June 2010 Industry Forum & Working Groups

The Four Seasons Hotel, Scottsdale, AZ 06 Jun 2010 - 08 Jun 2010

About the Event

The ISITC June 2010 Industry Forum & Working Groups meeting will be held at The Four Seasons Hotel, Scottsdale, AZ from June 6-8, 2010.

 

This Industry Forum will have an educational program and Working Group Meetings throughout the three days.

General Session: Monday, June 7, 2010

The Case for CLS......Reducing FX Settlement Risk
Kristiina Kurki-Suonio, Relationship Manager, CLS-Bank International

CLS is the established market standard for FX settlement within the banking community, and as asset managers move to CLS, they are increasing STP and vastly reducing FX settlement failure. This session will provide an educational refresher on the basics of CLS and a look at the future, answering questions such as: 

- What does CLS do today?

- What are CLS membership criteria and how do firms participate?

- What currencies are covered and what currencies are planned for the future?

- What is the value proposition for Investment Managers?

- What is happening in the FX-related regulatory environment?

SDA? The Debate Continues?.?
Jeffrey T. Zoller, Chair, AMF SDA Working Group

As we discussed and ?debated? at our March 2010 Industry Forum in Boston, our industry continues to seek ways to improve market efficiency and reduce risk. Our panel addressed the potential benefits and challenges of ?Same Day Affirmation? (SDA) as a means to reducing settlement fails and processing costs for US trades.

During the June General Session, we will address questions raised in March and also:

- Discuss the AMF?s SDA Working Group?s initial recommendation on SDA

- Discuss the ?delivery order? process and uncover the truth about how un-affirmed trades really settle!

- Discuss where SDA fits into the ?life of a trade?

We are excited to continue this discussion at the June Industry Forum & Working Group Meeting in Scottsdale, June 6-8.

Achieving Transparency Through Standards: The Road to Global Harmonization or Bulldozing the Playing Field?

Dayle Scher, Research Director, TowerGroup

As the securities and investments industry braces itself for new regulations intended to protect investors and prevent another financial crisis, there is a confluence of standards changes on the more immediate horizon. How financial firms react, prepare and demonstrate their readiness for these initiatives will mean the difference to institutional clients and their agents.

This session will address the following questions:

- What are the standards initiatives that will impact the industry in the coming 1-3 years?

- What does the securities industry need to do to respond to the global proposals?

- How can technology be leveraged by institutions to meet the new requirements, and how can vendors take a leadership role?

Agenda
A final agenda with room assignments is available for download here!

Registration Fees:

ISITC Members - $475
Non-Members - $825

Guest Fee $200*

Registration fees include all meals as well as access to the cocktail receptions on Sunday and Monday night.

*Guest Registration pertains to a spouse, significant other, friend or an adult family member (18 years old or older) and who is not employed in a financial services industry-related occupation. This registration option includes meals and cocktail receptions. Please note that although ISITC encourages our members to bring their families and take advantage of our group rates, we unfortunately cannot accommodate children at any of the meals and cannot accommodate guests at the General Session, Forums or Working Group sessions

Cancellation Policy:

The policy provides a full refund if, the ISITC Administrative Office is notified in writing 5 (five) working business days prior to the meeting.  NO REFUND will be given for cancellations that occur on or after the 5th (fifth) day before the meeting.  If a paid attendee is unable to attend, they may send a replacement, fees will not be returned.  ISITC is unable to transfer payment to a future event. To cancel your registration, please e-mail usainfo@isitc.org OR fax back your confirmation notice with your explanation to cancel to (908) 359-7619. 

*Please note that you must cancel your hotel reservations with ProTravel. If you would like to cancel both your registration and hotel reservation, email usainfo@isitc.org.

Hotel Reservations

Please make your hotel reservations by using the on-line registration form.  All hotel reservations are routed to Protravel and must be received by Tuesday, April 27, 2010. After that date, rooms will only be available on a best efforts basis, with no guarantee of the discounted rate.  The Group Discount Rate is: $209.
 

IMPORTANT: All changes MUST come through Marina Filloramo of Protravel before Thursday June 03 at 5PM Eastern Time. After that time you must call the hotel direct to make any necessary changes. Because this is a group booking, you will not receive a confirmation number. Simply advise the hotel your name and the ISITC name.

Hotel Cancellation Policy:

The Four Seasons Scottsdale has a 72 hour cancel policy. Failure to cancel in a timely fashion will result in a one night charge of room and tax. Your room has been guaranteed to your credit card. If you wish to have your company prepay your hotel stay, you must contact the hotel credit department at least two weeks prior to arrival to make those arrangements.

Please note if you do not receive a letter of confirmation from ProTravel at least 10 days prior to arrival that you should contact usainfo@isitc.org to be certain that your hotel request was received.

Hotel Information:

Four Seasons Hotel, Scottsdale
10600 East Crescent Moon Drive
Scottsdale, AZ 85262