Description
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.
Successful completion of the official exam earns the title “ACI OC”.
- 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