Overview and benefits of a successful TM1 implementation

1. TM1 in
Macquarie
AMENDRA PRATAP
SEPTEMBER 2012

2. Macquarie Bank
Background
Six Operating Groups
• Macquarie Securities Group
• Macquarie Capital
• Macquarie Funds Group
• Fixed Income, Currencies and Commodities
• Banking and Financial Services Group
• Corporate and Asset Finance Group
Founded in 1969
Around15,000 staff in over 28 countries

3. TM1 in Macquarie
Brought in y Finance Dept in IT to assist with annual budgets
2008
Grown from a 20 user Division tool to a 350 User Group wide
application
In House team established
Successful platform for Group budgets and rolling forecasts already in
place
Allocations and recoveries Program of work underway (current Focus)
Using version 9.5.1 – Upgrade to 10.1 underway

4. Projects Overview –
Macquarie
Budgeting & Rolling Forecasts
◦Group wide budgeting and forecasting, Global users, All
associated reports and Allocations
Allocations & Recoveries
◦High volume Allocations engine, drill through to details,
Accurate & Centralised
Balance Sheet/Capital Projection
◦ Balance Sheet and capital Projection engine including Scenario Modelling
and FC modelling
Reporting
◦ Web based /Exception reporting, Drill throughs, Build once use many
times

5. Why TM1
Multidimensional
Cube Architecture
Flexible & Easy to
use Modelling Tool
Choice of Interface
– suits Super users
to just Data entry
Plugs into All Data
Source
Fast to develop and
Implement
64 Bit In memory
technology (FAST !)
Driver Based
Planing and Rolling
Forecasts
Write Back
Capability
Scenario / What if
Analysis

6. Business Drivers
Objectives:
1. Reduce red (non-value)
2. Increase green (value)
3. Shrink the timeline, become more agile

7. Design Philosophy
Design for Functionality
Design for Maintainability
Design for Performance
7 Key Design Philosophies
1. Distributed Model (Modular Design)
2. Business logic be Exposed
3. Lock Down Aspects of Model
4. Reuse where Possible - Maximise ROI
5. Iterative Implementation
6. Agile With Controls
7. Users are core to Design (its not our model
– its theirs)
7 Key Design Philosophies
1. Distributed Model (Modular Design)
2. Business logic be Exposed
3. Lock Down Aspects of Model
4. Reuse where Possible - Maximise ROI
5. Iterative Implementation
6. Agile With Controls
7. Users are core to Design (its not our model
– its theirs)

8. TM1 – Vendor
Engagement

9. Lessons learnt – Business
Engagement
 Business engagement
 Governance
 Partner from concept to delivery

10. Lessons Learnt - Projects
 Agile with Controls get best results
 Avoid Quick Fixes
 High Standards apply to even small
models
 Should never be too busy to overlook
housekeeping
 Focus on Quality
 Metadata Management – Resilient
Dimensions

11. Benefits to Macquarie
Bank
Monthly Rolling Forecast – Deployed
in 1 month
Allocations/Recoveries – No longer a
black box
Less processing /More analysis
Power to imagine next level
Validated Time/Cost Savings

12. Questions