Technology and the role of FinTech continue to drive innovation in our industry, with a well-developed eco-system supporting the market, creating efficiencies and helping to add trading alpha. At the same time that global regulators and policy makers are looking at possible solutions to help financial institutions meet their regulatory reporting obligations, we are also witnessing a real revolution across many financial services industries and their associations to explore this and other possibilities that technology can assist with.
Our opening presentation during the afternoon at ISLA’s 10th Annual Post Trade Conference 2019 will be delivered by Francesca Hopwood Road from the Financial Conduct Authority (FCA), who will be explaining the Digital Regulatory Reporting pilot project run jointly with the Bank of England (BoE). As well as the background and the development of the specialist group, Francesca will outline amongst other things, the many stages of the pilot and agreed objectives at each stage.
Following on from this update on an important regulatory initiative, the next debate will then consider the broader operational benefits of digitalisation. With confirmed panellists Deepak Sitlani, Partner at Linklaters, Miles Barker, Lead Business Analyst at Credit Suisse, Ian Sloyan, Director, Market Infrastructure and Technology from ISDA and Olly Benkert, Co-Founder and Advisor from HQLAx, this session will look at how the current regulatory and business agenda is providing a springboard for the market to consider how broader technologies, including the development of Common Domain Models and digital agreement conduits, will potentially change post trade and operational flows. The panel will look at the experience of other markets and products, and what we might expect to see next as the pace of change quickens.
Our penultimate panel titled Technology – The Vendor Evolution, will showcase the vendor and service provider incumbents from the securities lending and financing industry. Following a similar format to the super panel during Lisbon 2018, the group will look at the current market, regulations as well as the developments discussed in the previous two sessions to provide concise responses to how their products are evolving to the changing technological landscape. What do they feel the market needs, and how are they adapting to remain relevant.