Risk Management, PRMIA

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June 29, 2010

New Regional Director to lead the Washington DC Chapter - Thomas Day

PRMIA announces today the appointment of Thomas Day as the new Regional Director of the Washington DC Chapter. In his role as the Managing Director for Risk and Policy at SunGard Financial Services he is responsible for assessing risk across the balance sheet of some of the largest banks in the United States, understanding the risk management challenges - be they credit, market, liquidity, funding, price and other risks - and developing and deploying solutions that improve efficiency, capital measurement and, perhaps most importantly, foster the right set of enterprise-wide incentives. Not surprisingly, this view isn't simply resolved with technology platforms. The challenge of actively managing a balance sheet - whether corporate, financial, insurance or alternative investment - requires organizational infrastructure and financial risk governance models that create the right business intelligence being available at the right time, in the right place and at the right price.

As the Managing Director of Risk and Policy at Sungard, Mr. Day is a key source of thought-leadership for the company and its financial institution clients. Leveraging an extensive twenty-year career in banking, risk management and bank supervision, he assists clients in navigating through diverse market challenges and opportunities. His overall knowledge across financial enterprises is comprehensive and Mr. Day is well known for practical solutions to financial problems from a best-practice, business, accounting and strategic perspective.

Prior to re-joining SunGard, Mr. Day was Senior Risk and Policy Advisor within the US Treasury Department. In this role, Mr. Day oversaw the TARP program for various OTS chartered institutions and was a member of the interagency committee that reviewed applications for billions of dollars of capital investments into banks and other institutions. He has also served in senior roles at the Office of the Comptroller of the Currency, the Federal Reserve Board of Governors, AmSouth Bancorporation and SouthTrust Bancorp. He previously served as the SVP and head of product management and development at SunGard BancWare, one of the world's leading providers of risk management software, and was SVP of Balance Sheet Strategy for one of the largest commercial banks in the nation.

Mr. Day has a BS in Economics from Auburn University, is a Commissioned National Bank Examiner and a Commissioned Federal Bank and Financial Holding Company Examiner. Mr. Day is also the Regional Director for the Professional Risk Managers' International Association (PRMIA) in Washington D.C., a chapter with over 4,800 members. He is a frequent speaker at various industry conferences and events, a published writer and an avid fan of college football (particularly the SEC). He believes that social networking technology, cloud-computing and data transparency will radically transform not only finance, but financial risk management, our understanding of markets and will revolutionize the nature of brand and value.

Mr. Day's goals for the DC-PRMIA Chapter in 2010 are to (http://bit.ly/DCPRMIA):

1. Create an environment of connectivity and community amongst DC chapter participants
2. Add valuable content from the DC chapter into the local (global) risk management community
3. Be timely, relevant, and increasingly "sought out" for expert advice on risk management, market and regulatory issues
4. Enhance the Chapter's education and training initiatives, and utilize several new and innovative delivery mechanisms
5. Build a pool of volunteer sponsors for our Chapter
6. Expand our affinity relationships
7. Authoring and getting published thought leadership pieces throughout the course of the year
8. Cross-market/brand with NY, Charlotte and Boston, as well as our affinity partners at various local think-tanks and universities

PRMIA would like to acknowledge the Steering Committee members of the Washington DC chapter that will help the chapter achieve their goals, please find the members below.