Wednesday 17th March 2021 – Real-Time Risk Management Virtual Roundtable
Real-Time Risk Management at the Enterprise Level:
Uses and Benefits for Risk Managers
Held in partnership with Numerix, IOWArocks & PRMIA
Wednesday 17th March 2021, 1500 GMT
The unprecedented market volatility of 2020 exposed the shortcomings of traditional end-of-day enterprise risk metrics. Within hours, sometimes minutes, of market opening, firm-wide traded risk reporting could be rendered meaningless. Back-up reliance on desk reporting, where real-time has been the norm for years, could not provide the necessary enterprise view of risk concentrations.
Karl Sees, MD CubeLogic and PRMIA London Chapter Steerco Member (Moderator)
Karl is a leader in credit, counterparty and market risk management with over 25 years of practitioner experience in the finance and energy sectors. He has held Chief Risk Officer, Chief Credit Officer and Global Head of Counterparty Risk roles at major investment banks and brokerages. Karl is an MD at CubeLogic and member of the Executive team with responsibility for Financial Services clients and analytics solutions.
Paolo Pasqualini, Head of Credit, SEBA Bank AG
Paolo is the Head of Credit at SEBA Bank. Licensed and regulated by the Swiss Financial Market Supervisory Authority (FINMA) and located in the heart of Switzerland’s Crypto Valley, SEBA is equipped to safeguard digital assets and provide lending solutions for a client-base of professional investors, financial institutions, asset and wealth managers, digital exchanges, lenders and OTC dealers. Previously Paolo worked at EFG Bank as Head of Credit Solutions & Control and at Liechtensteinische Landesbank as Head of Credit Office. He began his professional career in the credit sector of ExxonMobil in Prague. He is a CFA Charterholder and holds an MBA from the Steinbeis University in Berlin and a MS in International Economics from the Marche Polytechnic University in Ancona, Italy.
Saadia Mujeeb, PRMIA London Chapter Steerco Member and Chair of Risk Leaders Committee
Saadia is an accomplished leader of cross-functional global teams with international experience living and working in US, UK and Middle East with UK and US Investment Banks. The Senior Risk Approver for structured transactions, Saadia’s remit also covers assessment of new business initiatives for Markets, Structured Lending Franchise and Sustainable Finance products. Expertise and track record of successes in managing clients in distress and leading teams during uncertainty (2007/2008 credit crisis, 2015 EUR-CHF peg break, Covid-19) ensuring zero credit risk losses on each occasion. Experience includes Sales & Marketing – leading the delivery of e-banking cash management and treasury product offerings to Corporate Clients in the Gulf. Saadia is passionate about investing in others and is a strong advocate for the broader inclusion and diversity agenda. Saadia holds an MBA from London Business School.
Peter Russell, Senior VP, Numerix
Peter is an SVP at Numerix working in the Product Research and Development team. He is currently working on the Numerix real-time risk management system and the Numerix real-time Trading and Risk Framework. He has worked in this area for 10 years, and prior to that he worked in development of low latency market making applications, and mobile streaming data platforms and protocols. Peter has a PhD in Plasma Physics from Imperial College London.
David Baker, CTO CubeLogic
David joined the CubeLogic team in 2020 as Group Chief Technology Officer. David began his career working in Law but after a short period he moved into the trading technology environment – more specifically in the commodities and risk management space. He has held roles such as IT Delivery Manager, Market Risk Manager and Quantitative Analyst. David’s most recent role was Enterprise Architect responsible for risk management technology at BP Trading & Shipping. With an Honours degree in Mathematics and Law at the Australian National University and a Masters in Quant Finance at UTS, David thrives on delivering technology solutions offering maximum value to clients.
CubeLogic’s virtual roundtable will examine such questions as:
- What does real-time enterprise risk measurement and reporting mean in practice?
- Uses in Market, Credit and Liquidity Risk
- What are the benefits, where is it most effectively deployed, what uses are risk managers prioritising?
- What are the market best-practice trends and what will the industry look like in 3-5 years’ time?
- Challenges to achieving real-time risk.
- Are there downsides of using real-time risk at the enterprise level and what uses still best suit end-of-day metrics?
- What are the most important metrics to bring into real-time? What risk manager tools would benefit the most from an upgrade to real-time?