Education & Training Archives - Page 9 of 11 - treasuryXL

Question treasuryXL Panel #4 | When do I pay an FX surcharge to my payment service provider?

14-12-2021 | treasuryXL | EcomStream | LinkedIn |

treasuryXL is the community platform for all your relevant treasury questions.

We received the following question from one of our followers… Read more

Question treasuryXL Panel #3 | Should treasury always report to the CFO?

02-11-2021 | treasuryXL | Treasurer Search | LinkedIn |

treasuryXL is the community platform for all your relevant treasury questions.

We received the following question from one of our followers… Read more

Beheer uw Financiële Middelen | Cash- en werkkapitaalbeheer

| 29-10-2021 | François de Witte | treasuryXL |

Een bedrijf financieel gezond houden kan niet zonder een gedegen werkkapitaalbeheer. In deze basisopleiding bekijken we alle inkomende en uitgaande geldstromen (debiteuren, crediteuren, voorraden en cash). U leert hoe u deze geldstromen kan beheren en optimaliseren. Een aanrader voor iedereen wie interesse heeft en de noodzaak inziet van een transparant treasury- en creditmanagement. Deze opleiding gaat klassikaal door in campus Gent.

Omschrijving

Productieprocessen, (internationale) logistieke processen en verkoopprocessen brengen grote geldstromen in beweging. Een bedrijf financieel gezond houden kan niet zonder een gedegen werkkapitaalbeheer. In deze basisopleiding bekijken we alle inkomende en uitgaande geldstromen (debiteuren, crediteuren, voorraden en cash). U leert hoe u deze geldstromen kunt beheren en optimaliseren. Een aanrader voor iedereen wie interesse heeft en de noodzaak inziet van een transparant treasury- en creditmanagement.

Voor wie is deze opleiding bestemd?

Deze module richt zich tot bedrijfsleiders, alsook alle financieel verantwoordelijken, leden van het treasury team, controllers, financieel adviseurs, accountants, accountmanagers en productmanagers bij financiële instellingen.

Voorkennis

Financieel basisinzicht is vereist.

Bijkomende info

Het programma komt in aanmerking voor 9 uren permanente vorming bij ITAA.

Methodologie

Het programma is doorspekt met cases die samen met de deelnemers behandeld worden. Naast voorbeelden uit de praktijk die de theoretische onderbouw concretiseren, is er steeds aandacht voor de opmerkingen en vragen van de deelnemers. Om deze reden is het aantal deelnemers beperkt.

Lesdata

DATUM	STARTUUR	EINDUUR
woensdag 01/12/2021	9:30	12:30
woensdag 01/12/2021	13:30	16:30
woensdag 8/12/2021	13:30	16:30

Meer informatie en inschrijven: Klik Hier

François de Witte

Question treasuryXL Panel #2 | How is PSD2 being applied in a business context?

12-10-2021| treasuryXL | Cobase |LinkedIn |

treasuryXL is the community platform for all your relevant treasury questions.

We received the following question from one of our followers…

QUESTION

“As a treasurer, efficient and risk-free handling of payments and reporting are top of mind. In the daily news I read a lot about PSD2, but why don’t I see much of this being applied in a business context?”

ANSWER

We asked for assistance of our highly valued partners to answer the question: Joost Kevelam, Head of Sales and Head of Financial Markets & Risk Solutions at Cobase.

With his expertise he could help out our contact perfectly!

Joost Kevelam responds:

“That is a great question. Today PSD2 is very much geared towards retail users. For corporate usage, we see three key hurdles that need to be cleared.

Firstly, for reporting purposes PSD2 still demands use of bank-specific tokens; either for periodical consent (for reporting) or for each payment. For treasurers that have several banks this is prohibitive.

Secondly, corporate treasurers want to connect in such a way that they can do all their cash management tasks in their ERP and the ERP then connects (unattended) to all their banks. The banks’ PSD2 (or Open Banking) connections often do not support these patterns.”

Lastly PSD2 protocols vary wildly across banks, there is no standard yet. Developments in the right direction are unfolding slowly.
In the meanwhile there are solution providers in the market that offer much of the touted future PSD2 benefits, but with technology that is already easily available today (e.g. swift, host-2-host and other APIs). If you select a provider, please consider whether they have the license and capability to easily migrate you to the PSD2/Open Banking interfaces once they are suitable for corporate usage.
Feel free to contact me if you wish to discuss how these technologies can make your life as a treasurer easier.

Do you also have a treasury related question? Feel free to leave your question at our treasuryXL Panel. The panel members are willing to answer your question, free of charge, no commitment.

Question treasuryXL Panel #1 | Is a BIC registration possible for both financial as non-financial institutions?

28-09-2021| treasuryXL | Enigma |LinkedIn |

treasuryXL is the community platform for all your relevant treasury questions.

We received the following question from one of our followers… Read more

Invitation Open Evening Treasury Management | August 24 | Vrije Universiteit Amsterdam

29-07-2021 | VU Amsterdam |

Are you up for the next step in your career? Would you like to further develop your knowledge, skills and professional view on this fast-changing world?

The Vrije Universiteit Amsterdam invites you to join the Online Open Evening on Tuesday, 24 August 2021.

Get inspired by their teachers and programme director and ask your questions during a live stream Zoom session.

Register for Treasury Management & Corporate Finance at 18.00 hrs.

Register for Fundamentals of Treasury Management at 20.00 hrs.

For an overview of all the programmes, check out the Executive Education Website.

We are looking forward to welcoming you!

11th Annual Funds Transfer Pricing and Balance Sheet Management | September 2-3, 2021

19-07-2021 | treasuryXL | Kendra Keydeniers | Marcus Evens

Manage and steer excess liquidity in the current climate through effective FTP strategy in order to achieve balance sheet optimisation.

London, UK or Virtual Attendance

2^nd – 3^rd September, 2021 | 08:30 BST

The COVID-19 crisis has shifted the banking industry’s focus to balance sheet management, due to the volatility it has caused in the balance sheet. The impact of the move to a risk free rate, measures taken by authorities to incentivise lending throughout COVID-19 and the sustained low interest rate environment have posed a large amount of challenges for those in Asset Liability Management (ALM) and Funds Transfer Pricing (FTP). Banks should ensure FTP is not treated as a cost centre but as a tool to drive excess liquidity, grow assets to offset liabilities and ultimately target P&L volatility caused by COVID-19.

The marcus evans ‘11^th Annual Funds Transfer Pricing and Balance Sheet Management’ conference will provide banks with a platform to learn from practical case studies how to develop an efficient FTP model that achieves optimal balance sheet structure in the COVID era, as well as offer a glimpse into future developments surrounding liquidity risk to be able to anticipate demands and improve funding plans. Attend the conference in London on 2-3 September, 2021 or join virtually, and enjoy two days of practical case studies, panel discussions and networking opportunities.

Attending This Premier marcus evans Conference Will Enable You to:

Evaluate the cost of funding in relation to excess liquidity driven by customer deposits and regulatory support.
Steer liquidity and capital to manage the excess liquidity and prepare for potential absorption of this excess.
Achieve balance sheet optimisation to navigate through constraints and stress prompted by the COVID era.
Evolve FTP strategy alongside market developments such as customer behaviour and sustainability metrics.

Practical Insights and Case Studies from Industry Experts, some of which include:

Maros Hrnciar, Head of Financial Analysis and Budgeting, Raiffeisenbank
Dr. Thomas Ribarits, Director, Financial Risk Management, European Investment Bank
Anton Fuchs, Senior Risk Control, Landesbank Berlin AG
Heikki Koskinen, Head of ALM Analytics, Group Treasury, Luminor
Gerwin Scharmann, Head of Treasury, Santander Consumer Bank AG
Fitzarnaz Drummond, Executive Director, Goldman Sachs
Davide Vella, Head of Balance Sheet Management, Mediobanca

For more information please contact: Ms Ria Kiayia, Digital Media and PR Marketing Executive at [email protected] or visit: https://bit.ly/3hz5jp3

I wish you a great event!

Kendra Keydeniers

Director, Community & Partners at treasuryXL

International Treasury Management and Corporate Finance

| 15-7-2021 | François de Witte | treasuryXL |

We would like to highlight the following event, of which our Expert François de Witte is a part. Register below to learn more about International Treasury Management and Corporate Finance.

Registration

In order to be accepted to this certified path it will be asked to complete this application form .

This course will start in October 2021. It includes 9 training modules and 5 intermediary exams. It is necessary to complete this form before your official registration. Registration will be closed on 1st September 2021 .

If you do not wish to be certified but are interested in the topics, almost every course can be purchased independently by clicking on the title in the content below. This certified path is a blended training which contains both physical and virtual classroom, e-mentoring, teamwork, etc.

Description

The treasurer is the custodian of the company’s daily liquidity. He manages, anticipates and secures cash flows by ensuring that financial needs are covered. This cursus will give the ability to assist directly and practically the treasurer of large corporates or to take over the treasury responsibilities in a SME. The various modules will allow acquiring an in-depth knowledge of the various areas of the “Corporate Treasure” profession.

Objectives

At the end of this programme, the participant will able to:

assist directly and practically the treasurer of large corporates
take over treasury responsibilities in a SME.

The various modules will allow to acquire an in-depth knowledge of the various areas of the “Corporate Treasurer” profession.

Programme

Module 0: Introduction to Treasury Management
Speaker: Benjamin Defays / Treasury Manager

Corporate Treasurer’s responsibilities
Cash management (bank account opening, closing, KYC, Cash pooling, Payments and bank connectivity)
Liquidity management (importance of working capital management,
Risk management (foreign exchange, fraud, credit risk)
Trade finance (general context, intro to bank guarantees and letters of credit)

Module 1: Financial Maths in Excel (Focus on treasury & corporate finance)
Speaker: Hugues Pirotte / Professor of Finance at Solvay Brussels School

Focus on treasury & corporate finance
Time Value of Money
Vocabulary
Compounding intervals
Discount and annuity factors

Module 2: Payments, Cash Management and Banking Relations
Speaker François De Witte / Consultant

Payments (Process, Tools)
Liquidity Management
Cash-Flow Forecasting
In-House Banking
Banking Relationship

Module 3: Trade Finance in context of uncertainty
Speaker: Benjamin Defays / Treasury Manager

General contact, cultural aspects
Why trade finance in treasury
Bank Guarantees, Burgschafts, Surety Bonds, Letters of Credit, Cash against Documents
Alterative security instruments
Disruptive technologies

Module 4: Introduction to Counterparty Credit Risk Management and Cash Collection
Speaker: Benjamin Defays / Treasury Manager

Concepts & Practices/Types of Credit Risks
Understanding Financial Statements and Ratios
Credit Scoring/Ratings – S&P, Bloomberg models
Collecting overdue receivables – setting priorities
Strategies dealing with overdue invoices
Debt collection services development

Module 5: Practical Aspects of International Finance Regulation

Speaker: Lievin Tshikali

KYC, GDPR, EMIR, Bale III
International sanctions and their impact on transactions & overall business activities
Anticorruption (FCPA, UK Bribery Act)
EU competition law compliance
INCOTERMS
Drafting a contract (main considerations)

Module 6: Risk Management applied to treasury
Speaker: François Masquelier / Group Treasurer

FX, Interests
Counterparties
Others (Reputation, etc…)

Objectives of Hedge Accounting
Required documentation and formalisation of Hedge Accounting relationships
Different types of hedges (Fair Value, Cash Flow, Net Investment)
Booking adjustments of different hedge types
Typical examples of different hedge types

Module 7: Technologies applied to treasury
Speaker: François Masquelier/ Group Treasurer

New Technologies
Blockchain, Crypto-currencies, Smart Contracts
Treasury Console (Bloomberg, Thomson Reuters)
TMS, Financial Technology

Module 8: Cyberfraud: what you need to know to manage this ever increasing risk

Speaker: Thierry Hamon / Cash management & security expert

Getting an overview of the different cyberattacks techniques currently used
Understand the possible consequences of cyberfraud and what needs to be protected
Learn 50 ways to protect

Some homework might be proposed for some modules, there will be continuous control in the form of intermediary exams (under the form of QCM) and a final exam will be sanctioned by an attestation delivered by ATEL (The Luxembourg Association of Corporate Treasurers).

There might also be one or two “extra-activity”, such as a visit in a bank trading room or/and a special guest speaker addressing the cursus participants on a specific subject (still to be defined, optional events).

Target Audience

Anyone willing to acquire an in-depth knowledge in corporate treasury and wishing to exercise this knowledge in practice.

Prerequisites

Basic background in finance or accounting
For the Advanced Excel workshop, a preliminary (good) knowledge in Excel is required.

Course Material

The course material can be downloaded free of charge via your portal the day before the start of the course (download the Client Portal User’s Guide here).

Certificate

At the end of the programme, the participants will receive a “Certificate of Attendance” delivered by the House of Training, and an attestation of “Exam Success Pass” delivered by ATEL. In order to get certified, an 80% rate of attendance and a 60% average score on the examinations are required. The participants will also receive a one-year free membership to ATEL (www.atel.lu) giving a number of advantages.

Register Here

François de Witte

Virtual Masterclass | Advanced Treasury & Cash Management

| 06-05-2021 | François de Witte | treasuryXL |

How do you deal with constant change and uncertainty?

As treasury continues to expand its influence, delving deeper into the business and providing advisory services and tech solutions to increase efficiency, flexibility has become paramount. From building resilience in an environment of shifting risks to providing innovation to support business growth, much more is expected from treasury leaders today.

What will the next decade look like for treasury leaders? The past 10 years, with high levels of uncertainty, volatility and changing technology, have upended traditional treasury. Then along came Covid-19 to bring new risks and induce more anxiety for corporate growth and stability, never mind completely altering the way we work.

We’re delighted to introduce the Advanced Treasury & Cash Management Masterclass which is a live 3 half-day program of 4 hours each designed for finance, treasury and banking professionals who have practical experience in various roles in treasury management and who need to gain a deeper practical knowledge of advanced treasury management techniques in today’s changing environment.

Key takeaways and outcome of the program

Ensure that you are operating best practice in the current economic climate and receive the latest update on industry developments through the key topics:

When?

June 2-4, 2021

Who Should attend?

Treasury Managers
Risk Managers
Corporate and Institutional Treasury Sales
Corporate & Institutional Treasury Staff
Relationship Managers Corporate Banking
Fintechs
Financial Controllers
Business Controllers
Regulators
Auditors
Accountants
CFO

About The Trainer: François de Witte

After having worked for more than 30 years in banking, François launched his own consultancy activity, FDW Consult Services BV, specialized in Banking, Finance and Treasury consulting. From 2014 to 2016, he was also Solution Partner Treasury & Finance at USG Professionals. Since then, he took up several assignments, including one in the automotive sector with Ginion Group and with Ibanity, part of Isabel Group in the area of PSD2 and Open Banking. He currently is Senior Project Manager Treasury at Gaming1 (part of Ardent-Group). He is also independent Director at CKV, a niche mortgage and savings bank & Community Ambassador of treasuryXL.com.

François is lecturer of the course “Advanced Treasury” and “Cash and Working Capital Management” in the Mastersprogram “Finance and Treasury” at the Lille Management School, at the Treasury Courses at the Vlerick Business School, at Febelfin Academy, and at SBM Opleidingen. He has also a leading role in the Certificate in International Treasury and Corporate Finance Management organized by ATEL and the House of Training in Luxembourg. François has a Master’s degree both in Law and Economics from the Katholieke Universiteit Leuven.

Register now and receive a 20% Discount

Register by sending an email to [email protected] for further instructions

Liquiditeitsbeheer en Cash Forecasting | Beheer en controle van de liquide middelen, kredietlijnen en -termijnen

| 05-05-2021 | François de Witte | treasuryXL |

Hebt u een goed overzicht van de liquiditeitspositie van de onderneming? Is er geen sprake van een versnipperde cash- en kredietbenutting die u een onvolledig beeld geeft? Bent u onlangs geconfronteerd met liquiditeitsproblemen als gevolg van onverwachte uitgaven? Tijd om in actie te komen!

De coronacrisis stelt de situatie heel scherp. Heel veel bedrijven lopen tegen liquiditeitsproblemen aan. En het zijn vaak niet de minste! Zelfs grote, succesvolle ondernemingen hebben in de praktijk vaak onvoldoende zicht op hun cashpositie.

Omschrijving

Wilt u de liquiditeit van uw bedrijf verhogen? Dan loont het de moeite om uw huidig beleid eens goed onder de loep te nemen. Door een goede opvolging benut u de cash van het bedrijf optimaal en houdt u het beslag op de kredietlijnen zo beperkt mogelijk.

Met onze specialist staat u daar niet alleen voor! Als uw bedrijf groeit, groeit ook de complexiteit. Hoe gaat u de versnippering van uw kaspositie tegen? Hoe gaat u om met de complexiteit van multi-bancaire relaties en internationale handel? Dankzij deze opleiding vindt u de beste (gepersonaliseerde) aanpak voor uw bedrijf.