Slide 1: Know Your Transaction: FY20 Annual Report Webinar
For personal use only Know Your Transaction Identitii (ASX:ID8) FY20 Annual Report Webinar Thursday 24 September, 2020 1pm AEST
Slide 2: Agenda
Agenda 1. Welcome For personal use only 2. FY20 in review 3. What’s now and next 4. Q&A
Slide 3: Welcome. Six months in… This year was about next year
For personal use only Six months in… This year was about next year Welcome. John Rayment, The growing problem we solve CEO The future ahead is bright
Slide 4: FY20 Timeline
FY20 Timeline 63 new sales conversations Additional $1.9M raised via Residual For personal use only Shortfall placement FY20 85% of employees take up share offer HSBC Australia John Rayment Entitlement becomes second Symphony joins as Interim Issue closes, Gus Garcia joins as customer partnership CO
Slide 5: Vision
Vision For personal use only We envisage a trusted and transparent global financial services industry, which is accessible to everyone and where financial crime is impossible
Slide 6: Financial crime is increasing
Financial crime is increasing For personal use only And with it, the burden on financial services businesses, as regulations and reporting requirements increase AML penalties doubled to3 US $4.5T US $36B $11.8B 80% 40.3M 96% 7% 80% laundered every increase in of IT budget spent increase in FinCrime
Slide 7: Why is compliance difficult?
Why is compliance difficult? For personal use only Incomplete, inaccurate or even missing information sits across multiple outdated technology systems, increasing the risk of fines for non-compliance, reputational damage and even jail time By 2025, 463 exabytes of data will be created each day globa
Slide 8: Why not just replace legacy technology?
Why not just replace legacy technology? For personal use only High cost and high risk Negative impact on customers CBA’s core system replacement was expected to cost $580M over Outages at Mizuho Bank in 2002 and 2012 were partly caused by four years. The final cost was $1.3B over five years12 the co
Slide 9: Identitii brings legacy technologies together
For personal use only Identitii brings legacy technologies together, automating manual processes and creating a single, global ecosystem for financial information.
Slide 10: Where is Overlay+ applied?
Where is Overlay+ applied? Cross-border payments For personal use only Reduce payment delays and improve financial crime compliance We are solving three of the Value Proposition biggest problems faced by Reduce financial crime financial services businesses Improve financial inclusion today: Reduce r
Slide 11: Overlay+ for AUSTRAC reporting
Overlay+ for AUSTRAC reporting Helping AUSTRAC reporting entities ensure complete compliance with For personal use only reporting requirements Financial crime is increasing AUSTRAC is asking its 14,835 reporting entities to prove their reporting is complete and accurate, to help reduce financial cri
Slide 12: Overlay+ for cross-border payments
Overlay+ for cross-border payments Helping customers know more about cross-border payments, to reduce For personal use only settlement delays and ensure financial crime compliance Cross-border payments need information Every cross-border payment needs a certain amount of information to ensure it is
Slide 13: Overlay+ for counterparty assurance
Overlay+ for counterparty assurance Improving financial inclusion across the globe, so everyone, anywhere For personal use only can access financial services Example: Africa Today Banks are withdrawing from entire markets High risk countries are being excluded from the global The high risk of financ
Slide 14: Management team
Management team For personal use only John Rayment Margarita Claringbold Ben Buckingham Pete Agnew CEO & Managing Director Chief Financial Officer Strategy & Indirect Sales Direct Sales Clare Rhodes James Andrew-Smith Gus Garcia Marketing & Communications Products & Projects Technology & Information
Slide 15: About Identitii
About Identitii Headquartered in Sydney For personal use only Creating a single, global ecosystem for financial information, • without replacing legacy technology • Founded in 2014 • Listed on the ASX in October 2018 (ASX:ID8) Identitii is helping to create a trusted and transparent global financial
Slide 16: Questions?
For personal use only Questions?
Slide 17: Disclaimer and important notice
Disclaimer and important notice. For personal use only This presentation has been prepared by Identitii Limited (ABN 83 603 107 044) (Identitii, Company) The information contained in this presentation is subject to change without notice and Identitii does not have based on information available to i
Slide 18: Footnotes
Footnotes For personal use only 1. AUSTRAC 2019 annual report 2. The U.N. Office on Drugs and Crime 3. The Australian 4. Lexis Nexis 5. Financial News 6. Business Insider 7. IBM 8. Anti-slavery Australia 9. World Economic Forum 10. The Asian Banker 11. Bank Systems and Technology 12. The Australian
Slide 19: Know Your Transaction
For personal use only Know Your Transaction Email: investors@Identitii.com Phone: +61 2 8806 0438 Web: www.Identitii.com