EFutures Expands Banking Portfolio to Ten

EFutures (Pvt) Ltd continues to underline their strength in the local web and software industry with the adding of two new banking clients to their portfolio. The Company recently won the contracts to revamp the Hatton National Bank (HNB) and the Housing Development Finance Corporation (HDFC) Bank web portals. Over the past few years, EFutures has deployed solutions for Seylan Bank, National Savings Bank, NDB Housing Bank, Nations Trust Bank, DFCC Vardhana Bank, People’s Bank, First Capital and Pan Asia Bank.

“The revamping of the HNB web portal is now complete and it is now online,” stated Rishen Fernando, Director of EFutures. “The project was completed in a relatively short period of time by our team. The solution has taken HNB’s online presence to a new level and the Bank is getting a lot of positive feedback from their customers and other interested parties,” added Fernando.

Speaking on the HDFC Bank web portal, Chief Manager-IT, W.M.A. Bandara stated, “HDFC Bank web portal is currently being developed by EFutures. The new web portal will include enhanced features that will add to the online experience of the HDFC customer. We are currently working very closely with EFutures in order to ensure that we get the best solution.”

The new HDFC web portal will include an Online Loan Payment facility. This new feature will allow customers of HDFC Bank to logon to the web portal, enter their User Name and Password and pay their monthly loan installments using their credit card. A similar system was developed and deployed using a different technology by the Company for the National Savings Bank. “HDFC Bank was very keen to add this facility to the new web portal so that their customers can pay their loan installments in the comfort of their home or office, with minimum hassle. This will be a very useful feature, especially for the foreign customers of the bank,” stated Prashan Nagendra, Director of EFutures.

While acquiring numerous new projects, EFutures is also taking some of their older clients’ solutions to the next level. One such project is Colombo Direct Access Exchange (CDAX), which is owned by Asia Capital Ltd. CDAX is a seamless real-time Internet trading system for Colombo Stock Exchange-registered brokerage firms and their clients. CDAX is technology designed to advance development of investment on the CSE by making Sri Lanka’s financial market completely accessible to the modern investor.

Elaborating on this, Fernando stated, “The web version of this widely used online trading software system will be available in a couple of months. We are currently running it through our stringent quality assurance systems. It will definitely help Asia Capital to take CDAX to a larger audience.”

In addition to this, EFutures has recently acquired the project to revamp the JobsNet Sri Lanka Web Portal. JobsNet is an online employment delivery network providing a user-friendly interface between people seeking employment and potential employers. JobsNet is an initiative by the Ministry of Labour Relations & Foreign Employment and is managed by the Ceylon Chamber of Commerce.

Other projects currently under development by the EFutures team include solutions for the Sarvodaya Suwasetha Foundation, Lanka Spice Limited (McCurrie), Eskimo Fashion Knitwear, Ministry of Constitutional Affairs and National Integration and VMS Travels.

Formed in the year 2000, EFutures (Pvt) Ltd boasts of one of the most impressive portfolios in the local software industry. In addition to the banking and financial sector clients, the Company has also developed and deployed solutions for several other high profile clients such as the Board of Investment of Sri Lanka, MAS Holdings, Hayleys Ltd., Confifi Group of Hotels, Asia Capital, George Steuarts, Lanka Canneries (MD), Readywear Industries and Maritime Holdings Ltd.

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