| Arvinder Bharath (International Monetary Fund)
| Beju Shah (Bank for International Settlements)

Session #27 of FNA’s CBDC Broadcast delves into Project Polaris- a collaborative initiative focusing on the exploration and analysis of potential risk and mitigation strategies associated with tokenized securities and Central Bank Digital Currencies (CBDCs)

Guest Arvider Bharath (IMF) and Beju Shah (Bank for International Settlements) joined FNA to guide us through the project, which aims to provide a comprehensive understanding of how these emerging financial technologies can impact the stability of the financial system. We also discussed the role and importance of technologies like blockchain and international collaboration as guests shared case studies and lessons learned from the project.

• The key takeaways from Project Polaris
• Recommended risk mitigation strategies
• Case studies and lessons learned from Project Polaris

| Neil Thomas, Managing Director, Goldman Sachs
| Alan James Anderson, Head of Liquidity Technolgy, Standard Chartered

It is imperative to remain ahead of the curve by embracing cutting-edge technological advancements and leveraging them to their full potential.

In this session of the Treasury Broadcast, guests Neil Thomas (Goldman Sachs) and Alan James Anderson (Standard Chartered Bank) joined FNA to address the technological challenges in bank treasury, stretching across liquidity and funding management, collateral, capital and transfer pricing.

During the session, we focused on tackling the technology challenges encountered across each of these areas. Sharing their expertise, Neil and Alan guided us through effective strategies for addressing these challenges before providing their own take on how recent market events have impacted prioritization in their institutions.

In this session, we discussed the following:

• The key technology-related obstacles banks face when implementing real-time solutions for cash, securities and collateral
• How recent events have impacted banks’ technology priorities
• The elements that ensure seamless integration and data interoperability
• How to architect global platforms in a way that allows flexibility to meet local business requirements
• How banks frame the issue of build vs buy when it comes to treasury management systems
• The classes of new technology that hold promise for enhancing efficiency in treasury operations

| David Minch-Dixon, Deutsche Bank
| Peter Left, Lloyds Banking Group

Guests David Minch-Dixon and Peter Left joined FNA for the first session of our new webinar series, the Treasury Broadcast, exploring the key liquidity challenges and risks facing the banking industry today.

As two experienced bank treasurers, David and Peter offered an insight into their risk management strategies and how they have since evolved to face challenging market dynamics. We also explored the effectiveness of risk mitigation strategies in response to market events and how they have fostered a risk-aware culture within their organisations.

In today’s FNA Talk, John Hagon, Chief Operating Officer at CLS and FNA’s Adam Csabay focus on how to maintain resilience during systemic disruptions. In the second part of the episode,John discusses whether the COVID-19 Crisis has changed his team's approach to business and operational resilience; outlines his views on the implications for coordination and collaboration between the FMIs and their overseers; as well as highlights the sources of systemic disruptions that will need to be paid attention as a priority to going forward.

Index

00:00 - Introduction

01:25 - What lessons has the COVID-19 crisis taught us in relation to systemic disruptions, and the processes and procedures for tackling their impact?

04:08 - What will be the implications for coordination and collaboration between the FMIs and the authorities that oversee them?

06:49 - Which sources of systemic disruptions should the FMIs and overseers focus on as a priority going forward?

09:32 - How will the future of work change in Finance in response to the current pandemic?

In today's FNA Talk, John Hagon, Chief Operating Officer at CLS and FNA's Adam Csabay discuss how to maintain resilience during systemic disruptions. The first part of the episode focuses on the impact of the COVID-19 Crisis on the FMI landscape, the implications for CLS' operations and the taxonomy of its response; as well as the practical applicability of technology-based tools and frameworks.

Index

00:00 - Introduction

01:25 - How has the COVID-19 crisis impacted the FMI landscape?

04:06 - What were the implications on CLS's operations? And which areas have been the most affected ones?

08:56 - What immediate steps has the operations team taken to tackle the impact of the COVID related disruptions?

11:58 - Has FinTech - or innovative technology in general - provided any useful tools or frameworks