Cash Processing and Management

Description

With increasing transaction volumes and complexity, managing cash has become a major challenge. It is essential for financial service providers to manage money effectively, because in cash management more than anywhere else "time is money".

Course Content

• Fundamental concepts of cash management
• Activities that belong to cash processing and their characteristics
• Time value of money and interest
• Foreign exchange markets and how they function
• Payment processing
• Roles and functions of SWIFT, TARGET, Fedwire, CLS and other cash-oriented systems
• Use of derivatives in cash management
• Spot and forward markets
• Risks and issues surrounding cash management and payments
• Managing cash placements

Duration

1 day for up to 12 participants

Target Audience

Anyone who wants to understand how to manage cash effectively.