+ All Categories
Home > Investor Relations > Goldman sachs us fincl services conf panel discussion dec 2015

Goldman sachs us fincl services conf panel discussion dec 2015

Date post: 14-Apr-2017
Category:
Upload: investormarkit
View: 287 times
Download: 1 times
Share this document with a friend
13
Solutions overview Goldman Sachs US Financial Services Conference \ Dec 8 th 2015 The Science of Finance Michele Trogni Global co-head of Solutions, Managed Services
Transcript
Page 1: Goldman sachs us fincl services conf panel discussion dec 2015

Solutions overviewGoldman Sachs US Financial Services Conference \ Dec 8th 2015

The Science of Finance

Michele TrogniGlobal co-head of Solutions, Managed Services

Page 2: Goldman sachs us fincl services conf panel discussion dec 2015

\ 2

Our divisions

Our operating divisions

Critical financial market information sourced, created, enriched and delivered

Trade processing for OTC derivatives, FX and syndicated loans

Advanced enterprise solutions tied to Markit technology and software

Information Processing Solutions

46%of revenue*

22%of revenue*

32%of revenue*

Pricing & reference data

Indices

Valuation and trading services

Trade processing

Multi asset class trade confirmation and settlement platform

Enterprise software

Managed services

*Revenue breakdown across divisions based on Q3 2015 results

Page 3: Goldman sachs us fincl services conf panel discussion dec 2015

\ 3

Critical trends

Pressure on traditional investment models

Market dislocation has forced cost structure modification and regulatory compliance into the limelight

Inconsistent value from offshoring / outsourcing

Historically, ambitions have been limited to lowest common denominator activities on the

basis of cost arbitrage …

Industrialization

Clarity between brand-relevant, differentiating activities v. those that can be standardisedacross asset classes has driven radical new operating models across the full value-chain

Emergence of utilities

Bringing the theory to life, new commercial offerings have emerged, combining people, processes and technology to provide service across business lines and different market players

Page 4: Goldman sachs us fincl services conf panel discussion dec 2015

\ 4

What is Managed Services?

The value proposition

Managed Services customers buy end-to-end business outcomes, taking advantage of our

standards-driven shared technology solutions and deep business-domain expertise. They are

looking for:

Op. RiskReduction

RegulatoryCompliance

CostReduction

Regulatory compliance

Leverage standardisedsolutions that keep pace with complex and evolving regulations

Cost reduction

Lower total cost of ownership.Shift to a more variable expense model that mutualises cost across the industry

Operational risk reduction

Reduce risk through transparency, higher levels of automation and improved accuracy

Technology expertise & shared platform

Rapidly and efficiently access powerful technologies and deep subject–matter expertise, for example in presenting financial information

Tech. Expertise& Shared Platform

Page 5: Goldman sachs us fincl services conf panel discussion dec 2015

\ 5

We have the foundation to deliver a comprehensive set of solutions to the industry

How is Markit positioned to deliver value?

Partnership depthsDistribution strengths Data capabilities

80+ banks, 900+ buysidecustomers and 6,000+ corporates in existing Markit community

3,500+ institutional customers

4,000+ employees across 10 countries

Indices, pricing and reference data across asset classes

Leading data management solution

Enterprise Software

Managed Services

Technology assets

Design partners across buyside and sellside

Managed Services (including Genpact, Thunderhead, ISDA)

Page 6: Goldman sachs us fincl services conf panel discussion dec 2015

\ 6

Technology, information and expertise delivering operational excellence

Managed Services products

DIGITAL PLATFORMS REGULATORY COMPLIANCE ASSET SERVICING

Markit On Demand

Design-driven delivery of financial data

across reports, web and mobile

Design

Customised user experiences that

simplify complex data sets and workflows

Data

Over 400 leading content sources already

integrated facilitates faster time-to-market

and rapid addition of new content

Technology

Robust platform for build and hosting –

supports more than 100 sites and 15

mobile apps. Designed specifically for

the unique patterns of financial data, with

industry-leading up-time and 24x7

support

Adhesion

Rules-based ad-hosting platform

delivering smart, personalised and

consistent messaging

Counterparty Manager

The document exchange ecosystem

enabling buyside and sellside to securely

manage and distribute

data and documentation

kyc.com

A standardised service to centrally

validate and share client onboarding and

KYC requirements

Markit | CTI Tax Solutions

Comprehensive tax and FATCA

compliance support via software,

services and consulting

Know Your Third Party (KY3P)

A shared warehouse providing

customers with standardised, centrally

validated, third-party information and

operational services

WSO Services

Fully outsourced services for middle

and back office operations

Notice Manager

Online service to manage agent

notices related to bank loan holdings

Corporate Actions

Central, validated source of corporate

action data for global equities, fixed

income and structured securities

Page 7: Goldman sachs us fincl services conf panel discussion dec 2015

\ 7

Enterprise Software products

Configurable enterprise software platforms for asset servicing, regulatory

compliance and risk managementRISK MANAGEMENTREGULATORY COMPLIANCEASSET SERVICING

thinkFolio

Integrated front office portfolio

modeling and order management

system with coverage across asset

classes

Analytics

Enterprise risk management software

to help address regulatory

requirements

Enterprise Data Management

A central hub to manage reference

data in a consistent, fully-audited

environment to increase income,

decrease expenses, reduce risks and

speed up delivery:

— Measure and control data quality

and cost

— Meet current and future regulatory

requirements

— Manage data vendor/outsource

provider service level agreements

— Efficiently and flexibly support

change through front, middle and

back office

— Provide complete data lineage

and transparency to empower

business users

— Reduce costs by replacing legacy

infrastructure

WSO Software

Single platform for reporting, CLO

compliance, integration, performance

analysis and agent syndication across

trading lifecycle

WSO Credit Manager

Supports credit creation and data

gathering, investment recommendation

preparation, credit approval workflows,

idea generation tools, front office

communication workflows and

summary dashboards

Information Mosaic

Software that automates post trade

securities processing across the

enterprise, with a particular focus on

corporate actions

Page 8: Goldman sachs us fincl services conf panel discussion dec 2015

\ 8

How we addressed the client onboarding challenge

Existing Assets

+ Design Partners

+ New Capabilities

+ Alliances

Leveraging proven strength and

end-user base of Markit

Counterparty Manager

Standardised KYC product

across industry

Adding niche acquisitions and

capabilities to create deep

functional capabilities

Collaborate with external

partners who bring

complementary strengths

— 8,300+ buyside and corporate subscribers

— 70k+ unique entities represented

— 300k documents held on platform

— 80+ banks accessing documents

— Markit Tax Solutions

— Document Digitisation

— Regulatory Hub

— 10 G14 Banks onboarding KYC.com

— 11 further banks

— 1,400+ AMs/Corporates

— Genpact – JV with leading provider of KYC

remediation and client outreach services

— ISDA – exclusive provider of amend tool for

swap dealers

— Thunderhead – partnership w/ document

digitisation tools to generate, edit and digitise

capital markets documentation.

= Simplified data consumption, getting our clients ready to transact (eligible and configured)

Page 9: Goldman sachs us fincl services conf panel discussion dec 2015

Appendix

Page 10: Goldman sachs us fincl services conf panel discussion dec 2015

\ 10

Ecosystem and roadmap

5. Sell-side use cases4. Buy-side use cases3. Markit KYC/Reg/Compliance/Tax Operating Model2. Drivers

Broker/Dealers Broker/Dealers

6. Business Outcomes

1. Compliance and Standardisation of policy, processes and platforms

2. Reuse of golden records of data/docs

3. Integration of related functionsreducing client touchpoints

4. Value creationreleasing staff from outreach to focus on due diligence

5. Digitisation and Q@S by capturing data right and upfront

ccc

Markit Tax

Utility

Markit Reg Hub

Markit KY3P

Service

M|G KYC .com

Markit Doc

Digitization

KYC

Tax

Regulatory

Contracts and Credit

Ready2 Transact

Co

nsis

ten

t C

lien

t O

utr

each

An

aly

tic

s

Clie

nt G

UI &

Wo

rkflo

w

Cli

en

t G

UI

& W

ork

flo

w

Client Outreach

Client Outreach

Investors Fund/ Corporate BanksAgent Banks/ Custodians

1.Transaction Cycle

Asset Managers

FATCAClass-

ificationCRS

Channel

selection

Preference

capture

Cost to

serve

Comm-

issionsDMA

Dodd

Frank

Margin

Rules

Amend-

ments

Mifid II EMIR Asia Regs

Negotiate

Agreement

Digitized

Contracts

E-

signature

Amend-

ments

AUM/NAV

Reporting

Authorised

Signatories

SSIsChannel

Mngt

Allocation

Prefs

Confirm

PrefsDMA

Fund

Launches

Comm-

issions

Document

Provision

Fund

Launch

Broker

setup

Client

Outreach

Document

Sourcing

Golden

Record

Entity Class-

ification

Screening Sanctions

FATCAClass-

ificationCRS

Document

Provision

Fund

Launch

Amend-

ments

Document

Provision

Document

Sourcing

Ecosystem &Partnerships

Document

Provision

Fund

Launch

Broker

setup

Digitized

Contracts

E-

signature

Broker

setup

Tax With-

holding

Markit EDM

Central

Tax Utility

Req for

Amend

ment

Co

nso

lid

ate

d w

ork

flo

w / S

ing

le c

lien

t vie

w

= Conceptual= Live = In-progress

Tax With-

holdingCentral

Tax Utility

cccMarkit Data/ Docs

Storage

Markit R2Tx

Service

Markit EDM

Distribution

Aggreg-ation

EDM

Page 11: Goldman sachs us fincl services conf panel discussion dec 2015

\ 11

KY3P* service offering*patent pending

Page 12: Goldman sachs us fincl services conf panel discussion dec 2015

The information contained in this presentation is confidential. Any unauthorised use, disclosure, reproduction or dissemination, in full or in part, in

any media or by any means, without the prior written permission of Markit Group Holdings Limited or any of its affiliates ("Markit") is strictly

prohibited.

Opinions, statements, estimates and projections in this presentation (including other media) are solely those of the individual author(s) at the time

of writing and do not necessarily reflect the opinions of Markit. Neither Markit nor the author(s) has any obligation to update this presentation in the

event that any content, opinion, statement, estimate or projection (collectively, "information") changes or subsequently becomes inaccurate.

Markit makes no warranty, expressed or implied, as to the accuracy, completeness or timeliness of any information in this presentation, and shall

not in any way be liable to any recipient for any inaccuracies or omissions. Without limiting the foregoing, Markit shall have no liability whatsoever

to any recipient, whether in contract, in tort (including negligence), under warranty, under statute or otherwise, in respect of any loss or damage

suffered by any recipient as a result of or in connection with any information provided, or any course of action determined, by it or any third party,

whether or not based on any information provided.

The inclusion of a link to an external website by Markit should not be understood to be an endorsement of that website or the site's owners (or their

products/services). Markit is not responsible for either the content or output of external websites.

Copyright ©2015, Markit Group Limited. All rights reserved and all intellectual property rights are retained by Markit.

Disclaimer

Page 13: Goldman sachs us fincl services conf panel discussion dec 2015

mines data

pools intelligence

surfaces information

enables transparency

builds platforms

provides access

scales volume

extends networks

& transforms business.


Recommended