Réflexion autour de blockchain et son implémentation

2. An experienced and complementary team
François Lévy
Former Associate Partner at IBM
Etienne Royole
Former Senior Consultant at CSC, focusing on financing activities
Jean-Pierre Schmit
Founder and CEO of Jemmic
Jemmic
Delivering customized and integrated solutions with a very high focus on security,
stability and performance. Jemmic is also in charge of TRAFEC* developments
* Trade Finance network connecting Banks to Corporates
3 associates with proven business and IT skills :
1 IT partner working with the major European financial institutions:

3. Our markets:
Private Debt: funds03
Financing below 50M€: SMB, mid-cap…02
Financing above 50 M€: CIBs, large cap…01
Our objective: improve the structured finance sector
• Too much paper: 10 000+ faxes sent by each big
Bank every year
• Many inefficient processes : 25+ days to buy/sell
a participation
• Many operational risks : double payments,
turnover of the responsible people…
Issues

4. How ? With a shared solution
Reduce your
running costs
and risks
Turn your data into a
valuable asset
Improve
internal &
ecosystem
satisfaction
• Provide a multi-banks portal to your clients
• Digitize interactions with investors
• Attract the new generation of clients
• Identify clients pain points and needs
• Assess your own efficiency
• Streamline E2E processes from clients to investors
• Standardize IDs, alerts, financial data
• Share IT costs

5. SaaS platform for financing activities
You are a Financial Institution, a Corporation or a Municipality
LBOEnergy Infrastructure AircraftShipping ProjectExportReal Estate
A new way to interact with your partners A new way to manage deals
Our value proposal
• Satisfy your clients & ecosystem, with a single & secured communication channel
• Enhance client engagement by increasing your responsiveness and offering new services
• Reduce drastically the workload and the risk related to emailing and fax
• Enable a true end-to-end credit value chain to internally streamline daily tasks
• Make the most of your data to enhance your business capabilities and awareness
• Build innovative services to automate processes and create value for your clients

6. A new way to interact with your partners
Audit trail Messages
Notifications &
Emailing
Documentation
Agent
Lenders
Borrower
Timeline
Follow-up and collaborate
…wherever you are03
Others parties join the deal
02
Create the deal on Loansquare in few
seconds01
 Both a Client & Agency portal, Loansquare connects you with your partners and clients, in real time

7. A new way to manage your deals
Specific modules
(on-demand)
Shared services
(optional)
Services Core
Loansquare
Access to all
your deals
Events and
alerts
Third Parties
management
Covenants
management
Facilities
management
Schedules
management
Box (EDM)
Interest and
margin
management
Portfolio
management
Origination Syndication Box (EDM)
Pool
management
Notices
management
 Loansquare provides you with a full range of services, to efficiently manage your deals:
 In color: services already available
 Grey: development ongoing or already required by our partners
 At target, services could be developed directly by our clients with our SDK (Solution Development Kit)
Admin details

8. Loansquare, soon in production
50+prospects
IT devs
Bilateral testing with clients
and partners
Business requirements
Go live !
New version available
Sep. 2016
Oct. - Jan. 2016
Q1/Q2 2017
Q3 2017
V1 up and running
Jemmic
Lead Dev
Loansquare
Lead Dev
5pilots

9. Time for Blockchain
 Blockchain is one of the hot topics in the financial services:
• New market associations: R3 CEV, Labchain in France
• Many new tech companies: Digital Asset Holdings,
Ripple…raising $1 billion in equity funding
• Many global initiatives: IBM in Trade finance with Natixis
and Trafigura…
• New regulatory frameworks:
• 16/12/15 SEC Approves Overstock's Plan to issue
Blockchain Securities,
• 29/03/16 : Sapin II Law.

10. Many potential impacts on structured finance
Structured finance processes Process description Process type
Know your customers Compliance check on the clients Transversal
Origination Set-up of the deal
Syndication Buy/sell to investors
Closing Legal documentation signing
Servicing Drawings and Repayments
Settlement Payments between parties Transversal
Audit Trail Record of any exchanges Transversal
 Vertically: some US companies are thinking to apply Blockchain principles to syndicated loans (Synaps)
 Horizontally: cross processes are the most eligible to the Blockchain disruption due to the high level of RoI

11. Our convictions
Decentralized Centralized
?Trade
Finance
Structured
Finance
Listed
products
 We believe that today before going directly to a distributed model, some prerequisites must be completed through
a centralized platform as Loansquare:
• Standardization of products
• Shared IDs
• Full maturity of the technologies
Distributed
1 2

12. Loansquare & Hyperlegder
What
• Launching of a pilot project in the coming weeks
• Workshop with business IBM team to design the best use cases
Benefits
• Decrease of manual treatment
• More liquidity for borrowers
• No risk related to the settlement
Prerequisites
• Standard identifiers for counterparties and products
• Standards messages for each event
• Respect banking secrecy
Borrower Agent Participants
Today
Tomorrow

13. Join Loansquare!
LET’S START Contact
welcome@loansquare.com
38 rue Pierret 92200 Neuilly sur Seine France
35, rue de la Corniche L-5956 Itzig Luxembourg
Our partners:
1. Grow your business
2. Save time
3. Mitigate operational risks