Agenda

Agenda

Libor Virtual Week Agenda

All timings in BST

14:0015:00

What’s on the regulators’ to-do list
Fireside chat

14:00 - 15:00

Tom Wipf

Vice chairman of institutional securities.

Morgan Stanley

Tom is responsible for Morgan Stanley’s transition efforts to alternative reference rates to
replace LIBOR through the firm’s Global LIBOR Transition Steering Committee. This
group, spanning ISG, Wealth Management and Investment Management, will ensure that
all businesses and infrastructure organizations have a consistent set of Firm-level
guidelines, their own transition plans and accountability for transition readiness before
year-end 2021.
Tom most recently led the firm’s Global Business Continuity Management Organization,
which is responsible for strategic planning and risk management for potential cyber and
physical disruptions. He is a member of the firm’s Securities Operating Committee, Risk
Management Committee and Asset/ Liability Management Committee.
Prior to being named Vice Chairman, Tom was the Global Head of the Bank Resource
Management Division where he was responsible for the firm's secured funding, securities
lending, global hedging and collateral management activities.
Beginning his career in the industry in 1977, Tom joined Morgan Stanley in 1986 and has
been engaged in the Firm’s funding, collateral and hedging activities throughout his
career at the firm. Based in New York, Tom has also completed multi-year assignments
in Morgan Stanley’s London and Tokyo offices.
In April, 2019, Tom was named Chair of the Alternative Reference Rates Committee
(ARRC) by the Federal Reserve Board. The ARRC is a group of private-market
participants convened to help ensure a successful transition from USD LIBOR to a more
robust reference rate.
Tom was appointed Chair of the US Commodity Futures Trading Commission’s Market
Risk Advisory Committee (MRAC) Interest Rate Benchmark Reform Subcommittee in
October, 2018.
Tom served as Chair of the Treasury Market Practices Group (TMPG) until May 2019.
The TMPG is sponsored by the New York Federal Reserve and is an industry group
committed to supporting the integrity and efficiency of the U.S. Treasury and Agency
Mortgage Securities Markets.
Tom serves on the board of directors of International Swaps and Derivatives Association,
Inc. (ISDA). Tom was appointed to the Alternative Reference Rate Committee,
sponsored by the Board of Governors of the Federal Reserve in 2014. Tom previously
served on the Financial Research Advisory Committee to the US Treasury Office of
Financial Research from 2012 to 2017.

Edwin Schooling Latter

Director of markets and wholesale policy

Financial Conduct Authority

Edwin Schooling Latter is Director of Markets and Wholesale Policy at the Financial Conduct Authority where his responsibilities encompass policy in relation to primary and secondary markets, trading venues, trading conduct, benchmarks, asset management and pensions.  From 2011-2014 Edwin was head of the Financial Market Infrastructure
Directorate at the Bank of England, responsible for supervision of CCPs, securities settlement systems, and systemically important payment systems, and for the Bank’s input to policy making on central clearing and OTC derivatives reforms. Prior to appointment as head of MID, Edwin worked in the Bank’s Financial Stability area for several years, including as secretary to the Bank’s Financial Stability Committee. Edwin was also previously Managing Director of UK payment system, LINK Interchange Network Ltd.

Duncan Wood

Global editorial director

Risk.net

Duncan Wood is the London-based editor-in-chief of Risk.net. He was promoted to the role at the start of 2015, to lead the editorial reorganisation of the website and its print titles. Duncan had been editor of Risk magazine since July 2011. He rejoined Risk as European editor in October 2009, having originally worked for Risk and Asia Risk in London and Hong Kong as a writer and researcher between 1998 and 2000.
In the intervening years, Duncan was news editor for the Oliver Wyman-founded online start-up ERisk.com. He also worked freelance for six years while living in Germany, with his work appearing in Euromoney, Financial News, IFR, and The Wall Street Journal, as well as Risk magazine and its sister titles.
Duncan has written about derivatives and risk throughout his 17-year career in journalism. He is a Neal Awards finalist, and has also won Incisive Media's journalist and editor of the year awards.

15:0016:00

Networking break I

15:00 - 16:00

Join us in the networking area for a content-led discussion and Q&A via text chat with our expert speakers from the FCA and Morgan Stanley (navigate to the networking area from the main lobby). 

Pick up where the regulatory fireside chat left off, and discuss “what should we be prioritising and what comes next?” 

Afterwards, head to the exhibition hall to visit our sponsor booths, coordinate 1-1 meetings via video and text chat with your peers, and enter our £100 Amazon voucher competition.  

All timings in BST

10:3011:30

The traders' perspective
Panel discussion

10:30 - 11:30

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  • How are derivatives markets developing in the core RFRs (SONIA, SOFR, ESTR)?
  • Challenges for certain products eg OIS swaps and Libor/Sonia linked products
  • Is Sonia being successfully streamed to Clobs?
  • Has activity in new transactions now migrated fully to RFRs?
  • How will the CCP discounting shift impact of SOFR/ESTR liquidity?
Ivan Jossang

Managing director

Morgan Stanley

Bhas Nalabothula

Head of European interest rate derivatives

Tradeweb

Bhas Nalabothula is head of European Interest Rate Derivatives at Tradeweb. Since joining the firm in 2013, Bhas has been instrumental in developing the interest rate swaps business for the Tradeweb Swap Execution Facility. He has worked closely with  buy-side clients and liquidity providers to develop electronic  trading protocols and workflow solutions.

Bhas recently relocated to Europe, where he now leads the Tradeweb  effort in the European Interest Rate Swaps market. Prior to joining Tradeweb, Bhas was as a member of the US Interest Rate sales team at Citigroup where he covered institutional derivatives clients. Bhas holds a Bachelor of Science in Computer Science from Carnegie Mellon University.

Tom Prickett

Managing Director

JP Morgan

11:3012:30

Networking break II

11:30 - 12:30

Join us in the networking area for a content-led discussion and Q&A via text chat with our expert speakers from Morgan Stanley, JP Morgan and Tradeweb (navigate to the networking area from the main lobby). 

Pick up where the panel discussion left off, and discuss “will SOFR be a stable enough rate? and how can the process for client communication and transition be made easier given where LIBOR & SOFR are currently?” 

Afterwards, head to the exhibition hall to visit our sponsor booths, coordinate 1-1 meetings via video and text chat with your peers, and enter our £100 Amazon voucher competition. 

12:3013:00

The role of technology - Libor transition impact analysis
Presentation

12:30 - 13:00

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  • Data and analysis
  • Calculation, pricing and valuation
  • Execution and risk management
Jeremy Wilson

Fixed Income Market Specialist

Bloomberg

Jeremy Wilson is a Fixed Income market specialist at Bloomberg, with a particular focus on rates derivatives, helping clients navigate regulatory change, including the LIBOR transition. Jeremy has 12 years' experience of market-making interest rate swaps at Credit Suisse, Royal Bank of Canada and BNP Paribas, covering various currencies including EUR, USD, AUD, JPY, NZD and HKD. Most recently, he spent 4 years providing consultancy, thought leadership and engagement delivery to financial services clients, specialising in Front Office topics and a wide range of emerging risks, including LIBOR transition.

Ben Bullock

Interest rate derivatives product manager

Bloomberg

Ben joined Bloomberg in 2017 and is a Product Manager specialising in interest rate derivatives. His team is responsible for all aspects of Bloomberg's cross-asset derivatives data infrastructure. Ben is a key member of Bloomberg's LIBOR Transition Working Group. Prior to joining Bloomberg Ben spent 14 years trading interest rate derivatives for a Canadian bank where he most recently held the role of Head of European & Asian Interest Rate Swaps Trading."

13:0014:00

Networking break III

13:00 - 14:00

Join us in the networking area for a content-led discussion and Q&A via text chat with our expert speaker from Bloomberg (navigate to the networking area from the main lobby). 

Pick up where the presentation left off, and discuss “how are my firm able to best leverage technology and support a smooth transition?” 

Afterwards, head to the exhibition hall to visit our sponsor booths, coordinate 1-1 meetings via video and text chat with your peers, and enter our £100 Amazon voucher competition. 

15:0016:00

Webinar: LDI/Investors
Webinar

15:00 - 16:00

  • How does liquidity stack up in RFR markets?
  • Operational challenges in transition, moving from test trades to live use
  • Strategies for non-linear markets
Lukas Becker

Desk editor, derivatives

Risk.net

Lukas Becker is the derivatives desk editor for Risk.net. His topics of interest include over-the-counter derivatives pricing, collateral management, market infrastructure and legal risk. He is based in London. He was previously the Europe, Middle East and Africa editor of Risk magazine.  

Barry Hadingham

Head of derivatives & counterparty risk

Aviva Investors

Barry oversees derivatives governance and counterparty risk globally for Aviva Investors.  He has a number of years experience in financial services and has spent a considerable amount of that time working in derivatives related roles within banking, insurance and asset management. Barry is continuing to lead the work to deliver the remaining changes to comply with post crisis OTC regulation across Aviva Investors. He is also a key member of the Aviva Investors team delivering the IBOR transition programme, acting as an SME for derivatives related transition and participates in a number of IBOR industry working groups.  

Philip Whitehurst

head of service development

LCH

Philip Whitehurst is Head of Service Development for LCH’s Rates business which includes SwapClear, the market-leading swap clearing service it operates.

Based in London, Philip has over 25 years' experience in the OTC Derivatives markets in a range of functions and firms. Following initial roles trading GBP and DEM interest rate swaps and options, Philip spent more than 10 years structuring fixed income derivatives solutions for institutional and retail clients the APac and EMEA regions for the major international investment banks.

Philip joined LCH in 2009 to lead SwapClear’s Product Management function, and has been heavily involved in the design & development of many of LCH’s recent initiatives including SwapClear’s client clearing models, its compression services and the nascent extension into non-cleared OTC derivatives. He has most recently been representing LCH in industry forums, such as ARRC, established to address the challenge of Benchmark Reform.

Max Verhheijen

Director financial markets

Cardano

Nabil Owadally

LDI portfolio manager

BMO Global Asset Management

Nabil is a Portfolio Manager in the Liability Driven Investment team at BMO Global Asset Management and has degrees in actuarial studies from the London School of Economics and Imperial Business School. He manages the hedging needs of pension funds across interest rates, equities, credit and foreign exchange using a range of derivative based strategies. He is also active in the policy debate around derivatives market structure as a member of the Sterling and Euro working groups on risk free rates. Nabil previously worked at Willis Towers Watson in their structured products team before joining BMO GAM in April 2011.

16:0017:00

Networking break IV

16:00 - 17:00

Join us in the networking area for a content-led discussion and Q&A via text chat with our expert speakers from Aviva Investors, LCH, Cardano and BMO Global Asset Management (navigate to the networking area from the main lobby). 

Pick up where the panel discussion left off, and discuss “how can my firm move from test trades to live use?” 

Afterwards, head to the exhibition hall to visit our sponsor booths, coordinate 1-1 meetings via video and text chat with your peers, and enter our £100 Amazon voucher competition. 

All timings in BST

13:0013:40

Non-linear markets – the next frontier for RFR derivatives
Panel discussion

13:00 - 14:00

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  •  Clearing house interest-rate on collateral changes and resulting impact on valuation and risk for swaptions and other IR options
  • Resulting bases which have opened up between cleared and uncleared rate option products
  • New options markets developing in the new RFR , e.g. SOFR options
  • Complications for Caps and Floors
  • Loss of back-test data for certain systematic strategies
  • SOFR volatility and its role in the nonlinear products
Ali Khan

MD, rates options and exotics trading

Nomura

Ali Khan is Managing director – Rates Options & Exotics Trading at Nomura, with over 15 years’ experience in Options Markets.

Prior to joining Nomura in 2009, Ali was an Exotic Rates Trader at Lehman Brothers for 4.5 years where he started his career.

Ali has a BA in Mathematics and an MPhil in Statistics from the University of Cambridge.

Ping Sun

senior vice president of financial engineering

Numerix

Dr. Sun, PhD is Senior Vice President, Financial Engineering at Numerix. He is also product manager of the Numerix CrossAsset analytics platform. During his career at Numerix, Dr. Sun’s work has appeared in number of publications and academic journals, and he has been showcased as a lecturer at a range of academic events and industry conferences. Dr. Sun served as a consultant to Lehman Brothers as a FX / EQ Desk Quant, and his is extensive experience includes working to develop the Numerix cross-currency Economic Scenario Generator. He earned a Doctorate Degree in Physics from City College of New York, and a Master’s Degree and Undergraduate Degree in Physics from Fudan University in Shanghai, China.

Navin Rauniar

Independent adviser

PRMIA

Navin is an independent risk director with over 16 years’ experience in advising the sell side on front to back risk and regulatory matters. Navin also specialises in the delivery of Risk Methodologies, Models & Governance for Tier One and Tier Two investment banks; whilst spearheading the analysis for IBOR Transition, FRTB, IRRBB, Basel IV, CRR 2 and CRD V offerings. He most recently worked as a Senior Manager at a leading global advisory firm where he led the analysis of the impact of the LIBOR Transition on financial institutions. 

Prior to this, Navin spent 15 years in the industry working in global run-the-bank and change-the-bank roles for Credit Suisse, RBS, Commerzbank and JP Morgan across Front Office, CRO and Operations. Navin is a member of the Professional Risk Managers Association and sits on the London Chapter Steering Committee. Navin supports the CRO community via mentoring of risk professionals and the organisation of risk, regulatory & leadership events. 

13:4514:45

Networking break V

13:40 - 14:30

Join us in the networking area for a content-led discussion and Q&A via text chat with our expert speakers from Nomura, Numerix and PRMIA (navigate to the networking area from the main lobby). 

Pick up where the panel discussion left off, and discuss “SOFR volatility and its role in the nonlinear products” 

Afterwards, head to the exhibition hall to visit our sponsor booths, coordinate 1-1 meetings via video and text chat with your peers, and enter our £100 Amazon voucher competition. 

15:0016:00

Webinar: Big issuers
Webinar

15:00 - 16:00

  • Challenges in RFR issuance and hedging, navigating multiple RFRs
  • How to deal with the legacy book
  • The challenge of backward-looking rates
Kris Devasabai

Editor-in-chief

Risk.net

Kris Devasabai is the editor-in-chief for Risk.net. Previously, he was bureau head, US of Risk magazine and now he manages the editorial teams in APAC, EU and US. Prior to joining Risk, he covered hedge funds, asset management, cross-border investing and law for several publications. Kris holds a bachelor’s degree in law and government from the University of Manchester, and he completed his legal training at the Inns of Court School of Law in London. He was called to the bar of England and Wales in 2003.

Chris Killian

managing director, securitization and credit markets

SIFMA

 

Chris manages for SIFMA's securitization and corporate credit advocacy and other activities. 

SIFMA has a special focus on agency MBS markets and maintains a collection of market standards and trading practices governing the TBA market. For the last few years, primary mandates in this area have been regulatory reform, the implementation of a single security for TBA trading, FINRA 4210 margin requirements, securitization capital requirements, and the world of GSE/housing finance reform. 

In the fall of 2018 Chris took over SIFMA’s corporate credit activities in addition to the securitization responsibilities.  This includes issues such as fixed income market structure, TRACE, and execution of SIFMA’s Insurance and Risk-Linked Securities Conference.  

He is also the primary staffer for SIFMA's activities related to LIBOR and the transition to alternative reference rates in the US and participates on the Federal Reserve’s Alternative Reference Rates Committee along with a number of subcommittees.

He also helps to coordinate SIFMA's activities related to fintech. 

Chris joined the Bond Market Association (predecessor to SIFMA) in 2005 as the analyst for the MBS and Securitized Products Division. He became head of the securitization group in 2013.  Prior to joining SIFMA, he was an accountant in the Retail Securitization Accounting and Investor Reporting group at JPMorgan Chase & Co., and was responsible for investor reporting and other administration of auto, student loan, and mortgage securitization transactions.

Chris holds Bachelor’s Degrees in Economics and Government from Franklin and Marshall College.

 

Jasper Livingsmith

Director of G7 portfolio management, treasury

European Bank for Reconstruction and Development

Jasper is Director of G7 Portfolio Management within the EBRD Treasury. He oversees the central risk warehouse for all hard currency risks across the Bank’s balance sheet, and is also heavily involved with IBOR transition across various RFR working groups. Jasper joined the EBRD in 2011. Previously he worked as a macro trader, and was a market maker at ABN AMRO.

Dominic T. Brown

Field Technology Head North America

Intralinks

Dominic Brown is a Field CTO at Intralinks in Waltham, MA. Dominic employs his 15 years of compliance and IT experience, along with Intralinks’ unique technology, to help organizations address challenges with sharing, distributing, and collecting highly confidential data. Dominic helps organizations understand and change internal procedures to deploy technology solutions that dramatically reduce the risk and expense associated with secure data exchanges. He has spent his career working with the Fortune 1,000 and North America’s largest government agencies. This work includes hands-on legal technology consulting, as well as leading teams to build and deploy collaboration, eDiscovery, and compliance solutions.

Sairah Burkin

Managing director

CREFC

Sairah Burki is Managing Director, Regulatory Policy at CREFC, where she focuses on regulatory issues with a significant impact on the commercial and multifamily real estate finance industry.  

Prior to joining CREFC, Sairah was a Managing Director and Head of Policy at the Structured Finance Association (SFA). Over the course of her six years at SFA, Sairah built the organization’s asset-backed policy function—developing its strategic response to new policy initiatives and regulatory requirements across a wide range of topics in the structured finance industry. Areas she covered included the Volcker Rule, risk retention, capital and liquidity requirements, Reg AB II disclosure requirements, and derivatives rulemakings. Most recently, Sairah worked extensively on the LIBOR transition, representing SFA on the Alternative Reference Rates Committee (ARRC) and co-chairing with Lisa Pendergast the ARRC’s Securitization Working Group. 

While at SFA, Sairah established and served as the first Executive Director of the Structured Finance Foundation, ensuring it fulfilled its mandate to enhance educational opportunities for underserved young people through scholarship funding.

Before joining SFA, Sairah spent seven years at Capital One where she was a Director on the securitization team, working on deal execution, feasibility studies across new trust structures, and compliance requirements. During the 2008 financial crisis, as Director of Treasury Policy, Sairah pivoted from a securitization role to one focused on developing Capital One’s response to the myriad Dodd-Frank and Basel proposals that had significant corporate finance and capital markets implications. Prior to Capital One, Sairah spent three years on the capital markets team at Xerox Corporation where she worked on unsecured issuance, ran the share repurchase program, and helped manage the derivatives portfolio.

Sairah graduated cum laude from Princeton University with a BA in Public Policy and received her MBA from the University of Pennsylvania’s Wharton School.

16:0017:00

Networking break VI

16:00 - 17:00

Join us in the networking area for a content-led discussion and Q&A via text chat with our expert speakers from the CRE Finance Council, SIFMA and EBRD (navigate to the networking area from the main lobby). 

Pick up where the panel discussion left off, and discuss “Challenges in RFR issuance and hedging, navigating multiple RFRs” 

Afterwards, head to the exhibition hall to visit our sponsor booths, coordinate 1-1 meetings via video and text chat with your peers, and enter our £100 Amazon voucher competition. 

All timings in BST

10:3011:30

Spotlight on: the loan market
Panel discussion

10:30 - 11:30

  • Credit spread – the need for credit sensitive benchmarks
  • Spread adjustments & Risk Free Rates
  • RFR loan conventions in GBP and other currencies
  • What impact will Covid-19 have on the timeline for IBOR transition?
  • Daily compounding & SONIA
  • Changes processes / systems to make use of SONIA loans
  • LMA documentation
Clare Dawson

Chief executive

Loan Market Association

Clare joined the Loan Market Association in 1999 after spending two years in the syndications department at Sumitomo Bank, working on loans in Europe, the Middle East and Africa.  Prior to this she spent two years at the British Museum Development Trust raising funds for the Museum's Great Court project.  Before joining the British Museum, Clare had spent some eight years at Sumitomo in the international department, including two years at the bank's head office in Tokyo, where she helped establish a syndications desk.  In London she worked mainly on origination in various Western European and Nordic countries.

Clare has an honours degree in Modern and Medieval Languages from the University of Cambridge.  She is a member of the Bank of England’s Working Group on Sterling Risk-Free Reference Rates and chairs the Sterling Loans sub-group.

Doug Laurie

Director, programme lead, wholesale lending technology and change

Barclays

Ian Fox

Group Ibor transition director

Lloyds Bank

Jamie Thrower

Head of syndicated loans agency & Libor transition business lead

Natwest

Jamie is the Commercial & Private Banking Business Lead for LIBOR Transition at NatWest and is the Chair of the Loans Flow Enablement Task Force established by the Bank of England and the FCA to identify and overcome blockers to greater SONIA issuance in the cash market.  He has also run the NatWest Syndicated Loans Agency business since June 2017, joining Agency from the Product and Capital Management team where he had responsibility for the Corporate Debt Product set.  Before this he was a Senior Director in the Project Finance business with a particular focus in the power and renewables sector. Jamie joined NatWest from Bank of Tokyo-Mitsubishi and started his career in PwC’s advisory business.

Navin Rauniar

Independent adviser

PRMIA

Navin is an independent risk director with over 16 years’ experience in advising the sell side on front to back risk and regulatory matters. Navin also specialises in the delivery of Risk Methodologies, Models & Governance for Tier One and Tier Two investment banks; whilst spearheading the analysis for IBOR Transition, FRTB, IRRBB, Basel IV, CRR 2 and CRD V offerings. He most recently worked as a Senior Manager at a leading global advisory firm where he led the analysis of the impact of the LIBOR Transition on financial institutions. 

Prior to this, Navin spent 15 years in the industry working in global run-the-bank and change-the-bank roles for Credit Suisse, RBS, Commerzbank and JP Morgan across Front Office, CRO and Operations. Navin is a member of the Professional Risk Managers Association and sits on the London Chapter Steering Committee. Navin supports the CRO community via mentoring of risk professionals and the organisation of risk, regulatory & leadership events. 

11:3012:30

Networking break VII

11:30 - 12:30

Join us in the networking area for a content-led discussion and Q&A via text chat with our expert speakers from the Loan Market Association, Barclays, Lloyds Bank, Natwest and PRMIA (navigate to the networking area from the main lobby). 

Pick up where the panel discussion left off, and discuss “what impact will Covid-19 have on the timeline for IBOR transition?” 

Afterwards, head to the exhibition hall to visit our sponsor booths, coordinate 1-1 meetings via video and text chat with your peers, and enter our £100 Amazon voucher competition. 

12:3013:00

Case study: what’s involved in Libor-RFR transition
Presentation

10:40 - 11:00

Market participants describe how they are preparing for the demise of Libor.

Santander’s RMBS switch

Martin McKinney

Medium term funding

Santander

Martin McKinney is Senior Manager in Santander UK’s Treasury team and has been part of the Santander UK Group since December 2014. Martin has over 7 years’ experience in UK bank funding teams with a focus in secured funding.

Martin is responsible for wholesale funding activities of Santander UK with a term greater than 1 year across the bank’s funding and capital structure – this includes both issuance and liability management.

14:0014:30

RFR options in the transition phase

14:00 - 14:30

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  • Where are we with the transition?  
  • The role of technology: how to automate, accelerate and facilitate the transition  
  • How to manage the transition for derivatives, cash and securities products?  How to assess the impact of this transition?
  • The new world of risk-free rate benchmarks: challenges and specific geographic requirements  
  • Analytics: what is changing for options and how it impacts trading and risk management applications 
Didier Loiseau

Global head of rates, bonds and credit

Murex

Didier joined Murex 16 years ago. He spent 7 years as an Interest Rates Derivatives (IRD) consultant, working with numerous European and international financial institutions, and developing his interest and expertise in this field.

He then joined the product development division and led the IRD practice until 2014. In this role, he oversaw the transformation of the rates solutions following the financial crisis, introducing new features for multi-curves, clearing, OIS discounting and negative rates management in the MX.3 platform. Didier has been in charge of the evolution of Murex’s rates and credit solutions, as well as curve and volatility analytics, since 2016.

In 2018, he was appointed co-head of the Murex IBOR discontinuation taskforce, responsible for the design and development of the Murex IBOR discontinuation solution. Didier is a computer science and financial mathematics engineering graduate from the National School of Computer Science and Applied Mathematics (Ensimag) in Grenoble, France.

15:0016:00

Webinar: Bank treasury
Webinar

15:00 - 16:00

  • Viewing the balance sheet through an RFR lens,
  • Funding across multiple RFRs,
  • Dealing with the legacy stock of Libor issuance
Robert Mackenzie Smith

editor, US asset management

Risk.net

Jason Granet

Head of firmwide Libor transition efforts

Goldman Sachs

Jason is responsible for the firm's London Inter-bank Offered Rate (LIBOR) transition efforts. Previously, he was deputy head of Liquidity Solutions for Goldman Sachs Asset Management (GSAM). From 2010 to 2017, Jason was the head of International Liquidity Portfolio Management for GSAM, responsible for the management of international liquidity portfolios. From 2007 to 2010, he was co-head of the Secured Funding team on the Central Funding desk, where he and his team were responsible for all financing transactions and financing counterparty relationships across the Investment Management Division. Prior to that, Jason worked in the portfolio and risk strategy group of GSAM’s Fixed Income team from 2004 to 2007. Before joining GSAM, he was an analyst in Fixed Income Operations. Jason joined Goldman Sachs in 2000 and was named managing director in 2012. Jason was recognized by Financial News as one of the “FN 40 Under 40 Rising Stars of Asset Management” in 2013 and 2014. Jason serves on the Board of Trustees of Fairy Bricks. Jason earned a BA in Economics from the University of Michigan in 2000.

John Millward

Managing director, global co-Head of covered bonds and head of ABS for EMEA

HSBC

Mark Cabana

Head of US rates strategy

Bank of America Merrill Lynch

Mark Cabana is the head of US Short Rates Strategy at BofA Merrill Lynch Global Research, based in New York. In this role, he publishes research and trade recommendations covering US short-term interest rates and macro strategy. He also meets regularly with a broad range of clients to discuss the firm's views on Fed policy, interest rates and financial regulation. He has been with the firm and in this role since 2015.

Before joining the firm, Cabana worked as an officer in the Markets Group at the Federal Reserve Bank of New York, which he joined in January 2007, analyzing global macroeconomic conditions and financial markets. Prior to that role, he was a senior trader/analyst on the Fed’s Treasury Market Policy staff.

Cabana earned a bachelor’s degree in political science and Asian studies at Furman University and a master’s degree from Johns Hopkins University in international relations. He is a CFA charterholder.

All timings in BST

11:0011:30

The role of technology - Libor transition impact analysis
Presentation

12:30 - 13:00

Thumbnail
  • Data and analysis
  • Calculation, pricing and valuation
  • Execution and risk management
Jeremy Wilson

Fixed Income Market Specialist

Bloomberg

Jeremy Wilson is a Fixed Income market specialist at Bloomberg, with a particular focus on rates derivatives, helping clients navigate regulatory change, including the LIBOR transition. Jeremy has 12 years' experience of market-making interest rate swaps at Credit Suisse, Royal Bank of Canada and BNP Paribas, covering various currencies including EUR, USD, AUD, JPY, NZD and HKD. Most recently, he spent 4 years providing consultancy, thought leadership and engagement delivery to financial services clients, specialising in Front Office topics and a wide range of emerging risks, including LIBOR transition.

Ben Bullock

Interest rate derivatives product manager

Bloomberg

Ben joined Bloomberg in 2017 and is a Product Manager specialising in interest rate derivatives. His team is responsible for all aspects of Bloomberg's cross-asset derivatives data infrastructure. Ben is a key member of Bloomberg's LIBOR Transition Working Group. Prior to joining Bloomberg Ben spent 14 years trading interest rate derivatives for a Canadian bank where he most recently held the role of Head of European & Asian Interest Rate Swaps Trading."

11:3015:00

On Demand Day
11:30-16:30

11:30 - 16:30

Before the event closes its virtual doors – catch up on any missed content, reach out to sponsors and network with peers you’d been hoping to meet earlier in the week.

We will also announce who has won the Libor Virtual Week competition, with a prize of £100 worth of Amazon vouchers. The winner will be named at the Libor Virtual Week booth at 16:00 BST .