The 13th Annual Conference on Canadian Securities Lending

Title Sponsors

Media Partners

Keynote Speaker: Dr. Hayley Wickenheiser

We are honored to have Dr. Hayley Wickenheiser as our Keynote Speaker this year who will be sharing her career journey in a keynote address.

Seven world championships, six Olympic appearances, five Olympic medals — Dr. Hayley Wickenheiser is a titan of sport and a leader both on and off the ice.

A first-ballot Hockey Hall of Fame inductee, Wickenheiser’s hockey IQ is highly respected in both the male and female game. She has played in/coached at four NHL development camps with the Philadelphia Flyers, the Edmonton Oilers, and the Toronto Maple Leafs. In 2018, Wickenheiser joined the Toronto Maple Leafs as assistant director of player development in 2018 before being promoted to assistant general manager in 2022.

Four-time Olympic Gold Medalist | Member of the Hockey Hall of Fame

In addition, Wickenheiser is a member of the Order of Canada, a retired member of the International Olympic Committee’s Athlete’s Commission, member of Canada’s Sports Hall of Fame, and founder of The Canadian Tire Wickenheiser World Female Hockey Festival.

Thursday, May 25, 2023
Location: The Omni King Edward Hotel
Address: 37 King St E, Toronto

We are excited to bring the 13th Annual Conference on Canadian Securities Lending back in person in Toronto.

Event Registration

Pricing: $599.00 (Early Bird: $499.00) plus applicable taxes

Conference Agenda

Coming Soon: Conference Program Booklet

Thursday May 25, 2023

8:00 – 9:00 AM	CONFERENCE REGISTRATION & BREAKFAST
9:00 – 9:05 AM	WELCOME REMARKS & CONFERENCE OPEN Roanna Kim – Director, Equity Finance, RBC Capital Markets & Vice President, CASLA
9:05 – 10:00 AM	ECONOMIC UPDATE: CLAIRE FAN – ECONOMIST, ROYAL BANK OF CANADA Claire Fan joined RBC as an economist in 2019 after obtaining her Master’s degree in Financial Economics from Western University. She focuses on covering the macroeconomic outlook for Canada and the United States, and is responsible for projecting key indicators including GDP, employment and inflation. Other topics she’s covered include immigration and income inequality.
10:00 – 10:30 AM	PANEL 1: INDUSTRY ASSOCIATIONS IN DISCUSSION: THE ROLE OF REPRESENTATION, ADVOCACY AND EDUCATION Industry associations play a pivotal role in the Securities Finance landscape from advocating on behalf of stakeholders to aiding and developing best practices to promote sustainability and future proof the industry. This panel of global association colleagues will discuss their associations’ agenda, what is on the horizon and important topics such as ESG and DEI. Moderator: Kyle A. Kolasingh – Director and Head of Market Services Solutions, RBC Investor & Treasury Services Panelist: Ina Budh-Raja – EMEA Head of Securities Finance Regulatory Strategy & Industry Affairs and Markets ESG, Bank of New York Mellon Ed Oliver – Managing Director – Product Development, eSeclending Claire Van Wyk-Allan, Managing Director and Head of Canada, The Alternative Investment Management Association
10:30 – 10:50 AM	COFFEE BREAK – Sponsored by Northern Trust
10:50 – 11:30 AM	PANEL 2: THE REGULATORY ENVIRONMENT: PRESENT & FUTURE Amidst a backdrop of renewed market volatility and general uncertainty around the economy and the regional banking sector, regulators are pressing for greater transparency and capital requirements. With the help our panelists’ expertise we will focus our discussion on proposed regulatory changes, what they mean at the desk level, and any unintended consequences we can expect. Moderator: Erin Lamont – Vice President, Equity Finance, TD Securities Panelist: Nick Chan – Managing Director & Head of Financial Resource Management, BMO Capital Markets Lesley Charkow – Managing Counsel & Director, Royal Bank of Canada Andrea Topic – Director, Regulatory and Optimization, National Bank of Canada
11:30 – 12:10 PM	PANEL 3: PERSPECTIVES ON SECURITIES LENDING This panel will focus on trends affecting Securities Lending revenues in the last year with panelists sharing their individual perspectives on both challenges experienced, and opportunities presented by the changing landscape of the lending market. Moderator: Chelsea Grossman –North American Head of Agency Lending Client Management, State Street Panelist: Cezan Duong – Head of Canadian Cash Reinvestment, BNY Mellon Brendan Eccles – Global Head of Securities Lending, Scotiabank Amin Nathoo – Principal, Anson Funds Matthew Ross – Associate Director, EquiLend Data & Analytics
12:10 – 1:30 PM	LUNCH BREAK – Sponsored by JP Morgan
12:10 – 1:30 PM	Working Lunch: CASLA & GPFA Presents: Buy & Sell Side Open Forum (Windsor Ballroom) Limited registration will be available for this unique opportunity to join member representatives of both CASLA and GPFA to jointly discuss overlapping Securities Finance topics during the conference lunch break. Networking and lunch will be available. Speakers: Dexter Gall – Associate Director, Securities Finance, RBC Investor & Treasury Services François Bellavance-Lecompte – Senior Director, Equity Replication and Balance-Sheet Activities, PSP Investments John Loynd – Managing Director, Global Equity Financing and Solutions, BMO Capital Markets Marco Drumond – Senior Portfolio Manager, Balance Sheet and Treasury Management, Healthcare of Ontario Pension Plan
12:10 – 1:30 PM	Working Lunch: WISF Lessons from the Judy Project: Navigating Unconscious Bias (Crystal Ballroom) Sponsored by Scotiabank The Judy Project, offered by Rotman School of Management at the University of Toronto, is a highly acclaimed forum enabling women to embrace their own ambition and cultivate organizational leadership to meet evolving priorities. Women in Securities Finance invites you to join our experts to explore the topic of unconscious bias with research data and how to address in practice. Speakers: Colleen Moorehead, Special Advisor, Osler Hoskin & Harcourt LLP and Business Co- Director and Founder, the Judy Project Dr. Sonia K. Kang, Associate Professor at University of Toronto Rotman School of Management
1:30 – 2:10 PM	PANEL 4: THE JOURNEY TOWARDS T+1 A challenging feat for all participants in the financial sector with hurdles for those specifically in the Securities Finance industry. Join our speakers from both CASLA and RMA T+1 sub-committees as they collectively share thoughts on what we are facing across North America with the settlement compression to T+1. Moderator: Keith Evans – Executive Director, Canadian Capital Markets Association Panelist: Thomas Veneziano – North American Head of Product, Pirum Ahmed Shadmann – Vice President Head of Agency Lending Trading, Toronto, StateStreet Mathilda Yared – Managing Director Global Securities Finance, National Bank Financial Ed Corral – Managing Director and Global Head of Collateral Strategy, J.P.Morgan
2:10 – 2:55 PM	PANEL 5: TMX & CLEARSTREAM: FINANCIAL MARKET INFRASTRUCTURE DISCUSSION This panel brings together FMI participants from various across Canada, the US and Europe to discuss domestic challenges, local market reform and regulatory trends as they impact secured financing and many others, with voices from the sell and buy side balancing the discussion. Moderator: Steve Everett – Head Business Strategy and Innovation Post Trade, TMX Panelist: Laura Klimpel – General Manager of Fixed Income Clearing Corporation (FICC) & Head of SIFMU Business Development at DTCC Lara Krivokucho – Chief Commercial Officer CDCC Charles Lesaux – Managing Director, Head Repo Trading Canada, RBC Capital Markets Maksym Padalko – Operations and Policy Advisor, Bank of Canada Fabrice Tomenko – Chief Executive Officer, Clearstream International SA
2:55 – 3:20 PM	COFFEE BREAK – Sponsored by Northern Trust
3:20 – 4:20 PM	KEYNOTE SPEAKER: Dr. Hayley Wickenheiser
4:20 – 4:30 PM	CLOSING REMARKS: Mary Jane Schuessler – Managing Director, Equity Finance, BMO Capital Markets & President, CASLA
4:30 – 6:00 PM	Reception
	*Please note that, while every effort will be made to present the program as advertised, speakers, topics and timing are subject to change due to circumstances beyond our control

Conference Speaker and Moderator Biographies

Welcome Remarks

Speaker Name	Speaker Title	Speaker Company	Speaker Bio
Roanna Kim	Director, Equity Finance Vice President, CASLA	RBC Capital Markets

Economic Update

Panel 1: Industry Associations In Discussion: The Role Of Representation, Advocacy And Education

Panel 2: The Regulatory Environment: Present & Future

Panel 3: Perspectives On Securities Lending

Working Lunch: CASLA & GPFA Presents: Buy & Sell Side Open Forum

Working Lunch: WISF Lessons from the Judy Project: Navigating Unconscious Bias

Panel 4: The Journey Towards T+1

Panel 5: TMX & Clearstream: Financial Market Infrastructure Discussion

Keynote

Keynote Speaker	Panelist Bio
Dr. Hayley Wickenheiser	See biography above

Panelist Name	Panelist Title	Panelist Company	Panelist Bio
Colleen Moorehead	Special Advisor and Business Co- Director and Founder, the Judy Project	Osler Hoskin & Harcourt LLP	Colleen is responsible for facilitating the transition to Osler’s new Chief Client Officer, and acts as a resource for the firm’s client initiatives, as past CCO at Osler. As the past co-founder of E*TRADE Canada, Colleen has extensive experience building successful companies and valuable brands. She is widely recognized as a respected business leader with senior management experience in financial services, technology, business, and webbased services. Colleen has held various corporate leadership positions and has a deep understanding of business development strategy in the services sector. She works closely with incubators and investors that support early-stage companies developing technology solutions to solve problems for today and in the future. She is currently on the Board of Advisors for iNovia and NovaCap Financial Services, is the Chair of Merrco Payments Inc., and a board member of Next Canada and OneEleven. As a well-known trailblazer and mobilizer, Colleen’s efforts to support, mentor and advance women throughout her 30-year career have contributed to meaningful organizational changes for Canadian companies and women in business. In addition to her role at Osler, Colleen is the co-founder and business director of the Judy Project at the University of Toronto’s Joseph L. Rotman School of Management. This leadership forum is designed to empower and prepare women to take on executive leadership positions. Since its launch in 2003, the Judy Project has supported the ascent of more than 400 women into C-suite positions. Colleen is the editor of the best-selling leadership book The Collective Wisdom of HighPerforming Women: Leadership Lessons from the Judy Project. The book features personal stories from 70 Canadian women business leaders and highlights their perspectives on the characteristics of great leaders. Over the course of her career, Colleen has been recognized and honoured with several awards including the Women of Distinction Award for 2020 and 2021 by YWCA Toronto, the 2021 Trailblazer Award by the Women’s College Hospital Foundation, 2015 Catalyst Canada Honours Champion – Business Leader, and the Business Builder 2010 Award by the Canadian Marketing Hall of Legends.
Dr. Sonia K. Kang	Associate Professor	University of Toronto Rotman School of Management	Dr. Sonia Kang holds the Canada Research Chair in Identity, Diversity, and Inclusion, and is an Associate Professor of Organizational Behaviour and Human Resource Management at the University of Toronto, where she is also a Faculty Research Fellow at the Rotman School of Management’s Institute for Gender and the Economy (GATE) and Chief Scientist, Organizations in the Behavioural Economics in Action Research Centre at Rotman (BEAR). Sonia is also the University of Toronto Mississauga’s Special Advisor on Anti-Racism and Equity. Sonia earned a PhD in Social Psychology from the University of Toronto and completed a SSHRC Post-Doctoral Fellowship at Northwestern University.

Moderator Name	Moderator Title	Moderator Company	Moderator Bio
Steve Everett	Head Business Strategy and Innovation Post Trade	TMX	Steve Everett has over 15 years of experience in post trade and Market Infrastructure, in leading innovative Market driven and client-centric change across TradeFI and Digital domains in multiple markets. His current focus within the TMX Group is to lead innovation and change with a key focus in 2023 to introduce Canada’s first Triparty Collateral service as well as a series of Market driven initiatives and innovative digital solutions across the broad spectrum of post trade.
Panelist Name	Panelist Title	Panelist Company	Panelist Bio
Laura Klimpel	General Manager of Fixed Income Clearing Corporation (FICC) & Head of SIFMU Business Development at DTCC	Fixed Income Clearing Corporation (FICC)	Laura Klimpel serves General Manager of DTCC’s Fixed Income Clearing Corporation (FICC) and as Head of SIFMU Business Development at the firm. Within these roles, Laura focuses on expanding FICC’s clearance and settlement services to a broader array of market participants, as well as enhancing FICC’s existing service offerings to further reduce risk and provide optimal capital and operational efficiencies to member firms. Laura also supports the development and implementation of the overall strategy and prioritization of SIFMU initiatives, working with cross-functional teams and industry partners to develop strategies for building new products and services that mitigate risk, create market efficiencies and reduce costs. Prior to her current role, Laura was General Counsel and Chief Compliance Officer at New York Portfolio Clearing, LLC (NYPC) for four years. During this time, she led the effort to obtain registration as a derivative clearing organization (DCO) and approvals for the “one-pot” cross-margining of interest rate futures cleared by NYPC with fixed income cash instruments. She also drafted and reviewed rules, policies and procedures for compliance with various regulations. Before that, Laura spent three years at Cleary Gottlieb Steen & Hamilton LLP, focusing primarily on US commodities and derivatives regulation, including the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010. Laura received her B.A. degree, summa cum laude, from Truman State University in 1999 and her J.D. degree, cum laude, from Cornell University in 2007. She is a member of the New York Bar. Laura is also a member of the Treasury Market Practices Group (TPMG).
Lara Krivokucho	Chief Commercial Officer	CDCC	Lara Krivokucha has been with TMX since 2002 and is currently Chief Commercial Officer of CDCC, the post-trade derivatives clearing arm of TMX. Prior to TMX, Lara worked in the UK as Vice President, Risk Management for Deutsche Bank AG, as well as Bear, Stearns International. Lara has an MBA in Finance from Imperial College, University of London, UK, and a BA in Economics.
Charles Lesaux	Managing Director, Head Repo Trading Canada	RBC Capital Markets	Charles Lesaux is a Managing Director and Head of the fixed income repo business in Canada within the Central Funding group at RBC Capital Markets. Charles joined the Global Rotational Program at RBC Capital Markets in 2005 after completing his MBA degree at the University of Toronto’s Rotman School of Management. Upon completion of the Global Rotational Program in the fall of 2006, Charles moved to Sydney, Australia to trade AUD and NZD FX Forwards in the Treasury Management group at RBC. In 2007, he returned to Toronto to assist with the management of the CAD FX Forward book and to expand the STIR trading capabilities within Treasury Management. In 2010, Charles joined the Fixed Income repo desk in the Central Funding group. Charles is a member of the Toronto CFA Society and is also an active alumnus of the Rotman School of Management. A proud champion of diversity, Charles is the Executive Sponsor for the Global Markets Pathways Diversity Award Program at RBC Capital Markets. Charles actively supports community as both a volunteer and supporter for Outside Looking In, The Children’s Book Bank and United Way Greater Toronto. Charles is a United Way MIG Cabinet Member and serves as co-chair of the RBC Capital Markets Annual Employee Giving Campaign. In 2023, Charles was asked to co-chair a BA related working that was setup by the Bank of Canada under CFIF as part of CDOR cessation.
Maksym Padalko	Operations and Policy Advisor	Bank of Canada	As an operations and policy advisor in the Financial Markets Department at the Bank of Canada, Maks Padalko is helping the central bank design and implement new market operations to fulfill its monetary policy and financial system mandates. His work includes the evolution of trading and collateral systems, from front to middle and back office operations, guaranteeing efficient trade execution. In addition to this, Maks maintains active coordination with the Canadian financial industry on various market infrastructure initiatives. He has notably contributed to implementing a new methodology for Canada’s risk-free reference rate (CORRA). Throughout his tenure at the Bank of Canada Maks managed the domestic market operations team, traded assets and liabilities in the Canada’s foreign reserves portfolio and conducted analysis across a variety of subjects. Maks has broad expertise in fixed income markets and central bank operations.
Fabrice Tomenko	Chief Executive Officer	Clearstream International SA