Speaker(s)

• Joseph C. Meek Corporate Director of Treasury, SSM Health Care
• Jeanine H. Arnett Government Relations Manager, Association for Financial Professionals

Now that Congress and the administration have redesigned our nation’s financial regulatory system, the impacts on treasury and finance are far and wide. This session targets treasury and finance professionals interested in the landmark legislation that recently passed through Congress; the impacts of that legislation; and the resulting regulation. Washington insiders and members of the Government Relations Committee will discuss the recent midterm elections and evaluate the impacts on our industry.

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212

Speaker(s)

• Tod J. Gordon Managing Director, J.P. Morgan Chase & Co.
• David C. Nelson Vice President, Investor Relations & Treasury, Cognizant Technology Solutions

In 2008, Cognizant wanted to centralize its treasury processes into its India-based Shared Services Center (SSC), establish a global center of excellence for treasury operations and run an efficient and streamlined global cash platform. Working with its global banking partner, a scalable solution incorporating payables, receivables, spot FX and liquidity management was developed. Hear how Cognizant successfully completed this complex, global undertaking.

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202

Speaker(s)

• Martin Campbell President, M. Campbell Associates, Inc.

This session will help treasury professionals focus on the steps necessary to plan a career in finance. An examination of the market and technical changes taking place in the treasury job search/career development arena; a review of the blocks/steps necessary to keep pace with the market and technology for treasury and risk management; and an overview of the market for job search/career development process will be covered.

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214D

Speaker(s)

• Mark Lewis Director, Corporate Treasury, Wall Street Systems
• Cindy Wang, CFA Director, Treasury Systems and Operations, Toyota Financial Services

As the strategic role of treasury grows within an organization, the necessity to streamline complex treasury operations increases. Toyota Financial Services replaced standalone subsidiary systems with a bank agnostic. They also centralized the treasury platform, where banks compete on service and price to overcome integration and manual processes and improve STP and e-payments. Identify which key factors can help you decide whether simplification is necessary for your business.

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204

Speaker(s)

• Robert W. Lau, CFA Senior Director of Treasury, Informatica
• Paul Reisz, CPA Senior Vice President, PIMCO

The dramatic dislocations in the cash markets have investors concerned about their short-term funding needs and investment options. This session will focus on the state of the economy and the impact on the cash markets as well as our outlook on the markets going forward. A framework that can be used to assess liquidity needs and asset allocation will be provided.

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206

Speaker(s)

• Elizabeth Robertson, CCM Director of Payments Research, Javelin Strategy & Research
• Gavin P. Waugh, CTP Vice President & Assistant Treasurer, Wendy's/Arby's Restaurant Group
• Greg Worch Senior Vice President, Chase Paymentech
• David Bellinger, CTP Director, Payments, Association for Financial Professionals

Interchange has been a contentious issue between merchants and card networks for a long time, but will the new financial legislation resolve the situation? The Federal Reserve has been given responsibility for writing new regulations for debit interchange and other card network rules that are likely to significantly impact market pricing. Will these changes bring explicit price controls, including pricing at par, or will it produce unintended consequences such as lower debit card usage by consumers? If prices are as expected driven significantly lower, what competitive actions will merchants, acquirers, issuers, and the networks take, and what are the likely consequences?

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214BC

Speaker(s)

• Jay L. Rosenberg Lead Portfolio Manager, Global Infrastructure Strategy, FAF Advisors
• John E. Q. Orner, CTP Vice President,Treasury & Chief Investment Officer, BlueCross BlueShield of MN

As economic global growth resumes, infrastructure projects will offer attractive opportunities for institutional investors. This discussion will focus on how infrastructure investments can act as a diversifier in retirement plans due to infrastructure’s inflation protection and its lower long-term correlation with the broader equity and fixed income markets. Learn how institutional investors can gain exposure to infrastructure investments, which investment vehicles investors use most, and how to implement them.

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213

Speaker(s)

• Marco A. Reategui Director, RBS
• Ramon R. Uribarri, CTP Global Treasury Analyst, International Paper Company

Counterparty risk has dominated the corporate agenda for the past 18 months and it has led to the creation of some clever in-house models to keep track of the health of your various counter-parties. This session will show you how some companies are mapping risk, the new set of metrics being applied, and how much trust one can put in the newly regulated rating agencies. You may not have resources to develop your own application, but here are some lessons to take away.

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216

Speaker(s)

• Christopher J. Growney Co-Founder, Clearwater Analytics LLC
• David L. Atchley Senior Manager, Global Investments, Cisco Systems, Inc.

Senior executives with finite time need financial reports that provide immediate access to pertinent data. Those tasked with providing executive-level reports must ensure they distill the most impactful information and generate actionable, transparent reports. This presentation will examine senior management needs and the tools and techniques that make Treasury professionals successful when reporting up to senior management.

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203

Speaker(s)

• Joel M. Anderson Corporate Credit Manager, Total Petrochemical USA, Inc
• Joseph J. Prudente Vice President, Worldwide Credit, Future Electronics Corporation
• Gary Haberman Director of Research, Global Credit Services LLC

Enterprise Risk Managers must understand the financial strength of their suppliers. While the nature of Procurement Risk differs from Selling Risk, common elements link analysis on both sides: Time span (contract, turnover), the nature of components/products (marketability and obsolesce), concentration (dependence) and counterparty financial strength. Participating credit professionals will discuss how their credit analysts serve the procurement process as well as the sales process and how they maximize the impact of their contribution.

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202

Speaker(s)

• Joseph Peterson Senior Vice President, PNC Business Credit
• Kevin S. Boyle Chief Financial Officer, SPT Inc.

During challenging economic times, many companies evaluate whether to consolidate or diversify their banking relationships. Determine the risks associated with bank relationships, credit availability, and managing multiple banking fees. Evaluate the pros and cons of diversity and learn best practices for effectively selecting your banking partners.

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214D

Speaker(s)

• John Cowart, CTP Vice President, Cash Management & Trade Finance Sales, Deutsche Bank
• Stephen Gehring Regional Manager, West Coast, SWIFT Pan Americas
• Peter Schmitz Global Treasury Product Manager, Dell Inc.

This presentation will assess the corporate to bank messaging environment, providing context around how global banking trends in technology and trade have led to an increasing number of corporations embracing SWIFT as their preferred messaging platform. Explore the practical implications of moving to SWIFT, including benefits realized and lessons learned. Discuss financial benefits in terms of ROI and time to recover initial investments coupled with newly achieved operational efficiencies around risk mitigation and improved controls.

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207

Speaker(s)

• Amy B. Lainge, CTP Manager of Global Treasury Operations, Chiquita Brands International, Inc.

Cash forecasting continues to be a challenge for most companies. Learn the process that Chiquita Brands International, Inc. utilizes to generate an 8 week rolling global cash flow forecast including how they consolidate the data, the challenges they face, and how they deal with them.

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Room:
217A

Speaker(s)

• Carole A. DeNale Senior Vice President & Treasurer, CVS Caremark
• Janet Garrity, CCM, CFA Vice President - Financing & Cash Operations, Verizon
• Kevin Roth, Ph.D. Managing Director, Research and Strategic Analysis, Association for Financial Professionals
• Michael Connolly Vice President and Treasurer, Tiffany & Company
• Karen Peetz Vice Chairman and Chief Investment Officer of Financial Markets and Treasury Services, BNY Mellon

This session will provide you with insights from an interactive discussion on career opportunities and challenges. You will hear the highlights of the AFP's Women in Finance survey, which explores the impact of the recession on women's career opportunities and advancement. Each panelist will provide an overview of her career path including challenges and opportunities that each one faced throughout their careers.

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217BCD

Speaker(s)

• John R. Voorhis, CTP Director of Treasury Operations, Omnicom Group, Inc.

Centralized Deposit Services (“CDS”) is a receivables solution developed by Omnicom Group Inc. that has enabled its agencies to close over 160 depository bank accounts, many with wholesale lockboxes. Through unique identification of all paper deposits and electronic receipts Omnicom’s US treasury center is able to process its agencies’ receipts through just two bank accounts that serve as receipt channels for ultimate credit straight through to receiving agencies’ in-house-bank accounts.

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215

Speaker(s)

• Greg Hebard Assistant Treasurer, Jabil Circuit, Inc.
• Sergio A. Cadavid Corporate Treasurer, Jabil Circuit, Inc.
• Ivan O. Asensio Senior Vice President, FX Risk Advisory & Sales Structuring, HSBC Bank USA, N.A.

As global institutions expand beyond domestic borders, emerging markets offer attractive prospects for revenue growth, margins and market share, yet introduce new financial risks, central to the value proposition of operating in the countries. Discuss some of the main challenges of doing business in emerging markets, such as, currency non-convertibility & illiquidity, central bank intervention, cross-border tax asymmetries, upward inflation pressures and general price instability, and determine hedge strategies for addressing the risks.

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203

Speaker(s)

• Robert C. Knecht, Jr., CTP Director - Treasury Operations, Campbell Soup Company
• Laurie C. McCulley, CTP Principal, Treasury Strategies, Inc.

This session will explore best practices surrounding selection of treasury management systems, trading platforms and SWIFTNet - all elements of an optimal treasury technology infrastructure. Attendees will learn how Campbell Soup Company approached their technology selection project, from pre-selection workflow assessment, definition of requirements, development of an RFP and evaluation of responses, to building a business case study for technology.

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202

Speaker(s)

• Kevin E. Bannerton Managing Director, DB Advisors
• Devin Parker, CTP Director, Capital Markets & Investments, Western Union Treasury

Corporate treasury investors are focused on tying all elements of balance sheet investing together to evaluate the total risk of their company’s portfolio. Learn how Western Union utilizes various methods to view risk and exposures across a variety of investment vehicles and counterparties, including bank deposits, mutual funds, and separate portfolios. By enhancing transparency, Western Union has been able to assess and manage risk, and proactively adjust their investment portfolio to changing market conditions.

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214D

Speaker(s)

• Karen M. Weller, CTP Director of Derivatives, Royal Caribbean Cruises, Ltd.
• Mark J. Cvrkel Treasurer and Chief Financial Officer, Susquehanna Bancshares, Inc.
• William M. Murray Senior Vice President & Treasurer, U.S. Foodservice, Inc.
• J Michael Bontrager President and Founder, Chatham Financial

With significant interest rate and capital structure volatility, firms have found difficulty managing interest rate risk over the past 2 years. Corporate treasury practitioners from diverse industries will discuss how each goes through the process of managing their interest rate risk. Topics include: determining fixed-floating mix target; best pricing from hedge providers; communications between treasury and accounting for any hedging transactions; and negotiating legal documents with potential hedge providers.

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204

Speaker(s)

• Deepa Palamuttam Director, Treasury Controls & Operations, Intel Corporation
• Diane Reyes Managing Director, Global Payments Head, Citi
• Ronni Horrillo Assistant Treasurer, Google, Inc.

Developing countries in Africa, Asia, Eastern Europe, Central and Latin America, among others, are key destinations for payments including vendor payments, payroll, dividends, incentives, insurance claims, and social security and pension payments to retirees. Making payments to beneficiaries in these countries can present unique challenges as many emerging nations lack proper infrastructure and technology to deliver seamless straight through processing of cross-border payments originating from the United States or Western Europe. To make matters more complicated, these developing countries have currencies that are considered “exotic” and not traded freely or can be faced with political uncertainty, economic weakness or natural disaster. Nevertheless there is a way to make payments to these locations.

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206

Speaker(s)

• Yumi H. Clark Group Manager, Intuit, Inc.
• Janet O. Estep President & CEO, NACHA -- The Electronic Payments Association

Businesses transact trillions of dollars annually using the ACH Network. Learn how businesses can gain value from ACH and streamline payment operations; how new ACH applications and recent enhancements can benefit evolving business payment needs; how ACH can be leveraged for international, healthcare, B2B, and mobile payment opportunities. Hear a practitioner’s view of successful strategies for increasing use and benefits from electronic payments and payment networks.

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214BC

Speaker(s)

• Cristina Pintado Director Working Capital Sales, Standard Chartered Bank New York
• Bruce Robertson Assistant Treasurer, Westlake Chemical Corporation

Although some global corporations have found cash management solutions when operating in emerging markets, there is still a struggle to replicate the same model country-by-country. It is essential to achieve and maintain greater levels of efficiency in managing and accessing cash, especially for corporations with a presence in the Emerging Markets. Hear from a corporation operating in China, who will identify the driving factors, obstacles and possible solutions to manage cash and increase visibility.

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213

Speaker(s)

• Peter Chau Senior Financial Analyst, Google, Inc.
• Helen Kane President, Hedge Trackers, LLC

With the expectation of worldwide accounting standards on the horizon, US GAAP and IAS (International Accounting Standards) are both moving toward a similar framework. This session provides an overview of the path corporate hedge programs might need to follow starting with the current interpretation of FAS 133 (ASC 815) through the recently issued exposure draft and then on to IAS 39 and what the worldwide standard could look like.

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212

Speaker(s)

• Greg V. Tuman Account Executive, CSI Leasing, Inc.
• Guillermo Gualino Assistant Treasurer, Flextronics International

In evaluating equipment leases, most companies perform a lease vs. buy analysis to negotiate the lowest rent possible. However, they later find out about additional expenses and higher rent payments when trying to move, upgrade or return the leased equipment. Hear from Flextronics, the largest Electronic Manufacturing Service Company, and an experienced independent Lessor who will share contract negotiation best practices to avoid the most common "gotchas" in lease arrangements.

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210

Speaker(s)

• Marsha A. Lacy, CTP Assistant Treasurer, Republic Services
• Tracey Ferguson Knight Head of Corporate Treasury Operations, Thomson Reuters

Republic Services successfully merged two treasury departments (Allied Waste and Republic Services) and implemented a new treasury management system at the same time. Having used limited resources and a defined process for success, Republic Services shares their methodology with you. Learn how you can lead an implementation with minimal resources (IT/Treasury) and what steps will result in a successful implementation!

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Room:
205