StatPro Group plc CAPITAL MARKETS PRESENTATION 28 NOVEMBER statpro.com

Transcription

1 StatPro Group plc CAPITAL MARKETS PRESENTATION 28 NOVEMBER

2 Agenda STATPRO GROUP Justin Wheatley CEO StatPro REVOLUTION DIVISION Dario Cintioli CEO Revolution INFOVEST DIVISION Craig Arenhold CEO Infovest SOURCE: STATPRO DIVISION Gordon Bloor CEO Source: StatPro SUMMARY Justin Wheatley CEO StatPro 2

3 StatPro Group JUSTIN WHEATLEY CEO STATPRO 3

4 New divisions Revolution Revenue: 44.7m Source: StatPro Revenue: 8.3m Infovest Revenue: 5.5m * Pro-forma based on July 2018 ARR and professional fees, including ODDO BHF 4

5 Organisation Revolution CEO: Dario Cintioli Source: StatPro CEO: Gordon Bloor Infovest CEO: Craig Arenhold 5

6 Revolution Division DARIO CINTIOLI CEO REVOLUTION

7 Agenda WHAT IS REVOLUTION? SALES STRATEGY 2019 PRODUCT HIGHLIGHTS 7

8 What is Revolution? 8

9 What is Revolution? THE REVOLUTION DIVISION Cloud-based portfolio analytics platform Performance Risk Compliance Reporting Cutting-edge cloud technology API Scale Configurable UI & reporting Products Revolution Seven Delta Alpha 9

10 What makes us special? WHERE WE ARE WINNING Performance Book Of Record (PBOR) Middle office function Perfectly placed for third-party outsourcing GIPS 2020 possible source of new sales European risk compliance Best solution Unique blend with managed service Asset liability management, front office fixed income exposure Proven track record Trusted numbers 10

11 Sales Strategy

12 Performance Book of Record PBOR OPPORTUNITIES Distribution partners Continue to expand existing relationships Find new opportunities GIPS 2020 campaign Opportunity to enlarge market for GIPS compliance Trigger for process revision Seven functional parity 2019 completes the journey Secure and upsell client base 12

13 Risk Compliance MERGE TWO STRENGTHS StatPro Revolution risk compliance solution Market for replacement is active Risk managed service Strong reputation in Germany/Lux Market Opening interactive UI to clients now possible Merger strengthens our offer Today we can offer managed services and access to the system Combination of two strengths opens up opportunities 13

14 Delta LEVERAGE FIXED INCOME STRENGTH Asset liability management liability-driven investment Insurance companies Pension funds Fixed income analytics Asset managers Asset owners Delta continuity reinvigorates sales efforts 14

15 Product Highlights 15

16 Product highlights STEADILY IMPROVING Maturity in performance offering Consolidated fund administrator implementations Multiple awards Proven benefits 2019 plan achieves functional parity with Seven Key improvements in Delta migration 16

17 Delta migration approach NO IMPACT FOR CLIENTS First plan for migration The outcome of continuity: Same inputs Same outputs and reports No change in user experience 17

18 Where are we? PRODUCT DELIVERABLES 2019 marks functional parity with Seven Completion of ODDO-BHF migration on time Target date of 15 May 2020 for releasing first version of StatPro Delta 18

19 Outlook TARGET ORGANIC GROWTH Good product positioning Focused sales strategy StatPro Delta builds the next area of strength 19

20 Infovest Division CRAIG ARENHOLD CEO INFOVEST

21 What is Infovest? Experts in data management, compliance and reporting 50 client implementations, locally and internationally 100% success rate, 100% renewal rate Tremendous technology Great expertise Malleable, componentised solution Significantly increases data visibility 21

22 Data visibility 22

23 What does Infovest do? INVESTMENT DATA MANAGEMENT (IDM) Data integration / ETL Data warehousing Data extraction / visualisation REPORTING Internal & external Regulatory reporting POST TRADE COMPLIANCE 23

24 Who are our clients? ASSET SERVICE PROVIDERS Custodians, fund administrators, trustees, authorised corporate directors, management companies ASSET MANAGERS Institutional investment managers, collective investment managers, multi-managers, fund of funds, hedge funds ASSET OWNERS Pension funds, life companies, insurance companies 24

25 Commonly implemented solutions Investment data management Client reporting packs Regulatory reporting Internal standardised and ad-hoc reports MIS dashboards / enquiry frameworks Asset look-through / unitisation structures Asset classifications 25

26 Before After MARKET DATA MARKET DATA EXTERNAL PARTIES TRADING EXTERNAL PARTIES TRADING Before COMPLIANCE FUND ACCOUNTING COMPLIANCE FUND ACCOUNTING Infostore REPORTING ETC. REPORTING ETC. PERFORMANCE RISK PERFORMANCE RISK ATTRIBUTION ATTRIBUTION 26

27 Infovest offering Market data External parties Trading Compliance Fund accounting Infostore Reporting Etc. Performance Risk Attribution 27

28 Combined product set STATPRO AND INFOVEST Market data External parties Trading Compliance Fund accounting Infostore Reporting GIPS. Performance Risk Attribution 28

29 The benefits of Infostore A completely integrated data management solution Non prescriptive file formats, data schemas Robust and flexible data management solution Control you can do as much or as little as you like. Safely. business solutions team No matter if you amend and control we can maintain and upgrade. Shorter implementation, quicker ROI and lower cost of ownership. 29

30 Clients 30

31 Conclusion Great product set Complimenting products Leverage the StatPro global footprint Target Europe initially; NA to follow 31

32 Source: StatPro Division GORDON BLOOR CEO SOURCE: STATPRO

33 The data management challenge GROWING COMPLEXITIES IN DATA MANAGEMENT The Challenge Asset management businesses grow by volume and complexity Analytics and valuations require a wider and more diverse range of data Data sources and volumes increase, formats vary and are more complex to integrate Data management and QA become commensurately more time consuming Limited and valuable resources are diverted to providing a uniform data universe 33

34 The data management challenge GROWING COMPLEXITIES IN DATA MANAGEMENT The Managed Data Solution Single source for comprehensive pricing and reference data across a wide range of asset classes Uniform data formats and delivery across multiple asset classes to multiple platforms Outsources the heavy lifting of data aggregation & management to specialist providers Bespoke solutions designed for each client 34

35 The data management challenge GROWING COMPLEXITIES IN DATA MANAGEMENT The Managed Data Opportunity StatPro clients: 500 clients 105 of the top 500 asset managers Burton Taylor Report Risk, compliance and research analysts fastest growing users Pricing, reference and valuation growing at 8.51% per annum 35

36 Established services A NEW DIVISION Source: StatPro brings together a range of established data assets from across the group to deliver a comprehensive and independent managed pricing service: VALUATIONS SIS A managed data service providing one off, intraday and EOD valuations for portfolio valuation and NAV calculation StatPro Index Service, providing a global equity and fixed income benchmark data service, into StatPro or 3 rd party analytics platforms Fixed income credit curves developed by UBS for Risk modelling in Delta CAP Independent, transparent and comprehensive complex asset pricing for regulatory compliance and valuation purposes FREEDOM INDICES A disruptive Index and benchmark initiative Combine to provide a broad comprehensive pricing service to accommodate the vast majority of asset management pricing requirements. 36

37 Established services A NEW DIVISION COMPLEX ASSET PRICING 2% VALUATIONS / PRICING 31% REVOLUTION 36% D' CURVES 10% SIS 5% VALUATIONS OVERAGE 16% * Based on approx. ARR at end Sep 2018, including inter-group revenue 37

38 Clients Valuations SIS CAP Redistribution 38

39 Objectives HELPING OUR CLIENTS TO MEET THE DATA MANAGEMENT CHALLENGE. multiple output file formats for different platforms and uses. Extensive coverage across securities pricing and reference data benchmarks, corporate actions and security master file data. Data delivery formats are uniform, but configurable across different asset classes. Sophisticated cleansing, validation and QA processes ensure data integrity Support direct from analysts and operations, for knowledgeable and swift response 39

40 Driving growth and raising profile CORE COMMERCIAL FOCUS Current clients/current services/current salesforce New business capability; replication of existing successes with investment services providers Embrace redistribution, but protect our rights as necessary Acquisition opportunities - accelerating growth in revenue and capabilities 40

41 StatPro Group JUSTIN WHEATLEY CEO STATPRO 41

42 Objective 1. Focus & strategy 2. Joined-up solutions 3. Freedom to innovate Foundation SIS Revolution Data management solution for analytics 42

43 Industry trends Asset managers are under pressure SO THEY NEED TO: 1. Become more productive 2. Keep fees competitive 3. Focus on core competences 4. Outsource processes that require specific expertise Data management Regulatory reporting 43

44 response StatPro is a service company SO WE WANT TO: 1. Enhance service delivery 2. Offer managed data services for our own products 3. Increase our focus on fund administrators (outsourcers) 4. Help our clients become more productive 44

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