Event Agenda

Risk Live Agenda 2019

Editorially developed Risk Live 2019 covered 4 critical market trends

As influenced by Risk.net subscribers

Alpha, beta and data

Low volatility and low yields have spurred huge growth in passive and quant investing – along with regular bouts of concerns about crowding. One answer has been to mine new datasets for hidden sources of alpha. But when volatility returns, rules-based investors may lose out to funds that are more nimble and can trade a wider range of assets.

New ways of working

Non-banks, exchanges and trading platforms already have a big say in equities and foreign exchange markets; now, banks are shaking up their approach to credit and rates. If flow business can be left to algorithms, then it frees up traders and salespeople to make more of the industry’s key strengths – a bigger capital and client base.

The RFR revolution

Regulators in the UK and US are pressing market participants to abandon the Libor family of benchmarks, and switch to new RFRs. In Europe, the plan is to rehabilitate the old rates. It’s not yet clear whether either ambition is viable. The only thing that can be said confidently is that the project will inject a huge amount of risk into some of the world’s biggest financial markets.

Tomorrow’s CRO

On the face of it, CROs are getting an easy ride. Market, credit and op risk losses have all been subdued in recent years. But these exposures could leap as QE ends, the credit cycle turns, and cyber and data risks become more prevalent. On top of this a new suite of dangers is emerging – from climate change to income inequality and the erosion of trade and political orthodoxy. Tomorrow’s CRO will tackle this mix of exposures using new tools, and with a different blend of staff.

 

TOPICS

New ways of working

The RFR revolution

Tomorrow's CRO

Alpha, beta and data

ZONES

The Fintech & AI Zone

 

How To

The Quant Common Room

The Hall of Horrors

MAIN STAGE

08:45

Welcome remarks: staying ahead at a time of radical change

Duncan Wood, global editorial director, Risk.net

09:00

The front office of the future

David Hudson, co-head CIB digital & platform services, JP Morgan

09:30

Digital innovation and how to make it work

  • How tomorrow’s front office promises to reinvigorate bank profitability

  • Does the rise of the robots threaten bank sales and trading roles?

  • Beyond big data: the growing role of artificial intelligence and machine learning in deriving value from data

  • Talk versus action: Which tech advancements are already delivering results vs. those that are a pipe dream?

David Hudson, co-head CIB digital & platform services, JP Morgan

Albert Loo, deputy head of sales for global markets, Soc Gen

Chris Purves, head of FRC strategic development lab, UBS

Phil Allison, VP institutional securities technology, Morgan Stanley

Moderator: Helen Bartholomew, editor-at-large, Risk.net

Powered by:

10:05

Digital innovation and how to make it work: key takeaways

Neil Dodgson, worldwide head, financial risk, IBM

10:10

New tech and new tools for risk managers

  • Fragile markets, ever increasing regulatory pressure and the digital transformation of the financial industry drive CROs' agendas

  • Besides daily risk management, the focus of CROs will be dominated by technology, smart analytics & data, standardisation & automation as well as on scalability

  • Risk strategy is defined accordingly and supplemented by a people strategy as well as risk / workforce culture – the profile of risk managers follows the digital transformation of the industry

  • Fundamental changes in risk management occurred in the years after the global financial crisis – the further transformation of the risk function ahead of us will be even more material and accelerated

Christian Bluhm, group CRO, UBS

10:40

Regulatory keynote

Don’t fall asleep at the switch:  why it makes business sense to move on from LIBOR

  • Why LIBOR once made business sense – and what’s changed

  • What opportunities does a post-LIBOR world offer?

  • How the Bank of England is adapting to the use of SONIA in its own operations

Andrew Hauser, executive director of markets  Bank of England

11:05

REFRESHMENT BREAK
JOIN THE LIVE RISK CONTENT PRESENTED IN THE SHOWCASE ZONE

The fintech & AI zone

11:05

The cloud advantage for financial risk: leveraging microservices for scale, speed and flexibility

Intuitive, cloud-native APIs can provide financial institutions with a game-changing approach to access key financial calculations and analytics on a pay-as-you-go basis. This approach enables new workflows that can be optimised for cost and time as well as open up new markets and opportunities for its users. Join this session to learn more about:

  • Providing a curated data repository for reference and time series data

  • Computing full revaluation models

  • Providing an open architecture for seamless integration

  • Enabling instant access for immediate deployment

Curt Burmeister, director of research, innovations and financial engineering, IBM

11:25 - 11:45

The economic case for a machine-human hybrid compliance function

  • Where can automation, from simple rule based solutions to advanced machine learning algoirthms, have the most impact?

  • How will smart contracts, digital identity, and blockchain infrastructure transform financial services oversight?

  • Are all these developments just buzzwords, or can there be real economic and business model progress?

Lex Sokolin, futurist & fintech entrepreneur

12:15 - 12:35

Optimising the calculation of XVA sensitivities
Financial institutions are facing the burdens of both increased regulation and demands for transparency. Banks will be required to use the new standardized CVA Capital approach and will need timely and accurate FRTB-CVA reporting. In this session we will explore:

  • The challenges of complex calculations such as FRTB CVA capital

  • XVA sensitivities

  • MVA and both cleared and non-cleared initial margin

  • The benefits of technical innovation and how this can be applied.

  • How the AAD methodology for calculating CVA sensitivities can be accelerated to near real-time.

Neil Dodgson, worldwide head, financial risk, IBM

Mathew Dear, offering manager, XVA sensitivities, IBM

How To

11:05

How to get there: FRTB implementation Standardised Approach

  • How can banks approach and implement Fundamental Review of the Trading Book (FTRB) Standardised Approach (SA) by 01 January 2022?

  • Highlights of the data, analytics and workflow capabilities needed to comply

  • How to ensure implementation end-to-end, including all market and default risk sensitivities and classifications and analytics?

David Croen, Head of credit risk products, Bloomberg LP

Desmond Bevan, sell-side risk product sales, Bloomberg LP

11:25 - 11:45

How to: manage the cost of compliance

Susannah Hammond, senior regulatory intelligence expert, Thomson Reuters

Stacey English, head of regulatory intelligence expert, Thomson Reuters

Ashley Kovas, senior regulatory intelligence expert, Thomson Reuters

The quant common room

11:05 - 11.25

Rethinking market impact

  • Transaction cost analysis: correlation vs causality
  • What causes market impact?
  • The determinants of execution cost
  • Going with the flow: the role of order flow imbalance
  • The role of trade size and participation rate

Rama Cont, Chair of mathematical finance, Mathematical Institute, Oxford University

11:25 - 11:45

A deep learning approach to exotic option pricing under LSVol

  • The market standard for the pricing and risk management of complex derivatives within the Foreign Exchange markets uses a local-stochastic volatility (LSVol) model.

  • This type of model can better capture relevant market dynamics but is computationally expensive.

  • Using a deep learning approach, we value path-dependent Exotic Options under LSVol, achieving high degree of accuracy (to production standard).

  • We’ll explore this innovative approach, which is a radical departure from the traditional quantitative finance methodology prevalent in banks.

Katia Babbar, founder, AI Wealth Technologies

The hall of horrors

11:05

Black swans – an extinct species? The future of emerging risks

  • Brief definition of 'emerging risks'

  • Recap of ‘emerging risks’ from the past

  • Current trends: do we really understand the full picture and what does it mean

  • Where do we go from here?

Dominic-Victor Masny, emerging risk economist

11:25

Emerging risks - what does the world look like in…

2030 – results of climate change

  • Increased regulatory requirement for reporting and transparency of carbon emissions, including investments, third parties, outsourcing

  • More pressure from customers and investors for this kind of transparency on both social responsibility and financial viability grounds

  • How to price and model stranded assets

  • Increased importance of resilience in the face of natural disasters and conflicts triggered by pressure on water and other resources

John Scott, head of sustainability risk, Zurich Insurance Group

MAIN STAGE

11:50

Top 10 operational risks, and how everyone can help manage operational risk

  • Live expert ranking of Risk.net’s annual top 10 op risks survey:

1) Data compromise, 2) IT disruption, 3) IT failure, 4) Organisational change, 5) Theft and fraud, 6) 3rd-party risk, 7) Regulatory risk, 8) Data management, 9) Brexit, 10) Mis-selling.

Christian Bluhm, group CRO, UBS

Patrick Moynihan, group head of operational risk, Barclays

Michael Grimwade, head of operational risk, ICBC Standard Bank

Moderator: Tom Osborn, editor, Risk.net

12:30

Machine learning: quantum computing and risk

  • The building blocks of quantum computing & its advantages: quantum speed-up, energy efficient computation and NISQ (noisy intermediate-scale quantum) computing

  • Optimisation problems

  • Machine learning

  • Monte Carlo simulation

Alexei Kondratyev, managing director, head of data analytics, electronic market solutions, Standard Chartered Bank

13:00

NETWORKING LUNCH

INCLUDING PRIVATE LUNCH & LEARN (ENQUIRE TO ATTEND):

1. Tech innovation impacting CRO strategy - hosted by IBM

How can you apply emerging technologies to transform your risk management?
Dealing with expanding regulation, increased demands for transparency and profitability, as well as greater volumes and sophistication of data can cause major challenges for legacy risk systems.  However, challenges create opportunities. Join us for discussion over lunch of how the rapid evolution of technologies such as big data, cloud, analytics and artificial intelligence offer a tremendous opportunity for financial institutions seeking to grow profitability and protect their enterprise. We will also look at some practical applications and how they can make a positive impact to your strategy today.

Neil Dodgson, worldwide head, financial risk, IBM

Curt Burmeister, director of research, innovations, and financial engineering, IBM

2. The data breach vs. the ethics breach: how to prepare for both

In today’s age of 72-hour breach reporting and the 24/7 news cycle, data breaches seem like a daily headline. While consumers may no longer be shocked by their data being lost or stolen, the way in which an incident occurs can impact the level of reputational damage following an breach. Stakeholders are understanding the difference between a data breach that may occur from a security flaw and an “ethics breach,” where a company was careless with personal information or sought to capitalize on the improper use of data. In this session, we’ll review case studies from recent breaches and analyze which situations qualify as an “ethics breach.” We’ll also handout an incident and breach toolkit, including tips to avoid the catastrophe of an ethics breach violation in your company. 

  • Breakdown the difference between an data breach and an “ethics breach”

  • Hear key insights from recent data breaches and learn how to avoid these mishaps

  • Outline what stakeholders, teams, tools and processes should come together in the event of a breach

  • Gain an incident and breach toolkit to prepare your organization ahead of a breach

Jaro Semerak, Privacy Consultant, OneTrust

3. Scaling risk analytics and applications: how to address the underlying computational challenges - hosted by chartis 
As risk management analytics become ever more complex, how do financial firms ensure they have the appropriate technology in place to handle them?
In this briefing, Sid Dash and Mark Feeley from Chartis Research look at the technology and organisational options available, and consider how firms can best approach the problem with the budgets they have.
In doing so, they consider some crucial issues facing financial firms:

  • The technology options that are available.

  • Why choosing the right programming paradigm is a requirement, not a luxury. 

  • An overview of hardware acceleration (GPU vs FPGA vs custom chips), looking at risk pricing algorithms (simulation, PDE solver, pricers, statistics, etc.) in a post-Moore’s Law world.

  • Database options and their impact on analytical processes. 

  • Managing complexity and hybrid architectures (HPC + Big Data; Big Data with performant data infrastructure).

  • Best practice in all these areas. 

Mark Feeley, research director,Chartis

Sid Dash, research director, Chartis

14:00

Changing business models for banks & NBLPs quick-fire talks

  • Non-banks are building client businesses; banks are becoming more algo-powered

  • Where are these trends leading?

  • Should banks and NBLPs view each other as rivals or partners?

14:00 Alex Shterenberg, Global head of G10 and EM EFX trading, Barclays

14:15 Mark Bruce, head of FICC, Jump Trading

14:30

Banks and NBLPs: friends or foes?

  • Are banks still best placed to be liquidity providers amid stringent capital rules?

  • How banks are working with NBLPs to deliver more efficient trading to their clients.

  • What’s the longer-term outlook for NBLPs in a changing regulatory and macro environment?

Nicola White, managing director, global COO FICC Citadel Securities

Alex Shterenberg, Global head of G10 and EM EFX trading, Barclays

Alexandre Benech, global head of e-trading, BNP Paribas

Mark Bruce, head of FICC, Jump Trading

Moderator: Duncan Wood global editorial director Risk.net

Stage 1
 

Chair: Gordon Lee, Executive Director, Portfolio Quantitative Analytics, UBS

11:50

Crisis alpha for tomorrow’s crisis panel

  • Which new offerings are going to do well when markets are stressed?

  • Performance of traditional options (e.g. trend following)

  • How to augment existing strategies

  • Cheaper ways to buy downside protection

Otto Van Hemert, head of macro research, Man AHL

Harold de Boer, head of research, Transtrend

Romule Nohasiarisoa, manager research consultant – hedge funds, Mercer

Moderator: Kris Devasabai, editor-in-chief, Risk.net

12:30

The new quant investor panel: alternative data

  • What data is available; how much value does it hold?

  • Incorporating alternative data to help pick the best investments

  • What skills are needed to process and assess new datasets effectively?

Mark Ainsworth, head of data insights, Schroders

Javier Rodriguez-Alarcon, head of quantitative investment, Goldman Sachs AM

Rado Lipus founder & CEO, NeuData

Moderator: Bill Dague, head of alternative data, Quandl

13:00

NETWORKING LUNCH

INCLUDING PRIVATE LUNCH & LEARN (ENQUIRE TO ATTEND):

Tech innovation impacting CRO strategy

How can you apply emerging technologies to transform your risk management?
Dealing with expanding regulation, increased demands for transparency and profitability, as well as greater volumes and sophistication of data can cause major challenges for legacy risk systems.  However, challenges create opportunities. Join us for discussion over lunch of how the rapid evolution of technologies such as big data, cloud, analytics and artificial intelligence offer a tremendous opportunity for financial institutions seeking to grow profitability and protect their enterprise. We will also look at some practical applications and how they can make a positive impact to your strategy today.

Neil Dodgson, worldwide head, financial risk, IBM

Curt Burmeister, director of research, innovations, and financial engineering, IBM

2. The data breach vs. the ethics breach: how to prepare for both - hosted by OneTrust

In today’s age of 72-hour breach reporting and the 24/7 news cycle, data breaches seem like a daily headline. While consumers may no longer be shocked by their data being lost or stolen, the way in which an incident occurs can impact the level of reputational damage following an breach. Stakeholders are understanding the difference between a data breach that may occur from a security flaw and an “ethics breach,” where a company was careless with personal information or sought to capitalize on the improper use of data. In this session, we’ll review case studies from recent breaches and analyze which situations qualify as an “ethics breach.” We’ll also handout an incident and breach toolkit, including tips to avoid the catastrophe of an ethics breach violation in your company. 

  • Breakdown the difference between an data breach and an “ethics breach”

  • Hear key insights from recent data breaches and learn how to avoid these mishaps

  • Outline what stakeholders, teams, tools and processes should come together in the event of a breach

  • Gain an incident and breach toolkit to prepare your organization ahead of a breach

Jaro Semerak, privacy consultant, OneTrust

3. Scaling risk analytics and applications: how to address the underlying computational challenges - hosted by chartis 
As risk management analytics become ever more complex, how do financial firms ensure they have the appropriate technology in place to handle them?
In this briefing, Sid Dash and Mark Feeley from Chartis Research look at the technology and organisational options available, and consider how firms can best approach the problem with the budgets they have.
In doing so, they consider some crucial issues facing financial firms:

  • The technology options that are available.

  • Why choosing the right programming paradigm is a requirement, not a luxury. 

  • An overview of hardware acceleration (GPU vs FPGA vs custom chips), looking at risk pricing algorithms (simulation, PDE solver, pricers, statistics, etc.) in a post-Moore’s Law world.

  • Database options and their impact on analytical processes. 

  • Managing complexity and hybrid architectures (HPC + Big Data; Big Data with performant data infrastructure).

  • Best practice in all these areas. 

Mark Feeley, research director, Chartis

Sid Dash, research director, Chartis

14:00

How to: get an edge in index investing expert panel

  • The future of indexing in fixed income

  • Implementation challenges for index funds

Antonello Russo, director, risk & quantitative analysis, BlackRock

Joseph Molloy, global head of index and systematic strategies HSBC Asset Management

Moderator: Mauro Cesa, quantitative finance editor, Risk.net

14:30

The diversification potential of alternative beta strategies

  • Finding diversifying, positive expected return liquid alternatives to improve portfolios

  • What are the credentials of alternative risk premia strategies as a diversifying investment?

Luc Dumontier, partner & head of factor investing, LFIS

Antti Suhonen professor of practice in finance, Aalto University School of Business

Nick Baltas, head of R&D of the systematic trading strategies, Goldman Sachs

Moderator: Rob Mannix, desk editor, Risk.net

Stage 2

11:50

New post-trade paradigm: how to slash the industry’s post-trade bills

  • What are the drivers of post-trade costs in banks?

  • Can the industry afford to wait for a consensus on common standards?

  • How essential are distributed ledgers to achieve post-trade synchronisation?

Bill Stenning, managing director, Societe Generale

Cameron Goh, global head of product, rates, LCH

Arjun Jayaram, founder & CEO, Baton Systems

Jean-Marc Eber, CEO, LexiFi

 Ian Sloyan, director, market infrastructure and technology, ISDA

Moderator: Julian Eyre, Commercial Manager Delta Capita 

12:30

'Deep hedging’: how and why to apply it

Neil Palmer, director, Beacon Platform

13:00

NETWORKING LUNCH

INCLUDING PRIVATE LUNCH & LEARN (ENQUIRE TO ATTEND):

Tech innovation impacting CRO strategy

How can you apply emerging technologies to transform your risk management?
Dealing with expanding regulation, increased demands for transparency and profitability, as well as greater volumes and sophistication of data can cause major challenges for legacy risk systems.  However, challenges create opportunities. Join us for discussion over lunch of how the rapid evolution of technologies such as big data, cloud, analytics and artificial intelligence offer a tremendous opportunity for financial institutions seeking to grow profitability and protect their enterprise. We will also look at some practical applications and how they can make a positive impact to your strategy today.

Neil Dodgson, worldwide head, financial risk, IBM

Curt Burmeister, director of research, innovations, and financial engineering, IBM

2. The data breach vs. the ethics breach: how to prepare for both - hosted by OneTrust

In today’s age of 72-hour breach reporting and the 24/7 news cycle, data breaches seem like a daily headline. While consumers may no longer be shocked by their data being lost or stolen, the way in which an incident occurs can impact the level of reputational damage following an breach. Stakeholders are understanding the difference between a data breach that may occur from a security flaw and an “ethics breach,” where a company was careless with personal information or sought to capitalize on the improper use of data. In this session, we’ll review case studies from recent breaches and analyze which situations qualify as an “ethics breach.” We’ll also handout an incident and breach toolkit, including tips to avoid the catastrophe of an ethics breach violation in your company. 

  • Breakdown the difference between an data breach and an “ethics breach”

  • Hear key insights from recent data breaches and learn how to avoid these mishaps

  • Outline what stakeholders, teams, tools and processes should come together in the event of a breach

  • Gain an incident and breach toolkit to prepare your organization ahead of a breach

Jaro Semerak, privacy consultant, OneTrust

3. Scaling risk analytics and applications: how to address the underlying computational challenges - hosted by Chartis 
As risk management analytics become ever more complex, how do financial firms ensure they have the appropriate technology in place to handle them?
In this briefing, Sid Dash and Mark Feeley from Chartis Research look at the technology and organisational options available, and consider how firms can best approach the problem with the budgets they have.
In doing so, they consider some crucial issues facing financial firms:

  • The technology options that are available.

  • Why choosing the right programming paradigm is a requirement, not a luxury. 

  • An overview of hardware acceleration (GPU vs FPGA vs custom chips), looking at risk pricing algorithms (simulation, PDE solver, pricers, statistics, etc.) in a post-Moore’s Law world.

  • Database options and their impact on analytical processes. 

  • Managing complexity and hybrid architectures (HPC + Big Data; Big Data with performant data infrastructure).

  • Best practice in all these areas. 

Mark Feeley, research director,Chartis

Sid Dash, research director, Chartis

14:00

Preparing for transition case studies

  • How transition has impacted world leading firms

  • Current status of RFR transition plans

14:00 Nabil Owadally, portfolio manager, EMEA, BMO Global AM

14:15 Shaun Kennedy, group treasurer, Associated British Ports

14:30

What could go wrong in Libor reform?

  • Operational challenges of moving to new rates

  • How term risk-free rates will develop across different markets

  • When is the right time to move to discounting?

Edward Ocampo, advisory director, Quantile Technologies

Jasper Lillingston, director, treasury, EBRD

Nabil Owadally, portfolio manager, EMEA, BMO Global AM

Marc Henrard head of quantitative research, OpenGamma

Moderator: Nazneen Sherif, associate technical editor, Risk.net

How To

Chair: Mark Feeley, research director, Chartis

11:50

How to: build a term risk-free rate

  • What's worked

  • What's been improved

  • Hopes for the future

Tim Bowler, president, ICE

12:30

How to bring technology together to solve changing business requirements

  • Building capital markets applications with Python

  • Rest APIs, microservices and agile – how they work together

  • What is real-time? Does it matter?

  • Integrating and optimising risk management technology components

  • Distributing analytics internally

Neil Orchard, MD EMEA, Numerix

Martin Toyer, CTO, Numerix

Ilja Faerman, SVP client solution EMEA, Numerix

13:00

NETWORKING LUNCH

INCLUDING PRIVATE LUNCH & LEARN (ENQUIRE TO ATTEND):

Tech innovation impacting CRO strategy

How can you apply emerging technologies to transform your risk management?
Dealing with expanding regulation, increased demands for transparency and profitability, as well as greater volumes and sophistication of data can cause major challenges for legacy risk systems.  However, challenges create opportunities. Join us for discussion over lunch of how the rapid evolution of technologies such as big data, cloud, analytics and artificial intelligence offer a tremendous opportunity for financial institutions seeking to grow profitability and protect their enterprise. We will also look at some practical applications and how they can make a positive impact to your strategy today.

Neil Dodgson, worldwide head, financial risk, IBM

Curt Burmeister, director of research, innovations, and financial engineering, IBM

2. The data breach vs. the ethics breach: how to prepare for both

In today’s age of 72-hour breach reporting and the 24/7 news cycle, data breaches seem like a daily headline. While consumers may no longer be shocked by their data being lost or stolen, the way in which an incident occurs can impact the level of reputational damage following an breach. Stakeholders are understanding the difference between a data breach that may occur from a security flaw and an “ethics breach,” where a company was careless with personal information or sought to capitalize on the improper use of data. In this session, we’ll review case studies from recent breaches and analyze which situations qualify as an “ethics breach.” We’ll also handout an incident and breach toolkit, including tips to avoid the catastrophe of an ethics breach violation in your company. 

  • Breakdown the difference between an data breach and an “ethics breach”

  • Hear key insights from recent data breaches and learn how to avoid these mishaps

  • Outline what stakeholders, teams, tools and processes should come together in the event of a breach

  • Gain an incident and breach toolkit to prepare your organization ahead of a breach

Jaro Semerak, Privacy Consultant, OneTrust

3. Scaling risk analytics and applications: how to address the underlying computational challenges - hosted by chartis 
As risk management analytics become ever more complex, how do financial firms ensure they have the appropriate technology in place to handle them?
In this briefing, Sid Dash and Mark Feeley from Chartis Research look at the technology and organisational options available, and consider how firms can best approach the problem with the budgets they have.
In doing so, they consider some crucial issues facing financial firms:

  • The technology options that are available.

  • Why choosing the right programming paradigm is a requirement, not a luxury. 

  • An overview of hardware acceleration (GPU vs FPGA vs custom chips), looking at risk pricing algorithms (simulation, PDE solver, pricers, statistics, etc.) in a post-Moore’s Law world.

  • Database options and their impact on analytical processes. 

  • Managing complexity and hybrid architectures (HPC + Big Data; Big Data with performant data infrastructure).

  • Best practice in all these areas. 

Mark Feeley, research director,Chartis

Sid Dash, research director, Chartis

14:00

The bank of future: DLT and smart contracts panel

  • DLT: do the problems it tackles justify it as a solution?

  • How might smart derivatives contracts interact with regulatory standards?

  • What is the optimum programming paradigm to implement DLT and smart contracts?

Richard Gendal Brown chief technology officer, R3

Neil Mitchell, senior product architect, Digital Asset

Mas Nakchi, VP of Strategy, Axoni

Moderator: Dr Lee Braine, investment bank CTO office, Barclays

14:30

How to: leverage machine learning to minimise market impact quick-fire talk

  • Optimal microstructure trading and reinforcement learning

  • Reinforcement learning for optimal algorithm (or "policy") and the search for the optimal Bellman value function

  • Data, machine learning and optimal value function

Gordon Ritter, CEO & founder, Ritter Alpha

15:00

REFRESHMENT BREAK
JOIN THE LIVE RISK CONTENT PRESENTED IN THE SHOWCASE ZONE

The fintech & AI zone

15:10

Harnessing the transformative power of AI

Hossein Sharif, head of fintech research, Newcastle Business School

15:25

The explainability of AI

  • Modelling Time in Ensemble Models

  •  Interpretability

Pier Francesco Procacci, global quantitative research, Citi Research

How To

15:10

How to: manage the cost of compliance

Susannah Hammond, senior regulatory intelligence expert, Thomson Reuters

Stacey English, head of regulatory intelligence expert, Thomson Reuters

Ashley Kovas, senior regulatory intelligence expert, Thomson Reuters

The quant common room

15:10

Promises & pitfalls of deep learning

Lukasz Szpruch & Blanka Horvath, researchers, The Alan Turing Institute

15:25

Announcement of the winner of The Risk Live 2019 Quant Quiz 

Mauro Cesa, quantitative finance editor, Risk.net

The hall of horrors

15:05

Quantifying emerging operational risks

Michael Grimwade, head of operational risk, ICBC Standard Bank

15:25

Emerging risks - what does the world look like in……

2050 – the impact of robotic process automation 

Martin Walker, director for banking and finance, Center for Evidence-Based Management

MAIN STAGE

15:50

Libor reform keynote: staying on the right side of the one-way gate

  • Preparing for transition: challenges and opportunities

  • What are the hidden risks?

Charles Bristow, head of rates, fixed income financing, credit portfolio trading, JP Morgan

16:20

The future of intelligence, ethics and data

An exclusive insight into how to implement AI. Dr Montgomery will share lessons from the healthcare sector that can be applied to the financial services industry, providing Risk Live’s audience with unique approaches to leveraging AI in risk management and risk transfer.

  • Reducing risks with AI, the health perspective: meeting the 'triple bottom line' by improving health, improving efficiency, and reducing costs. 

  • Addressing counter risks of deployment: bias in the dataset; 'hunting effects', unintended consequences; loss of social equity and more

  • The ethical considerations of AI deployment

Hugh Montgomery, professor of intensive care, UCL, senior clinical adviser, Google DeepMind

16:55

Keynote presentation: tomorrow’s CRO

Edward Fishwick, MD, global co-head of risk & quantitative analysis, BlackRock

17:25

Main stage closing remarks - beginning of drinks and speaker sessions in Courtyard

17:30 - 17:45

Women in risk fireside chat and drinks reception

Join diversity and inclusion leaders and change-makers to dissect how the support of women in risk can translate into diversity of thought, a competitive advantage and new business opportunities

Patricia Halliday, CRO, Santander UK

Peter Beardshaw, partner, UK risk management practice lead, Accenture

17:45 - 18:15

CHAMPAGNE ROUNDTABLES

Join our expert speaker-led roundtables in order to mingle and debate some of the key topics of the day over a drink, making sure you benefit from their practical tips on:

1) Data ethics - Hugh Montgomery, professor, UCL, senior clinical adviser, Google DeepMind

2) The RFR revolution: trading opportunities in the transition - Ed Ocampo, adviser, Quantile

3) How to mitigate Cyber risk - Mark Feeley, research director, Chartis

4) Conduct risk - Carolin Anna Schönherr, director, operational risk manager, Capula

19:30

Close of Risk Live 2019
Risk Live is a great opportunity to discuss the latest developments in the risk world and connect with colleagues from across the globe
Thumbnail
Christian Bluhm, Group chief risk officer, UBS
Risk Live is a unique event that looks at the big picture and the impact on risk management and financial markets
Thumbnail
Albert Loo, Deputy head of sales for global markets, Societe Generale
Risk Live is one of the few events where banks and buy side come together to thrash out the issues shaping the future of finance
Andrés Choussy, Chief executive, Traiana
Risk Live is one of the few events where banks and the buy side come together to thrash out the issues shaping the future of finance. The topics up for discussion this year look to be right on the money, from the ongoing challenge of alpha generation to the technologies the industry must adopt to succeed.
Andrés Choussy, CEO, Taiana
I am a strong believer that diversity leads to creativity and new developments. I am personally really looking forward to the event!
Thumbnail
Cindy Amar, Head of Fixed Income Flow sales APAC, Natixis
Risk Live is a unique event looking at the big picture and the impact on risk management and financial markets. The world is fast changing, creating new opportunities and threats - time for incumbents and new players to think about their future business model.
Thumbnail
Albert Loo, Deputy Head of Sales for Global Markets, Soc Gen
The industry has been shaken up for a decade and its players all face the same issues. It is more important than ever to share best practices that could lead to ideas being applied to certain departments and domains but that can be scalable to others
Thumbnail
Cindy Amar, Head of fixed income flow sales, Apac, Natixis