Event Overview

Welcome to the Conference of the World Forum of Central Securities Depositories. This year the event was held online across three days between 30 May and 1 June, and below in the agenda section you will find details on further topics that were explored.

Key Themes

CSD engagement in Sustainable Development

Facilitating cross-border investment flows

Technology Vision for FMIs

Business optimisation and the ways to scale up a CSD

Settlement cycle

WFC2022 - The Event

Speakers included

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Lieve Mostrey

Chief Executive Officer,
Euroclear Group

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Michael C. Bodson

President and Chief Executive Officer,
Depository Trust & Clearing Corporation

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Stephan Leithner

Member of the Executive Board of Deutsche Börse AG, responsible for Pre & Post-Trading

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Ulrich Bindseil

Director General, Market Infrastructure and Payments,
European Central Bank

Agenda

You can view the agenda in your preferred time zone by selecting it from the list below.
Day 1
2022-05-30
Day 2
2022-05-31
Day 3
2022-06-01
11:00 - 11:05
Opening Remarks for WFC2022
Opening Remarks for WFC2022 image
Anna Kulik
Secretary General, ECSDA
11:05 - 11:10
Introductory Address
Introductory Address image
Mark Gem
Chair of the Board, ECSDA and WFC; Chairman of the Clearstream Risk Committee
11:10 - 11:30
Keynote Speech
Keynote Speech image
Robert Ophèle
President, Autorité des Marchés Financiers
11:30 - 12:15
Session 1 – Capital markets and CSD engagement in Sustainable Development

This panel will allow CSDs to elaborate on their ESG projects and discuss with the government representatives their engagement on ESG and sustainable development goals. The speakers will also discuss the role of CSDs in helping to facilitate the flows of international investment capital in line with ESG objectives.

Session 1 – Capital markets and CSD engagement in Sustainable Development image
Avi Ghosh (Moderator)
Head Global Marketing and Communication, SIX Digital Exchange
Session 1 – Capital markets and CSD engagement in Sustainable Development image
Olga Cantillo
Executive Vice-President & CEO, Latin American Stock Exchange (Latinex)
Session 1 – Capital markets and CSD engagement in Sustainable Development image
Julie Wang
Senior Vice President, Head of Fund & Global Services Department, Taiwan Depository & Clearing Corporation (TDCC)
Session 1 – Capital markets and CSD engagement in Sustainable Development image
Paul Symons
Chief Sustainability Officer and Group Chief of Staff, Euroclear
Session 1 – Capital markets and CSD engagement in Sustainable Development image
Sara Lovisolo
Head of Group ESG, Euronext
12:20 - 12:35
Keynote Speech
Keynote Speech image
Javier Hernani Burzako
Head Securities Services, SIX
12:35 - 13:35
Session 2 – CSD role in facilitating cross-border investment flows and attracting foreign investors

The panel will discuss the impact of the cross-border activity of CSDs on the local and global economies.

Session 2 – CSD role in facilitating cross-border investment flows and attracting foreign  investors image
Philip Brown (Moderator)
CEO, Clearstream Holding AG
Session 2 – CSD role in facilitating cross-border investment flows and attracting foreign  investors image
Attila Toth
Principal, Equity and Capital Market Infrastructure, Capital Markets Development Team, EBRD
Session 2 – CSD role in facilitating cross-border investment flows and attracting foreign  investors image
Kevin Sampson
President, CDS
Session 2 – CSD role in facilitating cross-border investment flows and attracting foreign  investors image
Sudip Chatterjee
Head of Global Capital Markets, Euroclear
Session 2 – CSD role in facilitating cross-border investment flows and attracting foreign  investors image
Özkan İlkay Kızıltoprak
Executive Vice President, MKK
Session 2 – CSD role in facilitating cross-border investment flows and attracting foreign  investors image
Sarah Taranweh
Chief Executive Officer, Securities Depository Center of Jordan
14:00 - 15:00
Session 3 – Global regulatory convergence on CSD-related matters

The panel will discuss the importance of cross-border convergence in post-trade, current externalities of national legislations and principal post-trade areas where the global convergence would be beneficial for deeper global integration of capital markets.

Session 3 – Global regulatory convergence on CSD-related matters image
Guillaume Eliet (Moderator)
CEO, Euroclear ESES, ECSDA Vice-Chair
Session 3 – Global regulatory convergence on CSD-related matters image
John Siena
Associate General Counsel, Brown Borthers Harriman
Session 3 – Global regulatory convergence on CSD-related matters image
Gesa Johannsen
EMEA Head of CCM and Global Head of Product Strategy, BNY Mellon
Session 3 – Global regulatory convergence on CSD-related matters image
Takeshi Shirakami
Deputy Head of Secretariat, CPMI
Session 3 – Global regulatory convergence on CSD-related matters image
Juan Carlos Alfaro
Deputy Superintendent for Capital Markets, Financial Governement, Colombia
15:15 - 16:15
Session 4 – Market infrastructure developments in the regions
Session 4 – Market infrastructure developments in the regions image
Jasmine Ma
Secretary, ACG
Session 4 – Market infrastructure developments in the regions image
Abdulla Jaffar Abdin
Chief Operating Officer, Bahrain Clear, Chairman, AMEDA
Session 4 – Market infrastructure developments in the regions image
Anna Kulik
Secretary General, ECSDA
Session 4 – Market infrastructure developments in the regions image
Bruce Butterill
Executive Director, Americas' Central Securities Depository Association (ACSDA)
Session 4 – Market infrastructure developments in the regions image
Arman Melkumyan
Secretary, AECSD
16:15 - 16:30
Keynote Speech
Keynote Speech image
Manmohan Singh
Senior Financial Economist, IMF
16:30 - 16:35
Closing remarks for the live stream discussions for Day 1
16:35
Replay of the keynote speech and the 1st panel of the day
11:00 - 11:15
Opening remarks for Day 2

Topic: Setting the vision on the use of technology by the financial industry

11:15 - 12:15
Session 5 – New technologies at the service of CSDs

The panel will explore the use of innovative technologies and showcase CSD projects

Session 5 – New technologies at the service of CSDs image
Henri Bergström (Moderator)
Managing Director and Chairman, HTB Project Management FZE, Dubai UAE.
Session 5 – New technologies at the service of CSDs image
İbrahim Oral Emül
Business Intelligence, Data Governance & Corporate Solutions Director, MKK
Session 5 – New technologies at the service of CSDs image
Andreas Lundell
AVP Head of Product, CSD Technology, Market Technology, Nasdaq
Session 5 – New technologies at the service of CSDs image
Virginie O’Shea
Founder, Firebrand Research
Session 5 – New technologies at the service of CSDs image
Philip Slavin
Co-Founder, Chief Executive Officer, Taskize
Session 5 – New technologies at the service of CSDs image
Paolo Caniccio
Group Post Trade Technology CTO, Euronext Group
12:30 - 13:55
Session 6 – Challenges of creating a DLT market infrastructure

This panel will showcase the new and advanced market infrastructure DLT projects. Presenters will capture your attention with an eye-opening description of the brightest new projects and provide an update on the current phase and solutions to challenges of the previously presented DLT Market infrastructure endeavours. Presenters will be able to take questions from the audience.

Session 6 – Challenges of creating a DLT market infrastructure image
Steve Everett (Moderator)
Head Business Strategy & Innovation, TMX (Canada)
Session 6 – Challenges of creating a DLT market infrastructure image
Francisco Béjar Nuñez
Head CSD Services, SIX
Session 6 – Challenges of creating a DLT market infrastructure image
Angus Scott
Co-founder and Chief Executive, Artclear Ltd
Session 6 – Challenges of creating a DLT market infrastructure image
Inmaculada Navas
Head Legal and Compliance, SDX
Session 6 – Challenges of creating a DLT market infrastructure image
Jens Hachmeister
Managing Director - Issuer Services & New Digital Markets, Deutsche Börse
Session 6 – Challenges of creating a DLT market infrastructure image
Timothy Hogben
Group Executive, ASX
Session 6 – Challenges of creating a DLT market infrastructure image
Rahul Pratap Singh
Vice-President, NSDL (India)
14:15 - 15:15
Session 7 – Settlement of the cash leg of a securities transaction on DLT

The panel will discuss how to bring alternatives to the cash leg on the CSDs DLT platforms. What are the options available? What partnerships are needed and how to ensure the finality of DVP settlement on the chain and off the chain?

Session 7 – Settlement of the cash leg of a securities transaction on DLT image
Mark Gem (Moderator)
Chair, ECSDA and WFC Board
Session 7 – Settlement of the cash leg of a securities transaction on DLT image
Robert Palatnick
Managing Director and Global Head of Technology Research and Innovation, DTCC
Session 7 – Settlement of the cash leg of a securities transaction on DLT image
Vipin Y.S Mahabirsingh
Managing Director, Central Depository & Settlement Co. Ltd, CSD Mauritius
Session 7 – Settlement of the cash leg of a securities transaction on DLT image
Isabelle Delorme
Deputy CEO, Euroclear Belgium, Euroclear France, Euroclear Nederland
Session 7 – Settlement of the cash leg of a securities transaction on DLT image
Rhomaios Ram
Chief Executive Officer, Fnality
Session 7 – Settlement of the cash leg of a securities transaction on DLT image
Oliver Sigrist
Adviser, BISIH Bank for International Settlements Innovation Hub (BISIH)
15:30 - 16:15
Session 8 – Cyber Resilience

The panel will update the audience on the latest developments in FMI cyber resilience.

Session 8 – Cyber Resilience image
Nejib Zaouali (Moderator)
Chief Information Security Officer, Clearstream
Session 8 – Cyber Resilience image
Jim Micklethwaite
Director, Head of Operations, Thomas Murray Ltd
Session 8 – Cyber Resilience image
Jason Harrell
Managing Director and Head of External Engagement, DTCC
Session 8 – Cyber Resilience image
Manoj Sarangi
Senior Vice President & CISO, National Securities Depository Limited (NSDL)
Session 8 – Cyber Resilience image
Olivier Dazard
Head of Customer Security Programme Controls, Evolution and Engagement, SWIFT
16:15 - 16:20
Closing remarks for Day 2
16:20
Replay of the 1st panel of the day
10:45 - 11:00
Opening Remarks for Day 3
11:00 - 11:15
Keynote Speech
Keynote Speech image
Anthony Attia
Global Head of Primary Markets and Post Trade, Euronext
11:15 - 12:00
Session 9 – Expectations of stakeholders and cooperation with other market infrastructures

The panel discussion will focus on the evolution of the CSDs ecosystem, the needs of the CSDs stakeholders and how CSDs can align with those.

Session 9 – Expectations of stakeholders and cooperation with other market infrastructures image
Colin Parry (Moderator)
CEO, International Securities Services Association
Session 9 – Expectations of stakeholders and cooperation with other market infrastructures image
Abdulla Jaffar Abdin
Chief Operating Officer, Bahrain Clear, Chairman, AMEDA
Session 9 – Expectations of stakeholders and cooperation with other market infrastructures image
Nandini Sukumar
Chief Executive Officer, The World Federation of Exchanges
Session 9 – Expectations of stakeholders and cooperation with other market infrastructures image
Florence Bindelle
Secretary General, European Issuers
Session 9 – Expectations of stakeholders and cooperation with other market infrastructures image
Deborah Mercer-Miller
Head of Securities Services, Citi: Chair of the Association of Global Custodians
12:15 - 13:15
Session 10 – Business optimisation and ways to scale-up

This panel will speak about new CSD services (managing crowdfunding platforms, pension savings, consulting services, RegTech, SupTech, servicing new asset classes etc.), standardisation of market practices, cross-border optimisation

 

Session 10 – Business optimisation and ways to scale-up image
Jesús Benito (Moderator)
Head Domestic Custody and TR Operations, SIX
Session 10 – Business optimisation and ways to scale-up image
Javier Jara Traub
Head of Legal and Corporate Affairs, DCV; President, Americas’ Central Securities Depository Association (ACSDA)
Session 10 – Business optimisation and ways to scale-up image
Pierre Davoust
Chairman, Euronext Securities
Session 10 – Business optimisation and ways to scale-up image
Hanna Vainio
Chief Executive Officer, Euroclear Finland
Session 10 – Business optimisation and ways to scale-up image
Ekrem Arıkan
CEO and Board Member,MKK
Session 10 – Business optimisation and ways to scale-up image
Indars Ascuks
CEO, Nasdaq CSD
13:45 - 14:45
Session 11 – Settlement cycle and market efficiency

The panel will cover the questions of shortening the settlement cycle and speaking about the optimal settlement cycle for the markets. It will explore the efficiency gains as a result of the shortening of the cycle, the ways to get there, as well as the technology and the tools FMIs should use to enable it. The speakers of the panel include CCP experts, representatives of OTC markets.

Session 11 – Settlement cycle and market efficiency image
Alessandro Zignani (Moderator)
Head of Business Development, Euronext Securities Milan
Session 11 – Settlement cycle and market efficiency image
Wenhua Dai
Wenhua Dai, Chairman, Asia-Pacific Central Securities Depositories Group
Session 11 – Settlement cycle and market efficiency image
Prashant Vagal
Executive Vice President, NSDL
Session 11 – Settlement cycle and market efficiency image
Michele Hillery
General Manager of Equity Clearing and DTC Settlement Service, The Depository Trust & Clearing Corporation (DTCC)
Session 11 – Settlement cycle and market efficiency image
Andy Hill
Senior Director, International Capital Market Association (ICMA)
Session 11 – Settlement cycle and market efficiency image
Alexis Thompson
Head of Global Securities Services, BBVA
15:00 - 16:15
Session 12 – Vision for the Industry

The panel will explore the long-term view and major priorities of the top management of the leading post-trade infrastructures.

Session 12 – Vision for the Industry image
Kay Swinburne (Moderator)
Vice Chair of Financial Services, KPMG UK
Session 12 – Vision for the Industry image
Lieve Mostrey
Chief Executive Officer, Euroclear Group
Session 12 – Vision for the Industry image
Stephan Leithner
Member of the Executive Board of Deutsche Börse AG, responsible for Pre & Post-Trading
Session 12 – Vision for the Industry image
Michael C. Bodson
President and Chief Executive Officer, DTCC
Session 12 – Vision for the Industry image
Ulrich Bindseil
Director General, Market Infrastructure and Payments, European Central Bank
Session 12 – Vision for the Industry image
Javier Pérez Tasso
Chief Executive Officer, SWIFT
16:15 - 16:30
Presentation by the WFC 2023 Conference host
Presentation by the WFC 2023 Conference host image
Helena Čacká
Vice-Chairman of the Board, CSD Prague
Presentation by the WFC 2023 Conference host image
Ondřej Dusílek
Chief Executive Officer, CSD Prague
16:30 - 16:40
Closing Remarks for WFC Conference
16:40
Replay of the keynote speech and the 1st panel of the day
Select date to see events.

#WFC22

Organisers

Asia-Pacific CSD Group
The Asia-Pacific Central Securities Depository Group (ACG) was formed in November 1997 with the objective to facilitate the exchange of information and to promote mutual assistance among member securities depositories and clearing organizations in the Asia Pacific region.
Americas' Central Securities Depositories Association
Our purpose is to share information and experiences among our members, develop work and promote recommendations of best practices in securities deposit, clearing, settlement, efficiency and risk management, as well as assisting in the adaptation of securities market regulations and serving as a channel for dialogue with other organizations worldwide.
Association of Eurasian Central Securities Depositories
The Association of Eurasian Central Securities Depositories (AECSD) unites 16 Central Securities Depositories in 15 countries of the Eurasia region. The Association's mission is to provide a platform for sharing ideas for development and enhancement of depository operations, creating a common depository space, and integrating the CSDs – the AECSD’s members into the global securities settlement system.
The Africa & Middle East Depositories Association
AMEDA was established in April 27 2005, its first meeting was held in New York prior to the CSD8 conference. AMEDA is a non-profit organization comprised of Central Securities Depositories and Clearing Houses in AFRICA & The MIDDLE EAST . AMEDA's main purpose is to be a forum for the exchange of information and experiences among its members in a spirit of mutual cooperation and to promote best practice recommendations in services such as securities depository, clearance, settlement, and risk management. AMEDA's goal is also to support local markets in their efforts to adopt securities market regulations, while considering their specific circumstances and to serve as a dialogue channel with other organizations worldwide .
European Central Securities Depositories Association
ECSDA represents 40 national and international central securities depositories (CSDs) across 36 European countries. The association provides a forum for European CSDs to exchange views and take forward projects of mutual interest. It aims to promote a constructive dialogue between the CSD community, European public authorities, and other stakeholders aiming at contributing to an efficient and risk-averse infrastructure for European financial markets.
Asia-Pacific CSD group
ACSDA logo
AECSD logo
AMEDA logo
ECSDA Logo

Sponsors & Partners

Clearstream
Clearstream
Clearstream is an important player in the securities services industry with consistently high credit ratings. As an international central securities depository (ICSD) based in Luxembourg, we provide post-trade infrastructure and securities services for the international market and 59 domestic markets worldwide, with customers in 110 countries. As a central securities depository (CSD) based in Frankfurt, we also provide the post-trade infrastructure for the German securities industry offering access to a growing number of international markets. Throughout 50 years of listening to our customers and supporting global financial markets with our solutions we have evolved to become a global player at the forefront of our industry.
Euroclear
Euroclear
As a global provider of Financial Market Infrastructure (FMI) services, we help you to be more successful by making it easier for you to settle domestic and cross-border securities transactions and safekeep your investments. We also help you manage the risks and exposures arising from your transactions.
Euronext Securities
Euronext Securities
Euronext Securities is the Euronext CSD network connecting European economies to global capital markets. We provide secure and resilient settlement and custody solutions and a portfolio of services to support our clients along the entire value chain. At the heart of the market infrastructure, we offer market participants an improved experience by streamlining operations and processes across our CSDs, supported by our continuously evolving technology. We ensure that we meet our clients’ needs by combining our global reach with multi-local, European expertise.
Nasdaq
Nasdaq
Consistent with international standards, business conduct policies, and requirements, Nasdaq CSD Suite, operating as part of the Nasdaq Financial Framework (NFF) helps Central Securities Depositories effectively manage multiple business opportunities including Settlement, Depository, Registry and Asset Servicing. Specifically designed for CSDs and constructed for low cost-of-ownership and rapid delivery, the system is adaptable to multiple business models and changing market conditions. Nasdaq CSD Suite can be deployed on a standalone basis or integrated into an existing clearing environment. The solution seamlessly connects to third-party trading and clearing solutions via standard protocols and is tightly integrated with other Nasdaq market infrastructure systems.
SWIFT
SWIFT
The global provider of secure financial messaging services
TCS
TATA Consultancy Services
Tata Consultancy Services is a global leader in IT services, consulting & business solutions with a large network of innovation & delivery centers.
Thomas Murray
Thomas Murray
Thomas Murray helps our clients to achieve better compliance and risk management through its three divisions: Data, Monitoring & Analytics captures, processes and analyses intra-day data from banks, financial market infrastructures and capital markets, as well as providing advisory services. Clients include custodian banks, cash banks and institutional investors. Regulatory Solutions supports financial institutions exposed to European fund regulation such as AIFMD and UCITS V to mitigate their market and counterparty risk exposure. Clients include depositary banks, management companies, fund platforms and fund managers. Technologies provides data management technology to major financial institutions to facilitate counterparty monitoring and risk management. We are a team of c.100 analysts, consultants and technologists, based in London with a presence in the US, Canada, Colombia, Hong Kong and Australia. Thomas Murray people come from a variety of backgrounds, including rating agencies, investment banks, custodian banks, accounting firms, broker dealers and, of course, our graduates.

Sponsorship

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Sponsorship

If you are interested in sponsoring the 2022 edition of the World Forum of Central Securities Depositories Conference, please get in touch via the button below: 

Previous Sponsors included

Overview of 2021 Conference

Contact

If you are interested in discussing the programme or in finding out more about the sponsorship opportunities available, please contact Irina Bussoli at ECSDA at WFC2022@ecsda.eu

For more information on event logistics for WFC2022, please contact us using the details below.

WFC2022@forum-europe.com