Intellect Design Arena Ltd · NSE:INTELLECT
Intellect Design Arena — Q4 FY21 Earnings Presentation
83 slides from Intellect Design Arena's earnings presentation, May 11, 2021
Slide 1: Regulation 30(6) intimation letter to exchanges
Intellect/SEC/2021-22 May 11, 2021 1. National Stock Exchange of India Ltd., Scrip Code : Exchange Plaza, 5th Floor, Plot No. C/1, G Block, Bandra Kurla Complex, INTELLECT Bandra (E), Mumbai – 400 051. 2. BSE Ltd. Scrip Code : 1st Floor, New Trade Ring, Rotunda Building, PJ Towers, 538835 Dalal Stre
Slide 2: Contextual & Composable Banking: Q4 and FY21 Results
CONTEXTUAL & COMPOSABLE BANKING Powered by Intellect Technology Q4 and FY21 Results Earnings Announcement
Slide 3: Safe Harbor Statement
Safe Harbor Statement Certain statements in this release concerning our future prospects are forward-looking statements. Forward-looking statements by their nature involve a number of risks and uncertainties that could cause actual results to differ materially from market expectations. These risks a
Slide 4: Intellect – A Snapshot
Intellect – A Snapshot Full-spectrum The world’s Ranked #1 in FinTech 8012, banking and largest cloud- the world for the world’s first insurance Trusted by over Pioneered Design native, API led, both Retail and design center technology 240 financial Thinking to create microservices Transaction for f
Slide 5: Intellect – Our Lines of Business
Intellect – Our Lines of Business Risk, Treasury Corporate Retail Insurance Digital Solution Platform & Capital Markets Banking Banking 4
Slide 6: Board of Directors
Board of Directors Arun Jain Anil Kumar Verma Arun Shekhar Aran Chairman & Managing Director Executive Director Independent Director Andrew England Vijaya Sampath Abhay Gupte Non-Executive Director Independent Director Independent Director 5 5
Slide 7: Executive Council
Executive Council Arun Jain Anil Kumar Verma Manish Maakan Rajesh Saxena Chairman & Managing Director Executive Director Chief Executive Officer, Global Chief Executive Officer, Global Transaction Banking Consumer Banking Banesh Prabhu TV Sinha Andrew England Govind Singhal Venkateswarlu Saranu Chie
Slide 8: 1. Technology First
1. TECHNOLOGY FIRST Intellect’s Four Exponential Technologies
Slide 9: What our customers expect…
What our customers expect… Digital Inside Highly secure Customer Experience Wiring of Operations to Hyperscale Cloud deliver consistently ensure high STP - Technology high quality experience contextual and intelligent that can be elastic at every touch point management of Business enough to support
Slide 10: Intellect's Four Exponential Technologies
Intellect’s Four Exponential Technologies Hyperscale Contextual/Corporate Banking Operating AI/ML – Data Platform System 01 02 Unified data architecture, API led design, Cloud native and configurable integration 04 03 iTurmeric API Intelligent Document Ecosystem Exchange IDX
Slide 11: The Complete Data Insights Platform
The Complete Data Insights Platform D D Leverage Data and AI as a Service through APIs A A T T A A C S Intelligent O Intelligent Web Customer O Document Big Data N Extraction (IWX) Data Lake Extraction (IDX) U D1 D2 D3 D4 S R U C M E Data Governance E S Data Accuracy Data Science Algorithms R & Pack
Slide 12: iTurmeric Platform – Enabling the Ecosystem
iTurmeric Platform – Enabling the Ecosystem Ecosystem Marketplace Fintech ISV Partners Bank’s Ecosystem Channels Turmeric Back Office API Exchange API Studio Experience Integration & Developer Studio Orchestration Sandbox T1 T2 T3 Studio T4 T5 Payments … Commercial Core Lending Cards Corporate Other
Slide 13: iTurmeric Platform – The Marketplace Enabler
iTurmeric Platform – The Marketplace Enabler Open Omnichannel Corporates Partners FinTechs Developers Banking UX Experience API Developer T3 Studio T1 Exchange T5 Sandbox T2 API Studio + T4 Integration Studio Bank’s Back Office Systems IDC LMS Trade Finance Capital Alpha Intellect GL CRM Products ID
Slide 14: Intellect Fin Cloud Platform – Reference Architecture
Intellect Fin Cloud Platform – Reference Architecture Datastores Data Streaming Languages & Contain Repo / CI / CD API C5 Warehous e Frameworks er Registry App Defn + Gatewa y C6 Observability Application Development Tracing C4 Orchestration & Scheduling Service Mesh Orchestration & Management Monit
Slide 15: Reference Architecture – C5 Application Development
Reference Architecture – C5 Application Development Datastores Data Warehouse Streaming Languages & Frameworks C5 Application Development Container Registry Repository / App Defn CI / CD API Gateway
Slide 16: 2. Contextual and Composable Products
2. CONTEXTUAL AND COMPOSABLE PRODUCTS
Slide 17: Products overview
Products overview Digital Transaction Banking Digital Core World’s First Integrated Digital Transaction Banking Digital 360, real-time, context-aware Enterprise Platform delivering Omni-Channel Cash & Trade Product Processors Digital Lending Instant credit, micro-segmentation, risk optimisation Cont
Slide 18: Products overview
Products overview Brokerage Solution (Capital Alpha) Underwriting (Xponent) Broker in a box, multi-asset, multi-exchange Pioneering deployment of Artificial Intelligence, Big Data and IoT to transform insurance Treasury and ALM (Capital Cube) Real time Optimizer & Risk Manager Risk Analyst for the B
Slide 19: Products overview
Products overview I-Turmeric First-of-its kind enterprise integration and transformation platform for banks to progressively modernise to a API led, Cloud ready I-GOV Full Spectrum Digital for Public architecture Sector Services IDX Digital Solution Platform Fabric Data Platform powered with AI, ML-
Slide 20: 3. Market Leadership
3. MARKET LEADERSHIP 19
Slide 21: Intellect: Turning the World Blue
Intellect: Turning the World Blue 23 25 EUROPE 53 AMERICAS APAC 139 IMEA 240 97 customers countries
Slide 22: Technology Acceptance in Advanced Markets
Technology Acceptance in Advanced Markets Canada Sweden Germany Austria US UK France The repeated wins in the advanced markets, despite rigorous evaluation and competition from global players, reaffirm the banks’ belief in our next gen fintech architecture and the strong leadership we established in
Slide 23: Our competition in these markets
Our competition in these markets Consumer Banking: Temenos, Finastra, TCS, Finacle, Oracle, Mambu, nCino and Thought Machine Insurance and Data: Transaction Banking: Carpe Data, Planck, Duck Finastra, ACI Worldwide, Creek and Palantir CGI and Bottomline Risk, Treasury and Markets: Sungard, Finastra
Slide 24: 4. Leadership
4. Leadership
Slide 25: Leadership
Leadership • Seasoned global banker, Dave Revell ICD.D, former EVP and Global CIO of CIBC, joined Intellect’s iGTB as a Senior Strategic Advisor on its Growth Advisory Board. • James McKenney, formerly SVP National Insurance, Commercial Product & Underwriting of Liberty Mutual, joined Intellect SEEC
Slide 26: 5. Business Highlights
5. BUSINESS HIGHLIGHTS Technology, Product and Market updates of Intellect’s Business Units 25
Slide 27: iGTB Business Highlights
iGTB Business Highlights Manish Maakan Chief Executive Officer, iGTB
Slide 28: iGTB Vision Built on Contextual
iGTB Vision Consumerization Of Commercial Banking Built on Contextual Composable Hyperscale Secure Cloud Technology 300+ APIs
Slide 29: Our Investments in Modern Cloud Platforms
Our Investments in Modern Cloud Platforms Ready to Fast Forward to Digital Next iGTB is #1 Partner of Choice for ee oe ° : igital Transaction Bankin Digital Transaction Banking & nits First Integrated Digital ee iia Banking Enterprise Platform delivering Corporate Liquidity Management Omni-Channel C
Slide 30: iGTB to provide Liquidity & Payments Technology to Société Générale
iGTB to provide Liquidity & Payments Technology to enable Société Générale’s GTB Leadership vision Société Générale, a major player in the economy for over 150 years, supporting 29 million clients every day with 138,000 staff in 62 countries https://www.societegenerale.com/sites/default/files/docume
Slide 31: Liquidity Market Leadership Continues
Liquidity Market Leadership Continues Q on Q Successive Large Destiny Deal Wins – Last 5 Qtrs
Slide 32: Our Leadership Position is Endorsed by Market Leading Analysts
Our Leadership Position is Endorsed by 12 Market Leading Analysts 35+ Accolades INNOVATION AWARD FOR CUSTOMER STRONG PERFORMER iGTB IS A NOTABLE EXAMPLE #1 FOR OPEN BANKING EXPERIENCE The Forrester Wave™ 2020 : Digital Extensive use of micro services Full Score on Interactive Abu Dhabi Islamic Bank
Slide 33: iGTB Oxford School of Transaction Banking
We contribute to the Eco-System via iGTB Oxford School of Transaction Banking Over 200 alumni of senior transaction bankers 🔵 6 successful schools conducted 🔵 10 in-house bank training cohorts 🔵 94.4% NPS
Slide 34: iGTB is Turning the World Blue
iGTB is Turning the World Blue 67% REVENUE FROM ADVANCED MARKETS 14 87% 9 EUROPE REVENUE FROM EXISTING CUSTOMERS AMERICAS 19 50 APAC IMEA 92 97
Slide 35: Our leadership team Guides the World Class Team of 1800+
Our leadership team Guides the World Class Team of 1800+ Manish Maakan Andrew England Dave Revell Ted Malloch CEO, iGTB Director, Head of Strategy Growth Advisory Council Growth Advisory Council 30+ Yrs Growth Advisory Council, iGTB iGTB (GE, Whirlpool, E&Y, IBM) iGTB 35+ Yrs 35+ Yrs 35+ Yrs (CIBC,
Slide 36: Sales & Product Leadership Team - Expansion
Sales & Product Leadership Team - Expansion 1.EUROPE UK, SPAIN, AUSTRIA 2.NORTH AMERICA USA 3.ASIA UAE, SINGAPORE 1.Liquidity Product Management, Delivery 2.DTB Engineering 3.Trade & SCF Engineering, Delivery Industry Leadership Experience from Companies viz 1. Consulting/Technology – Accenture, PWC
Slide 37: www.igtb.com
www.igtb.com © 2021, Intellect Design Arena Limited. All rights reserved. These materials are confidential and proprietary to Intellect and no part of these materials should be reproduced, published in any form by any means, electronic or mechanical including photocopy or any information storage or
Slide 38: Full Spectrum Retail Banking
FULL SPECTRUM RETAIL BANKING Digital Digital Central Digital Digital Core Lending Banking Bank Channel Cards ….. Rajesh Saxena, CEO, Intellect Global Consumer Banking
Slide 39: Won 18 Deals in Covid Times
Won 18 Deals in Covid Times 6 Destiny Deals 6 Upgrade Deals 6 Other Deals Resilient business model backed by consistent innovation-focused strategy 38
Slide 40: Analyst Accolades
Analyst Accolades Awards Lending powered Yes Bank has won the award for Best Fintech 7-time Leader in Gartner’s Partner Bank in Asia for its API #1 ranking by IBS Annual Sales first initiative at IDC Financial Magic Quadrant for retail League Table 2020 Intellect Global Insights Innovation Award (FI
Slide 41: Technology Architecture, World Class Products
TECHNOLOGY ARCHITECTURE WORLD CLASS PRODUCTS 40
Slide 42: World-class banking suite of products
OBJECTIVE Transforming the existing products into SUPERIOR NEXT GENERATION PRODUCTS, with best in class UI & UX connected through API enabled services using microservices architecture & containerized deployments, DevOps linked CI/CD process, fully automated testing and hence resulting in a market le
Slide 43: Product Technology – 8 Point Architecture
Product Technology – 8 Point Architecture 1. Cloud Native 2. Decoupled UI/UX 3. Open API 3.0 4. BIAN Standards µServices, API First Compliance 5. Marketplace 6. Composable Banking SDK 7. DEVOPS Pipeline 8. Out of the box tools Ecosystem for partners & customers for Integration 42
Slide 44: Advanced Market Strategy - Europe and North America
Advanced Market Strategy - Europe and North America 43
Slide 45: Advanced Market Strategy
Advanced Market Strategy Building Solution, Delivery and 1 Hosting capabilities in Germany, UK and Canada 3 Marquee clients – Cater Allen, Advanced 2 Markets Otto and Concentra. Last 2 in many deals Fully Hosted IDC Solution in 3 Germany, UK (AWS) and Canada (Azure) Regulatory, open Banking , 4 PSD2
Slide 46: Product Growth Engines
Product Growth Engines Intellect Digital Core Intellect Digital Intellect Quantum (IDC 21) Lending (IDL 21) Banking Composable. Contextual. Open API. Cloud Native 45
Slide 47: Product Growth Engine 1: IDC 21
Product Growth Engine 1 : IDC 21 01 02 03 Fully integrated Digital Apps with In Powerful Back end product suite Built Analytics Engine • Composable Services - • Apps for retail & • Enterprise wide Pricing Deposits, Teller, GL, corporate banking Engine CASA, CBX-C, CBX-R, • Role based Contextual • Pr
Slide 48: Product Growth Engine 2: IDL 21
Product Growth Engine 2 : IDL 21 Fully Integrated Lending • Composable Components– Suite across Retail, SME 01 Origination, Loan Mgmt., Collateral and Corporate & Limits Mgmt., Debt Mgmt. • ML based Credit risk analyst • Apps across loan life-cycle - Contextual & Real-time 02 Digital Agency, Digital
Slide 49: Product Growth Engine 3: Quantum Banking
Product Growth Engine 3 : Quantum Banking Currency and Banking Services Government Services Enterprise General Vault Management 1 2 Ledger 3 4 Credit/Market Depository & Public Collateral Management Operations Treasury & Risk 5 6 Debt Management7 8 National Level Cross Border FX National Payment Cre
Slide 50: Summary
Summary 49
Slide 51: Summary
Summary After Calibrated growth for the last In order to grow for the next 01 couple of years, FY 21 was a good 03 couple of years, we are year. All engines of the business firing planning to invest in following :Solution, Execution, Engineering & areas Customer Support • SME • Selective Sales Posit
Slide 52: 51
51
Slide 53: IntellectSEEC - Business Highlights
IntellectSEEC - Business Highlights Banesh Prabhu Chief Executive Officer, Intellect SEEC
Slide 54: Intellect SEEC - Business Highlights: Technology
Intellect SEEC - Business Highlights TechnologyTechnology ● Enhanced the cloud data platform – has several thousands unique data elements available for consumption ● IDX.ai cloud platform can execute AI used cases in a few weeks and already covers – Document Classification, Data Extraction, Validati
Slide 55: Intellect SEEC - Business Highlights: Markets
Intellect SEEC - Business Highlights Technology Markets ● One of the world’s leading Insurance company goes live with Magic Submission ● One of world’s leading Wealth Providers selects us as their strategic AI Transformation Partner for their Investment Management Division ● Underwriting (Xponent) r
Slide 56: Intellect SEEC - Product Leadership Journey
Intellect SEEC - Business Highlights Technology Product Leadership Journey ● Business moved from building platform to GTM focus - Key senior leadership onboarded including enhanced COE teams in Data Sciences , AI & ML ● Shifted from a AI product provider to a strategic digital transformation partner
Slide 57: Intellect SEEC - Brand
Intellect SEEC - Business Highlights Technology Brand Celent recognition for IDX.ai work • Novarica recognised our enhanced done with a world leading UK underwriting capability of Magic Wealth Manager for Technology submission with our Data platform as a excellence leader Launched Digital Marketing
Slide 58: Recent Analyst & Industry Awards and Recognition – Data & AI
Recent Analyst & Industry Awards and Recognition – Data & AI 2020 Technology 2020 2020 2019 Intellect identified as a key Intellect Risk Analyst Intellect Risk Analyst player in their report titled cited among leading implementation at Machine Learning in Global Directed Data Liberty Mutual featured
Slide 59: iRTM – Business Highlights
iRTM – Business Highlights Wins & Go Lives Technology & Product ● Capital Cube wins an upgrade with a leading Leadership Journey private sector bank ● Capital Cube -21 supports open banking ● Capital Cube Treasury & CALM went live in a trading with Open API's in Trade Data and new market - Mauritius
Slide 60: iRTM – Business Highlights: Brand
iRTM – Business Highlights Technology Brand ● Capital Cube-was declared Winner at the IBS Intelligence Global Fintech Innovation Awards 2020 in the 'Best Treasury Implementation' category for a leading Australian Bank ● Mutual Fund Utilities India, powered by Capital Sigma-Fund Distribution, declare
Slide 61: iWealth – Business Highlights
iWealth – Business Highlights Technology Technology Markets Brand ● NLG based portfolio review ● Intellect Wealth upgrades ● Intellect’s Wealth Qube has report is completed along ICICI Bank’s system been listed among Global with the Market place capabilities with RM Office Portfolio Management partn
Slide 62: iGov - Business Highlights
iGov - Business Highlights Technology Technology Markets Brand Q4 FY21 Q4 FY21 Q4 FY21 ● Order received: USD 2.44 ● Introduced Intellect’s Billion. ● Products Listed: 1.19 Mn Standard API Management ● Order Volume: 0.11 Mn ● Category Introduced: 3,933 and Enterprise Integration ● Sellers registered
Slide 63: 6. Financial Performance
6. Financial Performance Intellect continues on its Monetisation Trajectory 62
Slide 64: Financials - Executive Summary – Q4 FY21
Financials - Executive Summary – Q4 FY21 E1: Revenue • Total revenue is at INR 3946 Mn registering 10% YoY growth E4: Cash and Net Cash position • In $ terms, total revenue is at $ 54.12 Mn registering 9% YoY growth • Cash and Cash Equivalent is INR 2616.5 Mn in Q4 FY21 as against INR 1343.1 Mn in Q
Slide 65: Financials - Executive Summary – FY21
Financials - Executive Summary – FY21 E1: Revenue • Total Revenue for this year stood at INR 14991.6 Mn – grew by 11% YoY 4: Cash and Net Cash position • Cash and Cash Equivalent is INR 2616.5 Mn in FY 21 as against INR 1343.1 • In $ terms, revenue stood at US $202m – grew by 6% Mn in FY 20 E2: Lice
Slide 66: Q4 FY21 - Revenue at INR 3946 Mn
Q4 FY21 - Revenue at INR 3946 Mn Q4 FY21 REVENUE (INR) Q4 FY21 REVENUE (US $) EBITDA (INR) EBITDA % GROSS MARGIN (INR) 3946 Mn $ 54.12 Mn 985 Mn 25% 2229 Mn Q4 FY20 – 3596 Mn Q4 FY20 - 49.71 Mn Q4 FY20 - 639 Mn Q4 FY20 - 18% Q4 FY20 - 1927 Mn LICENSE (INR) SAAS Revenue(INR) AMC (INR) PAT (INR) NET C
Slide 67: FY21 - Revenue at INR 14992 Mn
FY21 - Revenue at INR 14992 Mn FY21 REVENUE (INR) FY21 REVENUE (US $) EBITDA (INR) EBITDA % GROSS MARGIN (INR) 14992 Mn 202.11 Mn 3577 Mn 24% 8346 Mn FY20 – 13509 Mn FY20 - 190.61 Mn FY20 - 748 Mn FY20 - 6% FY20 - 6522 Mn LICENSE (INR) SAAS Revenue(INR) AMC (INR) PAT (INR) NET CASH 3350 Mn 1796 Mn 2
Slide 68: Total Revenue at INR 3946 Mn in Q4 FY21
Total Revenue at INR 3946 Mn in Q4 FY21 3946 3805 3823 3730 3596 3492 3203 Q3 FY20 Q4 FY20 Q1 FY21 Q2 FY21 Q3 FY21 Q4 FY21 Total Revenue (INR Mn) Note : All figures are in INR Million unless otherwise mentioned 67 67
Slide 69: Financials - Steady growth in license linked revenue
Financials - Steady growth in license linked revenue Q4 FY21 • Q4 FY21 License Revenue is INR 849.1 Mn • Q4 FY21 AMC Revenue is INR 752.7 Mn • Cloud revenue of Q4 FY21 is INR 644.5 Mn – grew 68% YoY FY21 • License Revenue stood at INR 3350 Mn – grew by 35% YoY • AMC revenue stood at INR 2986.3 Mn –
Slide 70: Revenue across Geographies (LTM)
Revenue across Geographies (LTM) 69 69
Slide 71: PAT and EBITDA
PAT and EBITDA 985 806 804 975 904 592 38 426 38 713 05 05 410 639 36 -114 Q4 FY 20 Q1 FY 21 Q2 FY 21 Q3 FY 21 Q4 FY 21 Q3 FY20 Q4 FY20 Q1 FY21 Q2 FY21 Q3 FY21 Q4 FY21 Q3 FY20 PAT EBITDA Note : All figures are in INR Million unless otherwise mentioned 70 70
Slide 72: Collections and Net Cash
Collections and Net Cash Note : All figures are in INR Million unless otherwise mentioned 71 71
Slide 73: Healthy Pipeline
Healthy Pipeline The current funnel of Intellect (INR Mn) Q4FY21 Q3FY21 Q4FY20 41,777 ($573 mn) 41,625 38,400 33,028 ($ 453 mn) is accounted by 136 opportunities 32,700 is accounted by 132 opportunities 28,200 is accounted by 120 opportunities Destiny Deals Q4FY21 Q3FY21 Q4FY20 Destiny Deals 43 42 4
Slide 74: Active Pursuits
Active Pursuits Q4 FY20 Q3 FY21 Won Lost Added Remarks Q4 FY21 4 deals Won High Value Active 1 deal Lost Pursuits 41 42 4 1 6 37 deals from Q3 FY21 43 6 new deals added 1 deal Won > INR 50 Cr 7 8 1 - 1 7 deals from Q3 FY21 + 8 1 new deal added 2 deals Won 1 deal Lost INR 30 Cr – INR 50 Cr 12 15 2 1
Slide 75: Revenue Mix – Currency Wise
Revenue Mix – Currency Wise 74 74
Slide 76: Financial Results for the Fourth Quarter Ended March 31, 2021
Financial Results for the Fourth Quarter Ended – March 31, 2021 Additional Information on function wise classification of statement of Profit and Loss of the Group (Consolidated Unaudited / Not Reviewed) INR Millions QUARTER ENDED HALF YEAR ENDED YEAR ENDED March 31, 2021 December 31, March 31, Marc
Slide 77: 7. Management Observations
7. Management Observations
Slide 78: Management Observations
Management Observations Arun Jain, Chairman and Managing Director Digital adoption not only accelerated this year but fundamentally altered the way technology impacts the business of banking and insurance. This was led by regulation, fintechs, changing consumer preferences and COVID. Our technologic
Slide 79: 8. Update on Covid
8. Update on Covid
Slide 80: Business Continuity – Covid
Business Continuity – Covid • Resurgence of Covid - predominantly in India at the beginning of FY22 has caused concerns • We are addressing the dual objectives of Customer Support and Associate care • Customer Support • Over the last 12 months, we have refined the Work from Home protocol. We are abl
Slide 81: Stock Information
Stock Information Stock Performance (April 2020 – March 2021) Stock Data As on 31st March 2021 As on 31st March 2021 Market Cap 9,840 Cr. Stock Price ₹ 740 80 52 Week (High / Low) ₹ 740/57.1 NSE / BSE - Symbol INTELLECT / 538835 No. of Shares Outstanding 13,29,74,363 Average Daily Volume (3 Months)
Slide 82: Contacts
Contacts Venkateswarlu Saranu Praveen Malik Nachu Nagappan Chief Financial Officer Vice President – Investor Relations AVP – Corporate Communication venkat.saranu@intellectdesign.com +91 8939782837 +91 8939619676 praveen.malik@intellectdesign.com nachu.nagappan@intellectdesign.com 81
Slide 83: © 2021, Intellect Design Arena Limited. All rights reserved.
© 2021, Intellect Design Arena Limited. All rights reserved. These materials are confidential and proprietary to Intellect and no part of these materials should be reproduced, published in any form by any means, electronic or mechanical including photocopy or any information storage or retrieval sys
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