Past Events

ETC March 2011 Quarterly Meeting

On the 20th anniversary of the launch of European ETC initiatives, the meeting hosted by the LSE provided a selection of presentations, followed by a stimulating panel session that raised the following questions:
1. Is ETC still important? Discussion: Market risk (pre-confirm); Credit risk (post confirm); Ops risk (STP and data integrity). Conclusion: Yes
2. Why is ETC still not ubiquitous i.e. why are we still talking about this? Discussion: Prime Brokers and use of bespoke portals for Tier 1 Hedge Funds; different solutions for different asset classes, lack of differential pricing around operationally inefficient clients ....fragmented vendor space.
3. Has vendor competition in this space Helped or Hindered ETC take up? Discussion: standards, networks, SWIFT versus Omgeo versus Markit et al the tension between efficient monopoly and commercial freedom to compete vendor focus on product silos not x-asset class......... winners and losers.
4. Will increased regulation Push or Distract from more ETC? Discussion: CCP and Clearing House models are changing, new offerings expected to come to market Ops risk measures and increased capital charges for bilateral business push firms towards bespoke Clearing House models.....
Conclusion - ETC more important than ever.

The presentations are available:

EMIR June 2011 Quarterly Meeting
ISITC Europe had the privilege to hold an event with a number of high profile speakers including Andrew Douglas (Head of Public Affairs, DTCC) and John Wilson (former MD & Global Head, OTC Derivatives Clearing at RBS). They focused on issues surrounding the topic of (EMIR).Martin Sexton (London Market Systems) provided a briefing on the work being undertaken by the FpML/ISDA Regulatory Reporting Working Group.

ISITC EUROPE’S MISSION IS TO PROMOTE OPERATIONAL EFFICIENCY IN THE GLOBAL FINANCIAL INDUSTRY THROUGH EDUCATION, DESIGN, STANDARDISATION & RECOMMENDATION

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Annual Conference 2010

On 11th November 2010 we were witness to full set of stimulating panel sessions and keynote speakers, Angela Knight (CEO, BBA) .

MiFID podcast with Chris Pickles is also available.

Annual Conference 2011

On 18th November 2011 we were provided with numerous panel sessions, covering Regulations, Confirmation and Matching, and others that focused explicitly on the LEI and T2S. We had a lunch briefing on Reference Data and we also had the privilege of keynote speeches by David Doyle (EU Policy Adviser in financial services and Board member of the Kangaroo Group, European Parliament) and Squadron Leader Andrew W. Lamb (RAF).

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