Content Participants learn the use of derivatives from the point of view of a corporate. The instruments of FX and interest management are implemented within the framework of a modern risk management system, taking into account the factors impacting pricing and their use within the enterprise.
- Risk management and benchmarking in corporate treasury
Market, liquidity and credit risk: balance sheet analysis, rating, collateral, Basel II, measurement concepts and limits
Financial mathematics: the yield curve as a basis for money market and capital market calculations
- Liquidity management
Conventions and functionality of fixed deposits, commercial paper,
T-bills, bonds and repos
- Interest risk management
Conventions and functionality of FRAs, interest swaps, caps, floors, swaptions
- Currency management
Conventions and functionality of FX spots, forward swaps und FX swaps, cross-currency swaps, FX options
- Treasury strategies
Components of forward start swaps, amortising swaps, balloon swaps, rollercoaster swaps, CMS, in-arrears swaps, quanto swaps, exotic options
- Structured products
Capped, floored and collared floaters, reverse floaters, callable and puttable bonds, steepeners, straddle, strangle, zerocost option strategies
- Corporate treasury framework
MTM valuation of treasury instruments
Treasury accounting according to IAS
Treasury documentation: legal framework, treasury contractual framework
Target group- Bank key account managers wishing to understand the topic from the customer‘s point of view
- Directors of finance, CFOs, treasury managers and accountants with responsibility for corporate treasury transactions
- Private bankers wishing to augment their investment and credit know-how with an understanding of treasury products
Scope- Interactives study based on approx. 1.000 questions, answers and explanations
- Approx. 500 pages of documentation
Corporate Treasury*Certificate Certifies to knowledge about the use of derivatives in corporates and an understanding of hedging strategies from the point of view of a company as well as a basic understanding of the related organisational issues.