Europe s Leading Global Investor Services Gathering

Size: px

Start display at page:

Download "Europe s Leading Global Investor Services Gathering"

Logan Nelson
5 years ago
Views:

The 26th Annual Forum Main Conference: Tuesday 1 &

Workshop: Monday 30 November, 2015 Custody Law

2015 Hilton London Tower Bridge Hotel Europe s

Industry Speakers Taking Part This Year Include:

Cameron Head of Relationship Management,

1 The 26th Annual Forum Main Conference: Tuesday 1 & Wednesday 2 December, 2015 Custodian Selection Workshop: Monday 30 November, 2015 Custody Law Training Course: Thursday 3 & Friday 4 December, 2015 Hilton London Tower Bridge Hotel Europe s Leading Global Investor Services Gathering Key Industry Speakers Taking Part This Year Include: Sonia Maloney COO NORREP CAPITAL MANAGEMENT Alan Cameron Head of Relationship Management, International Banks and Brokers BNP PARIBAS SECURITIES SERVICES Dr. Leda Glyptis Head of EMEA Innovation Centre BNY MELLON Jürg Unger Head Custody & Vendor Relationship Management SWISS RE Penelope Biggs Head of Institutional Investor Group, EMEA NORTHERN TRUST Dr Christopher Sier Co-Lead FINEXUS

GCF 2015 Partners Contents Co-Sponsor Associate Sponsors Page 2 Page 3 Page 4 Page 5 & 6 Page 7 Page 8 Page 9 Page 10 Page 11 Page 12 Partners & Content Editor s Choice - Fresh Perspectives & New

2 GCF 2015 Partners Contents Co-Sponsor Associate Sponsors Page 2 Page 3 Page 4 Page 5 & 6 Page 7 Page 8 Page 9 Page 10 Page 11 Page 12 Partners & Content Editor s Choice - Fresh Perspectives & New Thinking Custodian Selection Workshop Main Conference Day One Main Conference Day Two Custody Law Couse Speaker List Client Line-Up and Partner Opportunities Sponsor Profiles Booking Form Supporting Sponsors Supporting Organisation 2

CFA INSITUTE Is Custody Affordable And Is

3 NEW PERSPECTIVES AND NEW THINKING The Future Of Finance Nitin Mehta MD Europe CFA INSITUTE Is Custody Affordable And Is Consolidation Upon Us? Dominic Hobson Founder COO CONNECT Disruption, Innovation And FinTech Dr Christopher Sier Co-Lead FINEXUS Digitilisation - What Is Good Big Data? Sonia Maloney COO NORREP CAPITAL MANAGEMENT 3

4 Pre-Conference One Day Workshop Monday 30 November 2015 The Evaluation, Selection & Monitoring Of Your Custodian Led by 09:00 Registration & Coffee 09:30 Workshop Commences Strategic Issues Facing the Custody Industry Changing asset allocation Custody issues: different perspectives Custodian responses Commitment Best Market Practice in Evaluation and Selection Reviewing existing custody arrangements Current and future operating models The benefits of switching custodians Lessons learnt from client experiences Planning and Preparing the RFP Recommend approach for reviewing and appointing global custodian Benchmarking services against best market practice Collecting data from the RFP Due diligence frameworks Contract and service level agreement DIY or use external specialist Preparing the RFP Short-listing Candidates Through Detailed Analysis Key criteria for evaluating custodians Consolidating the responses for comparative analysis RFP scoring methodology Analysis of responses Assessing the quality of systems and communication responses Fees Making the Decision The implementation process Due diligence framework Contracts and service level agreements Assessing the risks Performance Monitoring and Custodian Ratings Managing the custodial relationships Performance measurement Private custody ratings and custodian monitoring Understanding your capital market infrastructure risk 17:00 Final Q&A and Workshop Closes Thomas Murray IDS reserve the right of admission to this workshop which is only open to asset management and pension fund groups. 4

Main Conference Day One Tuesday 1 December 2015 08:45 Registration & Coffee 09:20 Chairman s Opening Remarks Simon Thomas CEO THOMAS MURRAY INVESTOR DATA SERVICES 09:30 Keynote Address: Is Custody

Penelope Biggs Head of Institutional Investor Group EMEA NORTHERN TRUST 10:50 Morning Coffee 11:20 How Will The Role Of The Global Custodian Change In The Future?

Kyle Ringrose, Head of Investment Operations QSuper Sonia Maloney, COO NORREP CAPITAL MANAGEMENT Mark Schoen, Global Investor Solutions Leader BNP PARIBAS SECURITIES SERVICES Murray Preston, Director

5 Main Conference Day One Tuesday 1 December :45 Registration & Coffee 09:20 Chairman s Opening Remarks Simon Thomas CEO THOMAS MURRAY INVESTOR DATA SERVICES 09:30 Keynote Address: Is Custody Affordable And Is Consolidation Upon Us? Dominic Hobson, Founder COO CONNECT 10:10 The Emerging Custody Landscape: Evolution or Revolution? Penelope Biggs Head of Institutional Investor Group EMEA NORTHERN TRUST 10:50 Morning Coffee 11:20 How Will The Role Of The Global Custodian Change In The Future? And How Will Its Servicing Of Pension Funds And Asset Managers Change? Kyle Ringrose, Head of Investment Operations QSuper Sonia Maloney, COO NORREP CAPITAL MANAGEMENT Mark Schoen, Global Investor Solutions Leader BNP PARIBAS SECURITIES SERVICES Murray Preston, Director Global Provider Strategy BLACKROCK 12:10 Guest Speaker: The Future Of Finance Nitin Mehta, MD Europe, CFA INSITUTE 12:50 Lunch & Special Focus Roundtables Custodian Selection FinTech Outsourcing T2S Stream A: Strategy, New Product Developments & Value Added Services For Asset Managers and Pension Funds 14:20 Digitilisation - What Is Good Big Data? And How Can It Be Turned Into A Value Added Service For Clients? Sonia Maloney Tony Russell COO Director NORREP CAPITAL COMMERZBANK MANAGEMENT Dr. Leda Glyptis Head of EMEA Innovation Centre BNY MELLON Dominic Hobson Founder COO CONNECT Stream B: Clearing & Settlement And Operations T2S Update Lessons Learnt And Preparing For The 2nd Wave Alan Cameron, Head of Relationship Management, International Banks and Brokers BNP PARIBAS SECURITIES SERVICES Dirk Pullman, Directorate General Payment Systems and Market Infrastructure, EUROPEAN CENTRAL BANK Jane Levi, Director SILPHIUM CONSULTING LTD Iwona Sroka, President & CEO KDPW and KDPW_CCP Guido Wille, Executive Vice President, Head of Market Development, CLEARSTREAM Penelope Biggs Head of Institutional Investor Group, EMEA NORTHERN TRUST Sonia Maloney COO NORREP CAPITAL MANAGEMENT Mark Schoen Global Investor Solutions Leader BNP PARIBAS SECURITIES SERVICES 5

Main Conference Day One Tuesday 1 December 2015 15:00 Stream A: Strategy, New Product Developments & Value Added Services For Asset Managers and Pension Funds Time For Innovation Or Is Status Quo

Jürg Unger Head Custody & Vendor Relationship Management SWISS RE 15:25 Latest Developments In Collateral Management (speaker to be announced) Stream B: Clearing & Settlement And Operations

Paul North Head of Product Management EMEA BNY MELLON 15:50 Afternoon Tea Afternoon Tea 16:10 Taxation Risk - Role Of Global Custodian (speaker to be announced) Latest Thinking On Counterparty Risk,

6 Main Conference Day One Tuesday 1 December :00 Stream A: Strategy, New Product Developments & Value Added Services For Asset Managers and Pension Funds Time For Innovation Or Is Status Quo Enough? Jürg Unger Head Custody & Vendor Relationship Management SWISS RE 15:25 Latest Developments In Collateral Management (speaker to be announced) Stream B: Clearing & Settlement And Operations Regulatory Roundup: EMIR, MiFID, MIFIR, AIFMD, UCITS V What Are Custodial Liabilities And Obligations Now? Paul North Head of Product Management EMEA BNY MELLON 15:50 Afternoon Tea Afternoon Tea 16:10 Taxation Risk - Role Of Global Custodian (speaker to be announced) Latest Thinking On Counterparty Risk, Recovery & Resolution Habib Motani Partner CLIFFORD CHANCE Dr. Leda Glyptis Head of EMEA Innovation Centre BNY MELLON 16:40 How Are Regulatory Changes Impacting Beneficial Owners And The Securities Lending Landscape? Stefan Kaiser Philip Morgan Director Securities Lending Head of Prime Finance Sales BLACKROCK NOMURA 18: GCF 2015 Evening Party hosted by Panel: How Will Mandatory Clearing Impact The Custody Business Sara-Jane Baker Director, Group Network Management UBS Jan M. Heckler, CFA Managing Director; Head Business Services Asset Management SWISS RE Damian Carolan Partner ALLEN & OVERY Gildas Le Treut Global Director Prime Clearing ABN AMRO CLEARING Iwona Sroka President & CEO KDPW and KDPW_CCP Stefan Kaiser Director Securities Lending BLACKROCK 6

Main Conference Day two Wednesday 2 December 2015 09:00 Morning Coffee 09:30 Chairman s Opening Remarks 09:40 NEW Research In Innovation And FinTech Dr Christopher Sier Co-Lead FINEXUS 10:20 Asset

Decisions Pension Plans Really Face Large Corporate Pension Plan special guest speaker to be announced on the day Jim Micklethwaite Director and Head of Capital Market Ratings THOMAS MURRAY DATA

7 Main Conference Day two Wednesday 2 December :00 Morning Coffee 09:30 Chairman s Opening Remarks 09:40 NEW Research In Innovation And FinTech Dr Christopher Sier Co-Lead FINEXUS 10:20 Asset Safety In Focus: How Account Holding Structures Can Impact The Safety Of Invested Assets 11:00 Morning Coffee Nick Bradley Chief Risk Officer THOMAS MURRAY DATA SERVICES 11:30 Outsourcing Update Where is The Industry Now? Les Beale Head of Global Product & Strategy - Investment Operations Outsourcing NORTHERN TRUST Tamara Cizeika Senior Associate ALLEN & OVERY 12:20 CHATHAM HOUSE RULE: Exchange Clearing The Impact And Decisions Pension Plans Really Face Large Corporate Pension Plan special guest speaker to be announced on the day Jim Micklethwaite Director and Head of Capital Market Ratings THOMAS MURRAY DATA SERVICES Susan Wright Regulatory & Compliance Specialist THE INVESTMENT ASSOCIATION Andrew Butler Head of Product & Solutions and Co-Head of Asset & Fund Services (AFS) BNP PARIBAS SECURITIES SERVICES Dr Christopher Sier Co-Lead FINEXTRA Susan Wright Regulatory & Compliance Specialist THE INVESTMENT ASSOCIATION 13:00 Lunch 14:00 Special Afternoon Country Focus: How Will Regional Developments Impact The Operations And Global Custody Space? a) Saudi Arabia b) HK/Shanghai/Shenzhen Stock Connect c) Africa 15:40 Chairman s Closing Remarks 16:00 Close Of GCF 2015 Tamara Cizeika Senior Associate ALLEN & OVERY 7

Post-Conference Two Day Training Course The A-Z of Global Custody Law Day One: Thursday 3 December 09:00 Registration Thursday 3 December 2015 - Friday 4 December 2015 Led by Matthew Baker Partner

8 Post-Conference Two Day Training Course The A-Z of Global Custody Law Day One: Thursday 3 December 09:00 Registration Thursday 3 December Friday 4 December 2015 Led by Matthew Baker Partner Berwin Leighton Paisner BACKGROUND What is a Global Custody Agreement? What are the general issues that the Agreement has to address? The effect of foreign laws on sub-custody issues The use of securities depositories THE CASH ACCOUNT Banking law and a banker s duties The use of client money accounts The holding of money outside the jurisdiction Money held for investment purposes 17:00 Close of Day One Day Two: Friday 4 December 09:00 Registration SPECIFIC ISSUES Money Laundering Taking Security Liability and Indemnity Instructions Other Issues Agency functions Further Developments in the Custody Service Matthew Baker is a partner in the Investment Management team at international law firm, Berwin Leighton Paisner. Matt advises on financial and banking regulation under UK and EU legislation and regulation (such as MiFID and AIFMD). In particular, he focuses on advising investment managers and investors on investment management matters, including investments, custody and administration. Matt advises on the law and practice relating to global safekeeping, administration and servicing of financial instruments (global custody). 17:00 Final Q&A 8

9 SPEAKERS Sara-Jane Baker Director UBS Matthew Baker Partner Berwin Leighton Paisner LLP Les Beale Head of Global Product & Strategy - Investment Operations Outsourcing Northern Trust Penelope Biggs Head of Institutional Investor Group, EMEA Northern Trust Nick Bradley Chief Risk Officer Thomas Murray Data Services Andrew Butler Head of Product & Solutions and Co-Head of Asset & Fund Services (AFS) BNP Paribas Securities Services Alan Cameron Head of Relationship Management, International Banks and Brokers BNP Paribas Securities Services Damian Carolan Partner Allen & Overy Tamara Cizeika Senior Associate Allen & Overy Dr. Leda Glyptis Head of EMEA Innovation Centre BNY Mellon Jan M. Heckler, CFA Managing Director; Head Business Services Asset Management SWISS RE Dominic Hobson Founder COO Connect Stefan Kaiser Director - Global Securities Lending BlackRock Gildas Le Treut Global Director Prime Clearing ABN AMRO CLEARING Jane Levi Director Silphium Consulting Sonia Maloney COO Hesperian Capital Management Nitin Mehta MD Europe CFA Institute Stephen Merry Director Thomas Murray IDS Jim Micklethwaite Director and Head of Capital Market Ratings Thomas Murray Data Services Philip Morgan Head of Prime Finance Sales Nomura Habib Motani Partner Clifford Chance Paul North Head of Product Management EMEA BNY Mellon Murray Preston Director - Global Provider Strategy BlackRock Dirk Pullman Directorate General Payment Systems European Central Bank Kyle Ringrose Head of Investment Operations Qsuper Tony Russell Director Commerzbank Mark Schoen Global Investor Solutions Leader BNP Paribas Securities Services Chris Sier Co-Lead FINEXUS Iwona Sroka President & CEO KDPW and KDPW_CCP Simon Thomas Chief Executive Officer Thomas Murray Investor Data Services Jürg Unger Head Custody & Vendor Relationship Management Swiss Reinsurance Company Ltd Guido Wille Executive VP Clearstream Susan Wright Senior Advisor, Regulation The Investment Association 9

client line-up Buyside clients already booked to attend include: New Zealand Superannuation Fund Castilium Mawer Lloyds Banking Generali Investments Europe Sgr Spa PFA Pensions Denmark Zurich UK Life

10 client line-up Buyside clients already booked to attend include: New Zealand Superannuation Fund Castilium Mawer Lloyds Banking Generali Investments Europe Sgr Spa PFA Pensions Denmark Zurich UK Life Columbia Threadneedle Coal Pension Trustees Services Ltd AP7 APG Asset Management Folketrygdfondet Blackrock Swiss Re Norrep Capital Management qsuper Nestlé Capital Advisers S.A. Abu Dhabi Investment Authority Storebrand IBM Pensions J.P. Morgan Asset Management Taking A Leading Role At GCF 2015 The Global Custody Forum presents an unrivalled opportunity to raise your profile and align your brand with Europe s leading global investor services gathering for senior representatives from the custody, pension fund and asset management community. For a tailored proposal, please don t hesitate to contact me via or phone, as per my details below: Jeff Ong Sponsorship & Exhibitions Manager jong@icbi.co.uk Tel: +44 (0) Good range of topics which were relevant & debated well. Murray J Preston, Blackrock (attendee at GCF 2014) 10

11 GCF 2015 SponsorS Co-Sponsor BNP Paribas Securities Services, a wholly-owned subsidiary of the BNP Paribas Group, is a leading global custodian and securities services provider backed by the strength of a universal bank. It provides integrated solutions for all participants in the investment cycle, from the buy-side and sell-side to corporates and issuers. Covering over 100 markets, with our own offices in 34 countries, the BNP Paribas network is one of the most extensive in the industry. We bring together local insight and a global network to enable clients to maximize their market and investment opportunities worldwide. Key figures as of 31 March 2015: USD trillion assets under custody, USD trillion assets under administration, 8,134 administered funds and 8,800 employees. Associate Sponsors BNY Mellon is a global investments company dedicated to helping its clients manage and service their financial assets throughout the investment lifecycle. Whether providing financial services for institutions, corporations or individual investors, BNY Mellon delivers informed investment management and investment services in 35 countries and more than 100 markets. As of March 31, 2015, BNY Mellon had $28.5 trillion in assets under custody and/or administration, and $1.7 trillion in assets under management. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). Additional information is available on or follow us on FinanceMalta, a non-profit public-private initiative, was set up to promote Malta s international Business & Financial Centre, both within, as well as outside Malta. It brings together, and harnesses, the resources of the industry and government, to ensure Malta maintains a modern and effective legal, regulatory and fiscal framework in which the financial services sector can continue to grow and prosper. The Board of Governors, together with the founding associations: The Malta Funds Industry Association, the College of Stockbrokers, the Malta Bankers Association, the Malta Insurance Association, the Association of Insurance Brokers, the Institute of Financial Services Practitioners, and the Malta Insurance Managers Association which is also affiliated; its members and staff are committed to promote Malta as a centre of excellence in financial services and international business. Northern Trust is a leading provider of asset servicing and asset management solutions for global asset owners and institutional investors including pension funds, insurance companies, sovereign entities and investment managers. Comprehensive solutions range from the provision of global custody to specialist investment accounting, institutional governance services, back and middle-office solutions and cross-border asset pooling. A proven partner to some of the world s most successful investors, these solutions also draw on long-standing expertise in servicing the full spectrum of investment strategies, encompassing traditional to alternative asset classes. Supporting Sponsors Supporting Organisation Media Partners 11

12 Monday 30 November: Custodian Selection Workshop Tuesday 1 Wednesday 2 December: Main Conference Thursday 3 - Friday 4 December: Custody Law Course Register Now Four Easy Ways! 1. Fax this form on +44 (0) Telephone us on +44 (0) info@icbi.co.uk 4. Via the website: Hilton London Tower Bridge Hotel 5 More London Place Tooley Street London SE1 2BY United Kingdom Tel: +44 (0) Web: Venue Details Delegates are responsible for the arrangement and payment of their own travel and accommodation. If you wish to book a room at the hotel venue, then please download the hotel booking form from 1st Delegate Name Job title Department Direct Tel Mobile Tel Address I would like to receive information on future events & services via . By giving you my address I am giving ONLY Informa companies the permission to contact me by . Hd of Dept: Name Job title Direct Tel Address Booking Contact: Name Job title Direct Tel Address Person who will attend if I have to cancel: Name Department Mobile Tel Department Mobile Tel COMPANY DETAILS Job title Department Direct Tel Mobile Tel Address 2nd Delegate: 2nd Delegate: Name Job title Department Direct Tel Mobile Tel Address I would like to receive information on future events & services via . By giving you my address I am giving ONLY Informa companies the permission to contact me by . 50% discount 3rd Delegate: Name Job title Department Direct Tel Mobile Tel Address I would like to receive information on future events & services via . By giving you my address I am giving ONLY Informa companies the permission to contact me by . Company Name: Address: Nature of Company s business: Postcode/Zip: PLEASE SELECT YOUR PACKAGE DATES Register By 11 September 2015 SAVE Register By 30 October 2015 SAVE Register After 30 October SAVE 5 Day Package: Conference + Workshop + Law Course 30 November 4 December (+ 20% VAT) = 4, (+ 20% VAT) = 4, (+ 20% VAT) = 4, Day Package: Conference + Law Course 1-4 December (+ 20% VAT) = 3, (+ 20% VAT) = 2, (+ 20% VAT) = 1, (+ 20% VAT) = 3, (+ 20% VAT) = 3, (+ 20% VAT) = 2, (+ 20% VAT) = 3, (+ 20% VAT) = 3, (+ 20% VAT) = 2, Day Package: Conference + Workshop 30 November 2 December Day Package: Conference Only 1-2 December Day Package: Law Course Only 3-4 December (+ 20% VAT) = 1, (+ 20% VAT) = 1, (+ 20% VAT) = 1, Day Package: Workshop Only 30 November (+ 20% VAT) = 1, (+ 20% VAT) = 1, (+ 20% VAT) = 1, DISCOUNTS: All discounts are subject to approval. All discounts can only be claimed at the time of registration and multi-booking discounts cannot be combined with other discounts that may be available (apart from early booking discounts which are available to everyone). 50% Discount for third and subsequently registered delegates for any packages that include the main conference. The VAT rate is subject to change and may differ from the advertised rate. The amount you are charged will be determined when your invoice is raised. Please note the conference fee does not include travel or hotel costs. We are happy to accept a replacement delegate for the whole event, however delegate passes cannot be split or shared between delegates under any circumstances. Conference code FKP2393 PAYMENT DETAILS: Please use this form as our request for payment. Fax and phone bookings should be made with a credit card number, or followed up by a posted registration form. Places are only guaranteed by full payment, which must be received before the conference. I will pay by: Cheque/bankers draft made payable to ICBI for... Invoice to be sent to my company Bank transfer - full details of bank transfer options will be given with your invoice on registration. To make payment by credit card: to ensure we provide the highest level of security for your credit card details we are unable to accept such payments via or fax which ensures that these details are never stored on our network. To make payment by credit card on-line, please enter your credit card details in our secure payments website that you will use when making your booking via the event website: Alternatively call our customer service team on +44 (0) TERMS AND CONDITIONS: Attendance at this conference is subject to the ICBI Delegate Terms and Conditions at Your attention is drawn in particular to clauses 6, 8 and 14 of the ICBI Delegate Terms and Conditions which have been set out: Cancellation Policy: If you cancel in accordance with this policy, you will receive a refund of your fees paid to ICBI (if any): (i) if you cancel your registration 28 days or more before the Conference, subject to an administration charge equivalent to 10% of the total amount of your fees plus VAT; or (ii) if you cancel your registration less than 28 days, but more than 14 days before the Conference, subject to an administration charge equivalent to 50% of the total amount of your fees plus VAT. ICBI regrets that the full amount of your fee remains payable in the event that your cancellation is 14 days or less before the Conference or if you fail to attend the Conference. All cancellations must be sent by to info@icbi.co.uk marked for the attention of Customer Services and must be received by ICBI. You acknowledge that the refund of your fees in accordance with this policy is your sole remedy in respect of any cancellation of your registration by you and all other liability is expressly excluded. Changes To The Conference: ICBI may (at its sole discretion) change the format, speakers, participants, content, venue location and programme or any other aspect of the Conference at any time and for any reason, whether or not due to a Force Majeure Event, in each case without liability. Data protection: The personal information which you provide to us will be held by us on a database. You agree that ICBI may share this information with other companies in the Informa group. Occasionally your details may be made available to selected third parties who wish to communicate with you offers related to your business activities. If you do not wish to receive these offers please contact the database manager. For more information about how ICBI use the information you provide please see our privacy policy at: If you do not wish your details to be available to companies in the Informa Group, or selected third parties, please contact the Database Manager, Informa UK Ltd, 149 Tottenham Court Road, London, W1T &AD, UK. Tel: +44 (0) , fax: +44 (0) or integrity@icbi.co.uk Incorrect Mailing: If you are receiving multiple mailings or you would like us to change any details, or remove your name from our database, please contact the Database Manager at the above address quoting the reference number printed on the mailing label. By completing and submitting this registration form, you confirm that you have read and understood the ICBI Delegate Terms and Conditions and you agree to be bound by them.

IDEAS TO IMPROVE MEMBER OUTCOMES 2018 FORUM

IDEAS TO IMPROVE MEMBER OUTCOMES 2018 FORUM Register two and get two FREE 2018 FORUM Examine the ways in which tax impacts super funds, from front office investment strategies and portfolio structuring through to operational and compliance settings