Sai Global Case Study

SAI Global

GICS Industry Group: Commercial & Professional Services

Principal Activities: Business Publishing, Professional Services and Assurance Services.

SAI Global Limited is an applied information services company that helps organisations manage risk, achieve compliance and drive business improvement through technical and business information services, compliance and assurance divisions. Products and services are based on a collection of more than 6,500 Australian Standards, in addition to foreign standards, International Standards and other business improvement methodologies.

Information Services:

- Distributing technical and business information such as Standards, legislation other technical information

- Providing internally developed intellectual property such as bibliographic databases and property certificates

- Providing conveyancing and lending work flow solutions.

Compliance:

- Solutions and services in the areas of compliance, regulation, ethics, risk management and corporate governance solutions.

- News feeds, alerts and databases covering key compliance and regulatory topics

- Governance, risk and compliance (GRC) solutions that catalogue, monitor, update, notify and manage a company's operational GRC needs

- E-learning courseware providing both audit and compliance learning management capability

- Whistleblower and related case management and incident reporting services.

Assurance Services:

- Assessing system and product conformity to international and locally based Standards, supported by the "five ticks" StandardsMark

- Providing tools for improving critical business processes

- Providing Standards related training and business improvement solutions

Foreign currency exposure

Another factor for analyst to examine when considering a company's debt structure is the mix a currencies within the borrowings. Normally, a company which has overseas assets or revenue will attempt to remove or reduce the currency exposure by maintaining a similar level of debt in that currency. However, the analyst should question the use of foreign currency borrowings where the company in question has no foreign currency asset or revenue exposure. This may be a legitimate strategy if all such foreign currency borrowings have been