Investor Presentaiton
The network effect inherent in PEXA's business model is a key driver of
take-up on PEXA Exchange.
•
Benefits of network effects
The value of PEXA to its members increases as more members join the
platform driving organic growth
As the number of Members increase, the
probability that a transaction can be completed
on PEXA also increases, driving higher volumes
More transactions
on the PEXA Exchange
As PEXA utilisation grows,
advocates for PEXA drive
further take-up
Member advocacy
drives
take-up
More Practitioners
on the PEXA Exchange
Each new Member increases the value of
the network because of the ability for
existing Members to transact more
frequently without additional set up costs or
effort
Higher relative costs
for paper-
based transactions
As the number of digital transactions
increase, the higher the unit costs for paper-
based transactions, which in turn accelerates
participants towards digital settlement
.
PEXA already counts the majority of Financial Institutions as Members,
~95% market share in refinances in August 2018
As more PEXA Exchange Transactions are conducted, PEXA is able to
deliver greater benefits to Members through continuous innovation -
a natural cycle of positive network enrichment.
Note: 1. In the Australian states where PEXA is active. 2: Based on annualised data for May 2018. 3: PEXA data and estimates
XPEXA
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