Social Media & Digital Marketing Seminar
Join the leading names in social media and experts in wealth management for an industry discussion on the best practices,…
Early Bird Rates – Until 2/15/19
Returning to Boca Raton, Florida, on May 6–9, the 46th annual SIFMA Operations Conference & Exhibition will gather operations, technology and regulatory leaders from across the securities industry.
As the industry continues to evolve in response to policy, risk, technology and regulatory changes, Ops 2019 will delve into the dynamic and complex environment that is reshaping operations, the customer experience and market requirements. Gain insight into the developments of key priorities including:
Register before early bird ends February 15, 2019.
Early Bird Rates | $1595 |
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Standard Rates | $1795 |
On-Site Rates | $1995 |
Early Bird Rates | $1995 |
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Standard Rates | $2195 |
On-Site Rates | $2395 |
Early Bird Rates | $895 |
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Standard Rates | $895 |
On-Site Rates | $895 |
Member | Non-Member | Regulator | |
---|---|---|---|
Early Bird Rates | $1595 | $1995 | $895 |
Standard Rates | $1795 | $2195 | $895 |
On-Site Rates | $1995 | $2395 | $895 |
Early bird rates end Friday, February 15, 2019
Registration questions? Contact Lizzie Grimm | Program questions? Contact Ellen Greene
12:30pm – 12:30pm
12:30pm – 5:30pm
Sponsored by Gresham Technologies.
Golf Outing: Tee off at one of the finest golf resorts in Florida, which was built in 1926. Discover the rich and historic value and tradition of this exquisite golf course dating back to when PGA professionals Sam Snead and Tommy Armour served at the course. The Shotgun Tournament will provide plenty of excitement as teams travel throughout the course and experience what this course has to offer.
Cost: $225 per player (includes green and cart fees)
Registration: Email Lizzie Grimm to reserve your spot.
Cancellation Policy: Refund requests received by April 29, 2019 will be granted less a $50 administrative fee. No refunds for cancellations received after April 29, 2019. Cancellation requests must be in writing.
3:00pm – 6:00pm
4:00pm – 5:00pm
7:00am – 6:00pm
7:15am – 8:15am
8:15am – 12:15pm
8:15am – 8:30am
Kenneth E. Bentsen, Jr.
8:30am – 8:50am
James R. Allen
8:50am – 9:15am
Catherine P. Bessant
Chief Operations and Technology Officer
9:15am – 9:40am
9:40am – 10:05am
10:05am – 10:30am
Robert J. Jackson, Jr.
10:30am – 10:55am
10:55am – 11:50am
The transformative impacts of emerging technologies are not limited to new ways of interacting with customers, but have the potential to reshape the operations, systems, and processes that drive the securities industry. This panel brings together operations leaders to explore looking how new technologies and industry initiatives can drive greater efficiency and reduce risk, and how the industry and the role of the operations professional may evolve over the next five years.
Joseph Guardino, Thomas A. Giacalone, Kelly Metz, Claire Santaniello, Thomas Tremaine
Managing Director, Client Operational Services, Global Banking & Markets Operations
Executive Vice President and Chief Operations Officer
11:50am – 12:15pm
Michael Wade
12:15pm – 2:00pm
12:40pm – 1:05pm
Automation technologies, such as Robotic Process Automation (RPA), present opportunities to reduce cost and improve quality, leveraging existing legacy platforms. However, firms have struggled to gain significant scale with RPA using centralized, top-down efforts. This struggle is often caused by ineffective opportunity identification mechanisms and ROI hurdles that only allow for large implementations. PWC and UIPath will introduce the concept of Citizen Led automation, allowing users to drive both ideation and implementation of big and small automation projects, surrounded by the appropriate crowd sourcing mechanisms, change management processes, and control framework. This approach and framework provide the starting point for key considerations in Digital Upskilling of the workforce and provide a way to engage your staff in framing the Operations analyst of the future.
Kevin Kroen, Jay McGrath
1:15pm – 1:35pm
Blockchain and Distributed ledger technology has everybody talking about the golden source of truth. Given that, the state of a singular dataset has been extremely difficult to achieve in practice, what constitutes a “golden copy” as it applies to data and how data is actually ensured to be this golden source. Does DLT truly enhance the notion of Golden source of data and how can we leverage it for production scale applications.
Bala Annadorai
Senior Director of Business Development and Strategy
2:00pm – 3:00pm
Robotics Process Automation (RPA) is a powerful technological tool that firms can use to transform their operations to build greater efficiency and accuracy, and better understand and manage risk. As the industry increasing adopts RPA, this expert panel will explore what you need to do to successfully implement this technology – from identifying the right use cases, applying the technology, and building it into risk management and governance frameworks.
Todd Lohr, Todd Purdy, Sridhar Rajan, Andrew Wedderburn
Kevin Carroll
Operations professionals continue to focus on the enhancement of the customer experience while mitigating risk created by the complexity and regulatory requirements in the corporate actions space. This session will highlight how firms are looking to manage regulatory and operational risk in corporate actions operations. Panelists will also explore the challenges and financial risks associated with worthless securities, 144A restricted to unrestricted voluntary exchanges and proxy, while looking at ways that operational organizations can be better prepared to handle these risks.
Carly Byrd, Lawrence Conover, James Monahan, John O’Day, Michael Tae, Andrew Zelenka
Vice President, Operations and Services Group (OSG)
Executive Director & Regional Head of North America Position Services
Senior Vice President, Corporate Strategy
Broadridge Financial Solutions, Inc.
November 15, 2019 marks the commencement of industry reporting to the Consolidated Audit Trail (CAT). The industry – in conjunction with the Exchanges, FINRA, and the SEC – has been preparing for this milestone over the last several years given that the CAT is one of the industry’s most significant builds in recent memory. During this session, subject matter experts will discuss various aspects of CAT reporting and what should be top of mind for firms as this critical reporting date approaches.
Ellen Greene, Shelly Bohlin
Brian Ruane, Susan Cosgrove, John Morik, Suzanne Sprague
Chief Executive Officer, Government Securities Services and Broker Dealer Services
Managing Director, Credit Risk, Risk Policy, Banking & Solutions
3:00pm – 3:30pm
3:30pm – 4:30pm
Personal financial data is an increasingly valuable asset in today’s global economy. Improving data quality to enhance the customer experience is critical to business success but protecting data from improper use is paramount. Discover the best practices to collect, store and use data while also safeguarding it from internal and external threats in an evolving environment.
Mark Steinhoff, CIPP, Leigh Feldman, Jodi Pinedo, Stuart Rubinstein
Managing Director, Head of U.S. Privacy within the Global Privacy and Data Protection Practice
President, Fidelity Wealth Technologies
The panel will discuss the Bulk Transfer initiative, a collaboration among regulators and the industry to create a common data and regulatory architecture for the efficient and speedy ‘bulk transfer’ of customer accounts, from a carrying broker dealer experiencing financial difficulties to a new carrying broker dealer(s). Subject matter experts and regulators will discuss the recently published Bulk Transfer Playbook, and the ongoing effort to standardize Bulk Transfer conversion files with the assistance of Sheltered Harbor.
Grace Vogel, Michael J. Alexander, Michele Hillery, Carlos Recalde
President, Wealth & Capital Markets Solutions
Executive Director, Equity Clearing Services & Fixed Income Product Management
With the Consolidated Audit Trail’s go-live date of November 2019 fast approaching, firms are working through this complex implementation project to ensure they meet their reporting obligations. During this session, project managers will share how their firms are working through this vast effort including coding, compliance, connectivity, testing, error correction and FDID generation.
Robert Walley
While buy-side is driving operational transformation to an ideal end-to-end automation, we still need to deal with the reality of working with archaic structures and processes across counter-parties and custodians. The buy-side operations community is collaborating on the exchange process for single security, implementing the process for initial margin for uncleared derivatives, and determining the impact of moving to SOFR to systems and operations. Join buy-side operational leaders and experts for an informative discussion on today’s challenges.
Michael DeBevec
Disruptive technologies like AI, ML, RPA, and SPA are no longer the stuff of science fiction, nor the “next big thing”. Successful firms are leveraging these technologies today in many facets of their operations: from trade analytics to advisor insights to smarter processes. This workshop will highlight current successes and observation on innovation from industry-leading [banks/brokers], service providers and analysts.
Ramprasad ‘RP’ Sandilya, Michael Tae
Vice President, Solutions Offerings
Senior Vice President, Corporate Strategy
Broadridge Financial Solutions, Inc.
Graeme McEvoy
Managing Director & Global Head, ISG Product Operations
4:30pm – 6:00pm
7:00am – 4:30pm
7:00am – 8:00am
7:30am – 7:50am
Throughout the industry, firms are looking to Artificial Intelligence and Machine Learning technologies to optimize their business. Text analytics uses AI, ML, and Natural Language Processing to unlock data from documents, filings, forms, agreements, and other unstructured formats. From risk monitoring and corporate actions processing to client on-boarding and data management, this Learning Lab explains text analytics and provides practical applications of text analytics for capital markets leaders.
Tony Brownlee
8:00am – 12:15pm
8:00am – 8:15am
Joseph L. Seidel
8:15am – 8:40am
Timothy C. Gokey
8:40am – 9:05am
Peter Driscoll
Director, Office of Compliance Inspections and Examinations
9:05am – 9:55am
This panel will bring together regulators across multiple asset classes to share their views on the emerging regulatory landscape. Regulators will share their perspectives on agency priorities and discuss current and potential new regulatory initiatives in 2019 and beyond.
Ira D. Hammerman, Vic Chakrian, Mark Katzelnick, Peter Driscoll, Bill Wollman
Senior Vice President, Financial Market Infrastructure, Supervision Group
Director, Office of Compliance Inspections and Examinations
Executive Vice President, Member Regulation - Regulatory Oversight & Operational Regulation
9:55am – 10:15am
10:15am – 11:00am
Claire Santaniello, Olga Naumovich, Staci Sullivan
11:00am – 11:20am
Steven J. Randich
Executive Vice President and Chief Information Officer
11:20am – 12:00pm
This panel will address the critical role of the DTCC in managing risk, clearing operations and capital on behalf of the industry. You will hear from the senior leaders of the DTCC who are shaping important capital and cyber risk management efforts and leading innovation as the industry’s largest financial markets utility. The panel will also discuss DTCC led projects for 2019 and beyond including Settlement Optimization and others.
Phil Davies, Timothy Cuddihy, Lisa Hershey, Murray C. Pozmanter
Managing Director, Financial and Operational Risk Management (FORM)
Managing Director and General Manager, Systemically Important Financial Market Utility (SIFMU)
12:00pm – 1:00pm
LIBOR is the most widely used reference rate in the world, referenced in trillions of dollars of bond and swap transactions. However, its future is uncertain. Global regulators have directed market participants to develop alternatives to LIBOR, and it is unclear whether LIBOR will exist after 2021. In the US, the Alternative Reference Rates Steering Committee has developed an alternative – SOFR – and trading has commenced in futures, swaps, and bonds referencing this new, more robust rate.
During this session, subject matter experts will discuss open issues and the roadmap. Many issues remain to be addressed, and much work still needs to be done across the industry to prepare for a broader transition to new rates. LIBOR is not just about bonds and swaps – it is also used in internal models, agreements, systems and other areas. Panelists will discuss where we are, where we are going, and what the industry needs to focus on to enhance resiliency and the robustness of our financial markets as we move towards new reference rates.
Christopher B. Killian, Roy Choudhury
Managing Director, Securitization and Corporate Credit
The role of the operations professional continues to evolve – driving the securities industry’s efforts to adopt new technologies, innovate processes and products, and expand the role to understanding and managing risk. As operations changes and evolves, this panel will explore the new skills, responsibilities and the place in the firm that ops professionals will take on.
Michael J. Alexander, Gavan Corr
President, Wealth & Capital Markets Solutions
The Automated Customer Account Transfer Service (ACATS), with their partner DTCC, have identified opportunities to modernize the transfer process. As we move closer to implementation, this panel of subject matter experts will explore the transfer changes including technology, best practices and regulatory rule changes as well as the benefits to the client.
Kelly Cornwell, Edward Leddy, Kevin Moran, Evan Oliveaux
This panel of industry experts will discuss the techniques and tools that firms are employing to increase resilience and reduce the probability of operational failure. Many failures were the result of poor technology change management processes, prompting new regulatory guidance for operational, cyber and technology resilience. How do you manage towards production stability and achieve recovery time objectives including the use of software and other tools without compromising client experience?
Sean Carroll, Michael J. Alexander
Managing Director – Chief Risk Officer, Global Operations
President, Wealth & Capital Markets Solutions
This workshop reviews the upcoming changes to the “to-be-announced” (TBA) mortgage market with the implementation of the Single Security Initiative going live on June 3rd this year. Representatives from the government-sponsored enterprises (GSEs), both Fannie Mae and Freddie Mac, will present valuable information to any firm that participates in the TBA market or invests in single-family mortgage-backed securities (MBS). Workshop attendees have the opportunity to delve into the intricacies of the optional PC Exchange and the new “uniform MBS,” (UMBS) commingled securities. The GSEs are here to answer questions and assist firms in getting to the finish line.
Jamie Miller, Stephanie Milner
Director - Capital Markets and Securitization
1:00pm – 2:30pm
1:30pm – 2:00pm
2:10pm – 2:30pm
3:00pm – 4:30pm
Sponsored by Fidelity Clearing & Custody Solutions and PwC
Claire Santaniello
10:00pm – 12:00am
Sponsored by Fidelity Clearing & Custody Solutions
8:00am – 11:00am
8:15am – 11:00am
8:15am – 8:40am
Christopher Rigg
8:40am – 9:05am
9:05am – 10:00am
10:00am – 11:00am
Recent advances in Fintech have driven a transformation of middle- and back-office functions. As firms evaluate new products and services, which will be most impactful to their firms? With new offerings in robotics to artificial intelligence, big data to cyber, panelists will share how these new initiatives can reduce risk while driving greater efficiencies.
Gerard Bermingham, Kevin Pleiter
11:00am – 11:00am
501 East Camino Real
Boca Raton, FL 33432
Situated on 356-acres in fabled South Florida, this eclectic property has reigned as an icon of elegance for more than 80 years. The inspiring environment offers a unique setting for an unforgettable conference event.
SIFMA reserved a block of rooms at the Boca Raton Resort & Club.
Rates will start at $255 per night and are quoted exclusive of applicable room tax, applicable service/hotel-specific fees, or other miscellaneous taxes.
Please note that the group rates are good through Friday, April 12th but rooms are limited and only available on a first-come, first-served basis–they may sell out early! Once the block is sold out, the hotel’s market price applies regardless of the date booking.
Make sure to confirm all cancellation policies and forfeiture of deposits directly with the hotel when booking your reservation.
Hotel Pirating Notice
It has come to our attention that several companies inaccurately representing themselves as our “housing vendor” are contacting individuals in the SIFMA community, soliciting business. Specifically, they will offer to make hotel reservations within the SIFMA block at the Boca Raton Resort & Club on your behalf, or even offer you a discount from the SIFMA rate.
If you are contacted by a hotel pirating company or any housing group, recognize that they are not endorsed by SIFMA and, despite their claims, they do not have access to our negotiated discounted rates. SIFMA does not initiate calls to sell sleeping rooms and under no circumstances is a full non-refundable payment at time of reservation required.
If you provide your credit card information to any of these unauthorized vendors, your card may be charged, but you may not have a reservation when you arrive in Phoenix. This is a scam. Reservations for the SIFMA 2019 Operations Conference & Exhibition should be made directly from the official conference website.
With three days of presentations, events and meetings, and over 900 people in attendance, we gained insights into top-of-mind topics for market participants. Inside this note from SIFMA Insights, we recap what was seen and heard, including: The Future of Fintech Is Now; Your Mission, If You Choose to Accept It; Distributed Ledger Technology, the Holy Grail; An Active Systemic DLT Case Study; We're Only As Good As Our Data; and Data and Cybersecurity Go Hand In Hand.
Why use RPA? Inside this note from SIFMA Insights, we analyze what robotics process automation (RPA) is and what it is not, and identify opportunities for RPA in financial services. With results from an anonymous survey of our members, this report is published as we gather in Phoenix for the opening day of SIFMA's 45th annual Operations Conference & Exhibition.
SIFMA Chair Lisa Kidd Hunt's presentation at the 2018 Operations Conference & Exhibition on the industry-wide data aggregation initiative.
What will the bank of tomorrow look like? How will markets function in 10 years? How will I interact with my financial life in the future? We all wonder what the future will look like, and it’s often written about, debated, and discussed. At Ops 2018, Scott Mullins, Head of Financial Services Business and Market Development at Amazon Web Services (AWS), hosts a discussion on the use of technology in Financial Services that examines yesterday’s predictions, today’s truths, and the trends pointing towards tomorrow.
Read CFTC Commissioner Brian Quintenz's speech, “Cutting the Grass, Adding Integrity and Promoting Growth.”
In this guest blog post from Broadridge, find out how firms can leverage their efforts to implement the Consolidated Audit Trail (CAT).
Remarks by SIFMA President and CEO Kenneth E. Bentsen, Jr. on Day 1 of the 2018 Operations Conference & Exhibition.
Remarks by SIFMA Executive Vice President Randy Snook on Day 2 of the 2018 Operations Conference & Exhibition.
Download and print the Ops 2018 program.
Download and print the Ops 2017 program.
Questions? Contact Diana Serri at 212.313.1258.
Media Inquiries
Contact Katrina Cavalli at 212.313.1181
Media Registration
Contact Evan Grogan at 212.313.1134
Policy
View SIFMA’s official press policy.
Code of Conduct
SIFMA meetings and events are intended to educate and engage our members and industry participants in thoughtful conversations. Inappropriate behavior will not be tolerated. SIFMA defines inappropriate behavior as any possible illegal conduct, verbal or physical abuse of any type, use of derogatory or discriminatory language, gestures or actions, unwanted invasions of privacy, any form of harassment, racism, sexism, or any other targeted comments which are intended to cause personal offense to another participant either in-person at the event or through social media channels, or the violation of any local, state, or federal laws or regulations.
If you are involved in or witness an incident at a SIFMA meeting or event that violates this Code of Conduct, please use this anonymous incident report form to let SIFMA know immediately. Please provide as much information as possible about the incident so that we can make a proper investigation. Any violations of law should be reported to law enforcement authorities.
SIFMA will investigate any reported incidents swiftly and confidentially if possible. SIFMA, at our discretion, may act on any reports of inappropriate behavior, including but not limited to removing a participant from the meeting or event and/or bar that person from attending future SIFMA meetings or events. SIFMA shall not refund any money paid for such attendee to attend the meeting or event, or for any travel expenses incurred to attend.
Substitutions
Conference registration substitutions are welcome. Email Lizzie Grimm at [email protected] with the following information and we will confirm the change: original registrant’s full name, substitute registrant’s full name, mailing address, title, phone and email.
Cancellations
Refunds will be granted for cancellations made three weeks prior to the start of the event. All cancellation requests are subject to a $100 processing fee and must be made in writing.
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