Conference Program


Sunday, May 6, 2018


7:00AM – 7:30AM
BAFT Golf Shotgun Tournament Breakfast
Cart Staging Area


7:30AM – 12:30PM
BAFT Annual Golf Shotgun Tournament
New Course


10:00AM – 12:00PM

New! BAFT Outdoor Wellness Activity
Lakeside Casita

A new alternative casual networking event before the conference programming begins! Join your colleagues and fellow attendees for an hour of yoga session and/or kayak around the lake. Minimal fee required to participate.

12:00PM – 6:00PM
BAFT Registration Open
Grand Cypress Foyer


11:00AM – 6:30PM
Bilateral Meetings and Networking
The Annual Conference has been an excellent venue to network with peers, colleagues and clients. We recognize this need and have exclusive times during the conference dedicate for bilateral and small group meetings.We request attendees to conduct meetings strictly during these times, or before/after the general session programming each day.

Access to meeting rooms and suites is a benefit of sponsorship. Rooms are limited and on a first come, first serve basis. If you are interested in reserving a room, please contact Nancy Monahan at nmonahan@baft.org or at 202-663-5530.

6:30PM – 7:30PM
Opening Night Reception
Grand Cypress Foyer

Sponsored by Deutsche Bank


7:30PM – 10:00PM
Opening Night Dinner | Featuring the 2018 Future Leaders Class Graduation Ceremony
Grand Cypress D-F

BAFT recognizes and support the need to invest in the next generation of banking leadership. While individual institutions invest in leadership development for high potential employees, the mission of the BAFT Future Leaders Program is to engage future leaders in solving common industry challenges.

Sponsored by BNY Mellon


Monday, May 7, 2018


6:30AM – 7:45AM
BAFT 5th Annual Run/Walk
Gather at the Grand Cypress Patio Area


7:15AM – 8:30AM
Networking Breakfast
Grand Cypress G-I


Sponsored by UBS

7:15AM – 5:00PM
BAFT Registration Open
Grand Cypress Foyer


8:30AM – 8:50AM
Welcome
Grand Cypress D-F


Speakers

              Kimberly Burdette
              Chairman of the Board, BAFT
              SVP and Manager, International Financial Institutions
              PNC Bank NA

               Amy Sahm
               Conference Program Co-Chair
               Senior Vice President and Manager, International Group
               Fulton Financial Corporation

               Nick Smit
               Conference Program Co-chair
               Managing Director and Head of FI- North America
               ING Bank NV

               Tod Burwell
               President and CEO
               BAFT

8:50AM – 9:10AM

BAFT Global Update
Grand Cypress D-F


Speaker


            Tod Burwell
            President and CEO
            BAFT


9:10AM – 9:40AM
Keynote Address
Grand Cypress D-F


Keynote Speaker

                         Chris Campbell
                         Assistant Secretary for Financial Institutions
                         U.S. Department of Treasury

9:40AM – 9:50AM
Nominating Committee
Grand Cypress D-F


Presenter

             John Ahearn
             BAFT Chair, Nominating Committee
             Global Head of Trade
             Citi

9:50AM – 10:20AM
Geopolitics – The Weaponization of Trade
Grand Cypress D-F

With the prospect of a looming trade war between China and the US, the pressures on the global trading system have intensified. This presentation looks at the conflict between economic nationalism and a global trading system that has relied on multiculturalism over the past 30 years.  The use of trade as a vehicle for achieving strategic national objectives tips trade towards politics rather than in economics and finance where it belongs.

Speaker

            Dr. Rebecca Harding
            Independent Trade Economist
            CEO, Coriolis Technologies

10:20AM – 10:40AM
Morning Coffee Break
Grand Cypress Foyer


Sponsored by Societe Generale

10:40AM – 11:10AM
Strengthening Global Growth – Implications for the US Dollar
Grand Cypress D-F

The US dollar is facing a double threat represented by a long term, secular trend appreciation that is looking long in the tooth (and therefore prone to reversal) as well as an improving global economic climate that may compel investors to allocate more capital to growing economies in Europe and Asia. What implications can we draw for the dollar from the changing global environment and what does it mean for the US business sector?

Speaker

            Shaun Osborne
            Managing Director & Chief Currency Strategist
            Scotiabank

11:10PM – 12:10PM
Next Generation Payments Landscape and Potential Disruption
Grand Cypress D-F

What’s the current status/progress that has been made by new and potentially disruptive players? This session will compare and contrast views of the market from the Canadian and US perspectives, summarize the various real-time payment initiatives underway, and highlight current opportunities and threats.

Moderator

              Stephanie Wolf
              Head of Global Financial Services
              Company Transaction Services Sales
              Bank of America Merrill Lynch

Panelist

             Marjan Delatinne
             Global Head of Banking
             Ripple                              
      
             Kenneth Wong
             Head of GTB Product Strategy and Innovation
             TD Bank
 
           
12:10PM – 12:50PM
Future Leaders Project Presentation Part 1: Cybersecurity, Threats and Defenses and Big Data and Artificial Intelligence.
Grand Cypress D-F

The Future Leaders Program project teams worked to address common challenges faced across transaction banking.  The first of two project teams will provide a summary of their findings and recommendations for the industry.

Project Team:
Cybersecurity, Threats and Defense

Project Team:

Big Data and Artificial Intelligence

12:50PM – 2:00PM
Lunch and Learn
Grand Cypress G-I

Enjoy lunch with your peers or have lunch at one of the special tables to discuss hot topics in the industry with experts in the field in an informal setting. Each table of 10 will cover one industry topic of interest. Seats are limited and on a first-come, first-served basis. If you have not reserved your seat, please sign up to join a table at the BAFT registration desk. See below for table topics.


Lunch and Learn Table 1

Payment Fraud Detection and Prevention: What Banks and Financial Institutions Need to Know
Learn about how high value payments networks have been compromised in order to effect fraud across wire rooms and correspondent banking operations, then take a deep dive into how artificial intelligence including natural language processing and machine learning techniques can address this clear and present risk.

Hosted by Pelican

Lunch and Learn Table 2
Guarantees/SBLCs Blockchain: Moving from POC to Commercialisation

A shared ledger, which could be relied on as the single source of truth for the existence and status of a bank guarantee, could resolve physical documentation management challenges, tracking and reporting issues, while acting as a catalyst for standardisation. In an ecosystem where three parties (i.e. the importer, the bank, and the exporter) participate in the creation, management and expiry of a common instrument, a blockchain solution could provide the optimal medium for facilitating the necessary flow of information, while balancing the competing needs of transparency and confidentiality.

Hosted by ANZ

Lunch and Learn Table 3
In Search of Efficiency: How Intelligent Process Automation Will Transform Trade Banks

In a drive to maximize efficiency within trade banks, the industry has begun embracing elements of intelligent process automation, including artificial intelligence, robotic process automation, machine learning, and natural language processing. Banks and FinTechs are combining these new technologies in innovative ways, creating new services from chatbots to intelligent data capture platforms. These innovations are also being leveraged for “RegTech” solutions, like the automation of red flags during a transaction and reduction of false positives using artificial intelligence. How is your bank taking advantage of these burgeoning technologies and what impact do you think they will have on the trade finance landscape?

Hosted by CGI


2:00PM – 6:00PM
Special Interest Workshops
Regency Hall

Join subject matter experts during these special interest topics affecting the industry today. Workshops are smaller in size for an interactive dialogue between the speakers and attendees.


2:00PM – 2:50PM
Untapped Revenue Potential in Global Payments

An educational discussion on how regional banks can access untapped revenue sources via global payments using technology and information. In addition, learn some techniques to help you become a payments expert in your region and compete for business with the “big boys.” These techniques will help you to stay relevant and grow your relationships with clients. Finally, we will discuss big-picture trends and new developments in global payments.

Panelists

             Byard P. Bridge, Jr.
             SVP, Global Payment Sales
             INTL FCStone

             Sue-Ellen Speight
             SVP, Global Payment Sales
             INTL FCStone

             Katherine Mueller
             VP, Global Payment Sales
             INTL FCStone

Hosted by INTL FCStone

3:00PM – 3:50PM
Payments in Seconds: Enabling the Internet of Value
This session will feature a live interactive demo followed by an open Q&A.

Speakers

             Priya Pandit
             Director of Client Solutions
             Ripple

             Jinal Surti
             Director of Product Marketing
             Ripple
 
 Hosted by Ripple

4:00PM – 4:50PM
University of Washington’s Global Bankers Program (UW-GBP)
Learn how this two-week academically rigorous and highly topical program in Seattle and San Francisco can provide relevant development opportunities for high potential bankers from around the globe.

Speaker
        
           Jean Choy
           Associate Dean of Executive Education and International Initiatives
           UW Foster School of Business
   
Hosted by UW Foster School of Business


5:00 PM - 6:00 PM
DLT and Trade Finance: Reports from the BAFT Innovation Council Working Groups

Catch up on the progress of the Distributed Ledger Payment Commitment (DLPC) Working Group, which is developing technological and business best practices for the implementation of an interoperable DLPC building block. Then hear from the Master Risk Participation Agreement (MRPA) Smart Contract Working Group about the benefits and main functionalities of an MRPA smart contract on the distributed ledger.

Distributed Ledger Payments Commitments Working Group Report

Speaker

           Kittredge Carswell
           Vice President, Trade and Supply Chain
           CGI Group

           Ranga Krishnan
           Vice President, Technology
           Skuchain

Master Risk Participation Agreement Smart Contract Working Group Report
       
Speaker

            Sead Muftic
            Chief Executive Officer
            BIX Security Corporation


2:00PM – 6:00PM

Bilateral Meetings and Networking
The Annual Conference has been an excellent venue to network with peers, colleagues and clients. We recognize this need and have exclusive times during the conference dedicate for bilateral and small group meetings. We request attendees conduct meetings strictly during these times, or before/after the general session programming each day.

Access to meeting rooms and suites is a benefit of sponsorship. Rooms are limited and on a first come, first serve basis. If you are interested in reserving a room, please contact Nancy Monahan at nmonahan@baft.org or at 202-663-5530.


6:00PM – 7:00PM
Networking Reception and Awards Event
Cypress Point

Relax and unwind as you network with your colleagues and clients. The annual golf and fun run/walk winners will be announced during this event.



Tuesday, May 8, 2018


7:00 AM – 8:30AM
Networking Breakfast
Grand Cypress G-I

Sponsored by HSBC

7:00 AM – 5:00PM
BAFT Registration Open
Grand Cypress Foyer


8:30 AM – 8:40 AM
Welcome
Grand Cypress D-F


Speaker

          Tod Burwell
          President and CEO
          BAFT


8:40 AM – 9:25 AM
The Outlook for the North America Economy
Grand Cypress D-F
The U.S and the world have been historically slow recovery for the ten years since the end of the Great Recession, but change is in the air. New pro-growth policies have spurred optimism in both consumers and business, and the economy is starting to break out of its slow-motion grind. However significant demographic and workforce challenges are likely to keep growth from returning to levels seen in previous recoveries. The Canadian economy was the strongest in the G - 7 last year. Although growth is expected to cool somewhat in 2018, the economy remains solid except for the nagging risk of a housing bubble. The presentation will examine developments in consumption, housing, manufacturing, trade and employment, and what effects the Administration's policies could have.

Speaker

          
Dan North
          
Chief Economist
          
Euler Hermes North America


9:25AM – 10:15 AM
Trade Finance Bank Report Card: The Client’s Perspective
Grand Cypress D-F

A view on the state of trade, covering topics ranging from geo-political activities and risk mitigation tools to driving efficiencies and tax law changes, from the client's perspective.


Moderator     
  
                               
             John Ahearn                       
             Global Head of Trade
             Citi

Panelist

             
Doug Gerstle
             
Assistant Treasurer
              The Procter & Gamble Company 

              Robert Mermelstein
              Director/Treasurer
              Amcor Limited 


10:15AM – 10:35AM
Morning Coffee Break
Grand Cypress Foyer

Sponsored by BNP Paribas

10:35AM – 11:15AM
Financial Regulatory Reform: Challenges and Opportunities for FI Coverage
Grand Cypress Foyer

Both the Basel Committee and the Treasury Department are once again looking at regulatory updates and reforms. The reforms are both a challenge to banks but also an opportunity. What are the latest developments with the regulatory reforms in the USA? What will the implications be for foreign banks operating in the USA? How will that impact the regional banking community? What would it mean for liquidity management across the banking sector? What are the implications for debt capital markets? Where are we with the latest update of the Basel rules? Will this have a disproportionate impact for the foreign banks? What implications does this have for FI coverage more generally?

Speakers

            April Frazer
            Managing Director, Global Head of Banks
            Financial Institutions Group
            Wells Fargo & Company

            Gerald Walker
            CEO, ING Americas
            ING


11:15 AM – 12:05 AM
Payment Icebergs and Mountains - What's Beneath the Surface or Above the Clouds?
Grand Cypress D-F
What “om” is to yoga, “transparency” has become to payments.  It is our beginning and our end, the sound of our universe.  In this session, our esteemed panel of payment professionals will review the newest changes to the compliance landscape, including the new BAFT FATF Guidance, the impact of the new European PSD2, FTR and GDPR protections, and other regulatory changes that impact all of our businesses, both domestic and international.

Moderator

            Vinay Prabhakar
            Head of Market Strategy, Payments
            Finastra

Speakers

          
Maura Liconte
           Deputy Head of Financial Crime Investigations
           Deutsche Bank

           Gary Stein
           Deputy Assistant Director of Cards, Payments, and Deposits Markets
           Consumer Financial Protection Bureau


12:05PM – 12:45PM

Future Leaders Project Presentation Part 2: Respondents' Playbook and Transaction Banking Recruitment
Grand Cypress D-F

The Future Leaders Program project teams worked to address common challenges faced across transaction banking.  The other two project teams will provide a summary of their findings and recommendations for the industry. The first of two project teams will provide a summary of their findings and recommendations of the industry.

Project Team:
Respondent's Playbook

Project Team:
Transaction Banking Recruitment

12:45PM – 2:00PM

Lunch Keynote Address

Speaker

             Anthony Phillipson
             British Consul General, New York
             Her Majesty's Trade Commissioner for North America

Sponsored by PNC Bank

2:00PM – 6:00PM
Special Interest Workshops
Regency Hall 1

Join subject matter experts during these special interest topics affecting the industry today. Workshops are smaller in size for an interactive dialogue between the speakers and attendees.     


2:00PM – 2:50PM
Intelligent Trade Data Digitization, and Effective Trade Based Money Laundering Prevention using AI & NLP

Workshop will cover practical use cases of digitization of trade documents to undertake intelligent data matching between the different instruments, then progressing on to applying global Red Flag indicator checks for Trade Based Money Laundering (TBML) on the digitized data. Speakers will discuss the role of technological advancements such as artificial intelligence, machine and self-learning, and robotics to increase data quality, along with document digitization capability by combining natural language processing with optical character recognition tools. The session will look specifically at intelligent TBML checks such as dual used goods, vessel tracking, invoice and trade document matching, embargo country checks and more.

Speaker

            Rajiv Desai
            SVP Head of US Operations and Sales
            Pelican
           
Hosted by Pelican


3:00pm - 3:50pm
Driving Innovation in Corporate Payments with Open Banking and Real-time Payments

Today’s competitive landscape is changing at a rapid pace, causing banks to rethink their business models to meet customer demand for instantaneous, digitally connected payment services. Innovations in APIs and the launch of real-time payments are transforming person-to-person payments. But how can banks capitalize on these innovations to deliver connected banking services to their corporate clients as well? Participate in a discussion with industry expert Daniel Bendersky on how banks can seize the opportunity to modernize their corporate banking infrastructure, and experience first-hand a demonstration of these capabilities.

Speaker

           Daniel Bendersky
           Head of Transaction Banking Presales
           Finastra

 Hosted by Finastra


4:00pm - 4:50pm
How FinTechs and Banks are Working Together To Help Global Treasury Teams Manage Cross Border Payment

In an ever changing global landscape, Flywire is working alongside partner banks such as Commerce Bank to help global treasury teams manage and grow their international customer base. Please join us as to learn how collaboration between FinTechs, banks, and corporate treasury teams is more important than ever.

Speaker

           Nick Rocco
           Account Executive
           Flywire



Hosted by Flywire


5:00PM – 5:50PM
I-SO-What!  Millions of Dollars in Investment, Countless Hours of Deliberation, over 12 years in the Making, For What?  
This session will bring together industry experts to discuss the pros and cons of this payment standard, how SWIFT plans to rope together the many independent country-specific developments into harmonious accord, and explore several proposed options for bringing the standard to life.

Moderator

              Rajiv Desai
              SVP Head of US Operations and Sales
              Pelican

Panelists

            Jim McDade
            Head of Product Management
            The Clearing House

            Bernd Waizenhoefer
            Head of USD Clearing and Commercial Payments
            Deutsche Bank

2:00PM – 6:00PM

Bilateral Meetings and Networking
The Annual Conference has been an excellent venue to network with peers, colleagues and clients. We recognize this need and have exclusive times during the conference dedicate for bilateral and small group meetings.We request attendees conduct meetings strictly during these times, or before/after the general session programming each day.

Access to meeting rooms and suites is a benefit of sponsorship. Rooms are limited and on a first come, first serve basis. If you are interested in reserving a room, please contact Nancy Monahan at nmonahan@baft.org or at 202-663-5530.


6:00PM – 7:00PM
Networking Reception
Grand Cypress Portico


7:00PM – 10:00PM
Gala Dinner
Grand Cypress D-F
Gala dinner is open to all conference attendees.

Hosted by Standard Chartered Bank


Wednesday, May 9, 2018

7:15AM – 8:30AM
Networking Breakfast
Grand Cypress G-I


7:15AM – 11:00PM
BAFT Registration Open
Grand Cypress Foyer


8:30AM – 8:45AM
Welcome
Grand Cypress E-F


Speaker

            Tod Burwell
            President and CEO
            BAFT


8:45AM – 9:15AM
Keynote Address

Grand Cypress E-F

Speaker

           Andrew P. Bateman
           President, Corporate Liquidity and Bank Treasury
           FIS

9:15AM – 10:15AM
The Future of Trade
Grand Cypress E-F

Are you optimistic about the direction of Trade?  This session will discuss diverse topics on where the banking industry's headed with respect to trade, including the role of DLT and other technological applications on trade, collaboration with non-banks FIS and provider institutions, new industry project initiatives like Project Wilson, and more.

Moderator

             Madhav Goparaju
             Senior Expert
             McKinsey & Company

Panelists

           Nancy Amert
           Director, Trade Innovation Lab
           CGI

          Booshan Rengachari
          President & CEO
          Swapstech

          Joon Kim
          Global Head - Trade Product and Portfolio Management
          BNY Mellon


10:15AM – 11:15AM
Cybersecurity & Practical Approaches to Defense
Grand Cypress E-F

What keeps us up at night?  This session will provide an update on fraud landscape, discuss next generation fraud initiatives, best practices, strategic and tactical initiatives plus hear recommendations from participants and panel experts.

Moderator

               Prakash Santhana
               Managing Director
               Deloitte

Panelists

            Adam Bulava
            Executive Director, Cyber Exercises & Social Engineering
            JP Morgan Chase

           Rajiv Desai
           SVP Head of US Operations and Sales
           Pelican

           Brian Hansen
           Chief Technology Officer
           FS-ISAC


11:15AM
Closing Remarks
Grand Cypress E-F


Speakers

             Nick Smit
             Conference Program Co-chair
             Managing Director and Head of FI- North America
             ING Bank NV

             Tod Burwell
             President and CEO
             BAFT


11:30AM – 5:00PM
Bilateral Meetings and Networking

The Annual Conference has been an excellent venue to network with peers, colleagues and clients. We recognize this need and have exclusive times during the conference dedicate for bilateral and small group meetings. We request attendees conduct meetings strictly during these times, or before/after the general session programming each day.

Access to meeting rooms and suites is a benefit of sponsorship. Rooms are limited and on a first come, first serve basis. If you are interested in reserving a room, please contact Nancy Monahan at nmonahan@baft.org or at 202-663-5530




Post Conference Workshop: Financial Crime Compliance Workshop 2.0

A deeper dive discussion on two of the most pressing topics in Financial Crime Compliance today – Trade Based Money Laundering and Correspondent Banking. Workshop is intentionally planned to be smaller in size with limited seats to provide a more open and interactive discussion on the topics at hand.Separate registration required. Annual Conference attendees receive a significant discount off the workshop price.

    11:30AM – 12:15PM    Lunch
    12:15PM – 12:30PM    Welcome/ Workshop Overview
    12:30PM – 2:00PM      TBML
    2:00PM – 3:00PM        Correspondent Banking: AML Requirements
    3:00PM – 3:15PM        Networking Coffee/Tea Break
    3:15 PM– 4:15PM        Correspondent Banking: Clarification of Regulatory/Supervisory Expectations
    4:15PM – 4:45PM        Wolfsberg Customer Due Diligence Questionnaire Update
    4:45PM – 5:30 PM       Correspondent Banking: Tools and Best Practices
    5:30 PM                          Wrap-up/Closing