Final Bap Pitch Blog Post

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The pitch that won us two tshirts from Ken Morse and the runners up prize at the MIT BAP competition in Karachi

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Final Bap Pitch Blog Post

  1. 1. Alchemy Technologies Accurate, On Time, Regulatory Risk Reporting Jawwad Farid, CEO www.alchemya.com
  2. 2. Customer
  3. 3. The question <ul><li>As a Bank CFO/CRO , what is the worth of: </li></ul><ul><li>10 days of your time at the end of every reporting quarter? </li></ul><ul><li>Accurate , on time , regulatory risk reporting? </li></ul>
  4. 4. Customers Timeline Client Champion MCB May 2005 Treasurer Union (SCB) Nov 2005 Treasurer SAMBA Mar 2006 CFO KASB Nov 2006 CRO FDIBL May 2007 CFO SAMBA Mar 2007 Treasurer myBank Jul 2007 COO
  5. 5. Who answers these questions? <ul><li>900+ prospects (ME and AP excluding China and India) </li></ul>
  6. 6. Why us?
  7. 7. Our credentials? <ul><li>9 reference sites </li></ul><ul><li>Version 7.0 just released </li></ul><ul><li>3 years of usage and feedback at customers </li></ul>
  8. 8. Because we take this: <ul><li>Yesterday’s hifi stereos </li></ul><ul><li>= </li></ul><ul><li>today’s enterprise risk systems… </li></ul><ul><li>Bad plumbing, </li></ul><ul><li>too many wires, </li></ul><ul><li>wrong connections…. </li></ul>
  9. 9. And this: So many inputs? Now which one is for what again? Are those 2 master volume controls…? Decisions, decisions, decisions… Where is the manual again?
  10. 10. And do this One touch regulatory reporting
  11. 11. Faster, Better
  12. 12. How?
  13. 13. <ul><li>Analysis </li></ul>Presentation Reporting
  14. 15. <ul><li>Analysis </li></ul>Presentation Reporting
  15. 16. Threat of new entrants <ul><li>Skill set </li></ul><ul><li>Opportunity Cost </li></ul><ul><li>Credibility </li></ul>
  16. 17. Who is the competition? <ul><li>http://www.fermat.fr/ - Direct Model, Regional Focus, Risk Warehouse </li></ul><ul><li>30 customers </li></ul><ul><li>30 million US$ per annum </li></ul><ul><li>10 year old, 70 people </li></ul><ul><li>Europe, Far East, </li></ul><ul><li>South America </li></ul>
  17. 18. Who is the competition? <ul><li>http://www.irisunified.com - Power Distributors, Growth? Resources? </li></ul><ul><li>200 customers </li></ul><ul><li>40 million US$ per annum </li></ul><ul><li>15 year old </li></ul><ul><li>30 people </li></ul><ul><li>Europe, Middle East </li></ul>
  18. 19. Is it profitable?
  19. 20. We went from this:
  20. 21. To This:
  21. 22. Acceleration Plan and Numbers
  22. 23. Acceleration Plan <ul><li>Regional Expansion </li></ul><ul><li>(2 new markets) </li></ul><ul><li>Product acceleration </li></ul><ul><li> 1  4 products </li></ul><ul><li>Scaling infrastructure </li></ul><ul><li>(Facilities & Tools) </li></ul>
  23. 24. Funding requirements
  24. 25. Funding requirements <ul><li>Regional </li></ul><ul><li>distribution – US$1,000,000 </li></ul><ul><li>Product </li></ul><ul><li>acceleration – US$850,000 </li></ul><ul><li>Infrastructure </li></ul><ul><li>upgrade – US$150,000 </li></ul>
  25. 26. Who are we Fawzia Technology, Project Management Erum Tech Architect Uzma Client & Delivery Services Mohtashim Biz Dev, Products Rehana Domain, R&D
  26. 27. Who are we Arif Rasool UK, 17 years, Financial services Mujtaba Iqbal 17 years, Strategy & Financial Consulting Jawwad Farid 15 years, Financial services & Technology
  27. 28. Who are we?
  28. 30. One touch regulatory reporting

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