ACI Operations Certificate
Overview:
Introduction:
This program is designed to prepare participants for the certification exam only.
The ACI Operations Certificate is a globally recognized qualification designed for professionals working in treasury operations, back office, and middle office roles. It emphasizes operational best practices, compliance, and risk management, ensuring candidates understand critical processes in financial markets. This training program prepares participants for the official ACI Operations Certificate exam by providing comprehensive knowledge of operational standards, financial instruments, and market functions.
Program Objectives:
By the end of this program, participants will be able to:
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Identify the fundamentals of financial markets and their operational environment.
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Analyze the roles and processes in treasury operations and risk management.
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Explore the structure and functioning of financial instruments and derivatives.
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Manage operational risks and compliance in treasury operations effectively.
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Prepare for the ACI Operations Certificate examination.
Targeted Audience:
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Treasury operations professionals.
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Back office and middle office staff.
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Risk management and compliance officers.
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Financial market analysts.
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Professionals aiming to achieve the ACI Operations Certificate.
Program Outline:
Unit 1:
Financial Markets Environment:
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Overview of financial markets and their role in the economy.
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Participants and institutions in financial markets.
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Key market conventions and trading principles.
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Introduction to settlement systems and infrastructure.
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The importance of ethics and governance in operations.
Unit 2:
Foreign Exchange Operations:
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Basics of foreign exchange markets and currency trading.
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Spot, forward, and swap transactions in FX.
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Operational processes in FX settlements.
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Managing exchange rate risks in operations.
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Documentation and compliance in FX transactions.
Unit 3:
Money Market and Fixed Income Operations:
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Instruments in money markets: deposits, repos, and certificates of deposit.
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Fixed income securities: bonds, notes, and bills.
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Clearing and settlement processes for money markets and fixed income.
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Interest rate products and their operational considerations.
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Risk management techniques in money market operations.
Unit 4:
Derivatives and Operational Risk Management:
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Introduction to derivatives: forwards, futures, options, and swaps.
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Operational workflows for derivatives trading and settlement.
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Identifying and mitigating operational risks in derivatives markets.
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Key risk management tools and controls in financial operations.
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Regulatory compliance in derivatives and operational risk frameworks.
Unit 5:
Certification Exam Preparation:
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Comprehensive review of the ACI Operations Certificate syllabus.
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Clarifying key concepts in operational standards and market functions.
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Sample exam questions and their potential answers.
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Resources and materials for further study.