Fourth Annual Liquidity & Funding Risk 2016, a two day conference hosted by Risk.net, focussed on the topics of Liquidity Risk Management, Liquidity Risk Reporting and key issues impacting Treasury, Trading and Asset Liability Management. iRTM was a key sponsor at this conference, which took place on 20th and 21st of September 2016 in London. The conference featured top decision makers from financial institutions like European Central Bank, HSBC, RBS, Deutsche Bank, Bank Of Ireland Group, Credit Suisse, Standard Chartered Bank etc.
iRTM was represented at the event by Chetan Kamat (Head of European Sales and Business Development – iRTM), Timothy Donnelly (Business Development Manager - iRTM) and Indranil Dasgupta (Business Head – OneLRM). Indranil’s address on ‘Corporate Banking - Where Cash is No longer the King and Liquidity is the New Capital’, was very well received by the audience. He spoke on the challenges faced by the banks in the emerging RegTech space, the impact of Basel III guidelines on the Transaction Banking space, the need to build a better Capital Charges framework, the necessity to improve product & customer analytics and trends in the corporate banking space at the back of liquidity risk LCR and NSFR guidelines. He explained how liquidity is the new capital and how an efficient Risk based Analytics framework can help banks better ‘Manage and Monitor’ risks.
Gerry Cross (Director of Policy and Risk - Central Bank of Ireland) gave an interesting address on the framework for liquidity supervision in EU and how it helps financial institutions to adapt to various market situations and steer clear of financial turbulence situations. Many interesting insights also emerged from various panel discussions which took place at the conference:
- Funds Transfer Pricing (FTP), which is the best tool which treasuries can use to incentivize their front-line businesses, is often overtly complex and over-engineered.
- There is a market need for an intraday liquidity solution that can significantly enhance the quality of underlying data; and provide banks with the confidence they require to effectively meet BCBS 248 regulatory requirements.
Abhijeet Kulkarni (Liquidity Risk SME, Group Treasury – Standard Chartered Bank), Ian Shepard (Head of Liquidity Risk – Santander) and Koral Araskin (Institutional Cash, Liquidity Management - Deutsche Bank) were some of the prominent attendees who visited iRTM’s stall at the conference to discuss various business / technological challenges faced by them and review the showcased solutions. Networking at the event helped iRTM representatives to gauge the major areas of concern for banks, while developing adequate intraday liquidity risk frameworks like data collection, pillar 2 control, monitoring through limits, intraday liquidity stress testing, building contingency funding plans etc. In a nutshell, the conference acted as a good platform to showcase OneLRM’s capabilities to a diverse range of professionals from Investment Banks, Retail Banks, Financial Consultancies, Rating Agencies and Regulatory Bodies in the Euro region. iRTM’s participation at the conference was promoted on various social media platforms.