Vontobel Holding AG · SIX:VONN
Vontobel — Investor Presentation (November 2015)
25 slides from Vontobel's investor presentation, November 2015
Slide 1: Cyber security – for digital safety
Investment Banking Cyber security – for digital safety Cyber Security Performance-Index
Slide 2: Contents Overview
Contents Overview A Investment case B Index concept, C Summary 3 Cyber security – 13 composition & key 24 For digital safety product data Cyber Security Performance-Index 2
Slide 3: Contents A: Investment case
Contents A 3 Investment case A Cyber security – for digital safety 4 The worst hacker attacks of recent years have included… 5 Criminal intent will always exist. As digitalization progresses, incidents are likely to increase. 6 Cyber attacks on the rise. Demand for prevention, detection and response
Slide 4: The worst hacker attacks of recent years have included…
The worst hacker attacks of recent years have included… A 4 USD 700,000: AOL released 20 million data items... The cost for the US Department of Defense in ... in 2006 due to a technical error, with information dealing with the 2002 attack by hacker Gary on around 20 million search keywords. This in
Slide 5: Criminal intent will always exist as digitalization progresses, the number of incidents will rise
Criminal intent will always exist as digitalization progresses, the number of incidents will rise A 5 Cybercrime costs companies dear Average damage per cybercrime case for companies in germany (in EUR) Violation of business and trade secrets 609000 Violation of copyright 584000 Data theft 348000 Th
Slide 6: Cyber attacks on the rise: demand for prevention, detection & response never higher
Cyber attacks on the rise Demand for prevention, detection & response solutions never higher A 6 Number of cyber attacks worldwide annually between 2009 and 2014 (in millions) – Against the backdrop of technological innovation and ongoing development, the demand for security solutions is rising. – T
Slide 7: Smaller companies’ vulnerability contributes to the high number of undetected incidents
Smaller companies’ vulnerability contributes to the high number of undetected incidents A 7 Larger companies detect more cyber attacks Paradoxically, larger companies have spent more on their IT security → PwC (30.09.2014) suspects that small companies mostly do not notice that they have been the vi
Slide 8: The Internet of Things: how erstwhile abstract risks have become real threats
The Internet of Things How erstwhile abstract risks have become real threats A 8 Average time to resolve a cyber attack for US firms in 2014 Average number of days 65.5 Malicious insiders 68.9 49.8 Malicious code 59.5 45.1 – Resolving the security Web-based attacks 56.2 breach caused by an attack 19
Slide 9: Cyber security: a cross-over segment with good growth prospects
Cyber security A cross-over segment with good growth prospects A 9 How challenges open up attractive market potential Annualized costs of cyber crime Technology trend with sustainable growth prospects US, 2014, by sector Average annualized costs in million U.S. dollars – Innovation forms the basis f
Slide 10: Contents B: Index concept & key product data
Contents B 10 Index concept & key product data B Cyber Security Performance Index 11 Investment Advisor Thomas Rappold applies value investing to the tech sector 12 New index concept – The Cyber Security Performance 13 Pool and selection of index members: qualitative and quantitative criteria 14 The
Slide 11: Investment Advisor Thomas Rappold: applying value investing to the tech sector
Investment Advisor Thomas Rappold Applying value investing to the tech sector B 11 Thomas Rappold – Investment advisor, entrepreneur and author – Self-taught in programming language at the age of 14, completed first media IT course in Europe – Developed ground-breaking new financial portals for priv
Slide 12: New index concept: Cyber Security Performance Index
New index concept Cyber Security Performance Index B 12 Index composition – Concept and selection criteria Index concept KEY DATA – The Cyber Security Performance Index tracks the performance of ISIN DE000SLA1 companies that generate their primary revenues in the cyber WKN C18 SLA1C1 security techno
Slide 13: Pool and selection of index members
Pool and selection of index members Qualitative and quantitative selection criteria B 13 Cyber Security Performance Index Selection criteria Selection pool - Criteria Selection of index members - Rules Significant revenues in the following cyber- From the selection pool, the index advisor picks the
Slide 14: Thematic scope: Cyber Security Performance Index
Thematic scope Cyber Security Performance Index B 14 Focusing on security – Selection criteria for tech firms – Increasing demand for cyber-security solutions could become a revenue and growth driver. – The focus on pure plays in the cyber-security segment is important in avoiding the dilution of gr
Slide 15: Value investing in the tech sector: the four qualitative selection criteria
Value investing in the tech sector Explaining the four qualitative selection criteria B 15 “Buy a euro for 50 cents” (Thomas Rappold, Investment Advisor) “Winner takes all”: technology segments have an affinity for forming monopolies and are thus typically associated with high margins. The Investmen
Slide 16: The initial composition: Cyber Security Performance Index
The initial composition Cyber Security Performance Index B 16 Initial composition of the Cyber Security Performance Index – Stocks COMPANY SUPERSECTOR COUNTRY (BY HEAD OFFICE) CURRENCY WEIGHTING Palo Alto Networks Inc Networking Products US USD 8.33% FireEye Inc Internet Security US USD 8.33% Cybera
Slide 17: Initial country and sector weightings
Initial country and sector weightings Focus currently on the US B 17 Initial composition Country weighting (by head office) Initial composition Currencies 8% 8% 8% 8% 17% 67% 83% USA Israel Niederlande Japan USA JPY EUR Sources: Solactive, Thomas Rappold (Investment Advisor of the Cyber Security Per
Slide 18: Profiles of the current members
Profiles of the current members B 18 Index composition3 – details Palo Alto Networks Inc FireEye Inc Cyberark Software LTD/Israel Check Point Software Tech Sector2: Networking Products Sector2: Internet Security Sector2: Computer Graphics Sector2: Applications Software Currency: US (USD) Currency: U
Slide 19: Profiles of the current members
Profiles of the current members B 19 Index composition3 – details Symantec Corp Fortinet Inc Proofpoint Inc Imperva Inc Sector2: Internet Security Sector2: Computer Data Security Sector2: Enterprise Software/Serv Sector2: Applications Software Currency: US (USD) Currency: US (USD) Currency: US (USD)
Slide 20: Profiles of the current members
Profiles of the current members B 20 Index composition3 – details Qualys Inc InfoBlox Inc Gemalto Trend Micro Inc Sector2: Computer Data Sector2: Networking Products Sector2: Computer Data Security Sector2: Internet Currency: Security US (USD) Currency: US (USD) Currency: Netherlands Currency: Secur
Slide 21: Key product data: Cyber Security Performance-Index
Key product data Cyber Security Performance-Index B 21 Key product data – VONCERT Open End VONCERT Open End SSPA product type Tracker certificate (1300) Underlying Solactive Cyber Security Performance-Index Initial fixing / payment date 13 November 2015 / 20 November 2015 Maturity Open end Managemen
Slide 22: Important information for investors
Important information for investors Cyber Security Performance Index B 22 Significant risks for investors – Economic crises and changes could have a detrimental impact on the shares underlying the participation certificate – New technologies offer the potential of promising business models, but also
Slide 23: Contents C: Summary
Contents C 23 D Summary 23 Investment case & index concept 23
Slide 24: Summary: Investment case & index concept
Summary C 24 Investment case & index concept Investment case Index concept Cyber Security – for digital safety Cyber Security Performance-Index – Massive rise in cyber attacks – The index tracks the performance of 15 companies – Mounting number of regulatory rules with significant business activity
Slide 25: Legal Notice
Legal Notice This publication is for information purposes only and does not represent an investment recommendation or advice and contains neither an offer nor an invitation to make an offer. It does not replace the qualified advice necessary before any purchase decision, in particular as regards all
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