Palisade
Live Chat
Palisade Risk Conference
Best Practices in Risk and Decision Analysis
June 10, 2016 Houston
2016
2016




Palisade Risk Conference

Best Practices in Risk and Decision Analysis

June 10th, 2016 • Houston

A Key Event for Quantitative Risk and Decision Analysis

Join Industry Leaders and Software Experts

Palisade invites you to an intensive 1-day conference in Houston. This is a “must attend” event for professionals dealing with risk in any industry. Industry experts will present a selection of real-world case studies about innovative approaches to managing risk and uncertainty in a wide range of business applications. The programme will also include practical software training classes presented by Palisade trainers, consultants, and software engineers. We’ll explore exciting new features in @RISK and DecisionTools Suite software that make risk modelling and analysis more accessible – and powerful – than ever.

This event it is free to attend and promises to be an invaluable opportunity for broadening one's knowledge of risk modelling, and networking with decision-making professionals in a range of industries.

Testimonials from Previous Conferences

“I came away from the conference very satisfied. The conference empowered me with future skill sets, allowed me to observe how other companies are using the tools, and I even made some very valuable contacts.”

Ron Webster, Senior Financial Risk Analyst, Eastman Chemical Company


“Very impressive and good chance to link with colleagues.”

Michael Pemberton, Operations Research Analyst, Pueblo Community College (ret.)


“Excellent conference. Very informative. Great topics.”

Laurie Rutherford, Director, Enterprise Risk Management at CenterPoint Energy


“I enjoyed all of the hands-on sessions, and I gained new insights from the conference that I can use in my work.”

Ujjwal Bharadwaj, TWI Ltd


“As an introduction to the software, I thought this conference was eye-opening. As I get more familiar with the software, I can see future conferences being valuable in honing my skills and learning new tricks and different perspectives on using the software.”

Cory Forgrave, Economic Analyst in the DOI Division of Energy and Mineral Development


“Palisade is leading the way with tools and expertise to enable risk managers across all industries.”

Robert Lake, Cisco Systems


“Conference was very useful to improve our integrated quality management system. Statistical, stochastic and other quantitative methods are used, at the organisational and project levels, to predict future quality and process performance.”

Dr Vladimir Savin, Chief EQ Engineer, EPAM Systems


“We saw and discussed methods that directly apply to our problems, and learned to build upon them to come up with solutions.”

Michael Watson, PMP, Senior Staff Integrated Planning, Lockheed Martin


“Another great conference - well done! It's always a stimulating and thought-provoking experience, and great hospitality.”

Michael Brand, Captum Capital

Learn from the Experts

The Palisade Risk Conference will offer two types of sessions to maximize your experience.

Case Studies:

Hear users in the field describe how they apply @RISK and DecisionTools software to their real-life problems. Case studies come from a wide range of industries and disciplines.

Software Training:

Here’s your chance to get exposure to the latest in risk and decision analytics software and techniques. Get more from @RISK and each of the products in Palisade’s DecisionTools Suite. Sessions are taught by Palisade’s expert consultants and trainers. Learn direct from the source!

Networking Opportunities – Learn from Each Other

The Palisade Risk Conference will offer plenty of opportunities to mingle and share ideas with other delegates, presenters, and Palisade staff.

Join a Global Group

The 2016 Palisade Risk Conference is part of a global, annual series of meetings where professionals share ideas and advance the practice of risk and decision analysis. Events in 2016 include New Delhi, Bangalore, Munich, Amsterdam, Edinburgh, Moscow, Abu Dhabi and Cape Town.

Information about 2016 Conferences

Schedule

  General Sessions      
  Case Studies      
  Software Training

Friday 10 June 2016

Schedule is subject to change without notice.

 

9:00 - 9:10
WELCOME

Introduction to Palisade
Jeff Evans
Palisade Corporation

9:15 - 10:00
SOFTWARE TRAINING

Applying @RISK to Energy Models
Sarah Sherry
Palisade Corporation

10:00 - 10:30
Break
10:30 - 11:15
CASE STUDY

Analytics and Risk Management in Emergency Management
Henry Yennie
Louisiana Department of Health and Hospitals

11:20 - 12:05
CASE STUDY

Modeling the Evolution of Firm Equity Value: Estimating the Fair Value of Management Incentive Units and Performance Based Equity Options
Alan Schoepoerster, Akshaya Jaisankar
Hein & Associates, Special Services Group

Presenters

  Jeff Evans

Regional Sales Manager
Palisade Corporation

  Akshaya Jaisankar

Managing Consultant
Hein & Associates, Special Services Group

Akshaya is a Manager in the Specialty Services practice of Hein focusing on Valuation and is based in Houston, TX. Akshaya has over 6.5 years of work experience in Accounting, Finance, and Tax. Her current experience is in managing and performing valuations for financial reporting and tax purposes. Akshaya’s expertise is in the valuation of complex financial securities including various forms of equity issued as stock based compensation, debt and hybrid equity instruments and related derivative instruments such as warrants, options, bond redemption and conversion features, etc. Akshaya has also managed valuation projects that support various transactions including M&A, financings, and restructuring efforts. Akshaya’s career includes experiences as valuation manager for Opportune LLP and a securitization analyst for Deloitte Tax LLP. Akshaya received her MS in Finance and BBA in Accounting from Texas A&M University. She is a licensed CPA in the state of Texas.

  Sarah Sherry

Consultant and Trainer
Palisade Corporation

Sarah Sherry is a software consultant for Palisade Corporation. Sarah was previously a Senior Lecturer at the Kelley School of Business at Indiana University. She taught spreadsheet modelling techniques and programs in the DecisionTools Suite for over thirteen years, and was nominated for the Kelley School’s highest teaching award four times, and received it once. After graduating, many of her former students and teaching assistants seek her advice and counsel in their places of work (accounting firms, loan departments, manufacturing operations, hospitals, political campaigns, and so on), on difficulties ranging from issues with data integrity to troubles in spreadsheet modeling.

Sarah collaborated with Dr Wayne Winston on two Harvard Business School Press courses, Spreadsheet Modeling and Mathematics for Management, and she is currently co-authoring an introductory business analytics textbook, to be published by Indiana University Press.

Sarah earned an M.A. in Applied Linguistics at Indiana University and completed the required coursework for a Ph.D. in Linguistics.

  Alan Schoepoerster

Managing Consultant
Hein & Associates, Special Services Group

Alan is a valuation consultant with over a decade of experience in the oil and gas industry. Alan joined the Special Services Group at Hein in 2015 bringing with him the expertise in the valuation of closely-held equity securities, complex equity options and fixed income embedded derivatives, business enterprise and various tangible and intangible assets. Prior to Hein, Alan worked at Opportune where he participated in multiple buy-side M&A financial due diligence projects for various upstream oil and gas clients as well as advised on financial matters to the 3rd largest Chapter 11 reorganization in the U.S. in 2011. Prior to Opportune, Alan spent 7 years brokering power and natural gas options and futures focused on Western U.S. markets where he maintained client relations with various independent power producers, commercial banks, hedge funds, and private equity clients.

Alan also proudly served his country as a U.S. Paratrooper in the Infantry with the Army’s famed 82nd Airborne Division. Alan received his MBA in Energy Investment Analysis and BBA in Finance from the University of Houston’s Bauer School of Business.

  Henry Yennie

Manager
Louisiana Department of Health and Hospitals

Mr. Yennie is currently a manager with the Emergency Preparedness section of the Louisiana Department of Health & Hospitals and supports the State Health Officer in emergency preparedness planning and response. He served in the Family Assistance Center after Hurricanes Katrina and Rita in 2005 and is placed in the State Emergency Operations Center for Hurricanes Gustav and Ike this year.

He was formerly the Principal of CNH Consulting and Senior Partner with L3 P Associates, LLC. He has 25 years of professional experience in behavioral health, child welfare, and managed care. Prior to his work with CNH Consulting and L3 P Associates, he has worked as a Senior Associate for OPEN MINDS; as Vice President of Managed Care Services for a managed care organization; and as Administrator for a local community mental health center.

He has worked in management and operations in both service delivery and managed care settings, and he has extensive experience in capitation and case rate development, IT strategy and deployment, financial management, and Activity Based Cost Management. He has presented at many national conferences and has published extensively on various topics.

A graduate of the LSU School of Social Work, he is a licensed social worker and a member of the Healthcare Financial Management Association.

Abstracts

Download zip file of presentations from the Palisade Risk Conference in Houston
(Individual presentations are also linked below.)

  Introduction to Palisade

Jeff Evans
Palisade Corporation

Palisade Regional Sales Manager Jeff Evans will set the stage for maximizing the benefits you’ll receive from the conference. After reviewing the conference goals, he will give some context about Palisade as a company. He will then give a brief introduction to quantitative decision-making using @RISK, demonstrating the powerful methodology that underpins the case studies to follow.

  Applying @RISK to Energy Models

Sarah Sherry
Palisade Corporation

The DecisionTools Suite is widely used in oil and gas exploration, production, and project decisions. For decades, @RISK has helped engineers and finance managers estimate unknown reserves, value new projects against each other, and craft optimal strategies. PrecisionTree, another tool in the DecisionTools Suite, is commonly used for drilling strategy discussions, production siting problems, and other multi-stage, sequential decisions. RISKOptimizer comes into play when companies need to determine the best “mix” of projects in their portfolio in order to maximize overall returns.

In this presentation, we will demonstrate how @RISK and the DecisionTools Suite can be applied to common types of issues faced by oil and gas producers.

  Analytics and Risk Management in Emergency Management

Henry Yennie
Louisiana Department of Health and Hospitals

» Download the presentation

Drawing on decades of experience, Henry Yennie will explain how @RISK’s Monte Carlo simulation can help manage information and operations in a crisis situation. Though stakeholders usually demand a single “number” for a particular plan, Henry will demonstrate how disconnected that approach is from the reality of risk. The techniques covered will apply for anyone facing risk and uncertainty in their business or projects, whether you’re in oil and gas, construction and procurement, healthcare, or other sectors.

  Modeling the Evolution of Firm Equity Value: Estimating the Fair Value of Management Incentive Units and Performance Based Equity Options

Alan Schoepoerster
Hein & Associates, Special Services Group

» Download the presentation

Akshaya Jaisankar
Hein & Associates, Special Services Group

In the past, plain vanilla stock options were the go-to instruments issued to executives and employees as deferred compensation. More recently, an increasing proportion of total compensation packages are being tied to the performance objectives of the company. This is especially the case for private equity firms and their portfolio companies. As a result, no longer can one rely on simple Black Scholes models to determine the fair value of these instruments. Instead, the need for more complex option pricing models such as binomial lattice and Monte Carlo simulation are being required. Further complicating this analysis, some forms of compensation instruments rely on distributions of residual firm equity at some point in the future.

The purpose of this presentation is to demonstrate how we utilize @RISK to model the evolution of firm equity to determine the fair value of these types of financial instruments.

Houston

Hilton Houston Post Oak
2001 Post Oak Blvd
Houston, Texas, 77056-4401, USA

TEL: +1-713-961-9300
FAX: +1-713-623-6685

For more information, visit the Hotel Website, or Email.

Palisade Corporation
798 Cascadilla Street
Ithaca, NY 14850-3239
800 432 RISK (US/Can)
+1 607 277 8000
+1 607 277 8001 fax
sales@palisade.com
Palisade EMEA & India
+44 1895 425050
sales@palisade-europe.com
Palisade Asia-Pacific
+61 2 9252 5922
salesAP@palisade.com
Palisade アジア・
パシフィック東京事務所
+81 3 5456 5287 tel
sales.jp@palisade.com
www.palisade.com/jp/
Palisade Latinoamérica
+1 607 277 8000 x318
+54-1152528795  Argentina
+56-25813492     Chile
+507-8365675     Panamá
+52 55 5350 2852     México
+511-7086781     Perú
+57-15085187     Colombia
servicioalcliente@palisade.com
ventas@palisade.com
www.palisade-lta.com
Palisade Brasil
+55 (21) 3958 1443
+1 607 277 8000 x318 tel
vendas@palisade.com
www.palisade-br.com