C Forum 2014

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

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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

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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

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BIT COINS Web Links

• About Crypto currency
• http//en.wikipedia.org/wiki/Cryptocurrency
• History of Bitcoin
• http//en.wikipedia.org/wiki/History_of_Bitcoin
•  About Bitcoin
• http//bitcoin.org
• Other Info
• http//www.theguardian.com/technology/2013/apr/07/
  bitcoin-scares-banks-governments
• http//www.bankrate.com/financing/banking/what-doe
  s-bitcoin-mean-for-banks/
• http//moneymorning.com/2013/12/20/impact-bitcoin-
  u-s-dollar/
• http//www.coindesk.com/warren-buffett-investors-s
  tay-away-bitcoin/

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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

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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

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Your Future Customer

• Need convenience
• Need better systems
• Dont want to waste time
• Mobile banking with one PIN customer definable
• Multiple Banks, Multiple Account types
• Anywhere, Anytime banking
• Any mobile phone
• Shift from sellers market to buyers market!
• Are we ready to face the challenge?

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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

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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

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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

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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

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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!