SCI's 8th ANNUAL
PRICING, TRADING & RISK SEMINAR

7 October 2015, New York

Venue: 3rd Floor, Bank of America, 250 Vesey Street (formerly Four World Financial Center), New York, NY 10007

INTRODUCTION
SCI's 8th Annual US conference is an invaluable chance to get updates on the latest regulatory news and the implications for your business. You can also get great insights into valuations and IPV and immediately put ideas to work. This year we'll also look at the private label RMBS market and discuss the opportunity for re-growth of that always in-demand asset class. Plus much more - see below for a full agenda, and an idea of delegates that will attend.


DELEGATES WHO ATTENDED PREVIOUSLY REMARKED:

I thought the first two sessions of the day were valuable. The second one's moderator was prepared and the structure of the panel was very organized and yielded much benefit to the audience.
-    Regulator

I liked the set-up with a good number of small breaks to network.
-    IPV, Investment Bank

I thought the format of the day worked with short breaks between sessions. And I thought the range of topics worked too.
-    Family Office

I thought it was a well-focused event
-    Securities Broker


THIS EVENT IS KINDLY SPONSORED BY

 

 

 

 
 

                 


 

 

REGISTRATION DETAILS

Delegate registration is $250

CLICK HERE TO REGISTER

Click here to view last year's delegate list.

 

AGENDA

9:00 KEYNOTE SPEECH

Chris DiAngelo - Katten, Muchin Rosenman:

"The impact of the Dodd Frank Act on the US Securitization Market"
As well as speaking on the effects of the Dodd-Frank Act on the US Securitisation Market, Chris will also talk about the current state of mortgage Finance, the emerging Marketplace Lending Asset Class, Liquidity and Risk Retention.

Get Chris' slide deck


9:20 REGULATORY UPDATE: CONSEQUENCES FOR INVESTMENT, TRADING & ISSUANCE

How is the US structured finance market coping with the implementation of new regulations from an investment, trading and issuance standpoint?
- How is regulation shaping the new-issue market?
- How are regulations affecting investor appetite and trading strategies?
- What are the main issues still to be ironed out? Are institutions ready to comply?
- Risk Retention, the REG AB II Rule (offering, disclosure and reporting requirements), market reaction to Volker rule implementation, US consequences of Basel III

Moderator:
Deborah Festa, Milbank
Panel:
Robert Hynes, FHFA
Mario Verna, Guggenheim
Dan Sullivan, PWC
Rich Michalek, RJM


BREAK


10:40 TRADER ROUNDTABLE

- Pricing issues; liquidity issues; pricing sources; transparency of data.
- Intended/unintended regulatory consequences
- Trace/FINRA bond reporting. Reporting times shortened from 45 minutes to 15 minutes as of   December. What impact on liquidity?
- Block trades and FINRA - solutions?

Moderator:
Jennifer Press, Duff & Phelps
Panel:
Antonio Blasetti, Brean Capital
Miguel Vazquez, GK Baum
Chris Moses,
Janney Montgomery Scott
Vivek Baliga, KGS Alpha

BREAK


11:45: INVESTOR PANEL

How risk retention rules are impacting investment strategies.
Where does value currently lie?
Risk appetite? Movement across the capital structure?
New generation products vs more traditional SF (e.g. Fannie Mae CAS/Freddie Mac STACR, Single-family rental deals, Market-place lending.)

Moderator:
John Uhlein, Grenadier Capital
Panel:
Brad Golding, CRC
Stuart Lippman, Tiedemann
Jeff Herlyn, Tetragon
Sameer Tikoo, Partner Re


12.40 LUNCH

1.30 TWO STREAMS:

Main Hall: Breakout:
THE EVOLUTION OF THE IPV DESK
How regulations are impacting IPV practices
Trader/IPV relationships
Pricing sources, transparency and challenges
US similarities and disparities to Prudent Valuations                                 
WORKSHOP: CLO VALUATION & ANALYSIS IN THE CURRENT ENVIRONMENT
An in-depth look at CLO evaluations and recent market developments 

Moderator:
Victor Shinsky, Bank of America
Panel:
Willie Pest, PWC
Brian Sciacca, RBS
Keldon Drudge, Prism Valuation
Don Ojo, Thomson Reuters

Hosted by:
Bank of America Merrill Lynch PriceServe



2:20: REGULATIONS: PRICING & VALUATIONS

Unintended/unexpected consequences of new regulation on pricing
How are regulations creating relative value opportunities for investors? (E.g. Volker Rule leading to bank sell-off of certain CLOs)
Liquid versus illiquid securities - where do the pricing challenges lie
Data sources - do we need more? Do we have too many?

Moderator:
Melissa Brady, McGladrey
Panel:
Ajit Gupta, PriceServe
Matt Lewis, New Oak
Rick Fingeret, Ernst & Young
Cindy Ma, Houlihan Lokey
Matt Rose, Thomson Reuters


BREAK


3:40: THE PRIVATE-LABEL RMBS MARKET

Risk retention and consequences for the private label market
Impact of foreclosure timelines on RMBS valuations
Post QM/ATR rule implementation - is it just not viable or cost effective to issue?
Pricing implications for QM vs non-QM products...Relative value?
Issuance prospects? Where does the market go from here?

Moderator:
John Uhlein, Grenadier Capital
Panel:
Corina Gonzalez, DBRS
Vincent Varca, FTI Consulting
Jack Kahan, Kroll Bond Ratings
Kevin Dwyer, Morningstar


------4.30 CLOSE-------

** NEW FEATURES FOR 2016**
Throughout the event delegates can also benefit from:

"ASK THE EXPERTS"

Working groups hosted by domain experts to discuss delegates' questions in an informal setting in groups of 10 throughout the breaks.

WORKSHOPS
Pricing & Valuation techniques of illiquid assets such as CLOs

A sample of delegates registered to attend:
 
Name Company Job Title
Nicholas Perez Arrowpoint Partners Analyst
Frank Dos Santos S&P Capital IQ VP
Radina Arnaudova EY Senior Analyst
Pratik Mhatre HSBC senior analyst
Yi Fan Nomura VP
Ashley Turner Wellington Management Pricing Analyst
Will Li Nomura VP
Sameer Tikoo Partnerre Asset Management Portfolio Manager/Trader
Christopher Kennedy MountainView IPS Managing Director
David Scalzetti Interactive Data Senior Regulations Director
Artur Oganezov Duff & Phelps LLC Director
Adam Rivkin INTL FCStone Product Strategy Group
Eileen Blaha INTL FCStone Product Strategy Group
Grace Chen Standard Chartered Bank Director
Vaibhav Bhargava Barclays Market Risk Manager
Thomas Vinciguerra Och-Ziff Capital Management Valuation Controller
Maria Ivanova Deutsche Bank Valuation Specialist RMBS
Sarah Dunn Deutsche Bank AVP
Lawrence Sage Cornwall Capital Management LP Valuation & Risk
Steven Snyder Windham Associates Managing Director
Andrew Hayes Moore Capital Management Pricing Manager
Jackson Chow Morgan Stanley Executive Director
Craig Hertwig JP Morgan Vice President
Kevin O'Connell JP Morgan Chase Associate
Amit Arora HSBC Sec Inc Vice President Valuation Control
Ethan Baer JP Morgan Associate
Nick Gurevich BAML VP
Kyu Chay Federal Reserve Bank of NY Analyst
Jason Brand JP Morgan Vice President
Cecilia Li Credit Suisse AVP
Adrian Radulescu Barclays Head US CLO Structuring
Manavinder Bains PeerIQ General Counsel & Chief Regulatory Officer
Ajit Gupta MERRILL LYNCH DIRECTOR
David (Jung Wook) Lee Bank of America Merrill Lynch Analyst
Nailya Mursalov Thomson Reuters Evaluator
Matt Rose Thomson Reuters Manager of CLO and Bank Loan Pricing
Lisa Marks Thomson Reuters Head of Securitized Products Production
June Wang Bank of America Director
Don Ojo Thomson Reuters Valuation Services Mgr., MBS & Agency CMO
Gowtham Rengaraj Societe generale Quantitative Analyst - Credit Markets
Andrew Wernick Thomson Reuters Manager
Andrew Wernick Thomson Reuters Manager
Lauren Parisi Och Ziff Capital Valuation Control
Prakhar Vaish JPM NA
Henry Brigham Deutsche Bank Assistant Vice President
Carl Tichler SS&C Technologies Director, Valuations
Deep Shah Societe Generale Valuation
Christina Hu SS&C GlobeOp Manager
Steven Thomas SS&C Analyst
Ekaterina Yaremko Northern Trust Hedge Fund Services Product Controller
Robert Ismailov Nothern Trust Vice President
Jeffrey Chudy AIG Manager
Hui Li AIG Senior Quantitative Analyst
Chelsea Yang AIG Senior Analyst
Paul Wolpe OneWest MD
Edwin Tsui LMCG Investments Portfolio Manager
Guillaume Horel LMCG Investments Portfolio Manager
Yanne Deng Bank of America Merrill Lynch VP
Tomohiro Yoshikawa Nomura Executive Director
Carlos Maldonado Trepp LLC Pricing Manager
Joseph Servi Bank of America Merrill Lynch Associate
Mario Felipe Campuzano Ochoa BroadSouth Investment Management, LLC Principal
Gregory Marposon GE Capital Treasury Risk Management
Philip Friedman Philip Friedman manager
Matt Lewis NewOak MD
Peter Chan Varadero Capital CFO
Edward Grebeck Tempus Advisors Chief executive officer
John Zerbee TIG ADVISORS Analyst
Mike Antonicelli PwC Director
Gregory Eisman KPMG LLP Senior Associate
Raj Aidasani KPMG LLP Director
Tony Zumbo Ernst & Young LLP Principal
Paul Trenti Black Diamond Capital Structured Products Specialist

back to top