Agenda

Agenda

08:30

Registration and refreshments

08:55

Welcome remarks: Costas Mourselas, Senior Staff Writer, Risk Management, Risk.net

09:00

Chief Economist address: managing risks and finding yield in a turbulent economic and political environment

  • Placing the South African economy in a healthier trajectory – What are the key factors in improving employment levels, GDP growth and the high fiscal deficit?
  • How do you assess and manage the political risks?
  • Integrating climate change, geopolitical instability and social uncertainty into your risk management framework
  • Risks in 2020 and beyond

Brian Kantor, Chief Strategist and Economist, Investec Wealth and Investment

09:30

South African Reserve Bank address -  implications of transitioning to JIBAR

10:00

Solving the $350 trillion problem - how will financial markets transition from the IBORs?

  • What are the steps being taken to prepare for the IBOR transition?
  • Challenges in shifting derivatives contracts to a new reference rate
  • What are the proposed mechanisms to replace the rate in legacy contracts, and will they work?
10:40

Clearing panel - innovations and trends in clearing and risk management

  • Key updates on mandatory clearing in South Africa
  • What effects has non cleared margin requirements had on the clearing landscape?
  • Will FX derivatives products move to clearing? (FX options, NDFs, cross currency swaps)
  • Changes in the initial margin model and likely implications for investors

11:10

Speed networking- Network and build quick connections with the most influential players in the risk community

Regulation and Risk Management

11:55

The road to implementation - how to stay ahead of the FRTB curve in the trading business

  • What is the current regulatory status of FRTB and what are the implementation challenges?
  • What are the key challenges in the identification and capitalization of NMRFs?
  • Solving the FRTB backtesting and P&L attribution test puzzle
  • Internal or standardised approach?
  • FRTB and the changing nature of business – what are the main impacts?

Bianca Ruddy, Head of Market Risk Analysis, Nedbank

Ahimsa Gounden, Head of Market Risk, Capital and Regulatory, Absa

12:40

Managing conduct risk – examining industry developments and challenges

  • Defining, measuring and managing conduct risk
  • Conduct risk across the first line of defence
  • What are the fundamental drivers of misconduct in the financial services industry?
  • What are the potential vulnerabilities in firm’s cultures that may lead to misconduct events?
  • Assessing the most effective strategies to improve conduct, culture and customer experience

13:10

Lunch and networking break 

Diversity and Inclusion in Risk  

Join the conversation on diversity and inclusion in risk and investment management. What can you, your organisation and community do to encourage diversity in the industry?

  • Which firms are the leaders in promoting diversity of thought? How have they achieved it?
  • What are the major pitfalls? What to avoid in the bid to attract and nurture top talent

14:10

Harnessing the transformative power of AI and machine learning

  • Use cases of big data, advanced analytics and quantum computing to enhance risk management
  • How do you manage the risks associated with the application of big data, machine learning and AI?

15:10

War Games: disaster recovery and business continuity in risk management

In each disaster and recovery scenario, participants are introduced to an unfolding risk scenario and asked to consider the immediate steps they would advise their firm to take based on the information available at each stage.

Part I: Scenario strategising

  • 2 minutes intro to the topic from the leader
  • 5 minutes to read the scenario
  • 20 minutes to decide the POA in your group

Part II: Presenting back

  • 3 minutes for the leader to summarise and present back the POA to the audience

Leader 1: Topic and speaker tbc

Leader 2: Topic and speaker tbc

Portfolio Management and Investment Strategies

11:55

Beating the market? Optimising investments with new sources of data and trading technology

  • How new tools and technique can optimise every stage of the investment process
  • How data sets are evolving
  • Multi-period portfolio optimisation and alpha decay
  • How to ensure NLP and other analytics tools complement and augment the work of portfolio managers 

12:40

Taming the sharks - the role of investors in corporate governance

  • The real costs of governance failure
  • Integrating Environmental, Social and Governance (ESG) factors into investment analyses
  • Improving “the web” of governance: Beyond the King Code
  • Capital market standards: Protecting investors, protecting the country

Andrew Canter, Chief Investment Officer, Future Growth Asset Management

13:30

Lunch and networking break 

Diversity and Inclusion in Risk  

Join the conversation on diversity and inclusion in risk and investment management. What can you, your organisation and community do to encourage diversity in the industry?

  • Which firms are the leaders in promoting diversity of thought? How have they achieved it?
  • What are the major pitfalls? What to avoid in the bid to attract and nurture top talent
14:10

Smart beta portfolio strategy – reduce risk, enhance return and deliver diversification

  • What is smart beta and how ‘smart’ is smart beta investing?

  • How has the market grown and where is it heading?

  • Factor portfolio construction:

  • How do you define the factor that you are tracking?
  • How do you build a factor investing portfolio?
  • How much difference can portfolio construction make?
  • Does factor purity matter?
14:45

Initial margin - how to do it and get it right  

  • Overview of the initial margin requirements
  • Establishing your threshold and identifying covered counterparties
  • Raising client awareness
  • Updating legal documentation
  • Selecting and implementing the initial margin approach
  • Assessing the potential liquidity impact of initial margin
  • Considering the impact on derivative pricing
  • Enhancing the collateral management operations
15:30

War Games: Disaster recovery and business continuity in investment management

In each disaster and recovery scenario, participants are introduced to an unfolding investment risk scenario and asked to consider the immediate steps they would advise their firm to take based on the information available at each stage.

Part I: Scenario strategizing

  • 2 minutes intro to the topic from the leader

  • 5 minutes to read the scenario

  • 20 minutes to decide the POA in your group

Part II: Presenting back

  • 3 minutes for the leader to summarise and present back the POA to the audience

Leader 1: Topic and speaker tbc

Leader 2: Topic and speaker tbc

16:10

Knowledge cafes: Grab a coffee and join a table of your choice to share ideas and network with fellow industry professionals

Roundtable 1: Climate change – understanding and managing the risks

Roundtable 2: Digital innovation and how to make it work  

Roundtable 3: Building business resilience in the cyber age

Roundtable 4: Optimising the calculation of XVA sensitivities

Roundtable 5: Implementation and challenges of Basel III and IV in South Africa

16:40

CIO keynote: the Rand and South Africa’s investment grade status - operating effectively in the changing landscape

17:00

CRO and CIO panel - current and future strategies for risk management and investment in Sub-Saharan Africa

17:30

Climate change and financial stability – the role of South Africa in meeting future energy demands

  • How best to factor in the consequences of climate change and the transition to a low carbon economy?
  • What are the major opportunities and risks of regulation and transparency initiatives?
  • What are the next steps in ensuring that Eskom remains operationally sustainable and relevant?
  • How can businesses maintain and increase profitability whilst driving low-carbon innovation?
  • How can institutional investors be part of the ‘’Just Transition’’ process and what role do they have as fiduciaries representing pension funds in deploying capital?
18:00

Chair's closing remarks

18:05 End of conference and networking drinks