Going completely paperless End to end digitization in Banking and - PowerPoint PPT Presentation

Asia PKIC - International Symposium | 17-Dec-2014 “Going completely paperless” End to end digitization in Banking and Financial Services Industry Mr. V. Srinivasan, Chairman, India PKI Forum & Executive Chairman, eMudhra Limited

AGENDA o Going Green..!! o Evolution of Automation in Banking o Security and related aspects o Adoption of Digital Signatures o Banking Applications o Going from paper to paperless o Document Signing System o Digital Signatures and Value Proposition o Use cases in Banking, Insurance, Mutual Funds & Brokerages www.emudhra.com CONFIDENTIAL

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Document Signing System DATA-FLOW SYSTEMS Core Banking ALM AML While these systems handle the entire data Risk flow within and outside the organization, Treasury HRMS Management corresponding documents currently get signed and move physically Asset Liability General Trading Management Ledger DOCUMENT-SIGNING SYSTEM Document Signing System This can replace complete document movement associated with the data which are currently handled in physical files. • The above solution can offer a last mile solution towards truly eliminating paper by 100%. • The above system can have time stamping, encryption, validation, etc to ensure complete authenticity and security of the digital transactions www.emudhra.com CONFIDENTIAL

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Digitization for Banking TREASURY & RETAIL BANKING CORPORATE BANKING INVESTMENTS   LOANS,CREDIT CARDS, SAVINGS Deposits Application forms Investment Applications   ACCOUNTS, DEPOSITS Loan Applications forms Confirmation letters   LC Applications Redemption requests   Bill Discounting Applications Transfer Instruments  Applications forms   Guarantee Applications Depository & Custodial  Sanction Letters  Stock Statements related papers  Balance Confirmations   Balance Confirmations Balance Confirmation  Closure requests   All associated All related documents  All associated correspondence correspondence  Miscellaneous documents All paper workflows in these areas can be eliminated using Digital Signature. Further it can be used in HR, Finance, Legal and all Internal workflows www.emudhra.com CONFIDENTIAL

Digitization for Insurance Quotation request RE-INSURANCE Re-Insurance COMPANIES Quotation INSURANCE Policy Request COMPANY THIRD PARTY: CUSTOMER Policy Issuance Settlements (CORE ERP/ Vendors, Third CRM SYSTEM) parties Claim Submission Claim Settlement INVESTMENTS All paper workflows in these areas can be eliminated using Digital Signature. Further it can be used in HR, Finance, Legal and all Internal workflows www.emudhra.com CONFIDENTIAL

Digitization for Mutual Funds CUSTOMER SIDE INVESTMENT SIDE   Account opening Investment Applications   Investments in different Confirmation letters  funds Redemption requests   Redemption/ Switch Transfer Instruments  requests Depository & Custodial  Closure requests related papers   All statements issued by Balance Confirmation  fund All related documents All paper workflows in these areas can be eliminated using Digital Signature. Further it can be used in HR, Finance, Legal and all Internal workflows www.emudhra.com CONFIDENTIAL

Digitization for Brokerages CUSTOMER SIDE INVESTMENT SIDE  Brokerage Account Opening  Investment Applications  Depository Account Opening  Confirmation letters  All requests for investments  Redemption requests  Enhancement to facilities  Transfer Instruments  All trade confirmations  Depository & Custodial  All statements – Customer, related papers Other brokerages, stock  Balance Confirmation exchanges, depositories  All related documents  Settlement letters All paper workflows in these areas can be eliminated using Digital Signature. Further it can be used in HR, Finance, Legal and all Internal workflows www.emudhra.com CONFIDENTIAL

“Going completely paperless” End to end digitization in Banking and Financial Services Industry THANK YOU Presentation By Mr. V. Srinivasan Chairman, India PKI Forum Executive Chairman, eMudhra Limited srinivasan.v@emudhra.com www.emudhra.com CONFIDENTIAL