NJTC Workshop on Financial Services Technology and Application Development Presentation

About Us

72 Summit Ave

Montvale, New Jersey

Phone : (201) 802 9800

http://www.datainc.biz

Financial Services Technology Workshop

Over 25 years experience delivering:

About DATA Inc.

Global Delivery Model Cost

Scalability Expertise

Customer Service

- Staff Augmentation - Software Solutions - Products

Proven Global Delivery Model

• Staff Augmentation– Providing contingent resources (technology) in :

• USA • UK• Switzerland• India

• Software Solutions – Project work delivered locally or globally (hybrid) in:

• USA• UK• India

Globally Distributed

Working together across the globe to deliver theright mix of resources, control and effectiveness.

Recognition

• Featured in leading industry publications

• Speakers at top industry events

• Awarded the highest partner and industry honors

Some Achievements

• Presented with the Merrill Lynch Global Sourcing and Procurement Services 2005 Preferred IT “T&M Vendor of the Year” Award– Preferred Vendor since 1989

• One of the two vendors selected, after vendor consolidation, to provide T&M services Globally to Union Bank of Switzerland (2009)– Preferred Vendor since 1990

• One of the two vendors selected, after vendor consolidation, to provide T&M services Globally to The Depository Trust and Clearing Corporation (2009)– Preferred Vendor since 1984

• Declared as a top-ranked vendor at Goldman Sachs (2007 – 2008)– Preferred Vendor since 1996

• Declared as a top-ranked vendor at United Parcel Service (2006 - 2008)– Preferred Vendor since 1995

Some of our clientsPartial List of our clients

Partial list of UK and India Clients

• Merrill Lynch • Goldman Sachs • UBS • Standard Bank• Accenture • IBM • Indian Army• Indian Navy• Perot • Sapient • Logica• Tech-Mahindra

Case Studies

72 Summit Ave

Montvale, New Jersey

Phone : (201) 802 9800

http://www.datainc.biz

Client Briefing Tool

Financial Advisors (FAs) made regular PowerPoint presentations to high net worth clients, detailing the

performance of their managed portfolios.

The Case

Client Briefing Tool

• Cumbersome Data Gathering – Not easily accessible by FAs– Disparate data sources and systems

• Excessive Preparation Time– Average time was 24 hrs to create

• Inconsistent Look and Feel – Influenced by individual style of the FA– Posed compliance risks and branding issues

Challenges

• Quality Assurance Issues– Inconsistencies introduced by the manual process

• Lack of Efficiency– Additional effort required to correct inconsistencies – Lack of re-usability of templates and presentations

Challenges (cont.)

Client Briefing Tool

The solution consisted of a single point interface to gather client portfolio data from

multiple data sources to generate a consolidated PowerPoint presentation with

embedded graphs.

Client Briefing Tool - Solution

Client Briefing Tool - Solution

Client Briefing Tool

• Shielded FAs from the need to access multiple applications on diverse platforms to collect information.

• Consistent look-and-feel for all presentations.

• Central repository for all presentations.

• Addressed security issues of FAs accessing confidential information of restricted clients.

• Reduced turn around time to generate a presentation from 24 hours to between 3 and 5 minutes.

Benefits

• Overall process to execute trades was not as reactive as required

• Inaccurate presentation of information from the legacy trading platform

• Disadvantage against other credit derivatives houses

Challenges

Credit Derivatives

Credit Derivatives

• Worked with key personnel to develop a multi-client, post-trade electronic affirmation platform for credit derivatives trading• From scope out to delivery

• Enabled dealers to allege new trades against their customers• In turn, customers were able to verify economic trade

details and affirm and allocate trades electronically

Solution

Credit Derivatives

• Improved process behind credit derivative trading settlements

• Limited risk

• Accelerated and automated the clearing process – Limits and reduces settlement time – less margin for

errors

Benefits

Credit Derivatives

• Improved process behind credit derivative trading settlements

• Reduces risk

• Accelerated and automated the clearing process – Limits and reduces settlement time – less margin for

errors

Benefits

The future of financial technology

• Cloud Computing– Not embraced but being used for testing

• Continued maintenance and re-engineering of legacy systems– Mainframes (COBOL, CICS, DB2)

• Mobile Technology– Use of tablet PC’s or iPad’s by FA’s and other end-

users

© 2010 – DATA Inc.

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