Finance 2025: A CSFI/LIBF round-table exploration of developments in global capital markets

Held on Monday, June 17


Speakers

  • Octavio Marenzi (Opimas)

  • Monica Summerville (Tabb Group)

  • Kirston Winters (IHS Markit)

  • Philip Taliaferro (Broadridge)


Agenda

 

This is the fourth in a series of ‘blue-sky’ events that the CSFI is organising with the London Institute of Banking and Finance, looking at the shape of the financial services sector in 2025.

Previously, we have looked at retail banking, investment management and payments. Now, we are tackling one of the trickiest aspects of the whole FS universe – the capital markets. No one disputes their centrality – or the desirability of developing healthy, competitive capital markets as an alternative to reliance on bank (or PE) finance. After all, the EU’s next grand project is Capital Markets Union – and we all look enviously at the breadth and depth of US markets. But – and there are ‘buts’ – there are real issues around the IPO market and fears about what happens to both equity and bond markets when/if the happy days of QE come to an end. There are also all sorts of questions over ultra-high speed trading, over ‘dark pools’, over algos, over short-termism, over market consolidation – all of which deserve an airing. As does the broader impact of technology; after all, what is the London Stock Exchange (or the NYSE or any exchange) but a very complex algorithm in a very big box?

Hence this opportunity to peer into the future, with the help of a distinguished panel, including:

  • Octavio Marenzi is the CEO of Opimas – a management consultancy focused on capital markets. He was a partner at Oliver Wyman, following the firm’s 2008 purchase of Celent – a global research company that he founded in 1999. Before that, he founded (and sold) Meridian Research, and worked at Tower Group, UBS Asset Management and Booz Allen. He received his BSc and MSc degrees from MIT.

  • Monica Summerville is the director of FinTech research and head of Tabb Group UK. She has more than 20 years on both the sell and buy side – inter alia with J&W Seligman, ABN AMRO, PwC and RiskWaters.

  • Kirston Winters is an MD at IHS Markit and co-head of product management for MarkitSERV, the largest processor of OTC derivatives. He is a former director of business development at the DTCC.

  • Philip Taliaferro, head of strategy at Broadridge for Europe and Asia-Pac. He is a former management consultant, having worked at PwC and Booz Allen. Philip holds an MBA from Columbia Business School and a Master of Engineering from the University of Virginia.

Lots to talk about. If you (or a colleague) would like to join us, please let us know by emailing alex@csfi.org or by calling the Centre on 0207 621 1056. We will begin sharp at 6.30pm, but there will be tea and coffee from 6pm – and drinks afterwards.

Many thanks,

Andrew Hilton

Director

CSFI