Asset-Backed Securities and Structured Finance Products
Description
Following recent developments in financial markets, asset securitisation and structured finance have become more visible and controversial than ever before. The role of asset-backed securities and structured financial products (e.g., collateralised debt obligations) in the financial crisis has awakened considerable interest in these instruments, which are flexible, but potentially high risk. This course aims at providing participants with a good understanding of asset securitisation and structured finance products in their diverse forms.
Course Content
- Development of asset securitisation and structured finance products
- International market for asset-backed securities and structured finance instruments
- How asset-backed securities are created
- Operational characteristics of asset-backed securities
- Characteristics of structured finance instruments
- Use of derivatives in structured finance products
- Collateralised debt obligations
- Operations for structured finance products
- Pricing of asset-backed securities and structured finance products
- Legal and risk issues surrounding asset securitisation and structured finance
- Trends that could impact the future of asset securitisation and structured finance
Duration
1 day for up to 12 participants
Target Audience
Financial service professionals with more than 2 years experience who want to understand asset-backed securities and structured finance products.