PRMIA Zurich is happy to invite its members to

Reshaping the financial industry as a result of Basel III and other structural trends

Regulation will shape financial services over the medium term, taking up to 9% off RoE in most impacted industry segments, and altering the overall industry landscape. The new wave of regulation is highly complex, impacting most banking businesses and functional areas across geographies. We examine business and structural implications of regulation starting with an exploration of Basel III impact upon business economics and moving beyond this to consider market structure changes and disintermediation in some of the most impacted parts of the industry. Finally we consider the management challenge in reacting to the new world.

Time: June 27, 2011, 18.00-19.15
Location: Forum St. Peter, St. Peterstrasse 19, Zurich Map
Organizer: PRMIA Zurich

Registration: This event is free of charge but due to administrative reasons you are kindly requested to register electronically: Registration Link

Speakers and content:

Catherine V. Brown is Partner at Oliver Wyman Financial Services.

Catherine Brown is a London based Partner at Oliver Wyman Financial Services. Her focus is on corporate and institutional banking strategy and she leads the firms work on regulatory response. Since joining the firm, she has served a wide range of public and private sector clients, advising senior management of top banks in the industry on issues of strategic, operational and organisational nature. Prior to Oliver Wyman, Ms. Brown worked at Lehman Brothers within Fixed Income Structured Solutions and ALM advisory in a sales, and quantitative product development capacity; she began her career at Citigroup / Salomon Smith Barney within Global Investment Banking. Ms. Brown holds an MBA (high honours) in Finance from Columbia Business School, a BA magna cum laude in Mathematics and Economics from Macalester College, and an MSc in Operations Research from Columbia University School of Engineering.

Florian Herzog , Partner and CEO, swissQuant Group AG

Dr. Herzog holds a PhD from the ETH in Zurich. The swissQuant Group is a privately owned company incorporated 2005 in Zurich with clients in Switzerland, the United Kingdom, Germany and the US. The founding partners all wrote their doctoral theses in dynamic systems theory with specific applications to asset management, trading and capital markets. The swissQuant Group has close links with research at ETH and the University of Zurich and maintains a regular exchange of ideas with Cambridge (UK) and the University of British Columbia (Canada). By lecturing on stochastic processes and providing supervision for bachelor and master’s theses, as well as publishing research articles in international journals, swissQuant Group is positioned on the cutting-edge of the newest financial scientific initiatives with primary focus and emphasis on relevant real world applications.

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