Click here to view the final release of the agenda for EuroCatalyst 2003: Live from Lisbon.
For senior executives in lending, funding, risk management, treasury, administration. Keynote speeches and panel discussions covering the on pan-European issues, topics and trends. Each day's sessions are designed to follow the natural progress of the mortgage value chain from origination and distribution to underwriting, risk management and administration to funding, including covered bonds, emerging frameworks for structured covered bonds and mortgage-backed securities.
For senior executives in business development, investment banking, mergers and acquisitions, sales and marketing. Two- to three-hour panel sessions that cover all aspects of major European markets including:
EuroCatalyst would like to thank the following groups and individuals for their support of the annual EuroCatalyst event over the years.
EUROCATALYST AWARDS 2003THE LIST OF WINNERS
PRESENTED 23 OCTOBER 2004 IN LISBON
EuroCatalyst 2003 broke new ground on a number of fronts, not least of which was the creation of the EuroCatalyst Awards -- non-sponsored acknowledgements given to individuals (and companies) for contributions to the industry that make a difference in the future direction and vision of Europe's mortgage markets -- for content, context, communication, community, connections and convergence.
We were pleased to present the awards before the Larry Carlton concert on Thursday, 23 October 2003, in Lisbon. This was an extremely special evening on many levels, and we were so glad that there were so many people in the audience to share it with us.
EuroCatalyst 2003 on the whole helped many people finally understand EuroCatalyst the company, and to see the directions in which we are heading as we try to reposition the role and importance of mortgage lending and investments in Europe. We are constantly asked what it really is that we do; we narrowed our scope down to what we call our "Six C's" that define our activities:
Today's currency is information, and no one understands that better than John Sutherland of Nationwide. John spoke to EuroCatalyst 2003 delegates about his vision and strategy for Nationwide's back office. He is one of the few who truly "get it" in this industry and is even more unique in his willingness and ability to share his own data and statistics in an industry that is desperate for benchmarks. The EuroCatalyst 2003 CONTENT award was given to John for his courage to provide such valuable CONTENT to the industry. We can only hope that other lenders will follow his lead with transparency and openness in their back offices. [TOP]
The EuroCatalyst 2003 award for CONTEXT was given to Dr. Louis Hagen for his extremely hard work in helping his own members as well as outsiders to understand the relevance of Germanys' challenges to their domestic markets and the struggle for change, survival and growth in a globalised economy. [TOP]
Without a doubt, the UK market is the most progressive, friendly and accessible market to outsiders in Europe, with transparency being primarily driven by one organization and its leader, Michael Coogan and the UK's Council of Mortgage Lenders.
Michael is one of the very few who could navigate any industry through growth and treacherous times. We like him so much because of all industries, he chooses the mortgage industry as his passion and his career and we are all better for it.
The EuroCatalyst 2003 Award for COMMUNITY went to MICHAEL COOGAN for the vision and leadership that he has provided towards achieving this end. [TOP]
In fact, the entire EuroCatalyst event has been driven by the awareness that both funding models would converge, and we began that discussion at EuroCatalyst 2002 in Madrid.
In the summer of 2003, HBOS ended the debate by proving that the two are complementary instruments and demonstrating how the one can be used to replicate the other. We celebrated this achievement by providing HBOS with the EuroCatalyst 2003 Award for CONVERGENCE, as their structured covered bond program demonstrates the context guiding the EuroCatalyst event. [TOP]
We would not have made it to Lisbon if not for the numerous bridges built between Eurocatalyst and the European mortgage community. And so we presented the EuroCatalyst 2003 Award for CONNECTIONS to Alexandra Sleator for all of the tireless work that she has put into helping us to reach out and create the community that all EuroCatalyst delegates are now a part of. [TOP]
Will's outlook incorporated selected songs from the Rolling Stones -- including "Start Me Up" (urging caution in the coming year), "She's a Rainbow" (outlining interrelated themes), "You Can't Always Get What you Want" (predicting a buyer's market), "I Can't Get No Satisfaction" (questioning the safe haven of consumer debts), "Gimme Shelter" (the magic of housing prices), "Mother's Little Helper" (regulatory scrutiny of operational risk) and yes, "Paint it Black", referring to the influence of a gloomy economic cycle -- all of which perfectly characterised upcoming trends in a manner that stayed in your head, just like the songs associated with the trends and ideas.
The true value of communication lies in one's ability to associate complex ideas with common metaphors from daily life. Will Ross has elevated the drudgery of research to an art form -- and we are so damned lucky to have someone as brilliant, imaginative -- and funny -- as Will working in this industry. In that same piece ("Nineteenth Nervous Breakdown") Will quipped, "on a metaphoric level, the CDO sector has been to the mountain to engage in a level of introspection rarely seen outside of California." We were still laughing about it 9 months later.
Since "Paint it Black" Will has gone on to create new industry metaphors from Star Wars (Basle II), Superman (Housing prices), The Loan Ranger (on the saga of investment banks looking for their Kemosabe) and Dante's Divine Comedy (on the Italian securitization market) to name a few.
The European mortgage community finally has an artist-in-residence and his name is Will Ross, winner of the EuroCatalyst 2003 Award for COMMUNICATION. [TOP]