Intended AudienceScholarly & Professional
Reviews"This book covers, in great detail, the increasingly complex world of settlements and will be appreciated as a source of information, not only by professionals in this field but also by a wider audience." - Heering Ligthart, President, ACI - The Financial Markets Association "The authors have achieved, in a logical, clear and concise manner, the difficult and ambitious task of describing the wide and complex range of responsibilities that confront the modern treasury professional. In my opinion this book not only provides an excellent source book for the ACI student but will also become an invaluable source of reference for the treasury operations professional." - Peter Mack ACIB, Former Chairman, ACI Exam Board "The book ... represents an excellent analysis of the wide range of aspects and services the treasury back office handles, in a business where margins have increasingly narrowed and settlement/risk topics increased. The authors emphasize the critical role of the back office in the processing chain of a treasury operation." - Thrill Romain, Head of Treasury Operations, Banque Internationale du Luxembourg SA, "This book covers, in great detail, the increasingly complex world of settlements and will be appreciated as a source of information, not only by professionals in this field but also by a wider audience." - Heering Ligthart, President, ACI - The Financial Markets Association "The authors have achieved, in a logical, clear and concise manner, the difficult and ambitious task of describing the wide and complex range of responsibilities that confront the modern treasury professional. In my opinion this book not only provides an excellent source book for the ACI student but will also become an invaluable source of reference for the treasury operations professional." - Peter Mack ACIB, Former Chairman, ACI Exam Board "The book ... represents an excellent analysis of the wide range of aspects and services the treasury back office handles, in a business where margins have increasingly narrowed and settlement/risk topics increased. The authors emphasize the critical role of the back office in the processing chain of a treasury operation." - Thrill Romain, Head of Treasury Operations, Banque Internationale du Luxembourg SA
SynopsisThe work carried out by treasury operations and settlements has evolved beyond almost all recognition over recent years. It has developed into a critical administrative area where the processing of all financial market and related transactions takes place. In the past, much of the knowledge and skills needed by back-office professionals could be learnt on the job. Today, the growing use of technology and new theoretical ideas have increased the need for the adoption of educational tools and techniques., Covers the foundations of back office operations and introduces future developments and innovations. This work provides you with the regulatory issues, procedures and protocols and offers a general overview of the money markets. It is intended for those working in financial institutions, corporate treasury, risk management and consulting firms.