Agenda

Agenda

07.30

BREAKFAST BRIEFING - HOSTED BY IBM

The briefing is invitation only event. If you would like to apply for a place, please contact Alice Eades | [email protected]

Making GRC everyone's business

The market is demanding more participation from all lines of defense, customers are demanding new use cases to be delivered faster and executives are looking for a single view of risk throughout the institution for all users. IBM is investing in GRC solutions to deliver on these needs which continue to define the ever evolving needs of GRC.   In this session, we’ll discuss new advancements in GRC that are making GRC accessible to everyone and delivering value across the business.

Dave Marmer, vice president, offering management, IBM
Alex Jones, offering manager, IBM Watson OpenScale

08:00

REGISTRATION & CONTINENTAL BREAKFAST

08.50

WELCOME REMARKS: Kris Devasabai, editor-in-chief, Risk.net

09:00

OPENING KEYNOTE SESSION ON GEOPOLITICAL RISK

Financial volatility and geopolitical risk - Robert Engle, Michael Armellino professor of management and financial services, director, The Volatility Institute, NYU Stern and 2003 Nobel Prize Winner in Economics

Geopolitical risk management - Ben Golub, chief risk officer, Blackrock

Related reads: Country and Political Risk: Second Edition- Edited by Sam Wilkin

10:00

PANEL DISCUSSION: Risks in 2020 and beyond

  • How do you identify and assess emerging risks?
  • How do you integrate non-financial threats like climate change, geopolitical turmoil and social unrest into your risk management framework?
  • How do you manage the risks associated with the use of big data, machine learning and AI in finance? 
  • What will cause the next downturn and how are you getting ready for it?

Moderator: Kris Devasabai, editor-in-chief, Risk.net
Prasanna Someshwar, chief risk officer, global wealth management, J.P. Morgan Private Bank
Daniel Moore, chief risk officer, Scotiabank
Joseph Iraci, managing director, financial risk management, chief risk officer, futures and forex, TD Ameritrade

Related reads:
Yield curve fitting with artificial intelligence: a comparison of standard fitting methods with artificial intelligence algorithms- Achim Posthaus 
Managing Operational Risk: New Insights and Lessons Learnt- Michael Grimwade
Operational Risk Perspectives: Cyber, Big Data and Emerging Risks- D R Maurice and Jitendra Rathod
Systematic Operational Risk: Theory, Case Studies and Regulation – Patrick McConnell

10:40

FIRESIDE CHAT: Why is it so hard to say goodbye to Libor? Assessing problems ahead and solutions in progress

Interviewed by: Robert Mackenzie Smith, editor, US asset management, Risk.net
Jason Granet, head of firmwide LIBOR transition efforts, Goldman Sachs

11:10

MORNING BREAK AND KNOWLEDGE CAFÉ

Grab a coffee and join a table of your choice in the exhibition area to share ideas and network with fellow industry professionals.

  • Managing non-financial risks -  Led by: Richard Berner, clinical professor of finance, NYU Stern School of Business
  • Enterprise risk analytics: tackling financial and non-financial risksLed by: Fabrice Fiol, managing director enterprise risk management Americas, deputy head, Societe Generale
  • Quant strategies in fixed income - Led by: Dmitry Green, chief risk officer, Mariner Investment Group

Stream 1: stress testing & capital planning

11:50

PANEL DISCUSSION: Volatility and political risk: how do you integrate geopolitical uncertainty into stress testing and scenario analysis?

Moderator: Jay Newberry, lecturer, ERM program, Columbia University
Joseph Iraci, managing director, financial risk management, chief risk officer, futures and forex, TD Ameritrade
Paul Diouri, head of risk, Americas group risk, Schroders
Gauthier Serruys, senior director, stress testing and portfolio risk Initiatives, CIBC
Charles Fishkin, adjunct faculty, Bernard M. Baruch College of The City University of New York

12:20

PRESENTATION: Stress testing 2.0, beyond regulatory compliance

  • Strategic value of a sound scenario-based risk and finance analysis system
  • Increased efficiency, flexibility, and scalability
  • Achieving strategic advantage and maximizing return on investment

Wei Chen, director, global risk consulting, risk research and quantitative solutions, SAS Institute

Stream 2: credit risk

11:50

PANEL DISCUSSION: Deploying new tools in credit risk management

  • How can AI and machine learning be used to enhance credit risk management?
  • Overview of the latest solutions for rating assignment, workflow, early warning and industry analysis
  • How effective are these tools? How to successfully implement them in your credit group?

Moderator: Sid Dash, research director, Chartis Research
Jimmy Yang, managing director, credit & operational risk analytics, BMO Financial Group
Agus Sudjianto, head of corporate model risk, Wells Fargo
Sven Sandow, managing director, head of credit capital and ratings analytics, Morgan Stanley

12:30

PRESENTATION: A forensic analysis of the allowance for loan losses in unconditionally cancellable credit cards portfolios

José Canals-Cerdá, senior special advisor, supervision, regulation, and credit, Federal Reserve Bank of Philadelphia

Stream 3: market risk

11:50

PANEL DISCUSSION: The Basel committee’s final FRTB guidelines: strategies for effective implementation and management

  • Solving FRTB backtesting and P&L attribution test puzzle
  • Choosing between internal and standardized approaches
  • Assessing a viability of business lines  that are the most vulnerable under a new regulation 

Moderator: Elena Guz, executive director, global FRTB program manager, Morgan Stanley
Justin Yurchak, executive director, global head of the FRTB program, Morgan Stanley
Eugene Stern, global market risk product manager, Bloomberg
Xiaobo Liu, managing director, head of markets model validation, Wells Fargo

Related read: The implicit constraints of Fundamental Review of the Trading Book profit-and-loss-attribution testing and a possible alternative framework- Alessandro Pogliani, Federico Paganini and Marilena Rat

12:30

PRESENTATION: FRTB (TB & CVA) & stress-testing: using cloud to reduce regulatory risk and cost

  • Why has FRTB been so challenging for the industry to agree and execute?
  • How can programmable cloud offer both reduced risk and cost?
  • How can firms exploit commonality across regulations to further improve efficiency?

Andrew Aziz, global head, financial risk analytics, IHS Markit

Related read: Credit portfolio stress testing using transition matrixes- Radu Neagu, Gabtiel Lipsa, Jing Wu, Jake Lee, Stephane Karm and John Jordan

Executive suite: organizational structure of risk function

*Invite only*

11:50

Extended session on reinventing risk management function in the fourth industrial revolution

How do you achieve right synergies in the risk management group and beyond?

  • How is your risk function organized? What is the best way to organize a group in the current ecosystem?
  • How is the fourth industrial revolution changing the risk function?
  • Do you have the right talent and skill-sets in your group? What would you like to see more/less of your team?
  • How can the risk management function collaborate with other teams such as quants, IT, trading, etc.?

Moderator: Jasmine Burgess, head of risk USA, Brevan Howard
Amy Wierenga, chief risk officer, Blue Mountain Capital
Judith Hilton, managing director, chief risk officer, DWS Americas
Alec Crawford, partner & chief investment risk officer, Lord Abbett
Marco Ossanna, chief risk officer, US FCM, HSBC

An interactive panel – Ask your questions on Sli.do!

1:10

SIT DOWN LUNCH AND NETWORKING

Lunchtime interactive roundtables:

  • Working together: how can risk managers communicate effectively with their 1st line businesses? - Led by: Rodney Sunada-Wong, chief risk officer, U.S. institutional broker-dealer, U.S. and Mexican derivatives swaps dealers, market, credit, operational and liquidity risk, Morgan Stanley
  • CECL 2020: outstanding challenges before the deadline - Led by: José Canals-Cerdá, senior special advisor, supervision, regulation, and credit, Federal Reserve Bank of Philadelphia
  • How collateral scarcity reshaped the US yield curve – Led by: Manmohan Singh, senior economist, International Monetary Fund
  • Operational resilience, remediation and response rubrics: best practices for crisis management teams and executive engagement to mitigate reputational and regulatory risks – Led by: Aengus Hallinan, past Head of Ops Risk Credit Suisse, and Marie Giangrande, senior director, Everbridge
  • Model validation: thriving in an era of change – Led by: Liming Brotcke, model validation executive, Ally
  • Repo funding risk Led by: Dmitry Green, chief risk officer, Mariner Investment Group

Stream 1: stress testing & capital planing

2:10

PRESENTATION: Expanding the uses of CCAR beyond capital planning and loss estimation

  • Integrating the output into risk appetite, limit setting, and strategic planning

Steven Boras, executive vice president, head of risk architecture, Citizens Bank

2:50

PANEL DISCUSSION: Building an efficient global stress testing process that adds value and drives profitability while protecting the downside

Moderator: Steven Marlin, staff writer, Risk.net
Arnisa Abazi, managing director, head of wholesale stress testing and allowance, Citi
Kresimir Marusic, managing director, US head of financial planning and stress testing, Deutsche Bank
Fabrice Fiol, managing director enterprise risk management Americas, deputy head, Societe Generale
Bono Nonchev, senior quantitative analyst, FactSet

Stream 2: credit risk

2:10

PANEL DISCUSSION: Getting ready for the 2020 CECL deadline

Moderator: José Canals-Cerdá, senior special advisor, supervision, regulation, and credit, Federal Reserve Bank of Philadelphia
Kuo-Chang Lu, head of strategic planning and business, RBC Capital Markets
Stevan Maglic, senior vice president, risk analytics, Regions Bank
Jeffery Weaver, executive vice president, qualitative risk assessment, KeyCorp

2:50

PRESENTATION: Artificial intelligence in commercial lending – gimmick or game changer

Terisa Roberts, global solution lead, risk modeling & decisioning, SAS

Stream 3: market risk

2:10

PANEL DISCUSSION: Growth of central clearing: transformation of counterparty risk from multilateral to CCPs

  • Risk concentration
  • Central clearing risk management
  • Default management by CCPs
  • Recovery and resolution of a CCP
  • Conclusion – are we safer now?

Moderator: Tom Osborn, editor,  Risk.net
Marco Ossanna, chief risk officer, US FCM, HSBC
Suzanne Smore, chief risk operating officer & global head of counterparty risk, State Street Global Advisors
Raj Ramanth, executive director, JP Morgan

2:50

PANEL DISCUSSION: Capturing market risk with machine learning

  • How AI/ML might change how market risk is managed?
  • Examples of the most effective application
  • How is ML changing model risk?
  • What market risk problems still await for ML solutions?

Moderator: Ben Steiner, chief of staff, global fixed income, BNP Paribas Asset Management
Yujush Saksena, managing director and head of market risk, GE Capital
Agus Sudjianto, head of corporate model risk, Wells Fargo 
Oscar Zheng, head of global market risk model validations, BNP Paribas
Gabino Roche, Jr., chief executive officer &founder, Saphyre

Executive suite: organizational structure of risk function

*Invite only*

2:10

PANEL DISCUSSION: Succession planning  & evolving skill set: building accomplished risk management teams for the next generation

  • How do you attract and nurture new talent?
  • What qualifications are becoming scarce?
  • What does academia need to do to equip graduates with desirable skill sets?
  • How do businesses benefit from diversity of thought?

Moderator: William Raisch, executive director, International Center for Enterprise Preparedness (InterCEP), NYU Tandon School of Engineering
Manan Rawal, executive vice president, head of US model risk management, HSBC
Pamela Feldstein, chief operating officer, risk management, GE Capital
Richard Berner, executive in residence, adjunct professor,  NYU Stern School of Business

2:50

PANEL DISCUSSION: Improving the interface between the first and second lines of defense: any ideas?

Moderator: Manan Rawal, executive vice president, head of US model risk management, HSBC
Stephanie Bontemps, executive vice president, chief risk officer, First Republic Bank  
Rodney Sunada-Wong, chief risk officer, U.S. institutional broker-dealer, U.S. and Mexican derivatives swaps dealers, market, credit, operational and liquidity risk, Morgan Stanley
Michelle Beck, chief risk officer, TIAA Financial Solutions

3:30

AFTERNOON COFFEE BREAK AND NETWORKING

4:00

 

PANEL DISCUSSION: AI use cases in risk and compliance and how AI is a game-changer for risk and compliance management

Moderator: Dave Marmer, vice president, offering management, IBM
William Moran, chief risk officer, technology and head of future risks, Bank of America
Murad Nayal, global head, risk informatics, Goldman Sachs
Piyush Daiya, SWAT team lead, financial crimes insight, IBM

4:40


FOLLOW ON DISCUSSION - KEY TAKEAWAYS FROM THE EXECUTIVE SUITE

During the day, we ran a closed door session on the organizational structure of the risk function. Senior risk management executives who participated in the session will share their key takeaways from the conversations they had, including common issues organizations face and possible solutions to improve the culture and organizational structure in the risk group and beyond.

Moderator: William Raisch, executive director, International Center for Enterprise Preparedness (InterCEP), NYU Tandon School of Engineering
Stephanie Bontemps, executive vice president, chief risk officer, First Republic Bank  
Alec Crawford, partner & chief investment risk officer, Lord Abbett
Pamela Feldstein, chief operating officer, risk management, GE Capital

5:30

CHAIR’S CLOSING REMARKS: Marie Giangrande, senior director, Everbridge

5:40

DRINKS RECEPTION

7:30

BREAKFAST BRIEFING - HOSTED BY CME GROUP

The briefing is invitation only event. If you would like to apply for a place, please contact Alice Eades | [email protected]


Coping with uncleared margin rules – the tricks, traps and tools

Global uncleared margin rules require OTC derivative counterparties to post initial margin against their bilateral trades above certain notional thresholds. With many larger dealers already caught in the net, waves five and six of the rules are expected to pull in increasing numbers of buy-side firms as the threshold drops, presenting significant challenges for market participants’ risk and collateral management operations and tech capabilities.

As awareness grows of the complexities ahead, in this briefing, speakers will:

  • Share insights from a recent Risk.net survey assessing firm’s state of readiness for UMR
  • Discuss the potential impact on portfolios, profitability, strategy and resource
  • Compare and contrast the UMR strategies of in-scope banks and buy-side firms

Led by: Jack Callahan, executive director, OTC products, CME Group
Mary Harris, head of business line management North America, triResolve
Ila Eckhoff, managing director, industry and counterparty management, Blackrock
Colin Jennings, global fixed income, Citadel

*Invite only*

08:00

REGISTRATION & CONTINENTAL BREAKFAST

08.50

OPENING REMARKS: Tom Osborn, editor, Risk.net

09:00

REGULATORY KEYNOTE ADDRESS: Risk and resilience

Joshua Rosenberg, executive vice president, chief risk officer, Federal Reserve Bank of New York  

Related Reading:
Network Theory and Financial Risk- Edited by Kimmo Soramäki  and Samatha Cook 
Operational Resilience in the Financial Institutions: A Practitioner’s Guide to Business Continuity- Edited by Lyndon Bird

PANEL DISCUSSION: Bare-metal restore: is your infrastructure resilient enough to survive critical events?

  • Understanding the critical risks financial organizations are facing today
  • What internal controls need to be in place to ensure you can respond quickly to critical events
  • How do you stay one step ahead of critical events?
  • Are financial markets resilient enough? With industry players increasingly interconnected, how to test the resiliency of the entire ecosystem?
  • What are regulators expectations from individual organization and entire sector? 

Moderator: Marie Giangrande, senior director, Everbridge
William Moran, chief risk officer, technology and head of future risks, Bank of America
Aengus Hallinan, group head of operational risk and business continuity management, Credit Suisse
Mandar Rege, managing director, operational risk management, technology and cybersecurity, Citi

10.10

FOCUS ON: Diversity, inclusion and culture: why are these elements so important in building a foundation for a strong risk management team?

Moderator: Maria Leonard, executive vice president, head of risk strategy, Citizens Bank
Flora Sah, chief risk officer, data technology and enterprise initiatives, Bank of America 
Jeffery Weaver, executive vice president & director, qualitative risk assessment, KeyCorp

10:50

MORNING BREAK AND KNOWLEDGE CAFÉ

Grab a coffee and join a table of your choice in the exhibition area to share ideas and network with fellow industry professionals.

  • Many faces of cyber risk: how is the landscape of cyber attacks evolving? - Led by: Mandar Rege, managing director, operational risk management, technology and cybersecurity, Citi
  • From Brexit to North Korea: macro risks to keep an eye on and how to manage them – Led by: Dan Alamariu, executive director, head of U.S. country risk, UBS
  • Crowding in factor strategies -  Led by: Pietro Toscano, global head of multi-asset investment risk, Invesco

Stream 1: fintech, data & machine learning

11:30

PANEL DISCUSSION: Risk management and compliance in fintechs: how does it differ from traditional financial institutions?

  • From disrupters to disrupted: growing interest and expectations form regulators
  • How can regulators regulate fintechs without stifling innovation?
  • If lines between fintechs and traditional financial firms are becoming blurred, what can fintechs learn from their risk management practices? 

Moderator: Mark Feeley, research director, Chartis Research
Yael Heller, global counterparty risk specialist, Citi Fintech
Ben Cukier, partner, Centana Growth Partners
Sharon Carmeli, general counsel, chief compliance officer, BlueVine
Anjli Dudani, chief risk officer, Velo Payments

Related read:
Fintech: Growth and Deregulation- Diane Maurice, Jack Freund and David Fairman
Operational Risk Perspectives: Cyber, Big Data, and Emerging Risks-D.R. Maurice and Jitendra Rathod
Front-to-back Designing and Changing Trade Processing Infrastructure- Martin Walker 

12:10

PRESENTATION: Data ethics in data management and AI / ML

  • Over 70% of AI/ML projects fail due to poor data management and biased data
  • What factors negatively impact advanced analytics programs?
  • How can you identify the potential gaps that are leading to biased results?
  • What steps can you take to establish AI Governance that incorporates Data Ethics provisions including meeting privacy requirements (e.g. GDPR, CCPA)?

Michael Meriton, co-founder head of industry engagement, EDM Council

12:50

PRESENTATION: Real time risk management in the age of big data: understanding, quantifying, and managing algorithmic risks.

  • Using machine learning to identify black swans in the current risk management and stress testing framework
  • Big data in conjunction with machine learning algorithms are growing to drive and automated risk management decisions spanning credit, market, and operational risks
  • Lifting the black box stigma and implementing explainable machine learning
  • Leveraging big data & ML to construct a real time ML powered risk monitoring framework
  • Retail credit real life examples of algorithmic strengths and weaknesses. 

Imir Arifi, senior director of compliance analytics & technology, Discover Bank

Stream 2: operational & control risks

11:30

PANEL DISCUSSION: What does a good third-party organizational design look like for the line one, two and three?

  • As technology advances, how is third-party risk changing and how it should be assessed?
  • How can you ensure you have an effective oversight of vendors across the lifecycle?
  • Is there and can there be a standardized approach to evaluating vendor risk?
  • What are regulators expecting moving forward?

Moderator: Jeff Tongel, third-party risk management consulting manager, OneTrust
Melissa Mellen, officer and department head, policy, analytics, and vendor strategy, Federal Reserve Bank of New York
John Ingold, head of third party risk, T. Rowe Price
Judith Hilton, managing director, chief risk officer, DWS Americas

12:10

PRESENTATION: From spreadsheets to streamlined: automating the third-party vendor risk lifecycle

  • The drivers and challenges organizations face when managing third-party vendor risk 
  • Priorities before, during and after vendor procurement
  • A six-step approach for automating the third-party vendor risk lifecycle 
  • Real case studies from privacy experts on how to practically tackle the third-party vendor risk

Jeff Tongel, third-party risk management consulting manager, OneTrust

12:50

PANEL DISCUSSION: Using machine learning for AML and fraud detection           

  • What are regulators expecting from your crime detection and analytics capabilities?
  • Where can ML help and where should it be avoided?
  • Model risk challenges for ML
  • How to address concerns about explainability

Moderator: Ben Cukier, partner, Centana Growth Partners
Eric Hains, head of surveillance, TD Ameritrade
Liming Brotcke, model validation executive, Ally
Stan Yakoff, head of Americas supervision, Citadel Securities and adjunct professor, Fordham University School of Law

Stream 3: risk management for asset managers

11:30

PANEL DISCUSSION: The changing face of market risk: how can slower fundamental developments have huge impact on your portfolio?

  • How are political and marco events changing your long term view to market volatility?
  • Wealth inequality, the rise of extreme views, trade wars, etc. – how to grasp a full impact of these trends?
  • How are you factoring in these trends into your portfolio?  

Moderator: Robert Savage, head of FX sales, BNY Mellon
Dan Alamariu, executive director, head of U.S. country risk, UBS
Leon Xin, executive director, head of risk, portfolio construction and hedge fund, JP Morgan Asset Management
Racim Allouani, head of portfolio construction and risk management, KKR
Hilmar Schaumann, formerly managing director, global markets & global banking risk management, Bank of America

12:10

PANEL DISCUSSION: What risks online platforms create to your relationship with a client and the business model overall? 

  • As more business goes online, how can you be sure you know your client?
  • Managing tail risks created by “thinner” relationships?
  • As technology evolves, the cost goes down but how about the fee?
  • How can wealth management business model reinvent itself to stay viable?

Moderator: Aymeric Kalife, founding partner, iDigital Partners & associate professor, Paris Dauphine University
Adrian Peters, Chief Technology Risk Officer, BNY Mellon 
Marc Wiznia, head of strategy & business development, Voya Financial 
Prasanna Someshwar, chief risk officer, global wealth management, J.P. Morgan Private Bank
Etsuko "Ekko" Fuseya Jennings, global head of operational risk, Morgan Stanley Investment Management

12:50

PANEL DISCUSSION: Using machine learning to improve risk management

  • How can machine learning tools enhance portfolio risk management?
  • What are the most valuable tools at the moment?
  • New techniques and solutions on the horizon

Moderator: Aymeric Kalife, founding partner, iDigital Partners & associate professor, Paris Dauphine University
Andrew Chin, chief risk officer and head of quantitative research, Alliancebernstein
Shyam Sreenivasan, founder, chief executive officer, Quantel AI
Kristen Walters, managing director, risk & quantitative analysis group, Blackrock
Gurraj Singh Sangha, global head of data science , risk and market intelligence, State Street Verus

Stream 4: funding & liquidity 

11:30

PRESENTATION: Liquidity stress testing and scenario analysis

  • Regulatory perspective on liquidity stress testing
    • LCR vs internal
    • Local vs global rules
  • What are the supervisory expectations and factors to consider?
  • How do internal stress tests compliment a risk management framework alongside regulatory and quantitative limits?
    • Risk appetite
    • Governance & oversight.
    • Risk reporting and monitoring

Shahab Khan, head of regulatory interpretations, liquidity, Deutsche Bank

12:10

PANEL DISCUSSION: Finding the optimal funding mix

  • How are the Fed’s efforts at balance sheet normalization and the US Treasury’s record debt issuances pressuring short-term money markets?
  • What will the impact of a standing repo facility be on repo markets?
  • The effects of LCR, NSFR and G-Sib regulatory incentives on the demand for longer-dated, better collateralized funding

Moderator: Louie Woodall, editor, Quantum, Risk.net
Susanne Robinson, head of liquidity risk oversight, CIT
Joseph Shropshire, regional head of ALM & treasury, Societe Generale
Blake Gwinn, US rates strategist, NatWest Markets
Jonathan Blender, head of secured and synthetic funding for FIC North America, Deutsche Bank

12:50

PRESENTATION: How collateral scarcity reshaped the US yield curve

Manmohan Singh, senior economist, International Monetary Fund

1:30

Sit down lunch and networking

Stream 1: fintech, data & machine learning

2:30

PANEL DISCUSSION: Black box vs transparent box: systems thinking and analytics for risk officers

  • Is it dangerous to show non-quants the inner-workings of the model?
  • How involved are your ‘customers’ in the development process?
  • How involved should you be in the design of the software and front-end?
  • How to explain how the machine learning model makes decisions

Moderator: Terry Benzschawel, founder and principal, Benzschawel Scientific
Steven Boras, executive vice president, head of risk architecture, Citizens Bank
Stan Yakoff, head of Americas supervision, Citadel Securities and adjunct professor, Fordham University School of Law
Imir Arifi, senior director of compliance analytics & technology, Discover Bank


Related read: Journal of Computational Finance 

3.10

PANEL DISCUSSION: What are the risks of using data powered techniques?

  • What data related risks are easy to miss
  • What data controls you need to have as the data becomes increasing unusual?
  • The value of data and how to manage it appropriately
  • Beware of the bias
  • Data protection regulations in the US and globally

Moderator: Sid Dash, research director, Chartis Research
Flora Sah, chief risk officer, data technology and enterprise initiatives, Bank of America 
Murad Nayal, global head, risk informatics, Goldman Sachs
Adrian Peters, chief technology risk officer, BNY Mellon

Stream 2: War Games

2:30

Risk Live: war games scenarios

Workshop participants are introduced to different financial & non-financial risk scenarios that is still unfolding and asked to consider the immediate steps they would advise their firm to take based on the information available at each stage.

  • Rogue trader spotted - Rajat Baijal, managing director, global head of enterprise risk, Cantor Fitzgerald
  • Recession or growth? - Hilmar Schaumann, formerly managing director, global markets & global banking risk management, Bank of America
  • Cyber attack unravelling  - Mark Feeley, research director, Chartis Research


Related reading:  Journal of Risk

Stream 3: Risk management for asset managers

2:30

PANEL DISCUSSION: The impact of crowded trades on market liquidity

  • The current state of the market
  • Hidden risks of crowded trades
  • Impact on your portfolio and market liquidity

Moderator:  Pietro Toscano, global head of multi-asset risk, Invesco
Amit Deshpande, head of fixed income quantitative investments & research, T. Rowe Price
Giuseppe Paleologo, head of enterprise risk, Millennium Management
Angie Elkhodiry, vice president & director, risk management, TD Asset Management

3:10

PRESENTATION: Using AI and ML to develop models in asset management

Siinn Che, data scientist, Alliancebernstein

3:50

AFTERNOON COFFEE BREAK AND NETWORKING

4:10

 

SPECIAL ADDRESS FROM THE FBI: Cyber threats, response and collaboration

Richard Jacobs, assistant special agent in charge, counterintelligence/cyber division, FBI

4:40

CLOSING DEBATE: Will fintechsprevail?

  • The changing face of the financial services ecosystem
  • Strategic risk associated with fintechs challenging the status quo
  • Embracing digital disruptors: can fintechs and traditional financial services providers coexist?
  • 5 years from now, what services are likely to be taken over by fintechs?
  • Evolve or die: can the current bank business model stay viable?

Moderator: Ken Abbott, professor, Baruch College
Simon  Letort, chief digital officer for the Americas, Societe Generale
Joerg Landsch, head of innovation labs Americas, Deutsche Bank
Amias Gerety, partner, QED investors
Mark Rodrigues, general partner, Illuminate Financial

5:20

CLOSING REMARKS. END OF THE CONFERENCE.