June 2011

Portfolio Management ServicesU d t d F d Vi i

June 2011

Update and Forward Vision

CGI Banking & Investment

© CGI GROUP INC. All rights reserved

CGI Banking & Investment2011 Annual User Group Conference

June 1 - 3

_experience the commitment TM

Agenda

• MSuite Overview• MSuite Overview• Year in Review

Organization Update• Organization Update• 2011/2012 Plans

U i S i• Upcoming Sessions

2Confidential

MSuite Overview

Confidential

Supports multiple lines of business…

AdministrationPortfolio ManagementSales Tools

• Security master corporate• Modelling (SMA/UMA)• Web-based sales tools Security master, corporate actions and pricing

• Transaction processing • Performance calculations

and reporting

Modelling (SMA/UMA)• Portfolio valuation and

inquiry • Rebalancing and trading

Order management

Web based sales tools• Financial calculators • Asset allocation• Risk assessment

• Reconciliation• General ledger • Generic interfaces• Fund Accounting

• Order management • Client statements and

reporting• Data mining

• Investment policy statements

• Investment proposals• Monte Carlo analysis g

• NAVPU Validation• Management fees• Client report delivery

Confidential

4

Breadth of functionality

Data WarehouseAd Hoc QueriesR t C ti

MViewMViewMarket Data

PricingExchange Rates

StarSourceStarSource

Report Creation

MVestMVest Document Document

Exchange RatesCorporate Actions

ComplianceTrading

ModellingAdministration

Performance

Document StorageSecure Document Delivery

CentreCentreMSuite

Asset AllocationKYC

Investment Policy

Client StatementsBestMixBestMix MFolioMFolio

Statement

Financial PlanningIllustrations

MPlanMPlan

5

IllustrationsStrategy Comparison

Goal Setting

Confidential

Year in Review

Confidential

Year in Review – MVest 4

• MVest 4 released July 2010 • Raymond James MVest 4 beta

client • Wave 1 client upgrades inWave 1 client upgrades in

progress• Actively marketing MVest 4 in

Canada and US with preliminaryCanada and US, with preliminary discussions in Australia

• Three releases over past 12 months

7

Confidential

Year in Review - Releases

4.0 Launch (July 2010) 4.1 (October 2010) 4.2 (February 2011)• Fully integrated front • Book of record - • Management feeFully integrated front

and back office• New GUI• Core development

I t f d l

Book of record Dataphile

• Trade status screen• Auto price/FX rate roll

A l FX t bl k

Management fee module enhancements

• Fund on fund pricing• Additional interfaces

• Interface module• Chart of accounts by

Portfolio• Lot accounting

• Apply FX to block • Householding• Fund acct’g dashboard• Additional interfaces

(GL, Cap stock and Price Uploads)

• Switch trades modelingo accou g

• Corporate actions by selection rule

• Jasper reportingManagement Fee

dd o a e aces(Selection rule, security, scheduled contributions and withdrawals)

• Asset Transfer

g• Price uploads• Auto close of block

orders after specified ti• Management Fee

Module

sset a s e• Modeling by Objective

Code

time

Confidential

8

Year in Review – User Experience

• MVest 4 reflects an updated user interfaceO h f MS i d fl• Other components of MSuite do not reflect the updated look and feel

• MView InquiryB tMi• BestMix

• Interactive Services Group within CGI was engaged to perform a review of the user interfaceinterface

• Phase 1 – Advisor Portal• Phase 2 – Exception Based Fund Accounting

DashboardDashboard• Developed prototype of Advisor Portal to be

previewed at break out session later today

Confidential

9

Year in Review – Hardware Implementation

Technologies• Oracle RAC• PL/SQLPL/SQL• JAVA• WebLogic• JasperReports

WEB Layer:WEB Layer:•RedHat Linux OS (v5)•Apache Web Server (2.2.3)•OpenSSH

Application Layer:•Windows 2008 Server, 64 BIT ,(To incorporate large processing threads)•Oracle Weblogic 11g (10.3.0)•Sun Java 1.6

Reporting Layer:•RedHat Linux OS (v5)•JasperReports processing engine

Database Layer:•RedHat Linux OS (v5)•Oracle 11g in a RAC 2 node configuration

Confidential

10

Year in Review – Help Desk

Total calls over past 12 months – 7,176p

MVest calls increased by 42%

Implemented automated alerts to incident management process

Dedicated help desk resource assigned to each client upgrade(during client pg ( guser acceptance testing)

MVest 4 training provided to all help desk staffdesk staff

Automating common client data fixes(ie.DFARS)

Confidential

11

Year in Review – Other

• Engaged systems integration and consulting group within CGI to perform a review of current testing practices within group

• 12 of the top 15 priorities identified from 2010 user are either completed, in progress or in roadmap

• Improved internal visibility around project status reporting

Confidential

12

Year in Review – Security

• Installed network intrusion detection software

• Mandatory Staff Training• Information Security Awareness• Records Management

• Annual review of business continuity plan• Currently implementing new secure file

transfer(SFTP) infrastructure• Supports up to 2048-bit SSH keys(exceeds

industry standard)• Load balancing and high available clusters

• Physical Security Vulnerability Assessment• Physical Security Vulnerability Assessment• Internal Risk Assessment

• Random checks to ensure laptops are locked• Review print areas to ensure sensitive areas area• Review print areas to ensure sensitive areas area

secure

Confidential

13

Year in Review - US StrategyInitial review of functionality 2009

• Engaged Third Parties to perform initialreview of front/back office capabilities

• High level gap analysis completed• High level gap analysis completed• Identified two phase approach

• Phase 1 Front Office• Phase 2 Back Office

Completed required front office 2009-2010p qenhancements to support US Launch

Completed ASP deployment strategy 2010-2011• Three Data Centers;

• Phoenix• Mississauga• Ottawa

Training Provided to CGI US Sales Force 2011

MVest 4 2 US read front office released 2011MVest 4.2 US ready front office released 2011

Conduct detailed fit/gap analysis 2011to support US Launch of Back Office

Confidential

14

Organizational UpdateOrganizational Update

Confidential

Organization Update – Highlights

• Migrated all MSuite development under Rajiv Nijhawanj a a

• Recruited Senior Program Manager to co-ordinate upgrades

• Hired manager for core product business analysts and quality assurance

• Promoted Mike O’Riley to manager, MSuite development

• Offshore team increased in size• Low voluntary Staff turnover - < 5%• Marketing and Sales Support - Dave Inglis

Confidential

16

Organization Update

Terry Steeves

Rajiv Nijhawan (Product Development)

Arthur Silva (Product Delivery and Support)

Patty Clement (Product Strategy)

Mike O’Riley (Development)

Magdalena Moyseowicz(Business Analysis and Testing)

Dave Inglis(Marketing and Sales Support)

James Staring (Professional Services)

Paula Gardner (Product Support)

Ravi Maharaj (MVest 4 Program Management)

Client Services and Global Infrastructure

Services

10 Developers Offshore 29 Developers Onshore 4 Business Analyst Offshore

14 Business Analyst Onshore 1 Presales support 50 Professional

consultant18 Professionals

Onshore3 Professionals

Offshore 16 Resources

Total Headcount approximately 150 Professionals

Confidential

17

Professionals

Organization Update – Plans

• Create three groups of concentration within b i l tbusiness analysts:• Systems Analysts• Subject Matter Experts

QA/T ti• QA/Testing • Increase offshore development resources

• Testing• Testing • Development • Documentation

R i S l i i f h US• Recruit Sales position for the US

Confidential

18

MSuite Product Update

Confidential

MVest 4 Product Direction

Building the Product Road Map – with you

Cli I d

• Annual client survey• Focus User Group meetings

ClientRequests

IndustryInitiatives

p g• Annual User Conference• Input from the industry and

RegulatoryChanges

Technology Improvements

p yprospective clients

• New regulatory requirements• Technology advances• Publish Product Road Map

Confidential

20

Confidential

MVest Client Upgrades

2010 2011 2012 2013

Feb

Mar

Apr

May

Jun

Jul

Aug Sep

Oct

Nov

Dec Jan

Feb

Mar

Apr

May

Jun

Jul

Aug Sep

Oct

Nov

Dec Jan

Feb

Mar

Apr

May

Jun

Jul

Aug Sep

Oct

Nov

Dec Jan

Feb

Mar

Apr

May

Jun

Jul

Aug Sep

Oct

Nov

Dec

li dMVest Client Roadmap

MVest 4 Release

MVest 4.1 Beta client

MVest 4.2 New client implementation

MVest 4.3 ‐Wave 1 Client Migrations (2 ‐3 similar clients)

MVest 4.x ‐Wave 2 Client Migrations (2‐ 3 similar clients)

New Client implementations

Build

CGI System TestingWave 1 Client Migration – High Net Worth ClientsWave 2 Client Migration – Fund Clients

21

Client Acceptance Testing

Confidential

MSuite – Roadmap OverviewMVest Ongoing Product Commitment 4.3*

• UMA/Overlay Management• ISM Interface

4.5*• Income Trust Processing• Mutual Fund Distribution Module

• Mutual Fund OMS• Apply FX by Security• Cash Sweep by Currency• Tax loss Harvesting

• Multiple Bases of accounting• Exception based fund dashboard• Report Packaging

Apr 2012

4.4*

Aug 2012 Feb 2013

4.6*

Jun 2013

4.4• HST• Archiving enhancements• Advisor Portal• MView Real-Time

BestMix integration

4.6• “Swift” trade Integration• Enhanced derivative support• Compliance Module Redesign• Additional Fixed Income Support• MFolio for Mutual Funds• BestMix integration

• Storing IPS in MVest

*Release contents to be finalized

• MFolio for Mutual Funds

22Additional custom code will be incorporated into core product

Confidential

CGI Investment Committee

• Comprised of senior executives within CGI, including Mike Roach president and CEOincluding Mike Roach, president and CEO

• Business lines present 5 year strategy• Purpose of group is to review product linePurpose of group is to review product line

strategy and provide funding for major initiatives:• Buyy• Build• Partner

• Funding was provided for MVest 4 and current g pUMA development activities

• Next meeting scheduled for June 16, 2011

23Confidential

Upcoming MVest Major Investments

• Advisor Portal• Exception based fund accounting

dashboardCompliance Module Redesign• Compliance Module Redesign

• Additional fund accounting enhancements(e.g):( g)• Multiple bases of accounting• Enhanced Derivative Processing• “Swift” trade processing• Hedge fund processing• Hedge fund processing• Short processing on fixed income

24Confidential

2011 / 2012 Plans

• Implement two customers on CGI integrated UMA platform• Commence back office migration for Wave 2 clients• Build efficiencies through increase use of offshore resources

Achieve one US based client before end of year• Achieve one US based client before end of year• Implement HP Quality Center• Complete Advisor PortalComplete Advisor Portal• Engage third party to assist in fund

accounting enhancements

Confidential

25

2011 / 2012 Plans – Audit

• CSAE 3416 replaces CICA 5970 for engagements ending Dec 15th, 2011,

• Closely follows International Standard (ISAE 3402) & USA Standard (SSAE 16)A diti St d d t Att t St d d• Auditing Standard to a Attest Standard

• Risks included into evaluation/Design of Controls & development of Control Objectivesp j

• Audit Report will be essentially the same• CGI initiated a Project Team in 2010 to

i l l f iproactively plan for conversion • CGI is on track and ready for new standard

Confidential

26

2010 Portfolio Services Track2010 Portfolio Services Track

Confidential

MSuite Round Tables

• Share your input at the Fund Accounting and High Net Worth Client Round Table discussionsC e t ou d ab e d scuss o s

Confidential

28

MSuite UMA and Trading Enhancements

• Join us for a review of the enhancements being developed in MVest 4 around trading and preview our solution for UnifiedMVest 4 around trading and preview our solution for Unified Managed Accounts

Confidential

29

Tax and Regulatory Update

• Exploring the many tax and regulatory challenges many financial organizations face todayg y

Confidential

30

MSuite Upgrade Strategy• Join us to gain an understanding of our approach to moving

to a “core product” methodology

Confidential

31

MVest 4 Demo

• CGI will present the many enhancements incorporated in MVest 4

Confidential

32

MSuite Automated Test Strategy

• Come to hear CGI’s plans around our automated test strategy using HP Quality center and CGI’s own ATSM toolusing HP Quality center and CGI s own ATSM tool

Confidential

33

MSuite Advisor Portal

• Continue to see CGI’s strategy around the Advisor Portal

Confidential

34

MSuite I-Learn

• Join us to learn about how you can tailor MSuite I-Learn to your our needsyou ou eeds

Confidential

35

Our commitment to youOur commitment to youCGI provides the best mix of responsive local service

© CGI GROUP INC. All rights reserved

responsive local service at global delivery value.

_experience the commitment TM