February 12, 2014 Meeting
Sponsored by Capital One
PROGRAM INFORMATION12:30 - 1:00 p.m. Buffet Lunch, Welcome and Introductory Remarks
1:00 - 1:50 p.m. Topic: The Real Estate Market, Where We’ve Been and Where We’re Going.
CNBC reporter Diana Olick will focus on the roller coaster ride that was the real estate market since the turn of the 21st century. As CNBC’s real estate correspondent, she has had a front row seat in reporting the details surrounding housing construction, home sales, the mortgage market, foreclosures and the nascent recovery of the housing industry and its effects on the US economy. She will also give her projections for 2014 and beyond.
Learning objectives: • Understand the relationship between the deflation of the housing bubble and effects on the US economy • Learn the forecast of future housing trends from a journalist who is well versed in the workings of the market • Develop an awareness of key trends that may affect future economic activity.
Speaker: Diana Olick is an Emmy Award-winning journalist, currently serving as CNBC's real estate correspondent as well as the author of the Realty Check section on CNBC.com. She also contributes her real estate expertise to NBC's "Today" and "NBC Nightly News with Brian Williams." Olick has a B.A. in comparative literature with a minor in soviet studies from Columbia College in New York and a master's degree in journalism from Northwestern University’s Medill School of Journalism.
2:00 - 2:50 p.m. Topic: “Technology is poised to change Corporate Treasury - An FX case study”
Corporations are using a variety of systems and a good deal of manual labor to collect, understand and hedge their risk. They are struggling to meet hedge accounting and risk analytics such as VAR and CVA in a cost effective manner. Technology is now poised to integrate a variety of processes and make everything from understanding the market place and ones risk to pleasing auditors in a seamless and efficient way. We will explore the case using FX exposure.
Learning Objectives: • Learn to manage FX risk more efficiently. • Discover how to use technology to understand and manage FX risk. • Understand how to manage FX risk through a case study.
Speaker: Demetri Papacostas is Head of the FX, Economics and Technical Analysis team of specialists at Bloomberg Previous to Bloomberg, he was a Managing Director at JPMorgan running the Commercial Bank FX sales team in New York and Commercial bank FX Derivatives sales nationally. From 2003- 2007, he established a global FX derivative sales business for ABN AMRO. Prior to ABN he was a Managing Director and Head of Currency Derivative Sales for JPMorgan, Additionally, in his many years in the financial industry, he established and managed very profitable currency options and precious metal trading and sales operations, for other major financial institutions including, Royal Bank of Canada, Security Pacific (Bank of America), UBS and Marine Midland. He has a BA from New York University in Economics and Computer Science and an MBA from Pace University, with numerous honors and distinctions for academic achievement.
Please register by February 10, 2014, using our online meeting registration form (www.gwafp.org).
CPE, CAE, and CTP CREDIT INFORMATION
Course attendance recommended for 1 CPE, CAE or CTP credit per 50 minutes.
Delivery Method: Group-live
Program Level: Intermediate
Prerequisites: No Prerequisites Required
Advanced Preparation: No Advanced Preparation Required
Greater Washington Association of Financial Professionals is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Nashville, TN37219-2417. Website: www.nasba.org.
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