Nick Stafford | published on 14th March 2016
TFE/OTCS Margining Breakfast Briefing – 7th April 2017
Preparing for September 2016 & March 2017 – REGISTER HERE
The Field Effect and The OTC Space are pleased to partner on this event, in association with CloudMargin, TriOptima and Clearstream. This event will be free for guests to attend, located centrally in Canary Wharf and timed to ensure that guests can attend, have breakfast, and then return to their usual working day. See below for more details.
Managing Director – The Field Effect
David Field is an acknowledged expert in clearing and collateral management with over 20 years financial services consulting experience. He has advised clients across buy-side, sell-side, CCPs and custodians on strategy, operating model and technology change. David is a regular contributor at clearing and collateral forums. In 2014 he founded The Field Effect, a boutique consultancy specialising in target operating model, roadmap and change programme design, with deep experience clearing and collateral. Previously David was a main board member of Rule Financial, now GFT
Owner – The OTC Space & Capra Marketing
My career has included a wide variety of businesses including cash registers, children’s games, RADAR, oil drilling and for the past 20 years in the capital markets, especially OTC derivatives. In the capital markets I initially worked on developing software to process OTC derivatives at Merrill Lynch, in the days when paper trade tickets were still the norm. Subsequently I have worked with major banks to improve their OTC processing capabilities, including with Barclays Capital as Head of OTC (ISDA) Projects, LCH.Clearnet as Head of Product Development for the SwapClear service and at DTCC to design, build and deploy the Trade Information Warehouse for Credit Default Swaps. I originally qualified at Greenwich University in Computing, and am a contributor to three books on OTC products and capital markets and am the owner of The OTC Space Ltd.
Global Head of Sales – CloudMargin
Karl has spent a majority of his career involved in collateral management and clearing with various institutions. Prior to this position Karl spent 18 years at JPMorgan in both London and Hong Kong where he held regional/global sales roles in the collateral management and clearing businesses
Chief Operating Officer, NetOTC
David was previously Global Head of Collateral Management at Credit Suisse Investment Bank with responsibility for margin management and valuations, spanning all investment banking products for investor and institutional clients. David was one of the founders of the ISDA Collateral Committee which he Co-Chaired between 1995 to 2002, and was previously CEO of Delta Government Options, a SEC Registered Section 17a Clearing Agency.
Head of Global Securities Financing Sales & Broker-Dealer Relations – Clearstream
Richard Glen is Head of Global Securities Financing (GSF) Sales for the UK, Ireland and the Americas at Clearstream Banking. Based in London, he leads the triparty collateral management sales and relationship team for this region. As part of its Global Liquidity Hub offering, Clearstream provides collateral management services for triparty repo, securities lending as well as all collateral management activities relating to cleared and uncleared derivatives.
Head of Product Marketing – TriOptima
David White is the head of Product Marketing for TriOptima’s counterparty exposure management service, triResolve. David plays an active role in encouraging market take up of triResolve’s Portfolio Reconciliation and Dispute Resolution services. David has over 9 years of Capital Markets experience, starting his career as a consultant he has successfully advised on and implemented the set up of Portfolio Reconciliation teams at a variety of derivatives market participants. Utilising this experience in combination with previously held BAU and change Middle and Back office roles, David regularly speaks at and attends industry forums and conferences.
David holds a degree in Economics.
08:00 – Registration & Breakfast
Each Guest will receive copies of our white papers in a special edition magazine created for the event.
08:15 – Market Infrastructure & Preparing for Bilateral Margin – David Field & Bill Hodgson
08:40 – Panel Discussion – Bill Hodgson, Karl Wyborn & Richard Glen
09:10 – Update – David Field & David White
09:30 – Update – David Field & David Maloy
09:50 – Wrap Up – David Field & Bill Hodgson
The event will be held at a CTC venue, in Canary Wharf, located directly opposite Canary Wharf underground station. The address is ‘CCT Venues, Canary Wharf, Level 32, 40 Bank Street, London, E14 5NR’,
In support of the discussions at this breakfast briefing, two whitepapers will be published, which are:
- Collateral Hurdles – Understanding Regulatory Challenges and Industry Solutions: The paper will provide an update to both September 2016 and March 2017 regulatory requirements and provide an overview of the current and planned state of industry solutions.
- The Race to 2017 & Beyond – Planning Changes to your Business Operating Model: Targeted particularly at buy-side & tier 2 sell-side firms, The Field Effect will outline the potential disruption to your current Business Operating Model, as well as defining a suggested target state. This will be particularly useful for firms hit by non-cleared bilateral margining who don’t have a significant collateral management capability.
This event will be free to attend, however spaces will be limited. Guests can expect to receive a special edition copy of Rocket magazine, as well as enjoy a spread of breakfast rolls, tea and coffee. To register your interest to attend and to ask any questions, complete the form on the registration page