CorpActions 2017

Welcome to CorpActions 2017, March 7th 2017!

Greater detail, more subject matter experts and renowned industry leaders.

Registration Opens
Morning refreshment and pastries

Meet the exhibitors including product demonstrations and begin networking with your peers from across Europe

Chairman's Welcome

Tom Casteleyn
, Managing Director, BNY Mellon

Chairman's Keynote: The Place Of Utilities In The Corporate Actions Arena

Tom Casteleyn
, Managing Director, BNY Mellon

Technology Vs Humans - Corporate Actions 2050: Who Wins?

    Asset servicing operations are already adapting fast in light of new technology, but how far can we  - and how far do we wish to – minimise human input?
    To what extent is technology and innovation shaping the asset servicing industry of tomorrow?
    Can technology replace the human relations required for businesses to work together to offer the best market solutions?
    Can the customer survive without a human service provider contact to guide and support them?
    What role will (global) standardisation continue to play? How far will standardisation determine the level of technology transformation in the corporate actions industry? What role will “people” – and the institutions they work for – have in regulating the rise of technology: how can we keep the industry safe, secure and stable for the good of the markets while remaining competitive, cutting-edge and efficient?

    Diane Nolan, Managing Director, Global Lead Management Consulting, Capital Markets, Accenture
    Andreas Fletcher, Group Product Development, Deutsche Boerse Group AG
    Paolo Ferraroni, Product Manager Securities Services, Intesa Sanpaolo
    Fabian Nelissen, Executive Vice President, Global Head of Asset Services, Clearstream Services
    Brendan P. Farrell, Executive Vice-President, FIS Global

Offshoring, Nearshoring, Outsourcing

Firms are offshoring, nearshoring and outsourcing - what are the implications?

What are the main reasons for considering employing a near shore / far shore / outsource processing model?
What are the main requirements to be considered and addressed before implementing a near shore / far shore / outsourced processing operating model?
How do we bring on the next generation of experts and also retain existing expertise?
How do you manage the Operational risk as it becomes more geographically distributed?
What are the key considerations when managing remote processes?

Adam Stern, Managing Director, Ibacas
Philippe Mior, Head of GTB Securities Component Products, Deutsche Bank AG
Stuart Warner, Global Head, Asset Services, Markets Operations, HSBC Bank Plc
Dave Pettitt, Regional Head of Asset Servicing EMEA, Credit Suisse
Scott Nicol, Head of EMEA Compliance, Franklin Templeton Investments

Networking Break with Vendor Demonstrations
Meet the exhibitors and network with your peers

Business Model Evolution in Asset Servicing
They say that change is the only constant. This is as true today as ever with the implementation of new regulations and roll out of large scale infrastructure projects combining to reshape the European post-trade landscape. Join us for this panel to find out more about the new business models that are emerging in this new environment, and what this means for corporate actions. We'll also explore what opportunities are there to improve operational efficiency through new ways of working, new technologies and new services and uncover which areas are ripe for disruption.

Mathieu Mitevoy, (moderator), Euroclear, Director, Head of Product Management Europe
Dean Little, Asset Servicing Product Development Manager, Citi
Mark Savvas, European Sales Manager, Infomediary, Brown Brothers Harriman
Robin Chisholm, EMEA Head of Corporate Actions, Blackrock

Global and Regional Infrastructural Developments
What are the key developments in global infrastructure that will impact upon corporate actions and asset servicing over the next 5 years?
We take a look at both European and US-based developments to review which changes have occurred, what we need to be preparing for and how to respond

Impact to Corporate Actions processing with the Shortened Settlement Cycle to T+2

How firms are handling changes, including participation in industry wide testing and impact on liability in voluntary events within the US versus the European implementation of T+2

ISO 20022 messaging for corporate actions

Industry experiences regarding supporting ISO 20022 messaging for corporate actions
The latest on DTCC Corporate Actions Transformation
The evolution of ISO 20022 impacting the industry Globally and within Europe as a result of Target2-Securities.

Global Harmonisation

Key dates; are we seeing markets moving to standard date sequence for corporate actions I.E. Security distributions using a sequence of Ex date, Record date, Pay date.
Processing of CSDs; are we seeing CSDs evolving to support the industry with the processing of corporate actions?

Michael Collier, (moderator) Product Management, Market Advocacy at Deutsche Bank
Christine Strandberg, Product Management, Sub Custody, SEB, co-chair of the SMPG Corporate Actions Working Group, as well as the chair of the EMEA SWIFT Alliance
Tom Casteleyn, Managing Director, BNY Mellon
Quinnie Luong, Senior Product Manager, Fidelity Corporate Actions Solutions

Networking Lunch
Meet the exhibitors and network with your peers

Afternoon Keynote: Giles Elliot, TCS
The industry is giving a significant focus to the investigation of ways to leverage new technologies and digital sophistication to make material inroads into asset servicing processing efficiency and investment performance. What realistic options are available for firms to drive material benefits from such initiatives, and what barriers stand in the way to achieving these.

Giles Elliot, Head of Business Development, TCS BaNCS

State Of Play: What Is The Current State of Automation and Working Practices: What Are The Drivers

What is the current state of corporate actions processing.
What levels of automation have been achieved
Where are the gaps in the lifecycle
Where are these gaps bridgeable
What new areas of complexity, market change or regulation are disrupting this
What are the risk and cost implications to overcome this
How do we evaluate the business case for action

Virginie O’Shea, (moderator) Research Director, Aite Group, Head of Institutional Securities & Investments
Adam Cottingham, SVP, Smartstream
Ben van der Velpen, Senior Securities Market Consultant, ING
Steven Lamarra, Head of Investment Position Keeping, BNP Paribas Investment Partners

Networking Break with Vendor Demonstrations
Afternoon refreshment and pastries

Regional Focus: Corporate Actions Reform In Russia and Its Impact Upon Wider Europe

A series of significant reforms to Russian Corporate Actions practices, aimed at bringing Russia's financial market infrastructure in line with international standards, are also rich in lessons for other markets looking to make corporate actions issuance and processing more efficient.

This session will explore how Russia tackled the obstacles to greater efficiency, and draw lessons from the experience for other markets.

Topics covered will include:

  • Lack of standardization
  • Reducing levels of automation
  • High levels of intermediation
  • Incentivising issuers, investors and fund managers to change behaviour
  • Ensuring that all parties gain from the reform of corporate actions
Dominic Hobson, Co-lead of Aon McLagan Investment Services (moderator)
Maria Krasnova, Deputy Chair of the Executive Board of the NSD
Frank Slagmolen, Deputy Head of Global Capital Markets, Euroclear
Ulf Noren, Global Head, Cash and Sub Custody Sales, SEB
Jonathan Smalley, Vice President, Asset Servicing Product Development Manager, Citi

Blockchain and Disruptive Technologies
Advocates suggest Distributed Ledger Technology and Blockchain could be transformational, not just in corporate actions, often posited as a perfect fit, but also have far-reaching effects across the whole settlements and messaging infrastructure. On this view its success would fundamentally shake up parts of the securities industry framework.

Others have been more cautious, highlighting its limitations and functional impediments. This session outlines what it is, reviews the evidence thus far, the industry developments that are occurring, the limited trials that have taken place and what additional layers might be required running above it to make it an appropriate fit.

This session will also take the opportunity to review the assertions from previous sessions over the day and try to come to a consensus on who will be affected, what changes we should expect to see and what the longer-term effects will be for corporate actions, asset servicing and the wider industry.

Antony Peyton, Deputy Editor, Banking Technology
Brian McNulty, Managing Director, R3
Devesh Gupta, Global Product Head TCS BaNCS Corporate Actions, TCS
Angus Scott, Head of Product Strategy and Innovation, Euroclear Group

Chairman's Closing Remarks and Drinks Reception

Tom Casteleyn
, Managing Director, BNY Mellon

The conference will be followed by a drinks reception in the luncheon room.