Citibank eBusiness

1
Citibank e-Business

• Presentation to David F. Conroy
• February 8, 2001

2
Agenda

• Citibank e-Business Organization
• e-Market Models
• e-Trade Initiatives

3
Citibank e-Business e-Solutions
Dardo Sabarots
Ann Cairns, Luis Matute, Anita Sabatino
Sam Borenstein
Global Business Management
Crossmar
e-Solutions
4
e-Business Alliance Framework
Treasury of the Future
Customer
Financial Services
Marketplaces
Distribution and Procurement Management
5
FinancialSettlementMatrix

• description
• FSMx is an infrastructure to allow e-commerce
  transactions to be processed and routed to any
  bank or financial service provider for
  settlement. FSMx is a separate company formed by
  Citi and a number of prominent e-commerce
  partners.
• process flow
• Customers generate transactions within various
  marketplaces.
• The marketplace sends the transaction to FSMx,
  who validates it and routes it to the appropriate
  financial institution.
• customer benefits
• Neutral router of transactions
• Customers register once with FSMx and can
  participate in multiple marketplaces

Public Exchange (C1/SAP)
Citibank

• Registration
• Entitlement
• Transaction Initiation
• Data Validation
• Value Added Services
• Settlement
• Risk Management
• Information Management

Private Exchange (Trade Matrix)
Wells Fargo
Vertical Exchange (Oracle)
FSP (eEscrow)
FSP (GMAC)
Horizontal Exchange (Ariba)
6
Citibank e-Market Models
Leading ERP Packaged Software (Procurement,
Sales, Financials) Embedded Solution
Marketplace or Exchange
Marketplace or Exchange
Marketplace or Exchange
FinancialSettlementMatrix
Citibank
Financial Institution 2
Financial Institution 3
Citibank
Wells Fargo
Financial Institution 3

• ERP Packaged Software Strategy
• Citibank will embed its suite of settlement and
  value added financial services into the
  customer-facing commerce suite of leading ERP
  systems and packaged software solutions
• The embedded Citibank solution will be accessible
  via ERP and packaged software systems, and will
  have built-in connectivity to Citibanks internal
  systems to execute transactions
• All ERP and packaged software installations will
  then become prime candidates for leveraging
  Citibanks embedded solutions
• Alternatively, Citibank will also provide hosted
  solution for settlement and value-added services
  for custom-built systems and web sites.

• Marketplace Exchange Strategy
• FinancialSettlementMatrix will provide a hosted
  solution for settlement and value-added financial
  services - will be accessible real time over the
  internet to such exchanges
• FSM will obtain registration information of
  marketplace participants from the exchanges
  and/or participants
• FSM will then transmit the instruction to the
  appropriate member bank for processing
• FSM is a hosted solution and will make available
  same set of Citibank services as the ERP and
  packaged software system solutions

7
Orbian

• description
• Orbian is a channel finance and payment solution
  that allows businesses to trade on better terms.
  Buyers of Orbian can issue an Orbian Credit which
  is a secure form of payment used by buyers to
  settle commercial transactions with their
  suppliers. A supplier receiving an Orbian Credit
  can discount it immediately to receive cash.
• process flow
• Once the corporation has approved the suppliers
  invoice they instruct Orbian to issue Orbian
  Credits into the suppliers Orbian account. Both
  corporation and supplier need to be members of
  Orbian to pay, or be paid in Orbian Credits.
• customer benefits
• Increased liquidity
• A solution to the problem of late payment
• A tool for improving trading relationships
  between buyers and suppliers.

8
Citibank Commitment

• Global reach - local knowledge
• Leading in online security
• Existing transaction processing capability in
  over 100 countries
• Commitment to providing global reach for online
  transactions
• Large capital base coupled with CEO-level
  strategic commitment to excel in e-commerce
  services
• Focus on technology industry solutions, not just
  technologies
• Committed to partnerships