ISLA 25th Annual Securities Finance and Collateral Management Conference 2016
 
ISLA Conference Agenda 2016 


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21/06/2016
14:30 - 15:30Conference Registration
15:30 - 15:40Welcome by the Conference Co-Chairs

Martina Szameitat, Managing Director & Global Head of BRM Sales and Marketing, Morgan Stanley
David Raccat, Global Head of Market Services, Head of AsiaPac, BNP Paribas Securities Services


15:40 - 16:10Keynote Speech




16:10 - 16:50Legal, Regulation, Tax & ISLA Update

Speakers:
Habib Motani, Partner, Clifford Chance
Andrew Dyson, COO, ISLA

16:50 - 17:45Discussion Roundtables

An opportunity for delegates to get directly involved in the debate. 

Topic 1:
Blockchain- Sweeping away the misconceptions and creating a vision of the future

We are delighted to confirm that itBit will be providing a 101 of blockchain technologies with particular reference to the securities processing markets. This glimpse into the future will allow you to better understand how this technology has developed and what we might expect to see in our markets in the very near future. itBit is a financial services company offering a suite of products leveraging traditional capital markets infrastructure and blockchain technology.

Speaker:
Jason Nabi, Head of EMEA, itBit Trust Company


Topic 2:
SFTR – Joining up the implementation dots

This session will provide a vivid update on the current state of play of what is the single most important regulatory reporting requirement ever seen in our industry and how it interacts with other reporting regimes such as MiFid . This will be an opportunity to exchange ideas and debate common concerns around this piece of legislation that will underpin the fabric of our industry for many years to come.
Speakers:
Rupert Perry, Co-Founder, Pirum
Tina Baker, Consultant, ISLA
Andrew Dyson, COO, ISLA
Habib Motani,
Partner, Clifford Chance


Topic 3:
Central Clearing – “Are we nearly there yet?” 

The hard bite of regulation, scarcer and more expensive capital together with a need for operational efficiency all seem to be driving us in the direction of central clearing. Our market has traditionally embraced change and innovation so is it time for the clearing house to become an integral part of the industry ???  Join the discussion with your peers on the remaining barriers to wider SFT clearing and learn from key stakeholders what we should expect to see in the coming months on this exciting and strategically important development.


Speakers:
Matt Collins, Managing Director and Head of EMEA Securities Lending, Morgan Stanley
Jonathan Lombardo, SVP, Funding and Financing Services, Eurex Clearing




17:45 - 20:30Welcome Drinks Reception / Football Euro 2016 Evening

Hosted by:


  


22/06/2016
08:00 - 09:00Conference Registration & Breakfast
09:00 - 09:20Welcome by the Conference Co-Chairs - 25 Years of ISLA & the Industry

Martina Szameitat, Managing Director & Global Head of BRM Sales and Marketing, Morgan Stanley
David Raccat, Global Head of Market Services, Head of AsiaPac, BNP Paribas Securities Services


09:20 - 09:50Opening Keynote Speech




09:50 - 10:50The Industry Leaders Debate: A Whole New World

Senior industry practitioners discuss the near term tactical challenges that exist in securities finance as well as, more importantly, provide opinions on the medium and long term strategic direction of our business. What is here to stay and what is dying away? 

Moderator:
Ed Oliver, Managing Director, Product Development, eSecLending (Europe) Limited

Speakers:
Alex Lawton, Senior Managing Director, State Street Global Markets
Mark Newton,
Managing Director, Head of Prime Equity Finance, EMEA, Barclays
Ciaran O'Flynn, Managing Director & EMEA Head of Bank Resource Management, Morgan Stanley 
Casey Whymark, Managing Director & Co-Head of Securities Lending and Financing, UBS



10:50 - 11:20Coffee Break

Hosted by:



11:20 - 12:20Traders Panel: Develop the Possibilities, or Now is the Time

Desk and business heads will talk about execution across all products and frame discussion against debate had in the previous session (on strategy & industry drivers). What is in the tool box to deliver optimisation and efficiencies?

Senior traders and desk heads will discuss where revenues are made today and what will be the key drivers of revenues and profitability in the future. This will include thinking about what changes counterparts in the market will need to think about to realise many of the new opportunities.

Moderator:
Richard DerouledeHead of Indexation and Securities Financing Trading Europe, Societe Generale 

Speakers:
Kirtes Bharti, Global Co-Head, Securities Lending, Scotiabank
Shane Martin, Managing Director & Head of Client Financing, Global Prime Finance, Deutsche Bank
Mathew McDermott, Managing Director, Fixed Income, Currency and Commodities, Goldman Sachs
John Shellard, Managing Director & Global Head of Trading, Agent Lending, Investor Services, J.P. Morgan 

12:20 - 13:20The Collateral Scarcity Debate: Do we need to do more with less?

With latest figures from ISLA suggesting that over 90% of all European Government bonds are lent against non-cash collateral the role of collateral in the securities financing markets in Europe is key to  its success and it will be a strong driver of how it develops in the future. The panel will debate the supply and demand dynamics associated with collateral and consider how future demands will be met, and if unlet securities lending pools are the answer. As the market has to-do more with less, how will the market create further efficiencies and how can other markets, such as derivatives, learn from the development of collateral management within securities financing as they too have to think about  creating a more efficient and transparent collateral management world ?. Regulation is driving aspects of both supply and demand for collateral and the panel will look at how regulation is changing behaviour in this critically important area of our markets.

Moderator:

Staffan Ahlner, Global Head of Collateral Management & Product, EMEA/APAC, BNY Mellon

Speakers:
Matthias Graulich, Head of Cross Market Strategy, Deutsche Boerse AG
Grigorios Markouizos, Global Head of Fixed Income Finance & Collateral Management, Citigroup
Julien Mazzacurati, Economist, European Securities and Markets Authority (ESMA)
Phil Morgan, Managing Director, Head of Prime Finance EMEA, Nomura International
Roelof van der Struik
, Investment Manager, PGGM


13:20 - 14:20Networking Lunch

Hosted by:



16:00 - 18:00Afternoon Drinks Reception

Hosted by:

  

22:00Eurex Repo Late Night Bar

Hosted by:



If you wish to attend this party, please register for here.


23/06/2016
08:30 - 09:00Conference Registration & Breakfast
09:00 - 09:10Welcome by the Conference Co-Chairs

Martina Szameitat, Managing Director & Global Head of BRM Sales and Marketing, Morgan Stanley
David Raccat, Global Head of Market Services, Head of AsiaPac, BNP Paribas Securities Services


09:10 - 10:10The Clients Perspective: Breaking the Chains

Clients discuss how they see market developments influence their use of the securities financing market. 
Will regulatory pressure on banks end up benefitting end-users or is it perceived more as a threat? 
Is the traditional "lender –  bank – borrower" model over?

Moderator:
Richard HochreutinerDirector Group Treasury, Head Global Collateral, Swiss Re 

Speakers:
Matt Brunette, Global Head of Financing, Norges Bank Investment Management
Mick Chadwick, Head of Securities Finance, Aviva Investors
Stuart Cogen, Head of Treasury, Marshall Wace
Mark WendlandHead of Global Fixed Income Finance, Citadel


10:10 - 11:10Changing Business Landscape

Regulations post the financial crisis have reshaped the securities finance market. However, it could be argued that fundamentally the business model may not have actually changed much...  

So, what does the future hold? Will the current market structure need to expand and include a cleared SFT environment to facilitate increased capacity for both lending and financing activity of clients, which will allow it to expand in an efficient way? 

Or will the status quo prevail?  The panel will discuss and consider whether firms have a need to completely change the way they lend, borrow and finance securities in order to comply with the changing business landscape.


Moderator:
James TemplemanManaging Director & Global Head of Securities Lending TradingBlackRock

Speakers:
Mark Jones, Senior Vice President & Head of International Product Management, Northern Trust
Frederick Nadd-Aubert, Managing Director & Global Head of Securities Lending Sales and Strategy, Credit Suisse
Susan O'Flynn, Managing Director & Global Head of CCP Strategy, Governance and Optimization, Morgan Stanley
Steve Wager, EVP Global Operations and Development, itBit Trust Company

11:10 - 11:40Coffee Break

Hosted by:



11:40 - 12:40Navigating the Future

Individuals that have been within the Securities Finance industry through both the good and the bad times will be brought together in this final session of our 25th annual conference.  They will reflect on the past 25 years history as well as their predictions for the future.

In an ever changing business and economic landscape, policymakers around the world have enacted new rules and legislation. Strong risk management coupled with transparency are key in order for the the market to reinvent itself. Industry leaders will put into context how our business will need to be rebuilt and reshaped.

Moderator:

Jules Pittam, Ex-Market Practitioner and Non-Executive Director

Speakers:
John Arnesen, Global Head of Agency Lending, BNP Paribas Securities Services
Ben Challice
, COO, Pirum
Kevin McNulty, CEO, ISLA
Roy Zimmerhansl, Global Head of Securities Lending, HSBC


12:40 - 13:20Closing Keynote Speech



13:20 - 13:30Closing Remarks

Andrew KrangelDirector, EMEA Head of Agency Securities Lending Business Management  &  Chairman of ISLACiti

13:45 - 17:00ISLA's 25th Anniversary Celebration



 



If you have any questions, queries or speaker suggestions, please contact us on:
 
Email:      isla@eventrock.co.uk
Phone:     + 44 (0) 20 8288 7738 


This Event is organised for ISLA by EventRock