1. Treasury Hot TopicWhat your treasury system must do to cope with the next crisis www.pwc.com Thomas Jerolitsch, SunGard Hans Candries, PwC Gunter Geysens, PwC

2. Agenda 2 februari 2011 Background Sungard’s perspective on what your Treasury System must do to cope with the next crisis.

3. The crisis and its effects has led Treasury to consider lessons learned and set its agenda accordingly. 3 februari 2011 Background What challenges did the crisis pose for Treasury? Liquidity crunch, commodity & FX volatility, counterparty risk, accounting “fair valuation” What challenges did the crisis pose for Treasury? Liquidity crunch, commodity & FX volatility, counterparty risk, accounting “fair valuation” Were we prepared? Some were, some weren’t. Few had all risk areas adequately covered. Were we prepared? Some were, some weren’t. Few had all risk areas adequately covered. What are the long-term Lessons learned? “Best Practice” still holds true. What do we need to do to implement it in a sustainable way and “make the change stick?” What are the long-term Lessons learned? “Best Practice” still holds true. What do we need to do to implement it in a sustainable way and “make the change stick?” What did we change during the crisis? Many quick fixes “just to survive” Opportunity for treasury to shine What did we change during the crisis? Many quick fixes “just to survive” Opportunity for treasury to shine

4. Liquidity and risk are now at the top of the Treasurer’s agenda – systems are seen as a key enabler. 4 februari 2011 Background Key Issues for Treasuries - Source PwC Global Treasury Survey 2010

6. Sub-optimal use of existing technology – Many companies have historically made poor decisions in technology selection and/or implemented the technology in such a way as to not take advantage of the functional capabilities of the systems.

7. Systems often require information not available – A functioning Treasury usually will need information from outside sources, or information that is not readily available. Even with better integration tools, turning data into useable information is always a challenge in most environments.

8. Performance management Treasury dashboards – Performance reporting is not usually a core function of Treasury systems and management dashboards are still in their infancy.

9. Commodities – Functionality is limited in most systems for commodities and information for valuation is sometimes not readily available.5 februari 2011 Background

10. Therefore, many companies are looking to improved technology as a key enabler to meeting their treasury objectives. 6 februari 2011 Background

11. Agenda 7 februari 2011 Background Sungard’s perspective on what your Treasury System must do to cope with the next crisis.

12. What your Treasury System must do to cope with the next Crisis. Thomas Jerolitsch 24/02/2011

13. Agenda Introduction Working across the EcoSystem Cash and Liquidity Management Receivables Payments Risk Management Additional Services Summary

14. Introduction When talking about crisis, what do we think we need to do… Identification of Cash and Risk Cashflow Forecasting Operational Efficiency and Control Investment Performance and Risk Treasury Resourcing Bank Relationships Value of Centralization

15. Working across the EcoSystem

16. Working across the EcoSystem Optimize Receivables, Treasury and Payments Foster Collaboration between Trading Partners Provide Market-neutral and Vendor-neutral Trading Platform Communicate from Receivables, Treasury & Payment Solutions as well as ERP and in-house banking systems.

18. Interfaces to banks

19. Global

20. End of Day / Intra Day

21. Real time cash information

22. Investments / Funding

23. Cashflow Forecasting

24. Collection of Forecasting Data

25. Integration of Subsidiaries

26. Consolidation process

27. Global Cash / Liquidity position

29. Provide Scenario Analysis

30. Improve Bank Connectivity

33. Mitigate Bad Debt Expense

34. Consistent and structured processes & workflows

36. Lower DSO

37. Reduce Past Due A/R

39. Multiple banks & multiple cash management services

40. End of day & intraday

41. Risk compliance

42. Technology Challenges

43. Separate connections to each bank

44. Complex to manage

45. Costly to maintain

46. Unreliability

49. Establish Business Rules / Workflow

50. Utilize Least Cost Routing

51. Execute in Any Format EXECUTE PAYMENTS FROM ANY SYSTEM AND IN ANY FORMAT AND IN ANY CURRENCY

53. Adjusting valuations for counterparty Risk

54. Exchange traded vs. OTC instruments

55. Measuring Counterparty Risk

56. Creation of visibility

57. Definition of limit policies

58. Real or Near time monitoring

59. Mitigation of Credit Risk through Receivables Management

62. Bank Account Statement Portal Q2 2011Manages bank accounts for account statement receipt, performs validity checks, creates dashboard and reporting

63. Bank Fee AnalysisQ2 2011Track and manage bank fees from your Payments & Treasury solutions (with SWIFT inside).Ongoing development & delivery of additional services for Corporate-Bank, Corporate-Corporate and Corporate-Trading Partner Communications

65. Looking at the financial EcoSystem

66. Cash Management

67. Receivables

68. Payments

69. Risk Management

70. Additional Services