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Over the years, regulators have tried to manage liquidity risk by issuing guidelines and recommendations. These guidelines were qualitative in nature and a lot was left to firm's discretion. As the regulatory bodies are all set to revamp the financial regulatory structure, liquidity risk is one area which is gathering a lot of attention. In aftermath of the current crisis, FSA has laid down a new set of rules for Liquidity Risk Management.
While Basel Committee on Banking Supervision has issued principles and guidelines for Liquidity Risk Management, FSA has completely overhauled its Liquidity Framework which was finalized & presented on the 9th of Oct 2009. The far-reaching overhaul, designed to enhance firm's liquidity risk management practices, is based on the lessons learned since the start of the credit crisis in 2007.
Aleri, a leading software company with unique CEP technology, joins with Headstrong, the security industry's leading IT services firm to review the Liquidity reporting requirements of FSA and the unique IT and business challenges it poses to financial services industry. This webinar will discuss the following:
- Market trends and challenges for market participants - European banks
- Potential technology solutions for banks - Buy vs. Build
- Aleri's product on Liquidity Risk - Liquidity Risk Manager
About the speaker
Tom Miller is Senior Business Consultant with Aleri. Tom has more than 30 years of experience working with the banking industry. In this capacity, he is actively involved in the development, sales and implementation of Aleri's Liquidity Management System. Most recently this activity has focused on providing enhanced Liquidity Risk Management functionality as part of the Aleri Liquidity Management offering. From 1993 to 2002, he had consulted to a variety of major banks in Europe, the Middle East, Africa and Asia covering liquidity management, international branch operations, trading back office operations, payments, commercial lending operations and CLS Settlement Member operations
Prakash Neelakantan, Vice President, Headstrong, has 22 years of experience in the IT industry with around 15 of them in the capital markets. In the last 6 years Prakash had been leading the domain consulting practices around specific verticals in the capital markets for Headstrong. His primary focus in this period has been on cash equities, equity derivatives (structured/OTC) and the listed Futures & Options areas delivering solutions to many major investment banks. He has been involved in a range of projects across front to back in these areas.
Join our group on LinkedIn
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SPEAKER

Tom Miller
Senior Business Consultant, Aleri

Prakash Neelakantan
Vice President, Headstrong
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