FISD Issue Brief

Date: Thursday, December 12, 2019
Location: Refinitiv, 3 Times Square, 30th Floor New York, NY, 10036

Look Who's Coming

Employees of member firms attend for free / non-members pay $500. Not sure if you are an FISD member? Confirm here.

Separate registration is required for the FISD Holiday Party which follows the FISD Issue Brief. Click here to register for the FISD Holiday Party.

Thursday, December 12

3:00 p.m. - 3:30 p.m.

Registration & Networking

3:30 p.m. - 3:40 p.m.

Welcome and Introduction

Presenter:

Tom Davin, FIA, Managing Director, FISD

3:40 p.m. - 4:25 p.m.

A US perspective on ESG and associated data challenges

In case you had not noticed there is a difference between Europe and North America. The EU and especially France make reporting ESG credentials a VERY high priority. Climate change as represented by the E in ESG has a more nuanced profile and priority on this side of the pond. Many North American private and institutional investors do strive for data points to satisfy their desire for responsible and sustainable investing. However, concerns have been raised, including by the SEC, that this rapacious appetite for data is putting a strain on the overall market – especially on the corporates who have to provide this data. That strain is caused in no small part by the lack of standardisation of approach. But what should standardisation look like? – The problem is exacerbated by the competing standards that are being presented. What is the ‘right’ data? Who decides what is ‘right’?

Moderator:

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

Panelists:

Debarshi Basu, VP 'Sustainable Investing', Blackrock

Adam Kanzer, Head of Stewardship - Americas, BNP Paribas Asset Management

Namste Namgyal, Head of Institutional Sales North America, S&P Trucost

Matt Ryan, Proposition Manager, Refinitiv

Rachel Segal, ESG Analyst, Pzena Investment Management

4:25 p.m. - 4:35 p.m.

Dealing with Data in China

Every U.S. data feed owner and data vendor is trying to promote their data feeds to the mainland China financial community.  Additionaly, the appetite by U.S. firms to consume data feeds originating from China is also increasing.  BT Radianz has been helping firms achieve these goals.  In this presentation we will look at the opportunities and challenges of promoting U.S. data feeds into China.

Presenter:

Yousaf Hafeez, Director, Capital Markets Development & Chair, FISD Exec Committee, BT

4:35 p.m. - 5:20 p.m.

Data Maintenance: Minding the Lifeblood

Even neophytes in the financial industry understand the value and importance of data.  And for that reason, many in our industry work diligently and continually to ensure that their data is the best it can be.  In this session panelists will address a number of facets of data quality (e.g. consistency, accuracy, and completeness), the challenges of bringing in 'new data', the problems and 'costs' created by poor data, tests for identifying data errors, and how they are dealing with new alternative data sources.

Moderator:

Andy Nybo, Director, Burton-Taylor

Panelists:

Roger Fahy, VP and COO - CGS, S&P Global

Ellen Gentile, Vice President Data Steward, Sumitomo Mitsui

Ashok Kumar, Vice President , Voya

John Yelle, Executive Director, DTCC

5:20 p.m. - 5:30 p.m.

FISD Update

Presenter:

Tom Davin, FIA, Managing Director, FISD