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Dion Global Solutions Ltd.

BSE: 526927 Sector: IT
NSE: FORTISFIN ISIN Code: INE991C01034
BSE LIVE 15:10 | 17 Oct 37.00 0
(0.00%)
OPEN

38.35

HIGH

38.35

LOW

36.65

NSE 05:30 | 01 Jan Stock Is Not Traded.
OPEN 38.35
PREVIOUS CLOSE 37.00
VOLUME 1059
52-Week high 89.95
52-Week low 33.00
P/E
Mkt Cap.(Rs cr) 119
Buy Price 36.70
Buy Qty 5.00
Sell Price 37.00
Sell Qty 48.00
OPEN 38.35
CLOSE 37.00
VOLUME 1059
52-Week high 89.95
52-Week low 33.00
P/E
Mkt Cap.(Rs cr) 119
Buy Price 36.70
Buy Qty 5.00
Sell Price 37.00
Sell Qty 48.00

Dion Global Solutions Ltd. (FORTISFIN) - Chairman Speech

Company chairman speech

Chief Executive's Review

2015 was a year where Dion continued to focus on the success of its customersinnovation in products and ensuring all the foundational elements are in place to growthe business across our core markets in EMEA and Asia Pacific.

The regulatory and economic environment our customer faces remains challenging and theneed to effectively service and communicate with their customers is increasing. At thesame time financial services firms are experiencing increased pricing pressure for theirproducts and services. Against this backdrop we remain focused on helping our customerssolve their challenging business problems and improve customer service and achieveoperational excellence so they can concentrate on driving growth.

In 2015 we have seen some great success in our award winning Wealth Management Solutionbusiness with 11% YoY revenue growth in our home market the UK as well as a rapidlyincreasing interest and pipeline of opportunities in Asia Pacific. The Asia Pacific WealthManagement Market is fast becoming the largest and has surpassed US and Europe in AssetsUnder Management. We believe we are well positioned to take advantage of the growingmarket opportunities.

Our trading order and risk management solution (TradeCentre) business has grownexponentially in the

Australian market with almost 50% YoY growth with a rapidly growing pipeline of newopportunities both in Australia as well as in other markets in Asia Pacific. Equally ourTradeAnywhere solution has performed well in the Indian market with about 36%

YOY increase in revenue.

Our Post Trade solution NOVA continues to be a well performing business with 3% YoYgrowth and supporting some of the largest global and regional financial institutions inthe Asia Pacific region.

Despite the tough economic conditions in the financial services sector in some of ourmarkets we achieved notable success this year with numerous big projects going live newand renowned customers being added new products being developed and existing coreproducts enhanced both functionally and technically. Relentless focus on ourrelationships with customers has been instrumental to our success and we are hopeful thispositive performance will continue.

Investment in Product Innovation Supports Long Term Growth

As the global financial markets become more regulated increasingly competitive andcustomer demands escalate the requirement for the type of solutions we provide will grow.These are long-term trends that require long-term investment and present us with theopportunity for long-term profitable growth and value creation.

We expect a significant increase in revenues for our existing suite of productsincluding the new FATCA/CRS solution that has achieved remarkable global success byhelping financial institutions to comply with complex FATCA and CRS regulatory andcompliance requirements.

Similarly Wealth Management TradeCentre NOVA and FinCase remain well accepted in themarket.

Awards and Recognitions

In our continued quest for excellence and relentless focus on product innovation andsuccessful customer implementation Dion is increasingly emerging as a true brand. Severalawards and recognitions for our Wealth Management Solutions were received during theperiod under review:

• Dion Global Solutions (UK) Limited has been awarded the "Best WealthManagement Solution Award" for the fourth consecutive year at the Systems in theCity Awards 2015 held in London.

• Dion Global Solutions (UK) Limited won the 'Best Implementation of aTechnology Solution' award at the Wealth Briefing European Awards 2015.

• Our wealth management solution Invantage has been awarded the GoodAccredited Standard for 2016 by Goodacre UK Limited.

Expanding our Global Business

Successfully scaling our business over the last 5 years has enabled us to maintain aglobal support and development networking comprising of more than 500 members of staffacross 20 office locations and more than 250 in product development. These facilitiessupport and develop our software solutions across our entire range of solutions. Ourbreadth increases our market access and generates opportunities to cross-sell and upsell.

Outlook

Our vision is to add value to our customers' business through building innovativetechnology solutions that increase business efficiency &

profitability. In order to fulfil our objective we are remodeling our divisionalstructure to a customer centric model. Through this model we aim to provide a completesolution to our customers by building synergies within our products and business units.

We remain well positioned to continue our strategy of global expansion. We are pursuingnew opportunities in all regions in wealth management banking and capital markets.Investment in product development and our sales network is accelerating as we seek toexpand our business and start selling our products outside the traditional home marketsacross European and Asian markets.

With our continued focus on cutting-edge technological innovation the company remainswell placed for next year to ride out tough market conditions and consolidate its positionas a reliable partner for the global financial services industry. Our key strategy fornext year will be expanding our existing markets and entering new ones by drawing on ourwealth of knowledge and experience in the sector.

We are aligning our strategic investments in key markets and innovative solutions withour customers' evolving needs while focusing on delivering returns to our shareholders.Our success ties directly to our 500 members of staff worldwide whose hard workknowledge and dedication service our customers exceptionally well.

We would like to thank our employees shareholders customers partners and board ofdirectors for their ongoing commitment to leading the future of the financial servicesindustry. We are proud of our accomplishments and are excited about the road ahead in 2016and beyond.

Michel Borst

Chief Executive Officer