Closing Remarks Derek Titterington – Asia Pacific Sales Director, TeamMate

Agenda TeamMate: the 10-year view Data Analytics Wrap Up & Next Year’s Forum…

5 Years of Increased Commitment TeamMate joined Wolters Kluwer in November 2007 Our global staff has more than tripled Our number of users has doubled In the last 12 months: 39% increase in Support Staffing 28% increase in Development & QA Staffing Our development and support budget has increased 72% in the last 2 years

TeamMate 5 Years with WK Staff 1,200 Clients 2 dedicated trainers No content Staff 2,200 Clients 22 dedicated trainers Over 10,000 audit steps, risks and controls TeamMate was acquired by Wolters Kluwer in November 2007

The Next 5 Years: Growing Investments Continuous improvement in product and service quality The release of TeamMate CM The release of TeamMate NextGen Additional content Continued commitment to Innovation Continued global expansion (help desks, local language support) Expansion into key adjacencies

In which of the following areas would you most like to see increased investment applied? Polling Slide #1: Investment Priorities 1.Continued Content expansion (including Risk and Control Libraries) 2.Continued Development of functionality for tablets and smart phones 3.Continued enhancement of our end-user support infrastructure 4.Acceleration of a complete web-based system (Next Gen) 5.Adding additional features to TeamMate EWP 6.Adding increased reporting functionality to TeamCentral

Of the following: with which function do you spend the most time? Polling Slide #2 1.IT 2.Finance & Admin 3.Risk 4.Compliance 5.Legal 6.Audit Committee

Data Mining/Analytics Survey Survey conducted in September 2012 Over 800 responses Survey established a baseline and confirms – The use of data mining is top-of-mind for most audit departments – Most IA groups still in initial maturity stages

Data analytics has risen to #1 tool for expected increase

TeamMate Technology Maturity Model Audit scheduling tool Automated work papers Data retrieval used on most audits Custom data mining / data analytics Initial ad hoc data mining Risk assessment tools Continuous controls testing and monitoring Formal technology strategy Standalone automated testing routines, e.g. fraud Online training programs available on demand Issues availability, tracking updating by management Intranet for audit knowledge sharing, training, and access to tools Automated sharing of audit programs and files Fully integrated audit management system Files, etc., in electronic format Highly skilled data team Technology specialist(s) Drill-down dashboards of all key audit activity Reusable programs and checklists Initial use of CAATs Access to external risk and control databases Continuous risk assessment Quality assessment tool Use of technology a core competency Expanded technical training for staff Expanded suite of data tools

The Baseline for Data Mining Data Analytics When asked to indicate their level of maturity in their use of data mining and analytics, using the TeamMate Maturity Model categories: Half of respondents position themselves in the Initial stage of maturity A third classify themselves as Adequate Only 17 organizations (2%) say they have achieved an Optimized level of maturity

TeamMate Maturity Model with Respondents Data Mining Maturity Key Insight: there appears to be significant opportunities for many internal audit organization's to gain value through maturing the level of their use of data mining

Uses of Data Mining Data Analytics When asked which technology tools they expect to use to a greater extent over the next two years, survey respondents pointed to data analytics as the #1 tool they expect to increase their use of Risk assessment tools, which had been #1 in the 2011 survey, moved to #2 Issues tracking tools moved from #2 to #3 Key Insight: this data reflects a priority on data tools, which can lead to a focus on applying data mining to risk assessments

Where would you like to have the AP 2013 User Forum? Polling Slide #3 1.Bangkok 2.Singapore 3.Kuala Lumpur 4.Manila 5.Hong Kong 6.Bali 7.Phuket

End of Support for TeamMate Version XX 1.The table below shows the actual end of help desk support dates End of Life x 31 December 2012 (extended from 31 August 2012) x 30 September x 31 July x 28 Feb x 31 July In addition you should be aware that R10.3 (Q1 2013) will NOT be compatible with either IE7 or Office 2003