DUBLIN--(BUSINESS WIRE)--The "Clearing, Settlement and Counterparty Risk" training has been added to ResearchAndMarkets.com's offering.
The Course Leader for this training course has been working in the derivatives industry for 30 years and regularly teaches on behalf of the world's leading clearing houses and stock exchanges. These institutions are vital to managing counterparty risk.
In recent years a lot of attention has been focused on the subject of post trade environment - clearing and settlement.
This informative and easy to follow one day course, has been specially designed to explain how the clearing and settlement process works for derivatives and securities, demonstrating how banks and their clients manage their counterparty risk - which is particularly important in the post financial era. You will learn about the role of Central Counter Party (CCP) otherwise known as the Clearing House, and its role to mitigate counterparty risk, as well as relationships between end users, clearing members and the CCP. You will also learn how the risk is mitigated through the process of margining.
The course also shows in some detail, how the margining system allows for the netting of risk and the effective management of collateral.
What will you learn
By the end of this course you will be able to:
- Understand the significance of counterparty risk, especially post financial crisis
- Explain the role and function of the Central Clearing Counterparty (CCP)
- Illustrate the relationship between clearing members and clients and show how different types of client accounts can be set up and managed
- Demonstrate how CCPs and central security depositories (CSDs) interact
- Show how CCPs are structured and explain their "lines of defence"
- Describe how listed derivatives v OTC derivatives are collateralised and cleared
- Show how the margining system works for futures and options and other derivatives like swaps compared with bonds and equities
- Illustrate the benefit of portfolio based margining systems like SPAN and VaR margining methodology
Who Should Attend:
- Clearing houses
- Prime Brokers and Derivative Clearing Brokers
- Clearing and Settlement
- Custodians
- Counterparty Risk Management
- Back and Middle Office Operations
- Fund Administrators
- Compliance and Risk Management
- Audit
- IT
Key Topics Covered:
- Counterparty risk in the post financial crisis environment
- Central clearing counterparties (CCPs) and clearing members
- Margining for futures (linear products) and options (non-linear), other derivatives and securities
- Central security depositories (CSD)
For more information about this training visit https://www.researchandmarkets.com/r/x3mqh8
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