Companies and Their Flagship Products

iFlex Solutions

Flexcube: It’s a modular core banking solution from I-Flex Solutions that is
targeted at financial institutions and its business segments. International
Banking Systems (an organization based out of UK focused on banking products)
has rated it among the top back office banking systems in the world for the last
2 years. Its functions includes retail and corporate banking, treasury,
investment and even mutual fund operations. FLEXCUBE also offers multi-currency,
multilingual capability and real time limits monitoring across a customer’s
various product exposures. Customer deliver channels catered to are Internet
banking , Tellers, ATMs, Points of Sale, Phones, TV Browsers, Mobile phones and
PDAs.

Flexcube’s core modules are:

• General ledger
• Customer Information System
• Management Information System
• Risk Management
• Clearing
• Service subsystems like Interest, Charges, Commission and Fees, Brokerage
  and Tax.

Infosys Technologies

Finacle: This is an integrated, on-line enterprise banking system from Infosys
Technologies. It’s a web enabled package is a centralized solution that offers
multi-currency, multi-lingual functionalities for retail and corporate banks.

Like most core banking products Finacle core banking features include general
ledger, transaction manager, clearing, customer limit maintenance, signature
verification and inventory, standing instructions, charges and a customer
information line. Finacle is deployed across Retail and Corporate Banking as
well as Trade Finance sectors.

Other products from Infosys include:

• BankAway: an e-commerce solution
  that allows banks to offer on-line services to all its customer segments.

• PayAway: A Bill Presentation and
  Payment Solution.

• BancsConnect: Essentially an
  integrator between Finacle, delivery channels and other applications.

Nucleus Software

Finness: This is an integrated suite of applications designed to support the
typical business offerings of Banks and Financial Services companies. It
provides solutions for both the asset side and liability sides of the business,
core financial accounting and customer services.

The suite is built on an Oracle platform and supports multi-branch,
multi-currency, multi-products and multilingual implementations. It offers both
client/server and web based architecture and can operate independently or as an
integrated system.

The Finness suite of products encompass:

• Lending/Leasing (Auto Loans, Housing Loans, Consumer Loans and CV
  Financing
• Liquid Deposits
• Collections
• Finance Against Securities
• General Ledger
• Payroll
• Post Dated Check Management
• Central Bank Reporting

Tata Infotech

Sign Bank: Tata Infotech’s oldest product with a 10-year-old history
behind it. It is essentially a full-fledged signature verification system. Sign
Bank has about 170 user organizations around the world and is currently
undergoing rejuvenation. The thrust of the new effort includes componentizing
it. The company makes about 0.5 million dollars from this company annually.

Customer View: A CRM middleware from the Tata Infotech stable. It is also
called an operational data store and is the company’s newest product. Its
largest installation is at Rabo bank and represents 10 million dollars in
product license and services revenue. The product can handle 10 million hits per
day with 26000 users and runs on a 14-processor machine. Ubitel: It’s a
business intelligence product for the Telecom industry and was jointly developed
by Tata Infotech and Unisys. The two companies together worked out the KPIs
Telcos need to achieve and Ubitel helps them manage and deliver on them. It is
currently being used by the largest telco in Latin America.

Other products on the roll-out line include:

• TaxMantra that incorporates all
  taxation laws of all states in the US and is targeted at the public sector
  vertical in the US. The product is likely to be marketed through a network
  of consulting companies specializing in tax practice.

• Exegenix is a TIL products
  subsidiary company based in Canada. Currently the company is developing an
  SML tool that converts all types of content into XML format.

Integrator

It’s the middleware solution from Nucleus that integrates with core
banking and was developed for a multinational bank in India. Other products
launched to integrate with this middleware solution are:

• Short Message Service  n Web Banking  
• ReQuest  n ATM Sharing  n Phone
  Banking  
• Security Management Shell.

Eastern Software Systems

Ebizframe: It’s the web enabled ERP from Eastern Software Systems. The company
has implemented it across industry verticals like food processing, jewelry,
chemicals, automobiles and manufacturing. Customers include Mother India, Nippo
Batteries, Avon Cycles, Essar Oil, HFCL, Blue Star, Oyzterbay, Lacoste and
Weekender. The product was first launched in 1998 and was specifically targeted
at the SME sector. Recently, ESS also launched what it says is Asia’s first
WAB enabled enterprise solution Cellbiz.

Vedaris Technology

Contago: It’s an integrated trading and risk management system for energy
derivatives, including natural gas and power. It takes deals from initial
pricing and capture through to back office administration and settlement. The
system provides essential trading risk and portfolio management information and
allows for multi-currency, multi-commodity and multi-location trading.