4th Investment Data & Technology Summit
Agenda - Wednesday August 21, 2019
The Westin Sydney
09.05
The future of investment management: data & technology in the front office
With the trend towards increasing use of investment data and technology showing little signs of abating, this panel will discuss the potential implications for investment strategies, portfolio construction and the structure of the investment landscape.
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What are implications for fundamental investment strategies. How will they fare against increasingly data driven competition?
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What is the outlook for quantitative funds and is there a risk of systematic saturation?
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‘Quantamental’ investing: the best of both worlds?
Chair:
Dr Laura Ryan
Head of Portfolio Construction, Academic & Quantitative Finance Professional
Panel:
Head of Australian Quantitative Research
Macquarie Group
Investment Manager, Global Equities
AMP Capital
Co-Founder & Director,
Dalton Street Capital
09.50
Lessons from the hedge fund world
The exponential growth in data poses both opportunities and challenges for investment managers across the spectrum. While the sky can be the limit, inappropriate correlations can result in significant losses. This panel of hedge fund and data experts will discuss how to ensure that both the data and the systems used to analyse data are fit for purpose and calibrated appropriately.
Panel:
Senior Consultant,
Invesco (US)
Managing Director
Edgehaven Pty Ltd
Founder and ex-CIO,
Castilium Capital
10.30
Networking & refreshments
11.00
Hidden in plain view: making the most of traditional data sets
While much attention is focused on new data sources, there is still significant value to be found in traditional data sets, particularly when new technologies are applied. This case study will demonstrate how funds can apply natural language processing, including the Bag of Words and enhanced Word2Vec approaches, to measure key themes and trends across corporate transcripts.
11.30
Portfolio construction, factor integration and data
Factor investing is a growing theme in the Australian market place. This presentation will discuss new academic research, practical implementation considerations and how to combine factors with risk / tracking error constraints.
Presenter:
Quantitative Analyst, RealIndex
Colonial First State Global Asset Management
12.00
Using data to enhance a fundamental investor’s edge
With computers dominating Chess since 1997 and Go since 2017, the human mind’s reputation is under threat. Many years into a bull market, passive strategies have unsurprisingly gained momentum as adequate solutions. Fundamental investing is however, infinitely more complex than a board game, and stocks and bonds’ values are still underpinned by the actions of humans. This presentation will demonstrate how fundamental managers can define and maintain a persistent edge, with data playing an important -but not a central - role.
12.30
Lunch - networking & refreshments
13.30
Business management approaches (part 1): convergence and the front-to-back model
Tech firms are buying other tech firms. Custodians are buying tech firms. There is increasing discussion around ‘front-to-back’ solutions. This session will discuss service provider convergence, the evolution of the ‘one-stop-shop‘ approach, governance and operating model considerations.
Co-Presenter:
Global Head of Sales, Global Exchange and Charles River Development, State Street
Co-Presenter:
Principal Solutions Architect, Vice President
Charles River Development
14.10
Business management approaches (part 2): best of breed, open data and APIs
The best of breed approach has been popular thus far. Contrasting the trend towards convergence, the emergence of smaller specialised fintech players may allow firms to continue to buy what they feel are the best solutions for their requirements and a level of agility. This session will discuss the future of the best of breed approach and ensuring interoperability of systems, including open data and APIs to facilitate a ‘plug and play’ of solutions.
14.40
Data transformation: governance, culture and ownership
For all the focus on innovative data sets, data governance itself remains a major challenge for many firms. With many asset managers and asset owners currently in the midst of data transformation processes, this panel will discuss common challenges and solutions. It will consider different sources of truth and data classification, concurrency challenges and how to drive the cultural change program required to support strong data governance.
Chair:
Independent Consultant (outgoing Director, Strategy & Investment Services, AMP Capital)
Panel:
Head of Investment Services and Program Office,
Pendal Group
Regional Head of Data Management,
Vanguard Investments
Global Lead Data Scientist, Product Management & Client Experience, RBC Investor & Treasury Services
15.25
Networking & refreshments
15.55
Service provider evolution: picking future winners
There is no shortage of new data vendors and investment technology solutions, at a time when many investment managers are overhauling data management projects. This panel will discuss new technology innovations, the opportunities for disruption and the solutions that are likely to face strategic headwinds. It will also consider operating model considerations, including timing technology acquisition in an evolving landscape and how to adopt these technologies without fundamentally changing operating models.
Panel:
Head of Market Advocacy & Innovation Research - APAC,
Northern Trust
Global Head of Invest-Tech,
AMP Capital Investors
Founder,
Panacea Consulting Services
16.40
Man versus machine: machine learning in practice
This presentation will provide a practical guide to machine learning in an investment management context. It will consider the role of data scientists, different types of machine learning to consider and implementation considerations.
17.10
Close & Networking Reception