FISD Issue Brief - London

Date:Thursday, June 13, 2019 
Location:BT Centre, 81 Newgate Street, London, EC1A 7AJ

 Look Who's Coming

Employees of member firms attend for free, non-members $250. Not sure if you're an FISD member? Click here

Thursday, June 13

3:00 p.m. - 3:30 p.m.

Registration & Networking

3:30 p.m. - 3:35 p.m.

Introduction from FISD

David Anderson, FIA, Program Director, FISD/Atradia

3:35 p.m. - 3:40 p.m.

Host Welcome - BT

Michael Woodman, Head of Radianz, BT

3:45 p.m. - 4:30 p.m.

Wrestling with Index Benchmark Data Licensing

The way commercials are applied for Index data licensing has evolved. One major shift has been the introduction of pricing based on Assets under Management (AUM). This started as a shared risk approach, but has resulted in significant price hikes, as Asset Management firms have increased the assets they have under management. The major and established Benchmark providers have also been very good at marketing their brands and creating positive client mandates. This presents a challenge for market data teams at consumer firms who are tasked with controlling the cost of Index data licensing. How is the supplier landscape changing in respect of new providers and concepts like self-indexing? How can market data teams take advantage of this new landscape? What could (should) market data teams be doing internally within their own firms to change behaviours upstream, in respect of decisions taken by their own investment teams and prompted by client mandates and external consultants. There are many layers to this issue –  let’s peel them back one by one.

Moderator:

Keiren Harris , Director, Data Compliance LLC

Panelists:

Shaun Baskett, Director Index Sales, Cboe Europe

Graham Downie, Senior Relationship Manager, Aberdeen Standard Investments

Claire Pannell, Head of Data Vendor Management, Legal & General Investment Management

Sam Rushton, Sr Product Specialist - Index License Manager, MDSL

4:30 p.m. - 4:40 p.m.

OTC Markets & US Liquidity

22.1 Billion dollars traded in International securities on OTC Markets in April.  Come hear how OTC Markets drives US investor interest and liquidity for more than 1,600 European securities -#AfterHoursEurope – and how we support growing sectors such as cannabis and biotech with our efficient issuer-focused model - #USVentureMarket.

Chris Grant, VP -- Market Data, OTC Markets

4:40 p.m. - 5:25 p.m.

Hunters and Gatherers: Sourcing Challenges for End Users Firms

This session will seek insight on how market data executives at end-user firms are dealing with a myriad of data sourcing challenges.  We will see how their internal customers' expanding range of data needs (real-time data, reference data, index data, ratings data, and now "unstructured" data and alternative data) are increasing their workloads.  The panelists will provide insight on whether data budgets are growing, slowing, or remaining steady (and to what degree).  And we will explore how MiFID II implementation has impacted the menu of data options for consumers and if these changes are a negative or a positive (or a bit of both).  Perhaps most interestingly, we'll seek insight on the plethora of interactions that occur between those that request data (e.g. traders, portfolio managers, analysts) and those among us who procure that data.

Moderator:

Mike Bournes, Head of Business Development, Euronext

Panelists:

Michelle Ansell, Global Head of Market Data, Macquarie

Conrad Ball, Vendor Manager, Legal & General Investments Management

Chris Johnson, Head of Product Management, Market Data Services, HSBC Securities Services

Kevin Morgan, Consultant, Independent

5:25 p.m. - 5:30 p.m.

FISD Update

Nick Merritt, FIA, Program Director, FISD

5:30 p.m. - 7:30 p.m.

Networking Reception