CLIO : An Investment Management Software Solution

1. CLIO: An Investment Management Software Solution • Need • Investment management industry spends billions of dollars annually on research and data analysis • US and UK buy-side firms alone projected to spend ~ $6 billion in 2008 on external research • No efficient way to consolidate, organize, and share information across the firm • E.g. investment ideas, proprietary research, contacts, models, notes, news, email, meetings, consensus ratings • Current approach results in duplicated effort, lost information, and reduced productivity • Opportunity • Hedge and mutual funds total more than 10,000 in the US alone • Other markets: law firms, sell-side investment research, venture capital, and private equity firms OPIM 651: Kevin Harper, Sam Mercer, Amit Singhal, Rick Skidmore

2. CLIO: An Investment Management Software Solution • Solution • Integrate proprietary and external research into a single pane and repository • Increase information sharing, reduce duplication, increase accountability, measure productivity • Organize ideas, proprietary research, contacts, models, notes, news, email, meetings, consensus ratings by ticker • Accelerate the investment decision process • Index and quickly search across all file formats and email • Info at fingertips - think Google desktop or Copernic • Open scalable web platform • Prototype • $500,000 already invested in working prototype • Actively used by Endowment Capital for past 3 years • Competitive assessment and Technology Roadmap developed • Significant interest shown by clients and peer firms OPIM 651: Kevin Harper, Sam Mercer, Amit Singhal, Rick Skidmore