BLOCKCHAIN TECHNOLOGY 2019
5TH APRIL 2019
SPONSORS AND MEDIA PARTNERS
Bitcoin. Ethereum. Hyperledger. With all the cryptocurrency buzzwords flying around, it is hard to get to the core of all of these technologies. The essential piece that serves as the underlying mechanism of all these technologies is blockchain. Blockchain is a decentralized, trustless, distributed ledger technology that was popularised by the Bitcoin global cryptocurrency platform.
Blockchain technology carries a promise of great opportunity, efficiency, and fairness in business operations and governance for an entire struggling planet. Blockchain technology should be integrated broadly and uniformly across society and within as many existing institutions as possible. Blockchain development should not be the exclusive domain of a single sector, such as banking. Nor should Blockchain development reflect priorities of highest Return on Investment (ROI) from Venture Capital (VC) start-ups.
Indeed, the primary objective of Blockchain technology must be to reduce the cost of capital by decentralising risk, not necessarily money. Blockchain innovation can then be applied broadly, evenly, and intentionally across the economy. This makes sense because when building anything complex or important, one logical piece needs to go in front of the next logical piece regardless of its individual ROI, because collective ROI is the true basis of valuation.
Who Is The Course Suitable For?
Any of the following roles from Banks, Exchanges, Clearing Houses, Futures Commission Merchants, FinTech Firms, and Fund Managers:
•Fixed Income Members
•Interest Rate Risk Managers
•Sell Side Bank Executives
•Chief Executive Officers
•Chief Technology Officers
•Credit Risk Managers
•Credit Trading Desks Members
•Highly comprehensive training course materials (training manual, training materials, PowerPoint presentations, definitions booklet).
•Comprehensive and in-depth understanding of Blockchain technology, innovation in the capital markets, and strategic applications.
•Highly interactive sessions with the training course expert which can reflect the attendee’s business perspectives.
•Pre-course questionnaire to identify the attendee’s key course objectives.
•Post-course follow up to ensure all key course objectives have been met.
MODULE 1: Introduction to Distributed Ledger
•Parallels between Distributed ledger and other disruptive technologies, as well as investment opportunities they can offer.
•A review of how Distributed ledger is different from the Internet and other disruptive technologies?
•How to build a Roadmap for Distributed ledger.
•Determining a best practice approach in developing the necessary supporting standards and protocols.
MODULE 2: Why Distributed Ledger Detractors are Missing the Point
•The arguments for and against the development of Distributed ledger technologies.
•A review of the future of Distributed ledger in the banking and financial services sectors.
•How Distributed ledger can help to grow your firm’s margins.
•How to understand the operational requirements of financial institutions and how Distributed ledger can be applied to each firm’s individual case.
MODULE 3: Innovation in Capital Markets
•Seeing beyond the hype: which problems can Distributed ledger applications realistically solve?
•What is driving investment in Distributed ledger within the banking and financial services sectors?
•How will ownership of and responsibility for Distributed ledger architectures develop?
•Disrupt or be disrupted? What could be the cost of not investing in Distributed ledger?
MODULE 4: Distributed Ledgers in Financial Markets
•A review of financial market problems, achieving consensus by reconciliation, and too much trust (slow transactions, costly duplication, opacity, and litigation).
•Achieving Variation and Initial Margin work flow on a Distributed Ledger.
•Smart Contracts: Robot Counterparties or Digital Referees?
•What impact on incumbents? No or new roles for Central Counterparties (CCPs) and Repositories?
Sol Steinberg is an over-the-counter (OTC) derivatives Markets Subject Matter Expert that specializes in Risk Management, Regulation, Market structure, Collateral, Valuation, Financial Technology Systems, and commercialisation efforts. Sol is the founding principle of his firm, OTC Partners. OTC Partners is a boutique value add firm based in New York that specializes in research, content, and business development. In 2014 OTC Partners developed numerous leading research reports on the global capital markets and has helped lead the China’s OTC market evolution in Beijing, Shenzhen, Jinan, as well as LATAM, and Europe. Before starting OTC Partners Sol was a senior executive at the world’s leading clearing house LCH. Clearnet. Sol also spent nine years on the buy side and Citi, performing product development, risk management, and valuation for the OTC markets. Sol has a wide-ranging network of asset managers, analytic providers, execution venues, regulatory, and government contacts. He used his eco system to successfully commercialise analytics, data, and other non-commercialised intellectual property. He brought to market several initiatives, including institutional and commercial risk engines such as SMART tool, Risk Explorer, Global Market Risk System for Citi: the largest VAR engine in the world from 2004 to 2006, as well as developing CCP2– a derivative education & certification program for leading consultancies. Sol also contributed to OTC industry’s clearing and default management policies for the cleared OTC swap markets as well as contributed to industry standard risk analytics in times of low market rates.
AWARDS AND HONOURS
Waters Magazine’s Award “Best Risk Analytics Initiative 2012”
Waters Magazine’s Award “Best Risk Analytics Initiative (Sell Side) 2013”
FTF’s award for “Most cutting edge risk contribution 2013” for developing the SMART Risk Analytics Tool.
Global Nominee in 2012 for “Best Practices in Global Financial Risk Management” from the Professional Risk Managers International Association (PRMIA).