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| 2.00-2.45 pm |
Registration |
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| 3.00-4.05 pm |
General Session |
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Introduction note by Nadine Hany, News Anchor, Al Arabiya Television
Welcome note by Wissam Khoury, Managing Director, SunGard Financial Systems Middle East
Keynote by Abdulla Mohammed Al Awar, Chief Executive Officer of Dubai International Financial Centre Authority
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4.05-4.40 pm |
Coffee Break
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What Happens Next in Risk Management ?
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| 4.40-5.30 pm |
What Happens Next in GCC BANKS Counterparty Credit Limit & exposure management |
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Lessons for risk management from “The Great Recession”: The severe economic cycle of 2008-09 has revealed a number of serious shortcomings in the practice of financial risk management. Often risk analysis has become too narrowly statistical and confined to broad summary measures. While such measures will continue to have their proper place they need to be supplemented by; much more flexible and detailed drill-down, iterative stress testing; assessment of the differing reliability of various risk measures and analysis of the implications of structural changes (so called “Dark Risks”) that often do not immediately affect visible daily volatility.
Sunando Roy, Director KPMG and Board Member of PRMIA
David Rowe, Executive Vice President of Risk Management at SunGard and Board Member of PRMIA
Jamal Saleh, Head of Risk Management, Commercial Bank of Dubai |
| 5.30-5.50 pm |
What Happens Next in Operational Risk ? |
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This session will take a 360 approach to the Operational Risk Framework, exploring implementation and Challenges.
Majdi Al Chaabouni, Group Head of Risk Architecture & Operational Risk, The National Commerce Bank (NCB) |
| 5.50-6.25 pm |
Bank of the Future |
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Best Practices in Anti-Money Laundering
As governments around the world increase their focus on stemming the flow of illicit funds into the world’s financial systems there are few countries who have not been touched by recent or impending regulatory change. During this session we will look at the impact of anti-money laundering legislation, both domestic and international, on a bank’s overall risk strategy and explore money laundering typologies and red flags whilst considering what happens next and how should the bank of the future look to keep up with such constant change.
Colin Day, Vice President, Compliance & Financial Crime Solutions, Ambit, SunGard |
| 6.25-7.00 pm |
What Happens Next in Profitability ? |
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Case Study - The key to improve profitability from client relationships is to ensure that its planning and analysis is expanded beyond the domain of finance managers and is provided as a decision making tool to relationship managers. Moreover, to ensure that customer profitability evaluation is meaningful and equitable, the scope should not be restricted to revenue generation and should encompass all the elements including the cost of capital. |
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Gourang Hemani, Manager Financial Planning and Control, Bank Saudi Fransi |
| 7.00-7.35 pm |
What Happens Next In Liquidity ? |
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This session will discuss liquidity management and the challenges facing the Middle East Banks. We will look at the major developments within Liquidity Management, emerging regulatory framework, and possible measures that the practitioners can adopt to prepare for the future.
Ajay Goel, Group Risk Management, Emirates NBD Bank.
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What Happens Next in Asset Management in the Middle East ?
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| 4.40-5.35 pm |
Regional trends in Asset Management |
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Today more than ever leading MENA hedge funds and investment firms need to provide high quality, accurate and timely information to portfolio managers, investors and regulators. In order to stay ahead of the market they are focused on increasing operational efficiency, on meeting Shariah compliance requirements, and on quickly recognizing growth opportunities in a highly turbulent market. Join SunGard’s Asset Management stream to learn how to turn these industry challenges into revenue sources and to prepare for tomorrow’s success both inside and outside this expanding region.
Jawad Ali, Partner, Deputy Head of Middle-East & Islamic Finance Practice Group, King and Spalding
Haissam Arabi, CEO, Gulfmena Alternative Investments |
| 5.35-6.35 pm |
Challenges of Multi-Asset Portfolios and Risk Control in Middle East Investment Management |
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Middle East asset managers and family offices often hold portfolios that combine traditional and alternative investments; directly held securities alongside fund holdings; and both liquid and illiquid assets including private equity and real estate. Post-financial meltdown, they face operational challenges in areas such as deal lifecycles, portfolio monitoring, liquidity analysis, and investor reporting.
Paul Compton, Head of Product Management, SunGard Alternative Investments, |
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Multifactor Risk Modelling for Buy-Side Risk Management. |
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In order to outperform in volatile markets, we must first understand the nature of risk. Factor models capture the essential drivers of risk, distinguish between systematic and idiosyncratic risk. To make risk management more robust, we must create realistic scenarios and use those to shock our “normal market” models. For Arabian and Global Markets we will show how this can be done.
Laurence Wormald, Head of Research, SunGard Alternative Investments. |
| 6.35-7.35 pm |
Panel Discussion and Q&A: What Happens Next in Asset Management ? |
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This panel will focus on forthcoming key trends in Middle Eastern asset management industry such as domiciliation, jurisdictions, corporate governance, compliance, asset classes shifts, new products, geographic correlation and diversification.
Moderator: Clare Curtis, Director, CCL Compliance
Catherine Doherty, CEO, Investit
Haissam Arabi, CEO, Gulfmena Alternative Investments
Mishaal Mussaid Al-Usaimi, CEO, Principal, Saffar Capital
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What Happens Next in Corporate Liquidity Management ?
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| 4.40-5.20 pm |
Centralization of Treasury - Gaining Increased Visibility to Global Cash & Risk. |
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Centralization of treasury functions has been a trend amongst the largest North American and European multinational firms for a number of years. Increasingly, the benefits of a centralized treasury are being recognized by companies of all sizes and all regions, from mid-market companies with relatively straightforward cash management, funding and foreign exchange requirements through to large firms with highly sophisticated treasury needs. In today’s uncertain financial environment, with rising costs, volatility of risk and increasingly expensive financing, treasury centralization offers some important advantages. Attend this session to gain insight from a recent study looking at treasury benchmarking and trends with a focus on centralization.
Andrew Woods, Group Vice President, Global Treasury Solutions, SunGard |
| 5.20-5.50 pm |
Changing Landscape of Payments: How to Reduce Costs and Improve Visibility to Cash Out-flows. |
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Corporations today are under ever more pressure to devise ways to manage their cash more effectively. Currently, many of these corporations are managing their payments processing and bank accounts in one of three ways – regionally, at the business unit level or at the subsidiary level. While these methods may offer a certain degree of flexibility, at the same time they often result in poor visibility and high ownership costs. This session will explore the topic of how implementing a payment factory can support organizations in gaining control over cash management, as it helps to automate and centralize payments processing across regions. Utilizing a single channel for payments processing also improves visibility of cash flows for better liquidity management and significantly reduces operational and transaction costs.
Luc Belpaire, Product Director Payments, SunGard
Sido Bestani, Regional Head MENA, SWIFT Dubaï. |
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| 6.25-7.00 pm |
What Happens Next in Commodity Hedging ? |
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Hedging commodity exposure through derivatives has become increasingly important for corporate treasurers tasked with stabilizing corporate cash flows. However, over the last two years this has been increasingly difficult to deliver effectively as volatilities have reached record levels, liquidity has dried up in the OTC market, and companies have experienced heavy losses on their commodity hedges. In this session, delegates will learn: how to apply an objective and rigorous approach to formulating a hedging strategy to meet corporate objectives even in volatile times; how to level the playing field with the banks and get fairer pricing on OTC commodity hedges; how to understand the true value of your hedges to comply with regulatory requirements and deliver accurate financial statements
Matthew Serynek, Senior Vice President of European Operations, SunGard's Kiodex |
| 7.00-7.35 pm |
What Happens Next in Money Market Funds ? |
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Why current market conditions support the use of Money Market Funds in a corporate treasury strategy? Gail Weiss, will discuss the role of Money Market Funds by US and UK corporate treasurers over the past year. Money Market Funds have provided a relatively high return with a low risk framework approach to investing: and this despite the unpredictable financial markets that have existed over the past year.
Gail Weiss, Managing Director, SunGard’s Wealth Management
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What Happens Next in Future Banking ?
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| 4.40-5.20 pm |
What Happens Next in Reconciliation ? |
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The past, present and future of Reconciliations. |
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Reconciliation is an absolutely critical part in a banks operations.
Straight through processing in its present form is quite revolutionary but can definitely improve in terms of real time reconcilitaion.
The emphasis should be laid up on getting inter bank statements online wherein each bank can see its statements on their correspondent's website and the same could be integrated with the bank's recon system.
Any outstanding breaks could be resolved by publishing them on the respective correspondent's website and their response with additional details/references could be updated immediately on the respective break that in turn will lead to its resolution.
This would lead to considerable reduction in manpower time involved while increasing productivity, savings and profits for the bank.
Mohamed Junaid , Business Analyst, Al Rajihi Bank, Riyad, Kingdom of Saudi Arabia. |
| 5.20-5.50 pm |
What Happens Next in SWIFT messaging ? |
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The Changing Landscape of Financial Messaging - Trends, Challenges and Opportunities in the Messaging Arena. Enhance the productivity and flexibility of your messaging hub. Offer new services to corporations and other financial institutions while reducing costs and risk.
Dieter Killenberger, Vice President and Global Head of Sales, SunGard Messaging Solutions |
| 5.50-6.25 pm |
What Happens Next in Retail Banking ? |
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Know Your Customer, Improve Efficiency and Adapt to Change. |
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Financial services institution have to focus on Solutions for their Customers by understanding their challenges in doing business in challenging times and offering them customized solution rather than standard products. In order to do this efficiently it’s crucial to balance Right Customer Experience for Right Segment to not only meet but Exceed customer expectation. Today's world has changed business reality for customers and hence their behaviour is changing significantly towards more cautious, risk averse and demanding customer. Banks have to adapt to this change reality and manage their cost and drive efficiency to improve the Customer Experience.
Chetan Parekh, Director, Management Consulting & Business Technology Advisory, Middle East/Asia, Cedar Management Cosultancy |
| 6.25-7.00 pm |
What Happens Next in Bank Treasuries ? |
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This session will explore how the events of the last 18 months may shape the future of bank treasuries. The importance of liquidity and balance sheet management, the role of the Central Banks in their relationship with bank treasuries, and finally attempt to answer, when will banks start to lend to each other ?
John Tuke, Deputy General Manager, Treasury and Asset & Liability Management, Commercial Bank of Dubai. |
| 7.00-7.35 pm |
Opportunities and lessons learnt from moving to a common Currency and common Payment Area |
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The Eurozone countries introduced a common currency, the Euro about 10 years ago and the European Union has recently implemented common payment schemes for Euro payment instruments. Learn how Banks and their corporate customers have changed their payments business and are trying to benefit from these changes. This testimonial is of interest to GCC country based institutions as a common currency in the Gulf region is being considered.
Luc Belpaire, Product Direct Payments, SunGard -------------------------------------------------------------------- |
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What Happens Next in Trading & Risk ?
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| 4.40-5.20 pm |
What Happens Next in Futures & Derivatives Trading in the Middle East ? |
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This session will explore the Futures and Derivatives world from the heart of UAE's Nasdaq Dubai Exchange in DIFC.
Moderator: Yadulla Ijtehadi, Managing Editor, Zawya.com
Jeremy Andrews, Regional Manager SunGard Capital Market & Investment Banking, SunGard.
Dean Noble Nasdaq Dubai Vice President Market Operations.
John Keogh, Managing Director, Susquehanna International Securities. |
| 5.20-5.55 pm |
What Happens Next in trading on exchanges in the Arab world? |
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This session will explore how local brokers are restructuring their businesses to handle clients’ requirements for cross-border trading. Our speakers will examine how technology can help overcome current challenges in providing a true multi-market brokerage offer.
Charles-Henry Choel, Head of Trading and Client Connectivity Product Line, SunGard.
Mohammed Ali Yasin, CEO, Shuaa Securities |
| 5.55-6.25 pm |
What Happens Next in Debt Market in the Middle East region ? |
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Developing a liquid and deep local currency debt market has positive effects in terms of diversifying monetary policy instruments, stabilizing the capital structure, and creating a yield curve essential for the pricing of financial assets and risk management tools. Furthermore it compels governments and corporations to improve their transparency and facilitates fund raising for large infrastructure projects through securities backed by future cash flows, as typical of project financing schemes.
Fabio Scacciavillani, DIFC Economics Director Microeconomics & Statistics, Debt Market & Fixed Income |
| 6.25-7.00 pm |
Insurance - What Happens Next in Enterprise Risk Management ? |
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In this session, our speaker will discuss real life case studies on Risk Management and the importance of Insurance and taking preventative measures. He will also be looking at creating RM framework, and risk based capital for Enterprises in the Middle East.
Rohan Sachdev, Partner, Business & Risk Advisory Services, Ernst & Young Pvt. Ltd. |
| 7.00-7.35 pm |
What Happens Next in Trading & Foreign Exchange ? |
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The Forex markets can be one of the most exciting asset classes to trade, but how has it changed in the last 10 years? And what is the future of Forex trading? Graham Wellesley will guide his audience through the major technological advancements that he has seen throughout his trading career.
Graham Wellesley, Viscount Dangan, Vice Chairman of ODL Securities, Prime Brokerage for Foreign Exchange
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| 7.35-9.00 pm |
Cocktail followed by food station standing dinner and networking |
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