C Forum 2014 – ‘BIT COINS’ Future of Banking & Finance - Technology Perspective Daya Hettiarachchi Chairman/CEO

Our Gratitude! Our humble Beginning in 1991 We were in a Journey of Quality Without sacrificing Time & Cost The Triple constraints of SOFTWARE! Systems Management with Open Architecture Innovative solutions for Banking & Finance, Security Markets & ERP domains OpenArc School - Education is not-for-profit Thank you very much for being with us

‘BIT COINS’ Bitcoins redefined ! Banking with Innovative Technologies - Currencies of Invisible Nano Space Crypto Currencies – Talk of Cash less world Need to explore Bit Coins? Bitcoin wallet Coinbase.com Localbitcions.com Bitcoinmining.com Go to Virwox – Virtual World Exchange : USD ↔ BTC

‘BIT COINS’ – know more about it How To Buy-Get Your First Bitcoins.mp4 What is a BitCoin Explained - Tech Tips.mp4 BIT COINS - CEO Presentation 2014\Bitcoin- All the Facts.mp4 BIT COINS - CEO Presentation 2014\What is Bitcoin Mining.mp4 BIT COINS - CEO Presentation 2014\What is Bitcoin.mp4 Why Mining Understanding Why Bitcoiners Mine is Fundamental.mp4

‘BIT COINS’ Web Links About Crypto currency History of Bitcoin About Bitcoin Other Info governments governments

‘BIT COINS’ Where are we heading? Good & Bad of Bitcoins Banks’ future in a Cashless digital currency world? Cannot be traced – can be used for illegal transactions Need to be watchful & redefine our banking & finance strategies for the future

Banking in Sri Lanka When are we going to stop cheque writing? When can we make online recoveries of dues from client accounts – any bank, any account? Mobile banking – with multiple banks On Internet - Yes On Mobile Phone - No Mobile Payments Telco Lead model - Yes Bank Lead model - No Transaction Cost? Technology infrastructure of LankaClear

Your Future Customer Need convenience Need better systems Don’t want to waste time Mobile banking with one PIN – customer definable Multiple Banks, Multiple Account types Anywhere, Anytime banking Any mobile phone Shift from seller’s market to buyers market! Are we ready to face the challenge?

Constraints Financial Institutions - are they strictly following the regulations? Suggest - Industry Regulation through software companies Need relationship between regulators & software suppliers Need relationship between Infrastructure providers & software solution providers Suggest - PPP Not enough data for customer screening & credit control – Not using credit bureaus

OpenArc Solutions SkySwitch – ISO 85/83 connectivity tool for SkyPay – Mobile & Internet payment platform – A bank lead model SkyTeller – ATM solution to all finance companies SkyWallet Unbanked customers mobile solution that can be linked to SkySave savings system SkyBank Truly integrated Core Banking initiative from Sri Lanka SkyMessenger – instant alert engine

OpenArc Solutions – Stock Market UniSETS Unified platform for Securities Trading UniIPO An Internet platform for IPO management Linked to SkyPay online payment system First time in Sri Lanka OpenArc IPO on Internet

OpenArc – Road Map SkyBank A complete, Integrated Core banking solution from Sri Lanka to global markets UniSETS A complete integrated solution for Stock markets MyERP Open Source ERP for multiple virtual industries Ex : My School / MyHotel Software based future diversification

Thank you ! For being with OpenArc - a truly Sri Lankan software company. We need your much valued partnership & support in this journey of promoting high quality Sri Lankan software for the global markets Local First – Global Next!