Liquidity Management Summit
August 1-2, 2006 - Westin DFW Airport
Hotel Deadline - July 14th
Enhancing net interest margin has become an increasingly significant challenge. With pressure on loan and investment pricing, and a more sophisticated deposit clientele, just retaining your margin has become nearly impossible in the current competitive banking environment. As our business continues to take on a more complex nature and interest margins continue to fall, liability management continues to be a critical element in enhancing profitability. Understanding the balance in costs between asset-based and liability-based liquidity, knowing which funding sources make the most sense, and staying current on both liquidity and funds management issues from a regulatory perspective are important factors in knowing what makes sense for your institution.
Who Should Attend: This summit will benefit CEO's, CFO's and anyone responsible for risk management of community financial institutions.
3rd Annual Operations Compliance Summit
August 24-25, 2006 - Hilton Arlington Hotel
Hotel Deadline - August 3rdMore information Fee income from innovative deposit products is a significant source of profits in most banks, resulting in a higher profile for the operations side of the shop. With higher income comes greater regulatory scrutiny. In addition, the BSA/AML Examination Manual has now had a bit of a trial run. This conference will focus on the issues surrounding deposit products as well as the hot issues in BSA.
Topics Include:
Overdraft privilege best practices and pitfalls
BSA/AML examination issues
Information security issues
Stored value and payroll card issues
Check processing issues, including Check 21 warranties and remote capture opportunities
FACT Act Update
Who Should Attend: This summit will benefit anyone responsible for the operations and compliance departments of community financial institutions.
Advanced Bonds Analysis Summit
September 7, 2006 - Crowne Plaza Dallas near the Galleria
Hotel Deadline - August 23rd
Bond Analytics - A Hands-On approach to effectively utilizing the following tools: Relative Value Analysis, Yield, Average Life, Duration, Convexity, Total Return, OAS. After briefly defining each term, we will use Bloomberg to analyze different types of bonds with different tools to determine which tool works best with each bond type. We will also look at the assumptions each analytic tool uses.
Bloomberg Page Breakdown - Portfolio managers usually see Bloomberg pages from their broker before purchasing a bond so it becomes critical to understand what each page tells us and what assumptions affect the results. We will cover every piece of information on the most common Bloomberg pages such as Security Description, Yield Table, Option Adjusted Spread, GRADE and FFIEC High Risk Security Test.
Recent Regulatory Issues - Issues to be discussed include pronouncements pertaining to options risk and other than temporary impairment.
Active Portfolio Management - Utilizing everything discussed during the workshop, we will analyze sample investment portfolios and determine the strengths and weaknesses of each. We will see how to make relative value decisions between and among various alternatives using the tools and techniques previously discussed. We will then develop a written investment strategy to implement any necessary changes. The session will also focus on the integration of the investment portfolio into the overall Asset/Liability Management structure of the bank.
Bond Types - What are the characteristics of each type of bond including Treasury, Agency, Municipal, Corporate, MBS and CMO. We will discuss the risk/reward relationship of each type and determine which bonds perform best in various interest rate environments. For each sector, we will use Bloomberg to do a detailed pre-purchase analysis on several live bond offerings and determine which one we would buy today.
Who Should Attend: This summit was created for presidents and CFOs who feel they need a review or for assistants who help with the portfolio, but have never had the opportunity to be exposed to bond education.
