Contour and Mphasis Partner To Accelerate The Digital Transformation of Global Trade Finance

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Contour and Mphasis Partner to Accelerate the Digital

Transformation of global Trade Finance

New York, October 21, 2020

Contour, the global decentralized platform building the new standard for global trade, today announced
a partnership with Mphasis, an Information Technology (IT) solutions provider specializing in cloud and
cognitive services, to accelerate the scaled adoption and extend the reach of the Contour network by
banks, enterprises and partners worldwide.

With the backing of strategic investors such as HSBC, BNPP, Bangkok Bank and Standard Chartered,
Contour is on a mission to revolutionize global trade and bring trust, transparency, collaboration, and
agility to what has traditionally been a complex and cumbersome industry.

Through this partnership, Mphasis will leverage its proven Front2BackTM Transformation approach and
its portfolio of next generation IT and operations capabilities to help accelerate the implementation and
usage of the Contour network across the global community of banks, corporates, and ecosystem
partners.

“As our business continues to grow following its launch at the start of October, we are constantly
looking to expand our network with technology that enhances trade processes and overcomes
longstanding obstacles that the traditionally paper-based industry has been subject to. Our vision to
create a global standard for trade will be achieved through our work with other technology providers
that build upon the interoperability of our network and streamlines processes. With Mphasis’s global
footprint and expertise in financial services, our work together will ensure that organisations can reap
the benefit of improved trade,” said Carl Wegner, CEO, Contour.

“We are inspired by Contour’s vision and excited to be a partner in their growth journey. With over two
decades of experience at the forefront of banking, payments, and technology, Mphasis is in a unique
position to help Contour’s banking and enterprise network members – many of which are our clients as
well - embrace the power of the network to catalyze and accelerate their own digital transformation,”
said Srikumar Ramanathan, SVP & Global head – Industry Solutions Group, Mphasis.

“Contour provides a network foundation that is critical for the scaled re-invention of what has been a
centuries-old industry,” said Andres Ricaurte, SVP & Global Head - Payments, Mphasis. “Through this
partnership, we will help banks, enterprises, and ecosystem partners find new and transformative ways
to transact with one another and capitalize on the vision of digital and connected global trade”.

About Mphasis
Mphasis (BSE: 526299; NSE: MPHASIS), applies next-generation technology to help enterprises
transform businesses globally. Customer centricity is foundational to Mphasis and is reflected in
Mphasis’ Front2Back™ Transformation approach. Front2Back™ uses the exponential power of cloud and
cognitive to provide hyper-personalized (C=X2C2 TM=1) digital experiences to clients and their end
customers. Mphasis’ Service Transformation approach helps ‘shrink the core’ through the application of
digital technologies across legacy environments within an enterprise, enabling businesses to stay ahead
in a changing world. Mphasis’ core reference architectures and tools, speed and innovation with domain
expertise and specialization are key to building strong relationships with marquee clients. Click here to
know more.

About Contour
Contour is building the world’s open trade finance network. With industry-wide collaboration and
blockchain technology, we are dissolving barriers to create seamless trade. Our network of Banks,
Corporates and Partners enable the instant flow of trusted data across the world’s trade routes and
fragmented ecosystems, creating a streamlined future for businesses.
www.contour.network

For further information, please contact:


Mphasis Corporate Communications Max Daniels
Deepa Nagaraj - [email protected] Chatsworth Communications
+ 1 (646) 424-5160 |+91 9845 256 283 [email protected]
Sumana Bhat - [email protected] +44 (0) 7950 267 892
+91 9902 980 980

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