Back-Office - Securities Clearing and Settlement

Clearing and settlement are essential to the integrity, stability and efficiency of financial markets. As market infrastructures continue to evolve and transaction volumes increase, professionals need a solid understanding of post-trade processes to ensure the timely, accurate and secure completion of securities transactions.

By the end of the training, participants will be able to:

·       Understand the end-to-end clearing and settlement process for securities transactions.

·       Identify the main actors involved in post-trade operations and understand their respective roles.

·       Gain an overview of the key market infrastructures supporting clearing and settlement activities.

·       Understand the principles of securities settlement, including delivery versus payment (DvP).

·       Recognise the main operational and settlement risks and the controls used to mitigate them.

·       Understand the impact of market standards and regulatory requirements on clearing and settlement processes.

·       Recognise best practices that contribute to efficient and secure post-trade operations.

• Introduction to trading and middle office
• Securities clearing and settlement
• Matching rules
• Registration procedure
• Settlement and securities delivery
• Target2Securities
• on/off market transactions
• tracking a buy/sell order end-to-end
• Back-office operations

Anyone between 1 and 5 years of experience in a back-office, or anyone outside the back-office, who would like to understand the operational mechanisms of a bank.