Banques et Finance

Back-Office Roles & Operations - Fundamentals

Objectifs

After this course, you will have a thorough knowledge of the work of a securities back office having analysed:

• What is involved in securities custody, depending on the type of deposit and the various forms they may take (bearer shares, registered shares, whether administered or not, paper-free shares). In this regard, you will receive an introduction to the principles of securities accounting and the events which characterise them throughout their life cycle
• The roles of the various parties involved in the securities business: custodians, central or international custodians, clearing systems, brokers
• The various duties of securities back office (settlement, dealing with CAs, coupons and dividends) and the resulting organisation
• General arrangements for dealing with CAs, income and securities transactions. This aspect will cover shares and bonds as well as UCIs
• The impact of securities business on the cash-flow and management of “Nostri” accounts

Programme
  • THE CUSTODY BUSINESS/SECURITIES BACK OFFICE
    • The various types of securities
    • Forms of securities
    • Identification codes for securities
    • Bank communications
    • Essential functions
    • Structure
  • SECURITIES CUSTODY
    • Custody
    • Central custodian
    • Network of custodians
    • Global custodians
    • SWIFT
  • SETTLEMENT OF TRANSACTIONS
    • Settlement arrangements
    • International settlement
    • The role of SWIFT
  • CORPORATE ACTIONS
    • Payment transactions
    • Settlement transactions
  • CASH TRANSACTIONS
    • Payment messages
    • Bank cash flow
    • SWIFT
Formation
Formation
& Examen
Examen
EN
4 heures
Chambre de Commerce du Grand-Duché de Luxembourg
voir affichage sur place (Chambre de Commerce du Grand-Duché de Luxembourg)
7, rue Alcide de Gasperi
Luxembourg, L-2981
Luxembourg
100,00 EUR