FACT SHEET

1
FACT SHEET

• Polaris Software Lab
• Analyst Meet Mumbai- December 2, 2002

2
Profit Loss Account of OrbiTech Solutions Half
Year ended Sep 30, 2002
3
OrbiTech - Metrics
4
HUMAN RESOURCES- a Snapshot

• 20 of the associates in Polaris and OrbiTech
  have more than 5years of work experience within
  the two corporates
  
• The merged entity will have about 34,000 man
  years experience in the software industry (One of
  the largest in the industry)
  
• About 25 of the Top 100 profiles in the company
  are from Premier Banking Conglomerates
  
• The Attrition rate in the merged entity as of Sep
  30, 2002 is around 8.2
  
• The merged entity has 4145 Associates (Oct 31,
  2002)

5
Polaris Software Qualification Wise Break-up
As of Oct 31, 2002

• Graduate 60
• Post Graduate 39
• CAs, ICWA, PhD's 1

6
THE LEADERSHIP TEAM
7
Business Leadership Team

• Arun Jain - B.Tech, Chairman Managing Director
  He is a first generation entrepreneur and the
  promoter of Polaris Software. He has over 18
  years of experience, which encompasses Software
  Development, Project Management, creation of
  strategic alliances, business development and
  strategic planning
• Ram Bhagwat - Managing Director of OrbiTech
  Solutions Limited. He is also the Chief Architect
  Engineer of the company. Prior to taking charge
  of OrbiTech in 2001, Ram worked with IBM for 9
  years (was awarded the IBM 'Chairman's
  Professional Excellency Award' in 1974) and BILT
  for 8 years. Following this, he was Citibank's
  Technology Director for the Indian sub-continent
  for 16 years, was the Director of E-Serve and
  CITIL (currently i-flex Solutions Ltd.) from 1992
  to 1999. Ram received a Masters Degree in
  Technology from the Indian Institute of
  Technology, Kanpur.
• Govind Singhal - Executive Director He heads EG
  Orion, delivery organization, engaged in delivery
  of solutions for Banking and Financial Services,
  focussing on front-end delivery systems using
  state of art technologies. He has around 16 years
  of work experience. Govind received a Masters
  degree in Physics from Delhi University.
• Aruna Kashinath - Managing Partner She heads the
  Global Sales Organization (GSO) on Technology and
  Emerging Vertical Sales. She has more than 23
  years of experience in managing technology
  projects and has been with Polaris since
  inception. Aruna received a Post graduate degree
  in Statistics from Mumbai University.
• Ashish Sinha- Heads the Business Development
  function of OrbiTech and also looks after
  Non-Citigroup Services. He is currently based in
  Chennai. Before assuming his current
  responsibilities, Ashish was the Head of
  Technology for Citibank, India and has worked
  with Citibank for 10 years. Ashish received an
  MBA from Indian Institute of Management, Calcutta
  and a B. Tech from Indian Institute of
  Technology, Kanpur.

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Business Leadership Team

• Harpal Dugal Head of Business - Optimus He
  was, till recently, the Chief Executive Officer
  of Standard Chartered and Head of the Customer
  Banking Business for the Standard Chartered
  group, brings with him global expertise across
  banking domains. Harpal held several positions of
  increased responsibility with Citibank, from 1980
  through to 1997. This included being the Retail
  Banking Head of Citibank-Indonesia in 1989 and
  the Credit Cards Business Head of
  Citibank-Philippines in 1993, before his return
  to India to eventually lead Standard Chartered in
  2000. He holds an MBA from Indian Institute of
  Management Ahmedabad.
• Aruna Rao - Heads the Services Group at OrbiTech
  She has been with OrbiTech (formerly Citicorp
  Overseas Software Limited) since 1987 and has
  managed the development of various systems in the
  corporate banking area. Aruna has an MBA from
  Ahmedabad and an M.S. from University of
  Maryland, USA.
• Tarachand - Heads the Products Group at OrbiTech
  and is based in Mumbai. He has worked with
  Citigroup for 15 years, initially with Citibank
  Technology and then with Saudi American Bank
  (Technology Division). He has wide experience
  across various banking segments.Tarachand
  received an MBA from Indian Institute of
  Management, Ahmedabad and is a Bachelor of
  Engineering.
• V Mahadevan - Senior Vice President He has
  experience of managing the delivery of large
  overseas projects for our major customer. He has
  also been with the company for over 10 years and
  heads the unit in charge of delivering global
  projects for our largest customer.
• Ashok Korwar - Strategic Advisor. He has a
  Bachelors degree in Electrical Engineering from
  IIT Mumbai. He is also a Doctorate in Management
  from the University of California, LA. His work
  experience includes a stint at Electronic Data
  Systems Corporation from 1984 to 1990 where he
  was Division-VP looking after Business
  Development. He has been working as Professor
  with IIM (A) from 1990 onwards till date.
• R. Sekhar - Senior VP- Head Corporate strategy
  Business Excellence and HR. He has majored in
  marketing from IIM (Banglore) with a Post
  Graduate Diploma in Business Management

9
Business Leadership Team

• Nat Narayanaswamy - Director and Head of Business
  -Polaris Retail Infotech Limited Senior Vice
  President and Head - EG Sculptor Strategic
  Alliances and Initiatives He is a proven Senior
  Business Administrator with 10 years of Strategic
  integration and Program Management experience in
  a variety of industries. Prior to joining the
  Polaris team, Nat was with Accenture, USA. His
  earlier exposures were with Deloitte and Touche,
  EY LLP, USA
• Wg.Cdr. (Retd.), G. N. Mathur,Flying Academy
  (Navigation) Executive Director He brings with
  him 28 years of management experience from Indian
  Air Force.
• N Vaidyanathan Senior Vice President Chief
  Finance Officer A FCA,he is responsible for
  financial planning, treasury, tax compliance and
  audit systems of the organization. His 25 years
  of rich experience with multi nationals like GEC
  Alsthom India Ltd, Castrol India Ltd, Binny, the
  Nagarjuna Group etc. brings in the knowledge of
  best international practices into the company. He
  is also responsible for business planning and
  monitoring business numbers across the
  geographies.
• Suren Khirwadkar Director Sales and Marketing
  Headed Citibanks business in Saudi Arabia where
  he was the Country Marketing Director and
  Consumer Assets Business Manager. Suren comes
  with extensive Marketing and Sales experience
  from leading FMCG companies such as Hindustan
  Lever, ColgatePalmolive and Britannia
  Industries. He joined Citibank in 1988 and was
  Marketing Director and Business Manager with
  Citibank in India, UAE, Bahrain and Saudi Arabia.
  Suren holds a Masters Degree from Northwestern
  University, US

10
Business Leadership Team

• Rajiv Malhotra - Senior Vice President
  Marketing He is a Computer Science Engineer
  (B.Tech) from Indian Institute of Technology and
  an MBA in Finance and Marketing from FMS. With 11
  years of experience in Organizations like
  Citibank and Bank of America, he heads the
  BankWare unit, as Senior Vice President
• K. Srinivasan, Senior Vice President -
  International Sales Development He heads sales
  organization for ENTITY business and is the Sales
  Director for the North American region. He is
  based in US, responsible for signing large
  relationship accounts for offshore development.
  He is a post graduate in Management from XIM,
  Bhubaneswar and has over 13 years of diverse
  industry experience in Sales, Commercial,
  Corporate Planning , Communication, Commercial
  and International trade.
• Vijayraghavan Narasimhan - Senior Vice President
  Business Head He is responsible as the Sales
  and Operations Director, include business
  development and strategic relationship management
  in Continental Europe (EC countries).
  Vijayraghavans educational background includes
  Business Administration, Commerce and Law. He
  brings with him a rich experience of over 24
  years in the areas of information systems
  management, software consulting marketing, MIS
  marketing support, sales management and
  administration, business development and general
  management.
• Rahul Petkar - He was, till recently, the Senior
  Vice-President of MsourcE Corporation brings with
  him global expertise in the global sales strategy
  and implementing the sales process in key markets
  leading to new business generation. He also
  brings a rich experience of working for Citibank
  NA, Merrill Lynch and TD Waterhouse. He holds an
  MBA from Indian Institute of Management
  Bangalore
• Kedar Udaiyvar, Head of Global Markets Group in
  OrbiTech, has a work expereince of 19 years
  spanning organisations like IDM, Gulf Computers
  and OrbiTech. He is a Mechanical Engineer and a
  Master in Management Sciences

11
PRODUCT SUITE- ORBIPACK
12
Orbi-Integrator
Orbi-CRM Solution

• For Transaction Processing
• Standing instructions
• Straight Through Processing across various
  product processors
  
• Funds transfers
• Inter Account Swaps
• For MIS Planning
• MIS Profitability at customer level
• Portfolio performance history
• Behaviour pattern needs analysis
• For Risk Management
• Banks risk capped at customer level
• Central Liability Tracking
• Fraud check system using data-warehousing
  techniques
  
• Orbi-Collect for Bad loan collections
• End-to-end data security
• Signature Verification

• For Business Development
• Prospect Database Management
• Campaign Management
• Contact Management for sales/cross sell
• Sales Datamart and Mining tools
• For Customer Care/Service
• Single Sign-on with end-to-end information
  security
  
• On-line, real-time information on all customer
  transactions, balances, interest, tax, markets,
  shares/mutual fund portfolio delinquency payments
  etc. at customer level across all accounts
• Problem/Complaints Logging, Tracking
  Resolution
  
• For Communication
• Event driven Alerts (email/mobile)
• Consolidated Statements
• Customer Portfolio Analysis Advice
• Delivered through mail/email

13
Orbi-Core

• Transaction Accounts
• Current/ Overdraft/ Savings Accounts
• Employee Reimbursement Account
• Margin-Lending Accounts
• Brokerage Accounts
• Time Deposits
• Types Fixed / Recurring / Un-Fixed
• Rates Fixed / Floating / Periodic

• On-the-fly product definition
• One Touch Integrated Query
• Highly Flexible and comprehensive Interest
  Charges facility
  
• Hierarchical Credit Limit Tracking
• Payment system to process wide variety of
  instruments
  
• Sweeps within and across products
• Teller System with Signatures / FX
• Relationship Statements
• Standing Order Straight Through Processing
• Plastic / Cheque Book Admin
• Integration with branch devices

General Ledger and Financial Management System

• Book Keeping
• Profitability MIS
• Expense / Fixed Assets Processing
• Account Reconciliation

14
Orbi-Direct
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Orbi-Lending

• Loans
• Consumer Loans ( like Auto, Truck, Professional,
  Student, Consumer Durables etc.)
  
• Mortgages
• Corporate Loans
• Leasing
• Hire-Purchase
• End-to-end functionality
• Loan Origination System
• Collections (Orbi-Collect)
• Collateral Management
• Customer Communication
• Document Management
• Fund Management
• Risk Management
• Internal accounting books
• Back-office outsourcing enabled

• Interest Rate Flexibility
• Fixed / Adjustable / Floating Rate
• Interest Bearing / Discounted
• Interest / Lease charge Moratorium
• User defined charging base / Frequency
• Interest rate at Relationship level
• Repayment terms
• Principle reset at user request
• Structured Unstructured payment terms
• Purchase option at the tenor end for lease
• Re-lease of an asset
• Repossession Sale of an asset
• Disbursal Flexibility
• Single or Multiple disbursal
• Principal draw-down on asset being ready

16
Orbi-Invest
A solutions for Distribution, Sale, Brokerage,
Transfer Agency and custodial services for
mutual funds, equities and fixed income
securities.

• Orbi-Funds
• Core Processor for mutual funds sales and
  distribution business
  
• Orders through Internet, Branch, Phone
• End-to-end functionality
• Risk profiling, fund portfolio recommendations,
  account opening, order capture, order batching,
  order execution, allocation to customers,
  settlement, accounting, corporate actions,
  customer query

• Orbi-Broker
• Core Processor for equities, bonds, warrants
  selling
  
• Orders through Internet, Branch, Phone
• End-to-end functionality
• Account opening, order capture, online order
  execution through multiple brokers, settlement,
  accounting, corporate actions, customer query,
  IPOs

• Orbi-Transfer Agent
• Mutual Funds Transfer Agency
• Subscription, Redemption, Systematic Investment,
  Withdrawal Plan, Switching
  
• Customer Service Transactions Address Changes,
  Folio Consolidation, Transmission
  
• Portfolio consolidation report

• Orbi-Custody
• Custodial Services
• Equities, bonds and warrants supported
• Trade matching, confirmation and settlement
  functionality
  
• Corporate actions processing and customer
  communication

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Orbi-Cards

• Issuer System Modules
• Relationship A/C Opening
• Billing Statements
• On-us Interchange
• Payments Adjustments
• Loyalty Program Management
• Member Fraud Warning
• Collections
• Customer Service
• Internet
• IVR
• Phone
• email
• Credit Bureau Interface

• Supports
• Credit Cards
• Charge Cards
• Debit Cards
• Virtual Cards

Visa, Master, Diner Private Label, Affinity Co-
branded

• Acquirer System Modules
• Merchant Administration
• Card Authorisation
• Switching
• Charge Processing
• Off-us interchange
• Charge Back processing
• Merchant Fraud module
• Merchant Statements

18
Orbi-Cash

• Features
• Clearing (manual/automated)
• Integrated with workflow and imaging
• Multiple Settlement modes
• Value dated billing
• Wires, cheques and multi-currency fund transfer
• Internet based MIS
• Flexible Charging methodology with discounting
• Credit Risk Tracking Mechanism Management
• Accounting Interface

• Supports
• Receivables Management
• Domestic Global Disbursements Mgmt.
• Funds Transfer
• Payment Gateway
• Reconciliation engine

19
Orbi-Trade

• Letter of Credit (LC)
• Export LC services
• Import LC services
• Inland LC
• Revolving LC
• Bills
• Pre shipment credit
• Export / Import Bills
• Inward /Outward Collections
• Guarantees
• Performance Guarantees
• Financial Guarantees
• Shipping Guarantee

• Features
• Highly Flexible work flow Imaging
• Provides ability to configure any business
  process flow
  
• Flexible Charging Module
• user definable charging base Charging methods
• Powerful Correspondence module
• Delivery through SWIFT, email, Telex, FAX
• Configurable settlement capability
• Auto via Swift
• Direct debit , Net settlement etc.

20
Orbi-Treasury

• Instruments Supported
• FX (Spot, Forward)
• MM
• Fixed Income Instruments
• Derivatives
• FX Option
• Also has Risk Management and ALM module

• Features
• Covers Front office, Mid Office and Back Office
  functionality
  
• STP (Straight Through Processing) for all deals
• Rule based accounting engine
• Online Blotters covering Position, PL,
  Mark-to-Market
  
• Built in interface with Reuters, SWIFT
• Live in 21 locations in Citigroup

21
Orbi-Armor

• Support for Industry Standards
• Cipher Suites (RSA/ Entrust, 3-DES, RC4, SHA-1)
  
  
• Protocols (SSL, LDAP)
• Public Key Infrastructure (PKI)
• Frameworks (JAAS, WebLogic SPI)
• COTS Security product support
• Safeword, SiteMinder,
• Multiple platform support
• Solaris, HP-UX, Digital Alpha, AIX, NT,
• Flexible and extensible
• Ability to support multiple Application and
  Technology architectures

• State-of the-art Integrated Information Security
  Solution
  
• Provides Authentication, Authorization and Single
  Sign-on
  
• Single sign-on allows user to securely access
  multiple applications
  
• Single-point administration tool for
  administrators
  
• Out-of-the-box Security functionality
• Enables faster development of security-enabled
  applications

22
OrbiPack - Awards

• Internet Banking Product
• Ranked 1 for robustness
• Asian Bankers Report
• September 2002

• Internet Banking Product
• Best in India
• 2 in Asia Pacific
• Asian Bankers Survey
• 2000

• Custody system
• Best Custodian System
• Global Custodian
• Last three years

• Imaging and Workflow
• Best IT solution
• Computer Society of India
• 1999

• System Architecture
• Heroic achievement in IT for visionary use of
  information in the fields of Finance, Insurance
  and Real Estate
  
• Recognition from Smithsonian Institute Washington
  
  
• 1993

• Cash Management
• Citigroup Ranked 1
• (Based on Orbi-System)
• Euromoney Magazine
• 2001