Transcript Document

short term has no future
DEXIA
Dirk Hoebeeck, CIO Dexia Group
Agoria - December 18, 2007
A European Banking Group from the Roots
Dexia: a growth story
France
Belgium
Luxembourg
1987
1860
1856
Foundation of
Crédit Local
de France (CLF)
Foundation of
Crédit Communal
de Belgique (CCB)
1991
1996
Foundation of
Banque Internat.
à Luxemb. (BIL)
Acquisition of BIL by CCB
Alliance CCB - CLF
2000
Acquisition of Financial Security Assurance
2001
Acquisition of Artesia BC
2006
Acquisition of DenizBank
2
Dexia is among the top 20 financial groups of Euroland
Dexia: a growth story
Market Capitalization
as of September 27, 2007
Bn EUR
Bn EUR
1
SANTANDER
85.6
11
KBC
35.3
2
BNP PARIBAS
71.5
12
FORTIS
27.5
3
ABN AMRO
70.5
13
DEXIA
24.9
4
ING
68.6
14
NATIONAL BANK OF GREECE
21.3
5
INTESA SANPAOLO
63.9
15
NATIXIS
18.8
6
UNICREDIT
63.0
16
COMMERZBANK AG
18.6
7
BBVA
58.5
17
CAPITALIA
17.6
8
SOCIETE GENERALE
56.0
18
ERSTE BANK
17.0
9
DEUTSCHE BANK
47.4
19
RAIFFEISEN INT
14.7
10
CREDIT AGRICOLE
44.9
20
BANCO POPULAR ESPANOL
14.7
3
Two pillar strategy
Public/project finance worldwide
&
universal banking in Europe
Since its merger in 1999 and the acquisition in 2000 of Financial
Security Assurance (FSA) in the United States, Dexia has become the
world’s largest player in local public finance. Dexia’s high level of
expertise, its long-term horizon and the very high solvency of its
customers, grant a superior quality of franchise. Dexia develops its
strategy in this area on a global scale.
Dexia is a leading retail bank, and serves more than 6 million
customers in Belgium, Luxembourg, Slovakia and Turkey. Over the
years, Dexia has developed an entire range of banking services
catering to individual customers, small and medium-sized enterprises
and institutional clients and it is an active player in asset management,
insurance, investor services and capital markets.
4
A worldwide presence of the Group
Dexia: a growth story
34,153 employees in 37 countries*
Belgium
Turkey
Luxembourg
France
Canada
Slovakia
USA
UK
Australia
Italy
Switzerland
Spain
5
15,223
6,801
3,629
2,454
1,866
861
535
516
330
305
221
218
* including 4,688 JV RBC-Dexia
Ireland
The Netherlands
Germany
Singapore
Austria
China
Russia
Japan
Denmark
Israel
Jersey
Other 14 countries
208
181
146
141
131
64
60
50
43
38
35
97
Dexia’s business portfolio
Universal Banking Activities
Segment contribution to net income Group share (1)
6
Treasury and
Financial Markets
Asset Management
4
Investor Services 4
Personal Financial
Services
13
%
27
(1) Excluding non-operating items and central assets, 1H 2007
Public / Project
Finance
52
and Credit
Enhancement
IT World @ Dexia
Strategy,
Development & Architecture
IT STRATEGY
Technology Services
•Systems
•Infrastructure
•Operations
•Helpdesk
TODAY: Dexia Technology Services
• Dexia Bank Belgium
• Dexia Bank Luxemburg
• RBC-Dexia Luxemburg
• Dexia Asset Management
(Belgium & Luxemburg)
TOMORROW
Technology Services in other entities
HUBS in Luxemburg, Turkey, Singapore, New York
7
Development, IT Strategy & Architecture
From a country organisation to a functional organisation
CIO
Factory
Application Strategy
Denizbank
IT Strategy & Development Architecture
DCL
IT Governance
DBL
Treasury & Financial Market
Insurance
DBB
Accounting, RMG, HR
•Competence Centers Organisation
•Multi-sourcing (X-entity, X-border, …)
•Quality Framework (CMMI 2 – CMMI 3)
•Performance Driven Culture and Optimize Skill Mix (CIO University)
8
CIO Strategic Framework
Strategic Projects Build IT Capabilities
9
Current IT Delivery & Maintenance
not considering DenizBank, Dexia Banca Slovenska, smaller entities
10
Multi Sourcing Strategy Maximum Impact (not considering
DenizBank )
The schema below illustrates how DEXIA IT will unlock up to 60 000 man.days
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Questions?
12