Liquidity Risk Management USA 2019

Exploring the evolving role of liquidity risk management including regulation, markets and future trends

4th Annual Liquidity Risk Management USA

October 2-3, 2019 | New York City

REGULATION
Discussing the evolution of US regulation including disparities between domestic firms and FBOs

LIQUIDITY STRESS TESTING
Reviewing the latest trends and developments including modelling, data and regulation

ASSUMPTIONS 
Exploring liquidity assumptions including qualitative approaches and audit perspective

INTRADAY LIQUIDITY
Reviewing the evolution of intraday liquidity including compliance and operational
efficiency

BALANCE SHEET MANAGEMENT
Assessing the viability of the balance sheet and the ability to grow the business

INTEREST RATES
Examining the environment and ability to effectively plan and prepare for multiple outcomes

LIBOR
Timelines, consequences and path forward in the transition from LIBOR and
SOFR

FUNDS TRANSFER PRICING
Exploring the continued management and enhancement of FTP to strengthen the function

ROLE OF LIQUIDITY
Analyzing the role of liquidity risk management within a dynamic and changing industry

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Andres Oranges
Chief Operating Officer, Treasury
Société Générale

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Gautam Jha
Director Liquidity Risk
Bank of Tokyo-Mitsubishi

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Yujush Saksena
Managing Director and Head of Market Risk
GE Capital

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Daniel Weigert
Head of Market and Liquidity Risk,
IDB Bank, NY

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Shahab Khan
Head of Regulatory Interpretations – Liquidity
Deutsche Bank

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Philippe Rosset
Executive Director, Group Treasury
UBS AG

 

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Armel R. Kouassi
Head of Balance Sheet Modeling
Northern Trust

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Jennifer Fitzgibbon
Managing Director, Head of Treasury Americas
Rabobank

Sponsorship

Can your organisation contribute? Please contact the Center for Financial Professionals today to discuss how we can deliver your thought-leadership at the event, help you generate leads, and provide you with unique networking and branding opportunities. For more information on what we can offer, please contact sales@cefpro.com or call us on +1 888 677 7007 where a member of the team will be happy to tailor the right package for you.

REGULATION INTRODUCTION
09:00 An introduction into the regulatory landscape and current industry trends

  • Current themes
  • Changes to regulation
  • Future outlook

Andres Oranges, Chief Operating Officer, Treasury, Société Générale

REGULATION – PANEL DISUCSSION
09:30 Exploring the evolution of US regulatory frameworks including disparities between FBOs and domestic firms

  • FED tailoring proposal & regulatory relief
    • Potential change to calculating liquidity needs
    • Competitive landscape
  • Disparities between mid-sized domestic firms and FBOs
    • bias in reducing the regulatory burden
    • Who will be the winners and losers?
  • FBOs: changes to the buffer & additional requirements
  • Reduction in LCR and CCAR requirements

Malik Ali, Senior Director, CIBC
Andres Oranges, Chief Operating Officer, Treasury, Société Générale
Yuhong Liu, Director, BNP Paribas

10:20 Morning refreshment break and networking

BASEL RULES
10:50 Elaborating on the Basel rules and the expectations for those operating in the US and globally

  • Alignment with US and Basel
  • FBO compliance with home and local regulators
    • competitive disadvantage & un-level playing field
  • Amendments or changes to LCR & NSFR
  • Impact on funding cost, trading & FTP
    • Cost associated with holding assets
  • Allocating costs back to the business & making intelligent business decisions
  • Final agenda & timeframes
  • Preparing for worst case scenario

NSFR
11:30 Reviewing the NSFR requirements and how firms can effectively manage the project, maintain balance sheet quality and incentivize the business  

  • NSFR- US proposed Rule
  • What will the final rule look like?
  • Regulatory approaches – Europe & US
    • Comparison
  • Arguments against NSFR
    • Industry objections to the US proposed rule
  • Improving the management of liquidity
  • Impacts on the banks core business
  • Lessons learned from LCR – Timelines, implementation & managing multiple metrics

Shahab Khan, Head of Regulatory Interpretations- Liquidity, Deutsche Bank

LIQUIDITY STRESS TESTING
12:10 Discussing ongoing developments within liquidity stress testing including modelling, data and achieving regulatory satisfaction

  • Regulatory reporting – what information do you have to support your claims?
    • Justifying risk without restricting business
    • How are regulators interpreting the data? Peer analysis
  • Reliability of data to support stress testing
    • Base line data, historical data & expert judgement
    • Reliability of data when it’s transformed
  • Granularity of modelling & business involvement
  • Limits and EWIs
  • Incorporating FTP and rate conditions into stress testing

Vineet Gumasta, Head of Balance Sheet Risk Management, North America, Rabobank

12:50 Lunch break and networking

ASSUMPTIONS
1:50 Liquidity Assumptions – An exploration and discussion into the oversight of assumptions with particular emphasis on qualitative approaches

  • Description of Qualitative approaches as it relates to liquidity
  • Assumptions
    • What are assumptions
    • Rationale for using assumptions (Industry, Empirical evidence or Management/SME)
    • How are assumptions supported
    • Governance
    • in-model assumptions vs other management assumptions
  • Independent validation of assumptions
  • Closing Remarks

Joe Peedikayil, SVP, Liquidity/Credit/Capital-Qualitative Model Validation, Wells Fargo

ASSUMPTIONS CONTINUED
2:30 Examining liquidity assumptions from an Audit approach and perspective

  • Assumptions – a key liquidity model components
  • Regulatory expectations – reasonableness and periodical reviews
  • Accountability of assumptions – Policy, procedure and senior manager involvement
  • Development of Assumptions – models vs. expert judgement
  • Frequency of re-visiting and challenging assumptions
    • Changes to the business
    • Involvement of the lines of defense
  • Audit Approach

Erjun Chen, Audit Director, CIT Bank

3:10 Afternoon refreshment break and networking

INTRADAY LIQUIDITY – PANEL DISCUSSION
3:40 Investigating the continued evolution of intraday liquidity and how firms can enhance regulatory compliance and operational efficiency

  • Key regulatory obligations – PRA, ECB and Fed approach
    • Expectations for different sized business
    • FBOs & avoiding double duty
  • Quantifying & modelling stress testing requirements
    • Calculating stress outflow & intraday liquidity needs
    • Scenarios
  • Data to display consumption and monitor appetite
    • Accessing & consolidating data
    • Live reporting
  • Technology to hold payments & manage consumption
  • Preparing for rising rate environments and cash scarce positions
  • Management in BAU – Ensuring operations still make sense going forward
  • Inter-day liquidity – balance sheet practice & business management

Philippe Rosset, Executive Director, Group Treasury, UBS AG
Gautam Jha, Director Liquidity Risk, Bank of Tokyo-Mitsubishi
Malik Ali, Senior Director, CIBC

ROLE OF LIQUIDITY
4:30 Debating the evolving role of liquidity risk management and how professionals can stay ahead in this dynamic industry

  • Changes to organisation structure
  • Bridging the gap between capital, market, interest rate and liquidity risk
  • Growing inclusion of FinTech & technology
  • Preparing for future liquidity scarce scenarios

Andrew Craig, Officer, Funding and Liquidity Risk, Federal Reserve Bank of New York

5:10 Chair’s closing remarks

5:20 End of Day One & Networking Drinks Reception

INTEREST RATES – PANEL DISCUSSION
09:00 Discussing the rate environment and how firms can sufficiently plan and prepare for multiple outcomes

  • Process and tools for forecasting
  • Organisational structure to monitor – Alignment between capital, liquidity and interest rates
  • Lessons learned from past scenarios
  • Future rate hikes & economic recession
    • Impact on liquidity & unintended consequences
  • Best practice for EVE requirement in IRRBB – top down vs bottom up approach
  • Calculating net interest income – Building in house vs outsourcing

Daniel Weigert, Head of Market and Liquidity Risk, IDB Bank, NY
Yuhong Liu, Director, BNP Paribas
Vincent Chau, Head of US Liquidity and Funding Risk, UBS AG

MARKETS
09:50 Exploring recent changes and future variations in markets and the potential implications for liquidity risk management

  • Treasury markets and repo markets
  • 2018 abnormalities – spikes in equity markets & fixed income markets
  • Managing portfolios amidst volatility
  • Firm positioning
  • Coping with abnormalities and future turbulence

Daniel Weigert, Head of Market and Liquidity Risk, IDB Bank, NY

10:30 Morning refreshment break and networking

BALANCE SHEET MANAGEMENT
11:00 Assessing the viability of the balance sheet as firms face growing pressure to be regulatory compliant and provide flexibility to the business

  • Maintaining balance sheet stability and risk appetite
  • Is the balance sheet too stable and restricting business/undermining shareholders?
  • Growing the balance sheet in a rising rate environment
    • Rate hikes & targeting the yield curve
    • Maintaining risk management, controls and funding profile
  • Impact of Fed balance sheet and balance sheet unwind
  • Reacting to unforeseen circumstances and preparing for the next crisis

Armel R. Kouassi, Head of Balance Sheet Modeling, Northern Trust

LIQUIDITY MANAGEMENT
11:40 The Corporate Treasurer’s approach to managing excess cash…when there is less of it

  • U.S. corporate cash levels have decreased by roughly 10% over the past year
    • Review of what has factored into this
  • Corporate Treasurers may have to manage lower than historical reserve and excess cash positions
  • There is a need for higher returns without sacrificing accessibility of cash
  • A relationship approach to managing cash – Helping a Corporate Treasurer understand the regulatory environment and how it factors into various solutions
  • The ultimate goal is to generate beneficial outcomes for all

Indra Kish, Senior Liquidity Advisor, BNP Paribas

12:20 Lunch break and networking

1:20 Impact of collateralisation on liquidity risk management

  • General perspectives
    • Regulation
  • Market concerns
  • Secured funding transactions under stress
    • Overview of the secure funding transactions
  • Source of funds
  • Pricing
  • Limitations

LIBOR
2:00 Transition from LIBOR and SOFR Overview: Timelines, consequences and the path forward

  • Brief history of LIBOR and reasons for transition
  • Anticipated timelines for transition
  • Introduction to SOFR
    • SOFR defined
    • Differences between SOFR and LIBOR
    • Market dynamics – volatility in rates at month & quarter end
    • Current SOFR markets and issuance
    • Other indices to consider –Fed funds, ICE Bank High Yield Index
  • Migration Challenges – Summary

Jennifer Fitzgibbon, Managing Director, Head of Treasury Americas, Rabobank

SOFR IMPLEMENTATOIN – PANEL DISCUSSION
2:40 Exploring the challenges faced by different institutions in implementing SOFR

  • Internal business and infrastructure considerations
  • Changing models to SOFR to evaluate the products (loans, leases, market products, deposits) for which LIBOR is currently used
  • Pricing products off SOFR – cash and derivatives
  • Impact on clients – changes to legal documentation & competitive landscape
  • Possible impact on profit and loss if SOFR is used (pro-forma profit and loss)
  • What will the balance sheet, derivatives market, trading & FX look like after LIBOR phase out?

Jennifer Fitzgibbon, Managing Director, Head of Treasury Americas, Rabobank
Armel R. Kouassi,
Head of Balance Sheet Modeling, Northern Trust
Erjun Chen, Audit Director, CIT Bank

3:30 Afternoon refreshment break and networking

FTP
4:00 Discussing the ongoing management and enhancement of funds transfer pricing as firms aim to strengthen the function

  • Implementation and management – current progress
  • FBOs compliance to global and local regulators
    • Trapped liquidity
    • Ensuring numbers mean something at a local level
  • 2nd line review of the FTP process
  • Best practice for incentivising the right business
  • Ensuring profitability for the business
  • Impacts of NSFR and other metrics on FTP

Yujush Saksena, Managing Director and Head of Market Risk, GE Capital

NEXT CRISIS
4:40 Exploring economic recession scenarios and active planning for potential liquidity shortfalls within the economic environment

  • What will the next crisis involve?
  • Stress testing scenarios and the predicted impact on liquidity
  • Monitoring and manging large FIs such as hedge funds & private equity
    • Regulatory oversight, daily checks & controls on big funds
  • Trade relationships
  • Control mechanisms if a bank’s client fails
  • FBOs and reliance on parent support
  • Proactive in planning and monitoring
    • 12-24 month forecasting & funding plans
  • Contingency funding plans

Rosanna Pezzo-Brizio, Director, Investment Consulting Group, New York Life Asset Management

5:20 Chair’s closing remarks

5:30 End of Summit

*Please note this agenda is subject to change*

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Malik Ali, Senior Director, CIBC

Having worked with large global financial institutions, not-for-profit and audit firms across several countries in the Middle East, Asia Pacific & Africa during the last 15 years, I bring a wealth of knowledge and global perspective around governance, risk and control frameworks to my current role of Senior Director Audit. The audit work we do cuts across many functions (business, risk, compliance, finance etc.) and is often complex, requiring deep understanding of business. I enjoy working in a team and focus my energy on engaging staff to excel in their development.

I am a CFA Charter holder, CA CPA (Canada), a graduate of the Schulich CIBC Financial Services Leadership Program 2016 and holds Bachelor’s degree in Commerce.

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Vincent Chau, Head of US Liquidity and Funding Risk, UBS AG

Vincent Chau oversees liquidity and funding risk for the US operations at UBS and also manages market and liquidity risk for the UBS deposit-taking subsidiary. Vincent was previously at JPMorgan for 9 years in structural interest rate risk, commercial real estate, and credit derivatives market making. Vincent holds a MBA in Finance from NYU Stern and a degree in Computer Engineering from the University of Toronto. Vincent is responsible for liquidity stress testing, CCAR/DFAST models, and scenario generation. Vincent is interested in building a best-in-class risk architecture with on-the-fly analytics using customer behavioral models to optimize funding.

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Erjun Chen, Audit Director, CIT Bank

Erjun Chen is a director of Internal Audit Service at CIT. His responsibilities include leading an audit team covering the Liquidity and Market Risk Management practices as well as Regulatory Reporting.

Before  joining CIT, Erjun worked at Ernest & Young and KPMG as a Senior Audit Manager and an Audit Manager, respectively, focusing on the financial statements audits in the banking industry. Prior to that, he worked as a Foreign Exchange trader at one of Chinese Banks.

Erjun holds MBA in Finance from Fordham University Graduate School of Business. He is a CPA licensed in New York State. He obtained a certification of data analytics from eCornell.

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Andrew Craig, Officer, Funding and Liquidity Risk, Federal Reserve Bank of New York

Andrew is a liquidity risk specialist covering a large domestic financial Institution in the Second District of the Federal Reserve and participates in the Liquidity Program. He joined the Federal Reserve in 2011 after 20+ years in various treasury positions at a large domestic financial institution. Andrew holds a Masters in Economics from the University of New South Wales and a Masters of Applied Finance from Macquarie University. He is a Chartered Financial Analyst (CFA) and Financial Risk Manager (FRM).

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Jennifer Fitzgibbon, Managing Director, Head of Treasury Americas, Rabobank

Jennifer Fitzgibbon is Managing Director and Head of Treasury Americas for Rabobank, focusing on funding, liquidity and balance sheet management for the region.
Prior to joining Rabobank in 2016, Jennifer was a Principal at EY in the FSO advisory paractice after spending 5 years at RBS as Head of Americas Treasury for the MIB Division. In her 20+ year finance career, has also held many sr. level positions in Treasury, Finance and Risk Management at Barclay’s Capital, Lehman Brothers, Merrill Lynch, and Unicredit.
Jennifer holds an M.B.A. in Finance from New York University, a B.S. in Mechanical Engineering and a B.S. in Psychology, both from Old Dominion University. Jennifer is Series 7 and Series 24 licensed and holds a certification in Financial Risk Management (FRM) from GARP. Before embarking upon her career in banking, Jennifer spent two years as an aerospace design engineer for The Boeing Defense and Space Group

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Vineet Gumasta, Head of Balance Sheet Risk Management, North America, Rabobank

Vineet Gumasta is Head of Balance Sheet Risk Management North America at Rabobank. He has 18+ years’ experience in market risk, balance sheet risk management and extensive exposure to several regulatory environments spread across Asia Pacific and North America. He is a member of Risk Management Committee North America and a permanent invitee to ALCO North America besides representing region on the individual entity risk committees. His team is responsible for Balance Sheet risk reviews, frameworks, balance sheet risk related to new business initiatives, interest rate risk management and governance around EPS requirements with respect to liquidity risk management for the combined US operations. Prior to joining Rabobank Mr. Gumasta has worked with HSBC.
Mr. Gumasta holds a Master’s degree in financial management from Jamnalal Bajaj Institute of Management Studies, Mumbai University and an FRM certification from GARP.

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Gautam Jha, Director Liquidity Risk, Bank of Tokyo-Mitsubishi

Gautam Jha will be presenting at Liquidity Risk Management USA

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Shahab Khan, Head of Regulatory Interpretations – Liquidity, Deutsche Bank

Shahab Khan currently works for Deutsche Bank in New York as Head of Regulatory Interpretations- Liquidity in Treasury. Prior to this, he worked for various financial institutions and was associated with one of the big 4 accounting firms in the financial advisory group at the beginning of his career. During his professional career, he has held various positions in Treasury and M&A groups. For the last several years, he has been dealing with Capital and Liquidity regulations that are applicable in the US. At present, he is actively involved in interpreting Liquidity regulations and evaluating its impact to the Bank. In addition to MBA, he is also a Certified Treasury Professional.  Besides being an avid reader, he loves travelling and kickboxing.

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Indra Kish, Senior Liquidity Advisor, BNP Paribas

Indra Kish is a Senior Liquidity Advisor within Liquidity & Investment Advisory Americas at BNP Paribas.  Indra is responsible for developing liquidity management solutions for multinational corporations through the use of short- and medium-term investment products.  Prior to this role, Indra was a senior banker and relationship manager supporting the Non-bank Financial Institutions Sector.

Before joining BNP Paribas, Indra held client advisory roles at the Bank of New York, Societe Generale and Deutsche Bank.  Indra holds a Bachelor’s degree from the State University of New York at Stony Brook and is a Certified Treasury Professional and member of the Treasury Management Association of New York.

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Armel R. Kouassi, Head of Balance Sheet Modeling, Northern Trust

Armel R. Kouassi is a senior finance professional with broad-based experience in Asset Liability, Fin-Tech and Treasury Portfolio Modeling.  His experience includes a wide range of products with assignments in several major financial institutions and a Big 4 Audit Firm.  He has worked and lived in numerous locations throughout the United States, Europe & Africa.  Recently Mr. Kouassi assumed a new position as Head of Balance Sheet and Asset Liability Modeling for Northern Trust headquartered in Chicago. Armel has shifted between entrepreneurial and senior banking roles in his career.

Armel is certified Financial Risk Professional and a member of Global Association of Risk Professional.  Armel received a MBA from the University Of Pennsylvania Wharton School and a Master in Finance from ESCP Europe, Paris, France.

Armel is a father of 3 girls, speaks three languages, he is passionate of Arts and Music and is member of the Board of Directors of the Ridgefield Symphony Orchestra. He is a board member of  NewArts/1214 Foundation in Newtown, Connecticut, a musical program to empower kids.  Armel is member of the Board of the Wharton Club of Africa, promoting and helping to invest in Africa.

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Yuhong Liu, Director, BNP Paribas

Yuhong holds Plasma Physics PhD from Columbia University. She has a broad risk management experience working across credit risk, market risk and model risk at Morgan Stanley and Citi Group. Currently she leads model validations at BNP Paribas covering liquidity models, portfolio strategy models, CCAR models, etc.

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Andres Oranges, Chief Operating Officer, Treasury, Societe Generale

As Chief Operating Officer for Treasury, Andres is leading the development of Société Générale’s culture and capabilities to re-imagine operational excellence of program, governance, regulatory and business management through its people and technology.

As a transformational executive and global business leader, Andres has an impressive history of surpassing ambitious business goals and delivering strategic innovations. He has a consistent track record of positioning groups for success, spurring multimillion-dollar cost efficiencies, delivering strategic change initiatives and building highly accomplished teams.

Andres’ passion is around people. He has had an opportunity to teach finance and economics at the university, is an advisor and mentor to numerous students and colleagues alike. His most important role however is inspiring his son and daughter to follow their dreams.

Andres holds a dual BS in Business Administration – Marketing and Finance, an MBA in Corporate Finance, multiple certifications and lives in the greater NYC area with his wife, son, daughter and two dogs. He is also actively engaged and committed to helping drive change in his local community through numerous non-profit organizations.

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Joe Peedikayil, SVP, Liquidity/Credit/Capital-Qualitative Model Validation, Wells Fargo

Joe is a Senior Vice President and current leader for Qualitative Model Validation for Liquidity, Wholesale Credit, ALLL and Capital at Wells Fargo & Company . Joe has held various positions in the financial services industry as well as Regulatory Agencies that include roles in the areas of Credit & Liquidity Risk Management, Risk Analytics & Stress Testing, Portfolio Management, Audit, as well as Senior Supervisory Examiner at the Federal Reserve Bank of New York, Board of Governors of the Federal Reserve and FDIC. Joe is a Federally Commissioned Bank Examiner and holds a B.S. Consumer Economics & Finance from University of Illinois, M.S in Finance from Indiana University, and is in the process of completing a M.S. in Predictive Analytics from Northwestern University. Joe holds a Credit Risk Certification from Risk Management Assoc.and is a Certified Treasury Professional (CTP).

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Rosanna Pezzo-Brizio, Director, Investment Consulting Group, New York Life Asset Management

Rosanna Pezzo-Brizio was formely the Treasurer and Head of Fixed Income at Intesa Sanpaolo NY Branch. In this role she was is in charge of managing the liquidity of the Branch as well as supervising a Proprietary Portfolio.

Mrs. Pezzo-Brizio is also an Adjunct Assistant Professor in the Department of Mathematics at Columbia University where she teaches Fixed Income Portfolio Management.
She has a PhD in Mathematics of Finance from the University of Brescia in Italy and a Master of Mathematics of Finance from Columbia University.
Before joining Intesa Sanpaolo Mrs. Pezzo-Brizio was an Exotic Trader at RBS, a Risk Manager at Greenwich Capital and an analyst at Goldman Sacks Asset Management.

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Philippe Rosset, Executive Director, Group Treasury, UBS AG

Philippe has over 10 years of international experience in the area of Fixed Income, Asset & Liability Management (ALM) and Corporate Treasury at UBS with a specific focus on wholesale financial markets. After starting his career in Europe, he moved to the US in 2007 where he occupies the position of Executive Director within Group Treasury, focusing on liquidity and funding (unsecured funding pools and funds transfer pricing) Philippe is a CFA Charterholder

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Yujush Saksena, Managing Director and Head of Market Risk, GE Capital

Yujush Saksena will be presenting at Liquidity Risk Management USA

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Daniel Weigert, Head of Market and Liquidity Risk, IDB Bank, NY

Daniel Weigert heads the Market and Liquidity Risk Management team in Israel Discount Bank, NY.
Daniel moved to NY following several years managing the Interest Rate and FX options trading desk within the IDB parent company in Tel Aviv, Israel.
His prior experience includes set-up and management of the derivatives revaluation platform for the option pricing software company, Super Derivatives.

29th July 2019

Liquidity assumptions: Qualitative approaches

By Joe Peedikayil, SVP, Liquidity/Credit/Capital-Qualitative Model Validation, Wells Fargo
24th July 2019

Interest rates: How firms can sufficiently plan and prepare for multiple outcomes

By Yuhong Liu, Director, BNP Paribas
19th July 2019

Liquidity risk: Maintaining balance sheet stability and risk appetite

By Armel R. Kouassi, Head of Balance Sheet Modeling, Northern Trust
11th July 2019

Liquidity Risk: Regulatory landscape and current industry trends

By Andres Oranges, Chief Operating Officer, Treasury, Société Générale
9th July 2019

Progressing with LIBOR transition in an uncertain environment

By Gary Levin, Director, Head of Fixed Income Market Risk for Americas, Société Générale
31st May 2019

Assessing the impacts and consequences of LIBOR transition including timelines, reference rates and the path forward

By Shannon Harris, Senior Research Executive, CeFPro 
9th May 2019

The future of LIBOR: Reviewing suggested changes and impact on portfolios

By Armel Romeo Kouassi, Head of Balance Sheet and Treasury Portfolio Modeling, Northern Trust
9th May 2019

Aligning risk management and strategic planning

By Fabrice Fiol, MD, Deputy Head of ERM, Societe Generale
11th December 2018

Center for Financial Professionals announces new FinTech Research and Advisory Board

Senior practitioners across the financial services industry join FinTech Advisory Board for the Global FinTech 250 Report set to be released at the X-Tech 2019 Convention […]
1st October 2018

Exploring the future predictions of liquidity risk management as a function and how the industry might evolve over the next five years

By Don Mumma, Managing Director – Risk, AxiomSL.
1st October 2018

The opportunities that Real-Time processing brings and the impact on liquidity risk

By Gary Manning, Director, Planixs
25th September 2018

Advancements in liquidity measurements as the battle for deposits intensifies

By Greg Muenzen, Director, Novantas.
25th September 2018

Risk Webinar: Liquidity risk playbook – From strategy to execution

19th September 2018

Key challenges and concerns on the horizon for liquidity risk managers

By Johan Van Duyvendijk, Americas Head of Market & Treasury Risk Control and Global Head Liquidity & Funding Treasury Risk Control, UBS.
11th July 2018

Examining changes to money market reform and the potential impacts to market volatility

By Jennifer Fitzgibbon, Head of Treasury Americas, Rabobank.

2019 Co-Sponsors:

Finastra


Finastra will be a Co-Sponsor at the 4th Annual Liquidity Risk Management USA Congress.

QRM


QRM will be a Co-Sponsor at the 4th Annual Liquidity Risk Management USA Congress.

2019 Exhibitor:

MAT- Mirai ALM Tool


MAT is a new generation ALM tool that leans on state-of-the-art technologies with the goal of evolving the balance sheet management to a new paradigm. MAT is not just a calculation engine, it engloves the three components of a traditional architecture – Data loading, calculation engine and advanced reporting – allowing the user to devote more time in analyzing the data instead of its generation. MAT is not just a management tool, it has been developed in order to cover both the management and regulatory requirements for interest rate risk and liquidity risk.
Because of the technologies involved, MAT is able to load and compute the data at the contract level. It incorporates an advanced set of dynamic reports ready for use as Repricing Gap, Sensitivity Analysis for NII and MVE, Survival Horizon and Liquidity Gap, LCR, NSFR among others but also to create as many reports as the user wants
through a powerful web reporting design.
MAT is a tool that offers some innovative functionalities such as: ALCO simulations, self-calibrated new business, manual entries module, MAT is available on mobile devices, cloud solution, data analytics module, etc.
MAT, rethinking the ALM.

Sponsorship

Can your organisation contribute? Please contact the Center for Financial Professionals today to discuss how we can deliver your thought-leadership at the event, help you generate leads, and provide you with unique networking and branding opportunities. For more information on what we can offer, please contact sales@cefpro.com or call us on +1 888 677 7007 where a member of the team will be happy to tailor the right package for you.

Media Partnerships

We are happy to support publications, associations and organisations at this event. From a simple company listing with your logo to taking advantage of some of our sponsor benefits listed above. To discuss a media partnership further please email noshin@cefpro.com or call +1 888 677 7007.

Venue

DoubleTree by Hilton Hotel Metropolitan
569 Lexington Avenue
New York, NY 10022, USA

Preferential rates at the venue:

We have secured a preferential rate of $299++ per night at the DoubleTree by Hilton Metropolitan from October 1 to October 5.
Please note that we have a limited number of rooms available. Any remaining rooms will expire on September 2 2019.

To book:

Telephone Reservations
Local Guests: 1-800-222-8733 (1-800-222-TREE)
International Guests: 001-212-752-7000
When calling, please use reference the CENTER FOR FINANCIAL PROF. room block, or group code CFP

Internet Reservations
To make reservations online please click:
https://secure3.hilton.com/en_US/dt/reservation/book.htm?ctyhocn=NYCDTDT&groupCode=CFP
Please ensure to enter the arrival / departure dates, to reserve at the discounted rate

FAQs

Can I present at Liquidity Risk Management USA

Yes, the Center for Financial Professionals are happy to discuss speaking opportunities at the Congress. For further information on this please contact shannon.harris@cefpro.com

Are there any rules on the dress code?

Business attire is requested. The Congress is a formal opportunity to network with like-minded professionals and to gain knowledge from the industry’s finest risk management experts.

What is the cost and what is included in the registration fee?

We offer incentives for ‘early bird’ registrants of the Congress, as outlined on our pricing structure.

Registration includes breakfast, refreshment breaks, lunches, the cocktail reception at the end of day One, full access to the Congress sessions and exhibition area. Presentations from sessions are also available, subject to speaker approval.

Where can I find the Congress documentation and speaker presentations?

All registered attendees will receive an email with access to documentation and speaker presentations*

All available documentation will be provided after the Congress has taken place. However we will work with our presenters to make these available before the Congress where possible.

*Please note that our speakers often have to gain permission from their relevant compliance departments to release their presentations. On rare occasions compliance may not allow presentations to be distributed.

Will breakfast, lunch and refreshment be provided?

Yes. As with all of our events the Center for Financial Professionals will be providing brilliant coffee, breakfast, lunch, refreshments, and smaller bites during the networking breaks.

Will there be opportunities to network with other attendees?

There are ample opportunities for networking and interaction throughout the Congress, such as

  • Breakfast, lunch and refreshment breaks
  • Drinks reception at the end of the first day of the Congress (subject to confirmation)
  • Q&A, panel discussions and audience participation technology at the event and during the sessions
I have several colleagues that would like to attend, is there a group discount?

Certainly! We are pleased to offer you a 50% discount on the third registration or provide a fifth registration for free.

If you would like to register more than five colleagues please contact us on +1 888 677 7007.

Please note:

  • Registrations must be made at the same time
  • Registrations must come from the organization
  • The lowest registration will be discounted
Are there opportunities to share my thought-leadership at Liquidity Risk Management USA?

Yes there are plenty of opportunities for the Center for Financial Professionals to share thought-leadership to the attendees of Liquidity Risk Management USA and our wider risk professionals community.

At the event
We can distribute your material to the attendees or even offer you an exhibition booth so that you may enjoy a more prominent presence at the Congress. Visit the Sponsor tab for further information or contact sales@cefpro.com / +1 888 677 7007.

Risk Insights
Feature your content on our Risk Insights website and supporting Risk Insights monthly newsletter. For further information please download our media pack here.

Are media partnerships available for Liquidity Risk Management USA?

Yes. As part of a media partnership we can offer a variety of options to increase the branding and awareness of your association, company, certificate, publication or media. We are flexible with what we can offer however we usually:

  • Provide a discounted rate to attend
  • Place your logo and profile on the Congress website
  • Place your logo on the Congress brochure
  • Place your logo on promotional content where applicable
  • Distribute your media/marketing at the Congress
  • Promote through social media channels

To discuss this further please contact noshin@cefpro.com or call +1 888 677 7007.

Earn up to 14.5 CPE Credits

Earn up to 14.5 CPE Credits for the two-day Congress.

  • Prerequisites: Knowledge of financial risk management
  • Advanced Preparation: No advanced preparation is required
  • Program Level: Intermediate to advanced
  • Delivery Method: Group-live

The Center For Financial Professionals is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.learningmarket.org

Please note these are subject to change as per the agenda and final credits will be available after the event.

IBOR 2019 is closely linked to Liquidity Risk Management USA 2019 and is taking place the day after (October 4) in the same venue!
Why not extend your learning and attend both?

CUSTOMERS
Reflecting on how customers/clients could be impacted by transition

TRANSITION
Reviewing legacy position transition challenges and how firms can manage transactions linked to LIBOR

SYSTEM CHALLENGES
Understanding the opportunities and challenges of adapting legacy systems

CASH PRODUCTS
Exploring industry approaches to adopting new cash products

INDUSTRY IMPACTS
Debating the potential impacts of LIBOR phase out on liquidity, funds transfer pricing and markets

SOFR
Discussing the challenges faced by implementing SOFR including changes to markets and term structure

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Jason Granet
Head of LIBOR Transition
Goldman Sachs

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Gaurav Shukla
Managing Director
Morgan Stanley

Mark-Cabana-120x120

Mark Cabana
Director, Head of Short Rates Strategy, Global Research
Bank of America

Gary-Levin-Head-Shot-120x120

Gary Levin
Head of Market Risk for Fixed Income in Americas
Société Générale

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Priya Misra
Head of Global Rates Strategy
TD Securities

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Frank Sansone
SVP Treasurer
China Construction Bank

For full agenda, speaker line-up and registration rates, visit www.cefpro.com/ibor

Representing a financial institution – (E.g. Bank, Insurance company, Asset Manager, Regulator)

LIQUIDITY RISK MANAGEMENT USA ONLY

Super Early Bird 
$1,199

Until August 30

(Save $600)

Early Bird   
$1,399

Until Sept 20

(Save $400)

Standard Rate   
$1,799

After Sept 20

LIQUIDITY RISK MANAGEMENT USA + IBOR 2019

Super Early Bird 
$1,798

Until August 30

(Save $800)

Early Bird   
$2,098

Until Sept 20

(Save $500)

Standard Rate   
$2,598

After Sept 20

Representing an information/service provider – (E.g. Consultant, Vendor, Executive Search Firm, Law Firm)

LIQUIDITY RISK MANAGEMENT USA ONLY

Super Early Bird
$1,499

Until August 30

Early Bird 
$1,799

Until Sept 20

Standard rate
$2,099

After Sept 20

LIQUIDITY RISK MANAGEMENT USA + IBOR 2019

Super Early Bird
$2,198

Until August 30

Early Bird 
$2,698

Until Sept 20

Standard rate
$3,198

After Sept 20

Group Bookings:

Group rates are available for 3 or more attendees from the same organisation, when registering at the same time. The current rate allows every third colleague to come along for half price or a fifth colleague to attend for free!

Other Ways to Register

1. Register by Email

Simply email us with your e-signature
we will do the rest for you!

We only need your:
– Full name
– Job title
– Company & address
– Contact number

2. Contact Us Directly

+1 888 677 7007

3. Download PDF Registration Form

CPE

EARN UP TO 14.5 CPE CREDITS

2019 Co-Sponsors:

2019 Exhibitor:

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#LRMUSA19