iRTM participated as an exhibit sponsor at Risk EMEA 2016 that took place in London, United Kingdom on 24 and 25 May, 2016. Risk EMEA 2016, sponsored by Center for Financial Professionals, is EMEA's premier Risk & Regulation Summit.
A session titled ‘The intersection between compliance risk management and blockchain' delivered by Sophia Bantanidis - EMEA Head of Regulatory & Market Strategy, Citi Bank provided an overview on how Block Chain Technology can be put to use to reduce friction, improve speed, improve transparency and improve security for various use cases in banking. There was an interesting panel discussion on Macro Economic Drivers which featured Graeme Wolvaardt - Europe Arab Bank and Brandon Davies - Obillex Limited, Former Barclays. They shared their views on various types of macroeconomic models and the complexities involved in developing them.
iRTM was represented at the event by Chetan Kamat - Head of European Sales and Business Development, iRTM and Timothy Donnelly - Business Development Manager, iRTM. Timothy Donnelly addressed on the topic ‘Building Liquidity Risk Solutions beyond Regulatory Reporting'. He shared his insights on Real-time HQLA Generation and introduced iRTM’s OneLRM solution offering to the audience. He provided an overview of the design principles which need to be followed while building liquidity risk frameworks and as to how Stressed HQLA and LCR Framework can be used to integrate liquidity risk into stress testing. He also emphasized on the need for a holistic approach to manage liquidity risk.
iRTM displayed an exhibit stall at the conference where OneLRM solution was showcased to visitors. Sahil Ghuman - Capital Markets Business Development, Genpact UK; Tim Emrys-Roberts - Head of Financial Risk, Atom Bank and Otto Huber - Global Head of Liquidity Risk, Credit Suisse were some of the prominent attendees who visited Intellect's stall and had meaningful discussions with iRTM representatives. Networking at the conference provided a lot of insights about EMEA-specific risk and regulatory landscape like how many Portuguese/ Greek/ Spanish banks still lag in NSFR/LCR compliance, difficulties faced by Malta-based banks in adhering to LCR guidelines and the importance of incorporating Internal Stress Metrics (ISM).
The summit brought together over 150 CROs, Heads of Departments and Senior Risk Professionals within FRTB, Risk & Regulation, Liquidity Risk and Capital Management domains. It featured decision makers, professionals and leading experts in the risk management space from top financial institutions all over the globe. In a nutshell, Risk EMEA 2016 provided a good platform to advertise iRTM’s OneLRM solution to a diverse line up of CROs from a wide range of leading financial institutions across the EMEA region.