Evosys’Solution for Financial

Institution

Financial Institutions Clientele

On Premise Clients Cloud Clients

Evosys’ Oracle Financial Institution Solutions

Our Financial Sector Expertise

Background

The Ministry of Finance (MOFBahrain), Bahrain is responsiblefor formulating andimplementing the financialpolicies of the Kingdom ofBahrain within the overall visionof the Bahrain Government. TheMinistry prepares the StateGeneral Budget in coordinationwith other ministries and publicentities in a way that reflectsthe financial and economicobjectives of the Kingdom,particularly regarding improvingliving standards and increasinglevels of economic growth.

Ministry of Finance , Bahrain

Solutions Benefits

Oracle Treasury

Cash Management

Removal of passing manual JVs and manual error for Treasury transactions

Flexible XML reports – which can be extracted in PDF, Excel and RTF

Tracking of all historical transactions

Easy process of Auto-Reconciliation

Tracking of all Treasury positions at one platform

To map all Debts and Deposits with properstructure of Product and Portfolio in OracleTreasury

Convincing National Bank of Bahrain to provide standard MT940 for auto-reconciliation

Data Migration for both open short term and open long term transactions (which was created on or after 1990)

Background

The Axis Bank is the third largestprivate sector bank in India. AxisBank offers the entire spectrumof financial services to customersegments covering Large andMid-Corporates, MSME,Agriculture and RetailBusinesses. The Bank has a largefootprint of 2402 domesticbranches. The overseasoperations of the Bank arespread over its seveninternational offices withbranches at Singapore, HongKong, DIFC, Colombo andShanghai and representativeoffices at Dubai and Abu Dhabi.

Axis Bank, India

Solutions Overview

Endeca Implementation

Module: EWS (Early warning System)

The POC of EWS of Endeca held inthe Axis bank has certain amount ofscope and establishments toachieve using the Endeca toolcapabilities. Mainly how does thetool handle the unstructured Data.As we know now days to predict theNPAs, we have to work on themarket analysis Unstructured &Structured analysis from theSystem. Where the system Promptyou the alerts for specific Ontologyas per your firing buckets. POCscope was to understand thecapabilities of tool of handling theUnstructured Data.

• Manual Inconsistent Procurement Records Procurement Suppliers mapping with Finance Suppliers

• Complex and case driven PR Authority matrix

• Mapping of manual Budget check and reserve process to Oracle

• PR Account generation based on centralized and decentralized budget

• Different PO style based on nature of transaction and its impact on PO approvals and PO report

• Conflicting requirements among Finance and procurement department

Business Drivers/Challenges

• Oracle iProcurement• Oracle Sourcing• Oracle Purchasing

Evosys Solution

• Online PR Process along with Approvals • Manage Renewal/single source PR with

special information• Automation of Budget check and reserve

at PR and PO Level • Integration with finance with respect to

PO matched invoice with 3 way routing• Create, Manage and monitor the full

tendering Cycle • Commercial/Cumulative analysis,

Evaluation and Award Approvals• PR and PO Approvals from Email

Notification • Capturing contracts and price list

agreements for sourcing Catalogue PR

Business Benefits

The National Health Insurance Company – Daman is the UAE’s leading specialized healthinsurer, providing comprehensive health insurance solutions to more than 2.4 millionmembers in the UAE. Daman is a public joint-stock company that is 80% owned by the AbuDhabi Government with the remaining 20% owned by Munich Re.

Daman Insurance, UAE

Daman Insurance, UAEDaman Insurance, UAE

• Complex Third Party Integrations• Banking System IMAL Integration• Payment Approval by IMAL

Integration

• Source Code unavailability of the D2K Forms

Business Drivers/Challenges

• Oracle Financials• Oracle Supply Chain Management• Oracle Human Resource Management

Evosys Solution

• R12 new functionalities has improved the business process efficiency

• Replaced some of the existing customizations with the standard functionalities

• Flexible usage of the XML Publisher based Reporting in multiple styles

• Sub-ledger Accounting engine can be viewed in a consolidated schema, rather than each module

• Enhanced Form Personalizations

Business Benefits

Boubyan Bank foresees an integral role for Islamic Banking in the mainstream industryinternationally. Boubyan Bank envisions a global standardization phenomenon which willestablish universally understood and accepted standards, systems, procedures and modes forIslamic Banking operations.

Boubyan Bank, Kuwait

• Complicated approval hierarchy, withseparate approval hierarchy for eachtransaction type and also conditions withinthe transaction type.

• Training the users and helping the user tolook at complete and bigger picture of theapplication as they had never worked onan ERP before

• Automation of the process by connectingself-service with benefits(Payroll).

Business Drivers/Challenges

Oracle Human Resource Management

Evosys Solution

• Process Automation

• Combining multiple reports with scattered

information into one so that users and get

most of the information from a single

report

Business Benefits

Alkhabeer Capital is a leading investment banking and asset management firm that providesworld-class financial products and services that help institutions, family groups and qualifiedinvestors access and allocate capital in ways that deliver real and enduring economic value.

Alkhabeer Capital, KSA

• Online custom solution for Business andTraining Trips with business rules andregulations.

• Auto Bank file transfer to various bank afterPayroll run.

• Active Directory integration with HR Core.

Business Drivers/Challenges

• Oracle Human Resource Management

Evosys Solution

• Reduced time spent compiling,reconciling, and consolidating data fromERP systems

• Role based User Access, having Security tohave Consolidated Data Access or specificOperation Access

• Easy to adopt Business Best Practices withStandardization of Content.

Business Benefits

Mumtalakat’s vision is to grow the wealth of the country. Since its inception in 2006,Mumtalakat has operated with the commercial discipline and rigor of the private sector.Mumtalakat’s mandate is to create a thriving economy, focused on securing sustainablereturns and generating wealth for future generations. Its investment strategy is to create adiversified and balanced portfolio.

Mumtalakat, Bahrain

• Oracle Financials• Oracle SCM• Oracle Advanced Procurement• Siebel Public Sector• Siebel eService

Evosys Solution

The UAE Ministry of Finance MOF plays a key role in the development of the financialframework of the UAE, including governance, regulation, and reporting and funds allocation.Furthermore, it also promotes and supports coordination with other countries in the GCC andglobally and therefore acts as a conduit of global good practice to the UAE.

Ministry of Finance, UAE

Ministry of Finance decided to re-implement Oracle 11i to Oracle R12

Marlette Funding, USA

Client wants to use an automated system to run its business instead of old manual ways.

Strick timelines as client wants to use the new system ASAP. Go-live date constraint as client want to go live on in the 1st week of March anyhow.

Total project duration is less than 12 weeks. To achieve this, production configuration started before KUT/UAT

Financial Data availability on time was a challenge but received full support from client.

Effective planning and optimal utilization of schedule, resources, and client availability to achieve the aggressive timelines.

Business Drivers/Challenges

Evosys leveraged its onsite/offshore model to implement the Single module implementation of Oracle Cloud Financial services

Evosys implementing the cloud solution to enable Marlette Funding staff to be efficient enough to handle their business using financial modules e.g. GL, AP, AR, FA and CM etc.

Evosys Solution

Improved availability of information and On-line view of reports whenever needed by Marlette Funding management.

Effective communication, co-ordination & control

Oracle system help Marlette Funding to respond quickly to customer queries, manage growing data volumes, and control operating costs

The solution will reduce the Month End Close and Reporting Process from weeks to 1-2 Days

Marlette Funding is a Mid market client which will become a ready reference for this market segment.

Upselling opportunity for Purchasing module

Business Benefits

Founded in 2013, Marlette Funding is a specialty finance company based in Wilmington, DE. Its quest issimple--to empower customers and clients with innovative financial solutions to improve their financialfuture. It plans to offer products under new brands and in partnership leading organizations.

Evosys scope: Implementation of Oracle Cloud Financials and OTBI Solutions for 10 entities

Place Client’s logo here

Marlette Funding, USA

Oracle Cloud Financial implementation at DAG, Singapore

Digital Alpha Group (DAG) is aSingapore incorporatedtechnology company thatdevelops innovative web andmobile technologies tofacilitate seamlessdeployment of credit andloans in key Southeast Asiamarkets.

• Consolidate all financialinformation, including loancollections data, onto astandard ERP system to gainin operational efficiency

• Improve microcreditcollection rates by managingall collection activitiesthrough a single unifiedsystem

• Enable extensive up-to-the-minute reporting byautomatically pulling datafrom in-house receivablessubsystem

• Automate financialconsolidation across DigitalAlpha Group in US dollars

• Deployed Oracle FusionFinancials as a cost-effective, robust ERPsolution

• Ensured proper integrationof existing receivablessubsystem with the financialplatform

• Designed reconciliationsheets for uploadedpayment transactions anddata migration events

• Produced documentationsuch as a detailed usermanual to ease useradoption

Oracle Cloud Financials

Background Business Need Solution

Modules Implemented

Our Landmark projects…

Financial Institutions ClienteleOur Financial Institutions Clientele

Global HeadquarterEvolutionary Systems Pvt Ltd.11th floor, Kataria Arcade,Behind ADANI CNG Pump,S. G. Highway, Makarba Ahmedabad – 380051. Tel : +91 79 30233300

ME HeadquarterEvolutionary Systems Arabia Fz LLC112, Building 11, Dubai Internet City,PO Box 500830, Dubai, UAETel: +9714-4380181

U.K./ Europe HeadquarterEvolutionary Systems Company Ltd. 344-354,Gray’s Inn Road King’s Cross, London United Kingdom WCIX 8BPTel : +44 (0) 207 1642255

USA Headquarter Evolutionary Systems Corp.27 Jackson Street, Suite 224Lowell, MA 01852Tel: 1 (978) 221-6139

APAC HeadquarterEvolutionary System Singapore Pte LtdLevel 42-01, Suntec Tower Three8 Temasek Boulevard, Singapore 038988Tel: 065 6829 2244.

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