Presentation on theme: "My Platform Rules State Street and FNZ Presentation Gold Coast, 23rd February 2015 Chris Liddell, FNZ Sinclair Scholfield, State Street."— Presentation transcript:
1My Platform Rules State Street and FNZ Presentation Gold Coast, 23rd February Chris Liddell, FNZ Sinclair Scholfield, State Street
2Financial Strength Strong Global Enterprise Maintaining the inventory of client capital and dividends / interest owing productsUS$28.2 trillion globally of assets under custody and administration, of which US$6.7 trillion is with asset owners*US$1.1 trillion of assets under custody and administration in APAC, of which US$376 billion is with asset owners*Over US$200 billion of assets under custody in Australia*One of the world’s leading investment service providersFund accounting and administration, custody, investment operations outsourcing, recordkeeping, performance and analytics, and transfer agency servicesResearch and trading solutions that improve the efficient use of client capitalGlobal leader in investment research, trading and securities lendingProviding liquidity across 30 international markets, with approximately $3.24 trillion in lendable assets as of 30 Jun 2014$19.8 trillion in foreign exchange and interbank volume traded in 2013Delivering new insights into risk management and investment strategyIntegrated solutions across the lifecycle of your tradesAligning research and advisory, portfolio performance and risk analytics, electronic trading and clearing, information and data management with new innovationsMulti-asset class, flexible products and services tailored to your needsDeveloping investment strategies that make the best use of client capitalProven experience, with $2.45 trillion in assets under management* as of 31 Dec 2014Access to a wide range of investment strategies across the risk/return spectrumWith $387 billion** in ETF assets under management, we have one of the broadest ranges of ETFs in the industry* Source: State Street, as of 31 Dec 2014** This AUM includes the assets of the SPDR® Gold ETF (approximately $34 billion as of 30 Jun 2014), for which State Street Global Markets, LLC, an affiliate of State Street Global Advisors, serves as the distribution agent.
3FNZ Global Technology Delivery & Retail Asset Servicing Model UK Solution & Operations CentreEdinburgh248 StaffUK Client EngagementBristol, Edinburgh & London94 StaffEuropean Solution CentreBrno (Czech Republic)150 StaffANZ Client EngagementSydney, Melbourne & Wellington47 StaffNZ Solution & Operations CentreWellington247 StaffHK / Singapore Client Engagement23 StaffFNZ Global Technology Delivery & Retail Asset Servicing ModelA highly successful track‐record of supporting large institutional customers in different markets and transporting andimplementation technology and services across markets with the same underlying technology and service engine;
5FNZ has scale across the full spectrum of retail wealth participants 650,000, HNW, Mass Affluent & Small Saver Advised Clients6,500 Financial Advisory Firms including Networks, Wealth Advisors, Building Societies, and Boutique Fund Managers1m+ Sub-Accounts for Pensions, Individual Savings, and Investment Plans10’s of millions of Transaction messages covering trades, cash flows, transfers, and securities specific eventsCustomer Exposure in Custody to more than 6,000 different investment instruments including managed funds, model portfolios, Equities, ETFs, Govt Bonds, and Investment Trusts
6AgendaOutline of the current Australian marketplace and global platform trendsTechnologyWho should be interested?The power of combining world class capabilitiesHow does a new asset servicing firm operated platform offering assist the Australian wealth community?Questions
7Outline of the current Australian marketplace and global platform trends Desire of the wealth community to access more investment product efficientlyDiversification into more asset classesDiversification into more international assetsDesire for a flexible platform solution – pick your desired asset managers, banks, brokers etc.What we have seen from our mutual client bases overseas?
8TechnologyNew platform operators have entered the market as the desire for new capabilities and flexibility of product continues to growNew capabilities and alliances being formed - ongoing investment into technology and operating platformsIntegration of capabilities and new solutionsPure technology plays – operator buys the software and maintains systems, runs in-houseBPO modelsoperated by technology vendorsowned and operated by asset servicing entities
9Who should be interested? Wealth Managers – including local banks and global institutional wealth managersSMSF service providersWealth advisory firms / networksRetail brokers branching beyond equities and bonds, including into mFundsSuperannuation funds
10The power of combining world class capabilities New capabilities being brought to the market for: Wealth advisors, money managers, investors, retail brokers and investment banksGlobal trading & operating capabilities -> back office across global marketsMarket know-how across globe and processing capabilities in over 100 markets around the world for Australian investors.New operational capabilities end investors, wealth management community, institutional scale brought to retail providers, best of breed new global capabilitiesPlatform solutions provider that is agnostic about products, execution venues on the platform
11How does a new asset servicing firm operated platform offering assist the Australian wealth community?Single view of the book of truth backed by industrial strength qualityEfficient connection of retail and institutional book of recordOpening up choice for product and service providerEnhanced level of sophistication beyond traditional wrap offeringsScale based / low cost provide which assists in current and future environment of market compressionBring best of breed from global investment to the Australian wealth community.