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Financial Fusion, Inc. Company Update. Michon Schenck President & COO Financial Fusion Michon@financialfusion.com. About Financial Fusion.
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Financial Fusion, Inc.Company Update • Michon Schenck • President & COO • Financial Fusion • Michon@financialfusion.com
About Financial Fusion Financial Fusion provides the financial services industry’s highest performing, most flexible, and open infrastructure and solutions to enable institutions to transact and interact with their customers and partners.
Financial Fusion Strategy Supporting Best in Class Applications Cross Border Trading Bill Presentment Wealth Management Capital Markets Retail Banking Business Banking Wireless GSTP Application Application Application Application Application Application Application Application Provide Superior Customer Value Proposition Competitively DifferentiatedFinancial Fusion Server™
Headquarters: Boston, MA Employees: 230 Customers: 188 Major offices: North America: New York , NY Salt Lake City , UT San Jose, CA Waterloo, Canada International: London Through Sybase, over 60 offices on four continents for “on the ground” service & support The Company
The World of e-Finance Is Expanding in Scope and Complexity Services demands Delivery channels Protocols Transaction volumes The Market Is Demanding More Control and Integration Than Ever before Online Customers Want All Financial Relationships Consolidated at a Single Destination Securities Firms Want Highly Efficient, Robust STP Solutions IT Departments Need Increased Flexibility and Manageability The Problem
Financial Fusion Server Is the Foundation Technology Java-based Multi-tiered Built to open standards Enterprise performance Scalable, flexible and reliable The Only Solution That can Fuse/support: Retail delivery and capital markets Unix and NT Multiple databases and application servers The Solution – Fusion Powered e-Finance
Modules/Suites Consumer e-Finance Business e-Finance Wireless OFX connectivity Account aggregation EBPP Hallmarks Design/usability Performance Integration Market-Leading Products Retail e-Finance
Modules/Suites Electronic trade connectivity suite GlobalFIX SWIFT GSTP Omgeo Hallmarks Performance Flexibility Robustness Market-Leading Products Capital Markets/STP
Financial Fusion Management Console SWIFT Network Financial Fusion Server GlobalSWIFT Alliance Adapter Optional EMQ GlobalSWIFT Libraries for Financial Fusion Server Financial Fusion GlobalSWIFT Libraries Master Alerts Content EJB API or or IBM MQ, MS MQ Optional: IBM MQ Series Integrator Sybase Ebiz Integrator GlobalSWIFT Libraries for MQSI or SY EBI Other SWIFT Adapter(s) Configure/Deploy/Administer Global SWIFT - Enterprise Edition Customers can use Financial Fusion Server by itself, or in conjunction with EAI infrastructures from IBM and Sybase. Financial Fusion Server is part of all solutions
Delivered $12.7M revenues 1st half of 2001 Leading Industry Analyst Accolades Announced first Edify replacement Bank: 1st Citizens Delivered 7 product releases including 2 new products Launched 11 banks including Amex, ABN, Marquette, Washington Mutual, and Wells Fargo Achieved #1 performance rating in independent benchmarks for both retail and capital markets products Selected for IBM Websphere advisory council (1 of 17) Ranked in Software Magazine’s Top 500 Recent Successes
Platform Capacity to Support # of Users 8.5 10 8 6 4 3.5 users) (millions of 4 2 0 SONE CORI Financial Fusion FF Server Performance Results Retail e-Banking FIX Processing/STP Twice as fast at ½ the cost Up to 1500 MPS/32x the competition
Quarterly Revenue Growth $9.5 $10.0 1999 $8.5 2000 $9.0 2001 $8.0 $6.7 $6.3 $6.4 $7.0 $6.1 $6.0 $4.6 (Dollars in Millions) $5.0 $4.0 $3.0 $1.8 $2.0 $0.8 $0.5 $1.0 $- Q1 Q2 Q3 Q4 Quarterly Revenue Growth
Financial Fusion’s Global Customers 2001 Partial List U.K. Germany United States Japan China Bermuda Taiwan Venezuela Dominican Republic Singapore Australia New Zealand
ABN Amro NA Deployed Consumer e-Finance Suite and UniversalOFX A complete end-to-end for three affiliates, LaSalle, EAB, Standard Federal Selected to “improve ABN Amro’s customer experience” Technology allows ABN to “expand offerings over time and fulfill vision of a customer focused ‘electronic branch’” Dresdner Kleinwort Wasserstein Deployed Financial Fusion Server with GlobalFIX Full order management functions for the investment banking division of Dresdner Bank Group Selected to “reduce the cost of doing business” & for “global reach and the technology’s performance” Technology is ‘totally in line with DKW’s internal business strategy” and will be used “as a weapon to achieve market leadership” Customer Highlights
“Financial Fusion will help us combine the quality service our customers expect with easy access to services and products via the Internet.” - Jeff Ward, First Citizens What Customers Say about Us “Financial Fusion was the only one that could offer us the flexibility, reliability and performance tailored to DrKW’s exact needs.” - Matt Camichel, DrKW “We are delighted to work with Financial Fusion to improve our customer experience.” - Sam Halim, ABN Amro “We have already certified HiInvest within the FIX community using Financial Fusion and look forward to capitalizing further on the power of the full Financial Fusion offering.” - Steve Edkins , DST International
Accolades • #1 Internet Banking Vendor for Large Financial Institutions • Financial Fusion: Application and Middleware Play of an e-Financial Services Vendor Most Useable Banking Application
Statements in this presentation concerning future prospects, business outlook, operating results, and product availability are forward looking statements that involve a number of uncertainties and risks. Factors that could cause actual events or results to differ materially include: sales productivity; possible disruptive effects of organizational changes; shifts in customer demand; perceptions of the Company and its prospects; technological changes; competitive factors; unanticipated delays in scheduled product availability dates; general business conditions; and other factors described in the Company's most recent Annual Report on Form 10-K. Sybase, Inc. F O R W A R D L O O K I N G S T A T E M E N T S “Sybase PowerDesigner, Adaptive Server, PowerBuilder, Replication Server, Direct Connect, Enterprise Connect, DataWindow, PowerJ, and Everything Works Better When Everything Works Together are trademarks or registered trademarks of Sybase, Inc. Financial Fusion is a registered trademark of Financial Fusion, Inc. Java and all Java-based marks are trademarks or registered trademarks of Sun Microsystems, Inc. in the U.S. and other countries. Other trademarks, product names or company names may be trademarks of the respective companies with which they are associated."