Monday, April 22, 2002 Welcoming Remarks ~ 8:00 - 8:15 am General Session ~ 8:15 - 9:30 am “Legislative Update” Sally Miller Director – Center for Securities, Trust, and Investments AMERICAN BANKERS ASSOCIATION Washington, DC How will Washington’s priorities impact the trust and asset management industry? Will money laundering and privacy issues continue to command Congressional attention? What are bank and securities regulators up to? How are trust bankers dealing with the SEC’s broker-dealer rules? Get the latest from Washington on what is affecting your industry. General Session ~ 9:45 - 11:00 am “Finalizing the New Basel Accord: Laying the Path for a Groundbreaking Capital Framework.” Kim Olson Assistant Vice President – Bank Supervision FEDERAL RESERVE BANK OF NEW YORK New York, New York Kim will address: Latest developments in the New Accord: The New Accord’s three-pillar framework, encompassing minimum capital requirements, supervisory review and market discipline, will change not only how institutions calculate and assess their capital ratios, but also what information will be disclosed to the public and reported to regulators. What will these changes mean for financial institutions, risk managers, internal auditors and regulators? Focus on operational risk: The events of 2001 have created additional focus on managing operational risk, which can come from failed internal processes or external events. What are some of the lessons that can be learned from recent events and how does the New Accord address operational risk? Changes in credit risk capital charges: The New Accord allows banks to choose from a variety of approaches, from a standardized approach to two internal-ratings based approaches. What are the latest developments in these areas and how do the more advanced approaches provide incentives for innovation and improved risk-measurement and management? Pillar 3 and beyond: The New Accord will substantially change the content of information that is required to be disclosed to the public as well as what information is reported to the regulators. What do the new disclosure requirements mean for risk managers, auditors and regulators? General Session ~ 11:15 am - 12:30 pm “Current Trends in Vendor Management Auditing” James D. Strickland Audit Director FleetBoston Corporation Boston, Massachusetts Banks are utilizing third party service providers with increasing frequency. Each contract brings a new dynamic and a different set of risks into your bank that must be managed. Recent regulatory guidance stresses the impor-tance of vendor management over these service providers. Determining audit coverage of these vendors is also important. Questions being debated include how much reliance to place on SAS70 reports, the adequacy of the vendor due diligence, the role of vendor management as a risk management discipline, and what is the frequency and depth of supplemental on-site audit work. This session will explore these, and other, issues relating to external vendor management. In addition, an outline of the approach to vendor management by FleetBoston Corporate Audit will be discussed. Hosted Luncheon ~ 12:30 - 1:30 pm General Session ~ 1:30 - 2:30 pm “The Account Aggregation Revolution” Jeremy Lewis Director of Business Development Yodlee Redwood City, California Account Aggregation has taken the U.S. financial services industry by storm. Most of the top financial institutions have now adopted aggregation as a key component of their Internet strategies, fueling customer relationship management (CRM) initiatives and providing new tools to generate substantial return on investment. This session will enable attendees to gain a better understanding of the business implications and technology requirements for account aggregation solutions, lead by Yodlee, Inc. - the pioneer and leading provider of aggregation services worldwide. Attendees will also gain from Yodlee’s lessons learned and best practices advice for implementing aggregation solutions and driving widespread user adoption. The Audience will learn: Market overview - how the aggregation market evolved in the U.S. Technology standards and guidelines for aggregation: what to look for and what’s at risk Important issues: privacy and security - the role of and impact on aggregation services Integration with existing systems and product offerings - how aggregation can enhance customer loyalty and increase share of wallet General Session ~ 2:45 - 3:45 pm “Business Continuity Issues – The Lessons Learned from Tragedies” Moderated Discussion Warren Sutnick Legal Counsel MORGAN STANLEY DEAN WITTER, LLP New York, New York James D. Strickland Audit Director FLEETBOSTON CORPORATION Boston, Massachusetts David A. DeMuro Managing Director Global Compliance & Regulation LEHMAN BROTHERS INC. New York, New York Every company and every person have been touched by the terrorist tragedies in this country. Never have disaster recovery plans, emergency preparedness, procedural internal controls, and overall management plans been more important or more exposed. Learn from key financial industry representatives about new priorities brought about by analyzing business planning strategies and the way controls and security must be changed and re-emphasized. While the speakers will discuss their perspective on lessons learned from the tragedies, we will ask audience members to also share observations, changes and experiences within their organization. This will be an interactive session. General Session ~ 4:00 - 5:00 pm “The Art of Vision” Erik Wahl Artist, Consultant THE WAHL GROUP San Diego, California Your best sustainable edge is being better at mastering change and innovation than your competitors. Organizations who embrace creativity are better equipped to succeed in the future. They are in a sense, “Rule Breakers.” The Art of Vision is a uniquely entertaining and highly practical presentation that will uncover new ways to make your organization more competitive, more productive and ultimately more profitable. Erik Wahl is a recognized artist and corporate consultant who helps companies transcend mediocrity through creativity. Conference Overview    Pre Conference Workshop    Monday, April 22    Tuesday, April 23 Wednesday, April 24 Thursday, April 25    Conference Notes    Register NOW!