Credit Risk Management
and Evolution of IFRS9
September 29 | Dubai, UAE
Change is currently the essence of credit risk management in the banking sector.
Innovation is the best way to anticipate, drive change and help Institutions shape their future, instead of being shaped by the main stream and loose competitive advantage.
Over several decades, Banks have been served by SAS as a proactive partner in shaping innovation in processes and systems for credit risk management. Today, SAS is at the core of many initiatives that are leading the change in this area: from leveraging regulatory compliance processes for enhanced business performance, to exploiting digitalization and real-time risk evaluation.
This regional event will feature SAS experts, EY, Deloitte, KPMG and experts from leading commercial banks in Middle East sharing their thoughts and experiences around the leading practices. Discuss how the credit risk arena is changing and which ideas and practices are leading this change. We will focus on:
IFRS9 and Stress Testing – the impact of the new accounting standards for credit provisioning and stress testing imply changes in terms of developing and managing satellite models, projecting risk parameters on multiple scenarios, implementing expected credit loss calculations and staging allocation rules. At the same time, offering the opportunity to modernize risk architectures to build a common framework to face losses and regulatory challenges.
Innovation in Credit Risk – with systemic and macroeconomic factors becoming more important along with historic data, traditional ways of measuring credit is changing. Find out what role Technology and Advanced Analytics plays to make credit risk measurement approachable and accurate. A fantastic panel discussion on next generation risk measurement and its challenges.
IFRS9 QIA Results in ME and implementation challenges – Hear from the horse’s mouth. The big 4 audit firms in one panel. Hear from EY, KPMG and Deloitte their observations on the QIA results of IFRS9 recently conducted by them in the Middle East. An extremely valuable panel discussion for the audience where they can hear about upcoming implementation challenges.
Infrastructure Risk Management – Next generation risk management entails separating content from technology. Hear from SAS expert how technology is making giant leaps. With big data and information deluge, we need to cope with managing high volume of information and frequent regulatory changes.
All these are critical activities that will foster the most important changes in the credit risk management systems Banks are running today and where innovative approaches can let Banks gain new levels of efficiency, competitiveness, customer satisfaction.
We would like to discuss these themes with the senior Risk, Finance and IT fraternity and have a wonderful learning and networking session that can shape our next steps in the region.
|Thursday, Sept. 29|
|9:15 - 10:00||Registration, Light bites and networking|
|10:00 - 10.15||Opening comments and welcome note|
Shukri Dabaghi, Regional Director Middle East & Francophone Africa - SAS
|10:15 - 11:15|
Panel Discussion: Innovation in Credit Risk
|11:15 - 11.30||Coffee Break & Networking|
|11:30 - 12:00||IFRS9 current status and challenges|
Martim Rocha, Global Advisor, Risk and Quantitative Solutions Division (RQS) - SAS
|12:00 - 12:45||Panel Discussion: IFRS9 QIA Results in ME and in Key challenges of implementation|
Moderated by Sayantan Banerjee, Head Risk Management Practice MEA - SAS
- Dr. Sandeep Srivastava, Senior Partner - EY
- Rajosik Banerjee, Partner, Risk Consulting - KPMG
- Zulfiqar Patel, Principal, Enterprise Risk Services - Deloitte
|12:45 - 1:15||Infrastructure Risk Management|
Speaker: Srinivas Iyer, Director, Consulting, Risk Management - SAS
|1:15 - 1:45||SAS Enterprise Fraud|
Chris McAuley, Director, Fraud and Financial Crimes Unit - SAS
|1:45 - 2:00||Closing Remarks|
Marcel Yammine, General Manager, Gulf and Emerging Markets (GEM) - SAS
|2:00 pm onwards||Networking Business Lunch|