Corporate and Offering Overview - TAS Group

TAS Group | 2022

Corporate and Offering OverviewTAS Group

TAS Group | ©2022

TAS Group is the strategic partner for business innovation and digital transformation in Payments,Capital Markets andExtended Enterprise

Our MissionTo innovate and optimize mission-critical applications of financial operators

To create value for businesses through long-term relationships with our customers

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A Fintech start-up with over 35 years of experience

TAS Group | ©2022

A growing worldwide presence

Global Payments SpA

Holding Headquarters TAS SpARome, Italy

Mantica Srl

Bologna, ItalyRome, ItalyMilan, ItalyParma, ItalyPrato, ItalyVerona, ItalySiena, Italy

Domestic Subsidiaries

Locations

TAS Group operates at a global level with a strategicfocus on domestic and international marketsthrough its companies Global Payments SpAand TAS International SA

TAS France SASUSophia Antipolis, France

TAS USA IncNew York, USA

TAS Brasil LTDA São Paulo, Brazil

TAS Iberia S.L.U Madrid, Spain

TAS Germany GmbH Munich, Germany

TAS Eastern Europe d.o.oBelgrade, Serbia

Global HeadquartersTAS INTERNATIONAL SA Lugano, Switzerland

Infraxis AG – Infraxis UKLugano, Switzerland – Leeds, UK

Subsidiaries

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TAS Group | ©2022 4

TAS Group at a glance

1982Founding

year 2000

Listed on the ItalianStock Exchange since OVER 550

EXPERTS

Customers in over

20 countries

GLOBAL PRESENCE

More than

35 years experience

Over

100Mcards managed

70% of market coverage in

the Italian banking sector

50+financial institutionsuse our securities and

financial solutions

30+ banks

worldwide use

TAS EMV solutions

Leader

in the Liquidity Management

solutions for the EU Consolidated

TARGET Services

TAS Group is the

market leader in

Italy for software solutions for e-money, payments and liquidity management


TAS Group: worldwide payments expertise

Among the top 100 Fintechs

in the world (since over a decade)

360° coverage of the payments

value chain

65% of the Acquiring systems and more

than 75% of the Issuing systems in

Italy are managed by TAS software

Main areas covered in payments:

• Cards/e-money: Issuing and Acquiring ATM (TAS is leader in both segments in Italy ) and Acquiring POS (~ 25% of POS Mgt in Italy), Authorization Processing and Fraud Management

• Non Card-based Payments: domestic interbank payments leader with over 70% of mkt share, Instant Payments schemes gateway (100% market share in Italy), SWIFT (both certified interfaces and services with over 50 banks connected), e-Gov payments (italianstandard pagoPA solutions used in 5 country regions and hundreds of municipalities), Corporate and Open Banking / PSD2 solutions

• Financial Value Chain: TAS collaborative e-platform (PayTAS) provides public and private creditors with constantly updated monitoring of the pending, and the entire current and historical collection process


TAS Group: playing a key role in European payments

Today, our mission critical solutions are trusted by major financial industry customers • They sit at the heart of the financial messaging layer of T2

and T2S at Eurosystem level, managing over 1 million payment messages per day*

• They run in the card management infrastructure of the largest prepaid issuer in EU

• They are the chosen technological framework offered by the first EU Instant Payments CSMs to their participants

• They provide a trusted liquidity management framework for Banking Treasurers, ready to support TARGET Participants in the upcoming Consolidated T2/T2S/ECMS migration

For over 25 years, TAS Group has assisted Commercial and Central Banks in harmonizing their SEPA infrastructures, from the domestic RTGS migrations towards TARGET2, to the transformation challenges required by T2S, TIPS and the upcoming ECMS.

* Source: ECB Annual Report


TAS Group at the heart of the payments revolution

ISO 20022

Open Banking

Digital Trans

formation

Micro

Services

Instant Payments

ML &

Big Data

PSD2TAS Groupexpertise

CBDC


Satisfying a growing need for…

HARMONIZATIONINTEROPERABILITY

IMMEDIACY

IMPROVED SECURITY

INCREASED FUNCTIONALITY

CONVENIENCE

GREATER ACCESS TO DATA

HIGH CUSTOMISAZION


Some partners and associations we work with


Adding value through experience and innovation

• Software Applications

• Software as a Service

• Project Implementation

PaymentNetworks

Intraday Liquidity

OpenBanking

OmnichannelPayment

Acceptance

ML &Big Data

Hosting &

Cloud Services

Cards & Digital Payments

• Application Management

• Professional Services

• Hosting & Cloud Services

Our Offering


TAS Group Platforms

MODULARRelies on innovative programming

models offered by the Java EE 7.0 platform

.

FLEXIBLEFramework designed for the highest level of adaptability in any HW/SW configuration deployment

PORTABLETotal independence from application

server, OS and DBMS; true portability at no additional cost

.

SCALABLEExpand services individually to match business growth

Our end-to-end solutions are designed based on four pillars


Card & Digital Payments

• Covers the entire card payments value chain, including card program design and configuration, card and PIN production, payment processing, fraud management, management of ATMs and EFT-POS terminals, and Merchant and ATM Acquiring

• Supports physical and digital cards, remote and contactless payments, Apple Pay and Google Pay

• Independent modules make designing and managing payment products and services easy

• A comprehensive set of open APIs and rich functionalities, lets you innovate your offering, design unique user experiences and deliver innovative digital payments solutions.

• Leveraging over 35 years of leadership and experience in the CMS market to help leading European banks accelerate their digital innovation and transformation

A state-of-the-art card and digital payments platform powering innovation for Issuers, Acquirers and Processors

Deliver innovative products and reduce time to market with a modern card issuing, processing and acquiring platform, either on premises or in the Cloud.

TAS Assets and Competences

Out-of-the-box “Challenger banking” features

Over 100 million cards managedworldwide

14 years of recognized leadership in EMV migration across Europe

Issuing & Acquiring

TAS Group | ©2022

Testing Automation

• Collaborative enterprise-wide testing for the entire payment infrastructure, available as an on-demand service or deployed locally

• Regression testing, ad-hoc functional testing and performance testing

• Always Available : 24/7/365 availability for testing via the browser

• Supports TCPIP and HTTP channels where XML, SOAP, JSON, tag-length-value and bitmap data can be used to communicate with systems following a defined protocol

• Native support of ISO8583 and ISO20022, and virtually any other standard or format can be supported

• Rich set of predefined Test Packs designed for specific Payments Use cases, downloadable from the IQS Asset Store

A collaborative on-demand testing platform for the payments sector

Value Proposition

IQS A smarter way to test

Boost testing efficiencies,improve quality, reduce costs,

reduce risk, speed up time to market in releasing

payment products

Help businesses to improve quality, reduce time and costs and fully leverage agile software development


Liquidity Management

• Core expertise in both business and functional domains

• Established relationship with regulators (Central Banks and Custodians)

• Leading solution for the Eurosystem’s T2/T2S Consolidation and ECMS projects

An innovative and modular Liquidity Management System to help banks in the digital transformation of their treasury. Aquarius is ISO 20022-native and is the first liquidity management system to provide:

• An integrated view for cash, collateral and liquid assets in central and commercial bank money

• Real-time monitoring of multi-currency accounts and transactions, even on a targeted, single currency

• Real-time and forecasting of BCBS248 metrics and customer limits to support operations, Intraday Liquidity Reporting and Automated Stress Testing

A real-time intraday liquidity management platformfor Securities, Cash and Collateral


Over 100 customers worldwide

TAS Capital Markets products are used by many European global banks, dealer

brokers of the Fortune Global 500 and leading

Inter-bank Service Providers

Chosen by over 40 Commercial Banks and a Central Bank to deliver the Vision

2020 Eurosystem migration

Responds to a growing focus on liquidity optimization following strict new controls on intraday operations (e.g. Basel III), wide use of collateral and system risks (e.g. EMIR, DODD Frank), and the liquidity bank assets.


Payment Networks

• Efficiently manages all payment types and network access, national and international

• Enables full independence from Network Service Providers (NSPs)

• Modular architecture offering individual business and/or network drivers

• Fully ISO 20022 compliant

• SCTinst-ready with multiple CSMs

• Acts as an access hub to SWIFTNet and SIAnet, the Internet, and as a transformation/validation engine for frameworks including SEPA, FIN, Funds and the new consolidated Target services via ESMIG

Interbank Networks and Messaging hub that decouples back-office applications from network complexities for complete NSP autonomy

Value Proposition


Manages more than 1 million payments each day.

Handles an average of 10 million transactions/day for T2S with peaks of

300 trx per second.

More than 20% of all financial transactions exchanged among

European Banks rely on this TAS solution

• SWIFT-certified experts and interfaces

• Deep expertise in changing regulatory environment and key market infrastructure frameworks

TAS Network Gateway 3.0 messaging hub infrastructure is used by the EuropeanSingle Shared Platform for T2 and T2S managed by the European Central Bank.


Open Banking & APIs

• Accelerates delivery of new API-based services

• Full availability of PSD2 regulated services

• Full compliance with SCA requirements

• Natively integrated with Instant Payments gateways

• Facilitates TPPs in service roll-outs by decoupling and harmonizing ASPSP API interfaces

• Provides EIDAS certificates key management and SCA management utilities

The open APIs platform enabling PSPs and TPPs to embrace open banking and fully leverage PSD2

Value Proposition

Enabling financial institutions to play an active role in the new payments

landscape and transition to a banking as a platform paradigm

tasTPP Enabler

Helps Banks/PSPs and TPPs take advantage of partnerships with FinTechs, leverage new digital technologies and deliver innovative,customer-centric services


Fraud Management

Value Proposition

• Leverages Machine Learning combined with our proprietary "Adaptive Intelligence” platform to quickly spot payment anomalies for both card- and account-based transactions and take preemptive actions, or appropriate responses when fraudulent activity is confirmed.

• Fraud Protect interacts with the customer environment in real time (be it a PSP, TPP or a Merchant) to enable swift preventive measures.

• Uses advanced predictive engines to support Transaction Risk Analysis (TRA). In line with PSD2 and with the technical standards issued by EBA for strong customer authentication (SCA), Fraud Protect also offers functions to maximize the application of SCA Exemption.

Uses Advanced Analytics and Machine Learning to identify payment anomalies for both card- and account-based transactions

Today transactions security represents a key factor for PSPs, not only to protect their end users but

also to compete in the new scenarios opened up

by PSD2 and Instant Payments.

The innovative and flexible product for monitoring and preventing payment fraud in real time. Fraud Protect is powered by Mantica Adaptive Intelligence

TAS Group | ©2022

Empowering your business with AI and Machine Learning

Today’s businesses need predictive and prescriptive advanced analytics to discover opportunities for growth in an increasingly competitive landscape. Machine Learning is the solution to make decisions on time and accurately.

Through our analytics specialist company, Mantica, we are bolstering our solutions with powerful Artificial Intelligence and Machine Learning technologies.

Our solutions Fraud Protect, Payment Intelligence and Harmonizer allleverage Mantica’s Adaptive Intelligence capabilities to make the difference to your business.

We are continually adding new solutions to meet your evolving needs in a rapidly shifting landscape.

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Key certifications

* Health Data Hosting (HDS), TAS France data center

PA-DSS

PCI-DSS

EMVCo3DS 2.X

ISO 27001:2017

ISO 9001:2017

HDS*

SWIFTSIP

SWIFTCBPR+


Housing, Hosting and International Networks Capabilities

Autonomous Public System: AS8554

• RIPE Local Internet Registry

• Autonomous routing and traffic management

• Unlimited IP addresses allocation

Our Tier 4 datacenter located in Sophia Antipolis offers maximum flexibility and scalability, and best-in-class cloud and hosting services, thanks to powerful, latest-generation IT infrastructure

• 5 Points of Presence in France and Italy• Redundant fiber channel backbone n*1 Gbps• 2 Datacenters in Sophia Antipolis• Low latency Internet access:

Sophia - Paris : 16 msec RTT Sophia – Milan : 8 msec RTT

• 3 Points of Peering (Sfinx, FranceIX, Equinix)

IP Transit with International Network Operators • Lumen (ex-Century Link - Level3)• Cogent• Opentransit-Orange• GTT (ex-Interoute)

Performances and SLAs• Lan-to-Lan, MPLS, Transit IP v4 and v6• Security : VPN, Firewall, IPS, redundant

DDoS protection, SOC, SIEM, …• Availability: 99,99%• Recovery time : 4 hours• Traffic latency: intra-Europe 50ms,

s USA & Canada 80ms• Packets delivery: 99,9%

Enables you to leverage innovations in technology and to scale up as necessary without the need for large investments upfront

✓ Redundancy ✓ Service Continuity ✓ Local Presence✓ International capabilities

The information contained in this document cannot be distributed to third parties without the written authorization of TAS S.p.A

Thank [email protected]

The information contained in this document cannot be distributed to third parties without the written authorization of TAS S.p.A

Thank [email protected]

Documents

Corporate and Offering Overview - TAS Group