CACEIS has presented its feedback from experience as well as numerous solution proposals in order to help its clients to better control risks. The breakfast seminar was well received by thirty asset management companies and institutional investors that were invited.

The event was co-chaired by Guillaume Fromont, Member of the Management Board of CACEIS, Jean-Marc Eyssautier, Chief Risk and Compliance Officer of CACEIS and Christophe Dupont, Head of Product and Marketing CACEIS in Paris. They stressed the role of the depositary bank during this financial crisis and the way it provided continuous support to clients, institutional investors and asset management companies alike, enabling a better management of the risks and increased transparency.

At the end of this breakfast seminar, Jean-Paul Nicolaï, CEO of OTC Conseil, a consultancy firm specialised in risk management, explained the current expectations of asset management companies within the context of a financial crisis. He also emphasised on the importance of long term risk control at various levels.

Finally, he mentioned the changes to expect, as well as the observed feedback, notably the trend toward outsourcing of critical functions, outside of the core business, to third parties such as CACEIS, in order to reduce risks and increase cost efficiency.