Iress Limited · ASX:IRE
Iress — Goldman Sachs Australia and NZ Investment Forum 2014
17 slides from Iress's conference presentation, Sep 9, 2014
Slide 1: ASX cover letter: IRESS CEO presentation
The Manager For personal use only Company Announcements Office Australian Stock Exchange Exchange Centre 20 Bridge Street SYDNEY NSW 2000 9 September 2014 ELECTRONIC LODGEMENT Dear Sir or Madam IRESS CEO Presentation - Goldman Sachs, Australia and NZ Investment Forum – 9 September 2014 Please find e
Slide 2: Goldman Sachs Australia and NZ Investment Forum
For personal use only Goldman Sachs Australia and NZ Investment Forum London Andrew Walsh - Managing Director & CEO 9 September 2014 iress.com
Slide 3: Disclaimer
Disclaimer For personal use only The material in this presentation is intended to be general background information on IRESS Limited and its activities, current at the date of the presentation. The information is provided in summary form and does not purport to be complete. It is not intended to be
Slide 4: Who is IRESS?
Who is IRESS? For personal use only IRESS is a leading provider of managed solutions and services in capital markets, wealth management and lending, for global and institutional brands through to retail firms and independent intermediaries. • Publically listed on ASX Global scale, local relevance 14
Slide 5: Australian origins. International reach.
Australian origins. International reach. For personal use only Canada United Kingdom 72% of retail and 39% of 95% of Top100 wealth mgrs institutional sell-side order 65% of advised mortgages & flow. 25% of all mortgages Singapore Leading provider of CFD processed trading platforms Revenue: 5% of Gro
Slide 6: Organic and inorganic growth
Organic and inorganic growth For personal use only Group Operating Revenue (AUD m) 250.6 204.5 206.7 179.8 170.2 163.8 169.5 134.5 93.7 74.2 53.7 62.6 40.6 49.0 FY01 FY02 FY03 FY04 FY05 FY06 FY07 FY08 FY09 FY10 FY11 FY12 FY13 H1 14 Corporate activity FY02 FY03 FY04 FY05 FY06 FY07 FY08 FY09 FY10 FY11
Slide 7: Financial performance
Financial performance Total Information Revenue 216.0 Total Segment Profit 89.1 88.3 For personal use only 86.1 83.4 (AUD m) (AUD m) 82.6 76.5 166.9 170.1 152.9 61.1 59.3 136.4 144.9 131.4 44.4 106.9 36.3 71.4 55.2 2005 2006 2007 2008 2009 2010 2011 2012 2013 H1 2005 2006 2007 2008 2009 2010 2011 20
Slide 8: 2014 H1 financial results
2014 H1 financial results For personal use only Full period contribution Resilient result for Interim dividend increase of UK acquisition ex-UK business of 18.5%, reflecting earnings increase • Group Revenue up 17.2% on H2 • Excluding contribution from UK , 13, up 61.5% PCP Group Revenue up 1.0% and
Slide 9: Segment profit margins
Segment profit margins For personal use only 2012 2013 2013 2014 % Operating Revenue H2 H1 H2 H1 AU FM (AUD) 50.0% 47.5% 48.8% 46.9% AU WM (AUD) 42.3% 44.2% 43.9% 47.4% AU (AUD) 47.4% 46.3% 46.9% 47.1% CAN (CAD) 27.8% 25.0% 28.5% 30.1% RSA (ZAR) 29.1% 31.7% 27.3% 25.6% UK WM (GBP) 12.6% 21.4% UK ENT
Slide 10: Transformed IRESS group
Transformed IRESS group For personal use only Australian origins with continued Continued progress with UK Significant regional UK/EU strength, supports broadening strategy following successful platform for broader growth geographic reach integration opportunities Geographic reach UK integration Gro
Slide 11: United Kingdom
United Kingdom Differentiating competitive characteristics for IRESS wealth tech in UK and region For personal use only • Technology, independence, and Regulatory change (RDR) creating dislocation and stimulating structural scale are differentiating competitive response : characteristics • Post-RDR
Slide 12: IRESS plays leading role in UK lending market
United Kingdom IRESS plays leading role in UK lending market For personal use only • Mortgage Sales & Originations (MSO) is an Key findings of ‘IRESS Mortgage Efficiency Survey 2014’ show end-to-end, multi-channel mortgage platform significant changes and opportunity : for lenders - 25% of all UK mo
Slide 13: Multiple sources of dislocation tension
Multiple sources of dislocation tension For personal use only Digital • Increasing regulation disruption • Growth in AUM led by established estimated to be US$101 markets, emerging trillion by 2020* markets expected • Increased investment to follow choice from defined • Increasing margin contributio
Slide 14: Unique opportunity for IRESS suite
Unique opportunity for IRESS suite For personal use only The global wealth market continues to grow Global AUM predicted to reach US$101 trillion by 2020* CAPITAL MARKETS WEALTH MANAGEMENT CLIENT SEGMENTS • Institutional brokers • Private wealth managers • Asset managers • Retail brokers • Discretio
Slide 15: IRESS product suite - overview
IRESS product suite - overview For personal use only Financial Markets Wealth Management Enterprise (Lending) Market data and trading software including Integrated wealth management platform Multi-channel mortgage sales and order and execution management services, offering client management, busines
Slide 16: IRESS group outlook
IRESS group outlook • Trading into early H2 2014 for the group has commenced with positive activity For personal use only • Software implementation projects in retail segments continuing across all regions • Key contributions to 2014 financial result: • Strong growth in Australian Wealth Management
Slide 17: Andrew Walsh contact details
Andrew Walsh For personal use only T: +61 3 9018 5800 awalsh@iress.com AUSTRALIA NEW ZEALAND ASIA Melbourne | +61 3 9018 5800 Auckland | +64 9 300 5571 Hong Kong | +852 3965 3341 Sydney | +61 2 8273 7000 Wellington | +64 4 462 6850 Singapore | +65 6672 6288 Perth | +61 8 6211 5900 Brisbane | +61 7 3
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