Do Traders and Risk Managers Speak the Same Language?
15 years afterwards, we will show that a quantum leap has been achieved by the market in the development of a common infrastructure between the risk takers and the risk managers.
The devil is however in the details and we illustrate the great achievements and also the subtleties by showcasing the MARS set of tools and highlighting where front office and risk management are now putting their efforts.
Discussion topics:
• Regulatory landscape: traders’ and risk managers’ views on capital
• Risk numbers in New York, Frankfurt and Basel – Various flavours of the same rules
• How MARS platform provides a unified environment for Front Office risk management, Market risk and XVA calculations
• What are the risk numbers traders discuss daily with their risk managers?
• Data granularity and availability
• Value-at-Risk and Scenarios: old paradigms and new routes
Speakers
Joe McHale
Head of Government & Regulatory Affairs
Bloomberg
Joe McHale is Head of Government and Regulatory Affairs at Bloomberg in London where he is responsible for analysing and responding to global financial services reforms impacting Bloomberg and its clients. Joe previously worked for Deutsche Bank and headed the capital markets team in its Regulatory Affairs Department where he led on implementation of MiFID 2 and other key regulatory changes. Prior to Deutsche Bank, Joe was working in Brussels for a number of years; first as a regulatory consultant for clients on EU legislation and then as a policy expert at the European Banking Federation where he advocated on EU financial markets legislation adopted in the wake of the financial crisis.
Francois Potier
Risk Solutions EMEA
Bloomberg
Francois is in Risk Solutions Sales at Bloomberg in London where he is responsible for a portfolio of European clients responding to their needs and requirements in terms of risk systems. Before joining Bloomberg, Francois created an asset management company in Paris and Luxembourg which he managed for a few years. He previously worked at Société Générale in Investment Banking where he was in charge of a global portfolio of FIG and hedge fund clients. Prior to Société Générale, Francois was working at UBS where he headed corporate derivatives and equity capital markets teams in London for a number of years.
Giuseppe Scirica
EMEA product manager for Market Risk and SIMM
Bloomberg
Giuseppe is a Senior Risk professional with nearly 20-year experience in Finance and Risk Management. Currently, Giuseppe is EMEA product manager for Market Risk and SIMM at Bloomberg LP, prior to this he was Heading the EMEA Risk Specialist team looking after MARS risk solutions encompassing front office, Market, Credit and Counterparty Risk. Prior to Bloomberg Giuseppe was Head of Southern Europe Risk consulting team at MSCI. Giuseppe has extensive knowledge in Enterprise Risk Management, including derivative pricing, VaR methodologies as well as advance stress testing. In addition, Giuseppe has extensive experience in both Buy side and sell side regulation and its implementation. Giuseppe received a BBA in Finance and Investments from Baruch College (CUNY) in New York and an MBA in Finance and Banking from SDA Bocconi School of Management in Milan.