Risk & Compliance Leaders Summit 2020
November 6 - 7, 2020
Hilton Vienna Danube Waterfront
+44 (0) 207 368 9576
Agenda Day 1
7:50 am - 8:50 am Networking Breakfast
8:50 am - 8:55 am Conference Director, Opening Remarks: Lauren Harrison
8:55 am - 9:00 am Chairperson's Opening Remarks:
9:00 am - 9:30 am Keynote C-Level Interview: Responding to external market dynamics: What are the top 3 priorities CROs and CCOs are focusing their time, money and energy on?
- How can you practically assess, understand and measure costs as a critical starting point?
- How can you overcome inefficient and disjointed structures to create the ideal team-set up to service the current volatile and unpredictable regulatory and business environment?
- How can CROs and CCOs work better together to reach their common goal of improving the bottom line whilst mitigating risks and ensuring compliance?
- Increasing agility: How can you leverage new technological innovation to reduce costs and gain extra insights into emerging risk and current compliance issues?
- Predicting the unpredicted: How can you best combat geopolitical risk and on-going regulations to stay one step ahead?
9:30 am - 9:50 am Economic Keynote: What are the major future trends facing risk and compliance leaders in the backdrop of the low yield macro environment with heightened new geopolitical risks and attention from regulators?
- 10 years from the financial crisis: How has the landscape changed and what have been the intended and unintended consequences?
- How can you best respond to rising rates in both Europe and the US to come out on top?
- Risk vs reward: Where are the opportunities for your division in 2018 and what are the factors that drive these?
- How can you strike the right balance and manage risks in a new cost conscious, low yield environment to turn the landscape into an opportunity?
Stefan Hofrichter
Head of Global Economics and Strategy & Member of the Group of Economic AdvisorsAllianz Global Investors
9:50 am - 10:40 am All Star Panel Revolution: Positioning your division as a strategic capability: How can you adapt your people, processes and technology to not only overcome obstacles but also tap into new opportunities to boost profitability?
- How to better cope with increased compliance costs and increased risk requirements and rethink your approach
- How to make the most of your team structure rise above the risk and regulation driven market?
- How to move away from working in silos and instead gain a comprehensive view of risk management and compliance across your organisation to make more informed strategic decisions
- What new technology is essential to keep up with your rapidly changing environment?
10:40 am - 11:00 am Keynote Case Study: Market risk concerns and increasing cost pressures: Can new sophisticated strategies and technologies lighten the governance burden for risk and compliance leaders in the current environment?
- How has the search for yield increased investors exposure to return seeking assets as a measure of risk?
- What new sophisticated strategies and technologies can applied to investments and protection strategies?
- What effect do these new technologies have on cost, management and governance?
- The future of investment: How should risk and compliance leaders be adapting to leverage machine learning capabilities?
11:00 am - 11:40 am Morning Networking Break
11:40 am - 12:00 pm Investment Outlook Case Study: Responding to increasing client demand for private and illiquid assets: What are the challenges and opportunities and how can you best address them?
- Pinpointing the opportunities and risks that private assets have on your firm and investors: How can you best address the knock on effect for your risk function?
- What is the most effective approach and organisation to address the risks?
- How can you successfully implement pre-trade monitoring to cater for private asset investment?
- Building a consolidated view of private asset risk and reporting - What specific risk considerations do you need to pay close attention to when expanding into these asset classes?
12:00 pm - 12:20 pm Interview: Spotlight on Brexit: Will London survive as a financial hub post Brexit and what does this mean for your role?
- How are UK based financial services firms reviewing their options to ensure they have access to the whole EU market from one location?
- How are regulators pressing down on firms to make clear how they will maintain service to their clients in the event of a “hard” Brexit?
- Assessing fact and stats: How are firms off-shoring their divisions and what are the challenges and opportunities around this?
- The global impact: Could London suffer more on a global than European front until the new EU-UK financial arrangements are made clear?
12:20 pm - 12:40 pm Regulatory Interview: What effect has financial market regulation such had on the financial landscape after almost a decade of reform?
- Assessing latest status of regulatory reforms and how firms have overcome obstacles with complying?
- What are the skills required internally to ensure compliance to ongoing regulatory reform and how is this different to the skill set of the past?
- What does the relationship between the front office and risk and compliance need to look like to ensure agility and a quick response to change?
- How can the market actually influence the regulators and will there be an industry standard?
12:40 pm - 1:00 pm Regulatory Keynote: Resiliency, recovery and resolution: How are regulators ensuring that CCPs financial resources are up to scratch and minimising risks in the ecosystem?
- Revisiting the three R’s for CCPs: Understanding the importance of protecting the full financial ecosystem while ensuring you are protecting the needs of your end investors
- How CCP recovery and resolution will safeguard participants and investors in the event of CCP default and what red flags to take into consideration
- An update on current regulations: How are regulators working together to create a robust framework?
1:00 pm - 1:20 pm All Star Interview: Making smart and strategic decisions: How do we innovate across the industry in order to add value and achieve more with less?
-The role of Management Boards in leveraging new technology-enabled strategies and address new customer needs
-The role of technology and data-usage in shaping the regulatory environment: Across sectors, how do we create sustainable, value-added services?
-How can we be sure to get a bang-for-your-buck when partnering with new data and technology providers?
-Technology as Enabler: How can we leverage new innovations to create more insight, efficiency and effectiveness?
1:20 pm - 2:20 pm Exclusive Risk & Compliance Diversity & Equality Lunch: How can the industry work better together to drive the required changes?
Nicola Crawford
Former Chair, Institute of Risk Management and Managing Directori-Risk Europe
1:20 pm - 2:20 pm Networking Lunch
Rethinking Traditional Approaches
Transforming Risk
2:20 pm - 3:00 pm Panel: Responding to market liquidity: How to measure, manage, and monitor liquidity risk and its close correlation with market, credit and P&L risk- How to establish an analytic framework for calculating risk, optimising capital and measuring market events and liquidity
- How can you improve your capabilities when analysing the real-time effect of change in cost and liquidity to minimise the impact of market shocks?
- How can you utilise optimised solutions to your liquidity needs by evaluating market liquidity using rapid on demand approaches?
- Data is key: What data management approaches are risk divisions using to gain a centralised view of market liquidity?
- How to overcome to challenge of complex portfolios and multi asset classes for managing liquidity risk and make this a value-add for your investment divisions
Transforming Risk
3:00 pm - 3:20 pm Case Study: Moving towards a strategic risk management approach: What are the proven ways to identify, analyse and mitigate enterprise-wide risks as and when they arise?- Geopolitical risk, the direction of regulation and Fintech Start-ups: Assessing the external drivers in the environment that make analysing strategic risk a priority including
- How are organisations mitigating the risk around innovation and new customer centric profitability avenues?
- Strategic risk compliance- What processes do you need to have in place to you’re your fiduciary duties?
- How to ensure your risk infrastructure is nimble enough to act on “what if” scenarios in a timely and effective manner
Transforming Risk
3:20 pm - 3:40 pm Case Study: Building an agile infrastructure: How to work better with CIOs and CEOs to implement a consistent, scalable risk model that removes silos- How can you work better with your CIO and CEO to drive through change in risk management processes
- What technology is essential to help you meet manage risks while improving workflow and efficiency?
- Forward looking: what does the future of risk management look like and how can you be one step ahead?
Transforming Risk
3:40 pm - 4:10 pm Afternoon Networking BreakTransforming Risk
4:10 pm - 4:50 pm Panel: Rethinking the three lines of defence: How can you best bridge the gaps in risk coverage to achieve full transparency in your strategy?
Speakers:
Christian Dahmen Chief Risk Officer, Member of the Board of Management, NewRe (Munich Re Group)
Marie Anne-Haegeman Chief Risk Officer Euroclear
Ashan Ramakrishnan Head of Investment Risk & SIRO BNY Mellon Investment Management EMEA
Dr Stefan Spreiter Head Risk Management Swiss Life Asset Managers
Moderator:
Erik Vynckier Board Member Foresters Friendly Society
Christian Dahmen Chief Risk Officer, Member of the Board of Management, NewRe (Munich Re Group)
Marie Anne-Haegeman Chief Risk Officer Euroclear
Ashan Ramakrishnan Head of Investment Risk & SIRO BNY Mellon Investment Management EMEA
Dr Stefan Spreiter Head Risk Management Swiss Life Asset Managers
Moderator:
Erik Vynckier Board Member Foresters Friendly Society
- What are the practical challenges when fully implementing the ‘Three Lines of Defence’ and how can you de-duplicate resources?
- How to ensure your structure is not overly complex and inefficient to ensure you have a clear line of accountability
- Assessing the pros and cons of strengthening either the first or second line of defence: How can you establish what is the best process for your division?
- Which duplicated areas and inefficient activities could be replaced with automated technology to streamline the process without sacrificing on quality?
Christian Dahmen
Chief Risk Officer, Member of the Board of Management,NewRe (Munich Re Group)
Transforming Risk
4:50 pm - 5:10 pm Case Study: Tapping into Investment risk measurement techniques: How to improve macro stress tests and improve performance analysis for multi-asset portfolios- Pinpointing the current challenges and opportunities with multi-asset-specific risk measurement techniques
- What is role of macro stress testing in multi-asset portfolios?
- How to use performance analysis to learn through introspection
Transforming compliance
2:20 pm - 3:10 pm Panel Revolution: How can the industry work better together to reinvent buy side compliance and remain competitive in a rapidly changing environment?- How can you overcome challenges with outdated compliance legacy technology in light of recent regulatory updates?
- How can you partner with providers to simplify and automate your compliance division?
- What does an effective compliance framework look like that’s built around data?
- The compliance triad: How to effectively manage reactive, active and proactive compliance issues to remain agile
Carsten Giersch
Senior Partner & EditorBerlin Risk, Global Risk Affairs
Transforming compliance
3:10 pm - 3:40 pm Fireside chat: Automation is here, now: How to leverage innovative technologies to ensure accurate information is provided to regulators in a timely manner?Automation is here, now: How to leverage innovative technologies to ensure accurate information and efficient workflow is provided to stakeholders and regulators?
- How to leverage technology to automate and to release capacity for value-adding / highly complex tasks
- How to streamline data and data channels to seamlessly comply with multiple reporting regimes
- Pinpointing the challenges and quicker decision with implementing advanced data analytics and insights
- How to gain transparency and insight in the process to reduce reporting procedures with ease and minimise your operational risk?
Andreas Uremovic
Director, Global Head Investment Portfolio ComplianceAllianz Global Investors
Carsten Giersch
Senior Partner & EditorBerlin Risk, Global Risk Affairs
Transforming compliance
3:40 pm - 4:10 pm Afternoon Networking BreakTransforming compliance
4:10 pm - 4:50 pm Case Study Revolution: The evolving role of compliance: How do you define responsibilities and coordinate with other departments to better support the business?- What are the challenges in supporting the business in making sense of complex regulations to ensure you are hitting your compliance mandates?
- How is the compliance function evolving and how can your division best cope with doing more with less?
- How do you remove duplication of activities in your compliance process to become more effective and efficient?
- How can you change the perception of compliance in your business from burdensome to effectively boosting the bottom line?
Transforming compliance
4:50 pm - 5:10 pm Fireside chat: Complying with the MAR regime: How to reduce the risk of insider dealing and market manipulation across multiple exchanges and asset classes?- What can the buy side learn from their sell side counterparts when it comes to implementing systems ad controls that will capture market abuse?
- Evaluating the innovative technology in the industry that can take you MAR process from ad-hoc to institutionalised
- What have been the challenges and opportunities for the buy side when using new systems to comply with the MAR regime?
- How can the industry work better together to move MAR compliance to an automated level
Carsten Giersch
Senior Partner & EditorBerlin Risk, Global Risk Affairs
Boardrooms
2:20 pm - 3:20 pm Creative Leadership Boardroom: How to avoid shortcuts in decision making to minimise the likelihood of inaccurate judgements around complex risks- Cognitive biases: How to ensure teams in your organisation are making the right decisions in situations of emerging risks and scenario analyses
-Debiasing techniques: How to battle biases and pinpointing which techniques work and which don’t?
- Steering towards desired behaviour – nudging for budging
