ISLA 28th Annual Securities Finance and Collateral Management Conference 2019

   Transition...Innovation...Future State

Tuesday, 18.06.2019

13:00 – 14:00                     Registration

14:00 – 14:15                     Welcome Remarks

Andy Dyson, CEO, ISLA 

14:15 – 14:45                     European Political Update

Whilst the UK has been somewhat fixated with Brexit, the remaining 27 EU Member States will see the formation of a new European Parliament and Commission in 2019. This session will focus on the key issues that will shape the agenda across Europe in the coming five years.

Donald Ricketts, Managing Director, FleishmanHillard

14:45 – 16:00                     ISLA's Legal & Tax Initiatives 2018/2019

The first of a series of updates detailing the wide-ranging work that ISLA has undertaken on behalf of its members over the past 12 months. This session will include considerations for new and existing netting jurisdictions, the ongoing adoption of our new GMSLA Pledge Master Agreement, as well as further work on tax changes across Europe.

Habib Motani, Partner, Clifford Chance 
Steve Raddon, Tax Manager, Securities Finance Division, BNY Mellon 


16:00 - 16:30                     ISLA SFTR & CSDR Working Group Updates

On behalf of the ISLA SFTR and CSDR Working Groups, two concurrent presentations on the extensive work of the various work streams.
Adrian Dale, Director of Regulation & Market Practice, ISLA
James Montgomerie, Executive Director, EMEA Head of Securities Lending Operations  & Head Financing & Collateral Operations, Morgan Stanley 

16:30 - 17:15                    Regulatory Convergence - 2020 

Many of the regulatory initiatives that the financial services industry are working on come to some sort of conclusion or implementation in 2020. This final session of the day will look more broadly at how different investment and trading communities are preparing for the combined arrival of these regimes. As 2020 will also see the arrival of new margining rules for uncleared derivatives transactions, the panel will also consider the implications of the increase in demand for collateral, including HQLA that these rules will bring to the markets.

Andy Dyson, CEO, ISLA
Ina Budh-Raja, Director, Product & Strategy, Securities Finance, BNY Mellon 
Vincent Dessard, Senior Policy Advisor, Company Lawyer, EFAMA
Marije Verhelst, Director, Product Management, Securities Lending & Collateral Management, Euroclear SA/NV

17:15 – 19:00                     Welcome Drinks Reception

Kindly hosted by: 

Wednesday, 19.06.2019

08:00 - 09:30                     Beneficial Owners Breakfast Briefing (Closed door event for Beneficial Owners)                                           

08:30 – 09:30                     Breakfast & Registration

09:30 – 09:45                     Welcome Remarks

Gilly Meth, Managing Director, Morgan Stanley
James Templeman, Managing Director, BlackRock

09:45 – 10:15                     Keynote Speech


10:15 - 11:15                      Unlocking Liquidity Through Securities Lending

Spain, Saudi & Beyond...  

The support for new markets and the search to unlock new liquidity is at the heart of our markets. This session will look at the role that securities lending plays in the provision of market liquidity and explore some of the new and existing opportunities to do so . As we think about the broader CMU agenda, the panel will consider the importance of allowing Spanish domiciled UCITS to fully engage in securities lending, whilst drawing upon examples of markets and regions outside of Europe who are dealing with similar issues on the road to development and expansion. In the context of liquidity management and optimisation, the panelists will also consider the role of central clearing, pledge and other routes to market in the overall debate.

Ed Oliver, Managing Director, Product Development, eSecLending (Europe)
Harpreet Bains, Executive Director, Agent Lending Global Product Head, J.P. Morgan
Benoit Dethier, Director, Iberia Head of Business Development, Citi Securities Services
Mathew McDermott, Global Head of Cross Asset Financing, Goldman Sachs 
Boaz Yaari, CEO, Sharegain 

11:15 – 11:45                     Networking Coffee Break 


11:45 – 12:45                     Navigating a 'New Europe'

The uncertainty around the exact shape and form of the UK’s departure from the EU, has consumed considerable time and effort over the past three years. However as we look past that and the known unknown, there is much to debate and consider for the future landscape of Europe. This session will assess the key regulatory, economic and business drivers that will shape decisions. The arrival of the new EU Commission and Parliament, the potential loss of the UK’s voice from the European parliamentary arena, implications for data and cyber security, as well as the changing demands of clients more broadly.

Andy Hill, Senior Director, Market Practice and Regulatory Policy, ICMA 
Matthias Graulich, Global Head of Fixed Income, Funding and Financing Strategy and Development, Deutsche Börse Group 
Sven Kasper, Senior Vice President & International Head, Regulatory, Industry and Government Affairs, StateStreet Bank and Trust Company
James Knightley, International Economist, ING 
Graeme Perry, BNP Paribas 

12:45 - 13:00                     Presentation - ESG and Securities Lending

13:00 - 13:45                     The Impacts of ESG on the Institutional Investor Landscape

Jane Gimber, Account Director, Financial Services Practice, FleishmanHillard 
Xavier Bouthors, Senior Portfolio Manager, NN Investment Partners
Rene Nikolodi, Head of Equities & Themes, Swisscanto Invest by Zurcher Kantonalbank

13:45 - 14:45                     Networking Lunch
                                                           Kindly hosted by:  

TBC                                      Afternoon Drinks Reception
                                                           Kindly hosted by:

Thursday, 20.06.2019

09:00 – 09:45                     Breakfast & Registration

09:45 – 10:00                     Opening Remarks

Gilly Meth, Managing Director, Morgan Stanley
James Templeman, Managing Director, BlackRock

10:00 - 10:20                     Presentation - Common Domain Model

Ian Sloyan, Director, Market Infrastructure and Technology, ISDA

10:20 - 11:20                     Technology - Realising the Benefits of Digitalisation 

Following on directly from the previous presentation, this panel will think more broadly about how the development of the Common Domain Model (CDM), smart contracts and standardised messaging formats is changing the way we are thinking about the application of technology. Regulatory imperatives such as SFTR will create increasingly deep and clean data sets that CDM’s can exploit, driving digital regulatory reporting as well as the development of platforms for the creation and negotiation of master agreements.
David Field, Delta Capita

Andreas Biewald, Managing Director, Commerzbank 
Richard Hay, UK Head of Fintech, Linklaters
Bimal Kadikar, Co-Founder & CEO, Transcend
Ian Sloyan, Director, Market Infrastructure and Technology, ISDA

11:20 – 11:50                     Networking Coffee Break


11:50 – 12:20                     Presentation - Diversity

Jon Terry, Global Financial Services People Leader, PwC

12:20 – 13:20                     Industry Leaders Reflections

The final panel of the day and the overall conference will allow delegates to pause and reflect on the past three days and provide some context around some of the previous debates and presentations.

Ann Doherty, Managing Director & Regional Sales Executive, Securities Services, EMEA, J.P. Morgan
Matthew Chessum, Investment Manager, Liquidity Management, Aberdeen Standard Investments 
Joseph Gillingwater, Senior Vice President, Northern Trust
Jane Karczewski, Managing Director, Head of Global Custody, HSBC
Philip Winter, Director, Head of European Securities Lending Supply, Deutsche Bank 

13:20 - 13:45                     Closing Keynote Speech

13:45 - 14:00                     Closing Remarks by the ISLA Chairman
Jonathan Lombardo, Senior Vice President, Deutsche Börse Group

14:00 - 15:00                     Closing Networking Lunch
                                                           Kindly hosted by:

*Please note that the 2019 agenda is under continuous development and might be subject to change

If you have any questions, queries or speaker suggestions, please contact us on: