About Capita

Financial services and Capita:

Capita is one of the best long term performing companies within the FTSE 100. This track record has been built on the central commitment to providing exceptional, service-based outsourcing solutions. Most sectors of the UK economy feature successful companies that have embraced Capita’s unique capabilities. Active within the private and public sectors including central and local government, Capita serves the following markets - Education, Transport & Health, Life & Pensions, Insurance & Financial Services.

Some highlights from the business:

• £30bn collectives/unit trusts under management
• Registrar for 60% UK’s PLC’s
• 15 million policies
• 4.5 million pensions
• Back office administration for 450 funds
• Suite of industry leading adviser tools
• 30,000 financial adviser software customers

1. Independent and trusted in the industry

   Many institutions and financial adviser firms choose Capita because of their independence. Capita works with many Life Offices and Product Providers but is not directly owned or influenced by any part of the industry.

   As the largest business process outsourcing company, Capita has close relationships with many key players in financial services. Here are some of the companies who rely (to differing degrees) on the administration and infrastructure managed by Capita on their behalf.



2. Trusted by financial advisers

   Capita Financial Software has over 30,000 existing customers who use its technology and software solutions on a day-to-day basis:
   
   Quay Software – 6,500 subscribers
   Webline – 19,000 users, 8,000 firms
   Synaptic Systems – 10,000 subscribers
   
3. Financial strength
   
   Capita is one of the best performing FTSE 100 companies:
   
   
   • Turnover for six months leading up to 30 June 07 was £985 million (20% YOY increase)
   • Operating profit was £118.9 million (17% increase YOY)

4. Technology

   Capita assist in the administration of many of the key players in the financial services industry. Names include Zurich, Prudential, Met Life, Scottish Widows, Lincoln and Canada Life.

   It has been a natural strategic development for Capita to wish to help develop the technological infrastructure through which the distribution of financial products is achieved. This desire led to the Enabler programme, which includes the development of Capita’s investment platform and the creation of Capita Financial Software, a company dedicated to providing the next generation of financial adviser software tools.



5. Market Knowledge

   Capita touches every part of the financial services universe.