SCI's Capital Relief Trades Seminar

16 & 17 October 2024
London

Join SCI for the 10th Annual Capital Relief Trades Seminar

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Platinum Sponsor


Gold Sponsor


Silver Sponsor


Exhibitor


Agenda

  • Day 1 – 16th October
    08:00 - 09:00
    Registration Opens
    09:00 - 09:10
    Welcome Note & Opening Remarks
    09:10 - 09:40
    keynote Address
    09:40 - 10:30
    Setting The Scene
    10:30 - 11:20
    North American Issuance Dynamics – The Way Ahead?
    • • US vs. European Practices: Explore the divergence between US and European market practices and its impact on issuance dynamics.
    • • Regional Bank Progress: Learn about the progress regional banks are making in the SRT market, with a focus on auto SRT transactions and other asset classes.
    • • Market Stability Post-SVB: Discuss the market's stability 18 months after the fall of SVB.
    • • -CLN Structures: Compare direct CLNs and SPV CLNs to determine which structure may dominate in the future.

    • Panel Includes:
      Jeffrey Krohn, Guy Carpenter (Moderator)
      Angela Ulum, Mayer Brown
      Terry Lanson, Seer Capital
    11:20 - 11:40
    Networking Break
    11:40 - 12:30
    Unfunded SRT
    12:30 - 13:30
    Lunch & Networking Break
    13:30 - 14:20
    Balance Sheet optimisation – A Regulatory Perspective
    14:20 - 15:10
    SRT Relative Value
    15:10 - 15:30
    Networking Break
    15:30 - 16:10
    Basel 3.1 Workshop – An Issuer Perspective
    • • Structural/Regulatory Issues: Compare and contrast the issues as they apply to different asset classes.
    • • Case Study: Review a case study on capital management impacts and strategies for real assets books.
    16:10 - 17:00
    Challenges and Innovations – An Investor Perspective
    • • Market Preparedness: Discuss preparations for significant losses and stresses in the CRE sector.
    • • Market Liquidity: Address the illiquidity of the market and the need to diversify the investor base.
    • • Pricing: Evaluate whether risk is properly priced in SRT deals.
    • • Innovations: Explore recent innovations that benefit the buy-side, such as back leverage.

    • Panel Includes:
      Leanne Banfield, Linklaters (Moderator)
      Alastair Pickett, Chenavari
    17:00 - 17:20
    Networking Break
    17:20 - 18:10
    Skills Gap
    • • Talent Shift: Analyse the impact of the sell-side brain drain to the buy-side on the SRT market.
    • • Talent Development: Discuss where new talent is coming from and how it is being developed.
    • • Skillset Requirements: Identify the characteristics required in an SRT skillset.
    • • Recruitment Trends: Explore recent recruitment trends in the industry.
    • Panel Includes:
      Christopher Leonard, Clifford Chance (Moderator)
      Artem Chernovolenko, Barclays
    18:10 - 19:10
    Cocktail Reception
  • Day 2 – 17th October
    07:30 - 08:30
    Registration Opens
    08:30 - 08:40
    Welcome Note & Opening Remarks
    08:40 - 09:40
    Women in Risk Sharing 
    • Policing the boundaries: protecting work/life balance
    • In the securitisation market, the transactional nature of the work – commonly involving long hours and tight deadlines - creates challenges, especially for women with young families. What can the industry do to improve work/life balance as a whole? Women’s views are often marginalised, and their perspectives, ambitions and needs not taken into account. How can an effective dialogue be created in this context?
    09:40 - 10:00
    Networking Break
    10:00 - 10:50
    Hot Spots
    • • New Jurisdictions: Explore opportunities arising from the adoption of SRT by Nordic and Benelux banks following Basel 3.1 implementation.
    • • New Asset Classes: Explore which asset classes are set to provide opportunities in the coming year.
    • • ESG: Discuss the role of synthetic securitisation in supporting ESG and digital transitions.

    • Panel Includes:
      Jonas Backlund, Revel Partners
      Niklas Thulin, DNB
      Thomas Lupbrand, EIF
    10:50 - 11:40
    Emerging Markets showcase
    11:40 - 12:00
    Networking Break
    12:00 - 12:40
    New Entrants Workshop – An Arranger Perspective
    • • First-Time Issuers: Learn how first-time issuers should approach the SRT market.
    • • SRT Challenges: Discuss the complexity, data quality and infrastructure challenges in the SRT market.
    • • Disclosures and Ratings: Understand what investors require from pool disclosures and ratings versus what banks are willing to provide.
    • • Market Standardisation: Explore whether market terms are beginning to standardise.
    • Alan McNamara, Howden
    12:40 - 13:40
    Lunch & Networking

Speakers


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