Lessons Today to Prepare for Incoming Future

On Thursday, 6 December 2018, SIX welcomed leading members of the European post-trade community to Gibson Hall in the City of London for its annual Post-Trade Forum. The theme of this year event was “A Glimpse into the Future,” and attendees were treated to exclusive views from the brightest minds across post-trade, technology, and industry on the mega-trends set to challenge the very business models, processes and networks the industry relies on to operate today. By learning the impact of disruption in tomorrow’s world, now, the post-trade industry can take measures to establish opportunities that safeguard its future sooner.

From Dull and Dependable, to Exciting and Dependable

The first of two panel discussions took place following a stimulating opening session on disruption mega-trends by Deloitte’s Head Center for the Long View, Dr. Florian Klein. Moderated by Global Custodian’s Richard Schwartz, panel one pondered co-operation and partnership in the post-trade industry, and why unity is critical to ensuring a stable growth trajectory in the face of increasing disruption.

Panelists agreed greater demands from both clients and regulators, as well as competitor pressure and innovation, has cast the once under-the-radar post-trade function into the limelight. Stakeholders want more accountability and greater efficiency as a bi-product of such events, and understand post-trade is a function of capital markets that can offer it. To meet these demands, panelists concluded the post-trade industry must challenge the status quo of current blockers to progress and form new working relationships and standards between old and new stakeholders if it is to accomplish the task at hand.

Panelists:

  • Alan Cameron, Global Solutions Sponsor, BNP Paribas Securities Service
  • Rebecca Healey, Head EMEA Market Structure & Strategy, Liquidnet
  • Roger Storm, Head Regulation, Risk & Committees, SIX x-clear
  • Frank Striegel, Partner Capital Markets, Deloitte
  • Moderator: Richard Schwartz, Global Custodian

Digitization Lies in Distributed Ledger Technology (DLT)

The second panel delved into the more specific issue of digitization of post-trade. The advancement of technology has meant that economies have evolved to become more networked and more efficient than ever before. On the other hand, digitization has shocked established business models; new, slicker players, free of legacy process are challenging leading incumbents at their own games.

On the question of how the post-trade industry could avoid the same fate, the panel acknowledged innovation in the space was slow, but blockchain could offer a solution. Once seen as technology with limited scope in capital markets operations, blockchain has now evolved economically to a point it could fulfil traditional post-trade functions quickly and more safely than current methods. Exactly how it will do this is yet to be defined, but panelists provided strong clues with discussions around SIX Digital Exchange (SDX), taking center stage. They concluded that during this phase of discovery, market infrastructure stakeholders must be open to new ideas to ensure progress.

Panelists:

  • James Bilefield, former Skype and Yahoo executive
  • Professor Michael Mainelli, Executive Chairman, Z/Yen Group
  • Valerio Roncone, Head Business Development, SIX
  • Moderator: Richard Schwartz, Global Custodian

„Inside Exchange Services“

Take a glimpse into the future and browse through our brand-new magazine:
“Inside Exchange Services” gives you an insight into the challenges that exist in the field of stock exchange services.
Are you prepared?

Happy reading!

Program

12:00 -13:00

Light lunch

13:00 -13:30

Inspiring introduction:

“This is the age of disruption.”

Dr. Florian Klein, Head Center for the Long View, Monitor Deloitte

13:30 -14:30

Panel discussion:

“Co-operation and partnership: How can we make the industry more efficient by working together?”

Alan Cameron, Global Solutions Sponsor, BNP Paribas Securities Service

Rebecca Healey, Head EMEA Market Structure & Strategy, Liquidnet

Roger Storm, Head Regulation, Risk & Committees, SIX x-clear

Frank Striegel, Partner Capital Markets, Deloitte

Moderator: Richard Schwartz, Global Custodian

14:30 -15:00

Coffee break & networking opportunity

15:00 -16:00

Panel discussion:

“It’s all about digitization”

James Bilefield, former Skype and Yahoo executive

Professor Michael Mainelli, Executive Chairman, Z/Yen Group

Valerio Roncone, Head Product Management & Development, SIX

Moderator: Richard Schwartz, Global Custodian

16:00 -16:30

Exciting wrap-up:

“Is cybersecurity a rising threat for your organization?”

Florian Schütz, Technical Lead Cybersecurity, SIX

Stjepan Vinkovic, Proposal Lead & Service Manager SOC, SIX

Moderators, Speakers & Panelists