before I joined, was the first of many examples to follow of First Data's ability to execute from concept to commercialization, at scale. We brought Clover's integrated point-of-sale operating system to market in II months. After Clover, we acquired five additional innovative commerce technology start-u

to execute from concept to commercialization, at scale. We brought Clover's integrated point-of-sale operating system to market in II months. After Clover, we acquired five additional innovative commerce technology start-ups. and we now have nearly 200 employees in Silicon Valley and Silicon Alley. Bu

Our Clover Operating System We acquired Clover. an open architecture, integrated POS operating system, in December 2012. At the time of acquisition, Clover had less than a dozen employees, none or only partially developed software, hardware options, and distribution strategy. Since then, we have grown

can service a broad array of business client& Within Clover, we also offer a cloud-based Clover App Market for business applications. Our goal with Clover is to create the largest open architecture platform of commerce-enabling solutions and applications for business owners. We believe we can achieve t

interact with thcir customers, and manage their operations. These solutions include, among others, POS, mobile and online payment acceptance and the Clover operating system for business clients, and debit processing, STAR Network and online banking for financial institution clients. We Have a Large and

hone did for the consumer. Clover has not yet had an opportunity to have a material impact on our financial performance to date, but we believe that Clover can play a significant role in our future growth. • Insightics-an innovative cloud-based software that unlocks the power of big data behind paymen

are building our distribution capabilities through partnerships with banks and non-bank partners to penetrate the market, and we plan to launch our Clover operating system, eCommerce sr:vices, and other commerce-enabling solutions in 2015 and 2016. In Mexico, First Data established a revenue sharing a