{
  "docId": "019dd923-5e88-73ef-bd5e-50b51fc69fb9",
  "docSlug": "c0adba4d960d7ebb",
  "documentTitle": "2025 12 Capital Markets Day",
  "authorId": "Deutsche-Boerse",
  "authorName": "Deutsche Börse Group",
  "documentKindSlug": "consulting-deck",
  "documentKindLabel": "Consulting deck",
  "sourceTypeSlug": "strategy_consulting",
  "sourceTypeLabel": "Strategy consulting",
  "presentationDate": null,
  "orientation": "landscape",
  "aspectRatio": 1.778,
  "pageNumber": 15,
  "pageCount": 83,
  "prevPage": 14,
  "nextPage": 16,
  "slideType": "market_landscape",
  "function": "size_opportunity",
  "density": "overcrowded",
  "nDataPoints": 0,
  "notes": "Uses a split-screen layout to contrast external market drivers with internal strategic focus areas.",
  "elementsJson": [
    "bullet_list",
    "icon_grid",
    "infographic"
  ],
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019dd923-5e88-73ef-bd5e-50b51fc69fb9/15",
  "deckHref": "/decks/019dd923-5e88-73ef-bd5e-50b51fc69fb9",
  "deckJsonHref": "/decks/019dd923-5e88-73ef-bd5e-50b51fc69fb9.json",
  "deckAnchorHref": "/decks/019dd923-5e88-73ef-bd5e-50b51fc69fb9#slide-15",
  "components": [
    {
      "bbox": null,
      "kind": "callout",
      "text": "Significant tailwinds ... offering ample opportunities for us",
      "attrs": null,
      "subkind": null,
      "toolName": "Visual emphasis",
      "toolSlug": "visual-emphasis",
      "confidence": null,
      "componentId": "019dd952-6675-7395-a8ae-64aedc2241de",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.1,
        "w": 0.45,
        "x": 0.03,
        "y": 0.28
      },
      "kind": "list",
      "text": "Pension / Retail: Improvements to channel savings into productive investment to lead to significant increase in (retail) capital demand over time",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "1e79c3c7-85b9-4061-b946-d6e5b867c9b7",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.08,
        "w": 0.45,
        "x": 0.03,
        "y": 0.8
      },
      "kind": "list",
      "text": "Consolidation / market penetration: Steps towards a single market with higher supervisory alignment and strengthening of infrastructure",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "4a9123c1-cec4-4277-afd2-cf3e540af8d4",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.08,
        "w": 0.45,
        "x": 0.03,
        "y": 0.56
      },
      "kind": "list",
      "text": "Regulatory opportunities: Tailwinds from regulatory mandates, e.g., shaping active account, EU ETS 1&2 tenders",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "7d8b9b00-7f76-4f3e-b70d-f359bbeada7e",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.1,
        "w": 0.45,
        "x": 0.03,
        "y": 0.42
      },
      "kind": "list",
      "text": "Flows: Step-up of long-term flows into EU equites and funds, driven by geopolitical uncertainty, macro, economic / valuation differentials and performance",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "aea64c9c-3f2e-4722-b74b-ea05f7ed4f4e",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.08,
        "w": 0.45,
        "x": 0.03,
        "y": 0.68
      },
      "kind": "list",
      "text": "EU autonomy: Ongoing support to strengthen liquidity in home markets (e.g. EMIR 3.0) and ecosystems (e.g. WIN for German IPOs/venture capital)",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "b13db104-8f84-427a-b630-e0d8a557a850",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.6,
        "w": 0.45,
        "x": 0.52,
        "y": 0.28
      },
      "kind": "table",
      "text": "B2B2C momentum, Investment Management Solutions, Home of the Euro yield curve, Securities Services, Overall flow momentum, Trading & Clearing, Clearstream Europe, Fund Services, Funds",
      "attrs": null,
      "subkind": "data",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "64063e1b-2c6d-475f-bfc0-137dd9725fa4",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.04,
        "w": 0.4,
        "x": 0.03,
        "y": 0.12
      },
      "kind": "title",
      "text": "Opportunities far beyond 2028",
      "attrs": null,
      "subkind": "action-title",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "f26a71cc-d4f7-4ef0-8ede-a17df75a2b95",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.6,
        "x": 0.03,
        "y": 0.06
      },
      "kind": "title",
      "text": "The European capital markets transformation",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "6bf00e08-7c72-4217-a7a7-1f77fd93a295",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [
    {
      "name": "List presentation",
      "slug": "list-presentation",
      "agent": null,
      "layer": "slide",
      "matchId": "0761c8a7-8a39-424b-aef3-deca77754b1e",
      "evidence": "list/bullet: Flows: Step-up of long-term flows into EU equites and funds, driven by geopolitical uncertainty, macro, economic / valuation differentials and performance",
      "confidence": 0.7
    }
  ],
  "frameworks": [
    {
      "name": "before-after-framing",
      "slug": null,
      "matchId": "e228419d-713a-4ae1-a9db-dc024004edf6",
      "evidence": "Contrasts 'Significant tailwinds' with 'offering ample opportunities for us'",
      "confidence": 0.8
    }
  ],
  "arcBeats": [
    {
      "to": 20,
      "from": 10,
      "beatId": "f6eea784-5213-4f84-b252-aa0965f09c9c",
      "arcName": "Monroe's Motivated Sequence",
      "arcSlug": "monroes-sequence",
      "beatName": "Satisfaction",
      "beatSlug": "monroes-sequence-satisfaction",
      "evidence": "The document presents the group's strategic framework and growth opportunities, satisfying the audience's need for information.",
      "position": 2,
      "confidence": 0.8,
      "parentBeatName": "Turn",
      "parentBeatSlug": "turn"
    }
  ],
  "loops": [
    {
      "to": 20,
      "from": 10,
      "name": "Pattern Hunter",
      "slug": "02-pattern-hunter",
      "bestFor": "Time-pressed audiences, building consensus, when data is strong",
      "matchId": "12b75e51-2ff6-4a73-b330-a12918b95886",
      "evidence": "The document presents a clear pattern of growth and opportunities across various segments.",
      "position": 0,
      "objective": "To identify patterns and opportunities for growth",
      "structure": "Evidence A -> Evidence B -> Evidence C -> Pattern/Conclusion",
      "confidence": 0.6,
      "description": "Group multiple pieces of evidence that together point to a pattern or conclusion"
    }
  ],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}