Banking and Asset Management Club 2018-2019 Program
What s coming up?
18 September 2018 Cyber Crisis Management 16 October 2018 Sustainable Finance 7 November 2018 Core Banking in the Cloud 20 November 2018 Global Wealth Management Survey Results 18 December 2018 Evolution of the Banking Union Regulation 14 January 2019 Operational Efficiency Successful implementation, and building a continuous improvement culture 22 January 2019 Intelligent Automation & Blockchain 11 February 2019 GDPR - Nearly One Year Later Lesson learned and current challenges 26 February 2019 PSD2 and Regulatory Technical Standards A big step towards open banking 7 March 2019 Women in Banking and Asset Management 25 April 2019 IT Health Check 6 May 2019 Crypto Assets and Fintech 23 May 2019 UCITS Update 18 June 2019 Summer Party
Your EY subject matter professionals Olivier Maréchal Partner, Financial Services Advisory Leader, GDPR Leader olivier.marechal@lu.ey.com Denis Costermans Associate Partner, MiFID Leader/ Strategy, Customer Experience and Operations denis.costermans@lu.ey.com Rafael Aguilera Principal, EMEIA Wealth and Asset Management Product, Strategy and Distribution Leader rafael.aguilera@lu.ey.com Bernhard Bittner Associate Partner, EMEIA Regulatory Reporting Service Leader bernhard.bittner@lu.ey.com Patrice Fritsch Principal, EMEIA Customer Tax Reporting and Payment Services Leader patrice.fritsch@lu.ey.com Thomas Koch Associate Partner, Cybersecurity, Digital Forensics & Incident Response Leader thomas.koch@lu.ey.com Vincent Galand Associate Partner, Banking Prudential Regulation and Risk Management Leader vincent.galand@lu.ey.com Pascal Vaucouleur Associate Partner, Private Banking Information Systems, Architecture & Infrastructure Leader pascal.vaucouleur@lu.ey.com
David Cau Director, Sustainable Finance, Climate Change and Sustainability Services david.cau@lu.ey.com Angel Pavlov Senior Manager, Digital and Robotics angel.pavlov@lu.ey.com Ralph Donofrio Senior Manager, Operational Efficiency ralph.donofrio@lu.ey.com Dan Zandona Senior Manager, GDPR, Tax Reporting, and Operations dan.zandona@lu.ey.com Karim Bouaissi Senior Manager, Cloud Computing and IT Security karim.bouaissi@lu.ey.com Vivek Subramanian Senior Manager, Core Banking Platforms & Systems, and Core Banking Transformation vivek.subramanian@lu.ey.com
Agenda Why wait for a cyber catastrophe to prepare for a cyber attack? Cyber Crisis Management The digital world does not allow any organization to feel comfortable in the area of cybersecurity threats and vulnerabilities. A constant guard is on, and being able to detect and be responsive to the changing environment is essential. With the number of cybercriminal activities being at an all-time high, chances are that also your organization will be hit by a cyberattack at a certain point in time. So what is there to do once you realize that things are not quite right? During this Banking and Asset Management Club event, we will take you through the various steps of effectively answering to a cyberattack. From detection to remediation, we will line out individual responsibilities and actions necessary to contain the damage of cybercriminal activity. 18 September 2018 8:15 a.m. - 11:30 a.m. Why does sustainable investing matter and who will capture its value? Sustainable Finance Sustainable finance has gained momentum as a new asset class with long-term environmental, and economic benefits. What are the key regulatory and market challenges? What is the asset management industry s role in sustainable investment? How will capital markets contribute to a sustainable lowcarbon economy? What is the market and investor demand? What reporting and data is available? 16 October 2018 5:30 p.m. - 9:00 p.m.
How do you stay focused on your core business when you feel like an IT company with a banking license? Core Banking in the Cloud A bank s core business is banking, not IT. IT is an enabler. Therefore, moving applications to the cloud lets banks focus on their core business, banking. Additionally, the greatest demands of each bank in the world today are: complying with regulations, and reducing total cost of ownership (TCO). While banks are challenged to meet these demands, the banks at the same time must keep their stakeholders satisfied and their customers delighted. Your customers are trying to text you something. Are you listening? Global Wealth Management Survey Results Tough times for Private Banking? What are the current trends in asset growth and margins, and what is the outlook for Private Banking? How are wealth management client s expectations evolving? Which products, services, and strategies are being implemented by wealth managers? We will share our EY global survey results with you. 20 November 2018 8:15 a.m. - 11:30 a.m. At this BAM Club event we will present to you, banking in the public cloud, where an emphasis will be placed on the importance of a modern core banking system, a reliable SaaS platform with a majority of IT operations outsourced, and compliance to the CSSF regulations. 7 November 2018 8:15 a.m. - 11:30 a.m.
Agenda Can we uncover opportunities in an era of tight regulation? Evolution of the Banking Union Regulation Our regulatory update aims to inform participants of recent changes in regulation which may impact them. We anticipate addressing several key impacts which will be relevant. Our regulatory discussion will include Basel IV, and CRR II/CRD V. More detailed information will become available as we get closer to the event. Please save the date. 18 December 2018 11:00 a.m. - 2:00 p.m. Operational Efficiency, one path or many? Operational Efficiency- Successful implementation, and building a continuous improvement culture So you have conducted your analysis, and have identified opportunities to deliver efficiency. But, how do you go about implanting the initiatives? Obtaining buy in is critical to the success of the program, as well as a well thought out communication plan. Additionally, beyond the implementation of the initiatives, embedding a continuous improvement mindset and culture is desired. 14 January 2019 8:15 a.m. - 11:30 a.m.
Can Intelligent automation and blockchain streamline and accelerate business processes and reduce risk? Intelligent Automation & Blockchain Many new technologies are disrupting the financial industry, and many new FinTech companies are quickly implementing every new technical solution in order to provide more attractive services. How can your organization be more competitive without taking too much risk from technology implementation? During this Banking and Asset Management Club event, we will discuss questions such as: how efficient can you become by leveraging intelligent automation? and is cost reduction the only motivation for implementation? What are the other benefits to explore? What are the areas where blockchain can be implemented? 22 January 2019 11:00 a.m. - 2:00 p.m. Can you protect the data you don t know you have? GDPR Nearly one Year Later, Lesson learned and current challenges What are the real changes since the entry went into force? DPO status, duties and workload CNPD updates (audit campaign, breach classification, and data retention) What s next? Data management? What are the steps for certification? What are the requirements? 11 February 2019 11:00 a.m. - 2:00 p.m.
Agenda Should PSD2 modernize payments or help shape a new competitive model? PSD2 and Regulatory Technical Standards: a big step towards open banking On January 13 2018, the Second Payment Services Directive (PSD2) came into effect. One of its objectives is to mandate that banks must make it possible for third party companies to access their bank customer s payment accounts (with the customer s consent), to consult them and be able to initiate electronic payments. Are these regulations creating opportunities leading to increased competition, greater innovation and ultimately a better user experience? By opening up the sector and inviting collaboration between FinTechs and banks, will the payment services industry be able to better support different client segments? 26 February 2019 5:30 p.m. - 9:00 p.m. How will your actions speak louder than words? Women in Banking and Asset Management International Women s Day is celebrated on March 8 every year. At EY, our commitment towards gender equality is steadfast and central to our purpose of building a better working world. This International Women s Day, let s all celebrate the progress made, but let s also recognize there is a lot more to do. Please join us for a panel discussion on women in the Banking and Asset Management/Asset Servicing Industry. This event is open to both women and men. 7 March 2019 5:30 p.m. - 9:00 p.m.
Is your IT ready for today s challenges? IT Health Check Is your IT department efficiently and effectively supporting your company goals? Is your data secure? Is your organizational and technical measures contributing to your company s development? Are you compliant with local IT regulations? These are some of the questions that are part of an IT health check. With our standard EY IT health check you will receive a holistic, independent overview of your IT current state. This judicious assessment of your IT will address in particular, compliance with regulatory requirements and sharing your best practices. 25 April 2019 5:30 p.m. - 9:00 p.m. Crypto Assets and Fintech, disruptors or enablers? Crypto Assets and Fintech Is Fintech just a buzzword? or are Fintech firms offering efficiency in fund distribution, fund setup & liquidation, AML/KYC, reconciliation, and data validation? Are crypto assets and blockchain technology offering new opportunities and future perspectives? What are the risks? Can people exchange value without intermediaries? Does this translate to greater control of funds and lower fees? We will discuss these questions at this event. 6 May 2019 5:30 p.m. - 9:00 p.m.
Agenda Will mandatory changes create strategic opportunities? UCITS Update Our UCITS update aims to inform participants of recent changes in regulation which may impact them. We anticipate addressing several key impacts which will be relevant. More detailed information will become available as we get closer to the event. Please save the date. 23 May 2019 5:30 p.m. - 9:00 p.m. Summer Party Come join us on our beautiful roof top terrace for the annual summer party of the BAM Club which concludes this year s program. We will welcome you back in September and announce our BAM Club s program for the 2019/2020 season. 18 June 2019 5:30 p.m. - 9:00 p.m.
Notes
EY Assurance Tax Transactions Advisory About EY EY is a global leader in assurance, tax, transaction and advisory services. The insights and quality services we deliver help build trust and confidence in the capital markets and in economies the world over. We develop outstanding leaders who team to deliver on our promises to all of our stakeholders. In so doing, we play a critical role in building a better working world for our people, for our clients and for our communities. EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. For more information about our organization, please visit ey.com. ED none 2018 Ernst & Young S.A. All Rights Reserved. www.ey.com/luxembourg Contacts Olivier Maréchal Partner, Financial Services Advisory Leader +352 42 124 8948 olivier.marechal@lu.ey.com Rafael Aguilera Principal, Asset Management +352 42 124 8365 rafael.aguilera@lu.ey.com Vincent Galand Associate Partner, Banking Prudential Regulation and Risk Management +352 42 124 8683 vincent.galand@lu.ey.com