annual report 2013-14 - ... annual report 2013-14 annual report 2013-14 board of directors principal...

ANNUAL REPORT

2013-14

Annual

Report 2013-14

Board of Directors

Principal Bankers

Auditors

Registered Office

Mr. Hoshang N. Sinor, Chairman

Dr. Ashok Jhunjhunwala, Director

Mr. Ashok Shah, Director

Mr. N.S. Venkatesh, Nominee Director

Mr. K.M.Jayarao, Nominee Director

Mr. Madhivanan Balakrishnan, Managing Director and Global CEO

Mr. Charanjit Attra, Executive Director and Global CFO

IDBI Bank Ltd.

ICICI Bank Ltd.

Standard Chartered Bank

Lodha & Co.

R.G.N. Price & Co.

Tower #5, 3rd to 6th Floors,

International Infotech Park,

Vashi, Navi Mumbai -400703, India

Tel :+91 22 67928000

Fax :+91 22 67928099

3i Infotech is a Global Information Technology Company with a revenue of USD 239 million.

The Company was promoted in 1993 by the NYSE-listed ICICI Bank,

India’s largest private sector bank.

The Company's quality certifications include ISO 9001:2008 for BPO, ISO/

IEC 27001:2005 for Data Centre Operations and Capability Maturity

Model® Integration (CMMI®) Level 3.

More than 9000 employees in over 27 offices.

Over 1500 customers in more than 50 countries across !"# continents.

Offices across 12 countries.

Operational Geos are: Asia Pacific, China, South Asia, Middle East &

Africa, Kingdom of Saudi Arabia, Western Europe and North America.

Noida

Offices Delivery Centers

!"#$%!&!&'(!)!*+$,#&!&-' !&!.$&.'/$+0123+'4'5)36!)'789

:+$3+'23';3$&$&.''%!+$3D,'0&2$2$0,'$&'2#0'>$&!&1$!)'

,F!10@'

7#!+!&;$2'M22+!-'8C01D2$%0'/$+0123+'4'5)36!)'7N9

:+$3+'23';3$&$&.''M113D&2!&2'P'N$&!&1$!)'

M113D&2$&.'!&"'L0F3+2$&.'5+3DF,@'K0'#!,'B3+*0"'$&'!+0!,'3>' !&!.0E0&2'!&"'N$&!&1$!)'L0F3+2$&.'>3+'=7=7='6!&*'

3>>$10,'$&'=&"$!'!&"'!6+3!"A'60>3+0'B#$1#'#0'B!,'B$2#'Q: 5@

:!"E!&!6#!&'=G0+'-'K0!"'-':)!&&$&.'4'H2+!20.G'5+3DFA'>012$%0'KL'"0)$%0+G'E3"0)'$&')$&0'B$2#'6D,$&0,,'.3!),@'=&'#$,'1D++0&2'+3)0A'M,#$,#'"+$%0,'

2#0'KL'!.0&"!'>3+'

!"#$"%&'"()*+&,&-*./0(&1*")2&3045!&6#/"&789898:&

!"#$"%&!"();*#&5!*&89898&05*@!&C4#/(*##&/(&D/(.)0E&0>&3"4)/&6%"C/"&7D36:&-*./0(A&1*&F"#&*"%;/*%&F/5!&89898& "($&"#&1*")&,&

90%=0%"5*&6;;/"(@*#&G&'%0H*@5#&0>&-*E/55"(@*#&I/B/#/0(&78(5*%("5/0(";& "($/(.&%/@"&%*./0(A&

D%/#!&R&,&1*")&*&8(#4%"(@*&90&M5)&F!*%*&!*&

F"#&5!*&T/@*&'%*#/)*(5&"()&1*")&0>&N"%$*5/(.A&'%/0%&50&5!/#2&!*&!"#&F0%$*)&F/5!&89898& "($2&ULJ2&8I 8&

"($2&J%/50(&90EE4(/@"5/0(#2&6=5*@!&8(5*%(*5&G&I8-PN&N"%$*5/(.&3*%B/@*#A

8"(&1";;"E&,&904(5%+&1*")2&L*#5*%(&P4%0=*

8"(&!*")#&5!*&L*#5*%(&P4%0=*"(&.*0.%"=!+&"()&!"#&C**(&F/5!&5!*&VD&0=*%"5/0(#&>0%&0B*%&"&)*@")*A&

'%/0%&50&5!/#2&8"(&F"#&"##0@/"5*)&F/5!&69J&Q/("(@/";&3+#5*E#A&1/#&*K=*%/*(@*&/(&5!*&Q/("(@/";&8J*@50%2&

%"(.*#&>%0E%"5*./@&"==;/@"5/0(&)*B*;0=E*(5&"()*(/0%&$*+&"@@04(5&E"(".*E*(5&50&@%*"5/(.&"()&

)/%*@5/(.&C4#/(*##&G&=%0)4@5%"5*.+&"()&)*;/B*%+A

6C!"+&3/(!"&,&-*./0(&1*")2&3045!&6#/"&7R0(,89898:

6C!"+&/#&%*#=0(#/C;*&>0%&R0(&89898&3";*#&"()& 4#/(*##&0=*%"5/0(&>0%&3045!&6#/"&05*@!A&8(&"))/5/0(&50&5!/#2&!*&0B*%#**#&5!*&L*#5*%(&P4%0=*&3";*#&0=*%"5/0(#&>0%&8()/"&'%0)4@5#&"()&

3*%B/@*#A&'%/0%&50&5!/#2&6C!"+&F"#&"##0@/"5*)&F/5!&I/0(&&S=*%"5/(.&S>>/@*%A&

1*&!"#&%/@!&F0%$/(.&*K=*%/*(@*&F/5!&M892&3 82&J93&"()&PGW&/(&8()/"&"()&0B*%#*"#&E"%$*5A

1. Launch of 'MFUND PLUS'- 'MFund Plus' is a powerful web based Integrated Investment Management Solution,

catering to various sectors like Life Insurance, General Insurance, Asset Management, Portfolio Management,

Fund Accounting and Pension Fund Management. The key features of the product include real time limit

monitoring, scenario building, comprehensive dashboards, integrated investment systems, better internal controls

and seamless flow of data. Its flexible architecture ensures quick & easy interfacing with most of the common core

systems. It also provides analytical features such as deal impact analysis & portfolio simulation.

2. Launch of PREMIA 11J- a comprehensive core Insurance solution for Individual and Group Life business. Premia 11j covers end-to-end automation of insurance life cycle across customer acquisition, underwriting, re-insurance, policy administration, distribution management, persistency and claims management. The solution is built on a state of the art Java platform & robust Oracle database to deliver a scalable, stable, functionally & technologically superior product.

Contemporizing our offerings

Customer Relationship Management (CRM) Practice 3i Infotech has begun an exciting journey by setting up a practice in the area of CRM. We have partnered with CRMnext. 3i Infotech will benefit from this partnership as this would be an apt solution to be offered to our existing customers in the space of Banking, Insurance and ERP. 3i Infotech will also offer implementation and support services for CRMnext in Asia-Pacific, Middle-east, Africa and the Indian sub-continent which accounts for spends upwards of USD 2.5 billion on CRM solutions.

Re-engineering of delivery process

Mobility platform Zeus – Enterprise Mobility Zeus – Enterprise Mobility Framework is a first of its kind, cloud based configuration framework for extending any

B2B & B2C processes to mobile devices. Embedded configuration framework as a part of command center extends

its reach to cater to all industries. It has been built using 'container approach' which allows enterprises to introduce

changes to application in the live environment without any code change or version release. Inbuilt 'Reverse Mobile

Device Management (MDM) enables enterprises to embrace Bring Your Own Device (BYOD) without getting

concerned about enterprise data security and at the same time allows users to enjoy personal digital lifestyle.

Framework has inbuilt support for Insurance, Manufacturing & Corporate / Retail Lending industries.

1. Conference Room Piloting is introduced in specific projects as rapid implementation model. The preconfigured business processes have reduced the need of having to recreate the standard data sets which have reduced over all implementation life cycle.

2. On time delivery excellence of project delivery by tracking meaningful, measurable and manageable tasks of the Implementation life cycle on daily basis.

3. Customer relationship engagement has been embedded as part of the support process to continuously engage with the customer.

CFO India has honored our ED & Global CFO Charanjit

Attra with 'CFO100 Roll ofHonour'award. Charanjit is

receiving this award forthe third time for excellence in

corporate finance, March 2014.

3i Infotech Ltd. bagged the 'Best Overall Sustainable

Performance'at 'Africa Leadership Awards 2013' event in

Mauritius on Nov 27, 2013.

3i Infotech Ltd. ranked 51st in 2013 Fintech 100 Ranking,Nov 2013.

Empanelment byCERT-In asan IT Security Auditing

Organization for Block 2013 – 2015.

Institute of Public Enterprise recognized Padmanabhan Iyer,

MD & CEO 3i Infotech BPO, with 'IPE Corporate

Excellence Award (Corporate Excellence)' in Mumbai on

Oct 21, 2013.

Locuz (a subsidiary of 3i Infotech) won‘System

Integrator– South’; awarded again by CRN magazine,

Sept 2013.

SiliconIndia recognized 3iInfotech Ltd. asone of the

'Best Company to work for'; Published in SiliconIndia

July, 2013 issue.

Recognizedwith the 'Best Innovative IT Company Of

The Year' award at 'TimeResearchBusiness

Leadership Awards 2013',July 2013.

3i Infotech has once again been presented with an

award at the prestigious 'Systems In The City'

ceremony for its stockbroking and wealth

managementsolutions; Category: CostEffective

Solution Jun, 2013.

Ranked 60th in Pwc report May, 2013 on top 100

vendors in emerging markets; among one of the16

indiancompanies in the list.

US Consul General honored 3i InfotechLtd. with

the 'Best Enterprise ResourcePlanning Solution for

MRD and BFSI' Award, May 2013.

"I take this opportunity to thank you for your valuable contribution in AMLOCK Migration Project.