1. My Platform Rules State Street and FNZ Presentation Gold Coast, 23rd February Chris Liddell, FNZ Sinclair Scholfield, State Street

2. Financial Strength Strong Global Enterprise
Maintaining the inventory of client capital and dividends / interest owing products
US$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 providers
Fund accounting and administration, custody, investment operations outsourcing, recordkeeping, performance and analytics, and transfer agency services
Research and trading solutions that improve the efficient use of client capital
Global leader in investment research, trading and securities lending
Providing 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 2013
Delivering new insights into risk management and investment strategy
Integrated solutions across the lifecycle of your trades
Aligning research and advisory, portfolio performance and risk analytics, electronic trading and clearing, information and data management with new innovations
Multi-asset class, flexible products and services tailored to your needs
Developing investment strategies that make the best use of client capital
Proven experience, with $2.45 trillion in assets under management* as of 31 Dec 2014
Access to a wide range of investment strategies across the risk/return spectrum
With $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.

3. FNZ Global Technology Delivery & Retail Asset Servicing Model
UK Solution & Operations Centre
Edinburgh
248 Staff
UK Client Engagement
Bristol, Edinburgh & London
94 Staff
European Solution Centre
Brno (Czech Republic)
150 Staff
ANZ Client Engagement
Sydney, Melbourne & Wellington
47 Staff
NZ Solution & Operations Centre
Wellington
247 Staff
HK / Singapore Client Engagement
23 Staff
FNZ Global Technology Delivery & Retail Asset Servicing Model
A highly successful track‐record of supporting large institutional customers in different markets and transporting and
implementation technology and services across markets with the same underlying technology and service engine;

4. FNZ - Platform-as-a-Service
Unique Target Operating Model/ Multi-Proposition
United
Kingdom

5. FNZ has scale across the full spectrum of retail wealth participants
650,000, HNW, Mass Affluent & Small Saver Advised Clients
6,500 Financial Advisory Firms including Networks, Wealth Advisors, Building Societies, and Boutique Fund Managers
1m+ Sub-Accounts for Pensions, Individual Savings, and Investment Plans
10’s of millions of Transaction messages covering trades, cash flows, transfers, and securities specific events
Customer Exposure in Custody to more than 6,000 different investment instruments including managed funds, model portfolios, Equities, ETFs, Govt Bonds, and Investment Trusts

6. Agenda
Outline of the current Australian marketplace and global platform trends
Technology
Who should be interested?
The power of combining world class capabilities
How does a new asset servicing firm operated platform offering assist the Australian wealth community?
Questions

7. Outline of the current Australian marketplace and global platform trends
Desire of the wealth community to access more investment product efficiently
Diversification into more asset classes
Diversification into more international assets
Desire for a flexible platform solution – pick your desired asset managers, banks, brokers etc.
What we have seen from our mutual client bases overseas?

8. Technology
New platform operators have entered the market as the desire for new capabilities and flexibility of product continues to grow
New capabilities and alliances being formed - ongoing investment into technology and operating platforms
Integration of capabilities and new solutions
Pure technology plays – operator buys the software and maintains systems, runs in-house
BPO models
operated by technology vendors
owned and operated by asset servicing entities

9. Who should be interested?
Wealth Managers – including local banks and global institutional wealth managers
SMSF service providers
Wealth advisory firms / networks
Retail brokers branching beyond equities and bonds, including into mFunds
Superannuation funds

10. The power of combining world class capabilities
New capabilities being brought to the market for: Wealth advisors, money managers, investors, retail brokers and investment banks
Global trading & operating capabilities -> back office across global markets
Market 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 capabilities
Platform solutions provider that is agnostic about products, execution venues on the platform

11. How 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 quality
Efficient connection of retail and institutional book of record
Opening up choice for product and service provider
Enhanced level of sophistication beyond traditional wrap offerings
Scale based / low cost provide which assists in current and future environment of market compression
Bring best of breed from global investment to the Australian wealth community.

12. Questions