Complimentary Breakfast Briefing: Nov 8th 2012 in London
New regulatory reform is transforming the OTC derivatives industry by introduction new market infrastructure and significantly altering how buy-side institutions participate in the market from execution to clearing and settlement globally. Investment managers must navigate the new marketplace despite with a lack of clarity with regulatory rules and harmonisation among regional regulators whilst also contending with the consequences of the financial reform and the impact on trade costs, clearing strategies, liquidity management and their business as a whole. In a DerivSource breakfast briefing, a panel of industry experts will discuss how the buy side is contending with the new OTC derivatives market infrastructure and the questions and unknowns related to CCP clearing, trade costs, liquidity pressures and uncertain regulation that still needs to be addressed.
The panel will discuss some of the following questions:
• The cost of CCP clearing for the buy side
• Managing liquidity pressures in the new CCP environment and with restricted eligibility for margin
• Selecting the best direct clearing services – multiple clearer vs. single clearer strategies
• Collateral services and who (CCP or prime broker or custodian) is best equipped to provide transformation services?
• Default management and clarifying the process if counterparty or even a CCP fails?
Agenda:
• 8am Breakfast & networking
• 8:30am Welcome & presentation
• 9am Panel debate
• 10am Q&A with the audience
• 10:30am Closing Remarks & more networking
*Agenda and topics of discussion are subject to change.
Speakers:
• Barry Hadingham, Head of Derivatives & Counterparty Risk, Aviva Investors
• Cliff Lewis, Executive Vice President of State Street Global Markets
• Tracy Blackwell, Director of PIC & Co-Head of Asset and Liability Management
• Stuart Catt, Senior Associate – Sentinel Group at Mercer Investment Consulting
• Andrew Lamb, CEO, CME Clearing Europe
Panel moderated by Julia Schieffer, founder & editor-in-chief of DerivSource.com
To register: http://derivbreakfast.eventbrite.com
*Please note space is limited for this event.