2015 Summit Program Brochure - Association for Financial

20
15
Desert
Summit
www.afparizona.org
AFP of Arizona
Desert Summit
Tuesday, September 22, 2015
Desert Willow Conference Center
4340 E Cotton Center Blvd.
Phoenix, Arizona
Featured Morning Keynote Speaker:
Jeff DeWit, Arizona State Treasurer,
presenting “The State of the Treasury”
Featured Luncheon Keynote Speaker:
www.afparizona.org
Join our AFP of Arizona
group on Linked In!
Bob Davies, Motivational Speaker,
presenting “The 1.2% Factor for Financial
Professionals-Working with Integrity,
Synergy and Accountability”
Up to (7.5) CTP, (6.3) FP&A and (4.8) AAP credits
WELCOME
TO
THE
2015
2 0 AFP OF ARIZONA DESERT SUMMIT!
15
Desert
Summit
Thank you for joining us today and for your commitment to the AFP of Arizona and this event.
Today, you will get to exchange solutions with over 100 of your peers at the most important event for
treasury and finance professionals in the Arizona Desert area . The event is a one-stop shop for all
your continuing education credits, offering up to 6.0 CTP, FP&A , 4.8 AAP and 7.2 CPE credits.
Breakout sessions consist of 3 educational tracks covering a wide range of topics including Treasury
Management, Payments, Corporate Finance & Capital Markets, Financial Planning & Analysis and
Risk Management. And new this year, a great panel discussion from Phoenix area CFOs!
In addition to these educational track sessions, we are featuring two incredible Keynote addresses
from nationally recognized economic and motivational speakers.
The Summit offers an abundance of networking to strengthen and grow your industry relationships.
Also new this year is a great Pre-Conference Networking Reception the evening before – we hope you
joined in and made some new connections!
Please take an opportunity today to thank our speakers, sponsors and exhibitors for their time and
resources in supporting today’s event. And please join us at the End of Day Networking Reception
to relax and connect with friends and colleagues.
Again, we wish you a warm welcome.
Your 2015 Desert Summit Planning Team
General Information
Evaluations
Please complete the Session Evaluations after each session you attend. The Overall
Conference Evaluation will be electronic and sent to you immediately following today’s
event. The Desert Summit Planning Committee and the AFPA Board wants your
feedback to continuously improve upon the event!
Exhibitors, Photography and Massages
Please stop by the exhibit booths to learn more about the latest financial products and
services. Sales and promotional activities are limited to authorized sponsors and exhibitors.
Also, complimentary head shot photography and massages are being provided today thanks
to our generous sponsors. Please take advantage of these fun and meaningful activities to
round out your Desert Summit experience.
Continuing Education
2015 Desert Summit
Planning Team
Committee:
Beth Alberts, Bank of America
Merrill Lynch
Adam Hoffert, Pinnacle West
Aaron Lemke, Wells Fargo Bank
Michael Rosenberg, CTP, PNC Bank
2015 AFPA Board of Directors
President:
Vince Fuertes, MAFM, CTP,
American Residential Properties Inc.
CTP and FP&A- The Desert Summit has been approved for Certified Treasury
Professional and Financial Planning & Analysis re-certification credits for the Association
for Financial Professionals (AFP). Your registration packet includes the form to retain.
Treasurer:
AAP- Sessions covering appropriate payment topics defined by the Accredited ACH
Professional Continuing Education Guidelines may be recorded for renewal credits.
Your registration packet includes an information sheet from NACHA-The Electronic
Payments Association with the appropriate program code.
Secretary:
CPE- The CPE field of study and credits for each session you attend will be provided
at the session with a certificate. You must sign in for sessions, both track and general,
throughout today.
Dale Politi, CTP, Salt River Project (SRP)
Thank You Volunteers
There are many professionals and students that have helped with today’s event. We couldn’t
do this event without their energy, time and ideas!
Teal Hersker, CTP, AAP,
MidFirst Bank
Jennifer Nowak, MidFirst Bank
Immediate Past President:
Staff
Zoe Grant, KML Management
Kim Lott, KML Management
Teresa Wright, WrightVision
Caprice Amerine, WrightVision
FEATURED Keynote SPEAKERS
Jeff DeWit, Arizona State Treasurer
SPONSORS & EXHIBITORS
GOLD SPONSOR
presenting “The State of the Treasury”
Jeff DeWit was elected to his first term as Arizona State Treasurer
on November 4, 2014. He took office January 5, 2015 as Arizona’s
33rd State Treasurer.
As Arizona’s Chief Banker and Investment Officer, Treasurer DeWit
oversees more than $13 Billion in state assets and serves as an investment
manager for local governments. Treasurer DeWit also serves as the
Chairman of Arizona’s State Board of Investment, and State Loan
Commission. He also serves as the State’s Surveyor General and is a
member of the State Land Selection Board.
Treasurer Jeff DeWit is a successful Financial Professional with over 22 years of experience. He started
his career in finance in 1992 at one of the largest brokerage firms in the country, moving up quickly to
become one of Smith Barney’s youngest fully licensed Investment Professionals. In the mid-90s Jeff
became a Market Maker in financial futures contracts as one of the youngest Full Members of the
CME as well as a Full Member of the Chicago Board of Trade.
In 1999, Treasurer DeWit started a company called ECHOtrade. During his 14 years as CEO of their
Phoenix headquarters, Treasurer DeWit grew the company to over 500 licensed professional traders
worldwide. Under leadership of Treasurer DeWit, the company had a total volume in excess of a billion
shares traded a month. He developed/pioneered one of the first software platforms that enabled market
makers to trade off the exchange floor reducing costs and creating efficiency, while producing some of
the best real-time financial risk management software and algorithms.
SILVER SPONSOR
BRONZE SPONSOR
In the 2014 general election, Treasurer DeWit received the most votes of any state-wide elected official
in the history of Arizona with 1,063,472.
Treasurer DeWit has a degree in Business Administration with a minor in Finance, and also has an accounting degree. He is married to Marina, they have three daughters and reside in the Northwest Valley of Phoenix.
Bob Davies, Motivational Speaker
presenting “The 1.2% Factor for Financial ProfessionalsWorking with Integrity, Synergy and Accountability”
Since 1983, Bob Davies has used his considerable personal and professional
experience as a leader to help people around the country become more
confident and more productive. As a keynote speaker, author, trainer and
coach, Mr. Davies has drawn upon the lessons he has accumulated, from
his humble childhood roots to his successful career as a college football
coach, in order to develop a system for improving lives based on clarity,
focus and accountability.
Mr. Davies holds a Bachelor’s degree in Health from Rutgers University and a Master’s degree in
Psychology from Springfield College. As a graduate assistant wrestling and football coach for Springfield, Mr. Davies worked with Jeff Blatnick, an athlete who would later win an Olympic gold medal in
Greco-Roman wrestling. After completing his graduate studies, he was hired as the head football and
wrestling coach at the California Institute of Technology. During his time at Cal Tech, he also worked
as a researcher, studying the work of Nobel Prize-winning Neuropsychologist Roger Sperry, whose work
on split brain research has been highly influential in the development of techniques for elite performance.
Bob continued to develop his coaching methodologies by researching a number of elite scientists in the
field of who human behavior, whose works helped to inspire his motivational techniques.
After leaving Cal Tech in 1979, he accepted a position as an Assistant Coach of the California State
University Fullerton football team. The CSUF team’s schedule was full of opposing teams that were composed of more talented athletes. The only chance Mr. Davies and the other coaches had of overcoming this
disparity of expertise was to harness every drop of potential from their own players. As a staff, the coaches
developed a template that would enable average athletes to perform at peak levels. That template would
propel the CSUF team to two unlikely championships and continued to be used by Mr. Davies’ colleagues,
including NFL coach Steve Mariucci, and Rich Ellerson, the former head football coach at Army.
Using his coaching background and academic studies, Mr. Davies has studied and formed systems
around strategic planning, time accountability, tracking, and creating systems that enable individuals
to tap into the highest level of their potential. Mr. Davies’ success in football is not the lone source of
the wisdom that he brings to his audiences. He has overcome a number of challenges that have taught
him valuable lessons that can be applied to anyone’s personal or professional life. Growing up in poverty
with a single parent presented a serious hurdle that required immense motivation to overcome. The
process of breaking free from his “poverty mentality” in order to reach his goals in business, health,
and personal life plays a central role in his keynotes.
EXHIBITOR LEVEL
Networking Reception
4:15-5:30 p.m. in Foyer Area
Join us for the End of Day
Networking Reception.
• Meet new people in our
Treasury and Finance Industry
• Connect with friends
• Celebrate a successful year
for the AFPA
• Relax and enjoy light hors
d’oeuvres and a beverage
• Enjoy the chance to win
great give-aways!
BREAKOUT SESSION DESCRIPTIONS
Concurrent Session I
9:45 a.m. - 10:45 a.m.
A1 – Latest & Greatest Payment Trends
John Curtis, WesPay and James Lock, J.P. Morgan Chase
Join as two highly experienced payment professionals set the stage for
the current “state of payments” including five trends in the industrysame day ACH, prepaid cards, blue-tooth low energy, cash/crypto/bit
coin and a wrap up on corporate cards for travel & procurement.
John Curtis, Vice President and head of Education, oversees the
educational offerings for WesPay to ensure members have access to
high quality, timely and relevant training that is critical for success in
today’s ever changing payments landscape.
John came to WesPay with over 25 years of banking experience and
has held positions in Branch Management, Corporate Training and
Development, Information Systems and Treasury Management.
Before coming to WesPay, John dedicated the previous 14 years of
his career to the Payments arena as a Product Manager for Electronic
Payments covering ACH, EDI and Emerging Payment Technologies. During this time, John served in various volunteer roles including Chairman of WesPay’s Education Committee and serving as a
board advisor. He also served as past Chairman of the Board of
Payments Resource One. John has been featured in American
Banker and is a member of the American Bankers Association Taskforce on Payments Law. John holds the AAP and NCP accreditations
and has lectured frequently on payments topics including; industry
trends, legal issues, emerging technologies, compliance and risk.
James Lock is a Senior Solutions Director within the Solutions
Industry team, part of the Commercial Bank’s Treasury Services.
He works with higher education and energy industry leaders to
understand and address the strategic treasury concerns of these
organizations. His areas of expertise include cash management,
working capital optimization, mobile payments, card technology,
payments and operations efficiency, bank and account structure
rationalization, and shared services- all key areas of focus today.
James has 25 years of treasury, government and consumer banking
experience, with 15 years in relationship management and business development roles. Prior to joining J.P. Morgan in 2000, James
began his career at Bank of America, quickly advancing to develop
technology based treasury solutions for the U.S. federal government,
including several closed-loop, card based payment systems.
Attendees will learn:
1. Several of the current payment technologies
available in the market.
2. S
trategic direction based on recent payment studies.
B1 – The Paperless Solution for Payables Processing
Mel Steals, PNC Bank and Curtis Viverette, Universal
Services of America
Automation technology is changing the nature of Accounts Payable
in fundamental ways that is creating opportunities to work more
closely with Treasury to maximize shareholder value through efficiency
and early pay discounts. In addition to an overview of important
automation technology trends, a Procure-to-Pay expert who is in the
middle of his own process evolution will share real life experiences
that illuminate the implications of end to end payables automation.
Mel Steals has worked for PNC for sixteen years including his
current role in PNC Treasury Management as Director of Invoice
Automation Solutions. Invoice automation at PNC includes the
conversion of paper invoices to electronic data for processing,
E-invoicing over a network and Dynamic Discounting.
Curtis Viverette began his career in the Marines as an inventory
clerk where he was introduced to transaction processing. Since that
time, Curtis has lead several successful process automation projects.
Curtis currently works for Universal Services of America as the
Director Accounts Payable / Purchasing.
Attendees will learn:
1. S
hare information on the basics and future of End to
End Payables Automation
2. Provide real life Payables Automation insights from
a P2P practitioner / expert
3. Demonstrate how automation can make AP to Treasury
a seamless process
C1 – Top 10 Treasury & Risk Management Challenges
Grant Smith, Institutional Cash Distributors (ICD)
Come see Grant Smith’s eye-opening presentation on the critical
issues facing corporate treasury in the new regulatory era of near
zero interest rates, Basel III and SEC 2a-7 MMF reform. Hear how
corporate treasurers are utilizing new portal and exposure analytics
technologies to manage risk across all short-term investment.
Grant Smith joined ICD in August of 2014 as Vice President of
Business Development. Prior to joining ICD, Grant spent nine
years as a National Account Executive for SunGard selling the SGN
Money Fund Portal. Mr. Smith began his career in corporate treasury
services at Concord Financial. Grant attended the University of
Arizona and holds Series 7 and 63 licenses.
Attendees will learn:
1. D
escribe the top 10 treasury & risk management challenges
2. Understand the best practices for corporate treasury
investment and risk management
Concurrent Session II
11:00 a.m.-12:00 p.m.
A2/B2 – What Keeps the CFO Up at Night?
A panel discussion
Join CFO’s and Treasurer’s from a diverse group of Arizona
companies as they discuss the current state of Treasury and the
challenges they face, representing diverse industries such as construction, payment processing, asset management and technology.
The insights offered by the featured executives who are closest to
the financial pulse of their companies, will offer you a remarkably
accurate perspective on economic trends. You’ll hear the top business
challenges among senior finance executives, and how senior finance
executives’ perceptions of the economy impact their plans for
spending, hiring, and more.
You will learn senior finance executives’ views on:
• technology spending
• employee development & education
• expected growth
• regulatory challenges
• corporate optimism
• productivity challenges • a variety of other business categories
John Chalaris joined Wencor Group in October 2010 as Chief
Financial Officer with responsibility for all finance, accounting,
treasury and information technology functions and held that position
through the sale of the Company in 2014. Mr. Chalaris has held
several executive financial positions, both in the private and public
sectors, most recently with DeCrane Aerospace, but also including
Wesco Aircraft, Landmark Aviation, Compression Polymers
Holdings, General Electric Aircraft Engines and Thomson Reuters.
Over the past 25 years, John has led companies through acquisitions,
divestitures, new product development, business restructurings and
has also managed companies through relationships with private
equity investors, banks and external auditors.
Mr. Chalaris earned an MBA from California State University
in 1993. He has guest lectured at select universities and written/
produced various courses used for continuing education credit
in the accounting profession.
Larry Eisel is the CFO of Total Transit. He is accomplished in
accounting and finance with a solid background in strategic planning,
financial analysis, debt financing, financial reporting and compliance.
Larry is proficient in SEC reporting and assists with the preparation of
10-Ks and 10-Qs for public companies. As a CFO in several industries, the directed all accounting, finance, IT, financial risk management
and purchasing activities. Mr. Eisel is a CPA and won the 2014 CFO
of the year from Financial Executives International and was the
Outstanding CFO as awarded by the Phoenix Business Journal.
Adam Miller is the Chief Financial Officer of Barron Lighting Group.
His operational focus has been on developing and implementing
strategic plans, increasing efficiencies by streamlining operations,
preparing complex financial models and negotiating asset based
financing for the business. He is primarily responsible for all financial
reporting and cash management functions as well as overseeing the
operational aspects of the company.
Adam brings over 25 years of consulting and industry experience.
His goal is to increase profitable long-term growth by contributing
new ideas, skills and efforts to revenue generating and cost saving
initiatives. This forward thinking strategy will help ensure that the
business has the capital necessary to fund new and continued growth.
He also builds and leads cohesive, productive and effective teams
with positive reinforcement and open communication by applying
technical, accounting and analytical skills to everyday opportunities.
Adam has a grounded, experienced and objective perspective that
enables him to effectively use his analytic and technical skills to solve
complex problems.
Michelle Giesen oversees accounting & finance, purchasing,
facilities, information technology and data management at the
Arizona Humane Society, and has 20 years of combined experience
in public and private accounting. Michelle spent six years as the
Chief Financial Officer for Wespac Construction, Inc., and oversaw
the accounting department for the $175 million construction firm.
Michelle also supervised accounting for the McDowell Mountain
Music Festival, LLC, a 501(c) 3 non-profit organization, served as
Controller for DMB Realty and spent four years in public accounting
at Arthur Andersen. Michelle has acted as a consultant for various
firms including local real estate and construction companies and a
San Diego-based retailer.
systems, comprehensive executive reporting
products, standardized ledger closing procedures
and new employee benefit programs.
Mr. Lee came over to the Cardinals from Deloitte
where as Senior Manager the led the Cardinals
engagement team for over 6 years. His over
10 years with Deloitte exposed him to various
entities ranging from gaming/entertainment
to governmental entities including the city of
Phoenix. Mr. Lee is a certified CPA.
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C2 – Cybersecurity Update
Ken Colburn, “the” Data Doctor
The Cyber-Security threat to your business continues to grow, causing
apprehension and anxiety to grow as well. What may appear as an
highly technical issue actually comes down to human behavior in most
cases. By understanding how hackers are infiltrating business, you can
take steps to minimize your chances of becoming the next victim.
Ken Colburn has been involved in the consumer electronics industry
since the early 80’s and founded Data Doctors Computer Services,
a national computer service provider, in 1988. Data Doctors
specializes in serving the Small-to-Medium business community
as well as the consumer market with offerings such as Service and
Repair, Troubleshooting, Data Recovery, Home and Business
Networking and Custom-Built Computer Systems.
Attendees will learn:
1. W hat Motivates Today’s Hacker
2. Understanding How Hackers Think
3. Making Changes That Will Immediately Help
Fight Cyber Threats
Concurrent Session III
2:00 p.m.- 3:00 p.m.
A3 – Managing Liquidity: Be Prepared for the New Reality
Kerry Pope, Institutional Portfolio Manager, Fidelity
Investments and Dale Politi, Salt River Project (SRP)
Money market investors have experienced over five years of extraordinary low interest rates as a result of highly accommodative monetary
policy from the Federal Reserve. The Fed has also added trillions of
dollars to its balance sheet through its quantitative easing programs
in efforts to jumpstart the U.S. economy and avert a double-dip
recession. Money market rates will ultimately trend higher, even
before the Federal Reserve officially raises the fed funds target rate.
While higher rates will benefit money market investors, market
participants remain uncertain regarding how smoothly the central
bank can implement its exit strategy without experiencing any
unforeseen unintended consequences.
Gregory Thomas Lee is the Chief Financial Officer/Chief Privacy
Officer with the Arizona Cardinals Football Club and all related
companies. Mr.Lee is beginning his 10th season with the Cardinals.
Kerry Pope is an Institutional Portfolio Manager in the Fixed Income
Division of Fidelity Management & Research Company (FMRCo),
the investment advisor for Fidelity’s family of mutual funds. Fidelity
Investments is a leading provider of investment management,
retirement planning, portfolio guidance, brokerage, benefits
outsourcing, and other financial products and services to more than
20 million individuals, institutions, and financial intermediaries.
In his current role with the Cardinals, Mr. Lee’s responsibilities include
financing, banking, cash management, risk management, budgeting and internal financial projections, tax and financial reporting and
HIPAA privacy compliance. Mr. Lee with his 11 member team have
implemented advanced budgeting and financial projection
Prior to joining Fidelity, Mr. Pope was a Senior Vice President
at State Street Corporation from 1992 to 2008 where he was
responsible for liability management and strategy. Prior to assuming
his Treasury responsibilities, Mr. Pope managed the Global Money
Markets Division.
As former President of the Construction Financial Management
Association’s local chapter — the largest chapter in the nation —
Michelle continues to be an active member of the CPA community.
BREAKOUT SESSION DESCRIPTIONS
Mr. Pope received a bachelor of science in Business Administration
from the University of New Hampshire’s Whittemore School of
Business and Economics in 1986. He earned a MBA from Boston
University’s School of Business Management in 1996 and is a
Chartered Financial Analyst.
Dale Politi is the Assistant Treasurer, Cash Management for SRP.
Dale manages the working capital cash desk and short-term investment portfolio for Salt River Project. His career has been involved
with capital markets that included trading fixed income securities for
First Interstate Bank and US Bank. At SRP, he oversees the banking
relationships, debit card program, short-term debt, and credit facilities. Dale was recently involved with implementing a new enterprise
resource planning (ERP) system for Finance and Treasury using SAP.
B3/C3 – Incorporating ePayables Into your A/P Process
Katie Beatty, NAPCP
Learn how to incorporate a successful ePayables solution to your program
by understanding the key building blocks to secure a firm foundation.
Katie Beatty is the Community Engagement Specialist for the
National Association of Purchasing Card Professionals (NAPCP).
She has over 10 years of experience of incorporating and implementing payment strategies for large financial institutions and government
entities with the focus of process improvement and cost savings.
Attendees will learn:
1. Understand how ePayables fit into your payment strategy
2. D
etermine when to use a traditional P-Card vs. ePayables
3. Understand the benefits to your organization and learn
the impact on your suppliers
Concurrent Session IV
3:15 p.m.- 4:15 p.m.
A4 – A Discussion on Capital Markets,
Fed Policy, Interest Rates
Steve Wyett, Bank of Arizona/BOK Financial
Discussion of economic, interest rate, fixed income, and equity
markets and their interconnectivity.
Steve Wyett joined Bank of Oklahoma in September of 2005 as a
Senior Portfolio Manager in the Tulsa market. In July of 2006 Steve
was named the Market Leader for the Tulsa market and in September of 2008 he assumed responsibilities as the Portfolio Management
Executive for BOKF. Beginning in February of 2015 Steve assumed
the role of Private Wealth-Chief Investment Strategist.
Steve began his investment career in 1/1982 as an institutional bond
salesman for First National Bank of Oklahoma City. He remained
in institutional bond sales until April of 1999 when he joined Tom
Johnston Investment Management Inc as their head trader and fixed
income SMA manager. While there, Steve attained his CFA Charter
and was an analyst and portfolio manager at the time he joined BOKF.
In Steve’s present position he responsible for the communication
and implementation of the BOKF investment management process
across multiple delivery platforms. Steve interacts with internal
business partners as well as external clients and prospects. Steve is an
active participant in the formulation of the investment message as a
member of the Wealth Management Asset Allocation Committee as
well as membership on the Alternative Asset Sub-committee. The
Portfolio Management group that reports through Steve consists of
29 PM’s across the BOKF footprint. This group is responsible for
discretionary management of $12+ billion in AUM and generates in
excess of $45MM in revenue annually. Steve is also a member of
the Investment Committee within the Trust department.
Attendees will learn:
1. F
inancial market structure
2. Interest Rate outlook
3. Financial risk factors
B4 – Business Continuity/Disaster Recovery
Dale Politi and Ken Lewis, Salt River Project (SRP)
There are hazards that every business face. Knowing what those
hazards are and how to continue your operations during disasters is
simply good business. This session will demonstrate how to identify
your specific hazards and the need to create emergency plans for
keeping your business operational during disaster events.
Dale Politi is the Assistant Treasurer, Cash Management for SRP.
Dale manages the working capital cash desk and short-term investment portfolio for Salt River Project. His career has been involved
with capital markets that included trading fixed income securities for
First Interstate Bank and US Bank. At SRP, he oversees the banking
relationships, debit card program, short-term debt, and credit facilities. Dale was recently involved with implementing a new enterprise
resource planning (ERP) system for Finance and Treasury using SAP.
Ken Lewis is a Certified Business Continuity Professional for Salt
River Project. His task is to ensure that the power and water keep
flowing, no matter what disasters come our way.
Attendees will learn:
1. U
nderstand threats to your business continuity
2. Planning to withstand these threats
3. How to practice to be prepared
C4 – Big Changes Coming: The Impact of
Basel III on Your Short-term Investments
Thomas Metzler, J.P. Morgan Asset Management and
Rick Sabones, J.P. Morgan Treasury Services
Basel III regulations will redefine global standards for bank capital,
liquidity and leverage, which will have a profound impact on how
corporate liquidity managers execute their short-term investment
strategies. Experts from J.P. Morgan will educate attendees on the
specifics of Basel III and will discuss the impact that the new rules,
once implemented, will have on their investment program.
Thomas Metzler is head of the Americas Corporate Sales Team
for J.P. Morgan Asset Management Global Liquidity. Thomas and
his team are responsible for advising on and delivering investment
solutions to multinational corporations and public entities for their
operating assets. He joined J.P. Morgan in 1995 and holds a B.S. in
finance and an MBA.
Rick Sabones is head of the Liquidity Solutions team within J.P.
Morgan’s Treasury Services group. Rick is responsible for a team of
Product Sales Specialists delivering global investment and liquidity
solutions. Before joining J.P. Morgan, Rick spent 22 years at
Citigroup. Rick holds a B.S. degree and an MBA.
Attendees will learn:
1. A
ttendees will learn about the implications of Basel III and
how portfolio managers will need to change their investment
strategies for managing short-term fixed income portfolios.
2. Attendees will gain invaluable insights into the new rules
regarding Liquidity Coverage Ratios, and the implications
of these rules on banks and investors.
3. Attendees will learn how to navigate and take advantage
Basel III changes to maximize investment strategies.
SPONSORS & EXHIBITORS
Association for Financial Professionals of
Arizona (AFPA) is a group of Treasury and
Finance Professionals whose mission is to
promote the common business interest and
increase recognition of financial professionals
through the exchange of ideas, educational
sessions and networking opportunities. We
accomplish this through our nine monthly
meetings and an annual one day conference,
the Desert Summit . During monthly meetings,
guest speakers discuss timely and relevant
topics. With many members from the banking
community and corporations, large and small,
the AFPA is a great networking forum. Meetings
are held during lunch generally the third
Wednesday of the month from 11:30 a.m.-1:30
p.m. Attendance at these monthly meetings
and the Desert Summit qualifies members for
Certified Treasury Professional (CTP), Accredited ACH Professional (AAP) and Continuing
Professional Education (CPE) credits.
www.afparizona.org
Bank of America Merrill Lynch’s integrated
solutions provide visibility, control and
efficiencies through a full range of treasury
management services to help you collect,
concentrate, pay, invest and maximize return
on your liquidity. We deliver cost-effective
straight-through processing, as well as
real-time, intraday reporting of balances
and detail for both electronic and paper
transactions. We enable corporate treasuries
in 68 countries leveraging our worldwide
network. Our robust global platform provides
integrated, real-time, multicurrency solutions
with consistent reporting and exceptional
execution across the globe.
www.bankofamerica.com
Bank of Arizona continues to be a stable and
reliable financial partner. We are part of $28
billion BOK Financial (NASDAQ:BOKF),
the largest commercial bank in the country
to decline participation in the Treasury
Department’s Troubled Asset Relief Program
(TARP). Our teams are committed to Arizona
and will work with you by investing time to
understand your needs. Our goal is to offer
solutions that create value for you, your
business and your communities.
www.bankofarizona.com
BMO Harris Bank is part of BMO Financial
Group, a highly diversified financial services
provider established in 1817 and based in
North America. BMO Harris Bank has been
a full services treasury management provider
for over 65 years. We provide industry
expertise across large corporate, middle
market, small business and public sector
clients. BMO Harris Bank’s advisory approach
to treasury management supports our
commitment to customer service and quality.
www.bmoharris.com
Chase is the U.S. consumer and commercial
banking business of J.P. Morgan Chase & Co.
(NYSE: JPM), a leading global financial
services firm with assets of $2.4 trillion
and operations in more than 60 countries
worldwide. Chase serves more than 50 million
consumers and four million small businesses
through more than 5,600 bank branches,
19,000 ATMs, credit cards, mortgage offices,
and online and mobile banking as well as
through relationships with auto dealerships.
www.chase.com
Fidelity Investments is one of the country’s
leading money market and fixed income
providers. Since 1974, Fidelity has been an
industry innovator, providing corporations,
non-profit and public sector clients, banks,
and broker dealers with a wide range of
liquidity management solutions. Fidelity’s
clients benefit from dedicated relationship
management, as well as, unparalleled customer
service support ensuring ease of doing
business. For more information on how
you can benefit from Fidelity’s liquidity
management solutions, please visit
advisor.fidelity.com
GPS Capital Markets provides corporate
foreign exchange services that help
companies manage their foreign currency
risks and execute foreign currency transactions.
GPS combines competitive exchange rates
with a host of tailored international financial
solutions to insure that we meet our clients
individual needs.
www.gpxfx.com
ICD is world’s leading institutional trading
and investment risk management company.
ICD combines an exceptionally wide and deep
selection of liquidity products with superior
consolidated reporting and comprehensive
exposure analytics. ICD’s Software-as-aService Universal Portal™ offers 12 product
asset classes, DACOA™ best practices
methodologies, award-winning Transparency
Plus® 5.1 exposure analytics, dedicated
integration services and compliance tools that
provide corporate treasury with the industry’s
most expansive end-to-end investment trading
and risk management solutions. www.icd.org
Junior Achievement of Arizona, a nonprofit
founded in 1957, is a leader in educating our
youth about careers, money, and managing
the economics of life. JAAZ serves more than
97,000 students annually and over 1.5 million
since our founding. We connect what students
learn in the classroom to the real world, and
demonstrate how learning correlates to
earning – critical knowledge that empowers
students to be successful, contributing
members of society in the future. www.jaaz.org
20
15
MidFirst Bank is one
of the largest privately
owned banks in the
United States; this
combination of size
and private ownership
provides our customers
with a special brand
of banking. MidFirst
offers a full range
of commercial, trust,
private banking and mortgage banking
products and services. While our portfolio
of services competes with those of the larger
banks, our people and culture truly define the
MidFirst Bank difference. www.midfirst.com
Desert
Summit
Pinnacle West is a holding company that
conducts business through its subsidiaries.
We derive essentially all of our revenues and
earnings from our wholly-owned subsidiary,
APS. APS is a vertically-integrated electric
utility that provides either retail or wholesale electric service to most of the State of
Arizona, with the major exceptions of about
one-half of the Phoenix metropolitan area,
the Tucson metropolitan area and Mohave
County in northwestern Arizona.
www.pinnaclewest.com
The PNC Financial Services Group, Inc. is
one of the largest diversified financial services
organizations. PNC has businesses engaged
in retail banking, corporate and institutional
banking, asset management and residential
mortgage banking, providing many of its
products and services nationally, as well as
other products and services in our. PNC’s
primary geographic markets in cover 19
states and the District of Columbia. PNC
also provides certain products and services
internationally. www.pnc.com
Wells Fargo understands the challenges you
face in managing liquidity, unlocking working
capital, and supporting your company’s global
business strategies. We offer the innovative
treasury management products, technologybased services, and end-to-end automated
processes you need to meet those challenges
and help your company excel in the 21st
century. With a history of strength and
stability that goes back nearly 160 years,
we’re the banking partner you can count
on for the long run. www.wellsfargo.com
WesPay is a membership-based professional
association with nearly 1,200 member
financial institutions and nearly 100
associate member corporations dedicated
to promoting the growth and best use of
electronic payments through education,
information exchange and advocacy.
www.wespay.org
2015 AFP of Arizona Desert Summit
Tuesday, September 22, 2015
Desert Willow Conference Center, Phoenix, AZ
Enjoy complimentary headshot photography
from Alayne Vogel of Memory Layne Photography
and chair massages from Kneading Care Massage during your day.
SESSION TIMES
A TRACK
7:30 to 8:15 a.m.
CHECK IN * EXHIBITS * CONTINENTAL BREAKFAST (FOYER)
WELCOME & OPENING GENERAL SESSION
8:15 to 9:30 a.m.
Ocotilla Room
B TRACK
Brittlebush Room
C TRACK
Chia Room
Jeff DeWit, Arizona State Treasurer presenting The State of the Treasury
Cottonwood Ballroom
9:30 to 9:45 a.m.
EXHIBITS * BREAK (FOYER)
9:45 to 10:45 a.m.
A1
Latest & Greatest
Payment Trends
Speaker(s): John Curtis, Western
Payments Alliance (WesPay),
James Lock, J.P. Morgan Chase
10:45 to 11:00 a.m.
EXHIBITS * BREAK (FOYER)
11:00 to 12:00 p.m.
A2/B2
What Keeps a CFO Up at Night? A Panel Discussion.
Speaker(s): Greg Lee, Arizona Cardinals; Adam Miller, Barron
Lighting Group; Michelle Giesen, Arizona Humane Society;
John Chalaris, Wencor Group and Larry Eisel, Total Transit
B1
The Paperless Solution for
Payables Processing
Speaker(s): Mel Steals, PNC Bank
& Curtis Viverette, Universal
Services of America
C1
Top 10 Treasury & Risk
Management Challenges
Speaker: Grant Smith, Institutional
Cash Distributors (ICD)
C2
Cybersecurity Update
Speaker: Ken Colburn,
the Data Doctor
This session is in Cottonwood Ballroom.
12:00 to 1:30 p.m.
LUNCH & KEYNOTE SESSION Bob Davies, Motivational Speaker presenting
“The 1.2% Factor” for Financial Professionals to work with Integrity, Synergy and Accountability
Cottonwood Ballroom
1:30 TO 2:00 p.m.
EXHIBITS * BREAK (FOYER)
2:00 to 3:00 p.m.
A3
Managing Liquidity: Be
Prepared for the New Reality
Speaker(s): Kerry Pope, Fidelity
Investments and Dale Politi,
Salt River Project (SRP)
3:00 to 3:15 p.m.
EXHIBITS * BREAK (FOYER)
3:15 to 4:15 p.m.
A4
A Discussion on Capital
Markets, Fed Policy,
Interest Rates
Speaker: Steve Wyett,
Bank of Arizona/BOK Financial
4:15 to 5:30 p.m.
END OF DAY RECEPTION (FOYER) * DOOR PRIZES * FOOD * DRINK * FUN *NETWORKING
B3/C3
Incorporating ePayables Into your A/P Process
Speaker: Katie Beatty, NAPCP
B4
Business Continuity/Disaster
Recovery
Speaker(s): Dale Politi, Salt
River Project and Ken Lewis,
Salt River Project
C4
IBig Changes Coming: The
Impact of Basel III on Your
Short-term Investments
Speaker(s): Thomas Metzler, J.P.
Morgan Asset Management
and Rick Sabones, J.P. Morgan
Treasury Services