70 Gracechurch Street
Under new Basel rules, we are moving from the world of risk modelling to the world of real-time risk reporting. The Fundamental Review of the Trading Book, which has to be implemented by January 2022, requires significant upgrading of trading and risk systems and key challenge is data for testing Murex and other platforms. In particular, firms require data for testing their calculations for Credit Value Adjustments (CVAs) - measurements of the changing risks produced by movements in market and credit positions. This seminar will focus on how firms are meeting the challenge, and how they can create multiple, agile, repeatable and secure data environments that can be deployed instantly to test their trading algorithms.
This is an invitation-only seminar event for banking professionals, hosted by QA Financial and Delphix. If you are interested in attending, please e-mail us at firstname.lastname@example.org
Adolfo Montoro, MSc FRM is a Director within Bank of America’s Global Risk Analytics department in London. Prior to join BofA Adolfo held various senior roles in Deutsche Bank as analytic lead for large scale projects to reengineer the market risk analytic and market data framework and to ensure the adequacy of underlying quantitative methodologies with current and FRTB Regulatory prescriptions. Whilst performing these roles he has also extensively contributed to the Industry Technical forums supporting elements of the FRTB (as well as IBOR) implementation and advocacy on behalf of the Bank. Prior to join Deutsche Bank he was part of the Market Risk Control department at UBS O’Connor in London. Before relocating to the UK Adolfo was a Market Risk Manager in Banca del Gottardo (now EFG Group) in Lugano, Switzerland. He started his career in the Risk Management Department of FinecoGroup in Milan, Italy. Adolfo is currently also affiliated with the Global Association of Risk Professionals GARP, where he serves as a Regional Co-Director for the UK Chapter and member of the FRM Committee.
Gary has been with Delphix for over 4 years and has over 30 years experience in technology delivery, project management and sales and is passionate about delivering real business value through innovative technology. Before joining Delphix Gary was with Oracle where he was focused on database and information security solutions and was responsible for delivering major projects around the world.
Edosa is currently the Head of Data services at AXA insurance - the world's second-largest financial services company by revenue. In his current role, he is: driving a significant people, data and cloud transformation; and ultimately accountable for data vision, strategy, architecture, artificial intelligence, engineering, science, digital, eCommerce, governance and operations. Prior to AXA, he had the privilege of helping over 20 household multinational organisations get tangible value through data, including: leading a multinational data programme for mitigating the risk of future global, financial systemic, failure; and helping to establish the largest globally available, digital, hazardous chemical, information platform. Edosa is the mind behind the radical #SpeedInjectionModel and #ConnectingSilos innovations which have helped deliver business, data and artificial intelligence (AI) accelerations of up to 95%. He is passionate about promoting diversity; a keen advocate for its associated benefits; and has been named a Financial Times Top 100 Most Influential BAME Leader.
Neeraj is a senior technologist with more than a decade of experience in technology and more than 13 years in the finance industry. He has worked as a project manager and business analyst at multiple investment banks. His work in the recent years has focused on the FRTB regulation implementation at Barclays, Lloyds and UBS, as an independent consultant. Prior to that he has worked on multiple projects in Market and Credit risk. In the past he has worked extensively on equities derivatives trading and risk management applications. Neeraj holds a Masters in Finance from London Business School and Bachelor of Technology degree from Indian Institute of Technology Kharagpur.
The Fundamental Review of the Trading Book, which has to be implemented by January 2022, requires significant upgrading of trading and risk systems and key challenge is data for testing Murex and other platforms. Join the seminar to understand how firms are meeting this challenge, and how they can create multiple, agile, repeatable and secure data environments that can be deployed instantly to test their trading algorithms.
Speaker: Adolfo Montoro, Director Global Market Risk Analytics - Bank of America in conversation with Matthew Crabbe, CEO - QA Media
Speaker: Gary Hallam, Director Global Enablement - Delphix
Delphix will explain how standard, repeatable data sets for FRTB testing can be created for instantaneous and secure access. Using masking and synthesisation technologies, firms can create standardised, consistent, CVAs for testing, replacing what would have been terabytes of data with just a few megabytes that can be accessed instantaneously, and synchronised with other databases to create on-demand test management. Using real-world examples Delphix will explain how sensitive data on counterparties, market positions and personal information can be anonymised for compliance and optimised for test virtualisation in the cloud.
This panel discussion will involve all seminar participants, but will be led by our panel of expert speakers, including:
Moderator: Gary Hallam, Director Global Enablement - Delphix
Adolfo Montoro, Director Global Market Risk Analytics - Bank of America
Edosa Odaro, Head of Data Services - AXA
Neeraj Kumar, former Project Manager Market Risk and FRTB - Leading Investment Bank
Delphix explain how standard, repeatable data sets for FRTB testing can be created for instantaneous and secure access.