Sixth Annual Risk Conference
Co-sponsors: Federal Reserve Bank of Chicago and DePaul University, Driehaus College of Business, Center for Financial Services
While recent actions have delayed the immediate risks of the fiscal cliff, there continue to be headwinds for the financial sector. In order to navigate today’s increasingly complex global markets, financial institutions and supervisors alike must consider challenges posed by current economic conditions, an evolving regulatory environment, new market participants and increasingly demanding technology capabilities and controls. Among the more significant challenges facing today’s market participants given the factors identified above are business model and strategic risks. Financial institutions are generally challenged to identify revenue-generating opportunities in the current economic and regulatory environment that are consistent with their respective firms’ risk appetite and capital adequacy planning requirements.
The sixth annual joint Risk Conference theme is focused on business model and strategic risk given the current environment, and will feature a noteworthy line-up of practitioners, supervisors and industry observers who will share their perspectives regarding the evaluation of business line growth strategies in the economic environment and their views on how strategic risk decisions will be consistent with new regulatory expectations and will ensure that operations are conducted within a framework that reflects strong technological capabilities given external risks.
This conference is not open to the media or the general public. Participants are requested to use discretion in sharing the content of the conference with professional colleagues. The use of electronic recording devices is prohibited.
Tel: (312) 575-0006
Rate: $99 - $140
A business class property located just 2 blocks from the Federal Reserve Bank in the heart of the city’s financial district. This property features a complimentary fitness center, complimentary chilled, bottled water on each floor and a comfy, lower level living room for guests.
Tel: (312) 986-1234
Rate: $173 and up
A historical gem, the Hotel Blake is a unique boutique property located in the Printers Row neighborhood filled with specialty shops and restaurants. This property is about a 5 block walk to the Chicago Fed. The award winning restaurant, Custom House, is housed on the first floor of the hotel. Room rate includes continental breakfast each morning and use of the fitness center.
Tel: (312) 660-8200
Rate: $210 and up
Located next door to the Chicago Fed, this 5 star property is the largest luxury hotel in Chicago. Housed in a landmark building designed by renowned architect Daniel Burnham, this hotel opened in November 2010, after undergoing a $396 million restoration. The 610 rooms include all the luxuries expected from a 5 star hotel. This property also features a world-class 20,000 square foot spa and wellness center and The Florentine Restaurant featuring a seasonal menu with a focus on Italian/American fare.
Tel: (312) 944-6664
Rate: $189 and up
A luxury, all suite property, the Omni Chicago Hotel is located on they city’s Magnificent Mile of sight seeing, shopping and dining. This hotel is not within walking distance of the Federal Reserve Bank of Chicago.
Tel: (312) 943-9800
Rate: $129 and up
Located within 3 blocks of Chicago’s Magnificent Mile, this property offers spacious suites and a full breakfast buffet each morning. This hotel is not within walking distance of the Federal Reserve Bank of Chicago.
Tel: (312) 322-1200
Rate: $179 and up
A cosmopolitan property in the middle of Chicago’s Loop, the W Hotel features rainforest showers, oversized work desks, down pillows and more. This property is just around the corner from the Federal Reserve Bank.
Since 2008, the Supervision and Regulation Department of the Chicago Fed in partnership with the Department of Finance at DePaul University has been reaching out to risk practioners to discuss risk managment strategy. These links to previous conferences provide some context to this year's discussion.