David Claus, The Bank of New York Mellon

David Claus

David is Country Head, Luxembourg and Regional Executive, Asset Servicing, in charge of Southern Europe and Luxembourg.
In that capacity, he serves as Member of the Extended Executive Committee for The Bank of New York Mellon SA/NV, and as general manager of its Luxembourg Branch. He is also a member of the BNY Mellon EMEA Operating Committee and the EMEA Asset Servicing Executive Committee.
Previously he was a Business Executive for Asset Servicing in GFI, and member of the management committee of the Brussels Branch. He joined BNY Mellon in London in late 2000 and occupied various client facing/management positions in Asset Servicing and client management.
Prior to joining BNY Mellon, he worked for a Continental European fund manager, running 3rd party distribution as well as operations for their Luxembourg management company. He started his career in 1994 as a fund accountant in Luxembourg. David is a Commercial Engineer from Leuven University in Belgium.
David also represents BNY Mellon at EFAMA as corporate member, and sits on 2 CSSF Committees.  In addition, he chairs the ABBL Depositary Banks Cluster, and is a Board Member of the ABBL.

Agenda

26 September - Day 2
09.10 - 09.15

Chairperson's introduction

  • David Claus

    David Claus Managing Director & Luxembourg Country Executive The Bank of New York Mellon

09.35 - 10.15

Fintech solutions for AML

AML is a challenge for distributors of investment funds and fintech offers solutions to ensure compliance with applicable regulation, in particular client identification requirements.

  • What are the technologies that offer the most potential in this regard and how will they change the industry?
  • What are the existing obstacles to their implementation?
10.45 - 11.25

Distribution support: the plan and the reality

What improvements to the distribution processes are expected from recent regulatory and technological changes? How do they compare to the realities on the ground and how is the role of the asset manager evolving in this context?

  • MiFID II and PRIIPS: first stock-taking
  • Advice and/or robo-advice: is technology changing business models?
  • The digital evolution of fund distribution business

 
11.25 - 12.15

Does sustainability help you sell?

According to the EU Commission’s recent proposals, client’s sustainability preferences need to be taken into account when offering a product. Consequently, the matching product needs to be identified and available. How to go about this? Is a “green” or “social” product making things easier?

Panellists debate these (provocative) questions
14.30 - 15.30

Future products and the future of products

Technology, energy, bitcoins… the target investments of funds are more and more diversified. Asset managers are led towards funding not only the real economy, but also the needs of society as a whole. New generations of investors have new expectations.
But looking beyond asset classes, asset managers are reviewing other features of the products: the risk/reward balance, the active/passive management style, the pricing and fees, etc…
Altogether, how much innovation is going on … and required?
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