Programme

Programme

Programme

Risk Japan Conference | 4 June 2019, Tokyo 

08:00

Registration

08:55

Welcome remarks

09:00

Keynote address: Update on Basel Committee’s recent initiatives

Toshio Tsuiki, Deputy Secretary General, Basel Committee on Banking Supervision, BANK FOR INTERNATIONAL SETTLEMENTS 

Stream 1: Risk Management

09:30

Future of non-financial risk supervision and management

  • Increasing importance and regulatory expectation in non-financial risks (NFR)
  • Holistic view and taxonomy of NFR
  • Practical tools and strategies for effective NFR management in a fast-changing market and risk management environment

Shiro Katsufuji, Director, Center for Risk Management Strategy (CRMS), DELOITTE TOUCHE TOHMATSU LLC

10:00

Prioritising risk management in the era of transition

  • Basel final rules implementation and outstanding issues
  • Cross-border and extraterritorial application of financial regulation
  • Implementation gap across different jurisdictions and what works best for Asia 
  • Review and define risk appetite framework relevant for shifting business strategies
  • Strategies in optimizing balance sheet, capital position and risk-return profile 
  • Drivers and priorities in non-financial management
     

Moderator:
Shiro Katsufuji, Director, Center for Risk Management Strategy, DELOITTE TOUCHE TOHMATSU LLC

Speakers:
Toru Morinishi, Head of Regulatory Strategy / Head of Sustainability Office, MIZUHO FINANCIAL GROUP
Yuji Nakata, Executive Managing Director, Chief Risk Officer, NOMURA HOLDINGS, INC.
Toshihiro Yanase, Senior Manager, Global Compliance Officer, SUMITOMO MITSUI TRUST BANK
Shuichi Yokoyama, Executive Officer, Head of Corporate Risk Management Division, MUFG

10:50

Networking break

11:20

What’s the data telling us on credit risk in China?

  • Drivers of change in the Chinese credit markets
  • SWOT analysis on China’s credit fundamentals
  • Trade tariff risks and impact on Chinese corporates 

Paul Bishop, Director, Credit Analytics, S&P GLOBAL MARKET INTELLIGENCE

11:50

Deciphering CVA loss and xVA challenges

  • Recent announcements on CVA loss
  • CVA methodology change in LGD, PD, and EAD from real-world to risk-neutral
  • xVA challenges on technology, model, data, operation, and timeline

Mitsuo Tsumagari, Associate Director, Head of Tokyo Quants Team, IHS MARKIT 

Stream 2: Investment Management

09:30

Liquidity and innovation in ETF trading 

  • Challenges in estimating the depth of ETF market among institutional investors
  • Managing your execution cost, how and when to trade what exposure
  • How to access liquidity directly and efficiently 
  • How are fund allocation practices being impacted by changes brought by technologies?
  • Technological solutions to better investment outcomes

Moderator:
Paul Worthy, Managing Director, TRADEWEB JAPAN

Speakers:
Koei Imai,
Head of ETF Center, NIKKO ASSET MANAGEMENT
Curtis TaiDirector, Asia-Pacific ETF Sales & Trading, JANE STREET
10:10

Market volatility and liquidity management

  • What is the outlook on liquidity across asset classes?
  • What are the latest challenges for Japanese institutions?
  • How banks and non-bank liquidity providers work?
  • How to source and access liquidity in the fragmented Asian markets?
  • How to leverage diverse product platform to construct your global portfolios?

Moderator:
Bill Sarran, Head of Institutional Trading APAC, OPTIVER

Speakers:
Philippe Imhoff,
Portfolio Manager, Head of Convexity Solutions – Asia, AMUNDI JAPAN
Naoki Kamiyama, Chief Strategist, NIKKO ASSET MANAGEMENT
Akira Tagaya, Executive Officer, OSAKA EXCHANGE, INC  

 

10:50

Networking break

11:20

Investment intelligence management

  • The data aggregation and management infrastructure for internal / external data (both quantitative and qualitative)
  • The implementation of HPC (high performance computing)  to enable AI and data science  
  • The holistic characterization of returns and risk for various assets classes using data science
  • The possibility (and pitfalls) of using non-financial / non-market alternative data to enrich the knowledge
  • The use of relational AI to analyze portfolios under various regimes and scenarios
  • Visualization of results via a Dashboard

David Androsoni, Managing Director, SAPIAT

11:50

Challenge and vision in utilizing AI/ML in investment process and fund management

  • Historical outlook of technological innovation in investment strategies
  • Challenges of each process of investment using AI/ML
  • AI/ML use case studies of investment strategies
  • Future vision

Yoshinori Nomura, Director, Investment, SIMPLEX ASSET MANAGEMENT CO.,LTD

12:20

Lunch

13:20

Executive address: Outlining short and long term risks of the Japanese financial system

Seisaku Kameda, Deputy Director-General, Financial System and Bank Examination Department, BANK OF JAPAN

13:50

Insurance and sustainable development 

  • How will insurance companies respond to the emerging risks such as digital disruption, social risk and climate change for sustainable insurance, compliance risk and ESG investment?
  • How will the concept of the Long-term Corporate Value change their strategy? 
     

Moderator:
Shigeyuki Goto,  Director, Center for Risk Management Strategy, DELOITTE TOUCHE TOHMATSU LLC

Speakers:
Sachiko Izumi, Chief Risk Officer, METLIFE INSURANCE K.K.  
Dr. René Mück, Head of Underwriting, Underwriting  Dept. Non-Life Division, MUNICH RE JAPAN BRANCH 
Dr. Mariko Nakabayashi , Professor, Risk Management and Insurance, School of Commerce, MEIJI UNIVERSITY
Keiichi Nakajima, Associate Director, General Manager, Corporate Planning Department, MS&AD INSURANCE GROUP HOLDINGS

14:40

Roadmap to the end of LIBOR

  • Development in interest rate benchmark across jurisdiction
  • Short term risks and prevailing uncertainties
  • Managing transition challenges for new and legacy contracts

Moderator:
Tomoko Morita, Senior Director, Head of Tokyo Office, ISDA

Speakers:
Taro Matsuura, Managing Director, Corporate Planning Division, MUFG
Ken Watanabe, Global Markets Division, MIZUHO

15:30

Networking Break

16:00

Chief Economist roundtable: Emerging risks and opportunities facing the Japanese economy

  • What is the outlook on macro-economic conditions, Post-QE and impact on Japanese financial market?
  • What are the latest price developments and BOJ’s YCC/ ETF buying policies?
  • What will be the upcoming focus on Prime Minister Abe’s economic agenda?
  • What might be the ripple effect from heightened trade and geopolitical tensions?
     

Moderator:
Naoyuki Haraoka
, Executive Managing Director, JAPAN ECONOMIC FOUNDATION

Speakers:
Nobuyasu Atago, Chief Economist, OKASAN SECURITIES GROUP
Kyohei Morita, Managing Director / Chief Economist Japan, CREDIT AGRICOLE SECURITIES ASIA B.V., TOKYO BRANCH
Naoki Murakami, Senior Economist, ASSET MANAGEMENT ONE CO., LTD

17:00

Closing Remarks and End of Conference