Financial Product

1
Financial Product Agreement Management Straw
Man

• Tuesday, September 22, 2009
• Commercial In-Confidence

2
In Brief

• A Financial Product Management System
• For Asset Management, Derivatives, Insurance
  Products,
• Used by Product Designers, Marketing, Product
  Management, Sales
• Delivered as a set of software-components

3
Why Financial Product Management?

• Shorten time to market to maximize Window of
  Competitive Advantage
• Tailor products for markets and customers
• Product Manufacturer vs. Product Distributor
  model (Product Bundling)
• Consistent profiling of products (Product
  Semantics) to compliment CRM functions
• Advisory, RFP Response, Sales
• Product Distribution alliances (Product
  Syndication)
• Can only be achieved using a unified model for
  product information management

4
Target Finance Products

• Asset Management Wealth Management
• Manufacturer/Distributor relationship
• Rich Product Information
• Client Jurisdictional Suitability Criteria

• Structured Products (Derivatives)
• Building Block Approach to product definition
• High ROI
• Supports Back-Office (generate confirmation)
• FpML

• Insurance Products
• Building block approach to product design
• High number of product variants and change
• Reduce cycle times from 6 months -gt 6 weeks

5
Product Components
Designers Research Product Components Product
Composites Models Simulations Assumptions
Marketing Product Data Product
Bundles Suitability Commentary Performance
Metrics Web Content
Sales Product Catalog Product Configurator Compos
ites RFP Responses Agreements Parties
Definition
Deployment
Maintenance
Termination
Compliance Disclosures Suitability Authorizations
Audits Legal Advice
Product Mgmt Demand Analysis Performance
Analysis Target Customer Product
Assumptions Change Mgmt
IT Models Simulations Test Cases Validations Chan
ge Management
6
Cross-Industry Solution Map
Product Definition
Testing
Distribution
Operations
Optimization
Demand Analysis
Design Product Elements
Determine Target Group
Test Conceptual vs. Actual Design
Update Operational Systems
Compliance Reporting
Transfer/ Terminate Request
Define Market Constraints
Profitability Analysis
Design Risk Profiles
Publish Marketing Training Content
ChangeManagement
Performance Analysis
Maintain Product Variants
Test Simulate
Risk Compliance Assessment
Push Product Info To Distribution Systems
Product Advisory Configurator
Profitability Analysis
Define Marketing Training Materials
ProductLaunch
Product Authorization
RFP Response
Define Product Suitability
Product Virtualization
Competitive Analysis
7
Product Management Services
Performance Data Research News
Product Syndication (CRM, App Svr, WCM, 3rd
party) Product Publishing (xml, pdf,
rdf) Product Configurator (App Svr) Agreement
Management
Enterprise Integration (Risk Mgmt, Asset Mgmt,
Transactions, Directories,)
8
Product Management Services
Corporate Portal
Corporate Web Site
Partner Web Sites
CRM System
Trade Systems
J2EE Components and Services
Product Definition
Testing
Distribution
Operations
Optimization
Demand Analysis
Content Data Management
Change Management
Content/Data Syndication
Security Auditing
Product Server Platform
Event Management
Rules Engine
Collaboration
Analytics Engine
Enterprise Integration (Risk Mgmt, Asset Mgmt,
Transactions, Content Mgmt, CRM, Directories,)