{
  "docId": "019dd923-5e88-73ef-bd5a-a9eff67dbec3",
  "docSlug": "c865bb3b7d0689de",
  "documentTitle": "Consolidated Full Presentation",
  "authorId": "JPMorgan",
  "authorName": "JPMorgan Chase & Co.",
  "documentKindSlug": "consulting-deck",
  "documentKindLabel": "Consulting deck",
  "sourceTypeSlug": "equity_research",
  "sourceTypeLabel": "Equity research",
  "presentationDate": null,
  "orientation": "landscape",
  "aspectRatio": 1.778,
  "pageNumber": 178,
  "pageCount": 242,
  "prevPage": 177,
  "nextPage": 179,
  "slideType": "business_case",
  "function": "quantify_impact",
  "density": "overcrowded",
  "nDataPoints": 6,
  "notes": "Uses a 'Before-After-Bridge' or 'Current-Future-Growth' narrative structure.",
  "elementsJson": [
    "headline_text",
    "icon_grid",
    "bullet_list",
    "bar_chart_vertical",
    "footnote"
  ],
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019dd923-5e88-73ef-bd5a-a9eff67dbec3/178",
  "deckHref": "/decks/019dd923-5e88-73ef-bd5a-a9eff67dbec3",
  "deckJsonHref": "/decks/019dd923-5e88-73ef-bd5a-a9eff67dbec3.json",
  "deckAnchorHref": "/decks/019dd923-5e88-73ef-bd5a-a9eff67dbec3#slide-178",
  "components": [
    {
      "bbox": null,
      "kind": "callout",
      "text": "We see strong near-term growth from extending our market-leading FX payments capabilities, in partnership with our Markets business",
      "attrs": null,
      "subkind": null,
      "toolName": "Visual emphasis",
      "toolSlug": "visual-emphasis",
      "confidence": null,
      "componentId": "019dd952-28ad-74ac-b4c8-ad895870aee9",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.45,
        "w": 0.3,
        "x": 0.66,
        "y": 0.3
      },
      "kind": "chart",
      "text": "Firmwide Payments FX Revenue growth from 2017 to 2022 to Target ($1B)",
      "attrs": null,
      "subkind": "bar-vertical",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "df66e970-6c85-46ac-b663-62b1955279f2",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.4,
        "w": 0.25,
        "x": 0.37,
        "y": 0.32
      },
      "kind": "list",
      "text": "Global Mass Pay for Corporates: Helping platforms and marketplaces facilitate millions of low-value transactions. FX-as-a-Service for FIs: Giving traditional banks a white-label solution and fintechs APIs.",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "7a08f69e-d18f-45ad-bc30-99ade533a269",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.25,
        "w": 0.3,
        "x": 0.05,
        "y": 0.51
      },
      "kind": "list",
      "text": "Joint product development and deep partnership between Payments and Markets. New Transact platform in Markets enables Corporates to proactively hedge and manage FX exposures. Consistent double digit revenue growth with both CIB and CB clients",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "c97beee4-6bfa-41bc-8281-c16d0791b79d",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.08,
        "w": 0.1,
        "x": 0.06,
        "y": 0.275
      },
      "kind": "metric",
      "text": "~120 Currencies",
      "attrs": null,
      "subkind": "big-number",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "40e52000-7905-4a5f-bffa-2899267464f1",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.08,
        "w": 0.1,
        "x": 0.2,
        "y": 0.275
      },
      "kind": "metric",
      "text": "~160 Countries",
      "attrs": null,
      "subkind": "big-number",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "51422aad-5485-441a-8a5a-5df5720ef938",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.08,
        "w": 0.1,
        "x": 0.2,
        "y": 0.38
      },
      "kind": "metric",
      "text": "~$190B Annual FX Payments Flow",
      "attrs": null,
      "subkind": "big-number",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "8cdb8ca3-793b-4985-8848-f80bc96a4516",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.08,
        "w": 0.1,
        "x": 0.06,
        "y": 0.38
      },
      "kind": "metric",
      "text": "7k+ Clients",
      "attrs": null,
      "subkind": "big-number",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "b56663dc-733d-4159-8c1f-e06e8703971f",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": null,
      "kind": "metric",
      "text": "Firmwide Payments FX Revenue: $1B",
      "attrs": null,
      "subkind": "primary",
      "toolName": "Quantification",
      "toolSlug": "quantification",
      "confidence": null,
      "componentId": "019dd952-28ad-74ac-b4c8-b1414b926ee8",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.4,
        "x": 0.05,
        "y": 0.9
      },
      "kind": "source-note",
      "text": "1 Portion of Firmwide Payments FX revenue is shared with the Markets business. 2 Target growth rates go out no further than 2025",
      "attrs": {
        "numbered": true
      },
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "8844d3ab-26d2-4163-bfde-c26be9e80436",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.06,
        "w": 0.85,
        "x": 0.047,
        "y": 0.08
      },
      "kind": "title",
      "text": "We see strong near-term growth from extending our market-leading FX payments capabilities, in partnership with our Markets business",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "f2655f35-0a3f-4142-83e4-fcb741d514eb",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [
    {
      "name": "Waterfall chart",
      "slug": "waterfall-chart",
      "agent": null,
      "layer": "slide",
      "matchId": "e6e1df65-010d-430c-a60f-f5416095cec1",
      "evidence": "chart/waterfall: Firmwide Payments Revenue waterfall chart",
      "confidence": 0.9
    }
  ],
  "frameworks": [
    {
      "name": "before-after-bridge",
      "slug": null,
      "matchId": "08aed486-a4f2-4cd2-b4aa-85920dee8ca4",
      "evidence": "The slide structure moves from current state to future opportunities to projected growth.",
      "confidence": 0.8
    }
  ],
  "arcBeats": [
    {
      "to": 242,
      "from": 21,
      "beatId": "52233aba-c04c-4af0-8bc9-4024999b8641",
      "arcName": "Monroe's Motivated Sequence",
      "arcSlug": "monroes-sequence",
      "beatName": "Satisfaction",
      "beatSlug": "monroes-sequence-satisfaction",
      "evidence": "The document provides satisfaction by presenting the firm's strong track record, diversified business model, and commitment to advancing a sustainable and inclusive economy.",
      "position": 2,
      "confidence": 0.8,
      "parentBeatName": "Turn",
      "parentBeatSlug": "turn"
    }
  ],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}