Course Code: 106

Duration: 1 day

Level: Basic

Fee: $795.00

Instructor: George Bollenbacher

CPE Credits: 7

Prerequisite: No Prerequisite Required.

This one-seminar addresses securities processing from a buy side organization's viewpoint. We begin with an examination of the types of buy side organizations, then review the major securities categories and related processing requirements. The transaction lifecycle is followed from trade execution through to account reconciliation. The concluding review includes future trends and straight through processing.

The Structure of the Business

•  The Industry
•   Investment Managers
•   Broker/Dealers
•   Custodians
•   Agents
•   Depositories
•   Fund Distributors
•   Pension Funds
•   Regulators

•  The Functions that are Performed
  
  
•  The Structure of the Enterprise
• Investment Management
• Investment Operations
• Customer Operations
• What Instruments are Invested in and Traded?

•  Equity-based
  
• Fixed Income-based
  
• Non-securities

What do the Other Entities Do?

•  Broker/Dealers
•  Custodians
•  Depositories
•  Regulators
•  Accounting Agents

Looking at the Processes

•  Investment Processes
•  Custodial Processes
•  Customer Processes

Looking at the Reports

Where Can We Be More Efficient?

•  What Does it Cost to do a Trade?
•  The Value of Information to the Portfolio Manager

Where do the Risks Lie?

•  Settlement Risks
•  Accounting Risks
•  Market Share Risks

Where do the Profits Lie?

•  Growing Assets Under Management
•  Controlling Risks
•  Reducing Costs