Opus Overview Deck - October 2024_ClientReady.pdf

Opus Technologies focuses on shaping the future of payments technology.

Opus Technologies focuses on shaping the future of payments technology. With experience building highly innovative solutions and products, we combine our deep technology proficiency with unmatched domain expertise in Payments and Fintech, enabling us to deliver unparalleled quality and value in everything we do.

Achievements:


- Built Electra suite of products: ATM/POS Switch, Card Management System, Payment Gateway, 65 Customers, 200+ Product Implementations across 30+ Countries.

- Subsidiary ElectraCard Services (ECS) drove more than 50,000 ATMs and 250,000 POS and processed 2 billion transactions annually. ECS was acquired by Mastercard in 2014.

- Global SI projects to integrate 400+ banks and mobile companies into the #1 global remittance network. It was acquired by Western Union in 2017.

- Received Payment Card Industry Data Security Standard (PCI DSS) v4.0 certification, a trusted global payment card security standard.

- Deployment of the first three EFT switches in India.
- Implementation experience in India, Taiwan, Sri Lanka, the UAE, and the Philippines.

- Partners to Petroleum Payment Solution Providers for Forecourt System: NCR, Wayne - A GE Energy Business

- Built and deployed the mTalk Messaging system for the Top 5 Taiwanese brokerage firms, accounting for 70% of Taiwan Stock Exchange orders.

- Product development partner with Acculynk for their Debit Authorization system. Acquired by First Data.

- Engagement with key Prepaid card processors—NetSpend, eCommlink, Store Financials.
Preferred vendor to support the largest P2P provider for 15+ years; systems development, support for P2P, MMT, H2H, POS, fraud, and compliance systems

- First to introduce prepaid cards in India in 2003

1. Introduction to Opus

2. 4
Global locations -
US, Canada, UK, India
100+
Certified Cloud, API,
DevOps, Data, AI/ML
Practitioners
~27
Years of Existence
5+
Minimum industry
experience of our
employees
1500+
Person years of
Payments domain
expertise
40%
Employees with
Digital Skills
800+
Global headcount
Who We Are

3. Opus Technologies focuses on shaping the future of payments and banking
technologies. With experience building highly innovative solutions and
products, we combine our deep technology proficiency with unmatched
domain expertise in Payments and Fintech, enabling us to deliver unparalleled
quality and value in everything we do.
Our team partners with a diverse global customer base, ranging from start-
ups to Fortune 500 financial leaders, all focused on digital transformation and
driving innovation in payments with AI-first and Cloud-first approaches.
About Opus

4. Best Global Prepaid
Service Provider award.
Listed in Deloitte
Technology Fast 50 and Red
Herring Top 100 Asia
1997
Opus Software Services
was founded. Built an
ATM switch for a
global giant in ATM
technologies
2001
Deployed Fuel Pay
solutions in APAC.
ElectraCard
payments platform
launched
2005
First to implement
Biometric ATM,
BNAs in India
2003
Introduced
prepaid cards in
India
2007
Initiated EMV Certification.
First to deploy EFT Switch
and Active-Active config in
APAC
2011 2017
Western Union acquired
a part of Opus’
Remittance services
organization, leveraging
domain expertise
2014
ElectraCard was acquired by
Mastercard for its turnkey
issuing, acquiring and
switching solutions
2019
Sharpens focus on Digital
Transformation and
works on strengthening
market position
2023
& Beyond
Focus on delivering cutting-
edge AI-led technology
solutions through Intelligent
Innovation.
Company rebranded to Opus
Technologies
Key Milestones

5. Strategic Services
•Card Issuance and Card
Management
•Payment Switch and Payment
Processing
•Card Modernization
•Switch Modernization
•Revenue Drivers - BNPL, Virtual
Cards, Contactless payments
Offerings @Opus
Other Enterprise
Offerings
•Liquidity & Cash Management
•Reconciliation
•Fraud Management
•Dispute Management &
Investigations
Banking
•Retail and Commercial
Banking
•Digital Banking
•Core Banking
Commerce 360
•Digital Commerce
•Omni-Commerce
•Merchant Onboarding
•Merchant Acquiring
•PayFac
Cards And Transaction
Processing
Money Movement
•Real-Time Payments (RTP)
•High Value and Cross-Border
Payments
•Bulk And Batch Payments
•Payment Modernization
•Revenue Drivers -B2B, B2C,
G2C, C2B, P2P
Alternate Payments
•Digital Wallet
•Crypto, Stable Coins, CBDCs
Modernization
•Cloud Adoption Services
•Cloud-Friendly Application Development
•Legacy Modernization
•APIfication
•FinTech Innovation Services
Platform Engineering
DevSecOps & SRE
•DevOps Advisory Services
•DevOps Transformation Services
•DevSecOps As A Service
•Automated Infrastructure Management
•SRE services
•DevOps Dashboard & Metrics Services
•AlOps Services
Data-Led Modernization
•Data Stack Modernization
•Data Governance, Management, Migration &
Security
•Data Science & AI/ML Services
•Data Analytics Services
Industry Segment
•Product Advisory Services
•Quality Assurance & Testing
•Product Maintenance & Support
Platform Engineering

6. Platform & Solutions @ Opus
[New-Age Technology Solutions Enabling Frictionless Banking and Payments]
Open Innovation Platform to Accelerate Adoption
of AI in Banking and Payments
FinGeniusAI brings together clients, partners, and
financial institutions to develop future-proof
solutions with Opus Technologies. It aims to
address critical challenges faced by the banking
and payment industry and enable easier
implementation with faster build, test, and
deployment cycles.
•Incubating innovative solutions for industry-
specific use cases
•Bringing together expertise to overcome
adoption hurdles
•Development of POCs for low-cost use case
testing
FinGeniusAI
Solution for banks and merchants. Intelligent routing powered by AI to ensure a seamless
experience with low failed authorizations and access to wider payment options.
Intelligent Payment Routing
Cash Flow Forecasting
Powerful adaptive learning in predictive analysis to determine cash flow requirements. Provides
liquidity control and eliminates payment delays.
Multiple use cases under testing in collaboration with leading banks and FinTechs. GenAI and LLM
based POCs being developed
GenAI and LLM
Payment Enrichment with Auto-Repair
Complex machine learning techniques to auto-repair payments based on past fixes. Ensures
faster payments and higher STP rates.

7. Platform & Solutions @ Opus
[New-Age Technology Solutions Enabling Frictionless Banking and Payments]
[Accelerators and Configurable Frameworks to Streamline Payment Integration]
Paysemble is a centralized yet loosely coupled set of frameworks to accelerate payment integration. The cloud-based architecture with automated processes ensures
fast development, reliable performance, and simplified maintenance. It supports PCI/PA-DSS compliant features to handle even complex financial transactions.
Paysemble
Message Translation Layer
Message transformation and routing engine that supports various
protocols, communication channels and message formats.
Orchestration Layer
Intelligent orchestration component to support different workflows
and regimes. The orchestration layer can be configured to parse
messages, route communication to destination, build response, store
context and more.
Interface Layer
A highly extensible interface and communications layer ensures
support for different use cases, such as retail payments, money
movement, integration with TCH RTP and FedNow.

8. Test Case maintenance is a pain for QA engineers , constant
changes to UI elements requires changes to test cases.
Maintenance requires 30-70% of QA effort in any Software
Development Life Cycle.
Automated Test case creation requires programming
knowledge and is not intuitive.
Defect Root Cause Analysis is always a manual process and
needs intervention by experts.
Test Data is created externally, even if it is automatically
created using a standard tool.
Test Execution Reporting & Analysis is mostly manual and is
not always trivial.
Revolutionize Your Testing with AI-powered Automation
⚬Leverage our custom-developed framework: Opus AI-
powered test automation.
⚬Achieve comprehensive test coverage with minimal effort.
Opus AI-Powered Test Automation Framework
⚬Partner led solutions augmented with Opus’s payment
domain prowess
⚬Custom features based on your needs.
Partnership-based Solutions
Benefits
Improved Quality
•Robust Testing
Practices
•In-Sprint Testing
Our ApproachesIndustry Challenges
Enhanced Coverage
•Increase coverage by
1.5 X
Increased Efficiency
•Accelerate test
execution cycles by
7-10X
•Reduce maintenance
by 70%

9. Opus Test Automation Framework as Accelerator
•Opus framework is not a product but is an accelerator
•It has pre-built components as depicted in the Framework component layout
•It is built as Behavior Driven Test Automation using Java and Cucumber
•It can be used to accelerate the Test Automation implementation to reduce the design efforts by 40%
to 60% and implementation by 20% to 30%
Advantages of Opus Framework
Test Automation Framework – Proposed Components
Data Management
(Dataset and Data Population)
Database Validation
(Amount, Balance, etc.)
Request Management
(Msg Template Re-usability)
Log file Validation
Test Case Management
(Maintaining, Designing Templates
and Grouping/Labeling the tests)
Cross-Platform Testing
(Configuration to test Foundation,
Cores independently)
Common Validation
(Req & Resp Field level Validation)
Cross-Environment Testing
(Dev, Test, UAT, etc.)
Self Healing
Capabilities
Test Report Auto
Analysis
AI Led Test Data
Generation
Log File Analysis
using AI
AI-Led Test Case
Generation
Legends
The component is largely built; customization
for specific testing is required
The component
is built to some
extent
To be
custom-
built
Roadmap -
AI
Capabilities
•Data Simulation: Continuous improvement in simulating test data based on missing/new scenarios,
cleaning, generation, categorization, optimization
•Test Case Creation: Extraction of steps from user stories, test data load association, self-healing of
test cases
•Test Case Management: Categorization of test cases, optimization
•Log File Validation: Validation of test results against log file entries. Error log analysis.
•Report Analysis: Validation of test results against log file entries, RCA
Advantages of AI-based implementation
(Futuristic approach)
AI Components

10. Making Real Impact With Customers & Partners
Achieving Success Together
We help leading global organizations build payment solutions for the future using next-gen technologies.
Marquee Clients
Cards, Commerce, Money Movement & Transaction
Processing
Key Partnerships
API Modernization
Cloud Transformation
Industry Partners

11. Cards @ Opus
Modernizing Card Issuing Platforms – API first approach
Cards Modernization
Digital-first, NextGen Platform re-
architecture for Card Issuers and
Service Providers
Run & Change Efficiency
Automated service deployment and
governance aiming for zero end user
computing
Revenue Drivers
Helping build differentiated use
cases in Card Issuing space –
•Digital Wallet Push Provisioning
•Buy Now Pay Later
•Virtual Cards,
•Multi-currency Cards
•Digital PIN
•Card Controls
Transformational
Monetize through Marketplace APIs
delivering experience beyond legacy
offering
Case Studies
Industry-leading Cards Practice helping Issuers transform by leading
with Open Banking, BIAN standards, and API-first cloud-native solutions
15+ years of deep industry experience
100+ Cards Consultants spread across global locations
Experience across Debit, Credit, and Prepaid issuing Card Products
Practice Overview
Co-developed a modern
cloud-native issuing platform
for one of the industry
leading payment technology
provider in the US
API-led transformation
for a large card issuing
system in the US ,
delivering a FinTech
marketplace
Enabled a large financial
institution in the UK to
refresh their card processing
business as part of their
digital transformation goals.
Partnered with a payment
provider in Eastern Europe
to modernize their issuing
platform by implementing
partner solution
Our Offerings
Assessments
•Platform Modernization
Strategy & Planning
•Market Capabilities Study
/ fitment analysis
•Technology Blueprint
Platform Engineering
•Cloud-native API/Microservices
architecture approach
•Re-architecture for foundational
capabilities - Event driven
system, & Enterprise integration
• Flexible workflow engine
Systems Integration
•Implementations
•Migrations
•Upgrade
•Compliance
Solution Accelerators
Packaged solutions frameworks, Deep
industry experience , Non-repeatable,
Faster rollouts
API Marketplace / DevX
•Developer Experience API
Strategy & Design
•Consulting on BIAN
Architecture framework
•Approach to Orchestration
capabilities

12. Money Movement @ Opus
Leading with differentiation and Subject Matter Expertise
Payment Modernization
Digital-first, NextGen Platform re-
architecture for Financial Institutions,
Retailers, and Solution Providers
Run & Change Efficiency
Automated service deployment and
governance aiming for zero end user
computing
Revenue Drivers
Helping build differentiated use
cases with emerging Payment rails,
also optimize the TCO
Transformational
Monetize through Marketplace APIs
delivering experience beyond legacy
offering
Solution Accelerators
Packaged solutions frameworks, Deep
industry experience, Non-repeatable,
and Faster rollouts
Case Studies
•Opus brings differentiated capabilities and experience in the fast-innovating Payments space
•We help our clients with Payments Strategy, Consulting, and Systems Integration
•We are a member of US Faster Payments Council who is harmonizing instant payments in USA
•We are partnered with leading providers of Payments Platform, Solutions (hub), and Gateways
•Key competency – ACH, Wire, SWIFT, ISO20022, RTP, Zelle, Cross-border rails
•Key Offerings – Payment modernization with API first strategy, MT to MX/ISO20022 migration,
Assessment and deployment of Payment hubs
Practice Overview
Faster Payments Gateway
✓Ongoing engagement.
Opus has been a key
partner for NCR for 15+
years
✓Partnered in the
deployment of Platform as
a Service (PaaS) offering
for UK Faster Payments for
a leading Payment Provider
Remittance Platform RTP Platform
✓Strategic partner for Western
Union for 18+ years for their
Remittance platforms.
Headcount of 500+
✓Developed ‘Open APIs’ as a
single access point for
merchants / partners
consuming services along
with backward compatibility
with existing Gateway
partners
✓Designed a highly scalable and
configurable solution for RTP
Release Automation, Test
simulation (ISO20022 messages),
and Rule quality checks
✓The solution offers black box
testing with an ability to capture
predefined snapshot of over a
million messages before any
rollout for RTP engine

13. Commerce @ Opus
Driving the shift towards Omni Commerce and bundled solutions
Practice Overview
360 degree Customer View
Holistic engagement and interaction
strategy for Customers through the
lifecycle - Acquisition, Sales,
Onboarding, and Servicing
Cohesiveness
Integration with key systems - KYC,
OFAC, AML, Credit Risk Scoring,
Treasury, Fraud, and fintech solutions
enriching the customer experience
Revenue Drivers
•Omni Commerce
•Least cost routing to Acquirers
•Checkout modernization - BNPL,
Pay by Account
•Bundled POS, Payments & Loyalty
•PayFac opportunity
Transformation
API-led Marketplace approach for
delivering experience beyond legacy
offerings
Solution Accelerators
Packaged solutions frameworks that
allows Merchant onboarding through
various CRM and serve merchants
Case Studies
mPOS to Acquirer integration PCR (Forecourt Systems)Back Office Modernization Merchant Platform Consolidation
✓Integrated the smart POS terminal
to the preferred acquirer
✓Certified the acquirer/processor
for L3 EMV card scheme
certification which includes
contact and contactless interface
✓Implemented Payload message
from internal (JSON) to
external(JSON/ISO 8583, ISO
200022, XML , Hypercom, cyber
net and any proprietary) message
format and vice versa
✓With this platform, Payments and
finance teams can track, manage &
resolve all their data ingestion,
reconciliation & exception resolution
activities to mitigate revenue leakage
and write-offs in a secure cloud-
based environment
✓Pre-configured exception
management workflows for timely
case issue resolutions
✓PCCI-DSS secure environment and
SOX Compliant
✓Consolidation of multiple
Payment Gateways resulting in
savings of over $5m annually
✓The initiative involved migration
of 140k merchants to the
consolidated platform
✓Led the overall solution design,
development and migration
planning
✓Co-development model
embedding scrum teams within
the client workforce
✓Developed Payment Interfaces for
First Data(ATL105 - Buypass),
Heartland (NTS protocol),
Chevron(ISO8583), Connexus POS
✓Integrated with Loyalty platform
like Comarch, Chevron loyalty
hosts
✓For Mobile payments, Certified
with First Data using FD connector
switch legacy interface
•Opus has been serving variety of Retailer segments including Grocery, PCR, Restaurants, and SMB
•We are member of emerging standards and industry associations - including Nexo and ETA
•We offer our Consulting and Integration Services for - Merchants Management, Onboarding,
Merchant Risk Assessment, CRM Integration, Inventory Management, Integration Gateways
•We enable Merchants to enrich their checkout options accepting various forms of Payments, manage
the Clearing & Settlement with networks and FIs
•We support capabilities like – Multicurrency, Multi-time-zone settlement, Currency conversion, etc.
•We have several accelerators like Merchant onboarding developed using Salesforce

14. Acquiring/Issuing/Terminal Driving
•ATM Driving (NDC, DDC, nexo)
•POS Driving (SPDH, Hypercom, nexo)
•Ecom/Digital/Contactless
•Merchant Management
Authorization/Authentication
•Single and Dual Messaging
•Authorization Rules
•Transaction Security, EMV, Tokenization
•Balances, Usage and Limit Management
Routing/Switching/STIP
•Message orchestration, transformation and
enrichment
•Single/Split Routing, Timer Management
•Stand In Processing, SAFing
Card Schemes Integration
•International Card Networks: VISA,
MasterCard, Amex etc...
•Regional/Domestic Card Networks: VISA
DPS, TSYS, LINK, Interac etc...
Back Office
•Clearing and Reconciliation
•Settlement
•Dispute and Chargeback Management
•Pivoted on next generation technologies laying the foundation of the ‘Switch of the future’
•Partnering with the leading brands helping them modernize their legacy Switch offerings
•Anchored several Cloud certifications (like GCAF) and benchmarking exercises for the Switch
•Successful track record with marquee Financial institutions, acquirers /Issuers, PSPs and
FinTechs
•Solid SMEs with deep expertise in Transaction Processing space
25+ years of deep industry experience
150+ Consultants from spread across global locations
20+ Major Banks
150+ Transaction processing practitioners
170+ customers served for Switch Solution
Practice Overview
3
rd
Party Integration
•Core Banking
•HSM
•Any message format: ISO 8583, ISO20022,
XML, JSON etc...
•TCP/IP, HTTP, MQ
Transaction Processing @ Opus
Deep expertise with leading Payments Switch Solutions in the market
Our Experience

15. Retail Banking @ Opus
Driving toward unique user experiences leveraging Digital
•Opus brings differentiated capabilities and experience in the Retail Banking space
•We partner with key Solution providers helping them build modern platform solutions leading
with a Digital-first strategy
•Key competency – Self-Service Banking, Branch modernization, Remote Check Deposit, Digital
Account Opening, and DevX / Experience APIs
•Key Offerings – Strategy & Roadmap planning, Due Diligence, Impact Assessments, Prototyping,
Cloud deployments, Product Development, and Systems Integration
Practice Overview
Branch, Modernization
Modern service platform connecting
legacy infrastructure- ATM, ITM, Branch
with Digital Banking for account services,
Sales, Onboarding and Marketing
Transaction Interoperability
Capability facilitating message
interoperability from traditional formats
NDC, NDCe, ISO, SOAP, XML based to
Open API standards
Revenue Drivers
Helping build differentiated use cases with
BaaS strategy
•Digital account opening
•Instant card issuance
•Issuer led Buy Now Pay Later offers
•Omni-channel banking platform
•Voice / Conversational Banking
•Promotions & Rewards
Transformational
Monetize through Marketplace APIs
delivering experience beyond legacy
offering
Integration Capability
Modern enterprise integration
capability for multiple traditional
Core Banking platforms
Case Studies
Channel Services Platform Digital Account Opening
✓Partnered with NCR for a
synchronized integration
within banking infrastructure
and Terfina to offer instant
account opening along with
card issuance
✓Helped NCR with a strategy to
deliver a unified solution
encompassing its banking,
card issuing , account opening
and lending solutions.
Banking-as-a-Service
✓Assisting the customer in
introducing experience
APIs on their marketplace
for a variety of Banking
capabilities
✓Developed orchestration
layer between the
marketplace APIs and the
Core systems adopting API
management platforms
and choreography tools
Digital Banking
✓Build adjunct use cases
within NCR card platform
for NCR digital banking
platform to deliver several
cards and accounts
management use cases to
its partner issuers, credit
unions.
✓The cloud-native solution
delivered on a GCP
platform with end-to-end
DevSecOps pipeline
✓Branch, ITM/ATM
modernization to support
modern API integration
capabilities
✓The cloud-native solution
delivers foundational
capabilities and core
integration adapters for NCR
Channel Service to integrate
with FIS IBS, Finastra, Hogan
and several other core
banking infrastructures

16. Diversity, Equity & Inclusion – DEI
Focused Approach Towards Inclusivity
Opus believes in creating a Diverse, Equitable, and Inclusive (DEI) workplace. Celebrating our differences and ensuring
fairness. Our DEI model represents a powerful framework for building inclusive societies, organizations, and
communities.
Workplace security
initiatives
Educating and upskilling
initiatives
(DNI, Pride month
celebration)
Inclusive Environment
Encouraging women
leadership
Women-led hiring
initiatives
~25% women in Tech @ Opus

17. Opus for the Community & Sustainability
Empowering Communities and Fostering a Sustainable Future
3 PILLARS OF ENABLEMENT
A note from Mr. Ramesh Mengawade, Founder and Executive Chairman of Opus
“At Opus, we are committed to creating a better tomorrow. In addition to driving value for our customers, employees, and stakeholders, we are also on a mission to give back to the
socio-economically backward communities and back projects that create a greener future by building innovative sustainable solutions for the environment.”
Pi GREEN is Clean Air innovation company. This startup addresses the issue of severe public health scare in the form of air pollution. An
investment of $4.5 million in Series A funding
•Sponsor education annually
for 1000+ meritorious
students from socio-
economically backward
families
•Financial support for career
counseling ensures
continuous development and
empowerment of the
students
•Addressing environmental challenges by supporting
sustainability, ecological balance, and community
welfare
•Planted more than 30,000+ trees around 50 acres of
land in and around Dhavalgaon\Maharashtra\India
and nearby villages
•We are helping farmers earn better by making the
most out of their land. In our efforts to save the
environment, we provide monetary support to those
farmers who permit us to plant trees on their barren
land
•We are transforming employment
aspirations and accelerating rural
revival initiatives by bringing jobs to
villages.
•In a bid to expandthe local talent
pool, we provide skill development
programs and employment
opportunities for youth in their
villages.
•Created 300+ employment since the
last 10 financial years in Dhavalgaon
and nearby villages
Opus Shiksha Farmers For Forest Rural Employment
Investment in Sustainability Startup

18. @OpusTechGlobal
@opustechnologies
https://www.opustechglobal.com/
Opus Technologies Inc.
2500 Northwinds Pkwy, Suite 350, Alpharetta 30009
Thank You