OTC Derivatives, Repos and Securities Lending and Borrowing are now recognised as very sensitive areas inside many Securities Operations departments, whether on the Buy or Sell sides.

As the demise of Lehman Brothers showed, besides a number of unpublicised hiccups, Collateral Management within these activities is a critical function in mitigating counterparty risk and in ensuring exposures are covered by the proper taking/giving of collateral.

This course looks at Collateral Management in OTC Derivatives in particular as well as Repos and Securities Lending and Borrowing. Risk identification, control, documentation, types of collateral, gross and net exposure and other practical aspects are covered as well as the conceptual framework and practical problems eg the treatment of corporate actions on a borrowed/lent position.

A basic knowledge of and work experience in the Securities Industry is assumed as well as an awareness of Securities Lending or Repos. Specific knowledge of Securities Lending and Repos is not assumed.

Content

· what is collateral & the purpose it serves

· the various transaction types requiring collateral

· what causes exposure for financial institutions

· the different types of collateral & their characteristics

· reasons for legal protection & associated documentation

· the importance of proper agreement and record keeping.

· the collateral lifecycle

· components in collateral call calculation

· procedures for making & receiving collateral calls

· procedures for handling collateral substitution & income payments

· market-wide collateral management terminology

· primary risks and mitigating controls throughout.

Delegates

• those new to collateral management
• existing collateral management personnel who require a complete view as to what is involved.
• Securities & Derivatives Operations, Back Office, and Custodian managers and staff
• Commercial and Investment Bankers involved in Securities Lending, Repos and OTC Derivatives.
• Fund Managers and Private Bankers involved in or considering Repos and Securities Lending and OTC Derivatives
• Dealers and Brokers
• Accountants, external Auditors, Lawyers and Compliance executives
• IT Executives involved in operating, selling or designing Collateral Management systems.
• Risk Managers and Compliance Executives

Email: mail@investmentEducation.net

Four years have witnessed the ups and downs in global economic development. 4th Annual Funds Forum China, China’s largest funds forum, will keep abreast of rapid-growing China funds industry and focus on funds investment and funds marketing and sales. Two-day conference and three -day abundant content will be more than your money’ worth. More intensive and in-depth sharing and discussion on macro economy, QDII, ETFs, funds marketing and sales and so on will be provided.

Register Online

Event Review:

3rd Annual Funds Forum China 2009, China’s largest funds forum, attracted expectedly 300+ senior executives like Presidents, Directors of Investment Dept, Directors of Research Dept, Heads of Global Market Dept, Heads of QDII, Funds Managers, and Chief Analysts or economists from Sino-foreign asset management companies, funds companies, banks, insurance companies, securities companies, trust companies and private equity funds.

For more information,please visit:
Funds Forum China 2009: http://www.fundsforumchina.com/2009
Funds Forum China 2008: http://www.fundsforumchina.com/2008
Funds Forum China 2007: http://www.fundsforumchina.com/2007

Address:
Unit 2007-2010, 20th Floor, Tower 1 Kerry Everbright City No. 218, Tian Mu Road (West) Shanghai, China 200070

Tel: +86 21 5172 0000

Fax: +86 21 5172 0099

Email: marketing@jfpsgroup.com.cn

If you are seeking capital and would like to be positioned to complete a round of financing this year, you are welcome to submit your application to present at our upcoming conference. This upcoming venue can greatly enhance your ability to accelerate the funding process and meet your capital raising goals. Since we only have limited number of openings for Presenters, please contact me as soon as possible with respect to your interest in being on the program.

As a courtesy, we can tentatively hold a Presenter slot while you are considering this opportunity, subject to your confirmation and a review of the company on our part. To get things in motion, just send your Executive Summary to me at emersonb@starlightinvestments.com and I will get back to you as quickly as possible. Companies will be considered for the event in the order that their information is received by our firm. If you have any questions or would like to speak with me first, please feel free to call me on my direct line in the New York area at 713 225 3028. THERE ARE NO FEES JUST TO APPLY TO PRESENT.

This important event will provide a unique and highly-efficient platform to meet qualified investors and financial partners in a very prestigious setting. We expect principals from more than 150 active early and later-stage investment funds to attend from throughout the United States. In addition, many high net worth investors and a number of prominent angel groups will be joining us. Even against the backdrop of the current economic downturn, our last forum was a great success with over 200 registrants, which included many Angels, as well as leading private equity and venture capital firms - representing more than $25 billion in capital. In addition to the well-established brand-equity of our venues, the strong investor response to our recent events would indicate that there is no shortage of interest from investment funds and private investors who are looking for serious opportunities in promising early and later-stage companies. From our vantage point, we can see there is a clear readiness to invest from many VCs, private equity funds and Angels who understand that historically, it is in times of economic downturn that that the best investment opportunities are available.

Please keep in mind that our events distinguish themselves from many other venues in several key respects. Here are a few of them.

1)       Nearly 100% of the guests (not connected with the presenting companies) are active investors who have PAID to attend.

2)       Presenting companies reach a NATIONAL audience of qualified funding sources focusing on early-stage opportunities.

3)       Only 12 to 15 companies are featured on the program which provides for high visibility to investors.

4)       The events are not primarily sponsor supported and accordingly NOT heavily populated with service providers.

5)       There are no concurrent activities or competing presentations. All companies present to the entire audience.

6)       Companies are never more than 10 to 20 minutes from their breakout sessions after they present.

7)       These are “deal-oriented” events. There are no panels or other distractions from putting the spotlight on the presenters.

8)       The majority of the attendees are PRINCIPALS of the private equity or venture capital firms whom they represent.

9)       Presenters can plan for the forums in advance as we provide confirmed guest information prior to the conference dates.

Our private equity forums, started in 2001, are among America’s best-attended events - noted for a first-class venue and an ultra high-end roster of funding sources. These deal-focused symposiums have provided a remarkably beneficial venue for companies to reach a national audience of qualified potential investors. The management of presenting companies benefit from being able to get their story across to an extremely receptive audience in a very favorable upscale setting. Over the last eight years, our experience has shown that the investor venue created through our forums can significantly reduce the cost of capital as well as the time necessary to raise it, particularly in this current market with fewer active players for early-stage companies and tougher investment criteria.

The upcoming venue can help you solve the three biggest problems in raising capital 1) identifying qualified investors, 2) gaining credible entrée to them and 3) meeting them under favorable circumstances. Moreover, the event drives the single most essential factor in getting funded quickly, and that is the ability to create contemporaneous interest among investors - which also can serve to significantly improve deal terms.

Of particular importance, is the fact that our events are not primarily supported by paid sponsors. As a result, they are not heavily populated by service providers or vendors who would have no interest in investing in your company. Because we draw from all over the country, this venue will be a most cost-effective way for Presenters to meet investors from outside of their particular regions. You should also be aware that the majority of guests are partners, founders and managing directors of their respective firms; affording the featured companies a chance to reach senior people from the outset. You can find a complete index listing our current as well as prior conference registrants, organized by “Industry Sector Preferences”, at http://www.starlightinvestments.com/?id=276.

If your company is selected to present, Starlight Investments, LLC can provide you with introductions to any of the firms listed on the conference website, irrespective of their attendance at the upcoming event. As you know, in many cases, companies can pay investment bankers up to several hundred thousand dollars in front-end fees and monthly retainers to gain access to these types of investment groups. Companies presenting at this forum gain the same entrée at only a small fraction of that cost, notwithstanding the inherent efficiency of our highly-targeted venue.

In order to be showcased at the event, presenter candidates must meet certain general criteria that are described online at events.starlightinvestments.com/htmls/qualifications.html. As our events are not subsidized by vendors or service providers, companies are required to pay a Presenter Fee based upon a number of visibility options. Our forum could be best described as a co-op for the 12 to 15 companies that present. We underwrite the events and the presenting companies share in the cost. They do so because our model ensures them an audience of nearly 100% qualified investors, for an expenditure which generally pencils-out to less than $100 for each capital source in attendance.

With respect to the Presenter qualifications, we favor companies with some revenues, but will also consider pre-revenue development-stage companies with new platform technology or some proof of concept. Revenues forecast by the third year following funding should approach $15 to $20 million. Preferred industry sectors are Information Management Systems, Enterprise Software, Business Process Management, Computer Technology, Wireless Technology, Telecommunications, Energy Technology, Network Hardware and Software, Healthcare Services, Education & Training, Medical Devices, Manufacturing Technology, New Media and Publishing, Internet-Based Business Solutions, Life Sciences, Distance Learning, Financial Services, Consumer Marketing, Specialty Retail, Outsourced Business Services and Supply Chain Management. Other sectors may also be considered with sufficient growth potential.

If raising capital is the primary obstacle that stands in the way of moving your company forward, you should seriously consider the visibility that we can provide at the upcoming event. As I am sure you are aware, most professional investors will not even consider deals where they do not personally know management or those which have not been referred by a reliable source. Our forums significantly help to remove these barriers to management’s power to reach qualified investors. The upcoming conference can provide the third-party endorsement and credibility, which is so critical for getting funded in today’s market.

We estimate that more than $300 million has gone to past Presenters and Entrepreneur Guests over the last several years, much of which could be directly or indirectly attributed to our forums  Our prior conference guests and other funds who have invested in these businesses include such prominent groups as listed below by funded company. Of course, there is no assurance that presenting at our upcoming forum will result in obtaining capital. This can be affected by many factors over which we have no control, such as the deal terms that you would find acceptable and how well a company prepares for the event, follow-ups with investors and responds to due diligence questions. Accordingly, this information on prior fundings should be viewed as instructive, but not predictive.

Aircuity: IDP, Navigator Technology Ventures, Venture Capital Fund of New England, Industrial Development Partners

iKimbo: Cross Atlantic Capital Partners, Draper Atlantic, MRW Enterprises, Schoffstall Ventures and Riggs Capital Investment

Visioneered Image Systems: Baker Capital, 21Venture and Arcturus Capital.

Adzilla: Alloy Ventures and Norwest Venture Partners

LNL Technologies: Mohr and Davidow Ventures

BioVigilant: Battelle Ventures, Community Investment Corporation, Innovation Valley Partners and Pearl Street Venture Funds

Ifbyphone: Apex Venture Partners and Origin Ventures

HardMetrics: NextStage Capital, Osage Ventures and SilkRoad Equity

Burly Bear Network: NB Capital Venture Partners, New York City Investment Fund, Constellation Ventures and Citigroup Investments

Multimedia Tutorial Services: Corporate Strategies, Maniv Ventures, Winner Media and other investors

TelaDoc, Dogmatic and Vystar: Tri-State Private Investors Network

Cybersettle: Spencer Trask Ventures, Tri-State Private Investors Network, Bowery Partners and Saint-Donat & Co.

E Ink: FA Technology Ventures, Hearst Corporation, Intel Capital and Motorola Ventures

Xtellus: AIG Orion Fund, Alta Berkeley Venture Partners and Israel Seed Partners

nTag: Pilot House Ventures and Group Sevin Rosen Funds

Operative (Formerly Trafficmac): Aardvark Capital

AgriPower: Vogel Capital Management and other investors

Hingi: Opus Capital Ventures

Health Plan One: Pequot Capital, Greycroft Partners and individual Investors

UFood Restaurant Group: Spencer Trask Ventures and other investors

We sincerely believe that if a company’s potential is truly compelling, and that management’s vision can be effectively communicated, it will not find a more cost-effective way to reach potential funding sources directly, than by presenting at the upcoming event. Again, this is a unique opportunity to get your message across in “one place and in one day” to active serious investors who want to see fundable deals.

I look forward to hearing from you and learning more about your funding requirements.

Kindest regards,

Bryan Emerson

Direct Line:  713 225 3028

emersonb@starlightinvestments.com

Hedge Fund managers are bracing themselves for sweeping changes to be rolled out in 2010, the days of easy returns and the capacity to make risky bets are over, with changes being made to how they operate and use their capital and liquidity. Prosperity will transpire to those who are resilient enough to work through the economic downturn and take smart, calculated risks to capitalize on the upheaval. Those having the capability to consolidate and report data beyond compliance demands are likely to be the key differentiators between winners and losers in 2010.

The unique format of this event will provide in-depth analysis from institutional investors from foundations and endowments, public pension systems as well as corporate pension systems. Hear first hand from those who have made allocations into this realm, how they have faired and strategies to overcome the complex hurdles surrounding hedge funds.

For information on speaking opportunities, please contact:
The Executive Summit Producer
E: webenquiries@marcusevansbb.com
T: 246 227 3761

Cap Intro: Macro | Emerging Markets Alternative Investing is a highly focused half-day capital introduction event bringing together active end-investors and successful, growing alternative investment managers focusing especially on opportunities in macro strategies and the emerging markets.

At the Cap Intro: Macro | Emerging Markets Alternative Investing, investors and investment managers get what they seek: one-on-one private meetings. It is an extraordinary opportunity to get first round or continued meetings with your potential investors/investment managers underway.

Rationale for investors: meet with exceptional managers investing in the macro strategies and the emerging markets in an extremely time efficient and productive format.

Rationale for managers: get in-depth private meetings with hand-picked, active investors looking especially for opportunities with macro and emerging markets focused investment managers.

The format is as follows:

• Participation for 10 managers and 10 investors only; pre-qualified and pre-screened

• Circulation of managers’ and investors’ profiles prior to the event
• Luncheon with 5 minute introductory talks by the managers
• Afternoon with facilitated one-on-one meetings in private rooms

Venue: Harvard Club NY
Date: 12.30 - 5pm, 1st July, 2010

This investor event is by invitation only. To apply and for more information, please contact Catalyst Financial Partners: info@catalystforum.com

In this course, Massimo Morini, Head of Credit Models
and Coordinator of Model Research at IMI Bank of Intesa San Paolo will investigate how banks can utilise:

• A standardised approach
• An internal-ratings approach
• An advanced internal ratings-based approach

Who should attend?

This course is particularly relevant to those working in banks, asset managers and other financial organisations with the following job titles:

• Credit derivatives manager
• Credit research
• Credit risk analysis
• Credit risk modeling
• Quantitative analysis
• Quantitative credit strategist

VIEW TUTOR BIOGRAPHY

VIEW PROGRAMME

DOWNLOAD BROCHURE

BOOK

Contact information

For further information, please contact:

Cassie Jauffret-Lenzi
Risk Training Marketing Executive
t: +44(0) 20 7004 7469
cassie.jauffret-lenzi@incisivemedia.com

Why You Should Attend Tax Investigations Annual Conference

The combined wealth of Asia Pacific’s HNWIs is estimated to grow at an annual rate of 8.8% until 2018, faster than the global average of 7.1%, with China, India and Indonesia likely to lead HNWI growth in Asia Pacific, underpinned by robust domestic consumption and a growing number of affluent individuals.

However, wealth management firms and private banks are being challenged post-crisis to refine business models and capabilities. With increased stringency of regulations, investors choosing simpler products over exotic instruments and demanding short term returns, private banks are dealing with tremendous challenges and the possibility of thinning profit margins.

Finance IQ’s Private Wealth Management Summit Asia will return with an agenda that will discuss the timeliest of issues, and will reveal the strategies that impact the growth and sustainability of Asia’s private banking and wealth management industry.