SCAFP News Feb 2004

From the Corner Office

Welcome to the February edition of SCAFP News.  It is an exciting time for the Association -  practitioner memberships are on the rise, attendance levels at the monthly luncheons are up, we are financially strong, and we have two outstanding education opportunities this Spring. You can read more about the SunGard "Hot Site" tour (March 18th) and the EXPO LA Symposium (May 12th & 13th) in this newsletter.

My theme for SCAFP this year is "everyone recruits . . . everyone serves." It is this principle that is guiding my first two priorities as President: to increase practitioner memberships, and to increase the number of members who volunteer to serve the Association. You have a rewarding opportunity to participate with our "Recruitment Challenge." I encourage you to refer a colleague to join the Association and reap the rewards.  You can find out more about the "Recruitment Challenge" also in this newsletter.

It's not too early to begin thinking about next year in the life of the Association.  Both you and the Association will benefit by your volunteering to serve as an officer or director or on one of our many committees.  Every member has gifts and talents to share with SCAFP.  I encourage you to offer yours. To get involved, simply contact Morgyn Taylor, President-Elect, Chuck Whitney, Immediate Past President, or me.  We welcome the opportunity to talk to you about your role in the Association.

Lastly, a special thank you goes to Richard Bort for producing this newsletter.  I look forward to seeing you at the February 13th luncheon meeting.


Michael Hards, CTP
President

 What Will Your Organization Do In Case of Disaster?

Take a tour of a business recovery facility with SCAFP members

Living and working in Southern California, we take for granted the environment in which we live. The occasional news story of a wildfire or earthquake has become commonplace in Southern California.  What we seem to forget, however, is how truly devastating these events can be.  Earthquakes, floods, fires and other natural and unnatural disasters can threaten not only our personal well being but also pose a danger to our very important data on which we rely to ensure the financial viability of the companies we work for.  In addition, events such as 9/11 pose an equally dangerous threat to the safety of this valuable information.  What would your organization do if all your information were lost?  How would you recover?

In the spirit of keeping our members informed, the SCAFP Education Committee, chaired by Susan Bredbenner, CTP (SunGard Treasury Systems), has organized a visit to SunGard Availability Services' business recovery center in Cypress.

If you attend this tour, you'll learn about:

  • The basics of disaster recovery and business contingency planning for your organization.

  • The recent legislation and regulatory changes dictated by Sarbanes-Oxley, and how they affect business continuity planning.

  • How other companies have implemented disaster recovery programs and how important those programs have proven to be.

SunGard is the largest provider of data storage and disaster recovery services in the world, besides being a leading provider of treasury workstations and institutional financial systems. 

Please join us on Thursday, March 18 from 1:00 to 3:00 PM at the SunGard Availability Services Center in Cypress, CA.  Space is limited, so log on now to www.scafp.net and click on the link to obtain further information and to sign up for the tour, or call the Association's office at (818) 843-5660!

 EXPO L.A. Symposium 2004 Coming May 12 & 13

Planning for the 24th annual "EXPO L.A. Symposium 2004" is well underway by SCAFP's Major Events Committee with the theme of "Broaden our Treasury Horizons." The event will be held on May 12 &13, 2004 at the Omni Los Angeles Hotel in downtown Los Angeles. That's where we hold our monthly meetings.

Led by its able chair, Chuck Beckert (Bank of the West), the Committee is planning 24 breakout sessions on a wide variety of treasury-related topics over the two full days, plus interesting luncheon keynote speakers each day and a reception on opening evening.

If you hold the CCM, CTP, or AAP credential, EXPO LA Symposium 2004 has been approved for up to 12 recertification credits by the Association for Financial Professionals (AFP).

The Committee is repeating the extraordinarily popular bingo card feature introduced at last year's EXPO. The winners, who become eligible for a drawing by visiting every sponsor's table, will receive exciting and valuable prizes at the end of the second day.

Visit SCAFP's website, www.scafp.net, to review the preliminary program and arrange your calendar to attend this important annual event. While at the website, you can register for the event online and obtain the early-bird discount until April 16.

Also while you're at the website, we hope you will notice the many sponsors that have already committed to support us this year. If you are interested in becoming a sponsor of EXPO L.A. Symposium 2004, you will find the Sponsor's Prospectus at the website as well, or you may contact Gene Mah (Marsh Risk & Insurance Services) at (213) 346-5186 or by e-mail to Gene.A.Mah@marsh.com.

So put it on your calendar now - EXPO L.A. Symposium, May 12 & 13, 2004!

 SCAFP Recruitment Challenge

Our best salespeople are our members! That's why we are calling on you! We're announcing our first ever membership drive contest called "SCAFP Recruitment Challenge." The purpose of the Challenge is to increase the overall membership of our organization and is open to all of our current members.

A $50 American Express gift certificate will be awarded to you for each qualified practitioner you refer who becomes a new SCAFP member. The number of referral awards for any member is unlimited. 

A qualified referral is a practitioner who has not been a member of SCAFP for the past year and who pays the membership dues of $250 for 2004.

The Challenge begins NOW and will end on May 31, 2004. Please have the person you refer note your name on the application or inform the SCAFP Membership Chair of the person you have referred.  In addition to winning the $50 gift certificate, the practitioner member and the non-practitioner member who refer the greatest number of new qualified members will be announced at the June luncheon meeting.

Now remember, the qualified referral must be a practitioner!

We encourage you to use the SCAFP website, membership brochure, and SCAFP business cards that describe the benefits of joining, in your recruitment efforts. (The Association office can supply these to you.) In addition, you may extend an invitation to your referred practitioner to attend one of our monthly luncheons as your "guest" for a fee of $40.

If you have any questions regarding the Recruitment Challenge, contact the Membership Chair, Tiffany Lemieux (Fidelity Investments), at (310) 843-3326 or Amber in the Association Office at (818) 843-5660. The success of this campaign requires the participation of every existing member.  Happy recruiting!

 SONY Bets Their Cash and Wins!

The annual holiday luncheon in December was highlighted once again by the now nationally-famous "You Bet Your Cash" game show. The show was emceed by the venerable Bill Luehrmann (Occidental Petroleum), who always can be counted on to excite the crowd with trivial questions from "It's A Wonderful Life." (In what year was this movie released?*) The competition among the players at eight tables was fierce.

Proving that smaller can be better, the under-sized Sony Pictures Entertainment team of four players walked away with the grand prize, a basket of holiday cheer for each player, when they answered correctly the question, "In what month and year did the Dow Jones Industrials last (prior to December 12, 2003) hit the 10,000 level? (Answer:  May 2002) The Sony team was composed of Mark Celaya, Winston Fan, Sunny Lee, and Sandra Ruckdaschel.

Big "Thank You's" go to Bill Luehrmann for editing the questions (not to mention the answers!), and to Janine Newell and Amber Ardizone, of the Association's office, for bringing together the many elements that made this year's program more fun than ever! Also, many of the questions were developed by SCAFP directors and assembled by Michael Hards, CTP (JP Morgan).

Incidentally, "You Bet Your Cash" has indeed become nationally famous. At each of the past three annual AFP Regional Officers Meetings in Washington, D.C., our officers have been asked by other regionals to share the format and questions with them. Ours has been a winning formula that is now being emulated around the country.

*  "It's A Wonderful Life" was released in 1946

SCAFP Links

 Monthly Meetings
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Educational Programs
 
Membership Info
 
Links

 EXPO  LA  Symposium  2004
 

Luncheon Meeting Feb. 13

How is Treasury affected when your company embarks on implementing an ERP system?

If you don't know, this program is for you. It features a panel of  SCAFP members who have become hardened by the experience: Michelle Reagan (AIG SunAmerica), Gregory Spurlock (Farmers group, Inc.), and Jennifer Young (Sony Pictures Entertainment). Bob Leahy of The Leahy Newsletter will be the moderator.

Job Opportunities

Need to hire someone? Post your job opportunities at www.scafp.net/JobOpps2.htm

Looking for a new challenge? Check out the career opportunities posted at www.scafp.net/JobOpps2.htm

New Members

We extend a warm welcome to our new SCAFP members:

Tina Cameron, Ticketmaster

Steven Inzunza, DirecTV

Olha Holland, Countrywide Financial Corp.

Ann Sadakane, Conexant

Mark Depew, Kaiser Permanente

Jan Berger, Smart & Final

Angelle Roussel, Parsons Corporation

Ed Saavedra, Boeing Capital

A Few EXPO Sponsorships Still Available:

  • Continental Breakfast

  • Afternoon Break

  • Compendium Advertising

  • Pens/Hi-Lighters

Contact Gene Mah at:
(213) 346-5186 or by e-mail to
Gene.A.Mah@marsh.com

Do You Have A New
Program Idea?

If you would like to see a particular topic or speaker at one of our future luncheon meetings, please let Jenny Young, CTP (Sony Pictures) know about it at jennifer_young@spe.sony.com

SCAFP Leadership Positions Available

If you are interested in being considered for a leadership position in SCAFP for the 2004-2005 program year, please contact anyone on the Nominating Committee. Whether you seek to become an officer, a committee chair, or a volunteer on one of several committees, it is a rewarding experience. The Nominating Committee is composed of:

Michael Hards (213) 621-8034
Michael.R.Hards@JPMorgan.com

Morgyn Taylor (310) 315-5509
MTaylor@fmt.com

Chuck Whitney  (213) 236-6401 
Charles.Whitney@uboc.com 

Copyright 2004, Southern California Association for Financial Professionals

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