SimCorp Capital Markets Day. 31 May 2012

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1 SimCorp Capital Markets Day 31 May 2012

2 Welcome Peter L. Ravn, CEO, SimCorp

3 Welcome to SimCorp s Capital Markets Day 2012 Introduction to SimCorp Peter L. Ravn, CEO Risk, cost and growth issues impacting buy-side firms Dushyant Shahrawat, Senior Research Director at TowerGroup SimCorp s operations and expansion in North America David Kubersky, Managing Director, SimCorp North America. The role of technology in navigating the current financial markets Merele May, Senior Vice President Investment Operations at American Century Investments 3

4 SimCorp at a glance Established in 1971 in Copenhagen, Denmark Listed on NASDAQ OMX Copenhagen in 2000 Software solutions and related services to the buy-side industry Our solution helps clients mitigate risk, reduce cost and enable growth Revenue derives from three principal sources; sales of software licenses provision of maintenance services and professional services including packaged services professionals of 40+ nationalities 4

5 SimCorp history SIMCORP DIMENSION ERA 2007 SimCorp sells IT SimCorp Dimension 2000 TMS2000 full STP product 1999 IT2 acquired to substitute TRACTS 1998 TMS2000 most important product 1997 Sale of Actuarial department REVENUE /EUR OFFICIAL LAUNCH OF TMS First TMS2000 implementations 1995 TMS2000 development intensified CUSTOMISED SOFTWARE 1991 Risk management modules 1990 Financial analytics and library 1985 Building society systems Money market systems Pricing models for derivatives Treasury systems

6 SimCorp operations 6

reducing costs enabling growth by delivering an integrated

7 SimCorp value adding strategic partner SimCorp supports clients from the global investment management industry in mitigating risk reducing costs enabling growth by delivering an integrated enterprise platform and related services Mitigate Risk Reduce Cost Enable Growth 7

8 SimCorp 2011 performance Top-line USD 259m Maintenance USD 118m Professional services USD 76m License USD 62m EBIT of USD 61m, an increase of USD 14m relative to 2010 The EBIT margin was 23.8% Profit for the year was USD 45m Strong cash flow during the year, and at year-end Free cash flow from activities of USD 50m Cash position end-of-year of USD 64m 8

9 EURm Quarterly income per type Maintenance Prof. Services Licence 9 25 May 2012

10 SimCorp Q Revenue was up 20% y/y to USD 60.5m Order intake from licences and add-on licences was USD 5.9m Income recognised from licences and add-on licences was USD 6.6m compared with USD 5.3m in the same period of 2011 Maintenance income was USD 30.7m, an increase of 12% compared to the same period last year Sales and supply of professional services was USD 22.4m, an increase of 29% compared to the same period last year EBIT of USD 8m, USD 4.2m more than in the same period of last year. The Q1 cash flow from operating activities was USD 21.9m compared with USD 18.2m in the same period of

11 Shareholder information Share capital (DKK) 46,000,000 (USD ~ 7,9m) Approximately 7,000 registered shareholders About 91% of the share capital is registered in the company s shareholder register The 25 largest shareholders own or manage around 55% of the share capital About 25% of SimCorp s shares are held by investors, who are also clients of SimCorp SimCorp s management and employees hold approximately 11% of the shares Largest shareholder (> 5%) Danish Labour Market Supplementary Pension Fund (ATP), Denmark SimCorp treasury shares Institutional Retail Management and employees Treasury As per 1. January

12 Buy-side industry verticals Asset managers Investment funds Pension Insurance 12

13 The clients 170+ of the largest, financially strongest investment managers in the industry, including among others: 13

14 The future market attractiveness Size Structure (segments and operating models) Competition (known and unknown) Barriers to entry Brand awareness Brand image 14

15 SimCorp publications Thought leadership in applied IT and investment management 15

16 The future market attractiveness Size Structure (segments and operating models) Competition (known and unknown) Barriers to entry Brand awareness Brand image 16

Strategies support growth and earnings potential SimCorp offers investors: Extensive possibilities to increase market share Business model provides organic

Strong competitive situation Loyal client base high market credibility A unique mission critical enterprise solution Delivery model with two versions per year

17 Strategies support growth and earnings potential SimCorp offers investors: Extensive possibilities to increase market share Business model provides organic growth Efficiency gains and business leverage suggest future earnings improvements High dividend yield Based on: Low global market share in an attractive market Strong competitive situation Loyal client base high market credibility A unique mission critical enterprise solution Delivery model with two versions per year High R&D investments Very strong balance sheet and cash flow Additional license fee (ALF) Initial licence fee (ILF) Professional services Maintenance Year 17

Announcement no. 11/ May 2006

Announcement no. 11/ May 2006 SimCorp A/S Oslo Plads 12 DK-2100 Copenhagen O Denmark Telephone: +45 35 44 88 00 Telefax: +45 35 44 88 11 E-mail: info@simcorp.com www.simcorp.com Company Reg. No: 15 50 52 81 Announcement no. 11/2006