Webinar on 11/14/2006 - The Next Big Thing in Derivatives Processing:Getting to T+0 By Automating Transactional Messaging and Exception Management

From: Wall Street & Technology
Topic: The Next Big Thing in Derivatives Processing:Getting to T+0
By Automating Transactional Messaging and Exception Management
Date: Tuesday, November 14, 2006 Time: 9:00 AM PT / 12:00 PM ET
Duration: One hour
URL for registartion: https://www.cmpnetseminars.com/BTG/default.asp?K=4TW&Q=548

The rapid adoption of credit derivatives by traditional asset managers and hedge funds has led to the explosive growth in transaction volumes and the creation of innovative investment and hedging strategies. While the major dealers have substantially cleaned up the backlog in unconfirmed trades in credit instruments, there are still concerns about handling the more exotic structures.
As regulators pressure the industry to eliminate paper and costly manual intervention, the automated processing of derivatives and other trade confirmations has become a top priority for buy-side and sell-side firms looking to minimize operational risk and avoid costly errors. But which way do firms turn?
This Webcast will discuss how buy-and-sell side firms can improve the STP capabilities associated with processing high-volume OTC derivatives trades, utilizing many of the post-trade technologies that have recently emerged in the marketplace, including confirmation matching systems, new electronic message formats and transactional communications technologies for document generation.

In this Webcast, you can learn about:
- STP strategies for improving OTC derivatives processing
- New techniques for creating customized documents that support exotic structures with new
electronic messaging formats such as FpML through fax, email and Web channels as well as
third-party matching services
- Minimizing operational risk by streamlining workflow in high-volume, transactional
businesses like OTC derivatives
- Speeding up exception management to support the manual review of complex exotic trades
- Industry initiatives for reducing operational risk on the buy-and sell-sides.

Webinar from TowerGroup Live:Derivatives in Global Financial Services - Trends, Opportunities, and Technology Issues

Date:Thursday, September 21, 2006
Time: 12:00 pm, Eastern Daylight Time (GMT -04:00, New York)
Duration: 1 hour
Presenter: Dushyant Shahrawat, Research Area Director, Securities & Capital Markets

Summary:
Stocks, bonds, and foreign exchange are old news. If you want to peer into the future of finance, take a serious look at the esoteric world of derivatives instead. Derivatives are undergoing astounding growth and contribute 8-10% of overall revenue for many Wall Street firms. Investment managers, insurance firms, hedge funds, commercial banks, and corporates use them for hedging, risk management, or speculation. Activity among derivatives exchanges is extraordinary as well. Regulators are relaxing rules related to using derivatives, as evidenced by changes to ERISA and adoption of the Prudent Investor Rule. And yet, derivatives remain an enigma to many investors and industry participants.

This Session will-
- Introduce you to derivatives, including the size of this business, growth rates, and
different instruments
- Describe the current state of maturity of this market and expectations for the future
- Discuss major participants in this business and ways firms are using derivatives
- Analyze major IT issues in derivatives across trading, analytics, back-office processing, risk
management, and reporting
- Explain how derivatives fit into the strategy of brokerage firms and what individual firms are
providing.

Registration:https://btconferencing.webex.com/btconferencing/mywebex/epmainframe.php?MWAT=MC&rlink=https%3A%2F%2Fbtconferencing.webex.com%2Fbtconferencing%2Fsite%2Fmainframe.php%3FMainPage%3Dhttps%253A%252F%252Fbtconferencing.webex.com%252Fbtconferencing%252Fsite%252Fmeetinginfo.php%253FRnd%253D340550131%2526Action%253DMI%2526EventID%253D92377227%2526Host%253D26e23e2855033b0b183b%2526RG%253D1%2526Rnd1340%253D0.8741164709204887%26Rnd%3D1899060901&Rnd0683=0.8747773451121383