Ann: TSN Business Update on TSI India, page-8

NOt sure why TSN have under-sold this update...looks intentional to me

But if TSI are moving into the switching and reconciliation martket - thats a lot of easy money for a country moving into digitisation space...a good example of this in aust is all the new reporting and data feeds which connects the banks and fund managers to the ATO and other instos...the switching services can charge by transaction or packet size...once set up, its easy business to maintain and becomes harder for new entrants

The preso is pretty good sales doc...I really hope we buy TSI and merge with a company like NOV which has the remittance products already set up