{
  "docId": "019dd923-5e88-73ef-bd5a-fd9d9eb19354",
  "docSlug": "d348f1badc14ccc8",
  "documentTitle": "firm overview",
  "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": 10,
  "pageCount": 21,
  "prevPage": 9,
  "nextPage": 11,
  "slideType": "financial_analysis",
  "function": "quantify_impact",
  "density": "balanced",
  "nDataPoints": 18,
  "notes": "The waterfall chart shows a $1.5B increase from $15.5B to $17B, driven by specific cost factors listed in the center.",
  "elementsJson": [
    "headline_text",
    "waterfall_chart",
    "comparison_table"
  ],
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019dd923-5e88-73ef-bd5a-fd9d9eb19354/10",
  "deckHref": "/decks/019dd923-5e88-73ef-bd5a-fd9d9eb19354",
  "deckJsonHref": "/decks/019dd923-5e88-73ef-bd5a-fd9d9eb19354.json",
  "deckAnchorHref": "/decks/019dd923-5e88-73ef-bd5a-fd9d9eb19354#slide-10",
  "components": [
    {
      "bbox": {
        "h": 0.65,
        "w": 0.56,
        "x": 0.047,
        "y": 0.175
      },
      "kind": "chart",
      "text": "2024 TECHNOLOGY EXPENSE ($B)",
      "attrs": null,
      "subkind": "waterfall",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "09598899-6f65-44b9-b9b3-21fb43899e46",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.02,
        "w": 0.16,
        "x": 0.047,
        "y": 0.925
      },
      "kind": "disclaimer",
      "text": "Totals may not sum due to rounding",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "6e78a69d-1cb9-4f32-bb4f-4140e2e1c14e",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.15,
        "w": 0.2,
        "x": 0.268,
        "y": 0.385
      },
      "kind": "list",
      "text": "First Republic +$0.2; Investments +$0.5; Wage growth and inflation +$0.4; Volumes net of efficiencies +$0.5",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "de54e50f-d341-4985-b6f5-73c82bd3c3fb",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": null,
      "kind": "metric",
      "text": "Technology expense: $17B",
      "attrs": null,
      "subkind": "primary",
      "toolName": "Quantification",
      "toolSlug": "quantification",
      "confidence": null,
      "componentId": "019dd952-28ad-74ac-b4d4-aacd72f87bb4",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.65,
        "w": 0.326,
        "x": 0.626,
        "y": 0.175
      },
      "kind": "table",
      "text": "2024 TECHNOLOGY INVESTMENTS ($B)",
      "attrs": null,
      "subkind": "data",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "9b332517-421c-4c4b-a83b-200780be3acf",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.035,
        "w": 0.56,
        "x": 0.047,
        "y": 0.078
      },
      "kind": "title",
      "text": "Our 2024 Firmwide technology expense outlook is ~$17B",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "3ecbde38-702d-405e-b6fa-5bf594fdab62",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [
    {
      "name": "Waterfall chart",
      "slug": "waterfall-chart",
      "agent": null,
      "layer": "slide",
      "matchId": "858fdf98-8f30-4323-b342-172bc9633f26",
      "evidence": "chart/waterfall: 2024 TECHNOLOGY EXPENSE ($B)",
      "confidence": 0.8
    }
  ],
  "frameworks": [],
  "arcBeats": [
    {
      "to": 14,
      "from": 9,
      "beatId": "49f97876-4c51-4c00-8b19-db93a2166280",
      "arcName": "The Consultant's Gambit",
      "arcSlug": "consultants-gambit",
      "beatName": "Evidence & Proof",
      "beatSlug": "consultants-gambit-evidence-proof",
      "evidence": "The document provides financial analysis and data to support the firm's performance.",
      "position": 2,
      "confidence": 0.8,
      "parentBeatName": "Evidence",
      "parentBeatSlug": "evidence"
    }
  ],
  "loops": [
    {
      "to": 14,
      "from": 9,
      "name": "Mece Breakdown",
      "slug": "40-mece-breakdown",
      "bestFor": "Problem structuring, ensuring completeness, strategic analysis",
      "matchId": "aa71ce4b-0d9a-48ba-8003-94102d225441",
      "evidence": "The document provides financial analysis and data.",
      "position": 1,
      "objective": "How does the firm's financial performance break down?",
      "structure": "The Whole -> Category A (distinct) -> Category B (distinct) -> Category C (distinct) -> Complete Coverage",
      "confidence": 0.6,
      "description": "Divide a complex topic into mutually exclusive, collectively exhaustive categories"
    }
  ],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}