2015 Open Systems Global Services Smart solutions Since its soft-launch in August2011 with the first “SOW” (Statement of Work) engagement at HSBC, OST’s Projects/Solutions division has gone from a fledgling 1-contract / 1-employee practice to a ~$7 MM business unit in 3 years. In 2014, it was made a subsidiary entity named ‘Open Systems Global Services’. CORE TECHNOLOGY FOCUS: Java & Microsoft suites Application Development ERPs (SAP, Oracle, PeopleSoft, JD Edwards) Data Warehousing / Business Intelligence – BIG DATA IT Infrastructure Management, Network Security & Data Privacy – CLOUD COMPUTING Mobile Enablement / Mobility Solutions OST’s DNA: • Highly-skilled employees • Multiple skills quotient - domain plus technology • Good communicators, carefully selected-high native intellect and strong work ethic • The best people who exhibit the 3 A’s: Ability, Attitude& Approach People who work diligently and intelligently. Venkatesh Sadagopan OST Global Solutions FORTUNE-77 MANUFACTURING COMPANY Overview The clients are (a) A leading international law firm based in Manhattan with 18 offices across the USA and a diversified business practice. The firm represents a wide range of commercial, industrial and financial enterprises, both publically and privately held. The Firm has more than 1,100 lawyers located in 18 offices across the United States, Europe and Asia. The firm further extended its reach in Asia with a strategic alliance with China Law Offices in Shanghai. Specialties - Antitrust, Corporate, Discovery & Disputes, Employee Benefits & Labor, Energy & Commodities, Government Strategies, Health, Intellectual Property, International, Private Client, Regulatory, Environment, Tax, Trial, WhiteCollar Defense. (b) A Fortune #77 Manufacturing Firm based in NJ. Delivery The project was won and is delivered by OST in partnership with NJ-based IT Solutions firm PamTen. Trust Audit System(TAS) The project is broken into 2 phases: The TAS will provide the Law Firm with the capability to examine and assess whether claims were accurately processed and approved for payment. These claims will be submitted electronically to the Law Firm by a third party trust claim processor technology utilized is a (Trust Processor). These are claims arising from Mesothelioma (Asbestos Litigation) awards onThe behalf of the Law Firm’s client <FORTUNE COMPANY>. combination of Microsoft .Net and SQL d/b, with some Java The Law Firm has significant experience examining and assessing claims for payment and uses an in-house system. In this scripting. in-house system, claims are manually entered and processed by the Law Firm. The purpose ofand this HTML systemUI is to process claims and administer settlements. TAS will be a new and separate application, built for a different purpose. TAS will be used to assess, audit and report on claims that have already been processed by the Trust Processor. Claim data from the in-house system will be used by TAS to compare and evaluate claims. Business Goals The purpose of The TAS is to: 1. Get data on claims to make sure they meet the criteria for payment and where applicable, identify the reasons claims should not have been approved. 2. Ensure that no claimant approved by trust has been previously paid/does not get paid again. 3. Ensure that awards on pre-established claims are in the correct amounts. 4. Audit claims to identify systemic failures to comply with payment criteria and identify what claims should be approved / not approved. Open Systems Technologies | Proprietary & Confidential | Page 2 of 2
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