BoardPAC is a leading iPad enabled Board meeting automation solution and is the principal platform for paperless governance in more than 15 countries regionally including Malaysia, South Africa, Singapore, Bangladesh and Indonesia.
BoardPAC is a Sri Lankan developed highly secure software solution that has received the ISO 27001 Information Security Management System certification.
The Chairman of the CSE Mr. VajiraKulatilake said “The CSE strives to be a leader in the use of Green technologies and this is one such example.
Moving from paper-based meetings to paperless iPad enabled meetings is one of many strides that the CSE is making in the drive to increase productivity and efficiency using suitable and cost effective technologies.”
Mr. Rajeeva Bandaranaike, CEO of the Colombo Stock Exchange added “The CSE has moved into paperless board meetings using BoardPAC technology and we are happy with this decision.
BoardPAC is a user friendly and high security enabled solution which facilitates efficient governance and promotes an eco-friendly approach by reducing use of paper.”
BoardPAC is used by several large corporates in the financial sector including stock exchanges in the region such as Bursa Malaysia, the Malaysian Stock exchange.
LakminiWijesundera, CEO of IronOne Technologies stated: “With BoardPAC, we see the strong alignment with e-governance emerging at the Board and senior executive committee levels in large corporates across the countries we operate in, including Sri Lanka.
We look forward to continuing to drive the introduction to Sri Lanka of new technology trends such as digital signed electronic approvals which are currently being introduced through BoardPAC in certain other regions.
We are pleased to have Sri Lanka’s esteemed Stock Exchange -- the Colombo Stock Exchange -- on board using BoardPAC.”
About Colombo Stock Exchange (CSE)
The Colombo Stock Exchange (CSE) is the main stock exchange in Sri Lanka.
It is one of the exchanges in South Asia providing a fully automated trading platform.
At present the CSE functions as a market operator and through its fully owned subsidiary, Central Depository Systems (Pvt.) Limited (CDS), acts as a clearing and settlement system facilitator.
The CSE also oversees compliance through a set of rules, promotes standards of corporate governance among listed companies and is actively involved in educating investors.
In the course of its operations, the CSE interacts with many customers and stakeholders who include issuers (such as companies, corporations and unit trusts), commercial banks, investment banks, fund managers, stockbrokers, financial advisers, market data vendors and investors.
About BoardPAC
IronOne Technologies is a leading Microsoft Certified Enterprise mobile solutions provider with offices in USA, Sri Lanka and Malaysia and partner offices in over 15 countries.
BoardPAC by IronOne Technologies, the National Best Quality Software Gold award and Green IT award winner, is an innovative product and a leader in the paperless board room revolution in the Asia Pacific region.
The solution has the largest market share for board meeting automation in Sri Lanka and in Malaysia and is emerging as a strong player in many Asia Pacific markets.
BoardPAC provides the ability to view and approve paper from the ease of the Board Members iPad.
It also has a host of features such as collaboration, meeting management and RSVP and the ability to search and refer to past papers.
The solution meets with the highest security standards including the ISO 27001 certification.
BoardPAC is a leader in Board and Committee meeting automation and is used successfully by leading large enterprises such as Deloitte, MayBank Financial Group, RHB Financial Group, Hong Leong Group, Maxis Telecom, RobiAxiata and also by the leading corporates in Sri Lanka such as John Keells, Carsons Holdings, Hemas Holdings, MAS Holdings, SriLankan Airlines, Bank of Ceylon, Sampath Bank, Commercial Bank, Nations Trust Bank, Seylan Bank, and many others.