Risk Management is a discipline guided by industry regulations, compelling events and quantitative measures. Today's Enterprise Risk Management (ERM) has three parallel and interlinked execution channels. Operational Risk Management addresses intra-day risk, anti-money laundering, litigation management, referential data integrity, perimeter security and heuristic-based network monitoring. Compliance addresses industry mandates such as HIPAA, GLBA, BASEL, SOX and FFEIC. Information Technology Governance handles identity and entitlements management, policy management, client data protection, cryptography, SOA governance, BCP and DR.

Since ERM is hard to manage in silos, the financial services firms have the awareness that all these execution channels should be equally efficient, sustainable, and institutionalized across their business units. Furthermore, each channel needs to share key risk information with the others just-in-time to pro-actively manage their respective domains of control.

In this WSTA session you will learn about the point solutions as well as integrated solutions to successfully deploy and correlate the three execution channels of ERM in your company.

8:00AM - 8:30AM Registration, Breakfast and WSTA Introductions

8:30AM-9:15AM Keynote – Risk Insider
“Adopting New Technology to Solve Age Old Problems that Never Seem to Go Away”
Finn Christensen, CEO & President
This presentation will address: Lessons learned, or lessons ignored? (a journey through ERM; historical ERM challenges; one size does not fit all (Sell Side versus Buy Side); what did we learn from Baring, Long Term Capital, Bayou, The Credit Crunch and Madoff? How do we measure progress? Then Technology’s role in the progress of market, credit, operational risk and compliance will be addressed to include: business problems and challenges; innovation of financial products; regulatory and compliance issues; evolution of risk technology; and solutions, trends and accomplishments – how does it all come together? Looking forward….The future of Enterprise Risk Management Technology – Can we finally solve the key business issues? New enabling technology and architecture(s); other competitive advantages; and the flexibility to handle regulatory, compliance, financial product innovation and internal business goals.

9:15AM-9:40AM
“ Success Is An Option”
Kevin Parker, VP and Chief Evangelist, Serena Software
When Gene Krantz wrote "Failure is not an option" we all could relate: in fact we all admired the fortitude, dedication and sheer determination that put a man on the moon 40 years ago. But have we become too obsessed with eliminating risk that we no longer entertain the possibility of reward? Over the past 3 decades the IT budget has been squeezed so tightly that all we hear now are the pips squeaking. If we can't find any more savings: then it is time to create value. The greatest opportunity that remains in IT is in changing the conversation with the business from "help me drive down cost" to "help me drive up value".

9:40AM-10:05AM
“Mitigating Risk through Business Service Management”
Atwell Williams , Solutions Architect – Office of the CTO, BMC Software
All IT Organizations have to deal with managing risk. If not properly managed and executed, virtually every IT function, process and activity can expose the enterprise to unnecessary risk. Despite a challenging economy and tight IT Budgets, CIOs still need to address and manage their risk requirements. Gaps and flaws in risk mitigation activities can result in:

• Regulatory/audit violations
• Security exposure
• Service quality and availability issues
• Business continuity deficiencies

Further, inefficient risk mitigation activities can be costly to the organization.

Risk management practices and procedures which are aligned to Business Service Management and encompass an integrated software solution can reduce the risk of business disruption, security and non-compliance issues and ensure corporate integrity, sustainability and profitability in a consistent, cost-effective manner. Attend this seminar to learn how to leverage IT Service Management principles to address the people, process, and technology aspects of Risk Mitigation.

Westin New York at Times Square
270 West 43rd St., New York, NY 10036

Finn Christensen
CEO & President
Risk Insider

Finn is the founder and CEO of Risk Insider, an advisory and management consultancy catering to the financial services sector and technology firms. He has over 20 years of experience in risk management, operations and trading technology on Wall Street and software vendors. Finn started his career with Credit Suisse First Boston and IBM. He later joined Fusion Systems Group, a leading consulting firm on Wall Street, where he became Principal and Managing Director for their trading and risk management practice globally. During that process he personally managed a number of high profile trading and risk management projects for some of the largest sell side institutions, investment banks, pension funds and hedge funds globally.

In addition, Finn was involved with Long Term Capital Management (LTCM) and two major US investment banks as well as the regulators during the famous blow-up and helped limit and control the serious systemic risk issues that arose in the weeks that followed. He has held senior executive positions with a wide range of risk management and trading software vendors. During that time he was responsible for managing the design and integration of enterprise wide risk management systems for some of the world's largest financial institutions.

Finn is a regular speaker at risk management conferences and seminars globally, including twice serving as Chairman of the Technology Thread at Risk USA. He is frequently quoted in the industry journals such as Risk Magazine, Derivatives & Risk Technology, Institutional Investor, and Risk Management and Operations.

Kevin Parker, VP and Chief Evangelist, Serena Software
A much sought after speaker; recognized around the world for his provocative and entertaining style. Kevin is a 30 year industry veteran, educated in the UK and now living and working in California. He is VP and Chief Evangelist at Serena Software where he develops technology strategy and direction.

Atwell Williams, Solutions Architect – Office of the CTO, BMC Software
Atwell Williams is a Solutions Architect within BMC’s Office of the CTO. Within the CTO office, Atwell focuses on ITIL and other Best Practice frameworks for improving IT Processes. In this role, Atwell spends a great deal of time consulting with customers on how best to derive value from their technology investments. Additionally, he works closely with the BMC development organization to ensure that BMC’s solutions continue to solve real-world customer problems. In both capacities, he brings a unique combination of IT process expertise (having served as an ITIL instructor and being ITIL Foundation, Practitioner, and Service Manager Certified) and real world IT experience having served in BMC’s internal IT organization as Director of Service Management.

Prior to joining the CTO office, Atwell was an ITIL Instructor and Education Manager within BMC Education Services group. In this role, he was responsible for educating external customers as well as internal BMC staff in the areas of IT Service Management (ITSM) and the IT Infrastructure Library (ITIL). As a member of BMC’s Thought Leadership Council, Atwell is a frequent speaker at industry conferences and BMC Customer Briefings and Forums. He has also published several whitepapers on the subject of IT Service Management (ITSM) and Continuous IT Service Improvement. Prior to his tenure in Education Services, Atwell was the Director of IT Service Management within BMC Software’s IT department and was responsible for assuring the overall performance, availability, security, and recoverability of BMC Software Inc.'s internal production applications.

Prior to joining BMC Software in January of 2002, Atwell was a partner with PricewaterhouseCoopers (PwC), were he spent 13 years focused on delivering IT infrastructure and process design and development services to PwC’s numerous clients.

Atwell holds a Bachelor’s in Computer Science from the United States Air Force Academy in Colorado Springs, CO.