Program 2020

Program 2020

Program 2020

08:3008:50

Registration starts

08:30 - 08:50

08:5009:00

Opening remarks

08:50 - 09:00

09:0009:40

Opening keynote address

09:00 - 09:40

09:4010:40

Spotlight on Covid-19: lessons learned

09:40 - 10:40

Special address: How risk appetite infrastructures kept us alive

Follow on discussion: Spotlight on Covid-19 - lessons learned

  • What have we learned and what will change going forward?
  • How have financial firms’ operations handled the outbreak?
  • How collateral management and clearing work?
  • How well did credit risk models predict? Do they need to be modified?
  • At the heights of the pandemic, what market reactions have surprised you?

10:4011:20

Morning break

10:40 - 11:20

11:2015:20

Stream

Libor USA Forum

Panel discussion: Adapting to RFRs

11:20 - 12:00

  • Update on SOFAR transition
  • Challenges for different products
  • Has activity in new transactions now migrated fully to RFRs?
  • How will the CCP discounting shift the impact of SOFR liquidity?
  • ISDA fallbacks
  • Credit spread adjustments
  • Trading SOFR based products
Presentation: Building liquidity and trading activity across the curve

12:00 - 12:40

Lunch break

12:40 - 13:20

*LUNCH SPECIAL SESSION* Spotlight on Libor transition: How has Covid -19 interrupted Libor transition efforts, what flaws have been exposed and where do we go from here

13:20 - 14:00

Fireside chats: bonds, loans & derivatives

14:00 - 14:40

With transition efforts now entering their critical phase, Risk.net editorial team will be joined by industry experts and aim to define remaining key challenges and nuances across different financial instruments:

  • Bonds
  • Loans
  • Derivatives
Panel discussion: Operational challenges – key pitfalls in implementation of RFRs

14:40 - 15:20

  • What needs to change in your infrastructure to facilitate the transition to new rates? 
  • What addition challenges has Covid-19 created in the transition process?
  • Are your systems and IT department ready for the transition?
  • Legal considerations and documentation

Stream

Non-financial & organizational risk

Panel discussion: How has forced digital adoption changed how you think about the future of financial firms?

11:20 - 12:00

  • What have you learned about your teams while working from home?
  • What skills and experiences you wish you had in your team?
  • How companies might need to change their offerings due to the changed clients’ behavior?
  • Will escalated digital adoption change your company’s business strategy and organizational structure?
Panel discussion: How to build vigorous risk management teams, equipped to face the downturn and future crises

12:00 - 12:40

  • Do you have the experience and skills to manage a downturn event in your organization?
  • How can AI, cloud and other technology help in this crisis?
  • What tools have increased in importance during the pandemic?
Lunch break

12:40 - 13:20

*LUNCH SPECIAL SESSION* Spotlight on Libor transition: How has Covid -19 interrupted Libor transition efforts, what flaws have been exposed and where do we go from here

13:20 - 14:00

Panel discussion: Assessing cyber resilience during the pandemic: how to withhold an increased volume and frequency of security breaches?

14:00 - 14:40

  • Overview of cyber-attacks during the pandemic
  • What impact remote working had on information security?
  • What technology and processes are needed to address vulnerabilities exposed by Covid-19?
  • How effective was your cloud
    infrastructure?
  • Double threat: do you know how your third-parties manage cyber-attacks and ensure information security?
Panel discussion: Vendor resiliency: What questions you need to ask you third parties during extreme events?

14:40 - 15:20

  • Third party reliance during the pandemic: what’s your experience so far?
  • How did third parties manage to meet their obligations?
  • Do you know what business continuity measures your third party has in place?
  • Fourth party risk: how reliant is your third party on its suppliers and vendors?
  • How can you monitor your third-parties to ensure stability?

Stream

Credit risk

Panel discussion: Default readiness: managing your loan portfolio in the economic downturn

11:20 - 12:00

  • Is your loan portfolio ready for potential credit losses?
  • How do you manage distressed assets?
  • How is this downturn different from the 2008 collapse?
  • What measures that were implemented since the last recession, you expect to be useful/harmful during this one?
Presentation: How can climate risk be incorporated into credit risk assessment

12:00 - 12:40

Lunch break

12:40 - 13:20

*LUNCH SPECIAL SESSION* Spotlight on Libor transition: How has Covid -19 interrupted Libor transition efforts, what flaws have been exposed and where do we go from here

13:20 - 14:00

Presentation: Benefits and limitations of AI in commercial lending

14:00 - 14:40

  • Key components for introducing AI in lending
  • What are critical data considerations?
  • What processes you need to have in place to address concerns over model interpretability and transparency?
Panel discussion: Update on CECL implementation: how to prepare for rapidly changing macroeconomic forecasts

14:40 - 15:20

Stream

Market risk & stress testing

Panel discussion: Covid-19 - the ultimate stress-test: did financial markets pass it?

11:20 - 12:00

  • How did the stress test hold up during the pandemic?
  • How different covid-19 is from the stress tests that banks have done over the past 10 years?
  • Not out of the woods yet: adapting scenarios and preparing for next few months
Panel discussion: How have covid-19 impacted final FRTB guidelines?

12:00 - 12:40

Lunch break

12:40 - 13:20

*LUNCH SPECIAL SESSION* Spotlight on Libor transition: How has Covid -19 interrupted Libor transition efforts, what flaws have been exposed and where do we go from here

13:20 - 14:00

Presentation: Including climate scenarios in your stress testing

14:00 - 14:40

Panel discussion: Review of resiliency of counterparties and CCPs during the crisis

14:40 - 15:20

15:2015:50

Afternoon break and networking opportunity

15:20 - 15:50

15:5016:20

Fire side chat with IBM

15:50 - 16:20

16:2017:00

Panel discussion: Rewriting the playbook for the business continuity management (BCM) framework

16:20 - 17:00

  • How has your BCM program performed at the heights of the outbreak?
  • For many, prolonged social distancing measures were not a part of the BCM plan: what were key challenges?
  • How your views on technology, infrastructure and teams have changed?
  • What improvements you are making to your BCM planning in the light of the current events?
  • How can regulators expectations might change for individual organizations and the entire sector?

17:0017:10

Closing remarks

17:00 - 17:10

08:3008:50

Registration starts

08:30 - 08:50

08:5009:00

Opening remarks

08:50 - 09:00

09:0009:40

Opening keynote address form The Federal Reserve Bank of New York

09:00 - 09:40

09:4010:20

Spotlight on climate risk: The race to discovering effective processes and models to account for the growing risk of climate change

09:40 - 10:20

  • How are financial firms addressing risks related to climate change?
  • How does climate risk impact your firm’s strategy and relationships with your clients?
  • How insurers are managing climate risk? What are they doing to protect themselves?
  • What steps your organization is taking to reduce carbon footprint of the industry
  • How has Covid- 19 altered climate risk management?

10:2011:00

Morning break

10:20 - 11:00

11:0015:00

Stream

Buy-side Risk USA Forum

Panel discussion: The new shape of liquidity in the markets

11:00 - 11:40

  • The current state of the market
  • Risks of crowded trades
  • What have we learned about risk in ETFs, in particular liquidity risk?
  • The state of liquidity in fixed income
  • Early indicators of how you can reposition into crisis and adapt to liquidity circumstances
  • Are we headed to the liquidity crises?
Panel discussion: Rethinking multi-asset portfolio strategies to capture velocity of changes

11:40 - 12:20

  • How does the effective portfolio strategy look like in times of extreme volatility?
  • How to proactively analyze and adjust the portfolio while you’re still competitive?
  • How to adapt your portfolio to catch up with the speed of changes in markets?
  • How has the role of bonds in a multi-asset portfolio changed and how it impacts asset allocation?

 

Lunch break

12:20 - 13:00

*LUNCH SPECIAL SESSION* Diversity, inclusion and culture: why are these elements so important in building a foundation for a strong risk management team?

13:00 - 13:40

Panel discussion: In the era of ESG investing, do you understand the analytics behind it?

13:40 - 14:20

  • Decoding the ESG
  • How do you measure the performance?
  • How to build ESG into asset allocation models
  • ESG and managing risk at the portfolio level
  • Quality and availability of the ESG data
Presentation: Leveraging AI and NLP to detect early warning signals in your portfolio

14:20 - 15:00

Stream

Digitalization, data and fintechs

Panel discussion: How did the fintech industry hold up in the crisis?

11:00 - 11:40

  • Winners and losers in the fintech space
  • What have fintechs learned about their risk management functions over the past few months?
  • Fintechs & capital requirements: what needs to change?
  • Is this is where many fintechs die? If so, who will step in to fill in the void?
Cutting-edge: The market generator: modeling real world with synthetic data

11:40 - 12:20

  • Research and methodology
  • Real life applications and benefits of data anonymity
  • Further research and regulatory considerations
Lunch break

12:20 - 13:00

*LUNCH SPECIAL SESSION* Diversity, inclusion and culture: why are these elements so important in building a foundation for a strong risk management team?

13:00 - 13:40

Panel discussion: Is your data quality a risk?

13:40 - 14:20

  • Data protection regulations in the US and globally
  • What systems and processes you have in place to ensure data quality?
  • How to handle the data bias?
Presentation: Capturing market risk with machine learning

14:20 - 15:00

  • How 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 wait for ML solutions?

Stream

Model risk

Panel discussion: Too fast too furious: managing model risk in rapidly changing markets

11:00 - 23:40

  • How did models perform when volatility spiked?
  • How did you apply analytical methods to the current crisis?
  • How did you measure model performance and stability?
  • What tools were most helpful?
  • How did you adjust models to catch up with the speed of changes in the market?
Presentation: Is model risk data risk?

11:40 - 12:20

Lunch break

12:20 - 13:00

*LUNCH SPECIAL SESSION* Diversity, inclusion and culture: why are these elements so important in building a foundation for a strong risk management team?

13:00 - 13:40

Presentation: Self-fulfilling prophecies: what is a right price?

13:40 - 14:20

  • If you count on a single vendor for a price, does it make it a right price?
  • Counting on a single vendor on the price for the evaluation: how risk is it?
New research: Hedging tail risks: it worked in March, but should we continue doing it?

14:20 - 15:00

15:0015:30

Afternoon break

15:00 - 15:30

15:3016:10

Afternoon keynote address: The ethical algorithm

15:30 - 16:10

16:1017:00

Macro view: The outlook for markets - making sense of the world we live in and long-term impact on financial industry

16:10 - 17:00

  • How well do we understand post-covid markets and consumers?
  • Keeping up with changing forecasts
  • What industries will undergo structural changes? 
  • Ramifications of the Fed actions
  • Globalization agenda in the era of social distancing: how will it change?
  • How risks differ in different countries? Particularly, risks in China vs the US
  • How do you expect the market sentiment to change in a next few months?

17:0017:10

Closing remarks. End of the conference.

17:00 - 17:10