INTRODUCTION
This GLOMACS training seminar focuses on understanding the contemporary functional roles of global banking and financial intermediation and the short-term money markets, foreign exchange markets, and swap markets. It will examine a wide range of modern-day case examples regarding money transfers and the various products-services that support banking intermediaries. This seminar will also review the full range of global banking and money markets, including: country and regional monetary policies, overnight deposits, SWIFT wire transfers, M1-M2-M3 L and “prime” [LIBOR] lending-rate benchmarks. The focus will be on terminology, models, risk positions, hedging, and the role of monetary on lending, borrowing, and short-term marketable securities worldwide.
This GLOMACS training seminar will highlight:
- The roles and relative interactions of central banks in London, EU, China, Japan, and the U.S.
- All types of daily currency transactions between individuals, businesses, and nations
- The function of money markets’ short-term lines of credit on daily/overnight balances
- The function of money market interest-bearing instruments on short-term liquid holdings
- How financial engineering developed the swap markets for interest and currency
- How monetary policies affect short-term cash flow strategies and risk positions
- The role of FOREX [foreign exchange] markets cash and futures, also put and call options
- Strategies for managing banking and money market transactions and relationships
Objectives
At the end of this GLOMACS training seminar, you will be able to:
- Review any company’s short-term money-market positions on assets and liabilities
- Analyze the risk exposure of FOREX transactions in both cash and futures positions
- Differentiate M1 M2 M3 and L balances in central bank monetary policy structures
- Explain the process of balancing daily cash flow transactions through financial intermediaries
- Develop a rubric to analyze any company’s short-term “returns on money”
- Evaluate the pros and cons of using put and call options on FOREX futures to manage risk
- Explain the key differences between currency swaps and FOREX cash and futures markets
- Determine a workable interest-rate swap strategy for a firm’s short-term liabilities
- Analyze all types of short-term money market securities vs. cash balances and credit terms
Training Methodology
This GLOMACS training seminar will use an inductive reasoning approach for introducing new terms-concepts-models-methods, followed with highly interactive case-discussion aimed at practical application of key processes in the short-term money markets worldwide. Small-group team case projects will apply banking-intermediary terms, conditions, products, and services directly to the attendees’ organizations / firms / industries. The main focus is about being proactive in developing a strong understanding of global banking daily transactions and potential issues-risks that must be addressed re: monetary policies in both domestic and foreign markets, overnight / daily balances of money market positions, and how to mitigate the impact of negative moves in the FOREX and interest rate markets.
Organisational Impact
Attendees will have immediate return-on-investment [ROI] to their own firms / organizations by bringing banking, monetary policy, foreign currency exchange, and money market models, concepts, terminology, and perspectives directly to their workplace, colleagues, staff, and senior management. The tangible ROI is that attendees will be ready to demonstrate a working knowledge of these clearly applicable finance skills and competencies within the direct context of their Organizational and Operational responsibilities:
- A strong understanding of the relationship between monetary policies and global banking
- Developing strategies for managing cash flow and short-term money market transactions
- Being proactive in creating FOREX policies to manage risk exposure and currency valuations
- Managing fixed and variable interest rate risks with derivative securities
- Readily analyze short-term money market securities that best match cash flow expectations
- Be the point-person to explain and decide necessary banking products and services
Personal Impact
Attendees will further their own professional development by:
- Understanding specific money market strategies related to global banking and cash flow management
- Fostering a new managerial mindset and perspective on international money markets
- Enhancing their knowledge of monetary policy and its impact on foreign commerce and trade
- Objectively assess money market portfolio holdings vis-à-vis global cash flow cycles
- Implement forward-thinking approaches to FOREX risk mitigation and timing cycles
- Creating short-term financial models for both currencies and interest-rate securities
WHO SHOULD ATTEND?
This GLOMACS training course is suitable to a wide range of professionals but will greatly benefit:
- Anyone looking to expand their working knowledge about how global monetary policies impact cash flow cycles for both foreign receivables coming in and payables going out
- Anyone looking to improve the financial positioning of corporate/organizational short-term funds management for both global lines of credit and liquid marketable securities
- Senior Operational Executives who want to incorporate cash flow risk mitigation into the business model for all facets of the company’s global operations
- Board Members who want to enhance their fiduciary capacity to manage and mitigate FOREX risk exposure in global partnerships, markets, and transactions
- Business Development executives who want broader valuation impacts for potential commercial opportunities in foreign industries and markets