DAY ONE – MONDAY 25TH APRIL | DAY ONE | DAY TWO | DAY THREE | DAY FOUR |
9.30	Opening Remarks from the Chair Eric Sepkes, Vice President and Director of Global F.I. Strategy, CITIBANK
ADDRESSING THE SQUEEZE ON PROFITABILITY IN THE PAYMENTS BUSINESS
9.40	Keynote Address: The Need for Regulatory Involvement in the Evolution of Payment Systems Gertrude Tumpel-Gugerell, Member of the Executive Board, EUROPEAN CENTRAL BANK
10.05	Strategy Roundtable: New Business Models for International Payments - Developing the Opportunities and Overcoming the Hurdles Assessing the challenges that lie ahead Who will be the winners and losers in the squeeze on the payments business? Can smaller banks maintain a profitable payments business? How can cost savings and efficiencies be maximised? Dealing with payments risks and regulatory challenges Corporate involvement in the payments’ franchise Marilyn Spearing, Head of Global Payments and Cash Management, HSBC Andrew England, Global Head of Product Management – Global Cash Management, DEUTSCHE BANK Nick Viner, Senior Vice President & Director, Global Head of Payments, THE BOSTON CONSULTING GROUP Robert Heisterborg, General Manager, Payments and Cash Management, ING EUROPE Naveed Sultan, Managing Director and Head of Global Transaction Services, Europe, Middle East and Africa, CITIGROUP
11.00	Morning coffee
THE IMPACT OF NEW TECHNOLOGIES ON PRODUCTS AND SERVICES
11.30	Leveraging New Technologies to Improve Client Service How new technologies affect the different payment communities Integration challenges in payments processing Addressing key concerns around the security of payments Standardisation: to what extent can the community work together? Stephen Axelrod, Industry Manager, Payments, MICROSOFT
12.00	Maximising the Business Benefits of the SWIFTNet Platform What SWIFT is offering in terms of increased member reach and connectivity and access to emerging/growing markets How is SWIFT harnessing the power of the internet to increase automation and decrease back office costs? What next for SWIFT and the community it serves? Lazaro Campos, Head of Banking Industry Division and Member of the Executive Committee, SWIFT
12.20	Real Time Information: Drivers and Opportunities Managing payments information Mitigating regulatory, reputational and financial risks Realising the opportunities of back office engagement Managing efficiencies and enhancing the product suite Richard Pattinson, Senior Director, Settlement Strategy & Systemic Risk Group, Group Treasury, BARCLAYS
	CASE STUDY: Predictive Real-time Intraday Liquidity Management... A Proven Solution Tom Miller, Business Architect, Aleri
13.05	Lunch
RESPONDING TO A CHANGING REGULATORY ENVIRONMENT
14.30	The New Legal Framework for Payments in the Internal Market Jean Allix, Principal Administrator, EUROPEAN COMMISSION
14.50	Assessing the Impact of New Regulations on the Payments Industry AML; KYC; FATF; Basel II; Sarbanes Oxley The impact of escalating regulatory costs on a bank’s ability to service clients Can banks ensure self regulation? Linda Smith, Head of Payment Industry Management and Strategy, HSBC
15.10	The Status of SEPA: a Roadmap for 2004-2010 An update on the EPC work to date and the remaining challenges The impact of the regulatory increase for payments up to 50,000 euro Status of the Pan-European direct debit The impact of the new member states joining SEPA Steps to take us to 2010 Gerard Hartsink, Chairman, EUROPEAN PAYMENTS COUNCIL Senior Executive Vice President, Market Infrastructures, ABN AMRO
15.40	The Practical Realities and Commercial Impact of SEPA for Banks and Corporates For banks: the need to change - the cost of change the impact on products and competition how to be profitable in the new environment For corporates: requirements of corporates for SEPA what alternatives do corporates have in the absence of SEPA progress? what lessons can be learnt during implementation? dealing with EC Europe and non Euroland Hansjoerg Nymphius, Senior Product Manager, Global Cash Management, Deutsche Bank
16.15	Afternoon tea
16.45	Roundtable: Evolution of Payments Infrastructures PE-ACH, STEP2 and the future for domestics ACHs CLS developments Developments in RTGS systems and Target2 What lessons can be learnt from the latest US developments? What do customers want? Gilbert Lichter, Secretary General, Euro Banking Association Chief Executive Officer, EBA CLEARING Marion King, Chief Executive Officer, VOCA Rob Close, Chief Operating Officer, CLS BANK INTERNATIONAL Roy de Cicco, Vice President and Industry Issues/Payment Systems Strategies Executive, JPMORGAN Dara Hunt, Senior Vice President, FEDERAL RESERVE FINANCIAL SERVICES
17.45	Closing Remarks from the Chair
18.00	Cocktail Reception
19.15	Gala Dinner for Speakers and Delegates at London’s famous Bombay Brasserie
DAY TWO – TUESDAY 26TH APRIL | DAY ONE | DAY TWO | DAY THREE | DAY FOUR |
9.30	Opening Remarks from the Chair Eric Sepkes, Vice President and Director of Global F.I. Strategy, CITIBANK
HOW THE CHANGING NEEDS OF CORPORATES WILL IMPACT PRODUCT AND SERVICE OFFERINGS
9.40	What Challenges are Corporate Treasurers and Cash Managers Facing and How Do We Want Our Bankers to Respond? The evolution and expansion of the corporate treasury function New approaches to generating value Optimising the end-to-end supply chain management process How do we want our bankers to change? Gianfranco Tabasso, Co-Ordinator EACT Payments Commission, EUROPEAN ASSOCIATION OF CORPORATE TREASURERS Chief Executive Officer, FMS GROUP
10.15	Results of the London School of Economics’ Study on the Evolution of SWIFT Standards and How the Application of Such Standards Would Affect Corporate Business Processes Susan Scott, LONDON SCHOOL OF ECONOMICS
10.50	Morning coffee
11.20	The Corporate Perspective: How We Are Tackling End-to-End STP What do we mean by supply chain and business process management? Applying lessons learnt in supply chain management to financial supply chains What efficiencies do we want to achieve? What standards do we think will help us? Where do banks and bank standards fit in? Roger Burge, Group Treasurer, CABLE & WIRELESS
12.00	Roundtable: The Role of Technology and Standards in the Bank/Corporate Relationship A quick update from SWIFT, Twist and RosettaNet How can standards help to drive innovation and efficiency? Simplification in a world of multiple standards Extending bank services in the corporate supply chain Interoperability between networks How to drive global uptake of these standards Johan Kestens, SWIFT Tom Buschman, Shell Treasury Centre Development Manager, SHELL FINANCE SERVICES AND TWIST Colin Robson, Vice President, ROSETTANET EUROPE Leonard Schwartz, Director, Channel Management, ABN AMRO William Faulkner, Manager, Global Treasury Operations, GENERAL ELECTRIC Peter Randall, Executive Director, FIX PROTOCOL
13.00	Lunch
14.30	How the Industry Must Respond to Changing Client Needs Understanding corporate drivers for change The impact on banks of the corporate desire for improved supply chain management Working in partnership: can corporates benefit from lessons we have learnt? How can banks manage the cost of change and remain profitable? Robert Blair, VP, Industry Issues and Payment Strategies, JPMORGAN CHASE
15.00	Panel Session: Responding to Changing Client Needs Whilst Keeping an Eye on the Bottom Line In an increasingly commoditised business, where can banks add value? How can banks compete and remain profitable? Taking on competition from non banks Assessing your core competences in the new payments world Is outsourcing a possible solution for your bank? What are the key considerations when outsourcing? Tom Issac, Managing Director, F.I. Relationships Global Transaction Bank, CITIGROUP John Murphy, Head of International Payments & Clearing Services, ANZ BANKING GROUP Robert Blair, VP, Industry Issues and Payment Strategies, JPMORGAN CHASE Bjorn Flismark, Senior Vice President, SEB Daniel Cotti, Head of Global Transaction Products, Cash Management and Global Trade, ABN AMRO N.V
16.00	Afternoon tea
HOW INNOVATIONS IN THE PAYMENTS WORLD COULD SHAPE THE FUTURE
16.30	The Death of Cards Key trends in consumers payments How mobile telephones, radio frequency identification and chip technologies are eroding traditional payment mechanisms Substituting debit and credit cards with new payment mechanisms The important rise of biometrics in the authentication process Chris Skinner, Director, TOWERGROUP INTERNATIONAL ADVISORY SERVICES
16.50	Understanding the Potential of Banks as e-Billing Channels Developing a trusted e-payment channel; building banking service portfolios through the addition of web-based bill and statement presentment for telecoms, utilities, credit card and other service providers The benefits of consolidated e-billing for users and billers The role of payment clearing houses as biller service providers Developing an e-bill consolidation site Developing relationships between banks and other billers Martin Kearsley, Chief Executive Officer, ONEVU Steve Wright, Director Global Marketing, CHECKFREE SOFTWARE
17.10	Supply Chain Data Interchange that Transcends Standards and Technology Barriers Traditional approaches to electronic data exchange Challenges faced in closing the efficiency gap Providing the right-time information corporate treasury really needs Automated invoicing for all Bob Blower, Consultant
17.30	Open Forum
17.45	Closing Remarks from the Chair
DAY THREE – WEDNESDAY 27TH APRIL | DAY ONE | DAY TWO | DAY THREE | DAY FOUR |
Cash Management: the Evolving Business Models
	Stream Sponsor: More than ever before corporate treasurers and cash managers are seeking to bring increased discipline to the treasury management and payables & receivables functions. They want the best results for the least cost and resource dedication. Banks who want to provide excellence in cash management services for their corporate clients need to listen to them and understand how they must respond to evolving corporate needs. This cash management stream will bring banks and clients together to pursue this dialogue and will also feature contributions from smaller and regional banks on the best strategies for delivering outstanding cash management in a consolidating payments market.
9.30	Opening Remarks from the Chair Paul Camp, Global Head FI Strategy- Global Cash Management, DEUTSCHE BANK
9.35	Trends and Future Prospects for the Cash Management Business The year in review Where are we heading? Business models that work: global, regional and local Is this really a commoditised business? Paul Camp, Global Head FI Strategy- Global Cash Management, DEUTSCHE BANK
10.15	Panel Session: What Do Cash Managers Want from Their Bankers? Where is my business going? Is my banker there to support me? What do I need and what am I willing to pay for it? How do I want my banker to respond to my changing needs? Anil Aggarwala, European Treasurer, Global Crossing Ireland Limited Ron Mulder, Treasurer, ICL
11.15	Morning Coffee
11.45	Panel Session: How Regional Players Can Optimise Their Opportunities in a Consolidating Market Place Adapting to a consolidating market place How can regional players and/or corporates successfully compete with global banks? What are the advantages we have and the strengths we can play to? The pros and cons of partnering with a larger institution Julia Garcia Romano, Director Transactional Banking, BANESTO John Irwin, Head of Product Development, Global Treasury Services, Allied Irish Banks plc Ruud W.M. Nijs, Head of Financial Logistics, Rabobank Nederland
12.45	Lunch
Real Time Information Management
	Stream Sponsor:
14.15	Opening Remarks from the Chair Bob Mackman, Payments Solution Executive, IBM
14.25	Real Time Information: What’s Next? What are the drivers for change? Where are the opportunities? Do banks have the systems to cope? Managing efficiencies New product capabilities Gary Wright, Director International Development, Corporate Banking Services, ROYAL BANK of SCOTLAND
15.00	Enabling Your Implementation Claudia Cassinari, Senior Manager, SWIFT
15.20	Choosing the Model Comparison of the models Use of SWIFTNet Outsourced solutions Gerard Hammarlund, Head of Sales, Financial Services, Cable & Wireless
15.40	Barriers and Enablers for Real Time Information Flow William Forster, Managing Consultant, IBM Detlef Braun, Senior Consultant, IBM
16.10	Afternoon tea
16.30	Case Study: Providing Cash Reporting, Using the Distributed Model Benjamin Schulcz, Product Manager, DEUTSCHE BANK
16.50	Case Study: Nostro Cash Management - Best Practice Today and Using Real Time Account Information Tomorrow Swen Gajski, Vice-President, Head of Cash Management/Investigation COMMERZBANK AG
17.20	RTN: Uniting the Payments and Securities Silos? Enhancing liquidity management enterprise wide Benefiting the company not the silo Mark Brearley, Global Head of Cash Management Payments, UBS INVESTMENT BANK OPERATIONS (subject to final confirmation)
17.40	Closing Remarks from the Chair
17.45	Close of Day Three
	OR
SEPA - Building on the Foundations
	Stream Sponsor:
14.15	Opening Remarks from the Chair Gilbert Lichter, Secretary General, EURO BANKING ASSOCIATION Chief Executive Officer, EBA CLEARING
14.20	Introduction Marion King, Chief Executive Officer VOCA
14.25	Two Years On: What Have We Learnt? What’s Next? What has been achieved so far? Where do the remaining challenges lie? The move to 50,000 euro The pan-European direct debit Terry Dirienzo, Chairman, European Payments Council Credit Working Group Barclays
14.55	The European Central Bank’s Perspective How have the banks coped with the new environment? What are the problems? Positioning of domestic systems within SEPA Erik Mansson, Senior Expert, Payments Systems Policy, EUROPEAN CENTRAL BANK
15:15	SEPA, a Challenge for Everyone? Mr Renzo Vanetti, Chief Executive Officer, SIA
15:35	Realising the Vision Marion King, Chief Executive Officer, VOCA
15.55	Afternoon tea
16.25	The New Member States and SEPA Update on the current situation STEP2 vs domestic ACH What are the real challenges we face? Mihkel Nommela, Chairman, PAYMENTS SYSTEMS WORKING GROUP, ESTONIA Head of Clearing and Settlement Department BANK OF ESTONIA
16.50	Panel Discussion: PE-ACH, STEP2 and the Future for Domestic ACHs How can European ACHs influence the move towards a pan-European ACH and SEPA? In the light of STEP2, what role will domestic ACHs fulfil? Are current forums effective enough to realise the SEPA vision? Is consolidation among ACHs inevitable? If so, how and when will it take place? José Beltrán, Director, Step2 Services Alec Nacamuli, Global Payments Executive, IBM Financial Services Sector - EMEA Martin Wilson, Ventures Director, VOCA
17.45	Closing Remarks from the Chair Gilbert Lichter, Secretary General, Euro Banking Association, Chief Executive Officer, EBA Clearing
18.00	Close of Day Three
DAY FOUR – MORNING OF THURSDAY 28TH APRIL | DAY ONE | DAY TWO | DAY THREE | DAY FOUR |
CLS: What Does the Future Hold?
9.30	Opening Remarks from the Chair
9.40	CLS – The Market Standard of Choice Review of the FX market The depth and breadth of participation Expanding the value proposition Jonathan Butterfield, Executive Vice President Marketing & Communication, CLS BANK INTERNATIONAL
10.10	Panel Session: The Development of the Third Party Market – Views from Settlement Members How is the market developing? Where have the biggest gains been made? Will 3rd party revenue streams repay the cost of funding CLS? Benefiting from increased STP, credit and liquidity management Olaf Ransome, Transaction Services & Solutions TSP, Head of Product Development & Support, CREDIT SUISSE A Senior Representative from CITIBANK Alain Besnard, Head of Global Clearing Services, Banks and Financial Institutions, SOCGEN
	11.10 Morning Coffee
11.40	So What Does it Cost to Process a Trade? Results of the Z/Yen annual survey on FX processing costs Cost per trade trends from 2000 to 2004 Scalability of FX, a plain vanilla product - how can you keep the costs down? The impact of CLS on processing costs and efficiency Jeremy Smith, Director, Z/YEN
12.00	3rd Party Case Studies Rationale behind the decision to join CLS improving efficiency and streamlining processes eliminating settlement risk tracking transactions real-time Choosing your provider Implementation challenges What impact has CLS had on our operations? What benefits have we realised? Where do the obstacles to really reducing cost remain? Sarah Jones, Treasurer: Europe and Middle East, HP Miroslav Boublik, Chief of Operations, ALFA BANK Carlo Azzi, Head of Bank Relations, CORNER BANCA SA Mohsin Siddiqi, Foreign Exchange Supervisor, NEWTON INVESTMENT MANAGEMENT
12.50	Lunch
Outsourcing as Part of Your Payments Strategy
14.20	Opening Remarks from the Chair Michael Mueller, Managing Director, Global Transaction Banking Global Cash Management DEUTSCHE BANK AG
14.30	What Sort of Payments Provider Do You and Your Clients Want You To Be? What Role Does Outsourcing Have to Play? Payments: a core competence every bank must have The conundrum: adding value for the client whilst maintaining profitability for the bank Which clients actually use payments capabilities as a critical selection criteria? The cost of investing in payments systems and processes to make payments a core strategic strength How increased regulation will continue to drive up costs and mean that banks must make a choice: lose money; Cash Management Provider Do You Want You To Be? Can You Go It Alone? Cash management - a key product line for any bank The Dilemma - increasing client requirements, rising compliance costs, pressure on margins Outsourcing - necessary, but sufficient? Re-dimensioning - expanding the product set, reaching new markets and reducing infrastructure through partnerships The shape of banks to come - the virtual banking organisation Tony McLaughlin, Director, Global Transaction Services, CITIGROUP
15.00	Key Issues When Process Outsourcing to a Non Financial Institution Defining the needs of the four broad client types for payments services internal institutional corporate retail Which payments services can only be delivered in-house from a client perspective? When should you invest in improving your processes and when should you outsource? The benefits of outsourcing elements of payments operations: reducing costs, improving efficiency and reducing operational risk Lessons learnt and pitfalls to be avoided Neil Burton, Global Payments Solutions, IBM Shamus Rae, Integration Project Executive, IBM
15.30	Afternoon tea
16.00	A Best-Practice Approach to Offshoring Which activities are suitable for offshoring? Choosing your partner Creating a flexible financial supply chain Real-time visibility for your data Pitfalls to be avoided Kurt Cavano, Chairman and CEO, TRADECARD
16.30	Case Study: Partnering With a Financial Institution Developing our outsourcing strategy Reaching the decision to partner with another financial institution Partner selection criteria Structuring the arrangement Lessons learnt
17.00	Close of Day Four
	OR
Straight Through Payments: Critical Success Factors for Cost Reduction and Process Optimisation
14.20	Opening Remarks from the Chair Stephen Axelrod, Industry Manager, Payments, EMEA MICROSOFT
14.30	How to Achieve End to End STP Where are the real efficiency gaps in payments operations? Critical success factors in improving STP rates STP challenges in high value and low value payments Integration challenges in payments processing Julie Monaco, Senior Vice President and Business Executive for Core Cash Management Services, JPMORGAN CHASE
15.00	Facilitating End to End Corporate Payments Standards and industry initiatives Enabling adoption and achieving critical mass Bringing it all together Erastus Hamm, Senior External Managing Consultant, The Dow Chemical Company
15.30	Afternoon tea
16.00	Case Study: Streamlining the Corporate Payment Process The wish list RosettaNet Payment Milestone Program: the NSC pilot implementation Key requirements and outlook Bruno Voll, IS Europe, Business Partner Finance & Marketing NATIONAL SEMICONDUCTOR GmbH
16.30	Case Study: Streamlining the Bank’s Payments Processes The role of technology Managing the initial investment costs Measuring the ROI Challenges and constraints Lars Oltrogge, Product Manager, DEUTSCHE BANK
17.00	Close of Day Four Top