BIZ

Epic Lanka unveils digitalization strategy beyond 25 years with 20 innovative products 

Published

2 years ago

November 10, 2023

editor

Epic Lanka, a wholly Sri Lankan-owned fintech and digital transformation solutions provider with a quarter-century of experience in the IT industry, recently marked the momentous occasion of their 25th anniversary.

This milestone underscores their enduring commitment to excellence and their significant contributions to the field of financial technology. Evolving from its roots as a project-driven entity, Epic now boasts a remarkable portfolio of 20 unique Intellectual Properties (IPs).

Positioning itself as a formidable player in the global IT arena, these IPs will be promoted in foreign markets through strategic partnerships with other leading software brands, further solidifying Sri Lanka’s reputation as an IT knowledge and solutions hub.   Over the past 25 years, Epic has employed a workforce of more than 6,000 employees, predominantly consisting of local IT graduates, while also providing opportunities to over 3,000 interns.

The industry leader of domain expertise, innovative solutions by Epic have modernized state enterprises, transformed the payments landscape. Considering the scope and influence, it’s estimated that Epic’s solutions and innovations have a direct or indirect impact on the daily lives of all Sri Lankans.

Moreover, Epic’s expansion into East Asia has seen the company provide its cutting-edge solutions to foreign clients, reinforcing its position as a global leader in the industry. In recognition of its outstanding contributions, Epic was adjudged as the best ICT solutions company in Sri Lanka and also won Sri Lanka’s first-ever Gold award at the Asia Pacific ICT Alliance (APICTA) Awards. These accolades underscore the company’s commitment to excellence and innovation.  Epic’s product solutions portfolio encompasses a range of impressive offerings, each catering to specific business needs. For instance, PreveNET NAC stands out as a multifunctional and dependable solution, assisting organizations in their transition from hardware-based Network Access Controllers (NACs) to a more versatile software-based alternative. Meanwhile, Collectmate provides a comprehensive and holistic approach to managing end-to-end tasks and processes within the realm of debt collections and recoveries. Doxmate, on the other hand, offers an enterprise content management and business process automation solution, featuring document management systems and workflow solutions. Paytect is a fully-fledged card management system that facilitates the entire spectrum of card issuing, acquiring, and transaction processing functions while Digiface emerges as a digital onboarding eKYC and vKYC solution, developed by Epic, offering a comprehensive approach to streamline digital onboarding processes across various banking products while ensuring compliance with pertinent regulations. These solutions collectively contribute to enhancing operational efficiency and addressing the evolving needs of businesses in today’s digital landscape.

For a quarter-century, Epic has been at the forefront of technological innovation in Sri Lanka. Dr. Nayana Dehigama, Epic Technology Group Founder and Executive Chairman reflects on this remarkable journey, stating, ” We recently commemorated the 25th anniversary of Epic as it embarks on a transformative journey. From humble beginnings, we have now emerged as a leading force in enterprise digital transformation. This milestone is a result of the dedication, passion, and expertise of our exceptionally talented team, who consistently push the boundaries of what can be achieved. They have enabled us to deliver cutting-edge solutions that have positively impacted the lives of Sri Lankans.

“Epic Lanka Managing Director and Chief Executive Officer, Viraj Mudalige, shares his vision, stating, “Our Research and Development centre in Sri Lanka that is equipped with advanced technology has played a key role in nurturing an innovative culture, leading to the development of cutting-edge solutions that have earned us many national and international awards.”Looking ahead, Epic remains committed to pushing the boundaries of innovation and delivering exceptional value to its stakeholders. Mudalige elaborates, “We are actively pursuing opportunities to expand our global presence and introduce our outstanding solutions to markets beyond Asia. Our primary objective is to maintain our influence in shaping the future of the global fintech industry. With 20 proprietary products in our portfolio, we are transitioning from project-based ventures to building a comprehensive suite of cutting-edge software solutions. As we look ahead to the next financial year, Epic envisions forging strategic partnerships with software companies and nations worldwide to bring our ambitious goals to fruition. Epic Lanka is set to redefine the IT landscape, both in Sri Lanka and on the global stage.

“Founded in 1998, Epic Technology Group is an award-winning regional technology leader in adopting and delivering modern technology across the Banking, Financial Services, and Government sectors in local and international markets. Equipped with ISO 9001:2015, ISO 27001:2013, PCI3DS, and CMMi Level 3 certification, Epic has more than 25 years of experience in Fintech, information system security, enterprise digitalization, mobile applications, e-payment application development, e-government solutions, and document management systems. .

For more information, please visit www.epictechnology.lk.

BIZ

Govt. aiming to promote tourism at rural level – PM (Pics)

Published

59 minutes ago

June 17, 2025

editor

Prime Minister Dr. Harini Amarasuriya stated that the government is working towards a tourism development initiative aimed at promoting tourism at rural level by strengthening the capacity of local tourism service providers.

The Prime Minister made these remarks while participating in the inaugural ceremony of the China–Sri Lanka–Maldives Tourism Forum, held yesterday (June 16) at the Cinnamon Life Hotel in Colombo, under the theme “Connectivity and Collaborative Success along the Silk Road.”

“Sri Lanka is committed to strengthening these areas within our own national framework. We are currently implementing reforms to promote eco-tourism, improve digital tourism infrastructure, and enhance the capacity of local tourism service providers. We are also working to expand community-based tourism initiatives that ensure benefits flow to grassroots levels, especially in underrepresented regions of our country. It is our belief that by prioritizing sustainability, equity, and innovation, we can build a tourism industry that serves both the visitor and the host.”

Speaking, Chinese ambassador – Mr. Qi Zhenhong called to forge a new paradigm of China-Sri Lanka-Maldives tourism cooperation and contribute to building a China-Sri Lanka-Maldives community with a shared future.

He pointed out that China is the 5th largest source market for tourism in Sri Lanka, with over 130,000 Chinese visitors in 2024. Meanwhile, China remains the largest source market for the Maldives, with 260,000 Chinese tourists visiting in 2024.

Noting that China’s friendship with both countries exceed millennia, he made 03 recommendations :

Jointly Build a Convenient Tourism Circle: Promote more direct flight routes and introduce “multi-stop” tourism products, allowing tourists to explore all three countries in a single journey.
Jointly Shape a Quality Tourism Chain: Strengthen the alignment of standards for tourism safety, service quality, and ecological protection. Encourage joint development of high-end resorts, cultural discovery tours, and eco-adventure products by enterprises from all three countries. Implement more substantive measures to facilitate tax refunds for tourists’ purchases.
Jointly Outline a Cultural Tourism Map: Organize trilateral tourism and cultural festivals, exchange performing arts groups, and host intangible cultural heritage exhibitions. Enhance tour guide training to cultivate more tourism professionals proficient in Chinese, Sinhala, and Dhivehi. Promote youth exchanges to foster deep friendships among the future generations of our three nations through travel.

The event was also attended by Deputy Minister of Foreign Affairs and Foreign Employement of Sri Lanka – Mr. Arun Hemachandra, leaders from the Chinese Embassy in the Maldives, and a delegation from the Ministry of Culture and Tourism of China, government representatives and industry experts.

The forum will span a week, featuring a diverse range of activities such as thematic seminars, exhibitions and promotions, business negotiations, technical inspections, and familiarization trips. During the forum, the International Tourism Alliance of Silk Road Cities will announce an initiative for regular cooperation among the alliance cities of China (Quanzhou), Sri Lanka (Colombo, Kandy, Kotte), and the Maldives (Malé). Commemorative plaques will be awarded to the participating alliance member cities from the three nations.

The event is jointly hosted by the Ministry of Culture and Tourism of China, the Ministry of Foreign Affairs, Foreign Employment, and Tourism of Sri Lanka, the Ministry of Tourism and Environment of the Maldives, the Chinese Embassy in Sri Lanka, and the Chinese Embassy in the Maldives, and co-organized by Network of International Culturalink Entities of China and the Sri Lanka Tourism Promotion Bureau.

(Pics : Shanika Jayasekara)