Markets Disrupted

Rethinking Risk, Regulations and Post Trade

Markets Disrupted

Rethinking Risk, Regulations and Post Trade

The disruption has begun. Unforseen events such as Brexit in 2016 and the unexpected Trump win have thrown global markets into a spiral of uncertainty. For risk managers, these unforeseen events means that banks will need to shift their attention towards moving from a historic Value at Risk (VAR) based testing towards more forward looking scenario analysis. For regulations, the commitment to move forward with expensive implementations of Fundamental Review of the Trading Book (FRTB) and Margin Reform is being questioned. Finally the advent of disruptive technology opens a whole new world in financial markets. Peer-to-peer (P2P) platforms where buyside institutions can start making markets, cloud technology where banks can adopt leaner 'plug and pay' solutions and distributed ledgers which will see the imminent collapse of trade date and settlement date into a matter of minutes.

Key focus areas:

 

Regulations: Will the Trump government be able to roll back markets regulations that were introduced post the financial crises. Hear from the original author of Dodd-Frank, Congress Barney Frank.

 

Rethinking investments and markets strategy in a new uncertain world ahead?

 

An overhauling of historic risk based modeling and a move towards forecasting black swans

 

FRTB, Margin Reform and SA-CCR: Complex regulations are coming but do banks have the appetite to implement them?

 

From Enterprise to Cloud based solutions and multi systems to Blockchain: Can this vision translate to reality?

 

Have banks failed to penetrate large segments of a growing ASEAN that needs banking services? How can the combination of disruptive technology and non bank lending, crowd funding provide much needed financing to the region?

Markets Disrupted & Leadership in Digital Conference - Day 1 - Thursday 8 June 2017

08:00

Registration and Morning networking

08:30

Welcome and Opening Keynotes

Preparing for the new players in the Future of Finance
The co-author of the landmark Dodd-Frank Act that put in place the structure to govern the excesses of the 2000s outlines how the same legislation will put in place the rules by which the financial services industry can tackle the future without losing sight of its calling.
Barney Frank, Chairman of the US Congress Banking Sub-Committee during the heart of the 2008 crisis and co-author of the Dodd-Frank Act.

Frontiers of Financial Technology
The recent breakthroughs by Google, Apple, Amazon and other players in making Artificial Intelligence (AI) more available on their platforms and across platforms is taking data and devices to the next level, after mobility. It bring together more insights into the data is innovation catalyst and leading expert on FinTech is exploring several major trends and technologies that are disrupting financial services today and will present his thoughts about how to stimulate regional innovation and build a supportive ecosystem that fosters start-ups
David Shrier, Founder and New Ventures, Massachusetts Institute of Technology (MIT).

My Journey in the Revolution Shaping Finance
The founder of one of the world’s first peer-to-peer lending platforms more than 10 years ago built his model without any contemporary to learn from. Today he is building an integrated wealth management model with the data and intimacy he is creating with customers Tang shares his insights as a leader, giving a snapshot of the current landscape and envisaging the potential or inevitable changes, and anticipates where the opportunities lie ahead.
Tang Ning, founder and CEO, CreditEase, one of the world’s largest marketplace lender and now an increasingly powerful wealth manager with a strong network covering 255 cities across China, as well as a worldwide network covering Asia, Israel, Europe and North America.

Leadership Dialogue on “How We Are Changing the World of Finance”
The speakers will be joined by a forward looking panel to try and construct how the industry is coming together in response to the inevitable changes in the world of finance. They will discuss the key influencers and factors in driving the revolution.

Panellists include:

  • Barney Frank, Former congressman, co-author of Dodd-Frank Act
  • Tang Ning, Founder and CEO, CreditEase
  • David Shrier, Founder and New Ventures, Massachusetts Institute of Technology (MIT)
  • R Vivekanand, VP & Co-Head, TCS Financial Solutions
Chaired by Emmanuel Daniel, Chairman & co-chaired by Gordian Gaeta, International Resource Director, The Asian Banker

10:30

Coffee Break

 

Markets Disrupted
Rethinking Risk, Regulations and Post Trade

Leadership in the Digital Economy

11:00

From the Financial Crises & The Regulations:  What happened behind the scenes?

  • A look at what really happened behind the scenes of the 2009 Financial Crises
  • In hindsight, are we over regulating the markets? Are there critical regulations vs. those that can be removed?
  • The consequences of repealing Dodd Frank and how Trump policies may impact global markets

Barney Frank, Former Congressman, U.S. House of Representatives

Panel Discussion:

Part 1: The Trump Dilemma and the Future of Markets: A Whole New World

  • The Trump Dilemma: The unintended global economic and financial fallout of putting “America First” 
  • Repealing Dodd Frank and its implication on global markets
  • Global uncertainty: The rise of populism, uncertainty & potential black swans

Speakers/Panellists include:

  • Barney Frank, Former Congressman, U.S. House of Representatives (co-author Dodd Frank)
  • Geoffrey Heenan, IMF Representative South East Asia
  • Michael Syn, Michael Syn, Executive Vice President, Head of Derivatives, Singapore Exchange

Session chaired by Sam Ahmed, Managing Director, Deriv Asia

The Integration of Finance and Payments into Business, Government and Society
This broad ranging session stakes out the converging forces transforming the financialsectorand the implications on hard business decisions and societal values.

  • What are the driving forces behind the increasing interconnection between finance, business, society and government?
  • What are the top of the mind concerns for traditional financial institutions with more players sharing the lunch in providing financial services to society?
  • How financial technology aims to create seamless transactions and supply chain in the workings of the government, business and society?

Speakers/Panellists include:

  • With a keynote speech from Slava Solodkiy, Managing Partner, Life.SREDA
  • Cathy Lemieux, EVP, Supervision and Regulation, Federal Reserve Bank of Chicago
  • Suhail Amar Suresh, Group CTO, Maybank
  • Gitesh Athavale, SVP & GM, MatchMove Pay
  • Nizam Ismail, Head, Regulatory Practice, RHTLaw & Fellow, SIM University
Chaired by Richard Hartung, International Resource Director, The Asian Banker

12:00

Part 2: Asia in a volatile world: The consequences of Trump government and its impact on Asian markets. Identifying growth opportunities, hidden systematic risks and credit bubbles in Asia. Have these risks been fully factored into the Asian emerging markets yield?

Speakers/Panellists include:

  • Barney Frank, Former congressman and co-author of the Dodd-Frank Act.
  • Dr. Ron Leven, Senior Scholar Faculty of International Affairs, Columbia University
  • Geoffrey Heenan, IMF Representative South East Asia
  • Michael Syn, Executive Vice President, Head of Derivatives, Singapore Exchange
  • Sian Goh, Managing Director, Head of Research & Strategy, Dymon Asia Capital

Session chaired by Sam Ahmed, Managing Director, Deriv Asia

Prioritising New Operations and Business Models in an Industry Disintegrated by Technology
As the whole spectrum of financial services are adapting to digitalization and technology, we are seeing more integrating moves by the players to work together in a way that they mutually co-exist. This session looks at the big picture of what is happening in the ecosystem.

  • What are the key priorities for both traditional and alternative sectors in order to stay relevant?
  • What are some of the new business models in payments, loans, and transactions that are emerging as the future direction that the industry should be heading towards?
  • How do we ensure interoperability between the different channels and technologies used?

Speakers/Panelists include:

  • With a keynote from Slava Solodkiy, Managing Partner, Life.SREDA
  • R Vivekanand, VP & Co-Head, TCS Financial Solutions
  • Susan Wee, EVP, UOB
  • Raymond Leung, Advisor, Alliance Bank Malaysia

Chaired by Anne Weatherston, Board Director, Energy Australia

13:00

Luncheon

14:30

Panel Discussion:
Dealing with complex and costly regulations: FRTB, Margin Reform and SA-CCR. How should banks transform their businesses?

  • Meeting the requirements: Rethinking organisation, governance, modelling and technology
  • Costs, challenges and roadblocks of banks experiencing internal transformation

Speakers/Panellists include:

  • Frankie Phua, Managing Director & Head of Group Risk Management, UOB
  • Frederick Shen, Head of Business Management, OCBC
  • Valerian Crasto, COO & Managing Director of Treasury & Markets, DBS
  • Rohit Verma, APAC Head of Risk -Futures & Clearing, Citi

Session chaired by Sam Ahmed, Managing Director, Deriv Asia

Imagining the Future of Work- How the Skills we Hire and the Work we Value in Financial Institutions are Changing Today, are AI and Robotics Making a Difference already?

From self-driving vehicles and semi-autonomous robots to intelligent algorithms and predictive analytic tools, machines are increasingly capable of performing a wide range of jobs that have long been human domains. Experts predicts that robots will have replaced one-third of jobs currently in existence in the developed world over the coming decade – with potentially profound implications for both workers and society as a whole. This session will also focus on how robots such as Pepper and chatbots like KAI are advanced technologies that will help humans cognitively offload transactional, daily tasks to focus more on the strategy level.

  • Omni-channel development - Knowing what your customers want before they do to keep ahead of the competition
  • Transformation opportunity – Rescale and relearn in order to innovate
  • Digital transformation in alignment with your business and strategy

Speakers/Panellists include:

  • SreeramIyer, COO, Institutional Banking, ANZ
  • Kanags Surendran, MD & Head, Digital Banking, CIMB
  • Hitesh Arora, Director Strategy and Customer Advocacy, CRMNEXT
  • Tobias Puehse, VP Digital Payments and Labs - Innovation Management, Mastercard

Chaired by Rob Findlay, SVP, Experience Design, DBS

15:30

Panel Discussion:
Overhauling Risk: The “risks and rewards” of moving towards “Forward Looking Models” and Stressed Scenario analysis

  • Why using historic VAR models is no longer relevant for global markets tomorrow
  • Stress Testing:  From static stress testing towards sophisticated scenario analysis
  • IFRS 9:  Booking losses before they eventuate – A historic change for finance

Speakers/Panellists include:

  • Yves Tomballe, Head of Liquidity Risk, Bank of Tokyo, Singapore
  • Yash Misra, Director, Market Risk, DBS
  • Graeme Smith, Managing Director, Asia Head of FM Risk, ING Bank
  • Pierre Gaudin, Senior Director, Enterprise Risk Solutions, Moody’s Analytics
Session chaired by Dr. Ron Leven, Professor, Columbia University

Implications of the Next Revolution: From Mobile to the Connected Internet of Things

Mobile revolutions is nothing new. What is going to be the next revolution? How is mobile connected to the Internet of Things (IoT) and what are the implications on the way we do things. • Highlighting new payments channels - connected devices and smartphones

  • Streamlining business operations through efficient data use
  • Building a customer centric culture - benefiting from higher satisfaction rates
  • Going beyond operational cost savings- what is the business value of connected devices?

Speakers/Panelists include:

  • With a Keynote Speech from Genki Oka, CEO, Ant Financial, Japan
  • Lito Villanueva, MD, Smart Communications
  • Ron Hose, Founder and CEO, Coins.ph
  • Alvin Wong, Head of Regional Products, Samsung Pay

16:30

Coffee Break

17:00

Closing Keynote

Disruption, Pricing, and Frenemies in a Digital World
Technology has always had a deep impact on financial services, but the new chapter appears to be something different, and likely to result in bigger and faster transformations. Consumer expectations and behaviors have changed, and continue to change, driving waves of rapid technological innovation. These new products, services, and delivery methods have the potential to provide significant benefits for users of all manner of financial services – from expanding access credit to increasing the speed and convenience of payments. And yet, we need to be mindful of the range of risks these new activities produce, and ensure they are appropriately managed.
Cathy Lemieux, EVP, Supervision and Regulation, Federal Reserve Bank of Chicago

Speakers/Panelists include:

  • Cathy Lemieux, EVP, Supervision and Regulation, Federal Reserve Bank of Chicago
  • Dr. Ron Leven, Professor (MBA) Columbia University
  • Lito Villanueva, MD, Smart Communications
  • Ron Hose, Founder and CEO, Coins.ph

Chaired by David Gyori, CEO, Banking Reports

17:30

Close of Conference Day One

Leadership in Digital Conference - Day 2 - Friday 9 June 2017

08:00

Registration and Morning networking

08:30

Opening Keynotes

The State of the Industry: Collaboration and competition in the peer-to-peer world
Ron is leading America's first peer-to-peer lending platform with more than two million members and over $4 billion in funded loans. He will take us on a discussion of the evolution of the peer-to-peer industry and why collaboration and diversification is so important.
Ron Suber, President, Prosper Marketplace

Successfully Harnessing Fintech to Advance Online Marketplace Lending in China and Beyond
As we are seeing an enormous emergence of new players in the alternative finance industry, having a leading edge is crucial. Soul, who leads the world's largest benchmarking peer-to-peer company and which won the prestigious Technology Pioneer Award at the 2011 World Economic Forum will bring us on a journey on how he took on the challenge of competing in the biggest peer-to-peer market in Asia and rising as one of the best.
Soul Htite, Co-Founder of Lending Club, Founder and CEO, Dianrong.com

Keynote Dialogue:
Payment (R)evolution - Forging Ahead, Building Communities

Discussing which technology platforms, message standards, interoperability frameworks and business models will emerge as the leading next generation payment winners

Speakers/Panellists include:

  • Joel Yarbrough, Head,Corporate Development & Payments, Grab
  • Alvin Wong, Head of Regional Products, Samsung Pay
  • Rakesh Krishnamuti, Head of Large Enterprise Acquisition and Relationship Management, SEA, PayPal
Chaired by Emmanuel Daniel, Chairman & co-chaired by Gordian Gaeta, International Resource Director, The Asian Banker

10:30

Networking Break

11:00

Where Banks Fear to Tread - Providing Market Access and Credit to a Growing ASEAN Region through Non-banks and P2P Technology

  • Access: How non-banks, P2P and crowd financing platforms even out the barriers of entry to banking service
  • Overhauling credit assessment: Does the market need an alternative means of credit scoring rather than conservative banking models?
  • Tapping into excess wealth in Asia and channeling it towards unbanked sectors

Speakers/Panelists include:

  • Jinesh Patel, Partner, Dymon Asia
  • Mohammed Abas, Co-Founder, One Lyst
  • Jefferson Chen, CEO, Advanced.ia
  • Greg Krasnov, MD, Forum Capital

Chaired by Sam Ahmed, MD, Deriv Asia

12:00

Luncheon

13:30

From Enterprise hosting to Cloud - Is this the Future of Banking Technology?

  • From enterprise hosting to cloud services: Will banks go lean towards a plug and pay model?
  • Why most banks are looking to move their treasury businesses to cloud by 2020.
  • Vendors disrupted: Why traditional vendors need to reinvent their models and move towards leaner and agile offerings

Speakers/Panelists include:

  • Nick Walton, Head of ASEAN, Amazon Web Services
  • Karim Chabane, Director, Collateral Services, Citi
  • ChiouHao Chan, APAC MD, Mambu
  • David Gurle, Founder & CEO of Symphony

Chaired by Conor Cunningham, CEO, ACUO

14:30

Cryptocurrency or Digitalized Assets on Blockchain- How are Banks and Authorities Reacting in Asia?

  • Are crypto currencies making a comeback?
  • Are financial institutions in Asia ready to use Blockchain: Where is the lowest hanging fruit?
  • Blockchain and existing infrastructures: What happens to custodians after blockchain is implemented?

Speakers/Panelists include:

  • Mike Kayamori, CEO, Quoine Corporation
  • Marcelo Garcia Casil, CEO, DX Markets
  • Ganesh Iyer, SVP, Product Development, HSBC Securities Services
  • John Bailon, CEO, Satoshi Citadel Industries, Philippines
  • R Vivekanand, VP & Co-Head, TCS Financial Solutions

Chaired by Thomas McMahon, CEO, Pan Asia Clearing Enterprise

15:30

Networking Break

16:00

Closing Re-Imagination Session

Reimagining the future of money
Based on all that has been discussed in this Summit, Emmanuel Daniel and Gordian Gaeta will lead the entire conference in re-imaging what the successful financial institution should look like. A session not to be missed.

Imagination Panel

  • David Shrier, Founder and New Ventures, Massachusetts Institute of Technology (MIT)
  • Janos Barberis, Founder, SuperCharger and FinTech Hong-Kong, Co-editor of the FinTech and RegTech Book

Chaired by Emmanuel Daniel, Chairman & co-chaired by Gordian Gaeta, International Resource Director, The Asian Banker

18:00

Close of Conference Day Two

KEYNOTE SPEAKERS

  SPEAKERS

  Moderators

Agenda & Speaking Opportunities:

Sam Ahmed

Managing Director, Deriv Asia

sam.ahmed@derivasia.com.sg

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