Fundtech

Fundtech Presentation

Transcript

1. Fundtech Leading Provider of Electronic Payment Client / Server Software to Financial Institutions Worldwide
2. Electronic Payment Cycle Bank / Institution Recipient Bank / Institution S.W.I.F.T FedWire Mission-Critical Sender 50+ Steps 1-3 Days Scattered Float
3. High Cost Difficult to Scale The Current Situation Paper-Based, Inefficient Processes Automated Mainframe-Based Operations Manual Operations
4. Target Markets Large Financial Institutions / Companies International Banks U.S. Banks
5. Large Worldwide Electronic Payments Market Source: Tower Group, 1997 Cash and Treasury Management $0.3 Billion Funds Transfer $1.0 Billion $1.3 Billion Addressable Market for Wholesale Solutions
6. Treasury Management Fundtech’s Suite Payment Services Client / Server Software and Services Funds Transfer and Cash Management
7. Funds Transfer and Cash Management Software  U.S. FedWire Payments  Fax Payments  Optical Storage / Retrieval FEDplu$ ‘01  International Multicurrency Payments PAY$tar ‘02  Non-U.S. Electronic Payments PAYplus RTGS ‘03 ‘04  Internet-Based Cash Management Cash$tar
8. Deployment Topology LAN / WAN Payment Server S.W.I.F.T. Web / Proxy Server Branches Host Computer FedWire Customers
9. TM$ at Merrill Lynch 2000 Users Sydney London Tokyo New York Merrill Lynch TM$ Bank of America Chase Bank of New York Midland Bank Bank of Tokyo
10. Core Software Technology FEDplu$ PAY$tar Cash$tar Other Applications Object-Oriented Applications Microsoft BackOffice   Windows NT   SQL Server   SNA Server Fundtech SWITCH+ Scaleable Transaction Controller
11. Leading Strategic Partnerships   ISV and Solution Provider   Only Payment Partner   Only Software Provider Alliances “The Fact That They Are Amongst the Most Technologically Advanced On the Market Today Made Them a Clear Choice.” Doug Jeffrey, Regional Director S.W.I.F.T. Pan-Americas   Expert Partner for Software Development
12. Leading Strategic Partnerships Fundtech Brand Distribution Private Label
13. Premier Users U.S. Banks   Bank of the West   Bankers Trust   California Commerce Bank   California Federal Bank   Chase Manhattan Bank   Citizens Bank   City National Bank   Colonial BancGroup   1st Business Bank   Foothill Independent Bank   Glendale Federal S&L   GreenPoint Bank   Home Savings of America U.S. Banks (Cont.)  Imperial Bank  JP Morgan Private Banking  MBNA America Bank  National Bank of Alaska  Southwest Corporate Federal Credit Union  Washington Mutual  Wilmington Trust Non-U.S. Banks  Colonial State Bank  Israel Discount Bank  Swedbank (U.K.) Agency Banks  Banco Atlantico  Banco De Credito Del Peru  Dai-Ichi Kangyo Bank  Fuji Bank and Trust Company  Sumitomo Bank  Swedbank (New York) Large Business Enterprises  Fidelity Investments  Merrill Lynch  Visa International
14. Fundtech Competitive Position Value / Affordability Scaleability / Flexibility TSAI Intranet Logica Client / Server Mainframe
15. Revenue Mix Today Non-U.S. U.S. Target Non-U.S. U.S. By Geography
16. Quarterly Revenue $ Millions $0.9 $2.3 $3.1 $1.7 Mar Sept Dec June 2004
17. Gross Profit Software Development Sales and Marketing General and Administrative Operating Income Financial Income Pre-Tax Net Income Tax Rate Operating Model Fiscal 2004 74 31 21 16 6 2 8 0 % % % Target 80 20 24 9 27 3 30 10 % % % % Revenue
18. Imperial Bank Challenges   Regulatory Compliance   Legacy Mainframe Conversion Solution   FEDplu$ Results   Increase in Daily Transfer Volume   Improved Accuracy and Efficiency “Even the Fed Spoke Highly of Them.” Kirk McNamara VP, Mgr. Corp. Operations Support Imperial Bank