HOT TOPICS AND SIMCORP PARTNERS

Hot-topic sessions and SimCorp Partner track

THURSDAY 15

1: Operating model: Choosing the right model for a complex world

Martin Engdal, Director, Global Product Marketing, SimCorp

An ever-changing and evolving investment management landscape requires that your operating model is optimized for scalability and efficiency. To be successful, you must be able to adapt and change your operating model to reflect industry trends and developments such as changing cost structures, growth plans, and regulations.

Whether you are aiming for a local or global operating model, your choice will have a direct impact on your technology requirements, which must be reflected in your technology strategy. All of this requires that you invest key resources, time, and money.

Join this session to get expert insights into all the different aspects you must take into account when optimizing your operating model.

Session times:
Thursday, September 15, 2016 – 10:45 am to 11:30 pm
Thursday, September 15, 2016 – 1:30 pm to 2:15 pm
Thursday, September 15, 2016 – 2:30 pm to 3:15 pm

2: Achieving long-term growth: What’s required to capture growth opportunities in a volatile market?

David Beveridge, Senior Product Marketing Manager, SimCorp
Steve Young, Managing Director, Citisoft EMEA

Current markets are both volatile and uncertain, and revenue/profit has not grown at the same rate as AUM. Having said that, there is consensus that long-term (3-5 years) growth is inevitable.

You can achieve long-term growth in any number of ways: M&A, new markets, new products, low price leader, and more. Regardless of your chosen operating model and growth strategy, it is imperative that you begin preparing for capturing growth opportunities now versus years from now.

Join this session to get expert insights into all the different aspects that you need to take into account when pursuing your growth strategy. You will gain a unique understanding about what preparations you must make to ensure that your long-term growth ambitions come into fruition. We will also share some of the results of our recent primary research on growth aspirations in the asset management industry conducted by Lindberg.

Session times:
Thursday, September 15, 2016 – 10:45 am to 11:30 am
Thursday, September 15, 2016 – 11:45 am to 12:30 pm
Thursday, September 15, 2016 – 2:30 pm to 3:15 pm

3: Blockchain: How could it impact your business model?

Igor Gramatikovski, Product Manager for Settlement, SimCorp
Keith Tippell, Managing Director, Head of Securities and FX Markets, SWIFT

The level of investment, industry research, and media hype that surrounds blockchain and distributed ledger technologies (DLT) has reached unprecedented levels. The reason behind is that, at least in theory, by providing a common, ubiquitous distributed ledger, these technologies could reduce the friction created in financial networks when different intermediaries use different technology infrastructures.

However, understanding, let alone developing, blockchain-based applications is neither easy nor cheap. It requires specialist skills in cryptography, distributed database design, and even specialized hardware. Experience teaches us that business standards will be key to the success of DLTs.

In this hot-topic session, we will discuss some possible scenarios and give our views on their likelihood in the medium- to long term.

Join this session to learn what Blockchain and DLT are, and how these technologies might impact your business model and practices in the future.

Session times:
Thursday, September 15, 2016 – 11:45 am to 12:30 pm
Thursday, September 15, 2016 – 1:30 pm to 2:15 pm
Thursday, September 15, 2016 – 2:30 pm to 3:15 pm

4: Alternative investments: Building up and monitoring a portfolio allocation to Private Equity

Hugues Chabanis, Product Manager for Alternative Investment, SimCorp
Thomas Meyer and Didier Guennoc, Managing Partners, LDS Partners

In a low-interest, low-yield market, investment managers are looking for ways to invest their assets outside the traditional asset classes. This situation is fuelling the growth in alternatives, which, despite their risk profile and long-term investment horizon, are growing twice as fast as the traditional market and now represent 10% of the global assets under management.

However, managing complex assets like alternatives puts challenges on your operating model and operations, not the least from a systems point of view.

Join this session for a discussion around specifics to consider and analytical tools to use while building up a portfolio allocation to illiquid asset classes.


Session times:
Thursday, September 15, 2016 – 10:45 am to 11:30 am
Thursday, September 15, 2016 – 11:45 am to 12:30 pm
Thursday, September 15, 2016 – 1:30 pm to 2:15 pm

5: Private debt: New enhanced support loan facilities in SimCorp Dimension

Peter Erik Hertel, Product Manager for Fund Administration, SimCorp

The private debt market continues to be a popular investment target. With attractive return/risk ratios, the asset allocation points at extending the engagement in the private debt market.

However, the market is characterized by complex structures and manual routines. This session will address how to meet these challenges with the dedicated support for Loan Facility arrangements that SimCorp launched for pilots in Release 6.0.

Particularly, this session will show how to meet challenges like:

• Multiple parallel interest terms (security master with underlying contracts)
• Special Loan Facility events
• Trading without accrued interest
• Payment In Kind (PIK)
• Assignment/participation-based trading
• Delayed settlement
• Commitment-based investment/fee structures/valuation
• Interfacing with the counterparties/data vendors

Join this session to hear about practical experiences with our new support for loan facilities from one of your peers and to get demos from the system. The session is relevant of everybody interested in the private debt market.

Session times:
Thursday, September 15, 2016 – 11:45 am to 12:30 pm
Thursday, September 15, 2016 – 2:30 pm to 3:15 pm

6: Reconciliation: A pillar of IBOR

Paul Michael, Product Manager, SimCorp

Complexity is a common feature of reconciliation architectures for many investment management firms. The impact of this complexity is to create further inefficiencies and higher costs to the organization, none more so than in the field of reconciliation.

The Reconciliation Manager, introduced in version 5.9, seeks to simplify the process of reconciliation, from identification, through to resolution. The simplification is delivered through a modern application, concentrating on core reconciliation tasks, and is supportive of instant data access and transparency to the investment book of record (IBOR).

Join this session to hear about real-life experiences with our Reconciliation Manager from one of your peers and learn more about the role reconciliation can play in your organization and the incorporation of reconciliation as a primary pillar within your IBOR.

This session will include a demonstration of Reconciliation Manager.

Session times:
Thursday, September 15, 2016 – 10:45 am to 11:30 am
Thursday, September 15, 2016 – 1:30 pm to 2:15 pm

7: IFRS9

Carsten Kunkel, Senior Manager Legal Practices, SimCorp Regulatory Center of Excellence, SimCorp
Uffe Hilfling Lehman, Solution Architect for Back Office, SimCorp

If your primary business is not insurance-related, then you will be expected to be ready to conform to the IFRS9 accounting standard by January 1, 2018. Right now, you are probably in the midst of a project with a view to producing comparable IFRS9 figures for 2017. Please come along to this session to find out how other firms are organizing their projects and the timelines that they are working towards.

The IASB’s latest decision to align IFRS9 and IFRS4 has led to two options for Insurers a) The deferral approach – to postpone IFRS9 compliance for three years and continue with IAS39 or b) The overlay approach – to calculate IFRS9 figures and then post adjustments relative to IAS39. If you choose the latter, you are probably in the midst of a project, and if you are choosing the former, then you may wish to attend this session to find out how others are planning.

During this session, we will discuss tools and techniques to re-classify positions for Phase 1. You will also get a SimCorp Dimension demonstration of the credit-loss allowance for impaired bonds, which forms part of Phase 2.

Session times:
Thursday, September 15, 2016 – 10:45 am to 11:30 pm
Thursday, September 15, 2016 –11:45 am to 12:30 pm

8: Fixed Income Performance Attribution: Evaluate your investment decisions

Jesper Stenvang, Product Owner for Performance Measurement, SimCorp

The market is experiencing an increased demand for attributing and decomposing returns in a way that supports the decision process for fixed income investments. However, many investment management firms are challenged by data-heavy operations and manual tasks related to delivering fixed income attribution in a timely and efficient manner.

Firms need to provide portfolio management with detailed and enriched information as feedback to their investment decisions and at the same time create intuitive management and client reporting.

In this hot topic session, you can learn about SimCorp’s factor-based FIPA framework, the flexibility it provides, and how you can use it to support your investment process.. Learn about the transparent solution and the operational advantages of including factor-based FIPA in your suite of IBOR-based solutions, such as consistent market date, benchmarks, and transactions/holdings.

Session times:
Thursday, September 15, 2016 – 1:30 pm to 2:15 pm
Thursday, September 15, 2016 – 2:30 pm to 3:15 pm

9: Data Warehousing: Why it must be owned and driven by the information consumers

Ramesh Rabadiya, Director Data Management & Data Warehouse

Polls at last year’s IUCM revealed that data warehousing, Business Intelligence, and reporting are the data management tools, which SimCorp clients are most likely to invest in for the next three years.

Traditionally, building a data warehouse to consolidate information from many systems was a huge project and most often owned by the IT department. With SimCorp Dimension at the center of your systems landscape, you have less systems to consolidate. Still, the business has the need for easy access to information in a consumer-friendly repository, which can help them in their daily decisions and help generate reports, KPI’s, etc.

Join this session to hear real-life experiences from one of your peers and to learn from product experts how SimCorp’s data warehouse solutions can help you move the data warehouse closer to the business and reduce the time to new information across you organization.

Session times:
Thursday, September 15, 2016 – 11:45 am to 12:30 pm
Thursday, September 15, 2016 – 2:30 pm to 3:15 pm

10: OTC derivatives: The evolving front-office landscape

Matthew Reid, Product Manager for Order Management, SimCorp

IRS and CDS are now market standard instruments for gaining the risk exposure or hedging that a portfolio manager desires. Their proliferation and the issues that arose during the financial crisis of 2008 have lead to a regulatory push for centralized counterparties and SEF execution.

In order to meet the evolving requirements in this space, SimCorp has invested heavily in renovating its front office capabilities from the creation of standardized templates, PM simulation, and order creation through to SEF execution and clearing via Markit.

This session offers insight into real-life experiences from one of your peers and provides insight for any attendees with involvement in front office activities, especially the management or execution of fixed income portfolios.

Session times:
Thursday, September 15, 2016 – 10:45 am to 11:30 pm
Thursday, September 15, 2016 – 1:30 pm to 2:15 pm

11: Regulatory data challenges: Ownership, transparency and reporting

Phil Cole, Global Head of Proposition Insight, Thomson Reuters

Regulators have begun pivoting their attention from banks to asset management with an increased focus on systemic risk. The accuracy of disclosures is falling under this scrutiny. Almost every country around the world has transparency regulations that require asset owners to monitor and report their positions (short or long) in each issuer where they exceed certain limits. It is imperative that they do so in a timely and accurate manner under Major, Short Selling, Takeover Panel or Sensitive Industry Limit rules to avoid fines from increasingly vigilant regulators.

The session will address the below topics:

  • What are the key challenges asset managers are currently facing with the shareholding disclosures?
  • What are the regulatory issues that the industry is facing on the new disclosure rules?
  • What kind of data can we realistically get in order to meet disclosure requirements?


Session times:
Thursday, September 15, 2016 – 10:45 am to 11:30 am

12: Tailor-made client reporting and data mining – best-practice approaches with SimCorp Dimension

Julian Köster, Head of Sales, Preyer GmbH

This session will focus on three main topics:

  • The face to the client – the importance of high-quality client reporting
    • Introduction to reporting in a client-focused world
    • Tailor-made reporting as a Unique Selling Proposition
  • Complex system landscape and interdependencies
    • Understanding relevant data flows
    • Defining requirements, a decisive factor for your project
  • The road to success
    • Managing and mastering client reporting implementation projects
    • Simplification of workflows, what can and should be done?
    • How have other SimCorp clients achieved their goal?


Session times:
Thursday, September 15, 2016 – 11:45 am to 12:30 pm

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