5th Annual Operational Efficiency in OTC Derivatives

June 21-22, 2010,New York, NYAttending this Premier marcus evansConference will Enable You to:• Gain insight on the direction of pending OTC derivative reforms from key industry players• Identify challenges still ahead for enabling operational efficiency in the derivatives market across all asset classes• Discuss current trends with peers including technology innovations, central clearing parties, and collateralization concerns• Implement best practices for streamlining portfolio reconciliation • Integrate compliance initiatives at all levels of the business• Analyze best practices to open market to transparency and mitigate riskWho Should Attend:Book Online at:www.marcusevansch.com/OTCDerivatives2010marcus evans invites Managing Directors, EVPs, SVPs, VPs,Directors, Heads and other Senior Executives of the following:• Operations/Back Office Operations/ OTC Derivative Operations• Settlements• Collateral Management• Clearing• Confirmations• Risk Management• Operational Risk• Treasury• Accounting• Documentation ManagersAndrew HovellGlobal Head of Capital Market InitiativesBNP ParibasLafir ThassimExecutive Director, Investment Bank GlobalHead, Derivative Settlements UtilityUBSWilliam FrascaDirector, DerivativesCitigroupIan G. SilverVice President, North AmericaCredit Derivatives JPMorgan ChaseScott LindenManaging DirectorBNY MellonChristopher ColemanVice PresidentBNY MellonLynn StoutPaul Hastings Professor of Corporateand Securities LawUCLA School of LawMani CarreiroVice President, Securitiesand Treasury OperationsHSBC Bank (Canada) Frank LoPiccoloVice President and ManagerTreasury Control, Loan & L/C OperationsBank Hapoalim James WallinSenior Vice PresidentAllianceBernsteinMichael ClohertyDeputy Chief Operating OfficerProMark Global AdvisorsGeorge PrattDirector of OperationsClaren RoadThomas CiullaSenior ManagerDeloitte and ToucheChad WekeloPrincipalActualize ConsultingCurrent OTC Derivatives Speakers Include:Prefered Partners: BusinessDevelopment Partner:Prepare for regulation requirements, increase optimum results and stay aheadof the game in the OTC derivatives arena.Attaining Operational Success While Conformingto New Business Practices and Regulations5th AnnualSungardMARKETING INFOA limited amount of exhibition space is available at the conference.Sponsorship opportunities covering luncheon, evening functionsand documentationalso exist. For further details, please inquireto Natakii David at CapitalMarkets@marcusevansbb.com or call1 246 227 3715.Day One | Monday, June 21, 2010 Booking Info: www.marcusevansch.com/OTCDerivatives20108:30 Registration9:15 Chairperson's opening address9:30 Examining the Role of Collateral Management Pertainingto OTC Derivatives • Discussing the importance of collateral managementand new developments post AIG• Investing in the physical and operational infrastructure neededto meet compliance and margin calls• Examining the broad range of eligible collateraland how to handle disputes• Integrating view of collateral between buy- side and sell-side firms• Discussing models for pricing and valuationWilliam FrascaDirector, DerivativesCitiGroup10:15 Utilizing Electronic Settlements to Reduce Settlement Fails• Ensuring confirmation and settlements systems are linked• Conforming settlement procedures to deal with exotic derivatives• Using Pay/Rec to settle CD trades• Resolving discrepancies as they arise Lafir ThassimExecutive Director, Investment Bank Global HeadDerivative Settlements UtilityUBS11:00 Networking Break11:30 Panel DiscussionGaining a Global Perspective on Regulations • Defining the impact of Senator Dodd's regulatory reform bill before the Senate• Gathering insights from international regulatory bodies• Creating an opportunity to have your thoughts and concerns heard• Realizing international interoperability in a world of globaltransactional flow• Anticipating volume increases as driven by OTC margin tightening and the operational impact12:15 Creating Robust Risk Management Systems in Caseof Counterparty Default• Assuring segregation of customer collateral in event of a default• Assuring transference of customer collateral• Predicting volume and modelling for collateralisation expectations Michael ClohertyDeputy Chief Operating OfficerProMark Global Advisors1:00 LunchEXAMINING THE EVOLUTION OF COLLATERALIN OTC DERIVATIVESEXAMINING INDUSTRY GOVERNANCE AND PENDINGOTC REGULATORY CHANGESRISK MANAGEMENT SYSTEMS FOR OTC DERIVATIVES2:00 Panel DiscussionImplementing Middle Office Functions and Capabilities• Defining Middle Office functions• Middle office service requirements by different organizations• Challenges in finding and implementing the right systems and hiring the right personnel • Industry standardization or lack thereof • Solutions: build vs buy and insource vs. outsource• Decision drivers: cost, risk transference and other driversScott LindenManaging DirectorBNY Mellon Christopher ColemanVice PresidentBNY MellonThomas CiullaSenior ManagerDeloitte and Touche3:00 Roundtable Evaluating the Steps Taken Towards Self-Governance in 2009to Promote Transparency and Mitigate Risk in the OTC Arena• Evaluating the latest Fed letter and the industry impacts• Achieving clearing of CDS products through a central counterparty• Rolling out trade repositories to help track invaluable trade data• Reducing the trade confirmation backlog to expedite reconciliationModerated by Today's Chairperson3:45 Hear From Buy-Side CDS Participants Concerning Migrationto Central Clearing • Discussing operational roadblocks encountered with OTC tradeswith the buy-side • Learn tips regarding the preparation and execution of CDS clearing• Hear about the state of CDS post experiment in clearing • Share stories about various central clearing parties and which ones are preferredJames WallinSenior Vice PresidentAllianceBernstein4:30 Chairperson's Closing RemarksTHE ISSUE OF SELF GOVERNANCEIMPROVING INTERCONNECTEDNESS BETWEENTRANSACTION COUNTERPARTIESPRODUCER INFO:I would like to thank everyone who has assisted with the researchand organization of the event, particularly the speakers for their supportand commitment. Stephanie Ping, stephaniep@marcusevansch.com.Booking Info: www.marcusevansch.com/OTCDerivatives2010Day Two | Tuesday, June 22, 20108:30 Registration9:15 Chairperson's opening address9:30 Analyzing Documentation Automation as a Means to ControlRisk and Make Compliance Easier• Improving visibility of risks before they become a problem• Building safeguards into future contacts for a tighter approach• Creating a more proactive approach towards documentation across asset classes• Realizing goal for better management from trade to reconciliation • Examining the newest revisions of ISDA? Master AgreementsAndrew HovellGlobal Head of Capital Market InitiativesBNP Paribas10:15 Maintaining a Fluid Environment and Harnessing Risk ThroughInnovation and Growth• Discussing the benefits of electronic OTC platforms • Creating collective strategies for OTC efficiencies• Establishing a proactive stance towards portfolio reconciliation • Standardizing pricing and valuation models Ian G. SilverVice President, North America Credit Derivatives JP Morgan Chase11:00 Networking Break11:30 RoundtableEncouraging More Buy-Side Involvement in Clearing to Mitigate Risk• Determining which central clearing party to use and evolutionof products during their life-cycle• Formulating concrete strategies for margin calculations, costs,and eligibility• Understanding the technical and operational aspects requiredfor clearing • Moving towards more standardized contracts to expedite clearing• Realizing if complex terms are better off as a bilateral understanding between two parties12:15 Creating an Automated Process for Reconciling Trade DetailsBetween Parties• Getting to the point where all trade details are confirmed upfront• Predicting back office needs during trade design• Agreeing to terms on T+0• Utilizing electronic messaging and other technological advancesto encourage real-time pricing and overall better trade designGeorge PrattDirector of OperationsClaren Road1:00 LunchCONTROLLING RISK, COMPLIANCE PREPARATION,AND STREAMLINING OPERATIONS PROCESSESMITIGATING RISK BY INVOLVING RELEVANT PARTIESEFFICIENT PROCESSES FOR TRADE AUTOMATION2:00 Panel DiscussionMoving Forward: Creating a Roadmap for 2010, Post Regulation• Identifying what may be the next big operational challenges given the pending congressional reform• Determining resilience of market with great transparency• Developing strategies to maintain long term success• Creating standards for compliance concerning new regulations• Which derivatives will be cleared, which won't• End user risk management OTC exemptions – Impact of multiple clearing & settlement platforms2:45 A Brief History of OTC Derivatives and Derivatives Regulation• How does a $600 trillion market appear overnight? The legal origins of the OTC market• The common law approach and the problem of legal uncertainty• The 2000 deregulation and the 2008 crash• Where now? How can we maximize the benefits of OTC trading while minimizing risks?Lynn StoutPaul Hastings Professor of Corporate and Securities LawUCLA School of Law3:30 Chairperson's Closing RemarksEVALUATING NEXT STEPS: FUTURE OF OTC DERIVATIVESPREFERRED PARTNERSBUSINESS DEVELOPMENT PARTNERSunGard is one of the world's leading softwareand technology services companies. SunGard hasmore than 20,000 employees and serves 25,000customers in 70 countries. With annual revenue exceeding $5 billion, SunGardis ranked 435 on the Fortune 500 and is the largest privately held businesssoftware and IT services company.BNY Mellon is a global financial servicescompany focused on helping clients manageand service their financial assets, operatingin 34 countries and serving more than100 markets. The company is a leadingprovider of financial services for institutions,corporations and high-net-worth individuals, providing superior asset manage-ment and wealth management, asset servicing, issuer services, clearing servicesand treasury services through a worldwide client-focused team. BNY Mellon is a global financial servicescompany focused on helping clientsmanage and service their financial assets,operating in 34 countries and serving morethan 100 markets. The company is a leading provider of financial servicesfor institutions, corporations and high-net-worth individuals, providing superiorasset management and wealth management, asset servicing, issuer services,clearing services and treasury services through a worldwide client-focused team. Actualize Consulting is a professionalservices firm specializing in businessprocess engineering and technologyimplementations for financial institutions. We focus on serving mortgage firms,banks, insurance companies and other financial institutions, as well as a varietyof firms in the Fortune 1000. With offices in Boston, New York and Virginia ourhighly accredited and experienced consultants improve procedures and systemsfor our clients through their extensive expertise in capital markets, mortgageand fixed income operations and accounting and financial analysis. Sungard