David Hagen, Commission de Surveillance du Secteur Financier, (CSSF)

David Hagen David is Head of IT supervision & Supervision of Support PFS at the Commission de Surveillance du Secteur Financier Prior to join the CSSF in October 1999, he worked as an IT Finance consultant at PwC Luxembourg and led various management IT functions for major financial institutions. David graduated in IT applied to Management from the University of Nancy II and holds a Master « M.I.A.Ge. » ((Maîtrise d’Informatique Appliquée à la Gestion) He is Associated Lecturer at the Luxembourg’s University on Risk & Security matters (Master in information system security), member of the Luxembourg’s National Committee on Digital Signature in charge of final approval of Certification Authorities, Honorary President of the Luxembourg Association for Security of Information Systems (CLUSIL) after ten years of presidency, member and former member of various working groups (Haut Comité à la Place Financière – FinTech WG, European Supervisory Market Authority (ESMA), Basel Committee…). He received recently the “Lifetime Career” award from the Luxembourg’s ICT community for his outstanding contribution. He is co-author of two academic publications: CLOUD PROVIDERS VIABILITY: HOW TO ADDRESS IT FROM AN IT AND LEGAL PERSPECTIVE? (Cesare Bartolini, Donia El Kateb, Yves Le Traon, David Hagen (2015)) and OPERATIONAL RISK MANAGEMENT IN FINANCIAL INSTITUTIONS: PROCESS ASSESSMENT IN CONCORDANCE WITH BASEL II (C. Bernard, D. Hagen, P.Maar, D. Reinard, B. Di Renzo, M. Hillairet, M. Picard, A. Rifaut, (2005))
9.25-10.10

Panel discussion - View from the C-Suite

The asset management industry is experiencing a set of unprecedented structural shifts.
These include; a shift in responsibility for long-term savings from state to employer to employee, the value for money of active management being questioned by stakeholders, significant fee compression, an increasing customer propensity to buy products through digital channels, the use of analytics and artificial intelligence to make better investment decisions and increasing expectation that institutional shareholders should exercise greater stewardship over investment decisions.

How should the asset management industry respond?

Three senior Asset Management executives together with the Chairperson of ALFI provide insights into the future of the Asset Management industry


10.10-10.40

Part I - Crypto currencies and their relevance to Asset Management


11.30-11.55

Part III - A checkpoint on reality in assessing whether investor protection lines of defence can keep pace and be more effectively enabled through technology

Transformational technology; what does it mean for control functions


12.05 - 12.35

The evolving role and profile of the Regulator

As Asset Management evolves, embraces new technology and shifts its own paradigms, how is the role of Regulator adapting to these changes? We will hear from experts representing both the CSSF and the FCA, specialising in preparing the regulator for such change and adapting to regulate the Asset Manager of tomorrow

  • David Hagen

    David Hagen Head of IT Supervision and Support PFS Commission de Surveillance du Secteur Financier, (CSSF)

  • Anna Wallace

    Anna Wallace Head of Innovate Financial Conduct Authority (FCA)