4 March 2015 to 5 March 2015
Copenhagen

SWIFT Nordics Regional Conference - Copenhagen 2015

Agenda

Wednesday 4 March 2015

09:00 – 10:00

Registration, welcome coffee and Solutions Zone open

10:00 – 10:15

Welcome

  • Erica Åhman, Head of SWIFT Nordics, SWIFT
  • K.B. Larsen, Chief Expert, Clearing, FX/MM & Derivative Operations, Nordea

10:15 – 10:45

Keynote speech

  • Glenn Söderholm, Member of the Executive Board and Head of Corporates & Institutions, Danske Bank

10:45 – 11:30

Panel discussion: Disruptive forces – harnessing the power of change

The financial industry is being impacted by a wide range of disruptive forces. At a time of rising geopolitical uncertainty, how are regulations reshaping the global financial landscape? What impact is the growing cyber threat having on the way businesses are managed and new business strategies are created? How are financial institutions managing their response to financial crime? What do the digitisation of money and financial services mean for the industry? How can market participants embrace new standards and new technologies to unleash growth and beat new competitors? How is consumer behaviour changing and how much of this is driven by new entrants to the world of financial services? Finally, what are the ingredients for success in this climate of constant change?

  • Michael Carty, CIO, Euroclear Nordics 
  • Idar Kreutzer, Managing Director, Finance Norway 
  • Glenn Söderholm, Member of the Executive Board and Head of Corporates & Institutions, Danske Bank
  • Alain Raes, Chief Executive, EMEA and Asia Pacific, SWIFT
  • Chris Skinner, Chair, The Financial Services Club (moderator)

11:30 – 12:00

Coffee break

12:00 – 12:30

Cyber-security in the financial industry

Listen to a recent BBC Radio interview with Professor Benham here.

  • Richard Benham, Professor of Cyber Security Management and founder of the National MBA in Cyber Security®, Coventry University

12:30 – 13:15

SWIFT update

  • Javier Pérez-Tasso, Chief Marketing Officer, SWIFT
  • Alain Raes, Chief Executive EMEA and Asia Pacific, SWIFT

13:15 – 14:30

Lunch and Solutions Zone open

14:30 – 15:30

Chat rooms

15:30 – 16:00

Coffee break and Solutions Zone open

16:00 – 17:30

Securities stream

The evolution of the European and Nordic securites landscape

The European and Nordic securities landscape is continuously changing. With adaptions to the new platform from Euroclear, T2S around the corner and regulations getting more and more stringent over time, how are market players managing to keep up with the pace of change? What are the expected benefits of the changes? And what are the pitfalls? Who are likely to come out as winners? And who will be the losers? Why?

  • Kerstin Hermansson, CEO, Swedish Securities Dealers Association
  • Marcus Hjorth, Head of Legal & Public Affairs, Euroclear
  • Soren Rask Nymark, Strategy Director, VP SECURITIES
  • Christine Strandberg, Product Manager, Transaction Banking, SEB
  • Isabelle Olivier, Head of Clearing & Settlement, EMEA, SWIFT (moderator)

Payments stream session

Regulation and mandatory changes in the payments space – what are the real game changers?

In this session we will be exploring the wide range of important mandatory and regulatory changes that the European payments industry is experiencing. With the first SEPA end date now well behind us and the requirement for non-Euro countries to be SEPA compliant by 2016 we will be looking both at how SEPA is performing in the Eurozone and how are the non-Euro countries in the Nordics preparing for this major change. Have payments in the Eurozone been improved by SEPA and what are the benefits of SEPA and ISO 20022? What are the real opportunities of European payments integration and what are the priorities of the regulators when developing new payments regulation? We will also look at the current state of play on PSD II and discuss how it is likely to impact both payment service providers and consumers. What are the challenges, where are the opportunities and is third-party access to accounts likely to be a game changer?

  • Jorge B. Jensen, Head of Section Finance, Department of Consumer Advocacy, Norwegian Consumer Council (Forbrukerradet) 
  • Kristine Nilsson, SEPA & EU Payment Regulation Coordinator, Swedbank
  • Carsten Thaarup, Senior Industry Expert, Nordea
  • Erkki Poutiainen, Senior Vice President, Public Affairs, Nordea (moderator)

19:00

Off-site dinner

Thursday 5 March 2015

08:00– 08:45

Registration, welcome coffee and Solutions Zone open

08:45 – 09:30

Innovation / motivational keynote

  • Jonas Kjellberg, one of the creators of SKYPE and a much appreciated lecturer at Stanford and the Stockholm School of Economics

09:30 – 10:30

Innotribe plenary: Beyond Bitcoin

Bitcoin was invented by Satoshi Nakamoto in 2009, as a distributed mechanism for value exchange. During the past 2 years, this technology has been hitting the headlines, for good and bad reasons, and has become an accepted unit of monetary transfer for many goods and services. Whether you believe in Bitcoin as a store of value or not, there is a huge potential for disruption within the Financial Services industry enabled by the underlying technology the Block Chain.

Join us for an interactive debate, to learn what Bitcoin is all about, where we are on the bitcoin journey, and to take a look at what the underlying technology could enable in the very near future.

  • Gabrielle Patrick, Co-founder, Epiphyte 
  • Chris Skinner, Chair, The Financial Services Club
  • Lui Smyth, UK General Manager, Coinjar
  • Kevin Johnson, Innotribe Startup Challenge Manager, SWIFT (moderator)

10:30 – 11:00

Coffee break and Solutions Zone open

11:00 – 12:30

Securities stream session

Investment Funds - what's next ?

With an overwhelming number of internationally and domestically driven regulatory initiatives putting margins under pressure, our industry has made a concerted effort to reduce costs by increasing operational efficiency and automation. How has automation progressed in the past years, but more importantly how will automation further evolve within the Funds industry and what will be the drivers going forward? Are we to see differences between countries (e.g. Nordics vs Luxembourg)? What will be the next big thing from an automation perspective?

  • Lotta Alexandersson, Head of Bank Operations, Nordnet Bank
  • Svein Carlsson, Consultant and former Chief Operatof Officer at Odin
  • Oliver Lagerstrom, CEO, MFEX
  • Olivier Lens, Head of Funds & Investment Management EMEA, SWIFT
  • Jan Vandendriessche, Head of Fund Platforms, VP LUX
  • Christer Tour, Business Development Manager Funds, SWIFT

Payments stream session

Next stop: Real-time payments

In its second meeting, on 1 December 2014, the Euro Retail Payments Board (ERPB), a multi-stakeholder group chaired by the European Central Bank (ECB), decided to step up work on the topics of instant payments in euro, and person-to-person mobile payments and contactless payments. Instant payments with immediate availability of funds, said the ERPB, are the industry’s next frontier. The aim is to take advantage of integration already achieved with SEPA and avoid the development of a fragmented market in Europe. In this session we will be looking at the status of real-time payments globally. What are the drivers to implement real-time payments and for what purpose? What are the different options for a real-time payments environment and what are the pros and cons of the different models? What can we expect from the regulators? This session will offer you a good overview and understanding of real-time payments and the developments that are underway in this area.

  • Henrik Bergman, Senior Manager, WCM Market Infrastructure, SEB 
  • Stig Korsgaard, Engagement Director Nets
  • Dag-Inge Flatraaker, General Manager DNB Bank & Co-Chairman of the Cards and Mobile contactless proximity payments Working Group at the Euro Retail Payments Board (ERPB)
  • Elie Lasker, Senior Market Manager, SWIFT
  • Robert Widmark, Senior Account Director, SWIFT (moderator)

12:30 – 14:00

Lunch

14:00 – 15:30

Securities stream sessions

Making ISO 20022 work

ISO 20022 is emerging as the default choice of messaging standard for MIs around the world: payments and securities, international and domestic. In the European securities market, T2S is poised to make ISO 20022 ubiquitous. And T2 moving to ISO 20022 in 2017 will mean that the full end-to-end settlement process, securities and cash, will use the same standard. The emerging challenge for the industry is to ensure that the benefits of the standard - interoperability and cost and risk reduction - are not diluted by fragmentation; that the standard is implemented as much as possible in the same way everywhere. SWIFT Standards is working on this problem, but we will of course need the cooperation of the community, and invite dialogue.

  • Stephen Lindsay, Head of Standards, SWIFT

Reaping the value of SWIFT for market infrastructures and their communities

Market changes such as T2S, new European legislation  and pressure on liquidity and collateral force securities market infrastructures in general  and European CSDs in Europe in particular  to evolve the way they operate with their customer communities.   How will these changes be implemented?  What is the importance of ISO 20022 in this context?  What level of harmonisation would be necessary? What role is SWIFT playing to support those CSDs and their communities to evolve their business model?  What is the proposed approach for the Nordic markets?

  • Knut Haugan, Head of Settlement & Corporate Actions, Securities Services, DNB
  • Kjell-Ivar Moe, Head of Customer Relations New Core System, VPS
  • Isabelle Olivier, Head of Clearing & Settlement, EMEA, SWIFT
  • Bjorn Stendorph Crepaz, Head of Issuance and Safekeeping, CSD Services, VP SECURITIES
  • Marianne Sorensen, Head of Securities Operations, Nordea
  • Juliette Kennel, Head of Market Infrastructures, SWIFT (moderator)

Payments stream

Trends in corporate to bank relationships

With constant changes in regulation, technology, operational models and consumer behaviour, the requirements of multi-banked corporates are ever evolving. Amongst the many requirements of corporates are more flexibility, security, real-time processing and international services. They want the transactions they conduct in their professional lives to be as speedy and convenient as those they conduct as consumers and are always on the lookout for new innovative offers, such as mobile.  What can corporates and banks do to address connectivity and on-boarding challenges whilst protecting existing investments and respecting regulatory requirements? Are new industry solutions emerging? How is the competitive landscape evolving? Are new entrants posing any serious threats to banks? And what do we expect the role of the financial institution to be in the future?

  • Jörgen Holmgren, Director Corporate Finance, Volvo
  • Petri Karjalainen, Vice President, OpusCapita Ventures
  • Urban Ljungholm, Vice President, Industry & Public Affairs, Trade Finance, Nordea
  • Jesper Nielsen, Executive Vice President and Head of Business Development, Danske Bank
  • Soren Haugaard, SVP, Global Head of Trade & Supply Chain Finance, Danske Bank (moderator)

15:30 – 16:00

Closing plenary

  • Soren Haugaard, SVP, Blobal Head of Trade & Supply Chain Finance, Danske Bank 
  • Marianne Sorensen, Head of Securities Operations, Nordea
  • Arun Aggarwal, Head of UK, Ireland and Nordics, EMEA, SWIFT