Agenda

Please Note: Agenda is subject to change.

Pre-Conference Roundtables

Sunday, November 4, 2018
11:30AM – 3:30PM

CRE and C&I Scoring and Analytics Practitioner Forum

11:30AM – 1:30PM

Part I: Commercial Real Estate Portfolios

  • Interactive discussion on CRE market landscape, trends, common challenges, and main goals and objectives for attending the MA Summit
  • Update on latest CRE innovations at Moody’s Analytics addressing challenges in risk scoring during pre-qualification, origination, monitoring, and regulatory driven reporting requirements
  • Practical applications and valuable strategies for CRE lending and portfolio management
1:45PM – 3:30PM

Part II: Commercial & Industrial Portfolios

  • Interactive discussion on latest C&I credit risk assessment practices, and main goals and objectives for attending the MA Summit
  • Update on latest C&I innovations at Moody’s Analytics driving new insights, technologies, and modeling techniques that will take risk analytics to the next generation
  • Best practices for identifying early warning risk trends and methods to optimize credit life cycle needs in a changing business environment
4:00PM – 7:00PM

Registration

6:30PM – 9:00PM

Welcome Reception & Dinner

Main Conference - Day 1

Monday, November 5, 2018
6:15AM – 7:30AM

5K Charity Run/Walk

6:15AM – 6:30AM

Registration/Check-In

6:30AM – 7:30AM

5K Charity Run/Walk

7:00AM – 8:30AM

Open Breakfast

8:30AM – 9:00AM

Welcome Address

9:00AM – 9:45 AM

Keynote Address: Becoming Future Ready: Four Pathways to Digital Business Transformation

Virtually every company is working on transforming their business for the digital era. Peter will share a map for digital transformation describing the capabilities, organizational explosions, risk issues and financial performance of Future Ready companies. He will then identify the four viable pathways to Future Ready and survey results from 1000 companies. He'll tell stories of several successful transformations in financial services with benchmarks of best practice and ask participants to assess where they are on their journey to being Future Ready.

Presented by: Dr. Peter Weill, Chairman & Senior Research Scientist, MIT Center for Information Systems Research (CISR)

9:45 AM – 10:00AM

Break

10:00 AM – 10:45 AM

Keynote Address: Feeling Good (For Now)

The economy is strong, and credit conditions are pristine.  Prospects through the end of the decade look good given the tight job market and massive fiscal stimulus juicing growth. However, the escalating trade war and Brexit are imminent threats, and the next recession is coming into view as fault lines appear in the shadow financial system.

Presented by: Mark Zandi, Chief Economist, Moody's Analytics

10:45 AM – 11:15 AM

Break

STREAMS
Hope is Not a Strategy:
A Guide to Preparing for New Financial Standards CECL & IFRS 9
Modern Risk Decision Making for the Current Credit Cycle:
How to Make Faster, Better Decisions
The Cohort of One:
The Principles and Practices of Risk Management in a Digital World
Man and Machine:
A New Frontier in Quantitative Analytics, Machine Learning, and Data Science
11:15AM 12:00PM
The Investor View:
What Markets Think About CECL
Questions regarding CECL impact and cost are now common to earnings calls for US banks. How does the research analyst  community think about the CECL impact on balance sheets, capital, and earnings?

Speakers:
Saul Martinez
UBS Investment Bank

Catherine Mealor

Keefe, Bruyette & Woods

Moderator:
Robby Holditch
Moody's Analytics


A Customer's Insight into Digital Transformation
From Private Firm Credit Models to Commercial Real Estate Risk Management to Credit Decisioning, are you utilizing a more complete product suite to enhance your origination and risk rating capabilities?

Hear one bank’s journey to integrate and utilize multiple products to enable their digital transformation . . .
    Speaker:
    Mary-Kathryn Dotzko
    TD Bank Financial Group
    What’s Around the Bend for CRE? The Economy, Market Fundamentals, and Valuation Considerations
    There is much talk about when the next recession might be, what might drive it, and warning signals to watch out for. Different property types and geographic markets are in varying stages of their respective business cycles, though affected by macro realities.

    In this session, we will discuss market fundamentals for specific property types and geographies, risks and opportunities inherent in each, and how quickly valuations and risks may change given a regime of rising interest rates.

    Speaker:
    Victor Calanog

    Reis
    What Works and What Doesn’t: Machine Learning and Artificial Intelligence Applied to Retail Credit Modeling
    We explore data-driven methods for retail portfolios and for bank financial statements more broadly.   We will look at machine learning and AI, and compare performance with traditional methods.

    We will consider three examples.  First we will consider a text-mining analysis of public Lending Club data and show that use of certain terms can be robustly associated with credit performance.  Next we will look at a large auto loan database drawn from the ABS sector and compare the performance of random forest analysis to traditional logistic regression.  Finally, we will consider unsupervised machine learning applied to bank call reports for the purpose of classification.

    Speaker:
    Tony Hughes
    Moody's Analytics

    12:00PM – 1:00PM

    Lunch/Lunch and Learn Roundtables

    Moody's Analytics Solutions & Best Practices
    1:00pM – 1:45pM
    Generating “Reasonable and Supportable” Scenarios for CECL Compliance and Beyond
    Don’t like any of the available off-the-shelf vendor scenarios? Want to incorporate internal management’s views on interest rates or house prices? Join us to learn how you can create CECL-compliant economic scenarios using your own custom assumptions. The scenarios will use the Moody’s Analytics theoretically-sound and fully-validated Global Macroeconomic Model.
    Speaker:
    Sohini Chowdhury
    Moody's Analytics
    Digital Innovation:
    Let Bankers Do More Banking
    Reinvent bankers work through automation, artificial intelligence, and data consolidation. Make mundane and labor intensive tasks a thing of the past, while concentrating on high-value activities to drive business growth.

    Speakers:
    Annie Choi
    Moody's Analytics

    Max O'Neill

    Moody's Analytics
    CECL’s Implications for Forecasting and Capital Planning
    The CECL standard introduces a significant uptick in the complexity of the calculations and analyses required for capital forecasts and allowances. This session will explore the importance of peer analysis in communicating the output of those complex calculations, and demonstrate the value of a systemic approach to the process.
    Speakers:
    Anna Labowicz

    Moody's Analytics

    Nihil Patel
    Moody's Analytics
    The Data Alliance: Share Data, Gain Insight, Take Action
    Join us to learn about the Data Alliance and how members gain actionable insights that can be used to improve their risk models, monitor their risk taking, and explore new business strategies.

    Speaker:
    Jamie Stark

    Moody's Analytics

    1:45pM 2:15pM

    Break

    2:15PM – 3:00PM
    What Does Reasonable and Supportable Mean for CECL?
    Being principles-based means the CECL standard has a level of unknowns related to the “reasonable and supportable” test for forward-looking information. In this session we will explore and share some techniques and approaches to prepare for meeting this requirement.

    Speakers:
    Sohini Chowdhury

    Moody's Analytics

    Cristian deRitis
    Moody's Analytics
    The Future is NOW
    (Part I): Leveraging Technology to Deliver Faster and Better Solutions to the Small Business Portfolio
    This panel discussion of industry leaders will focus on how digital transformation and leveraging emerging technologies can support expansion into new markets, help develop new approaches to making faster decisions, and expand your footprint through the use of data and advanced analytics.

    Speakers:
    Dan Flaningan
    Bremer Bank

    Rishi Gera
    Fundera

    Jeff Hunt
    First Home Bank

    Moderator:
    Michael Schwartz
    Moody's Analytics

    Positioning Your Firm for a Turn in the Credit Cycle
    In this session learn how to identify and leverage those early warning signs and risk trends that will help you optimize your portfolio in times of uncertainty.
    Speakers:
    Michael DeSanzo
    PNC Financial Services Group

    Colin Fernandes
    Fifth Third Bank

    Glenn Levine

    Moody's Analytics

    Moderator:
    Jim Sarrail
    Moody's Analytics
    Using Alternative Data in SME Credit Risk Assessment
    Join us to explore how “alternative” and non-financial data like trade line behavior, social media data, and location data can be used to enhance SME credit risk assessments.

    Speakers:
    Dinesh Bacham

    Moody's Analytics

    Janet Zhao
    Moody's Analytics
    3:00PM 3:30pM

    Break

    3:30PM – 4:15PM
    The New Loss Forecasting Framework:
    Meeting Multiple Objectives of CECL/
    IFRS 9, Stress Testing, and Portfolio Management
    Using a Canadian mortgage model, we will explore how a consistent model framework can help bring efficiency to the task of meeting multiple regulatory objectives.

    Speakers:
    James Partridge
    Moody's Analytics

    Mukhbir Singh

    Canada Mortgage and Housing Corporation
    The Future is NOW
    (Part II): Leveraging Technology for Quicker Credit Decisions and More Predictive Risk Analytics
    From AI/Machine Learning, Alternative Data Sets and Enhanced Customer Experience –in the world of credit and risk, all banks have to consider their ability to use all forms of media to determine credit worthiness. Financial institutions need to consider how to make quicker risk decisions and not just maintain but also improve their predictive capabilities. Three institutions will share their perspectives on these topics.

    Speakers:

    Jim Haught
    Western Alliance Bancorporation

    Melissa Hogan
    BBVA

    Robin Stewart
    BMO

    Moderator:
    Gregory Robinson
    Moody's Analytics
    Risk Rating Transformation:
    If I Knew Then What I Know Now . . .
    Panelists will discuss lessons learned and how they have adapted to change by transforming a regional bank's risk rating practices. A look ahead to expanded use cases and how they are navigating organizational change.

    Speakers:
    Ken Carson
    Umpqua Bank

    Christian Henkel
    Moody's Analytics

    Matthew Michel
    Cadence Bank

    Share Prices and Credit Earnings Volatility: Control the Power that Lies Within Credit Portfolio Management
    Do accounting rules impact shareholder value? How will IFRS 9 and CECL impact earnings volatility? This session explores the relationship between share price performance and earnings volatility and delves into the implications for credit portfolio management. Strategies are explored that may materially improve performance under IFRS 9 and CECL.

    Speaker:
    Amnon Levy

    Moody's Analytics
    4:15PM 4:45pM

    Break

    4:45PM – 5:30PM
    Aftermath of IFRS 9 Implementations in Europe, Middle East, Asia, and Africa

    The session will focus on exploring the lessons learned from the implementation of IFRS 9 and how to convert those lessons into action for the improved implementation of CECL and the establishment of a framework for other regulatory requirements like DFAST, stress testing, and advanced analytics..

    Speakers:
    Katie Hysenbegasi
    Bank of New York Mellon

    Juan Licari

    Moody's Analytics

    Mukhbir Singh
    CMHC

    Jimmy Yang
    BMO

    Using AI to Increase Employee Proficiency
    Discover how AI can sustain and elevate banker capability – how to use Credit Coach to identify and transform academic accreditation into practical performance.

    Speaker:
    Kevin Hadlock

    Moody's Analytics
      Implications of Change in the External Environment: Will it Change My Lending Decisions and Balance Sheet Strategy?
      In this session we will explore how regulatory requirements will change banking practices – product mix decisions, portfolio management techniques, loan pricing strategies, benchmarking, and capital planning activities.
        Speakers:
        Tony Hughes

        Moody's Analytics

        Ed Young
        Moody's Analytics
        Validating a Machine Learning Model: Challenges and Solutions
        Validators may expect models to be transparent and conceptually sound. We will explore how inherently less transparent machine learning models can still meet the expectations of model validation.

        Speaker:
        Douglas Dwyer

        Moody's Analytics
        5:35PM 5:50 pM

        Closing Remarks

        6:30pM – 10:00PM

        Networking Reception and Dinner

        Main Conference - Day 2

        Tuesday, November 6, 2018
        7:00AM 8:30AM

        Open Breakfast

        8:30AM 8:45AM

        Welcome

        8:45AM 9:30AM

        Keynote: I’ve Seen the Future: Lessons Learned on the Digital Transformation


        BBVA was an early adopter in the transformation to the digital future outlined in Peter Weil’s book “What’s Your Digital Business Model?” Hear from Amaya Lopez-Duran Viani, the Head of Risk Strategy at BBVA, on that transformational journey - including the opportunities it unlocked, the pitfalls it exposed, and the specific implications for the Risk function in the bank of the future.

        Presented by: Amaya López-Durán Viani, GRM - Head of Risk Strategy, BBVA


        9:30AM 10:00AM

        Break

        STREAMS
        Hope is Not a Strategy:
        A Guide to Preparing for New Financial Standards CECL & IFRS 9
        Modern Risk Decision Making for the Current Credit Cycle:
        How to Make Faster, Better Decisions
        The Cohort of One:
        The Principles and Practices of Risk Management in a Digital World
        Man and Machine:
        A New Frontier in Quantitative Analytics, Machine Learning, and Data Science
        10:00AM – 10:45AM
        The Reality of CECL Implementation and Methodology Options
        With Day 1 of CECL approaching fast for public business entities, this session explores the reality of CECL implementation around methodology, assumptions, and process integration from one of the leading institutions. 

        How is the real implementation compared to what was initially planned? Are there any unexpected challenges?  What are some key considerations going into methodology selection and assumptions?  How should one prepare for a parallel run phase and keep the overall process simple and transparent?

        Speaker:
        Raymond Conover
        Bank of America

        Moderator:
        Jin Oh

        Moody's Analytics
        Getting Smarter with Every Spread: Automating Financial Data Extraction
        This panel will explore how the partnership of humans and machine will improve the efficiency of spreading financial data for loan origination. The current state of financial spreading in the commercial loan origination process is a highly manual and time consuming process ripe for automation.

        Banks will spread hundreds of thousands of financial statements each year, at varying degrees of complexity, length, and cost. This panel will discuss how AI and humans can create a smarter and better spreading system and identify what other processes can benefit from AI next. 


        Speakers:
        Brady Fife
        American Express

        Adi Gelem
        Capital One

        Eric Grandeo

        Moody's Analytics

        Moderator:
        Cristina Pieretti

        Moody's Analytics
        Latest Trends & Technology in Managing Commercial Real Estate Portfolios
        This session will focus on latest trends in underwriting, portfolio management and regulatory reporting for CRE portfolios. Industry experts from various functions along the CRE lifecycle will share best practices and technology choices that have helped them in improving visibility and reporting..

        Speakers:
        Sumit Grover
        Moody's Analytics

        Matthew Michel
        Cadence Bank

        Alex Rapoport
        USAA Real Estate

        Jason Wells

        StanCorp Mortgage Investors, Inc.
        Separating Decision-Useful Financial Statements from the Rest
        This session will discuss and explore several approaches to assessing the quality of financial statements, with broad applications to credit analysis, equity analysis, audit and accounting, tax preparation, and investment strategy.

        Speaker:
        Pooya Nazeran

        Moody's Analytics

        10:45AM 11:15AM

        Break

        11:15AM – 12:00PM
        Controls and Governance: What's Enough and What's Too Much Based on Your Institution Size?
        This session will discuss how to think about your control framework in light of the new CECL accounting guidance. How does it change what you do today, how will it impact disclosures, and what will be considered too much or not enough?

        Speaker:
        Michael Gullette

        American Bankers Association

        Moderator:
        Masha Muzyka

        Moody's Analytics
        Next Wave of Commercial Real Estate Analysis
        Learn how new CRE tools and data can help you lend with confidence against the greatest exposures in your portfolio.

        Speakers:
        Harry Blanchard
        Moody's Analytics

        Mikael Nyberg
        Moody's Analytics

        Vivek Thadani
        Moody's Analytics
        The Impact of New Data on Economic, Market, and Regulatory Change: An Economist's Perspective
        In this session, speakers will discuss credit markets today and beyond; including, how to combine credit risk signals with fundamental credit analysis for optimal results.

        Speakers:
        Cristian deRitis

        Moody's Analytics

        Mark Jensen
        Federal Reserve Bank of Atlanta

        Moderator:
        Ed Young
        Moody's Analytics
        Downgrade Prediction: Man vs. Machine
        The session will oompare a well-built practitioner model to a straightforward machine learning model and explore the unintended costs of using ML techniques in model validation.

        Speaker:
        Samuel Malone

        Moody's Analytics
        12:00pM 1:00pM

        Lunch/Lunch and Learn Roundtables

        Moody's Analytics Solutions & Best Practices
        1:00pM – 1:45pM
        Early CECL Implementations: Do’s and Don’ts
        Join us for an interactive discussion on lessons learned from CECL implementation thus far. We’ll explore key aspects of the implementation, including project governance, data sourcing, methodology selections, disclosures, and policy elections.

        Speakers:
        Emil Lopez

        Moody's Analytics

        Masha Muzyka
        Moody's Analytics
        Employing Innovative Solutions to Address Tomorrow’s Consumer Credit Risk Challenges
        Want a simple approach to generate lifetime expected credit losses for your consumer portfolios? Join us to learn how. We have solutions at both the loan level and cohort level, which can be off-the-shelf, calibrated to your risk profile, or fully customized to your portfolio.

        Speakers:
        Sohini Chowdhury

        Moody's Analytics

        Cristian deRitis
        Moody's Analytics
        ARTful Modeling and Innovation in Data Science
        In this session we will introduce the concept of ARTful modeling: auditability, repeatability, and transparency in data science.  We will explore practical applications of cutting edge technology using case studies to highlight how to reduce model development time and speed up model deployment cycles.

        Speakers:
        Jacob Grotta

        Moody's Analytics

        Ed Young
        Moody's Analytics
        1:45pM 2:15pM

        Break

        2:15PM – 3:00PM
        Postcards from CECL: Lessons Learned During the Early Days of CECL Implementations
        The first CECL horizontal reviews by key stakeholders (e.g. internal and external auditors, regulators) started over the summer of 2018. The feedback has begun to filter back to institutions – what have we learned so far, what seems to work, what needs work, and what were some of the surprises?

        Hear from a panel of bankers on their recent horizontal review experiences as they share their progress on the CECL journey.
        Speakers:
        Dylan J. Adams
        Flagstar Bancorp, Inc.

        Larry Lee

        Citizens Business Bank

        Chris Stanley
        TCF Bank

        Moderator:
        Laurent Birade
        Moody's Analytics
        Signals From the Noise:  How Text Analytics Can Add Efficiency into Risk Monitoring and Compliance
        In this session we show preliminary results from our initiatives in the development of reliable early warning systems for credit risk, fraud, and compliance using natural language text data.


        Speakers:
        Irina Korablev

        Moody's Analytics

        Rama Sankisa
        Moody's Analytics

        Ashit Talukder
        Moody's Analytics
        The Next Generation of Private Firm PD Modeling
        Join us for an update on our efforts to build the next generation of PD models. We will unveil a new modular framework that allows for model building, customization and deployment. We also discuss ongoing research to incorporate alternative data and advanced modeling techniques to further enhance our PD modeling capabilities.

        In this session we will do a deep dive into two practical applications that are enabled by the new framework – customizing a PD model and deriving an agency comparable rating.

        Speakers:
        Doug Dwyer

        Moody's Analytics

        Uliana Makarov
        Moody's Analytics

        Moderator:
        Irina Baron
        Moody's Analytics
        The Road to Artificial Intelligence in Commercial Real Estate Analytics
        Artificial intelligence (AI) has become the leading edge innovation widely experimented and adopted by the commercial real estate (CRE) industry today. In this session we will discuss a few key aspects:

        • What is AI in general? Is it synonymous to Machine Learning (ML) or different?
        • Specifically, how is AI used in the CRE industry today? And how is ML used to derive and automate CRE research and analytics?
        • Examples of AI/ML driven risk analytics, and technical discussions around its pros and cons in comparison to traditional statistical models.

        Speaker:
        Jun Chen

        Moody's Analytics
        3:00pM 3:30pM

        Break

        3:30PM – 4:15PM
        Orchestrating the CECL Process:
        Leveraging Technology to Manage the New Impairment Standard
        The introduction of CECL is causing midsize and regional financial institutions to more closely align their risk and finance systems, often for the first time. Join us as our panelists provide their insights on how to be ready to produce allowance figures under CECL in a faster, more efficient manner.

        Speakers:
        Andrew Krajewski
        Hilltop Holdings

        Justin Snyder
        First Interstate Bank
        Leveraging Automation in KYC & Reference Data Processes for Improved Risk Management
        Explore how financial institutions are automating the KYC and Onboarding processes to reduce costs and make more informed AML and sanctions compliance decisions. The discussion will include:
        • Single Customer View: Risk management benefits and operational challenges when migrating from multiple systems and organization silos
        • External Data: Where data and technology intersect in identifying global beneficial owners and the role of hierarchy information
        • The roles of structured external information and Artificial Intelligence/Machine Learning in pushing the boundaries for automation
        • Challenges of changes in Entity data and best practices for maintaining and updating information automatically to avoid unknown regulatory or reputational risks

        Speakers:
        Peter Casa
        Swiss Re

        Robert Lepre
        Nordea

        Anders Rodenberg

        Bureau van Dijk (A Moody's Analytics Company)

        Moderator:
        Michael Schwartz
        Moody's Analytics
        Knowing your Portfolio: Understanding the Risks of Loans You Didn’t Underwrite
        This session will focus on best practices for evaluating credit risk in the case of potential acquisitions, purchased loan portfolios, and loan participations.

        Speakers:
        Dell Futch
        Dark Object Consulting

        Christian Henkel
        Moody's Analytics
        Machine Learning and AI in Risk Management:  Hype, Traps, and Real Opportunities
        As financial institutions and service providers explore the application of machine learning and AI to risk management, we take a critical look at the evidence and experience so far.

        Speakers:
        Gordon Liu
        HSBC

        Ashit Talukder
        Moody's Analytics

        Jing Zhang
        Moody's Analytics
        4:15pM 4:30pM

        Break

        4:30pM 5:15pM

        Keynote Presentation: Implementing Change Like a Start-up

        Presented by:
        Stephen J. Liguori,
        Founder & CEO, Liguori Innovation
        Keith Berry, Executive Director -Moody's Analytics Accelerator

        Moderated by: Cristina Pieretti, Moody's Analytics

        6:30PM

        Closing Reception & Dinner

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