Temenos Ag · SIX:TEMN
Temenos — Temenos Community Forum 2011
17 slides from Temenos's conference presentation, May 23, 2011
Slide 1: Private Wealth Management
Private Wealth Management Jean-Michel Hilsenkopf – PWM Division Director Mark Winterburn – Product Director Lynne Landau – Product Manager 23rd May 2011 1
Slide 2: Agenda
Agenda 1 Odyssey Scorecard 2 Private Wealth Market 3 Industry Trends 4 Private Wealth Offerings 5 Temenos Positioning 8 2
Slide 3: Odyssey scorecard
Odyssey scorecard 6 Months following acquisition: PWM continues to be the fastest growing market Our revenues are growing ahead of acquisition plan We are gaining momentum PWM is a driver of US market penetration PWM offers another route to opening Tier 1 banks 3
Slide 4: PWM market and growth rates
PWM market and growth rates → Total current PWM spending is USD 1.4bn, growing at 4% p.a. → Current market for packaged PWM products is USD 210m, growing at a CAGR of 12% through 2014 → Current penetration rate is 15% - increasing by 1-2 ppts per year → Odyssey acquisition increases the addressable
Slide 5: Technology Spending by Business Function
Technology Spending by Business Function Now we can address the full spectrum of front-to-back PWM solutions 5
Slide 6: World Wealth by Region by Segment
World Wealth by Region by Segment The charts below show the breakdown of On average the total wealth across the regions went households per market. down but recovered somewhat in 2009. North America The market has suffered recently Showing signs of recovery Large mass affluent segment Eu
Slide 7: Temenos PWM
Temenos PWM 500+ employees dedicated to PWM 150 clients in 125 countries 2010 pro-forma revenue USD 130m 7
Slide 8: Industry trends
Industry trends Increased Regulation Customers are Multi-channel more capabilities demanding Business Changing model change customer necessary requirements 8
Slide 9: Temenos Suite of Products for Private Wealth
Temenos Suite of Products for Private Wealth • Fully integrated front to back office Private T24 for Private Wealth Wealth System • Best of breed standalone front and middle office Triple’A PlusTM Portfolio Management System • Comprehensive Wealth Front-End for Advisors WealthManagerTM and RMs ProDB
Slide 10: What did Odyssey add to Temenos?
What did Odyssey add to Temenos? Product • Stand Alone Front office offerings • Best of Breed Portfolio Management System • World Class Advisor workbench Markets • US Private Wealth Market • US IRA • Mass Affluent offering People • Private Wealth Credibility • Front office Expertise • US market expe
Slide 11: New segments covered
New segments covered Retail Mass affluent HNWI/UHNWI - Asset Management Private Banking 11
Slide 12: The PWM solution
The PWM solution Our solution is compelling… A division focused solely on Private Wealth Covering all aspects of AML and KYC Private Wealth from a single vendor Solutions stand- Enterprise Data TEMENOS alone or Management integrated Wealth offerings Business World class Intelligence via front office
Slide 13: Temenos Private Wealth Strategy
TEMENOS Private Wealth Strategy TEMENOS; - sees a different market for each of the 3 products. - will continue to invest in, market and support all three products. - will demonstrate a comprehensive roadmap for all three products. 13
Slide 14: The PWM solution: comprehensive roadmap
The PWM solution …and supported by an comprehensive roadmap Short Term Medium Long Term 2011 Term 2012 2013+ • T24 interface to • Tighter integration • Triple’A, WM and T24 Triple’A for advanced of Wealth products converge onto ‘Best-of- Portfolio Breed’ component Management • Integrated Front archi
Slide 15: What's new in 2011?
What’s new in 2011? Triple’A →Proposal Generator managing the lifecycle of investment proposals →Intermediate Benchmark Performance Attribution and Portfolio Risk Analytics →Design Studio, a configuration tool to build workflows, screens and rules Wealth Manager →Performance reporting improvements,
Slide 16: Months after announcing the Odyssey acquisition
TEMENOS PWM division 6 months after announcing the acquisition of Odyssey we find: → Market climate is good → Revenues are ahead of acquisition plan → We are gaining momentum → We are the undisputed leader in the PWM software market Our combined solution enjoys notable early successes: →2 new client
Slide 17: Q&A
Q&A TEMENOS v7 The Banking Software Company