FISD Madrid – April 2, 2025

Name: FISD Madrid – April 2, 2025
Start: 2025-04-02T00:00:00-04:00
End: 2025-04-02T23:59:59-04:00

April 2, 2025 @ 2:30 - 7:00 p.m.

Hosted by BME
Palacio de la Bolsa, Plaza de la Lealtad 1, 28014 Madrid

Waitlist

Members – Free | Nonmembers – $500

Once you have registered, attendees will receive an email from BME (confirmation@jornadasbme.com) with the subject line: ‘FISD Madrid – Confirmation Action Required’. It is important that attendees open, accept the invitation and provide the requested information, which will then generate a QR code. This ensures that you are fully registered and avoid any delays gaining entrance to the event.

If you have any questions, please contact Tristan Dehaan at tdehaan@siia.net

Please note that this event has limited capacity. Should the event become fully subscribed, FISD reserves the right to limit the number of delegates attending per firm. This may require removing some registrations in excess of the per company limit. The purpose of this policy is to ensure a diverse member audience with a mix of consumers, vendors, exchanges, and others.

Look Who's Coming

Agenda
2:30 – 3:00 p.m.	Check-in & Networking
3:00 – 3:05 p.m.	FISD Opening Tristan Dehaan, Program Director, FISD
3:05 – 3:20 p.m.	Host Welcome Juan Flames, CEO, BME
3:20 – 4:05 p.m.	Panel: Data Optimization Data optimization for financial firms involves refining data processes to maximize efficiency and value. The aim is to enhance data quality, accessibility, and security for informed decision-making. This includes streamlining data collection, storage, and analysis to reduce redundancies and improve operational efficiency. Optimized data should enable accurate risk assessment, regulatory compliance, and improved customer experiences. Ultimately, the goal is to leverage data as a strategic asset, driving growth and maintaining a competitive edge in the financial market. Moderator: Carmen Zamudio, CEO & Co Founder, Medysif Fernando Fuente, Director, Market data, BBVA Carlos Colino Sánchez-Ventura, Managing Director in Santander Corporate & Investment Banking, Global Head of Third-Party Risk Management, Market Data & Strategic Sourcing David Barroso Mosquera, Senior Sales Executive, ICE Matthew Skinner, Chief Product Officer, Xenomorph Software Ltd
4:05 – 4:50 p.m.	Panel: The Challenge of Reasonable Commercial Basis (RCB) The “reasonable commercial basis” (RCB) within European financial market regulation, particularly under MiFIR, aims to ensure fair access to market data. This regulation mandates that fees for market data should be based on the cost of producing and disseminating that data, plus a reasonable margin. The goal is to prevent excessive pricing and promote as wide as possible access to market data. This is fundamental to a well-functioning financial market. Challenges arise in adapting market data agreements and policies to the new framework, new client categorization rules, new rules to set fees, methodologies to determine the true costs of data production, and in enforcing consistent application of the rules. Addressing these challenges requires clear rules and robust supervisory oversight. Moderator: Stephen Veasey, CEO, 3d Innovations Will Cowling, Exchange Relations and Market Data Compliance, IRESS QuantHouse Carlos Lujan, Senior Sales Manager, Enterprise, London Stock Exchange Group Santiago Ximénez, Director General en BME Market Data, Head of Co-location and Market Access, SIX Group Manjunatha Krishnappa, Market Data Expert Leader, Natixis
4:50 – 5:00 p.m.	FISD Update Tom Davin, Managing Director, FISD
5:00 – 7:00 p.m.	Networking Reception