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


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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.

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Committee to probe irregularities at Sri Lankan Airlines 

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President Anura Kumara Disanayake has instructed relevant authorities to establish a committee under the Presidential Secretariat to investigate allegations of corruption and mismanagement at SriLankan Airlines. 

The directive was issued during a four-hour meeting held today (May 20) at the Presidential Secretariat, attended by the airline’s Board of Directors and representatives from all affiliated trade unions.  

The discussions aimed to secure the collective commitment of stakeholders to uphold the government’s decision to retain state ownership of the airline, eliminate losses and steer it toward recovery. President Disanayake stressed that rebuilding SriLankan Airlines would be impossible without unified efforts, adding that the institution must develop its internal capacity to rebuild itself.  

Asserting the government’s role as the political authority, the President reiterated its commitment to making “all necessary sacrifices” to rescue Sri Lanka from its economic crisis. He emphasised that reviving the national carrier is the shared responsibility of its entire workforce.  

Highlighting the allocation of Rs. 20 billion from the budget for SriLankan Airlines, the President underscored the need for stringent fiscal accountability, noting that these funds, drawn from public taxes, must be utilised efficiently. He also welcomed the “positive trend” of April’s operational revenue surpassing targets.  

New proposals have been presented by the Board of Directors to transform SriLankan Airlines, which operates under government ownership, into a profitable entity. In line with these proposals, the trade union representatives who participated in the discussions stated before the President that they would extend their full support to achieving these goals. 

Key Attendees at the meeting included: Mr. Sarath Ganegoda, Chairman of SriLankan Airlines and members of the Board of Directors, representatives from trade unions, including: Flight Attendants’ Union (FAU), the Airline Pilots’ Guild of Sri Lanka (ALPGSL), the Association of Licensed Aircraft Engineers (ALAE), the SriLankan Airlines Aircraft Technicians’ Association (SLAATA), and the Sri Lanka Nidhahas Sewaka Sangamaya (SLNSS), the Inter-Company Employees’ Union (ICEU) and the SriLankan Airlines Executive Association (EASLA). 

(President’s Media Division)

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Coconut harvest expected to increase – CRI

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The Lunuwila Coconut Research Institute (CRI) says that an increase in the coconut harvest is expected in May and June this year compared to the same period in 2024.

Its Chairman, Professor Ajith Jayaweera, stated that a harvest of 477 million coconuts was recorded in 2024 and a harvest of 555 million coconuts is expected in 2025.

He further noted that the price of a coconut in the areas surrounding the Coconut Triangle has stabilized at around Rs.163.

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Imported salt to arrive in SL next week

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The first shipment of 20,000 MT of salt from India is expected to arrive next week, according to Lanka Salt Ltd. Chairman – T. Nandana Thilaka.

He stated that this shipment will help end the ongoing salt shortage, ensuring consumers can buy salt from the market without difficulty.

The Chairman added that part of the salt ordered by National Salt Ltd. has already been acquired by the company and is being distributed locally to meet demand.

He stated that recent rains have disrupted the salt harvest in Hambantota and other salterns.  

However, with the arrival of the Indian shipment, he plans to sporadically release salt to the market starting next week.

Chairman D. Nandana Thilaka stated that yesterday (May 14), Lanka Salt Ltd. issued 100,000 packets of 400g table salt to Lanka Sathosa, and another 100,000 packets will be issued today (May 15).

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