Epic Technologies Group turns 14

Epic Technologies Group, the premier software solutions provider renowned for innovative solutions, celebrated its 14th anniversary recently. Established in 1998 as Epic Lanka, the group has operations in the region with a MSC status company in Malaysia.

As technology leaders in designing and developing ICT solutions in Secure Electronic Payments and Information Systems Security domains Epic Technologies Group has successfully implemented several innovative solutions in leading banks operating in Sri Lanka and the region. These solutions have enabled banks to reach masses with on-line real time banking services in a highly cost effective manner.

Chairman of Epic Nayana Dehigama said that the company has now proved adequately the capability of Sri Lankans in designing and developing world class ICT solutions. “Some of our innovative banking solutions in branchless banking and micro finance have been benchmarked in introducing industry guidelines by state regulatory authorities in the region and we are indeed very proud about our achievements,” he said.

“At a time where local software talents are increasingly outsourced for mere coding activities of solutions designed by foreign companies while the opportunities arising in national projects are given to foreign suppliers overlooking domestic firms, how we are positioning Sri Lankan talents in other countries is absolutely remarkable,” he added.

Addressing the Epic family at the 14th anniversary, Viraj Mudalige, Director/General Manager of Epic said:  “We are no more a payment solutions provider specialised in EDC POS technologies but a dominant player in the region with an array of solutions covering almost all technology requirements of the banking and financial services industry. Our ability to foresee the technology and market trends and to develop unique solutions to meet the specific needs of organisations without demanding huge investments in infrastructure gives us a competitive edge. In the process, we have been able to develop world class solutions that have lead to core branded products with global leaders, changes in the competitive landscape of banking industry and new national guidelines in secure electronic payments in Sri Lanka and other countries.”

Some of the mission critical national level ICT implementations by Epic include the Sri Lanka Interbank Payments System (SLIPS) that connects all commercial banks with the national cheque clearing house. It also introduced Epic Terminal Line Encryption solution to combat increasing frauds in the use of payment cards.

Its 3D Secure solution that adheres to latest international standards addresses security issues in the internet payments while the Dispute Resolution Management solution designed and developed in compliance with global standards enables banks to manage the entire life cycle of payment transactions efficiently and effectively.

The Epic Branchless Banker solution which includes biometric identification capabilities implemented at BSN Bank, the biggest savings bank in Malaysia, has enabled it to operate over 3,000 agency banks scattered all over the country offering on-line real time banking.

Epic Techno-Village in Talangama, Battramulla, offers an ultra modern software development and R&D centre for Sri Lankan software professionals to demonstrate their capabilities to compete in global markets. Its fully-owned subsidiary, Epic Malaysia Sdn Bhd, is a MSC status company operating in Malaysia. Epic is an ISO 9001: 2008 and CMMi Level 3 certified company that has ambitious plans to make Epic a preferred brand of innovative ICT solutions globally.