Transcript Analyst Meet 2001

Banking Business Unit
Challenges and Achievements
Girish G. Vaidya
Banking Business Unit
Focus on building world class software products:
» Finacle - Core banking
» BancsConnect - Financial middleware
» BankAway - Internet Banking
» PayAway - Universal Bill Presentment and Payment
Analyst Meet 2001, August 6, 2001
Infosys Technologies Ltd., © 2001
Revenue Growth - BBU
US$ in millions
Revenue grow th rate
12
10
8
6
4
2
-
102%
FY-00
Analyst Meet 2001, August 6, 2001
FY-01
Infosys Technologies Ltd., © 2001
Revenue by Geography - BBU
Revenue by geographic areas - FY 2001
West
Africa
25%
South Asia
3%
ROW 1%
Mideast
6%
Analyst Meet 2001, August 6, 2001
East africa
11%
India
54%
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Key Achievements
Analyst Meet 2001, August 6, 2001
Infosys Technologies Ltd., © 2001
Key Achievements
» First fully Web enabled Core Banking Solution
» CoBIT Compliant Solution
» 14 new name customers for Finacle within the first year
of launch.
» 9 of these 14 are already live.
Analyst Meet 2001, August 6, 2001
Infosys Technologies Ltd., © 2001
Key Achievements
» Dominant position in India –
» Won 8 of the 9 core banking deals finalised during last 12 months
» Outside India – “hit” rate is around 50%
» Won key strategic accounts like ABN, Punjab National
Bank and Kenya Commercial Bank
Analyst Meet 2001, August 6, 2001
Infosys Technologies Ltd., © 2001
Key Achievements - Awards
» BankAway - among 10 Best-in-class Internet banking
products in the world by Meridien Research, USA
» only solution from Asia Pacific in list
» Internet banking offering of ICICI Bank (powered by
BankAway) – ranked among the Top 4 in Retail Internet
Banking and Corporate Internet Banking in Asia in the
Gilboa Report of the Asian Banker’s Journal.
Analyst Meet 2001, August 6, 2001
Infosys Technologies Ltd., © 2001
Key Global Banking and IT Trends
Analyst Meet 2001, August 6, 2001
Infosys Technologies Ltd., © 2001
Key Global Banking Trends
Growing Customer
expectations
Convergence
Analyst Meet 2001, August 6, 2001
Focus on Risk
management
Intensifying
competition
Internet and the
m-Commerce paradigm
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Key IT Trends
Current IT systems in banks:
» Product centric not customer centric
» No Unified Delivery Channel view
» Interoperability
» Customisability
» Based on archaic technology
» Manual interventions required / many different packages to run
the bank - hence upgrades/updates a big issue
Analyst Meet 2001, August 6, 2001
Infosys Technologies Ltd., © 2001
How does Finacle Stack Up?
Enriched Features and Functionality :
» Encompasses complete Retail, Corporate and Trade Finance
services
» Customer Centricity
» Powerful Flexibility and Extensibility
» CoBIT compliance
» Unique 24 x 7 x 365 Capability
» Straight Through Processing Enabled
Analyst Meet 2001, August 6, 2001
Infosys Technologies Ltd., © 2001
Infosys E-platform for an e - Age Bank
Corporate
ERP System
E-Commerce
I-Channels
E- Marketplace
M-Commerce
Web Trading
Other External
Interfaces
Bill Presentment
Net Banking
Clearing
House
Payment
Gateway
SWIFT
Traditional Delivery
Channels
New channel
Other Business
applications
Call Centre
Insurance
ATM
Finacle DSA
Credit Card
Branches
Enterprise Applications
Corporate GL
Analyst Meet 2001, August 6, 2001
Risk
Management
Data
Warehouse
CRM/CVM
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Banking Business Unit Organization
Domain and Technology focus
» Domain experts with rich experience from the banking industry to ensure
world class products
» Deploying contemporary technologies in our product suite
» Open Systems
» Web Enabling - Thin Client Architecture
» WAP and SMS Enabled
» Leverages the power of e-commerce paradigm
» Leverage Corporate Strengths
» Work with SETLabs to leverage technology developments
» Architecture group to map global technology trends
Analyst Meet 2001, August 6, 2001
Infosys Technologies Ltd., © 2001
Customers and Composition
45 customers spread across 14 countries.
» Standard Trust Bank, Nigeria
» Kenya Commercial Bank, Kenya
» National Bank of Abu Dhabi, UAE
» Punjab National Bank, India
» ABN Amro, India
Analyst Meet 2001, August 6, 2001
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Sales & Marketing
Market access through:
» Channel Partners - who only resell our products
» Services Partners - who only offer product related services
to customers
» Business Alliance Partners - who resell and offer product
related services
Analyst Meet 2001, August 6, 2001
Infosys Technologies Ltd., © 2001
Competition
Competition:
» Global players like Kapiti, I-Flex, Kindle, Sanchez, Globus
» Local players
» In-house teams/Projects
Analyst Meet 2001, August 6, 2001
Infosys Technologies Ltd., © 2001
Processes and People
» World class processes in product development
» Development and Enhancement Process
» Configuration Management Techniques
» Third party Software process
» Personnel have grown from 205 on June 30, 2000 to 336
on June 30, 2001
Analyst Meet 2001, August 6, 2001
Infosys Technologies Ltd., © 2001
Thank You