The counterparty lens — spend, terms and supply risk, with the cash and continuity move for each partner.
Paying to terms frees $39M of cash at no cost to profit — DPO sits at 21d vs the 45-day target. Capture it, dual-source the 2 at-risk suppliers, and consolidate the top tier before lead times stretch.
3 of 4 headline metrics improving vs prior · still off target: Revenue $3.83B vs $4.10B
Fund Admin System & Risk Engine carry medium+ supply risk and softer delivery — a single stretch in lead times can stall installs.
$39M of cash stays in the business by moving DPO from 21d to the 45-day target on $135.95000000000002M of spend — no hit to margin.
SEBI ($37.5M) and Market Data Provider ($33.99M) are 53% of spend — concentrating volume earns rebates and priority allocation.
$135.95000000000002M of equipment runs through six partners. This view turns that into two moves: a $38.98356164383563M cash release from paying to terms, and a dual-source plan for the 2 suppliers whose delivery risk could stall installs.
Two partners are 53% of spend — the negotiation priorities.
Each card: spend, reliability and the specific move.
Spend, score, delivery, terms and risk.
| Supplier | Category | Spend | Score | OTIF | RMA | DPO | Risk |
|---|---|---|---|---|---|---|---|
| SEBI | Video Surveillance | $37.5M | 91 | 96% | 1.2% | 45d | Low |
| Market Data Provider | Fire & Access | $33.99M | 88 | 93% | 1.6% | 42d | Low |
| Fund Admin System | Critical Comms | $24.03M | 85 | 90% | 2.1% | 38d | Medium |
| Risk Engine | Video Surveillance | $15.82M | 83 | 89% | 2.4% | 36d | Medium |
| CRM | Video VMS | $13.48M | 87 | 95% | 1% | 40d | Low |
| Portfolio Management | AV / Collaboration | $11.13M | 86 | 92% | 1.4% | 44d | Low |