EFL Spring Conference 2011:
Financial System Stability – Can IT Infrastructure Contribute to a Solution?
February 22nd, 2011
Location: Casino, Campus Westend of Goethe University, Frankfurt am Main
Address: Grüneburgplatz 1, 60323 Frankfurt am Main, Germany
Financial system stability is closely related to IT applications in financial institutions and the underlying IT infrastructure (like communication and database systems), for instance on the realm of transactional systems. The IT and communication sphere has certainly contributed to the fast proliferation of the financial crises, but without appropriately using advanced IT applications, the sustained recovery of the stability of the financial system will not be feasible (one cannot imagine that, for example, new regulations will be executable without strengthening the transactional systems).
One important background of our conference is that regulators and market participants - on the operative level - still lack a macro perspective that is crucial to estimate systemic risks as precondition to provide the ability to assess global financial system stability. In this context, regulatory agencies as well as market participants depend on real-time information about the market players, products, and transactions. International information exchange for sure is not only a question of IT and communication. But again, without appropriate technical support, no schema to improve the transparency will work. Looking at the IT infrastructure, strategy options include rigging of running applications as well as the employment of innovative technology (e. g. cloud computing).
The EFL Spring Conference 2011 will focus on these challenges based on presentations and panel discussions structured as follows:
Preliminary Agenda
Financial System Stability - Can IT Infrastructure Contribute to a Solution?
Time | Agenda |
14:00 | Opening Remarks Prof. Dr. Wolfgang König, Chair, E-Finance Lab, Goethe University Frankfurt |
14:15 | Financial Stability, Systemic Risk, and Regulation Prof. Franklin Allen, Department of Finance, Wharton School, University of Pennsylvania |
14:45 | Cloud-Based Real-Time Processing of Security Master Data Carsten Dirks, CEO, Interactive Data Managed Solutions |
15:15 | Real-time Financial Securities Risk Management Dr. Valerie Bannert-Thurner, Executive Director, European Operations, FTEN |
15:45 | Coffee Break |
16:15 | Drivers and Consequences of Grid Assimilation in the Risk Management Process Prof. Dr. Roman Beck, Research Associate, E-Finance Lab, Goethe University Frankfurt |
16:45 | First Experiences with the Frankfurt Cloud Rolf Riemenschnitter, CTO, Deutsche Bank Prof. Dr. Clemens Jochum, Goethe University Frankfurt |
17:15 | Coffee Break |
17:45 | Financial System Stability - Can IT Infrastructure Contribute to a Solution? (Panel Discussion) Moderated by: Markus Heer, Managing Director, WM Data Service Participants: Hans-Jürgen Walter, Global Business Services, Industry Leader Financial Services, IBM Dr. Marcel Fratzscher, Head of International Policy Analysis Division, European Central Bank Dr. Udo Milkau, Director, DZ Bank Hubertus Gottschalk, Head of Corporate Security, Deutsche Telekom Prof. Dr. Wolfgang König, Chair, E-Finance Lab, Goethe University Frankfurt |
19:00 | Get Together |
For inquiries please contact our organizing team.
