Tuesday
25 March 2025
08:00 - 08:50
Registration and breakfast
09:00 - 09:45
MACROECONOMIC LANDSCAPE – PANEL DISCUSSION
Reviewing the current macroeconomic landscape and preparing for potential market downturn
- Reviewing potential weakening in the labour market and impact to asset prices
- Understanding if a recessionary environment is ahead
- Managing the balance sheet in line in response to the market
- Reviewing the rate changes and how this could impact
- Reviewing and preparing for a potential market downturn
- Having enough liquidity available and not being overleveraged
- Having readily available capital
- Opening up additional sources of cash
09:45 - 10:20
MONETARY POLICY
Adapting to monetary policy shifts and strategies to manage interest and liquidity risks
- Assessing the impact of current central bank policy on interest rates
- Understanding changes in monetary policy that affect funding costs & asset valuations
- Repositioning the balance sheet under different monetary policy for interest rate cuts
- Analyzing the policy rate adjustments and implications for interest rate risk
- Reviewing the impact of monetary policy on liquidity risk and the availability of funding
10:20 - 10:50
Morning refreshment break and networking
10:50 - 11:35
INTEREST RATES – PANEL DISCUSSION
Understanding the extent of the upcoming rate cuts and preparing strategies to manage exposure
- Managing assets with a lower interest rate margin
- Monitoring and managing IRRBB
- Understanding the extent of the upcoming rate cuts
- Managing the risk of incorrect expectations
- Adjusting internally to fit the new environment
- Building a flexible balance sheet to accommodate various interest rate scenarios
- Reviewing the liquidity implications moving forward with interest rate risk
- Analyzing the impact of interest rates and spreads on the credit cycle
- Reviewing the impact at a macro level
- Managing interest rate risk arising from mismatches and assumption changes
- Managing interest rate risk exposure with repricing and maturity gaps
11:35 - 12:10
LIBOR
Assessing risk sensitivities of transferring from libor to sofr
- Managing the risk of using a less credit sensitive rate
- Reviewing from Libor transition and derivatives use
- Understanding impact to derivatives clearing with interest rate risk practices
- Transitioning to different instrument types with high volatility
- Managing impacts since Libor has been decommissioned
- Managing long-term funding strategies with the absence of credit sensitivity in sofr
- Mitigating funding mismatches with increased spread
12:10 - 12:45
KEY TREASURY/ ALM METRICS DASHBOARDS - CASE STUDY
Dynamic Approaches to Recovery and Resolution Planning
- Session Details to Come
12:45 - 13:45
Lunch break and networking
13:45 - 14:20
LIQUIDITY & FUNDING
Preparing for reduced source of liquidity with higher funding costs
- Managing asymmetric global economy
- Reviewing affect to balance sheet
- Raising cheap funding and putting money into high yield assets
- Reduced source of liquidity with higher funding costs
- Preparing for a potential liquidity crisis with higher funding costs
- Reviewing impact to treasury, assets & liabilities
- Managing funding risks with high deposit withdrawals
- Diversifying liquidity sources on the balance sheet and contingent liquidity
- Rethinking funding strategies with increased need for cash from regulators
14:20 - 14:55
Modern ALM for Banks
A forward thinking approach powered by risk technology
- Strategic ALM as the core of integrated balance sheet management
- AI/ML powered ALM analytics
- Elevating ALM with risk technology
- Case Study
14:55 - 15:25
Afternoon refreshment break and networking
15:25 - 16:10
REGULATION – PANEL DISCUSSION
Analyzing the increased regulatory requirements for regional banks after last year’s bank collapses
- Accommodating regulatory scrutiny and added requirements
- Managing regulator expectations versus market expectations
- Integrating a more stringent regulatory environment to regional banks
- Looking more in-depth at depositor characteristics and behaviour
- Enhancing the analysis to understand the deposit portfolio better
- Building a process to collect useful data to comply with new regulations
Shahab Khan
Head of Liquidity Risk - HSBC USA
Althea Pieters
Managing Director - Head of Regulatory Strategy - SMBC
Mark Benaharon
ERM: Director of Liquidity, Market and Capital Stress Testing Risk Management - Flagstar Bank
Gina Harth-Cryde
Former, Managing Director and Senior Banker - Crédit Agricole
16:10 - 16:45
HEDGING INTEREST RATE RISK
Enhancing interest rate risk management through hedging strategies
- Keeping margins high
- Divesting some portfolios to have profitable balances
- Hedging interest rate risk exposure and managing deposit duration
- Managing volatile interest rates with a potential negative convexity in the asset & liability portfolio
16:45 - 17:20
AGILITY WITH CONSISTENCY
Recent Trends and Emerging Practices in Balance Sheet Management
- Focus on Financial Planning: A focal point for balance sheet management
- Trends in Risk Management: Advancements and prioritization
- Liquidity stress testing
- Stochastic earnings analysis
- Trends in profitability measurement
17:20 - 17:30
Chair’s closing remarks
17:30
End of day one and networking drinks reception
Wednesday
26 March 2025
08:00 - 08:50
Registration and breakfast
08:50 - 09:00
Chair’s opening remarks
Day 2 Moderator
09:00 - 09:15
Streamlining Financial Reporting Processes
Streamlining Financial Reporting Processes: Key findings from CeFPro and Workiva survey
- An interactive session, revealing the results of an industry-wide survey, including Q&A and polls
09:15 - 10:00
LIQUIDITY RESILIENCE - PANEL DISCUSSION
Building out a robust liquidity resilience program to prepare for potential runs
- Reducing exposure to a significant liquidity run
- Managing ease of moving money between accounts
- Monetizing liquidity portfolio from the buffer
- Managing liquidity with more exposure to volatile markets
- Having liquidity reserves available with uncertain stickiness of deposits
- Holding liquid liabilities
- Positioning assets with uncertainty of duration
- Raising liquidity with deposits becoming increasingly sensitive to rates
- Increased transparency on what depositors could earn on cash
- Managing liquidity as global stock markets become volatile
- Maintaining a leading practice program in liquidity
10:00 - 10:35
Balance Sheet Optionality
Streamlining understanding of optionality measures and inputs into models
- Regulatory triggers as results of recent failures
- NMD Parameters that matter
- Modeling rates in NMD
- Prepayments may become important again (rates leading to activity
- Case Study: Improving efficiency and the end of the deposit study
10:35 - 11:05
Morning refreshment break and networking
11:05 - 11:40
DISCOUNT WINDOW
Leveraging the central banks discount window and reducing the stigma around its use
- Accessing liquidity through the discount window
- Reducing stigma around leveraging the discount window
- Reducing depositors to pull money out
- Moving assets at the discount window
- Balancing the use of the discount window with market capacity
- Accessing the funding discount window during a crises
- Leveraging the discount window as a structure of funding
11:40 - 12:15
DEPOSITS
Optimizing deposit strategies and reducing run off within the dynamic market
- Determining a proper deposit run off
- Reviewing strength of client relationships to reduce run off
- Identifying deposit mix from clients
- Understanding the stickiness of deposits
- Holding liquidity against deposits in case of a rapid move
- Managing the cost of deposits and also yielding loans
- Understanding the potential for rapid deposit outflows under stress
- Analyzing enough historical data to understand customer behaviour
- Mitigating the risk of false stability from historical data reliance
- Managing the risk of change in customer behaviour with increased interest rates
12:15 - 12:50
INTRADAY LIQUIDITY
Implementing effective controls to capture intraday in real time
- Managing intraday impact to liquidity
- Managing intraday liquidity peaks actively rather than relying on fixed buffers
- Showing regulators more visibility from real time activity
- Reviewing how fast data can be sourced
- Having agile and controlled intraday data to fit the requirements
- Predicting cash outflows on an intraday basis
- Streamlining and centralizing intraday payments
- Adapting the operating model
- Mitigating new risks when entering centralized clearing
- Investing in automation infrastructure to help update intraday
- Implementing an intraday buffer to withstand a stressed event
12:50 - 13:50
Lunch break and networking
13:50 - 14:25
Hedging structural and non-structural FX Risk
- Exploring long-term solutions for hedging currency exposure arising from foreign subsidiaries
- Addressing short-term foreign exchange fluctuations due to market volatility
- Optimizing balance sheet strategies whilst integrating FX risk hedging
- Managing FX risk from transfer pricing and accrual products
14:25 - 15:00
COLLATERAL
Reviewing reliance on collateral in a crises with bond and asset values being unstable
- Reviewing collateral with a weak labour market and interest rate changes
- Balancing liquidity vs counterparty risk via collateral and margin products
- Monitoring intraday cash flows
- Current state of non-cash collateral adoption
- The use DLT for non-cash collateral and CFTC adoption
15:00 - 15:30
Afternoon refreshment break and networking
15:30 - 16:05
RISK APPETITE
Setting risk appetite with rapid changes in the operating environment
- Setting risk appetite limits in a robust and resilient way
- Setting risk appetite with an interval versus an external view
- Setting risk appetite with an interval Vs external view
- Executing hedging programs to staying within set risk appetite
- Considering trade-offs between income and capital
- Review how risk is being constrained in a volatile environment
- Review how hedging activity and capacity may be impacted
16:05 - 16:50
SVB CRISES - PANEL DISCUSSION
Adopting best practices since the SVB crises and managing heightened regulatory scrutiny
- Reviewing measures the FED has taken since SVB
- Integrating tools and techniques since the crises
- Continuing lessons learnt from SVB
- Reviewing the new regulatory environment and managing increased scrutiny
- Understanding when is best to disclose liquidity issues and stress
- Managing balance sheets effectively to mitigate risk
16:50 - 17:00