Iress Limited · ASX:IRE
Iress — Evans & Partners Small Cap Conference 2016
20 slides from Iress's conference presentation, Nov 29, 2016
Slide 1: IRESS Limited – Investor Presentation
For personal use only ASX Market Announcements Office ASX Limited 20 Bridge Street SYDNEY NSW 2000 29 November 2016 Dear Sir/Madam IRESS LIMITED – Investor Presentation Please find attached for market release an information pack that will be presented later this morning to investors and analysts. Yo
Slide 2: IRESS overview
For personal use only IRESS overview Evans & Partners Small Cap Conference 29 November 2016 Andrew Walsh - Managing Director & CEO John Harris - CFO iress.com 1
Slide 3: A brief introduction to IRESS
For personal use only A brief introduction to IRESS iress.com 2
Slide 4: Global scale, local relevance
Global scale, local relevance For personal use only Canada: 72% of retail and 39% UK: 95% of Top100 wealth of institutional sell-side order flow managers. 65% of advised mortgages & 25% of mortgages Revenue: 6% of Group processed People: 64 SE Asia: Leading provider of Revenue: 34% of Group CFD trad
Slide 5: Disciplined approach to growth
Disciplined approach to growth For personal use only Export Local relevance, Invest in Pursue Acquire IRESS IP global presence our people scale Continue to export Retain local Attract, develop & Consistently look Committed IP leveraging relevance & retain top talent. to streamline and deliberate pro
Slide 6: Our unified capability
Our unified capability For personal use only Financial Markets Wealth Management Lending Market data and trading software Integrated wealth management Multi-channel mortgage sales and including order and execution platform offering client management, origination platform including SOLUTIONS manageme
Slide 7: Strong revenue growth, diversification and return to shareholders
Strong revenue growth, diversification and return to shareholders 2005: $93m 2010: $180m 2015: $362m For personal use only Lending 9% Wealth Management 7% Wealth Management Financial 28% Markets Financial Wealth 43% Markets Management Financial 72% 48% Markets 93% 94% 101% Revenue growth Revenue gro
Slide 8: IRESS' integrated private wealth solution
For personal use only IRESS’ integrated private wealth solution iress.com 7
Slide 9: Integrated private wealth management
Integrated private wealth management A large and growing number of participants now provide a range of services. These span For personal use only execution only, private asset management, advice, digital servicing… and usually span multiple legacy systems. Broking (FM) Integrated Wealth Advice (WM)
Slide 10: The UK client segment opportunity
The UK client segment opportunity Participants are typically found to operate across client segments and therefore client For personal use only needs. This requires flexibility and capability across product and service propositions, frequently a challenge with legacy technology. Assets Product needs
Slide 11: The case for change
The case for change For personal use only Replacing disparate legacy systems with a new operating platform will enable the migration of heritage business lines to a new operating model and deliver the following benefits: Cost reductions - support to Revenue enhancement – FP/IM, adviser ratios, lower
Slide 12: Working with IRESS – Tilney Bestinvest
Working with IRESS – Tilney Bestinvest For personal use only IRESS partnered with Tilney Bestinvest to deliver XPLAN to the London FP/IM business within 12 months: • Only UK product able to support an integrated FP/IM proposition Strength of product • Open technology able to integrate with third-par
Slide 13: Business impact of IRESS' integrated platform
Business impact of IRESS’ integrated platform For personal use only Before After Legacy technologies and operational New portfolio management tools silos New client advice tools Inconsistant online / offline client Consistent client processes (e.g. experience suitability) Disparate and manual busine
Slide 14: Financial Synergy acquisition
For personal use only Financial Synergy acquisition iress.com 13
Slide 15: Financial Synergy acquisition completed
Financial Synergy acquisition completed Extends IRESS’ range and scale of services and solutions For personal use only Rationale Transaction overview • Financial Synergy is a leading provider of software to the • Purchase price of up A$85m-$90m (contingent on future Australian superannuation industr
Slide 16: Financial Synergy acquisition completed – Product Strategy
Financial Synergy acquisition completed Extends IRESS’ range and scale of services and solutions For personal use only Product Strategy • The unique product combination expands the range and scale of services and solutions that can be offered to clients of both businesses. • Scaled opportunities for
Slide 17: 2016 update
For personal use only 2016 update iress.com 16
Slide 18: 2016 update: financial outlook
2016 update For personal use only 2016 financial outlook 2016 financial outlook (cont.) • On a constant currency basis, IRESS continues to expect • As previously advised, UK Lending is currently undergoing strong revenue growth and solid constant currency transition to a recurring revenue model whic
Slide 19: 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 20: Office contact details
For personal use only AUSTRALIA NEW ZEALAND ASIA Melbourne | +61 3 9018 5800 Auckland | +64 9 300 5571 Hong Kong | +852 3965 3343 Sydney | +61 2 8273 7000 Wellington | +64 4 462 6850 Singapore | +65 6672 6288 Perth | +61 8 6211 5900 Brisbane | +61 7 3011 4700 Adelaide | +61 3 9018 5800 CANADA SOUTH