Optimal preparation for the ACI exam 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.
- 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 settlement 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
- Treasury framework
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
Exam guideline