Financial Data Summit 2016

Overview


U.S. financial regulatory agencies have only just begun to modernize the information they collect from disconnected documents into transparent, standardized data. The Data Coalition’s second annual Financial Data Summit brought together supporters of this crucial transformation. As financial agencies move from plain-text documents to open formats like XBRL, and embrace interoperable data fields such as the Legal Entity Identifier (LEI) across multiple reporting requirements, they enable better transparency for investors, data-driven analytics for investigators, and cheaper compliance for the industry. By reducing costs and stimulating innovation, data standards will drive growth.

The proposed Financial Transparency Act (H.R. 2477) will require financial agencies to adopt standardized fields and formats across all the information they collect. But some agencies are choosing to modernize their reporting requirements even in advance of a legal requirement.

The Financial Data Summit is Washington’s only policymaker gathering focused on the transformation of financial regulatory reporting into transparent data. Speakers included federal agency leaders; Congressional supporters of data transparency; and financial and technology industry leaders.

Speakers


Lewis Alexander

Chief U.S. Economist, Nomura (via video chat)

Srinivas Bangarbale

Chief Data Officer, CFTC

John Bartlett

Founder, FundHive

Scott Bauguess

Assistant Director, Division of Economic and Risk Analysis, SEC

Ami Beers

Senior Technical Manager, American Institute of CPAs

Richard Berner

Director, Office of Financial Research, Treasury Department

David Blaszkowsky

Head of Data Governance, State Street Bank (former)

Jay Brown

Investor Advisory Committee, SEC

Milan Dalal

Senior Economic Advisor, Sen. Mark Warner

Alan Deaton

Acting Associate Director, Statistics Branch, FDIC

Karel Engelen

Global Head of Technology Solutions, International Swaps and Derivatives Association

Roger Fahy

Vice President, Chief Operating Officer, CUSIP Global Services

Pranav Ghai

Founder, Calcbench

Andres Gil

Director, Center for Capital Markets, U.S. Chamber of Commerce

Danny Goroff

Program Director, Sloan Foundation

Emily Huang

Founder, idaciti

Marc Joffe

Director, Center for Municipal Finance

Nicole Johnson

Govloop

David LeDuc

Policy Director, SIIA

Tim Lind

Global Head of Financial Regulatory Solutions, Thomson Reuters

Ari Marcus

Managing Director, Citi

Daniel Meisner

Head of Open Data, Thomson Reuters

Hon. Allan Mendelowitz

President, ACTUS Financial Research Foundation

Chris Merchant

Partner, PwC

Gwendolyn Mitchell

Manager, Metadata and Taxonomy Operations, Federal Reserve

Sasha Moss

Policy Counsel, Rep. Blake Farenthold

Bryce Pippert

Principal, Booz Allen Hamilton

Linda Powell

Chief Data Officer, CFPB

Rich Robinson

Open Symbology Manager, Bloomberg

Mary Kay Scucci

Managing Director, SIFMA

Justin Stekervetz

Associate Director of Strategy and Standards, Office of Financial Research, Treasury Department

Carol Wayman

Legislative Director, Rep. Ellison

Mike Willis

Assistant Director, Division of Economic and Risk Analysis, SEC

Brian Williams

Director, Business Development, Dun & Bradstreet

Venue


  JW Marriott, 1331 Pennsylvania Ave NW, Washington, DC 20004




Agenda


Monday, March 28
5:00pm 
Welcome Reception
Sponsored by PwC(Speakers, Data Coalition members, and sponsors only)
Tuesday, March 29
8:00 am
Registration and Breakfast
Sponsored by Socrata
9:00 am
Welcome
Hudson Hollister, Data Coalition
David LeDuc, Policy Director, SIIA
Mike Starr, Workiva
9:15 am
Plenary Address
Hon. Allan Mendelowitz, President, ACTUS Financial Research Foundation
9:30 am Regulator Keynote
10:00 am
Executive Keynote
Sponsored by Booz Allen Hamilton
Dick Berner, Director, Office of Financial Research, Department of the Treasury
Bryce Pippert, Booz Allen Hamilton (moderator)
10:45 am
Networking Break
Sponsored by Merril Corporation
11:15 am
Data Users Panel 
Sponsored by PwC
Tim Lind, Global Head of Financial Regulatory Solutions, Thomson Reuters
Scott Bauguess, Deputy Director, Division of Economic and Risk Analysis, SEC
Alan Deaton, Acting Associate Director, Statistics Branch, FDIC
Chris Merchant, PwC (moderator)
12:00 pm Structured Data Analytics at the SEC 

Mike Willis, Assistant Director, Office of Structured Disclosure, Division of Economic and Risk Analysis, SEC
Jay Brown, Investor Advisory Committee, SEC (moderator)
12:30 pm
Lunch 
Sponsored by DFIN
1:45 pm
Financial Industry Keynote
Lewis Alexander Chief U.S. Economist, Nomura (via video chat)
Craig Clay, RR Donnelley (moderator)
2:15 pm
Financial Industry Panel 
Andres Gil, Director, Center for Capital Markets Competitiveness, U.S. Chamber of Commerce
Mary Kay Scucci, Managing Director, SIFMA
Ari Marcus, Managing Director, Citi
Ami Beers, Senior Technical Manager, American Institute of CPAs
Karel EngelenGlobal Head of Technology Solutions, International Swaps and Derivatives Association
Hudson Hollister, Data Coalition (moderator)
2:45 pm
Networking Break
Sponsored by Merrill Corporation
3:30 pm
Breakout 1: Identifiers
Sponsored by Bloomberg
Rich Robinson,
   Bloomberg
Daniel Meisner,
   Thomson Reuters
Brian Williams,
   Dun & Bradstreet
Roger Fahy,
CUSIP Global Services
David Blaszkowsky,
  State Street (former)
Danny Goroff,
   Sloan Foundation (moderator)
Breakout 2: Hill Staff

Milan Dalal,
   Sen. Mark Warner
Sasha Moss,
    Rep. Blake  Farenthold
Brian O’Shea,
   Rep. Scott Garrett
Carol Wayman,
   Rep. Keith Ellison
Christian Hoehner, Data Coalition (moderator)
Breakout 3: Startup Spotlight

Calcbench

Center for Municipal Finance

idaciti

Qaravan

FundHive

Bryce Pippert, Booz Allen Hamilton (moderator)

4:15 pm
Data Management Panel
Srinivas Bangarbale, Chief Data Officer, CFTC
Gwendolyn Mitchell, Manager, Metadata and Taxonomy Operations, Federal Reserve
Justin Stekervetz, Associate Director of Strategy and Standards,Office of Financial Research, Treasury Department
Linda Powell, Chief Data Officer, CFPB
Nicole Johnson, GovLoop (moderator)
5:00 pm
Closing
Hudson Hollister, Data Coalition
David LeDuc, Policy Director, SIIA
Mike Starr, Workiva

Sponsors


Title Sponsor

Partner Sponsors

Special Policy Sponsor

Additional Sponsors