inside out next generation outsourcing - ids gmbh...total cost of ownership – passed on in cost...
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Haider Mannan
Inside Out
Next Generation Outsourcing
TSAM – Lancaster Hotel London 19.03.2013
TSAM 2013
© IDS GmbH – Analysis and Reporting Services
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Statistics based on legal entities as at December 31, 2012
IDS - Managed Service Provider Operating Worldwide
70% Asset Managers
12% Insurance Companies
9% Banks
9% Other Sectors
74% Europe
16% Asia
10% USA
61% Allianz Group
39% Third Party
Regions
Industry
Segmentation IDS GmbH – Analysis and Reporting Services
§ 100% subsidiary of Allianz SE
§ Established in 2001
§ Munich, Frankfurt/Main, London, Minneapolis, San Francisco and Hong Kong
§ About 290 employees from more than 30 nations with sector-specific background
© IDS GmbH – Analysis and Reporting Services
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Platform Model Archetypes I
Courtesy of the Technology Business Management Council – The TBM Book
© IDS GmbH – Analysis and Reporting Services
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Platform Model Archetypes II
Courtesy of the Technology Business Management Council – The TBM Book
© IDS GmbH – Analysis and Reporting Services
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Platform Model Archetypes III
Courtesy of the Technology Business Management Council – The TBM Book
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Platform Model Archetypes IV – ‘Inside Out Model’
Courtesy of the Technology Business Management Council – The TBM Book
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Inside Out Model – Platform View
Master Record Keeping Analytics Reporting
Mar
ket D
ata
So
urce
s
Raw data
One workflow, one dataset based on a highly scalable and flexible platform
Portfolio analytics based on state of the art applications
Client defined content scheduled and ad hoc
Data Management Analytics Reporting
Analytics data Prepro-
cessed data
Data export
Analytic export
Report distribution
Cro
ss
Ref
eren
cing
Client Sphere
Business Process
Business Platform
Clie
nt’s
sy
stem
s
Financial Library
Tech
nica
l C
ompl
ianc
e
Gol
den
R
ecor
ds
Pre
proc
esse
d C
lient
Dat
a
IDS
Sof
twar
e
Sta
ndar
d S
oftw
are
Rep
ortin
g
GR
IPS
Por
tals
50 data vendors 340 source systems 1,070 fund portfolios, 9,030 portfolios in total 229,000 instruments identified monthly 21,280 reports on a monthly basis More than 3 million instruments in data warehouse 50 million client holdings monthly processed approx. 1 tn EUR assets under reporting
(as at December 31, 2012)
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Inside Out Model – Benefits
§ By optimizing our processes to a standardized technology offering, we can offer both greater process efficiency and improved resource utilization across multiple clients.
§ The underlying technology is provided with the service, no capital investment is required by the customer. Deployment of same technology across multiple customers is supported by a shared Allianz service center which reduces the total cost of ownership – passed on in cost savings to the customer.
§ Continuous feedback loop between service delivery team and technology team across multiple client engagements enables ongoing enhancements to underlying technology. This can include new functionality and related applications enabling continued positive business impact beyond cost savings.
§ Services are optimized to the platform from the beginning, the amount of time to achieve savings is greatly reduced.
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Inside Out Model – Advantages
Atypical alignment from a vendor model; revenue drives product development, and not the other way around ensuring that clients across the platform benefit from enhancements. 1 Creates unique advantages for external clients, who can exploit operating model for marketing benefit and access to new markets. 2 Platform inherits group controls and policies providing external clients indirect access to an audit-proof workflow thereby providing regulatory compliance benefit. 3
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De-Risking the Vendor Selection Process
HIG
H
LOW
LOW
HIGH
RISK
VALUE
Selection / Adoption
Platform IntegrationImplementation
Commercial ViabilityService Delivery
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Residual TCO vs. Cost Savings Comparison
Data Warehouse / Data Management
Integrated Data / Reporting
Integrated Data / Analytics / Reporting
Full BPO Outsourced Middle Office
ResidualTCO
CostSavings
TCO
No Outsourcing
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The Future of Outsourcing
When everyone has access to the same tools then having a tool isn’t much of an advantage. The industrial age, the age of scarcity, depended in part on the advantages that came with owning tools others didn’t own. Time for a new advantage. It might be your network, the connections that trust you. And it might be your expertise. But most of all, I’m betting it’s your attitude.
-Seth Godin.
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Haider Mannan Director – International Business Development +44 20 3586 3344 [email protected]
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