• 08/07/2020 - Future of Finance 1 Comment
    COMPLACENCY ABOUT PRIME BROKER RISK COULD KILL HEDGE FUNDS
    SEE SUMMARY OF MEETING IN CONTENTS PAGE


    A FUTURE OF FINANCE WEBINAR WITH PRIME BROKERS AND HEDGE FUND MANAGERS 


    29 June 2020 2.00-3.00 pm UK time


    The equity divisions of the banks gained from the early stages of the Covid-19 pandemic, as market volatility increased transaction flows and trading opportunities. But hedge fund managers cannot count on the crisis continuing to be kind to their most important counterparties. The longer-term impact of the decline in activity in real economies will not be uniform either. The early evidence suggests banks with exposure to industrial and commercial companies and consumers will be hit harder than the stand-alone investment banks. Although the extraordinary turn in fiscal and monetary policies reduces the risk of full-blown financial crisis, the consequences of the pandemic are bound to damage the capital strength of banks. This Future of Finance panel asks what hedge fund managers should do to manage the risk.

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  • 08/07/2020 - Future of Finance 10 Comments
    CENTRAL BANK DIGITAL CURRENCIES

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    A FUTURE OF FINANCE WEBINAR WITH CENTRAL BANKERS, BLOCKCHAIN NETWORKS AND BANKS


    Tuesday 7 July 2020 2.00-3.00 pm UK time


    One in four people now live in a jurisdiction where the central bank is exploring whether to issue a Central Bank Digital Currency (CBDC), and one in ten of those central banks plans to issue a general purpose CBDC soon. Central banks have many different motivations and objectives, but CBDCs have the power to change everything in financial markets: monetary policy, how payments are made and how securities are traded, cleared and settled. As a Future of Finance event, this panel will marry the experience of the incumbents with the energy of the entrepreneurs to plot a future which transforms the productivity and profitability of financial services.

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  • 21/06/2020 - Future of Finance 0 Comments
    BUILDING A DIGITAL FINANCIAL SERVICES BUSINESS: DON’T IGNORE THE HUMAN FACTOR

    A FUTURE OF FINANCE WEBINAR IN COLLABORATION WITH FINTECH WALES BRINGING TOGETHER EMPLOYERS, EMPLOYEES, RECRUITERS AND EXPERTS IN CORPORATE CULTURE


    16th July 2020 14:30-15.30 UK time


    The biggest obstacle to digitizing a traditional banking or insurance business is not legacy technology. It is legacy culture. It is well known that incumbents have struggled to recruit and retain digital talent. In fact, Glassdoor is replete with stories of how badly they get it wrong. Yet their existing workforces are more fearful than antipathetic. If they are to compete successfully with new entrants, established financial services businesses have to transcend legacy cultures in ways that enable them not only to attract new talent but bring their existing employees with them. At this Future of Finance webinar, hosted in conjunction with FinTech Wales, businesses which have made the transition successfully will share their knowledge and experience with experts in digitization, recruitment, education and corporate culture.

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  • 20/06/2020 - Future of Finance 2 Comments
    FROM OPEN BANKING TO OPEN FINANCE

    A FUTURE OF FINANCE WEBINAR WITH BANKERS, ASSET MANAGERS, WEALTH MANAGERS, INSURERS AND FINTECHS


    Monday 27 July 2020 2.00-3.00 pm UK time


    No country in Europe has taken the possibilities of the Open Banking revolution more seriously than the United Kingdom. The Financial Conduct Authority (FCA), excited by the opportunity to improve services for retail consumers and SMEs through competition-led innovation, has approved 231 firms as Open Banking service providers. Impressed by the surge of innovative FinTechs developing novel services, the FCA is extending the experiment to savings, mortgages and insurance. That means the impact of competition and innovation will be felt throughout the industry, creating new threats for incumbents and new opportunities for firms prepared to change. At this Future of Finance event, panellists will ask what sorts of firm can cut costs and improve for consumers and SMEs while increasing profits for themselves.

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  • 18/06/2020 - Future of Finance 4 Comments
    FUND ACCOUNTING MIGHT NOT BE SAFE FROM TECHNOLOGICAL DISRUPTION

    A FUTURE OF FINANCE WEBINAR WITH FUND ADMINISTRATORS, FUND MANAGERS AND TECHNOLOGY VENDORS

    Wednesday 29 July 2020 2.00-3.00 pm UK time


    Fund accounting is no longer safe from technological disruption. Even if the net asset value (NAV) calculation methodology is invulnerable to modification by technology, the process by which NAVs are manufactured is open to change. Instead of NAVs being calculated once day, arbitrageurs might use the instant availability of stock prices to force fund accountants to produce them in real-time. Current data intermediaries will find their franchises threatened. Even if securities are not replaced by digital tokens, digitisation might mean whole new classes of asset can no longer be marked-to-model. As at any Future of Finance event, this webinar brings together fund accountants and would-be disruptors to explore whether there is a better way to value funds that can increase the size and profitability of the industry.

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  • 11/05/2020 - Dominic Hobson 0 Comments
    Settlement and Custody of Digital Assets

    An Account of the Discussion at the Walbrook Club on 4 March 2020

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  • 11/05/2020 - Future of Finance 2 Comments
    MAPPING THE DIGITAL PAYMENTS REVOLUTION

    SEE SUMMARY OF MEETING IN CONTENTS PAGE

    A FUTURE OF FINANCE WEBINAR WITH PAYMENTS INDUSTRY LEADERS


    Monday 8th June 2020 2.00pm - 3.00pm UK time


    The old world of payments is dying, but the new world payments is struggling to be born. Around the world, the symptoms of an industry undergoing change are evident in growing pressure for instantaneous payment, rising competition from non-bank Fintechs, the shifting investment priorities of established market infrastructures, the growing interest of central banks in digital currencies and the appetite of traditional banks for data-driven overlay services. As with every Future of Finance panel, our panellists will explore how the old world and the new can work together to cut costs, drive innovation and increase growth and prosperity for everybody.

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