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Third Quarter Fiscal 20-21 Results

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Watch 23rd Annual General Meeting of Ramco Systems

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Digital Transformation, Inspired by Innovation – Annual Report 2020

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Fiscal Year 19-20 Highlights

Annual Revenue

USD81.03Mn

EBITDA

13%Growth YoY

Profit After Tax

USD1.45Mn

Million-Dollar-Plus’ Deals

21

Unexecuted Order Book (as on March 31, 2020)

USD166.55Mn
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In the world of business today, speed matters more than anything else, and Digital Transformation will be possible only when organizations are agile. Transforming operations will bring in operational excellence that will be driven by technology thus paving way for innovation and excellence. This is where Digital Transformation steps in. We, at Ramco, continue to emphasize on the fact that a true Digital Transformation is all about results that should be driving an improvement that is not just incremental but substantial. What was expected to become a need by 2025, has now become urgent and important.

RAKBANK reaffirms its TRUST in Ramco

Chennai / Ras Al Khaimah - April 30, 2019

Ras Al Khaimah, U.A.E / Chennai, INDIA – April 30, 2019 – RAKBANK, the leading SME Bank in the UAE, announced that it has upgraded to the latest version of Ramco HCM, with Mobility and Chatbots to drive efficiency and engagement. Ramco’s association with RAKBANK dates back to 2004.

In the current upgrade, Ramco’s end-to-end HR suite, bundled with Mobility and Chatbots, covering the entire gamut of HR processes such as Core HR, Recruitment, Talent Management, Leave, Time & Attendance and Payroll will automate HR operations.

“To offer better banking solutions to our customers, we needed to empower our employees and keep them motivated and engaged. Ramco’s complete suite with features around chatbots and mobility, has helped us deliver this with ease. Having been associated with Ramco for over 15 years, we were confident Ramco was the best fit to address our current and future needs”, said Geoff Stecyk, COO of RAKBANK.

Commenting on the win, Virender Aggarwal, CEO, Ramco Systems, said, “Over the years, our HCM solution has gained the trust of numerous leading businesses and industry leaders. Our focus and thrust on delivering the best, bundled with latest technology stacks like Artificial Intelligence, Machine Learning, Voice and Chatbots, has helped us in winning the trust of clients across the globe.”

“It has been a wonderful working experience with RAKBANK and we look forward to continuously deliver the best to them”, added Aggarwal.

Complete with chatbots, voice, and facial recognition based workforce management, organizations can deploy Ramco HR on premise or leverage as a managed service. The multi-tenant architecture with embedded intelligence and device agnostics features now serves more than 450 customers worldwide. With innovative concepts of Artificial Intelligence & Machine learning, Context-sensitive Pop-ups and Chatbots to carry out self-service, and Voice based HR transactions on *Google Assistant & Alexa, Ramco has been setting the benchmark for Innovation in this segment. With statutory compliance across 45+ countries covering ANZ, Asia (including Japan & China), Middle-East & Africa, UK and Ireland, Ramco’s Global Payroll is available in English, Japanese, Mandarin, Bahasa, Thai, Malay, and Arabic among others.

About RAKBANK:
RAKBANK, also known as The National Bank of Ras Al Khaimah (P.S.C), is one of the UAE’s most dynamic financial institutions. Founded in 1976, it underwent a major transformation in 2001 as it rebranded into RAKBANK and shifted its focus from purely corporate to retail and small business banking. In addition to offering a wide range of Personal Banking services, the Bank increased its lending in the traditional SME, Commercial, and Corporate segment in recent years. The Bank also offers Islamic Banking solutions, via RAKislamic, throughout its 36 branches and its Telephone and Digital Banking channels. RAKBANK is a public joint stock company headquartered in the emirate of Ras Al Khaimah and listed on the Abu Dhabi Securities Exchange (ADX). For more information, please visit www.rakbank.ae or contact the Call Centre on +9714 213 0000. Alternatively, you can connect with RAKBANK via twitter.com/rakbanklive and facebook.com/rakbank

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