ALFI European Risk Management Conference

Marco Zwick, Director at the CSSF, will present the latest trends and regulatory drivers in Luxembourg. Participants will receive insightful information on the regulatory agenda in Europe, the CSSF’s roadmap for 2024 and other initiatives of relevance in risk management.

The panel discussion will focus on case studies that do go beyond ratings. Risk managers will present their methodologies and journey in adopting sustainability stress-testing. Panellists will leverage on first-hand experience to discuss the dos and don’ts and point of attention of sustainability risk impact assessment in the context of the CSSF thematic inspection.

Alex Edmans is Professor of Finance at London Business School, author, board director and advisor. He brings together his academic expertise with real-world practitioner insights in the field of sustainable investing. 
 In his keynote speech, Alex will compare and contrast two orthogonal sustainability models: one centered on regulatory compliance, the other – more importantly - on the informed creation of long-term value. Drawing on examples of asset managers’ practices, he will highlight that sustainable investing is not about ticking the regulatory boxes, but about value creation for a wider society and forging a distinctive competitive advantage. Against this backdrop, the question of whether sustainability can and should be quantitatively measured will be raised.

 The ALFI European Risk Management Conference is delighted to welcome Alex, TED talk speaker, author of Financial Times Best Books of 2020 and Professor of the Year by Poets & Quants in 2021.

The forward-looking nature of financial markets has historically led to the relegation of macroeconomic conditions and indicators to secondary importance. Things have changed. Recent macroeconomic and geopolitical events have served as a wake-up call for fund and risk managers. Economists are now re-evaluating this new environment, examining the impact on the industry and assessing prevailing financial stability risks.

Two years after the ESMA Common Supervisory Action on Valuation was launched, valuation and risk experts are reviewing the evolution of market practices. The panel will discuss what has changed and what is still work in progress. In light of more recent developments including IOSCO and national supervisors’ efforts, the panellists will assess whether valuation of financial and real assets is still a topic. Against this background, key items for attention and action are identified on both sides of the coin: methodologies and governance.

Generative AI has become a transformative force in many industries, prompting organisations to devise roadmaps for this groundbreaking technology. However, its rapid evolution and recent rise to prominence have left many grappling with the most effective practical applications.
Alik Sokolov, a pioneer in applications of Generative AI in the fields of investment research and risk management, will share his experience and illustrate practical use cases through which leading asset managers are currently putting this technology into practice.
Alik will dissect which facets of Generative AI are becoming commoditised, while identifying challenges and opportunities to gain a competitive edge. Furthermore, he will provide invaluable insights into navigating the decision-making process between building and buying, weighing the benefits of using pre-trained Generative AI models versus investing in training them.

Join us as Alik shares his expertise, empowering you to navigate the complexities of Generative AI with confidence and clarity.