Frankfurt Finance Summit: Challenging times – who is ready to set the pace?

Themes that will be discussed at the 8th Frankfurt Finance Summit:

  • Tomorrows strategies in the financial industry in times of change and uncertainty
  • Euro clearing: an open race
  • Finance beyond digitalisation: Artificial intelligence as the new frontier

Since 2011, renowned international and national experts from the financial industry have gathered at the Frankfurt Finance Summit. Under the motto “Ready, Steady, Go! Who is ready to set the pace in challenging times?”, decision-makers from central banks, stock exchanges, supervisory authorities, banks, insurance companies, politics, business and academia are meeting on 29 May 2018 to discuss current issues faced by European Economy, regulators and financial markets.

This year’s summit evolves around the strategic responses to challenges faced by the financial industry in times of change and uncertainty. Moreover, the future location and supervision of euro-denominated clearing transactions by central counterparties after Brexit will be discussed by leading financial industry experts. Participants will also debate the advancement of artificial intelligence and the potential implications for banks and financial institutions. The event can be watched live via the following link: www.frankfurt-main-finance.com/livestream

„We are pleased that the summit allows us to discuss a wide range of topics with leading experts. The questions to be debated are of utmost importance to the future of the Financial Centre Frankfurt as well as to the entire financial industry,” says Dr. Lutz Raettig, President of Frankfurt Main Finance.

The Frankfurt Finance Summit is a well-established forum that is characterized by the exclusivity and expertise of its attending experts. Amongst the participants are Katharine Braddick, Director General of Financial Services at HM Treasury, Jeremy Browne, Special Representative of the City of London Corporation to the EU, Charles Delingpole, CEO and Founder of ComplyAdvantage, Jeroen Dijsselbloem, Former President of the Eurogroup, former Minister of Finance of The Netherlands, Karin Dohm, Managing Director and Global Head of Government and Regulatory Affairs and Group Structuring at Deutsche Bank, Markus Frank, City Council and Head of the Department of Economy, Sports, Public Safety and Fire Prevention of the City of Frankfurt, Bernd Geilen, Vice-Chairman and Chief Risk Officer at ING-DiBa, Thomas Grosse, Industry Leader Banking and FinTech at Google Germany, Christoph Hock, Head of Multi-Asset Trading at Union Investment Privatefonds, Felix Hufeld, President of the Federal Financial Supervisory Authority (BaFin), Kim Körber, Founder and Managing Director of BETTER ONE, Dr. Jörg Kukies, State Secretary at the Federal Ministry of Finance, Sylvie Matherat, Member of the Management Board and Chief Regulatory Officer at Deutsche Bank, Yves Mersch, Member of the Executive Board of the European Central Bank, Erik Tim Müller, Chief Executive Officer at Eurex Clearing AG, Carsten Mürl, Head of Enterprise Security Solutions Germany at Mastercard, Markus Nigg, COO at ti&m AG, Fabrizio Planta, Head of Markets Department at the European Securities and Markets Authority, JP Rangaswami, Group Chief Data Officer and Group Head of Innovation at Deutsche Bank AG, Dr. Cornelius Riese, Chief Financial Officer at DZ Bank AG, Dr. Thomas Schäfer, Member of the Hessian Parliament and Hessian Minister of Finance, Inken Schönauer, Editor-in-Chief at EURO FINANCE magazin, Professor Dr. rer. pol. Dr. h.c. Udo Steffens, Chairman of the Executive Board at the Frankfurt Institute for Risk Management and Regulation (FIRM), Prof. Dr. Uwe Stegemann, Senior Partner at McKinsey & Company, Francisco Webber, CEO and Co-founder of Cortical.io, Annette Weisbach, ECB Correspondent Germany at CNBC International, and Peter J. Wirnsperger, Partner Cyber Risk Services at Deloitte.

As part of this year’s summit a Frankfurt Finance Market Place will take place at which leading companies of the Rhine-Main region are presenting themselves and which offers networking opportunities.

The next and 8th Frankfurt Finance Summit will take place at Kap Europa located at Frankfurt’s central Europaviertel. The conference will be held in English. Find more information here.

Livestream of Frankfurt Finance Summit

The 8th Frankfurt Finance Summit titled “Ready, Steady, Go! Who is ready to set the pace in challenging times?” is taking place on 29 May 2018 at Kap Europa. Well-renowned international and national experts and decision-makers are meeting to discuss current issues faced by the European economy, regulators and financial markets.

This year’s summit evolves around the strategic responses to challenges faced by the financial industry in times of change and uncertainty. Moreover, the future location and supervision of euro-denominated clearing transactions by central counterparties after Brexit will be discussed by leading financial industry experts. Participants will also debate the advancement of artificial intelligence and the potential implications for banks and financial institutions.

You can watch the summit via livestream!

Ceinex Newsletter of May

CEINEX Newsletter – May 2018

The new CEINEX (China Europe International Exchange) newsletter is out now. Below are the highlights in CEINEX newsletter of May:

  • Ceinex Welcomes Decision by Qingdao Haier to Issue D-Shares in Frankfurt
  • Qingdao Haier Shareholders Back Frankfurt Listing
  • Xi Vows Non-Stop Effort in Reform, Opening up
  • Central Bank Governor Gives Details, Timetable on Financial Opening up
  • China to Pilot Domestic Listing, CDR Issuance for Innovative Firms

CEINEX is the first dedicated platform for China- and RMB-related investment products outside Mainland China that publishes a monthly newsletter featuring CEINEX news and news from their three shareholders – Shanghai Stock Exchange (SSE), Deutsche Börse Group (DBAG), and China Financial Futures Exchange (CFFEX).

Download the Newsletter as a PDF here!

To subscribe  the newsletter by e-mail, please write to ceinex.forum@ceinex.com.

Euro-Clearing after Brexit – Hubertus Väth in BBC Radio 4 Interview

The Economic and Monetary Affairs Committee of the European Parliament just released a statement on the future regulation of Central Counter Parties (CCP). The euro clearing by CCPs is an important part of the financial architecture of the European Union following Brexit. At the moment, the majority of transactions is handled by a London-based company. Currently, it is up for debate whether this will continue to be the case. In an interview with Dominic O’Connell on BBC Radio 4 Hubertus Väth, Managing Director of Frankfurt Main Finance, discusses the recent ECON statement, which is an indicator for how the EU might eventually decide.

While it is not certain what the consequences of Brexit will be for the financial centre London, it can be assumed that euro denominated interest swaps will be under heightened supervision by the European Securities and Markets Authority (ESMA) and the European Central Bank. Second to London Frankfurt is the most important centre for euro clearing and generally, having more than one euro clearing institution is of importance as it allows for more stability in times of a crisis. While a relocation might have some economic impact, research conducted by asset managers found that a relocation promises to be beneficial to pensions.

Listen to the full interview!

Eschborn for Business 2018

Eschborn for Business 2018

The Trend Concept New York and how Start-Ups are Transforming Work Culture

The newest edition of the magazin Eschborn for Business is now available. The annual, English-German magazine puts a spotlight on Eschborn as an emerging modern business location, focuses on the city’s economic growth and uncovers interesting trends in sustainable city development.

The current issue of Eschborn for Business 2018 covers the trending concept “New York” – which allows employers to participate more and work more independently. Find out more about the innovation friendly concept and the key role of start-ups and agile FinTechs on page eight.

“Forget your shirt and tie, it’s time for beer and pizza!” Start-ups, especially FinTechs, known as pioneers of innovation, are shaping work culture at the FrankfurtRhineMine financial hub: “Despite digitalisation, the ‘human factor’ will be more important in business going forward than ever before”, says Helen Hain, CEO MarketDialog Eschborn. Read more about Frankfurts start-up scene and learn some fun facts. For example, did you know for example that 24 percent of the German start-ups have their own footie table in their offices?

Find more interesting reports, interviews and background stories relating to Networks, Business, Infrastructure and Eschborn Activities. Here are some highlights of this year’s edition:

  • “Small but smart. A quality location” – Eschborn has been growing steadily as a business hub over the past 40 years. Learn more about its small but smart profile.
  • “More space. More green. More at ease” – Gertler Estates intends to set new standards at Eschborn Süd.
  • “Eschborn 2030+ Ideas for the future” – Together with the mayor and local businesses, the city is currently working on an ambitious project: a Masterplan for the future of Eschborn.
  • “The Hessian Oscar” – the exemplary achievements of thirty volunteers were honoured by the communal movie theatre Kommunales Kino Eschborn K

Eschborn: top location with high standard of living

Thanks to a combination of relevant business factors, the city of Eschborn, with its population of 21,000, has developed into an international and modern business hub. Ninety-five percent of the over 4,000 local businesses are service providers, primarily in the finance, IT, consultancy, and telecommunication sectors. About 80 high-tech companies have also settled in Eschborn, establishing the city as an important innovation hub in the FrankfurtRhineMain area.

Download the 2018 edition of Eschborn for Business!

J.P. morgan Corporate Challenge. Quelle Logo J.P Morgan

Frankfurt prepares for J.P. Morgan Corporate Challenge

The world’s biggest corporate run

On June 7th the world’s biggest corporate run takes place in Frankfurt am Main: The J.P. Morgan Corporate Challenge! On running day it’s all about team spirit, communication, collegiality, fairness and health.  In 2017 63,776 runners from 2,419 companies took place in the event at which sports and competitiveness come in second. The registration period has closed a few days ago and the Financial Centre Frankfurt now prepares for one of Frankfurt’s biggest yearly events.

63.776 runners from 2.419 companies

The J.P. Morgan Corporate Challenge in Frankfurt is part of a worldwide connected network of running events for permanent employees and employees from all business areas. In 2018 the run will start at Hochstraße and Börsenstraße. It will end after a distance of  5.6 kilometers at Senckenberganlage (Dantestraße).

Source: J.P. Morgan Corporate Challenge

Frankfurt Main Finance

Frankfurt Main Finance e.V. continues to grow and extends its executive board

The Financial Centre initiative Frankfurt Main Finance e.V. continues to grow in 2018. With Reinvent Law GmbH, Fincite GmbH and Accelerator Frankfurt GmbH joining, the initiative gained three new members – raising the number of members to 54. Through their membership the representatives of public administration, science, the financial market and financial technology demonstrate their commitment to the Financial Centre Frankfurt, advocate for its national and international importance and actively take up current finance topics.

The executive committee appointed Andreas Glänzel as managing director with immediate effect to strengthen the executive board. Frankfurt Main Finance is thus reacting to the growing demand for information on the Financial Centre. The 53-year-old banker Glänzel has long-standing experience in the field of financial communication and previously held the position of marketing director at the Deutsche Bank corporation. As managing partner of NewMark Finanzkommunikation he currently supports companies in the field of digital communication. Moreover, he lectures students at the International School of Management on marketing and communication.

“The Financial Centre Frankfurt is on the rise. This is shown by the global demand for information on the Financial Centre Frankfurt and the growing number of our members.”, says Dr. Lutz Raettig, President of Frankfurt Main Finance. “We are proudly welcoming Reinvent Law, Fincite and the Accelerator Frankfurt, who are each seizing the opportunity that digitalisation brings and are thus shaping the future. Andreas Glänzels appointment as managing director is a great addition that allows us to react to new challenges in several ways.”

The new member Reinvent Law GmbH was founded in December 2017 and offers its services as Legal Innovation Hub to law firms, corporate legal departments, legal tech companies and universities. They focus on testing new legal tech solutions live, using the knowledge of experienced entrepreneurs and developing new products in close collaboration with Reinvent employees.

The in April 2015 founded software company Fincite GmbH offers software solutions for digital asset & wealth management. Their platform Fincite.Core is the basis for robo advisory and other asset management products, which enable financial service providers to analyse, monitor and optimise existing portfolios as well as to implement dynamic saving plans – across multiple accounts and deposits. Fincite stands for a new, interconnected finance approach, which prioritises the end customers portfolio performance.

Founded in 2015, Accelerator Frankfurt is an independent accelerator that supports startups becoming ready to enter the German market by connecting them with partners, clients and investors. The startups complete a four-month go-to-market program during which they have access to a shared workspace, conference rooms and other services that are offered by partners. The program focuses on Fintech, RegTech, Cybersecurity, InsureTech, PropTech und Blockchain startups.