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Benefits of Enterprise-ready Open Source solutions for the BFSI sector

July 2011

Benefits of Open Source


Clients that deployed Open Source saved an average of 93% in the first year alone over solutions from IBM and Oracle

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Agenda
Open Source for BFSI Client Success Stories Open Source Integrated Content Management Portal (ICMP) CIGNEX Introduction Q&A

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Typical Challenges faced by BFSI Clients


Shrinking IT Budgets Lack of Flexibility Inability to Innovate Evolving Regulatory & Policy requirements

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Open Source in BFSI


Ripe for adoption

Financial Portals
SME, Private Banks, Corporate & Institutions, Hedge Funds Intranet Portals, Client Extranet Portals, Mobile Portals

Document, Contracts and Records Management Procurement and Invoice Management Business Process Automation Business Intelligence Enterprise Mobility

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Leading Open Source Technologies for BFSI


The leading Open Source Enterprise Content Management (ECM) solution provider
The only Open Source provider of mailroom automation solutions, extracting data from documents in paper, fax and electronic formats
Open Source alternative to: EMC Documentum IBM FileNet Oracle Web Center Content Microsoft SharePoint

Open Source alternative to: Kofax EMC-Captiva IBM Readsoft Open Source alternative to: Oracle Weblogic Portal IBM WebSphere Portal Microsoft SharePoint SAP Portal

The leading provider of Open Source Enterprise Portal and Social Collaboration solutions

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Client Success Stories


How the adoption of Enterprise Open Source has helped global financial sector clients reduce TCO

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Representative Success Stories


Leading Integrated Financial Services company providing reinsurance solutions
Alfresco-based automated invoice approval system through intelligent business automation (workflow) Reduced approval time from 1-3 weeks to 15-30 minutes

Leading Asian Financial Services Group


Alfresco-based online procurement & contract management solution improved operational efficiency, reduced cycle time Integrated with PeopleSoft Accounts Payable system Rolled out across 6 Countries Hong Kong, Taiwan, Indonesia, Singapore, China and India Over 70% reduction in cost over proprietary solutions

Leading US based Insurance Company


Alfresco & Drupal based public facing website, sophisticated workflow for training curriculum & schedule

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Alfresco based Document & Records Management


Financial arm of a major Japanese industrial and financial conglomerate Challenges faced
Inefficient semi-automated document management workflow to publish financial, research and intra-day reports to customers in English and Japanese Increased legal risk due to lack of audit trail

CIGNEX Solution
Standardized 6-step workflow - Create, Edit, Supervisor Review, Legal Approval, Publish, Translate to minimise compliance risk Seamless integration with all in-house applications across analytics, authoring, coverage, distribution and MIS

The Benefits
Reduced report publishing time by 70% TCO of the Alfresco based DM & RM solution over 70% lower than alternatives Eliminated vendor lock-in

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Representative Success Stories


Leading global financial institution
Feature rich collaborative portal with powerful CMS functionality including web 2.0 features, real time collaboration, personalization and Bankopedia Speedy updates & Marketing team in charge of content

European leader in global banking and financial services


Client Portals across 4 segments - SME, Private Banks, Corporate & Institutions and Hedge Funds Mobile Extension of Client Portal under execution

Leading Asian Financial Services Group


Next generation Liferay Intranet portal with Web 2.0 features to enable engagement and collaboration among 16,000 employees
Rich end-user experience through Events Calendar, Weekly Poll, Video, Stories, Documents, Visual Gallery Faster dissemination of information through a portal that is seeing high adoption

CIGNEX solution 50% economical compare to other vendors


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Liferay Portal for Innovation Management


Client overview
3rd largest Financial Services company in USA with $98.6 billion revenue

Challenges faced
Improve Competitiveness by
Empowering employees Driving innovation & ideas Improving internal communication

CIGNEX Solution
Innovation Management System based on Web 2.0 principles Allows 300,000 employees to contribute process improvement and innovation ideas Liferay Portal 5.2 integrated with backend systems and advanced dashboards
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Open Source ICMP Solution


Integrated Content Management and Portal

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Integrated Content Management Portal (ICMP)


Powerful unified solution
Create, manage, personalize & deliver enterprise content
Business operations Documents and discussions E-mail, Web pages, records and rich media

Common content platform and repository

One architecture, multiple choices


Flexible solution Re-use of enterprise content across multiple delivery channels
Internet, Intranet, Mobile, Promotion channels, etc.

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ICMP Architecture
Internet Banking Mobile Banking E-Payments Social Networks

Ephesoft
Scanners, Fax, Doc Capture

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Benefits of ICMP
Increased productivity
Improved communications with employees, partners, and customers Business in control
Business users in charge of content Scalability -easy to add sites

Lower TCO
Reduction in IT investments (Websites, ECM, AMC) through unified Open Source architecture

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Success Story
CIGNEX helped Posadas achieve their business and technology goals with an innovative Liferay Portal and Alfresco Web Content Management Solution & reduced TCO by over 40%.
Increased RevPAR

Posadas selected CIGNEX to create a state-of-the-art hospitality portal for the Posadas brands to enable strong brand recognition. CIGNEX was instrumental in architecting & delivering Phase 1 using Alfresco & Liferay, within a short span of six months. We are delighted with the next generation architecture which reduces the TCO by over 40% of our previous solution. Leopoldo Toro Strategy & Innovation Director CIGNEX Confidential

Reduced TCO

Improved Guest Experience

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CIGNEX
Brief Overview

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What We Do
In the last 10 years, CIGNEX helped clients save over US$ 500 Million by adopting Commercial Open Source Software across 200+ implementations

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the Vision
To build a next generation technology services company that Makes Open Source Work for Enterprises

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Where We Can Help You

portals intranets extranets e-commerce content management social collaboration mobile apps ICMP
Integration

integration & ESB


DAM

contract management document management records management digital asset management business process/workflow business intelligence SAP services and more

Open Source Center of Excellence (CoE)

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Why CIGNEX?
Aligned to Client Business Goals
Clients have saved over US$ 500 Million across 200+ implementations

400+ consultants with access to internal knowledge base


Developed over 10 years Accelerated deployments

Preferred relationship with Partners


Platinum Partner to Liferay & Alfresco Global Partner to Ephesoft Gold Partner to Magento Commerce, Acquia (Drupal),

Thought Leaders
Proven approach for successful Open Source adoption evolved along with our clients
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Are you ready to migrate?

We make Open Source work, for you.

Munwar Shariff CTO munwar@cignex.com

THANK YOU!
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APPENDIX

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How CIGNEX engages with Clients

Educate
(Benefits of Open Source)

Advise
(Adoption Partial / Complete)

Manage
(Transition & Integration)

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CIGNEX Global Footprint

California | Colorado | New Jersey | Houston | UK | UAE | India | Singapore | Malaysia | Thailand
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Our Enterprise Solutions Toolkit

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200+ Successful Implementations worldwide


Telecom & Media

Healthcare

Banking, Financial Services & Insurance


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200+ Successful Implementations worldwide (Cont.)

Education

High Tech

Others

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Recognition of Excellence

2011, GESIA Best Software & Highest Employment Generator

2010, Alfresco Apac 2010, Alfresco North America Partner of the Year Partner of the Year

2010, Liferay Partner of the Year

http://www.alfresco.com/customers/awards/

2009, Alfresco Credit Crunch Innovation Award

2008, Alfrescos WCM Implementation of the Year Activision

2006, IDC recognizes CIGNEX in the Open Source Services Report

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Resources to help you!

Dr. Jonas Yuan


Senior Technical Analyst

Munwar Shariff
CTO

. to support the community and to perpetuate the adoption of enterprise class Open Source Solutions CIGNEX Confidential 30

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