The barriers to entry that have traditionally protected the financial services sector are beginning to fade away, and incumbents now face a multitude of disruptive shifts. On the other side, customers expect real-time, seamless, and intelligent financial services. Regulation drives further competition.
17-01-2022 | François de Witte | treasuryXL |
In order to be accepted to this certified path it will be asked to complete this application form .
This training will be planned and will start when a sufficient number of participants has been reached. You will then be informed at least 2 months before the course starts.
However, you can still fill in your application and we will contact you.
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.
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 Treasurer” profession.
Objectives
At the end of this programme, the participant will able to:
The various modules will allow to acquire an in-depth knowledge of the different areas of the “Corporate Treasurer” profession.
Programme
Speaker: Benjamin Defays / Treasury Manager
Speaker: Hugues Pirotte / Professor of Finance at Solvay Brussels School
Speaker François De Witte / Consultant
Speaker: Benjamin Defays / Treasury Manager
Speaker: Benjamin Defays / Treasury Manager
Speaker: Lievin Tshikali
Speaker: François Masquelier / Group Treasurer
Speaker: François Masquelier/ Group Treasurer
Speaker: Thierry Hamon / Cash management & security expert
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).
Anyone willing to acquire an in-depth knowledge in corporate treasury and wishing to exercise this knowledge in practice.
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).
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.
| 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.
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.
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.
Financieel basisinzicht is vereist.
Het programma komt in aanmerking voor 9 uren permanente vorming bij ITAA.
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.
| 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 |
| 15-7-2021 | François de Witte | treasuryXL |
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.
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.
At the end of this programme, the participant will able to:
The various modules will allow to acquire an in-depth knowledge of the various areas of the “Corporate Treasurer” profession.
Module 0: Introduction to Treasury Management
Speaker: Benjamin Defays / Treasury Manager
Module 1: Financial Maths in Excel (Focus on treasury & corporate finance)
Speaker: Hugues Pirotte / Professor of Finance at Solvay Brussels School
Module 2: Payments, Cash Management and Banking Relations
Speaker François De Witte / Consultant
Module 3: Trade Finance in context of uncertainty
Speaker: Benjamin Defays / Treasury Manager
Module 4: Introduction to Counterparty Credit Risk Management and Cash Collection
Speaker: Benjamin Defays / Treasury Manager
Module 5: Practical Aspects of International Finance Regulation
Speaker: Lievin Tshikali
Module 6: Risk Management applied to treasury
Speaker: François Masquelier / Group Treasurer
Module 7: Technologies applied to treasury
Speaker: François Masquelier/ Group Treasurer
Module 8: Cyberfraud: what you need to know to manage this ever increasing risk
Speaker: Thierry Hamon / Cash management & security expert
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).
Anyone willing to acquire an in-depth knowledge in corporate treasury and wishing to exercise this knowledge in practice.
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).
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.
| 06-05-2021 | François de Witte | treasuryXL |
Ensure that you are operating best practice in the current economic climate and receive the latest update on industry developments through the key topics:
June 2-4, 2021
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 by sending an email to [email protected] for further instructions
| 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.
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.
Deze module richt zich tot bedrijfsleiders, alsook alle financieel verantwoordelijken, treasurers, leden van het treasury team, controllers, financieel adviseurs, accountants, relatiegelastigden ondernemingen bij financiële instellingen.
Financieel basisinzicht en ervaring met financiële transacties is vereist. Voelt u zich hier nog onvoldoende mee vertrouwd dan kan u voorafgaand de opleidingsmodule “Cash- en werkkapitaalbeheer” volgen.
Het programma komt in aanmerking voor 9 uren permanente vorming bij ITAA.
| Datum | Startuur | Einduur |
|---|---|---|
| donderdag 20/05/2021 | 18:30 | 21:30 |
| donderdag 27/05/2021 | 18:30 | 21:30 |
| donderdag 03/06/2021 | 18:30 | 21:30 |
| 31-3-2021 | François de Witte | treasuryXL |
Weet u hoe verantwoord moet omgaan met wisselkoersrisico’s? Het antwoord geenszins éénduidig … Maar wat zeker is, is dat goede beslissingen beginnen bij een concrete inschatting van dit risico.
Assessment van uw wisselkoersrisico’s
Het is belangrijk om uw risico’s te identificeren en te kwantificeren. Koopt of verkoopt u in vreemde munten? Welke klantenrisico’s hebt u? Hebt u investeringen of leningen in vreemde valutas? En wat met andere cash flow risico’s? U moet beslissen in welke mate deze risico’s kunnen worden vermeden en of ze aanvaardbaar zijn.
Actieplan
Dan blijft de belangrijke vraag natuurlijk welke acties u neemt nadat uw situatie in kaart is gebracht. Worden de risico’s getransfereerd naar derden? Worden de risico’s ingedekt door verzekeringen of andere wisselkoersinstrumenten. Om de juiste verantwoorde beslissingen te nemen, moet u beschikken over het inzicht in deze verzekerings- en indekkingstechnieken. Hoe organiseert u een performante controle, opvolging en rapportering van de risico’s?
Deze module richt zich tot bedrijfsleiders, alsook alle financieel verantwoordelijken, treasurers, leden van het treasury team, controllers, financieel adviseurs, accountants, relatiegelastigden ondernemingen bij financiële instellingen.
Financieel basisinzicht en ervaring met financiële transacties is vereist. Voelt u zich hier nog onvoldoende mee vertrouwd dan kan u voorafgaand de opleidingsmodule ‘Cash- en werkkapitaalbeheer’ volgen.
Dit programma komt in aanmerking voor 6 uur permanente vorming ITAA.
1. Financieel risico management: algemeen
2. Wisselkoersrisico’s
| Datum | Startuur | Einduur |
|---|---|---|
| maandag 19/04/2021 | 09:00 | 12:00 |
| maandag 26/04/2021 | 09:00 | 12:00 |
| Data onder voorbehoud van eventuele wijzigingen |
| 1-2-2021 | François de Witte | treasuryXL |
As a result of the COVID19, many companies are faced with cash & liquidity problems. How do you deal with this? What tools do you have available to manage this? How do you approach the stakeholders, including the banks for additional loans. Find out in upcoming event with the help of our Expert François de Witte. Continues in Dutch…
Deze opleiding heeft als doelstelling om inzicht te geven in:
De opleiding kan gevolgd worden door verschillende doelgroepen:
Advanced level: biedt praktijkgerichte toepassingen op de reeds verworven theoretische kennis van de “basic level” opleidingen (uitdieping).
Inleiding: Belang van cash & liquidity management
Deel 1: Tools voor het beheer van cash & liquidity management van je onderneming:
Deel 2: Tips voor het verbeteren van je cash positie:
Deel 3: Onderhandeling van uitstel vervaldagen of nieuwe kredieten bij de banken:
Deel 4: Risico’s en opportuniteiten – Actieplan:
Q & A – Coaching
Verder hoeft u niets te downloaden. Om de webinar te kunnen volgen, heeft u nodig: een computer, een internetverbinding en de mogelijkheid om geluid af te spelen. U krijgt via uw scherm de lesgever en de presentatie te zien. U heeft ook de mogelijkheid om gedurende de hele webinar vragen te stellen.
Type opleiding: Webinar (korte online opleiding)
Opleidingsmateriaal:
Leden: € 160
Niet-leden: € 180
Partner BZB: € 160
Incompany: op maat, prijzen op aanvraag
| 18-02-2020 | François de Witte | treasuryXL |
Corporate Governance is a mechanism through which boards and directors can direct, monitor and supervise the conduct and operation of the corporation and its management in a way that ensures appropriate levels of authority, accountability, stewardship, leadership, direction and control.
The ultimate responsibility for Treasury management within an organization lies with the board of directors. Due to the practicalities and technical aspects involved in corporate treasury, the board typically delegates the daily management of risk to responsible individuals in each department. In the case of financial risks, many of these are delegated to the treasurer.
Whilst, due to its specific activities, the corporate treasurer needs to take a lot of actions and decisions independently, it is important that he does this within a framework and Governance. Quite a lot of corporates have formalized this in a “Corporate Treasury Policy”.
The Corporate Treasury Policy is the mechanisms by which the board, or risk management committee (RMC), can delegate financial decisions in a controlled manner. This document should be a summary of all the principles approved by the Board or the Financial Committee of the Board as a mandate of the Board to the treasurer (the Treasury Mandate).
The Corporate Treasury Policy is a framework document, which covers the following areas:
In most of the companies, the Corporate Treasury Reports to the CFO. The CFO is usually himself a Member of the Executive Committee, which itself reports directly to the Board of Directors. (Treasurer – CFO – Treasury Committee – Audit Committee – Board):
A policy should set out clearly which decisions are delegated to the treasurer and when the treasurer should refer a decision back to the board or other person within the organization. Within several corporate, the Board of Directors have delegated the decision process to dedicated committee, like the Risk Committee, and the Liquidity and Funding Committee.
Procedures and controls to manage the risk should be put in place to provide an overall framework for decision-making by the treasury team.
Ideally, this should also include a code of conduct. The Corporate Treasurer should act as a Corporate Custodian. In other words, he is Protector of the company’s assets, and should act according to a strict Code of Conduct and Ethics. There exist examples of codes developed by professional organizations such as IGTA, ATEB, AFTE, ACT and ATEL.
The board should be informed about funding possibilities to put currency, maturity, cost and equity/debt character into a wider context. The board should decide on the strategy but can delegate fund raising decisions and actions to treasury. However, I recommend that Treasury asks the final board approval for strategic decisions (e.g. major syndicated loans, bond issues, etc.).
The board should have an overall view on the liquidity risk of the company. The Board should also define the financial policy, covering the gearing and maturity issues, fixed and variable interest rate obligations, dividend policy and covenants.
Banks chosen by the treasurer must be able to meet the needs of the organization, both domestically and internationally. I recommend that the Board approves annually criteria for selecting the banks with whom it will work.
The Treasurer must identify the various risks to which the company is exposed, quantify the impact, and should inform the Board thereof. He should estimate the size of these exposure risks and their impact on the he overall operations and financial performance of the company, and make recommendations in these areas
The board must approve the hedging policy, the company’s foreign exchange, interest rate and commodity risk management policy and its attitude to risk. It should define which part of the risks must be hedged and the hedging horizon. I recommend that the Treasurer submits at regular intervals to the Board the list of authorized instruments, the amount per instrument and their term
The board should approve the treasury’s Investment policy including the choice of instruments, the list of counterparties used + the maximum amount/counterparty & maturity. It is recommended that the Board provides guidelines and limits per instrument.
It is recommended that the Board approves the guidelines for fixing counterparty limits, and maximum exposure per counterparty.
The Treasurer should make sure that the board must understands and approve the strategies and instruments used and sets guidelines for the appropriate limits for their use. These guidelines need to ensure that treasury has not sacrificed long-term flexibility or
survival for short-term gain, especially in view of the volatile financial market’s situation.
The treasurer should make the Board aware of the operational risks to which the company is exposed. He should provide recommendations in this area. Furthermore, the treasurer should also submit recommendations to the board on the treasury organization and the ways to reduce the operational risks.
A Corporate Treasury Policy has only sense, if there is a regular follow up and control framework; Hence procedures and controls to manage the risk should be put in place to provide an overall framework for decision-making by the treasury team.
It is also important to provide to the Board a regular update on the way the treasurer complies with the policy. The policy should also be regularly reviewed.
Treasury must alert the board to external changes and internal strategic developments, which may have long-term implications for the organization and make proposals for managing them.
The policy needs also to be reviewed at regular intervals each “Policy” in function of the market and of other internal or external developments. I recommend having treasury on the Board’s agenda on a quarterly basis.
Treasury is not an island in the company. It is closely linked to the corporate governance. Hence it is important to define the right framework.
I recommend to corporates to put in place a treasury policy validated by the Board of Directors and reviewed regularly. It is important to update the Board at regular intervals about strategic topics, such as strategic financing topics and risk management.
The treasurer has also an important educational role, as he must be able to make complex treasury topics understandable for the board members.
Hence there must be a good interaction between the treasurer, the CFO and the Board is key, where the Treasurer is the linking pin.
François de Witte
Founder & Senior Consultant at FDW Consult
Managing Director and CFO at SafeTrade Holding S.A.
treasuryXL ambassador
| 24-9-2019 | François de Witte | treasuryXL |
This training program at the Febelfin Academy prepares participants for 2 major challenges of the upcoming years in banking: PSD2 & Open Banking. This will have a major impact on the financial ecosystem and will create new challenges.
The goal of this training course is to:
This training course can be followed by multiple target groups:
Advanced: offers practice-based applications to complement the theoretical knowledge already acquired through the “basic level” courses (in-depth learning).
There is no specific preparation required. For persons who are less acquainted with PSD2 and payments, some pre-course reading material can be made available.”
This training program prepares participants for two key challenges of the upcoming years in banking: PSD2 and Open Banking.
Part I: PSD2 and Open Banking – overview:
Part II: Open banking architecture: Implications for banks and the New Players
Part 3: PSD2: Potential impact on the market and next steps
Duration: One day training
Date: October 10, 2019
Hours: 9AM-5PM (6 training hours)
Location: Febelfin Academy, Aarlenstraat/Rue d’Arlon 80, 1040 Brussels
Additional information: This training course will be given in English
François de Witte
Founder & Senior Consultant at FDW Consult / Managing Director and CFO at SafeTrade Holding S.A.
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Corporate treasury continues to develop alongside changes in technology, regulation, and organisational priorities.
In this session, treasuryXL & Vrije Universiteit Amsterdam bring together professionals and academics to discuss how education, knowledge sharing, and professional exchange help strengthen the field and support those working in treasury today.