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© DTCC 2
Drivers Outlined in DTCC’s April 2012 Omgeo Strategic Importance Board Memo
Omgeo assets are a critical enabler to DTCC leading the industry to T+2 settlement in next five years
Brings a global brand, operations and client base to support DTCC’s global business activities and location strategy
There is opportunity to cross-sell products and services and more effectively and comprehensively address this segment’s needs
Broadens DTCC’s data assets and enables CReD, integrating Avox and Omgeo’s SSI Utility
Enables central matching at Omgeo to be integrated with “match-to-settle” in DTC
Shorter Settlement Cycle
Increase Settlement Finality
DTCC Client Reference Data
Buy Side Expansion
Global Footprint
Recap of Industry Drivers for Transaction
© DTCC 3
KEY PRODUCTS Omgeo ALERT (SSI data) SSIU Omgeo CTM (trade matching) TPU Omgeo ProtoColl (collateral) MTU
Create new services from combined DTCC/Omgeo assets
Extend existing DTCC solutions to the buy side and new geographic markets
Extend DTCC’s commercial capabilities Realize cost synergies and leverage
Philippines Shared Services Centre
Better position DTCC to grow both its
competitive and utility businesses
Accelerating DTCC Growth
GLOBAL REACH 16 offices in US, Europe and Asia Shared Services Centre (Philippines) CLIENT COMMUNITY 3,500 buy-side clients in 52 countries Global Sales & RM capability End-to-end client service model
CReD SSI Utility GTR MT/CMU Avox Omgeo Data Accelerating DTCC
Strategic Initiatives
Omgeo Assets
Accelerating DTCC Strategic Goals
© DTCC
Combined Space & Positioning
Medium Term State
SSI Utility
OASYS,
TS ID
EQ Clearing FI Clearing
Non-US CCPs, Depos
US
Depository
Clarient
Mutual Funds, AIP
Insurance & Ret. Svcs
ProtoColl
MT, CMU
GTR
Data*
Avox
Aspirational End State
Mutual Funds, AIP
Clarient | Onboarding API
(linked by AVID)
TPU
EQ Clearing FI Clearing
US
Depository
Insurance & Ret. Svcs
MT, CMU, ProtoColl
GTR
Data*
Non-US CCPs, Depos
Omgeo ALERT is the basis of the SSI Utility which is critical to Clarient’s end-state alongside client onboarding functionality and entity data
Omgeo CTM is a key component of DTCC’s ultimate vision for the TPU which enables the “fire and forget” goal for institutional trade processing
Potential opportunities exist to leverage ProtoColl while Omgeo’s global salesforce will help to drive the global take-up of MT, CMU and GTR
Omgeo data assets offer a revenue opportunity
Strategic Initiatives in Development Existing DTCC solutions Omgeo solutions Launched initiatives
Data & Reporting
Core Clearing &
Settlement
Asset Servicing
& Investment
Product Services
Client Onboarding
Institutional
Trade Matching
Po
st-
Tra
de
SSI & Enrichment
Omgeo will sit at the core of DTCC’s commitment to develop market leading, industry-owned and governed solutions. In addition, Omgeo’s global
client community, strong buy-side presence and commercial approach to business, including an integrated end-to-end client experience, will better
position DTCC to establish and grow both competitive and utility business lines.
Clarient (KYC)
Avox
SSI Utility
CTM CTM
© DTCC 5
90% Client Satisfaction and 93% Likely to Recommend 37% to 46% increase in ‘Highly Satisfied’ (2011-13) 69% ‘highly satisfied’ with Main Point of Contact
Omgeo’s client service model seeks to provide excellent service across all steps of the client journey which has helped to significantly increase client
satisfaction and advocacy scores 1 Results from Omgeo’s 2013 Client Value Study administered by PwC
Client Focus
© DTCC
Strategy
6 DTCC Confidential
Create a centralized function providing a consistent Client Experience focused on Client Satisfaction, Revenue Growth and Business Line Success across all business lines and geographies.
Client Satisfaction
– Provide Clients with a consistent best in class experience across all interactions
– Continue to identify opportunities and develop solutions to improve client satisfaction across the client experience
Revenue Growth
– Support growth initiatives within Core Business Lines (Omgeo CTM ETDs, Protocoll etc.)
– Leverage central model to support new business lines and initiatives (Clarient, GTR)
Business Line Success
– Developing and monitoring client outreach plans for all SIFMU initiatives ensuring success
– Align resources to support “like” business lines allowing for more efficient support model (Core, Data, Deriv)
– Continuous review of people and process to ensure the most effective and efficient model is in place
© DTCC
Product Alignment
7 DTCC Confidential
Global Integration team not included in this slide as they currently support one business line (Omgeo core)
Equities Clearing Fixed Income Clearing Settlement & Asset Services CTM Oasys Tradesuite
Alert SSI Utility Clarient Avox Data Content Products (ETF etc)
Protocoll GTR Margin Transit
Core Data Derivatives
Based on product synergies and skills required to support each, we grouped the multiple DTCC business lines into three “pillars” of services
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