1. T24 PENSION FUND ADMINISTRATION & CUSTODY SOLUTION BY FEHINTOLU JOSEPH ADENUGA - PRODUCT MANAGER 16th May 2013

2. T24’s FLEXIBILITY REVOLUTIONISES PENSION BUSINESS THE INLAKS APPROACH 2 16th May 2013

3. CONTENT  INLAKS PROFILE & SAMPLE CLIENTS  PENSIONS BEFORE THE ADVENT OF PENSION REGULATIONS  iPENSION MODULES  EMPLOYER AND EMPLOYEE SETUP  CONTRIBUTION OF FUNDS  EMPLOYER DISBURSEMENT TO EMPLOYEES  EMPLOYER TO EMPLOYER PAYMENTS  BENEFIT PAYMENT OF FUNDS  WHY iPENSION?  QUESTIONS? 3 16th May 2013

4. INLAKS COMPUTERS Company Profile - Was established in 1982. - Business Partner of TEMENOS since 1993. - Tier-1 Information Technology (IT) Company. - Consistent high growth annually since inception. - Reputation for Professionalism & Commitment to customers. - Core area of Operation is Financial Institutions - Established GLOBAL SOLUTIONS in Ghana over 10 years ago as a foremost IT Services Company. 4 16th May 2013

5. SAMPLE INLAKS CLIENTS Retail Banking Central Banking / Mini-Central Bank Microfinance & Community Banking Pension Administrators & Custodians Other Financial Services Mortgages Ecobank Microfinance 5 16th May 2013

6. PENSION BEFORE THE ADVENT OF PENSION REGULATIONS Before the enactment of the Pension Reform Act, there were problems such as:  Delays and accumulation of pension arrears and other payments.  Inadequate and untimely release of funds to retirees.  Malpractices.  Poor coverage of schemes. 6 16th May 2013

7. iPENSION MODULES BENEFIT PAYMENT CONTRIBUTION 7 16th May 2013

8. Management of employer fund and its disbursement to the respective employees  It involves maintaining employer deposits, account statements, and balances.  It also involves allocation of employer deposits to their employees taking care of needed charges. CONTRIBUTION 8 16th May 2013

9. EMPLOYER TABLE 9 EMPLOYER BALANCE 16th May 2013

10. EMPLOYEE TABLE 10 PENSION FUND ADMINISTRATOR LINK TO EMPLOYER 16th May 2013

11. EMPLOYER DISBURSEMENT TO EMPLOYEES Employer lodgments (deposits) are matched (by amount, narration, schedule ID, etc) to process employer schedule (disbursement) 11 SELECT EMPLOYER DEPOSIT TO PROCESS SCHEDULE 16th May 2013

12. REPORT SHOWING PROCESSED AND UNPROCESSED EMPLOYER DEPOSITS ALL EMPLOYER REPORT SINGLE EMPLOYER REPORT 12 16th May 2013

13. EMPLOYER – EMPLOYER PAYMENTS Used to transfer payments from one employer A to another employer B. 13 DONATING EMPLOYER RECEIVING EMPLOYERS 16th May 2013

14. BENEFIT PAYMENT ALLOCATION OF FUNDS TO RETIREES  SINGLE PAYMENT TYPE (ONE OFF)  MULTIPLE PAYMENT TYPE (Periodic or Standing order based on frequency – monthly, quarterly, half-year, yearly, etc) 14 16th May 2013

15. SAMPLE STANDING ORDER PAYMENT SCHEDULE FOR EACH RETIREE Retiree Code Standing Order Amount Auto-generated payment schedule After inputting and authorizing a standing order, the system automatically generates a payment schedule for each retiree based on the stated frequency for each retiree. On due date, payment is made to respective retiree automatically. 15 16th May 2013

16. DAILY STANDING ORDER PAYMENT REPORT This is a sample benefit payment file generated on due date (from standing order schedule). The above shows only two retirees will be paid their benefit on the 18 th April, 2011 (20110418). Payment Date Benefit Amount Retiree bank details Retiree Code/PIN 16 16th May 2013

17. RETIREE ACCOUNT STATEMENT SHOWING STANDING ORDER PAYMENT Benefit Payment 17 16th May 2013

18. WHY iPENSION?  Maintains payment instructions from Pension Administrators and the Pension regulatory body.  Handles many Pension Administrators under a single Pension Custodian.  Tracks payment remittances  Keeps track of each employer payment and the corresponding disbursement schedules. 18 16th May 2013

19. Contact Us INLAKS COMPUTERS LIMITED 3/5 ADEYEMO ALAKIJA, VICTORIA ISLAND, LAGOS – NIGERIA www.inlakscomputers.com fbusales@inlakscomputers.com +234-806-118-3431 +234-708-862-6843 +234-808-663-4326 GHANA OFFICE: GLOBAL SOLUTIONS LTD 42 GIFFARD ROAD EAST CANTONMENTS ACCRA - GHANA www.globalsolutions.com.gh sales@globalsolutions.com.gh +233-302-773-273 +233-289-773-273 +233-233-000-200 19 16th May 2013

20. THANK YOU!!! 20 16th May 2013

21. QUESTIONS??? 21 16th May 2013