Tp Icap Group Plc · LSE:TCAP
Tp Icap — Investor Day (October 2020)
10 slides from Tp Icap's investor day presentation, Oct 8, 2020
Slide 1: Introduction
Nicolas Breteau Introduction TP ICAP plc Investor update | 8 October 2020 3
Slide 2: Overview
Overview ● One of the world’s largest financial markets infrastructure groups ⎼ Operating at the heart of global financial, energy & commodities markets ⎼ Leading provider of global OTC data & analytics products & services, supporting both sell-side & buy-side ⎼ UK based and listed ● Our activities
Slide 3: A global leader in financial markets infrastructure
Overview A global leader in financial markets infrastructure 26 Operating Countries c.£1.8bn 2019 Revenue #1 IDB By 2019 Revenue c.5,000 Employees (Sep-20) TP ICAP Capital Markets Day | 1 December 2020 3
Slide 4: Case for Change
Case for Change Challenges Opportunities Client margin pressure and Liquidity We are the #1 IDB globally, with a weighted average increased competition market share of 40% (by revenue of key asset classes) Established relationships and strong brand recognition Networks with top tier investment banks
Slide 5: Group-Wide Strategic Pillars
Group-Wide Strategic Pillars Electronification Aggregation Diversification Increase the proportion of Provide clients with access to low-touch activity and improve Build out earnings from buy-side, aggregated liquidity from across client connectivity and post-trade corporates and data businesses our
Slide 6: Divisional Initiatives
Divisional Initiatives Strategic Initiatives “Hub” strategy Global Broking Rates Hub FX Hub Credit Hub - Electronification of activity - Aggregation of liquidity - Enriched, more efficient client experience Energy & Commodities Energy Hub - Institutionalisation of volume/client relationships - Produ
Slide 7: Liquidnet Acquisition: A Potential Transformational Accelerator
Liquidnet Acquisition: A Potential Transformational Accelerator Complementary Asset Class Expertise, Clients and Platforms Transaction Rationale 1,000+ IDB / Dealer focus Buy-side Client Large Global Network of Network1 Sell-side & Buy-side ⎼ Building on the strengths of each partner + ⎼ Serving the
Slide 8: Financial Targets for TP ICAP and Liquidnet
Financial Targets1 for TP ICAP and Liquidnet 20192 Medium Term c.4% Revenue CAGR Target Revenue Liquidnet TP ICAP standalone 2019 2023 Target Medium Term TP ICAP & Liquidnet: c.23% Underlying TP ICAP & Liquidnet: c.18% Operating Margin 15.2% c.20% c.17% 1. Please note that the term “target” used her
Slide 9: Disclaimer
Disclaimer This presentation has been prepared by TP ICAP plc (together with its subsidiaries, the “Group”) solely for informational purposes. No representation or warranty express or implied is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of t
Slide 10: TP ICAP Capital Markets Day
TP ICAP Capital Markets Day 1 December 2020