ACI exam proofed
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Goal
Due to ever more complex instruments and procedures the ACI Operations Certificate is a very important qualification for working in a treasury back office. The Finance Trainer Cyber*School is the optimal preparation for this internationally approved ACI exam.
Optimal preparation for the ACI exam
- Definition of treasury activities: tasks of trading desk and back office
- Back office processes for treasury products: time order, organisational process, straight through processing (STP)
- Confirmation process: types, requirements, time, automation
- Netting: basic principles, methods, pros and cons, documentation, systems
- Clearing and payments systems: gross versus net settlement, the most important clearing and settlements systems in EUR, USD, GBP and JPY
- Nostro accounts: cash management, chronology of reconciliation process, the nostro banks
- Risk-related aspects in the settlement process: rules and regulations applicable in the fields of lending, settlement, liquidity risk and money laundering
- Compliance with and control of the settlement process: impact of central bank policies (e.g. minimum reserves)
- Basic knowledge of FX instruments and derivatives as well as repos
- Basic principles of financial mathematics
Target group
- Staff from departments related to the trading desk preparing for the ACI Operations Certificate exam
- Back-office staff seeking a systematic training in settlement procedures
Scope
- Interactive study based on approx. 1.000 questions, answers and explanations
- Approx. 400 pages of documentation
- Corresponds to a 6-day seminar
Exam guideline