_Safety in the Treasury Back Office with the "Licence to settle"
_Avoid Exam Nerves thanks to high Pass Ratio
_Goal
Due to ever more complex instruments and procedures the ACI Operations Certificate is a very important qualification for working in the treasury back office. The Finance Trainer Cyber*School is the optimal preparation for this internationally approved ACI exam.
_Optimal preparation for the ACI exam
The contents and structure of the Cyber*School are 100 percent in line with the actual ACI syllabus.
- Definition of treasury activities: tasks of trading desk and back office
- Flow of trading activities during the settlement process: 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 credits, 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 downstream of the trading desk who are preparing for the ACI Operations Certificate
- Back office staff in junior positions seeking a systematic training in settlement procedures
_Scope
- approx. 400 pages of script
- approx. 85 hours for learning the script and answering all questions
_Exam guideline