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ECB Operations managers group (OMG) Global Operations Managers' Conference: "Treasury operations – Striking the balance between efficiency and resilience"

Date: 23 - 24 April 2007
Venue: Hilton hotel, Frankfurt

The conference brought together around 170 participants and speakers from the international sister committees as well as from various trade associations and infrastructure providers related to the treasury market.

This is was the third conference of its kind. The previous two conferences were organised by the operations managers groups of the New York FX Committee (September 2003) and the London FX Joint Standing Committee (April 2005).

Programme

Day 1 - Monday, 23 April
8:30 - 9:00 Registration

9:00 - 9:15 Welcome speech:
Ms Tumpel-Gugerell (Member of the Executive Board, European Central Bank)   pdf 47 kB, english

I Ensuring readiness and resilience

9:15 - 10:45 Panel discussion on resilience in operations
Moderator: Eloy Lindeijer (De Nederlandsche Bank, Member of the OMG)
Panel speakers: Harry Newman (SWIFT)   pdf 1.4 MB, english, Joe Halberstadt (CLS)   pdf 1.2 MB, english, Rene Steenhart (Rabobank)   pdf 438 kB, english, Filip de Wolf (Ascure)   pdf 752 kB, english

10:45 - 11:00 Coffee break

II Achieving operational efficiency

11:00 - 12:30 Panel discussion on strategies for reducing operational cost
Moderator: Paul Abraham (ACES)   pdf 45 kB, english
Panel speakers: Niklas Bartelt (DZ Bank)   pdf 155 kB, english, Andreas Gaus (ACI Education - Credit Suisse)   pdf 36 kB, english, Ronald Vergeer (ABN AMRO bank)   pdf 693 kB, english

12:30 - 14:00 Lunch

14:00 - 15:30 Panel discussion on balancing operational efficiencies and regulatory controls within a changing derivatives market-place
Moderator: Paul Dillon (AIB, Chair of the OMG)
Panel speakers: Patricia Mosser (Federal Reserve Bank of New York)   pdf 160 kB, english, Holger Hartenfels (Deutsche Bank)   pdf 113 kB, english, Stuart McClymont (Deutsche Bank)   pdf 113 kB, english

15:30 - 15:45 Coffee break

III Industry developments - part I of II

15:45 - 16:30 TARGET2 & TARGET2-Securities - Jean-Michel Godeffroy (ECB),   pdf 1.3 MB, english

16:30 - 17:30 Panel discussion on developments in the FX prime brokerage arena
Moderator: Andrew Grant (Morgan Stanley)
Panel speakers: Andrew Coyne (Citigroup)   pdf 71 kB, english, Roger Allen (Merrill Lynch)   pdf 378 kB, english

18:00 Cocktail with finger food

Day 2 - Tuesday, 24 April
IV Reflections from international committees

9:00 - 10:30 The role of international treasury committees in striking a balance between efficiency and resilience   pdf 95 kB, english
Moderator: Francesco Papadia (ECB, Chair of the FXCG, MMCG)
Panel speakers: Richard Mahoney (FXC - The Bank of New York), Leigh Meyer (FXJSC Operations sub-group - Citigroup), Werner Studener (FXCG - ECB), Tetsuya Inoue (TFEMC - Bank of Japan), Bill Chua (SFEMC Operations Sub-committee - United Overseas Bank), Kitty Lai (TMA - Hong Kong Monetary Authority)

10:30 - 10:45 Coffee

V Industry developments – part II of II

10:45 - 12:00 Panel discussion on electronic trading
Moderator: Johan Evenepoel (Dexia, Member of the MMCG)
Panel speakers: Mark Dearlove(Barclays Capital),   pdf 900 kB, english, Ulf Bacher (Dresdner Bank)   pdf 334 kB, english, Philip Harris (FXMarketSpace)   pdf 329 kB, english, Godfried de Vidts (ICAP)   pdf 1.8 MB, english

12:00 - 13.15 Lunch

13:15 - 14:00 The revitalisation of the Japanese money market - Tetsuya Inoue (Bank of Japan)   pdf 163 kB, english

VI Providing better client services

14:00 - 15:30 Panel discussion on the value chain in trade services from a client perspective
Moderator: Joerg Isselmann (BHF, Member of the FXCG)
Panel speakers: Tony Centofanti (Banque Pictet & Cie), Kurt Schaefer (DaimlerChrysler), Martin Bagshaw (Detica)   pdf 2.2 MB, english, Martin Wiedmann (Quaesta Capital)

15:30 - 16:00 Conference conclusions
Francesco Papadia (ECB, Chair of the FXCG, MMCG) and
Paul Dillon (AIB, Chair of the OMG)

16:00 Farewell drink

SEE ALSO

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Payments and markets

Operations managers group (OMG)