Ontario Financing Authority
Swati M. is an experienced risk analyst currently working at the Ontario Financing Authority since January 2023. Prior to this role, Swati served as an Authorized Officer at UBS Asset Management, focusing on global risk control by identifying key risks and providing detailed risk analyses at both portfolio and asset class levels. Swati's prior experience includes positions at Nomura, where responsibilities spanned from preparing risk committee packs for regulators to managing risk reporting and conducting trend analysis. Swati began the career at SS&C Technologies in collateral management and regulatory reporting. Academic qualifications include a Master of Business Administration in Finance from Oriental School of Business and a Bachelor of Science from ISABELLA THOBURN P.G. COLLEGE.
Ontario Financing Authority
The Ontario Financing Authority (OFA) was established as an agency of the Crown on November 15, 1993 by the Capital Investment Plan Act, 1993 (the Act). In accordance with the Act, the OFA: • conducts borrowing, investment and financial risk management for the Province of Ontario (the Province); • manages the Provincial debt; • manages the Province's key financial relationships with investors, financial institutions, rating agencies and public bodies; • provides centralized financial services for the Province including banking and cash management; • advises ministries, Crown agencies and other public bodies on financial policies and projects; • assists Crown agencies and other public bodies to borrow and invest money; • acts at the direction of the Province in lending to certain public bodies; • invests on behalf of some public bodies; • with Ontario Power Generation Inc. (OPG), manages the investment activities of OPG’s Used Fuel Segregated Fund and Decommissioning Segregated Fund; and • carries out the day-to-day operations of Ontario Electricity Financial Corporation (OEFC) and provides a broad range of financial services to Infrastructure Ontario. In addition, the OFA’s objects include: • providing such other financial services as are considered advantageous to the Province or any public body; and • any additional objects as directed by the Lieutenant Governor in Council. In pursing its mandate, the OFA is committed to its core values of respect, innovation, teamwork and accountability.