Program
Wednesday, October 24 |
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7:00 p.m. - 11:00 p.m. |
Hospitality Suite |
Thursday, October 25 |
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7:30 a.m. - 5:30 p.m. |
Registration / Opportunity to View Exhibits |
7:30 a.m. - 8:00 a.m. |
Breakfast Hosted by G.X. Clarke & Co. |
8:00 a.m. - 8:15 a.m. |
Welcome / Introduction Fred Lipinski |
8:15 a.m. - 8:45 a.m. |
Featured Speaker |
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Donald F. Donahue |
8:45 a.m. - 10:00 a.m. |
Senior Oversight Group (SOG) Update for Dealers, Investors and Custodians: Advancements in Derivatives Processing Significant growth in the derivatives markets has led to a need to modernize the method by which operations professionals at financial services firms process and account for these instruments. With the advent of the Trade Information Warehouse and supporting infrastructure, broker-dealers, asset managers and hedge funds can rely on an electronic repository to maintain pertinent information relating to credit default swaps and, in the future, other derivative products. The Warehouse marks a change in industry business practices, which market participants, vendors and custodians appear ready to embrace. These industry advancements in derivatives processing are driven by the Senior Oversight Group (SOG), which suggests overall strategy for the Street, thereby ensuring that the industry is in a position to meet its commitments to various regulators. The SOG panel will provide the most up-to-date information on the Warehouse and where the sell side, buy side and custodians stand in order to maximize their OTC derivatives operations capabilities. Moderator: Joseph Sack Panelists: Peter Axilrod Steve Chittenden David Inggs Theodore Lubke Darren Measures |
10:00 a.m. - 10:30 a.m. |
Refreshment Break / View Exhibits |
10:30 a.m. - 11:30 a.m. |
DTCC's Upcoming NUWS/NIIDS System: Major Underwriting and Trade Dissemination Changes The industry is moving towards the implementation of DTCC's new underwriting system (NUWS), and the attendant dissemination of new issue information (NIDS) via NUWS. Listen to the industry experts as they provide updates to the current status of this important project and the operational and regulatory impact it will have to your various business lines. Moderator: Leslie Norwood Panelists: Richard Laufer Justin Pica Denise Russo Donna Simonetti |
11:30 a.m. - 12:30 p.m. |
A Buy-and-Sell-Side Discussion on Corporate Actions Listen to the dealers, asset managers and custodians discuss the current state of corporate actions and the industry's efforts to bring standardization to the corporate actions process. Hear of current challenges and obstacles with regards to receiving accurate and timely corporate actions information and what the industry's goals are to enhance the information flow from the issuers and downstream to all the parties in the complex chain of any given action type. Moderator: Todd Sullivan Panelists: John Binder Tina M. Davis Elizabeth Krow |
12:30 p.m. - 1:45 p.m. |
Lunch Hosted by Bank of New York |
1:45 p.m. - 2:45 p.m. |
The U.S. Department of the Treasury on its New Auction System and an update on FedWire Services from the Federal Reserve Listen to representatives from the U.S. Department of the Treasury discuss recent regulatory and technology developments affecting Treasury security auction participants. Panelists plan to discuss Treasury auction rules and compliance, business continuity planning, auction system technology issues, and Treasury's soon to be implemented new auction system, New TAAPS ®. Also, a representative from the Federal Reserve will give an update on recent and planned changes to the FedWire Services. Moderator: Michael W. Sunner Panelists: Paul Agueci Skip Draber |
2:45 p.m. - 3:15 p.m. |
An Update Regarding Standardized Fails Reporting Hear an update on the AMF’s Fails Initiative and how dealers, asset managers and custodians are working together to develop a standard fail report template. The goal of the Working Group is to standardize fail reports, which is a first step in bringing automation to a manual process. Robert Kemp of Morgan Stanley Investment Management serves as Chair of the AMF Fails Working Group. Moderator:
Douglas Taggart
Panelists:
Dave Hosler
Robert Kemp |
3:15 p.m. - 3:45 p.m. |
Refreshment Break / View Exhibits |
3:45 p.m. - 4:30 p.m. |
Bringing Back Inter-Bank General Collateral Financing (GCF) and Implementing Transitional Financing Bank Listen to representatives from the dealers, clearing banks and The Fixed Income Clearing Corporation as they discuss efforts by the industry to restore FICC's Interbank GCF Repo® Service. As well, listen to an update on progress made on the creation and implementation of the standby Transitional Financing Bank (aka NewBank). Moderator: Fred Lipinski Panelists: Kevin Caffrey Murray C. Pozmanter Raymond Stancil Robert Toomey |
4:30 p.m. - 5:30 p.m. |
An Update from the Treasury Market Practices Group (TMPG) Listen to a discussion of the Treasury Market Practices Group (TMPG) regarding its "Treasury Market Best Practices" document developed for all participants in the U.S. Government Treasury market. Focus will be on the application of Best Practices and their effects for Operations and Compliance personnel. The Group will solicit feedback and commentary on existing market practices as well as future issues for the TMPG to consider. Moderator: Jim Hraska Panelists: Kevin Caffrey Michael Calandra Dina Marchioni |
6:30 p.m. - 7:30 p.m. |
Reception Hosted by SunGard |
7:30 p.m. - 10:00 p.m. |
Dinner Hosted by Broadridge Financial Solutions |
10:00 p.m. – 12:00 a.m. |
Hospitality Suite Hosted by Park Hudson International LLC |
Friday, October 26 |
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7:30 a.m. - 8:00 a.m. |
Breakfast / View Exhibits |
8:00 a.m. - 8:15 a.m. | Welcome / Introduction |
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John Panchery |
8:15 a.m. - 9:15 a.m. |
Operations Management for Dynamic Markets Listen to the heads of operations from various market perspectives talk about the many challenges and goals of operations management. Hear their perspectives on the evolving nature of operations management, how technology effects decision making, how market globalization and convergence adds new pressures to firm operations and hear their views on where the field is going and how the industry should respond to ever increasing dynamic markets. |
| Moderator: |
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Randy Snook |
| Panelists: |
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Ann Marie Davis |
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John Brown |
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James Wallin |
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Edward Watson |
9:15 a.m. - 9:45 a.m. |
Update on FICC's Implementation of a Central Counterparty for MBS The panel will discuss FICC's plans to implement central-counterparty services for MBS. The panel will provide an overview of the new services, an update on the development of these services and an overview of implementation plans for CCP. Speakers: Elke Jakubowski Dennis Paganucci |
9:45 a.m. - 10:15 a.m. |
Refreshment Break / View Exhibits |
10:15 a.m. - 11:15 a.m. |
Effects of the Current State of MBS Markets on Operations Hear senior industry members discuss the operational challenges presented by and the impact of recent mortgage market turmoil. The discussion will cover both agency and non-agency MBS, as well as other products such as CDS. Moderator: Christopher Killian Panelists: Robert Leuchtmann Chair
Frank Atwood Vice Chair
Frank R. Malarkey |
11:15 a.m. - 12:15 p.m. |
Prime Brokerage: Operations Revolution Listen to senior operations professionals discuss the significance of Prime Brokerage services to investors. Hear how Prime Brokerage has effected the modernization of trading, operations and technology. Hear what investors needs are with respect to these services and what dealers can do to meet these needs. Also, a representative from The Fixed Income Clearing Corporation will discuss what FICC's plans are for the Prime Brokerage markets. Moderator: Eric Miller Panelists: Lisa Meiselman Steven Mahoney George Meagan |
12:15 p.m. |
Conference Synopsis/Closing Remarks |
1:00 p.m. - 5:00 p.m. |
Golf Tournament Co-hosted by Appix and Thomson Financial |
10:00 p.m. - 12:00 a.m. |
Hospitality Suite |
Saturday, October 27 |
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7:30 a.m. - 10:00 a.m. |
Breakfast |
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SIFMA would like to thank the following additional sponsors for supporting the Fixed Income and Derivatives Operations Conference:
Cyber Café Internet Hot Spot by JPMorgan
Tote Bags provided by ALaS
Wall Street Journals provided by Dow Jones