CONFIDENTIAL
About Rubik Financial Limited
August 2009
CONFIDENTIAL 1
Rubik – a snapshot
• Publicly listed on Australian Stock Exchange – ASX:RFL
• 75 Staff – Sydney, Perth, Singapore, Dubai, Jakarta
• 340 client institutions – mostly banks, building societies
and credit unions
• Key product lines include:
– Phone & Mobile banking – 90%+ market share in Oceania
– Internet Banking & Security – 20% share in Australia, 80% share in NZ
– Card & Payments Systems – minor share
– Receivables & Recoveries Systems – 70%+ in Australia, minor
global
CONFIDENTIAL 2
Rubik‟s Mission & Vision
Mission
Rubik Financial will achieve compelling growth in shareholder value through
exploitation of profitable niches within the financial services sector.
Vision
Deliver a flexible, low cost, hosted, “Bank-in-a-Box” technology platform to financial institutions.
Bank-in-a-Box
FlexibleA suite of integrated systems for meeting banking system needs
Low costDecrease complexity & cost of technology to 30% of current costs
HostedProvide a secure, highly available, compliant environment
Rubik now has the core functions for the „Bank-in-a-Box‟. Rubik continues to seek new
opportunities consistent with its stated mission.
CONFIDENTIAL 3
Long Term Strategy – 5 to10 years
Rubik‟s long term goal is to deliver „Frictionless Banking‟.
• Deliver lower costs of products and services to consumers (members) by
decreasing the overall cost of delivery for Financial Institutions
– Targeting a reduction of technology spend per Financial Institution by
over 30% to reduce cost-to-income ratio by at least 10%
– Manage entire technology needs of 75% of all financial institutions in
Australia and New Zealand – ie. deliver scale benefits to the majority of
Financial Institution market
– Deliver specialist product solutions to T24 customers and financial
institutions worldwide
– Provide a single instance, multibranded, highly configurable „Bank-in-a-
Box‟ capability with all services priced at marginal cost.
CONFIDENTIAL 4
Financial services is IT Intensive
Due to customer needs and regulatory requirements, financial institutions, regardless of size, need to provide
very similar services to their customers.
PrivateHigh WorthPremiumMass MarketValue
Customer Segments
Branch InternetIVR/Call
CentreBroker
ATM/
EFTPOSSMS/Mobile
Distribution Channels
CommercialInsuranceSavings AccountsOverdraftsCredit Card
Transaction
AccountsManaged FundsEquitiesConsumer LoansHome Loans
Products
Customer DataAuditInterfacesReportingSecurity
Documentation General LedgerPaymentsImagingAuthorities
Infrastructure Services
CONFIDENTIAL 5
Product offering moving to value proposition
Collections
CWX – 1st
Party
Agency Mgt
Legal recoveries
Mgt Console
Mercantile 3rd Party
Delinquency Mgt
Phone Banking
IVR
VOIP
SMS Banking
Mobile Banking
Cash Dispenser
Internet Banking
Online banking
Factor 2
Online Apps
Cards & Payments
Card Mgt
SPX
Bpay
Hosted & Managed Services
• Secure, dual site setup with DRP and BCP in place
• Standard Interfaces & shared development
• Managed hardware, network, software, and services
• Centralised business process for non-core activities
Transactional Services
• Payments - SPX
• Accounts – T24
• Online banking
- IB
• Phone Banking -IVR
• EFTPOS - CMS
• ATM - CDM
• Host – T24
• GL – T24
Operations & Processing
• Loan & Customer Administration – T24
• Fraud – IMTF
• Reporting -Mgt Console
• Imaging and Document management – T24
• Collections -CWX
• Workflow -WWF
CustomerAcquisition
• CRM - ARC
• Internet - IB
• Security – F2,
SMS, Token
• Sales Management -Sugar
• Simulators / calculators
• Voice systems –Swift Call
• Branch systems -Teller
• Kiosk - SwiftCash
Rubik sells 4 product lines today, but increasingly will be selling a single value
proposition – the “Bank-in-a-Box”
Already hosted by Rubik
CONFIDENTIAL 6
Our “Bank-in-a-Box”
Rubik aims to match the business needs of financial institutions, not just provide systems.
Transactional
Services
Operations & Processing
Customer
Acquisition
Hosted & Managed Services
• CRM - ARC
• Internet - IB
• Security – F2, SMS, Token
• Marketing – T24
• Sales Management -Sugar
• Simulators / calculators
• Voice systems – Swift Call
• Branch systems - Teller
• Kiosk - SwiftCash
• Loan & Customer Administration – T24
• Fraud – IMTF
• Reporting - Mgt Console
• Imaging and
Document management – T24
• Collections - CWX
• Workflow - WWF
• Secure, dual site setup with DRP and BCP in place
• Standard Interfaces & shared development
• Managed hardware, network, software, and services
• Centralised business process for non-core activities
• Payments - SPX
• Accounts – T24
• Online banking - IB
• Phone Banking - IVR
• EFTPOS - CMS
• ATM - CDM
• Host – T24
• GL – T24
CONFIDENTIAL 7
Rubik Product Range
Products
– Phone & Mobile banking
– Internet Banking & Security
– Card & Payments Systems
– Receivables & Recoveries Systems
Value Proposition
– Bank-in-a-Box
CONFIDENTIAL 8
Phone banking
• 250 installations with 190+ ADIs use
system in Australia
• Analogue, digital or VOIP
• Many features
– Balances
– Transactions
– Payments
– Process automation
– Limit controls
– Locator services
• Hosted or in-house
• Disaster Recovery site
Core Banking
System
PABXIVR
Phone
Banking
Host
Interface
ReportsManagement
Console
Database
VOIP
PSTN
E1
CONFIDENTIAL 9
Mobile Banking
• Patented approach
• iPhone and browser
• Audio enabled
• Easy to use & intuitive User Interface
specifically designed for the mobile
phone - not a scaled down standard Internet banking app
• Only secure browser based mobile
solution on the market
• Adopted by a regional bank
• Anticipate quick adoption by online banking customers
CONFIDENTIAL 10
Next generation Internet Banking
• Expense reporting and „My safe‟
available
• Can use layered security for all
functions
• Hosted or in house with over 80
installed
• W3C compliant with all common
features
• Dot net based with interfaces for all
Australian host systems
• Focus on usability and customer ability
to self configure
CONFIDENTIAL 11
UserX – experience monitoring
• Fully managed and hosted service
• Replicates your members typical
banking interactions
• Measures all response times from
the web server
• Validation of web server responses
to the browser
• Instant Alerts sent via email and/or
SMS
• UserX Dashboard displays real time results to your desktop
• Measures are taken when other
members online
CONFIDENTIAL 12
UserX – experience monitoring
CONFIDENTIAL 13
Card Management System
• Inexpensive system with
multibrand / multi bin
• Browser based for mobile deployment
• Either use batch card
production or personalised cards using special printers
• Existing interface to FDI, 1 week
development required for a
new interface
• Pay per brand and card
FDI
FDI Gateway
Transactions & Card Updates
Settlement Reports
EFGTransaction Processor
CMServer(Backend)
CMSWeb
Interface
CMS Database
Host Database
User User User
CONFIDENTIAL 14
Bpay Biller & Payer
• Biller - Allows organisation to rapidly create and manage
billers
• Payer – drives the value
processing of Bpay files
• Browser based so authority can
be devolved to customers
• Could be used for business
customers, or for customers of your clients
CONFIDENTIAL 15
SPX – Payments & Settlements Exchange
Cheques
Money Transfers
Bill Payments
Utility Payments
Creditor Settlements
Dividend Payments
Salaries & Wages
Unemployment
Benefits
Direct Debits
ACH Payments
Across any
Financial Institution
Cheques, Money
order printing &
Reconciliation
Bill Payments to
registered
utilities/service
companies
EDI Settlements to
registered EDI
participants
• Corporate Direct Debit & Credit products
• Integrated payment platform
• Hosted payment processing for smaller banks
• Cheque processing
• Process Inward clearing (ACH, Checks, SWIFT)
• Process Outward clearing
• Inter-bank Settlement
• Payments across branch network / subsidies
CONFIDENTIAL 16
Collection Works
Integration
• Analytics & Scoring
• Account Communications
• Phone
• Letters
• SMS
• Fax
• Workflow Automation
Interfaces
• Host Systems
• Automated Dialers
• Outbound
• Inbound
• Other Interfaces
CONFIDENTIAL 17
Collection Works
CONFIDENTIAL 18
Management Console – Productivity
Start with Portfolio View. Click on employee to view accounts assigned to employee.
Drill down on Employee to see what status accounts are in.
Final drill down will display the list of accounts. Drill down again to see the age of the accounts.
CONFIDENTIAL 19
Management Console - Promises
CONFIDENTIAL 20
What‟s in the Box?
Credit Union Banking Environment
Direct
Entry
ATM/EFT
POS
Rubik Channel
Products
Collections
Cards
Member
Cheque Credits
Debits
BPAY
EFT
CUSCAL
BPAY
Other FI‟sWPac, CBA, NAB etcExternal
Parties
AFIC/ASIC
APRAATO
Autrac
Veda
IVR, Internet Banking, Mobile Banking, SMS Banking
FDI
Credit Union/BankHead Office
Branches
T24Accounts – Members –
Rules
Processes -
Transactions
Interface Layer
Interface Layer
Security Layer
Security Layer
CONFIDENTIAL 24
Secure Hosted Environment
•High physical security, including Biometric
Entry, anti-ram, 4 ISPs, 2 power providers and
warm diesel backup etc.
•Highly Protected T4 rating from ASIO and DSD
•Sites over 500km apart•ISO 27001 & PCI certification
•High Availability configuration (99.95% )
CONFIDENTIAL 25
Benefits Rubik provides
• Resources & Skills
– 20+ staff trained in T24
– 90 staff in channels and local systems
– Local / Global partners on call
• Lower project risk
– Proven and stress tested infrastructure
– Prebuilt basic design elements
– Certified interfaces
CONFIDENTIAL 26
Decreasing costs by:
• Lower selection cost
– Reduce cost of sale / selection by grouping core
system selection processes for multiple clients at
once
– Pricing, contracts and offering transparent to
decrease negotiation cycle
CONFIDENTIAL 27
Decreasing costs by:
• Lower implementation costs
– Centralised hardware platform already
operational ensures:
• Design and Set-to-work not required
• Virtual servers and SAN scale with demand
• Pre-integration with third party connections eg. ATM,
EFTPOS, Bulk Payments
– “Commodity” based choices for key hardware
and software
– Rapid gap analysis of product and workflow
differences from “Model” starting point given
common offerings
CONFIDENTIAL 28
Decreasing costs by:
• Lower cost of ongoing usage
– Pay as you use / volume based pricing
– Access to large developer pool given dot net and
SQL development environment
– Single annual upgrade process managed by Rubik for
all customers
– „Open” system so data and development not
hostage to hosting provider
Rubik Financial LtdABN 51 071 707 232
•8/45 Market St, Sydney, NSW
•Level 1, 1 Eden Park Drive, Macquarie Park, NSW
•4/68 St Georges Terrace, Perth , Western Australia
•24/22 Clifford Centre, Singapore 308900
PO Box 4808
Sydney NSW 2001
Phone: +61 2 9488 4000
Fax: +61 2 9449 1116
www.rubik.com.au