and Accounting Databases Message Queues Format Conversion Internet Applications Mobile Phone Client Workstation www. iflexsolutions. com IE 11 Netscape ATM www. atcrom. ro

Traditional Channel Deployment – Problems u Disparate Channels and Systems u Islands of Information u Multiple Point-to-point interfaces u Customized code u Disintegrated view of data u Data Duplication u High Maintenance and Manageability issues u Complex workflows www. iflexsolutions. com 12 www. atcrom. ro

Requirement - Integrated Solution VSAM Legacy RDBMS Retail Banking Corporate Banking VSAM Customer Information File Flat Files Channel Integration Platform Accounting Database Internet Applications Mobile Phone Client Workstation www. iflexsolutions. com IE 13 Netscape ATM www. atcrom. ro

Multi Channel Delivery and Application Integration through FLEXCUBE@ ATM POS Internet Browser Phone Wap Client TV Browser Consolidated View PDA Single Login Multi-Channel Access FLEXCUBE @ JDBC Host 1 www. iflexsolutions. com FIX ISO 8583 MQ Host 2 XML Host Connectors Host n 14 www. atcrom. ro

Benefits of an Integrated Solution u Single logical view of Data u Uniform data model u Uniform experience across channels u Single Login u Integrated Applications u Single point of contact for all applications u Easy Maintenance u Avoids replication u Comprehensive MIS from a single point ä Usage statistics and analysis www. iflexsolutions. com 15 www. atcrom. ro

Gulf Bank – A case Study on FC@ 16

Bank Requirements u Internet Banking for Retail & Corporate Customers u No Changes acceptable to existing systems u Multiple Back-end interface for Authentication and Transactions u Transactions over Mobile Banking u Single user ID across all channels u Quick implementation u Arabic Screens u Highly scalable solutions to meet future growth www. iflexsolutions. com 17 www. atcrom. ro

The Solution FNS Retail Banking Internet MSMQ ATM Switch x. Netik Middleware Mobile Corporate Banking www. iflexsolutions. com 18 www. atcrom. ro

The Result u www. e-gulfbank. com ä Internet Banking launched in record time u User base growing rapidly u High on Popularity and Customer satisfaction ä Personalized access to accounts ä Quick transaction response times ä Single ID across channels u Multi-Lingual User Interface u Mobile Banking on multiple handsets u Minimal change to existing systems www. iflexsolutions. com 19 www. atcrom. ro

“i-flex’s FLEXCUBE@ offered us distinct technological advantages like quick deployment time which suited our launch schedule, a completely Arabic interface, and above all personalized online access to all the information customers needed on their accounts. ” Mr. Nazem S. O. Al-Qana'e General Manager Support Services Gulf Bank 20

FLEXCUBE Universal Banking Solution FLEXCUBE@ - Multi Channel Delivery / Integration Platform FLEXCUBE -- Universal Banking System for Retail, Corporate and Investment Banks Reveleus Business Intelligence ( Analytical CRM, Basel II framework, Risk Management analytics) www. iflexsolutions. com 21 www. atcrom. ro

FLEXCUBE Application Service Provider (ASP) Offering www. iflexsolutions. com 22 www. atcrom. ro

FLEXCUBE- Background, History & Credentials u Launched in 1997 as an Universal Banking Solution for Retail, Corporate and Investment Banks u Ranked # 1 selling banking solution in the world in 2002 ( IBS ) u Accelerated customer acquisition and geographical penetration ä 160 plus customers for FLEXCUBE across 74 plus countries as of October 2003 ä Fastest to cross 100 customer mark ä Success in Europe – Nearly a third of the FLEXCUBE sites are in Europe u Has over 700 dedicated professionals engaged in product development, implementation and support u Key customers include Citibank, International Monetary Fund (IMF), UBS Warburg, Rabobank, Kredyt Bank, Shinsei Bank, ACC Bank etc. www. iflexsolutions. com 23 www. atcrom. ro

In USD Million Estimated Annual Cost Reduction for Citibank by using FLEXCUBE Year Source : Celent www. iflexsolutions. com 24

Conclusion u A Unique Combination ä FLEXCUBE - Contemporary System, Broad Range and Depth of Functionality - Large Customer Base - Globally accepted, successful track record - Leading Edge Technologies - #1 banking solution in the world (IBS 2002) ä i-flex - Exclusive focus on Banking and Financial Services – Deep Domain Expertise - Excellent Reputation for Implementation and Development - SEI CMM Level 5 organisation - One of the few IT companies whose share price continues to grow despite the downturn. www. iflexsolutions. com 25 www. atcrom. ro

E-mail : balaji. r@iflexsolutions. com Hand Phone (Europe) : + 44 -7980561480 Hand Phone (India) : +91 -9820768728 Thank You E-mail : d. baltas@atcrom. ro Phone: + 40 21 201 11 91 (office) + 40 766 452 096 (mobile) 26