FIMA 2014 (past event)
12 - 13 November, 2014
12 - 13 November, 2014 | QEII Conference Centre, London
Day 2
08:15 - 09:00 Coffee & Registration
09:00 - 09:15 Chair’s Welcome
09:15 - 09:35 Developing an effective data governance strategy and approach as a business critical tool across enterprise
• Creating full transparency of data governance strategy
• Ensuring technology and architecture capabilities are in line with your strategy
• Gaining buy in from all parts of the business
• Building regulatory compliance into your data governance strategy & rules
• Learning about data from data – taxonomy and its value to the business
• Showing value of data governance to your business heads – what is the impact on P&L?
• Ensuring technology and architecture capabilities are in line with your strategy
• Gaining buy in from all parts of the business
• Building regulatory compliance into your data governance strategy & rules
• Learning about data from data – taxonomy and its value to the business
• Showing value of data governance to your business heads – what is the impact on P&L?
09:35 - 09:55 Integrating Client Reference Data Utilities to Increase Efficiency
09:55 - 10:50 Flash Panel: Linking effective data architecture to governance and business performance – What are the critical success factors?
Enterprise-wide data use, siloed modeling and metadata management cannot be performed in a vacuum. Therefore, you have to provide data to multiple customers in different formats. This means clear and structured oversight on an organisational level with standard practices for enterprise data design, sharing, and reuse. This panel is about designing data architecture linked to specific policies for data governance associated with different aspects of your architecture. Find new ways you can best achieve top level capability and maturity of your data.
• Application rationalisation strategies – reducing your app footprint and is it worth it?
• Using managed utilities as a way of rationalising your apps
• How do you enforce effective architecture governance in line with your MDM strategy?
• Combining structured and unstructured data in your architecture strategy – what is the answer?
• Are silos really as bad as everyone tells you? Should you be getting rid of all of them?
• What will data architecture look like in 10 years time?
• If you had a magic wand and could change one thing in your data architecture – what would you do?
Stream A
10:50 - 11:30 Networking & Morning Coffee
Engage new contacts, share experiences from presentations and take advantage of the drop in clinics. Don’t forget to plan your time for the afternoon. Remember to sign up to the roundtables and workshops taking place in the afternoon to reserve your place.
Stream B
10:50 - 11:30 DROP IN CLINICS – Spend 15 minutes with an expert!
These bespoke sessions run by proven leaders on key subject matters provide you with the opportunity to address your specific concerns in the privacy of a 1-2-1 meeting. Book your clinic in advance on the topic that is highest on your priority list. Prepare your questions for the clinic leader in advance to best benefit from your exclusive 1-2-1 time. You'll leave your personalised session armed with fresh inspiration, a bespoke, practical toolkit and an action plan.
1. Operational Risk Management: Expert - Sophie Rutherford, Deputy Head of Risk & Control, Transaction Management Group, RBS
2. Managed services & 3rd party oversight: - Expert: Sue Baldwin, Head of 3rd Party Oversight, JP Morgan
3. Data architecture & IT Expert: Igor Lobanov, Enterprise Architect, Legal & General Investment Management
RBS
1. Operational Risk Management: Expert - Sophie Rutherford, Deputy Head of Risk & Control, Transaction Management Group, RBS
2. Managed services & 3rd party oversight: - Expert: Sue Baldwin, Head of 3rd Party Oversight, JP Morgan
3. Data architecture & IT Expert: Igor Lobanov, Enterprise Architect, Legal & General Investment Management
Sophie Rutherford
Deputy Head of Risk & Control, Transaction Management Group, Markets & InteRBS
11:30 - 11:50 Critical strategies for effective data governance
Adam Preston
Head of Client and Regulatory Data, CB Data & Business Services, CommercialLloyds Banking Group
11:50 - 12:10 Better compliance through regulation-ready data
As our industry grapples with data-related issues such as total cost of ownership, governance, efficiency and innovation, to name just a few, companies must focus on informing smarter decision-making, both for themselves and their clients. This session explores how firms can use technology to manage and capitalize on their data, ultimately transforming their greatest asset into intelligent, actionable information.
12:10 - 12:50 Flash Panel: The impact of regulatory change on your data strategy – what should you be focusing on today?
Speakers:
Chris Johnson Head of Product Management, Market Data Services HSBC Securities Services
Konstantinos Botopoulos Chairman MISC Committee, member of the Management Board, ESMA ESMA
Tom Springbett Head, FCA’s OTC Derivatives and Post-Trade Policy Financial Conduct Authority
Moderator:
Marion Leslie Managing Director, Pricing and Reference Services Thomson Reuters
Chris Johnson Head of Product Management, Market Data Services HSBC Securities Services
Konstantinos Botopoulos Chairman MISC Committee, member of the Management Board, ESMA ESMA
Tom Springbett Head, FCA’s OTC Derivatives and Post-Trade Policy Financial Conduct Authority
Moderator:
Marion Leslie Managing Director, Pricing and Reference Services Thomson Reuters
This panel is designed to give you a chance to ask questions directly to the regulator and the implementation authority ESMA. Both FCA and ESMA are currently working on how to devise, implement, monitor and supervise regulatory compliance. They are the ones coming up with the penalties, criteria for non compliance and timelines.
This is your unique chance to question them, give your feedback and delve deep into any regulatory initiative that is currently keeping you awake at night. Don’t miss this unique opportunity to question the regulators. Find out:
• What are the most important regulatory initiatives you should be spending your budget on today and why?
• Data aggregation and risk – regulatory imperative and impact on your business
• MIFID II, Solvency II, AIFMID, UCITS, EMIR, DODD Frank, FATCA, AML – focus and priorities
• Transparency and data aggregation – what is most important and how should you focus on it?
• Standardisation goals for the industry – what is the vision of the regulators’?
• Are regulators learning from other industries? How?
• Where will regulator be looking next and how you can practically prepare for the future
Financial Conduct Authority
This is your unique chance to question them, give your feedback and delve deep into any regulatory initiative that is currently keeping you awake at night. Don’t miss this unique opportunity to question the regulators. Find out:
• What are the most important regulatory initiatives you should be spending your budget on today and why?
• Data aggregation and risk – regulatory imperative and impact on your business
• MIFID II, Solvency II, AIFMID, UCITS, EMIR, DODD Frank, FATCA, AML – focus and priorities
• Transparency and data aggregation – what is most important and how should you focus on it?
• Standardisation goals for the industry – what is the vision of the regulators’?
• Are regulators learning from other industries? How?
• Where will regulator be looking next and how you can practically prepare for the future
Tom Springbett
Head, FCA’s OTC Derivatives and Post-Trade PolicyFinancial Conduct Authority
12:50 - 13:50 Networking Lunch
Stream A: Strategy, Governance & Architecture
13:50 - 14:00 Opening remarksStream B: New Data Strategies
13:50 - 14:00 Opening remarksStream C: Regulations & Compliance
13:50 - 14:00 Opening remarksStream D: Synergy Workshops
13:50 - 14:00 Opening remarksStream A: Strategy, Governance & Architecture
14:00 - 14:20 How do you enforce effective architecture governance in line with your MDM strategy?All agree that Master Data Management is the answer to data quality, at least most of it. No one needs persuading about the huge importance of golden copy and effective governance. The question is how can you govern your architecture in a complex environment without limiting anyone or any part of the business process? Join this presentation to learn:
• What are the vital architecture governance parts?
• How do they impact your business process, risk and P&L?
• Changing and improving architecture in line with your data governance strategy
• Fighting silos – is it always worth it?
• Ensuring future flexibility
• Getting buy in from all levels
• Showing and maintaining visible results
Stream B: New Data Strategies
14:00 - 14:20 How to Operationalise big data to ensure on-going business benefitBig Data at HSBC is focused on the ability to bring together and analyse vast amounts of data, internal and external, structured and unstructured, clean and messy, to reveal new client service and revenue opportunities whilst reducing data warehousing and IT costs. Success requires a new way of thinking and a new way of working.
Find out about how your business can benefit from knowing how to:
• Staff and structure a big data function
• Anticipate and address the challenges in recruitment
• Build out and retain an effective team
• Think about big data application
• Govern and convert big data opportunities
• Evolve your organisation's culture
Stream C: Regulations & Compliance
14:00 - 14:20 Approach to Solvency II- data analytics workflow• Extracting technical provisionsdata from actuarial systems
• Obtaining credit ratings for spread and default riskcapital charges
• Look-through requirements and data feeds from fund mangers
• Quarterly reporting adjustments
Stream D: Synergy Workshops
14:00 - 14:20 Synergy Workshop: Embedding cultural change from board level downStream A: Strategy, Governance & Architecture
14:20 - 14:40 IBOR: Changing the Rules on Prime Position RecordStream B: New Data Strategies
14:20 - 14:40 To bodly go where no database has gone beforeMarkLogic plays a pivotal role in top tier financial institutions and has enabled success where other multimillion dollar projects have failed. Its unique approach to managing and reporting against massive cross asset data sets and schemas has helped these organisations achieve their strategic aims.
Join us on our thirteen-year mission: to explore strange new worlds of flexible data modelling, to seek out new data governance approaches and new approaches to data quality.
Chris Atkinson
Solutions ArchitectMarkLogic
Stream C: Regulations & Compliance
14:20 - 14:40 Establishing a Common and Scalable Data Management Framework for On-going Regulatory CompliancePeter Ku
Head of Industry Consulting & Financial Services Strategist & Evangelist, NInformatica, LLC.
Stream D: Synergy Workshops
14:20 - 14:40 Steam D Continued14:40 - 15:10 Afternoon Coffee and Networking
Stream A: Strategy, Governance & Architecture
15:10 - 16:00 Flash Panel: Does the Investment Book of Records (IBOR) solve most business, governance and IT challenges in data management?
Speakers:
Igor Lobanov Enterprise Architect Legal and General Investment Management
Rodney Hutchinson Business Solutions Architect M&G
Ian Shrubsole Head of Data Governance Invesco
Les Beale Global Product & Strategy Northern Trust
Moderator:
Ian Hunt Subject Matter Expert, IBOR M&G Investment Management
Igor Lobanov Enterprise Architect Legal and General Investment Management
Rodney Hutchinson Business Solutions Architect M&G
Ian Shrubsole Head of Data Governance Invesco
Les Beale Global Product & Strategy Northern Trust
Moderator:
Ian Hunt Subject Matter Expert, IBOR M&G Investment Management
IBOR – is it a new acronym that we love to hate or a new tool that will help your business grow? There are existing IBOR instances, where internal and external reference data is centralised and supports a number of business processes, not all directly associated with investment data management. How does it differ from ‘ABOR’ (Accounting Book of Records) models? While IBOR is made to enhance data management and use in a business, there is disagreement on processes or functions that ‘naturally or logically fit’ under IBOR. This session will enable you to dig deeper into the thinking and processes behind IBOR development and implementation. Leave with ideas and practical tips for implementing IBOR in your business and explaining its benefits to your colleagues, teams and bosses. Does IBOR bring only data aggregation or something more?
• Technological and architecture challenges of building an effective IBOR
• Setting goals and forecasting impact of IBOR on P&L
• Will IBOR help your customers access data?
• How should IBOR aid the regulatory compliance challenges?
• Flexibility of IBOR and future goals setting – is it really what it says on the tin?
Stream B: New Data Strategies
15:10 - 16:00 Flash Panel: Creating a single customer view- Are you aware of the challenges and true impact on your P&L?Multi-channel customer contact, social media, growing customer expectations have all contributed to the pressure on data managers to create a single customer view. It is not only good for the customers, it is great for the business to have all data about a given customer on one page. Sounds simple and reasonable? Except most businesses struggle with maintaining a single customer view. If you order shopping online and then visit the store to buy some additional products the chances are that your records will show you as two different people with two different identities. This session is about two things. It is about how to create and keep customer data as a single record. It is also about how much it will cost your business if you fail to have a single customer view. Bad data puts huge dents in your P&L, and like no one else you know it. In an interview format, find out how Julia Sutton and Michael Horsnell, who have built many customer data bases, tackle the challenge and what they recommend when:
• Aggregating and rationalising internal data
• Regulatory impact on your single customer view
• Sourcing new data and ensuring data quality
• Dealing with unstructured data
• Involving your customer in creating a single customer view
• Overcoming security and fraud challenges
• Making your KYC more operational without loosing control
• Measuring impact on P&L – showing your board the money
Stream C: Regulations & Compliance
15:10 - 16:00 Stream C ClosedStream D: Synergy Workshops
15:10 - 16:00 Synergy Workshop: Tackling your regulatory data challengesStream B: New Data Strategies
16:00 - 16:20 Learn from another industry using data in defence- what is different?Stream C: Regulations & Compliance
16:00 - 16:20 Stream C ClosedStream B: New Data Strategies
16:00 - 16:20 Stream B ClosedStream D: Synergy Workshops
16:00 - 16:20 Synergy Workshop: Tackling your governance challenges to minimise cost and risk of penaltiesStream A: Strategy, Governance & Architecture
16:20 - 16:30 Learn from another industry Cyber crimePeter O'Doherty
Detective Superintendent, DirectorNational Fraud Intelligence Bureau