Delphx Capital Markets, Inc. · TSXV:DELX
Delphx Capital Markets — Investor Presentation (July 2022)
19 slides from Delphx Capital Markets's investor presentation, July 2022
Slide 1: Building the next generation of credit default and yield enhancement securities
Building the next generation of credit default and yield enhancement securities TSXv: DELX OTC: DPXCF CONFIDENTIAL
Slide 2: Cautionary Notes
Cautionary Notes Forward-Looking Information Not for Distribution; No Offering Certain information contained herein is forward-looking and relates to the DelphX Capital Markets Inc. (“DelphX” or the This does not constitute a general advertisement or general solicitation or an “Company”) business st
Slide 3: About
About 2021-2022 Stock Price Timeframe 1YEAR Founded in 2012, DelphX is a technology and financial services company focused on bringing new and exciting debt management tools to the structured product and credit markets. Through its special purpose vehicle Quantem and its broker-dealer DelphX Service
Slide 4: Vision
Vision Develop Next Generation Credit Products and Technologies FOR AN ESTIMATED $15.7 Trillion Market We are launching an industry-first structured products facility designed to solve the decades-old problems in the management of credit risk through the issuance of two new and proprietary private p
Slide 5: Mission
Mission DelphX is committed to transforming credit markets by increasing access to efficient, transparent and cost effective hedging strategies and increased yields with no counterparty risks: Building a first of its kind product that allows Provides a standardized facility to issue Expanding access
Slide 6: The Problem
The Problem A Global Challenge For over a decade, credit investors have endured a prolonged decline in investment yields. At the same time, the Credit Default Swap (CDS) market has shrunk materially: F R O M O V E R The environment has been ! $50 Trillion T O U N D E R particularly vexing for life i
Slide 7: Our Solution
Our Solution DelphX creates measurable value for all participants DelphX Advantage C P O I N V E S T O R S E C U R I T I E S AT I S S U A N C E , N O CO U N T E R PA R T Y R I S K • New securities provide collateralized payment in the event of default of a referenced CUSIP…proprietary to DelphX • Tr
Slide 8: The Simple Picture
The Simple Picture Manager A Manager B Needs Yield Needs Portfolio Protection Credit investor “A” can take on the Credit investor “B” can gain secured default exposure of an underlying default protection for underlying security in exchange for corporate, municipal and sovereign enhanced yield via Co
Slide 9: Financials
Financials Net yield pickup and revenue result of a sample issuance: A L LY B O N D YIELD 2.136% DelphX Revenue of $1,356,000 CRN YIELD 2.578% PICKUP per $100,000,000 OF 0.401% of issuance on this specific trade with room to scale substantially more. CONFIDENTIAL 9
Slide 10: Market
Market DelphX is looking to capture part of an $15.7 Trillion Market CDS US Investment Grade Corporate Bonds CPO / CRN % of US IG CDS Outstanding ANNUAL REVENUE CPO / CRN % of US Corporate Bond Outstanding ANNUAL REVENUE $ 5 T R I L L I O N $ 1 0 . 7 T R I L L I O N 1% $125 Million 0.5% $133.75 Mill
Slide 11: Roadmap
Roadmap DelphX will build tomorrow’s credit market through: Data Analytics-led innovations & platforms Market efficiencies through Real time price discovery, liquidity & that transform participant experience ”smart credit” products automated execution through AI & blockchain Q1 2022 Q2 2022 Q3 2022
Slide 12: Marketing Partner
Marketing Partner LPS Capital DelphX/LPS Partnership: S A L E S & M A R K E T I N G AG R E E M E N T With LPS working to advance the use of the proprietary DelphX Collateralized Put Options (CPOs) and Collateralized Reference Notes (CRNs) structured products. E X P E R I E N C E D S A L E S T E A M
Slide 13: Technology Partner
Technology Partner DelphX/Halo Partnership: CO - D E V E LO P M E N T A N D L I C E N S I N G AG R E E M E N T Whereby Halo will construct for DelphX the industry-first automated platform that will allow both buyside firms and dealers to negotiate and execute Collateralized Put Options (CPOs) and Co
Slide 14: Leadership Team
Leadership Team Patrick Wood Simon Selkrig Gordon Jardin CEO and President Chief Financial Officer Chief Actuary & Risk Officer Patrick is a successful capital markets veteran with Simon has more than 20 years of experience in all Gordon is a Fellow and past board member of the industry experience s
Slide 15: Non-Executive Directors
Non-Executive Directors Steven Mannik Anne Connelly Salim Hasham Non-Executive Director Non-Executive Director Non-Executive Director Steven is a Fellow of the Society of Actuaries and of A passionate advocate for harnessing blockchain Salim is currently a Director and Global Head of the Canadian In
Slide 16: Advisors
Advisors Keith Styrcula Joe Castelluccio Keith has over two decades of experience in the structured investments and During his four decades in the bond markets, Joe has written extensively on fixed derivatives industry. He was the Founder and Head of the Structured Solutions income topics, making hi
Slide 17: Keys to the Story
Keys to the Story CO L L A B O R AT I V E E F F O R T : Our product development process was lengthy and included significant input from top legal entities and dealers, giving us high DELPHX OFFERS INDUSTRY-FIRST TOOLS confidence in our solutions for this underserved market. DEFAULT RISK IS PERVASIVE
Slide 18: DelphX Acronyms Playbook & Terms
DelphX Acronyms Playbook & Terms The following is a list of acronyms and terms that will be helpful while reading this presentation: CPO ISDA Collateralized Put Option - a fully-collateralized Private Placement International Swaps and Derivatives Association - Determines whether security that provid
Slide 19: Contact
Contact Canada 15 Prince Arthur Avenue, Toronto, ON M5R 1B2 USA 110 Wall Street, New York, NY 10005 CONFIDENTIAL WWW.DELPHX.COM
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