Although today’s innovative software systems provide great advantages to the organisation in terms of efficiency, the overriding objectives of such processing are not always clear to the operations (and other) personnel that are involved. An excellent understanding of the entire process, and not just your own tasks, will help you identify risks at the earliest opportunity in the processing lifecycle. Such risks include direct
monetary loss (resulting from delayed settlement) and potential loss of clients owing to a failure to provide a top-quality service (e.g. accurate trade confirmations).
This course will show you which actions enable successful trade processing.
Mike Simmons is an operations specialist. He has been involved with capital markets and operations throughout his career, focusing originally on securities operations and more recently on securities financing (repos and securities lending), collateral management, corporate actions and OTC derivatives (including mandatory central clearing under EMIR).
During his career working for stockbroking firms and a major international investment bank (S.G. Warburg and Warburg Securities), Mike gained hands-on experience and management responsibility for many operational areas (including debt, money markets and equity), and for various operations functions across
both domestic and international markets. He has also spent a number of years as a senior business analyst for investment banks and retail banks in the UK, US and mainland Europe.
Mike has developed and delivered over 1,400 training programs globally for investment banks, fund managers, asset managers, central banks, sovereign wealth funds, supranational organisations, management consultants, central securities depositories, custodians, central counterparties, software
companies and data vendors. A particular feature of Mike’s courses is the emphasis placed on risks within operations, and the associated controls.
Mike is the author of three books:
• Securities Operations; a Guide to Trade and Position Management
• Corporate Actions; a Guide to Securities Event Management
• Collateral Management; a Guide to Mitigating Counterparty Risk
"Very insightful, very practical. Excellent…enjoyed the practical anecdotes to the technical material"