Joachim Wuermeling: Securities management - current challenges  finance  and  collateral  Keynote speech by Prof Joachim Wuermeling, Member of the Executive Board of the Deutsche Bundesbank, at the 26th Annual Securities Finance and Collateral Management Conference, Berlin, 21 June 2017. * * *  1.
Introduction Ladies and gentlemen Thank you very much for your kind invitation to give today’s keynote speech here at this high-level conference. For me, the board member responsible for market operations at the Bundesbank, this conference constitutes a great opportunity to exchange views on current challenges in the fields of securities finance and collateral management. “The convergence of liquidity” is a promising title.