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Infrasoft Technologies since its inception in Y1995 till the year Y2000 focused only in Indian banking solutions market delivering On-line branch banking solution for retail, trade finance and eChannels. We got early success and in the formative years, were lucky to have secured important customer relationships like Bank of India, Syndicate Bank, Central Bank of India, ING Vysya Bank and other large banks. Towards Y2000, we successfully launched our first WAN based eChannel Integrator. Bank of India turned out to be the largest customer for this product with over 900 branches of the bank delivering Multi Branch Banking to millions of customers using our eChannel Integrator. By the Y2001 and moving to Y2004-6, InfrasoftTech diversified into UK with its domain centric software solutions & services driven business model. InfrasoftTech got early success in UK with a major solution build project from a financial services house of repute. Over the years, the blue chips of the UK financial world are long term customers of InfrasoftTech in the software services arena in private banking, wealth management & investment banking. Our India Development Center has major share of solutions & support rendered to UK based banks. The company's customers in UK include Royal Bank of Scotland, Coutts Private Bank, Royal Bank of Canada, Cantor Group, Abbey International, Barclays, MAN Financials and more. By Y2003-4, we successfully launched OMNIEnteprise: Core Banking Solution for Indian markets. With our long term focus to market enterprise banking solutions to Tier2 banks worldwide, our Core Banking strategy focused on providing end-to-end single technology backbone based automation for India customers too. By our estimate, we have nearly 80% of the enterprise banking solution market share for smaller banks in India, with 36 core banking sites in last 3 years. Our prominent customers are Saraswat Bank, Abhudaya Bank, Bharat Bank, Andhra State Apex Bank, Khapol, Thane Janata Shakari Bank, AP Mahesh and more. By Y2004-5 we embarked on globalization of our banking solutions. First of the success for us has been our OMNIEnterprise : Anti Money Laundering solution, which today ranks among the fastest growing global solutions. We have notched up nearly 30 sites for this solution. Our customers for AML are spread between Indonesia, Malaysia, India, Dubai, Saudi Arabia, Bahrain, Kenya, Nigeria, UK and USA. Some of the prominent names are Bank Rakyat Indonesia, Rabo Bank, Canara Bank, HDFC Standard Life, First Gulf Bank, Bank of Bahrain & Kuwait, Ahli United Bank, Diamond Bank, Union Bank of Africa, Transnational Bank, Teachers Building Society, Ruche International and more. InfrasoftTech is one of the few companies in the world market whose AML solution is a best fit for banks, insurance, mutual funds & securities companies alike. In Y2005-7, InfrasoftTech completed the International version of OMNIEnterprise : Core back office solution, with multiple front ends for asset management, funds management, retail whole sale & investment banking; a unique solution for matured markets that does not have many parallels. This lead to creation of OMNIEnterprise : Islamic Banking too, a path breaking product for Shariah compliant funds markets outside India. We are proud to have customers in these streams out side India and growing rapidly. InfrasoftTech's services business is showing growth in ME now with Citibank and Arab Insurance group as important customers. In last few years, the company is expanding periodically in new territories, forming partnerships and/or opening our offices. We are now present in Bahrain, Dubai, Kenya, Nigeria, Malaysia and Indonesia. Within a short time Infrasoft has made great strides. What is your USP? We would have been happier with current size of the company being attained a few years earlier. Never the less, our focus is to deliver the following : High technology IPR quality for the customer; Assured timely project delivery for early Go To Market for the customer; Lower HR Attrition at critical levels, driven by spirit of people partnership culture of the organization Products have never been the forte for Indian software companies. How do you view the opportunities for banking product companies? Yes and No, The quality in India has dramatically improved over last few years owing to adoption of quality processes early in the IT industry and global experience that Indian resources have attained in last 15 years of the industry. Post Y2001, the change in the mind-set of Indian companies, from being mere professional services provider onto becoming offshore developers has brought a sea change in the way quality is perceived. When you are developing something away from the customer's center, you own the accountability to deliver flawless. The weak link still remain innovations, products, core technology build etc. At least on application software development, this has changed rapidly, like in Banking. You would be happy to see growth in telecom products, mobile technology and gaming technology, all growing from India into global arena in last few years and onwards in future. These are positive indicators, of the country in an overall sense moving up the Value Chain. InfrasoftTech's OMNIEnterprise: Enterprise Banking Solution platform in last three years is increasingly seeing sizable investments to meet requirements of global financial markets. We are proud to be probably the only company that comprehensively meets the needs of a mid size universal bank in diverse areas like retail, trade finance, investment banking, wealth management, trust administration, broking and more. We also may be one of the few companies who can deliver a comprehensive Front to Back Office solution for multi entity deployment, catering to multiple currencies and capable of delivering compliance in different geographies differently.