Advanced Cash Management Course

Get in-depth cash management training and prepare for a rapidly changing environment in this two-day course.

IS THE ADVANCED CASH MANAGEMENT COURSE RIGHT FOR YOU?

Yes, if you are:

  • a corporate treasurer or finance professional responsible for payments, bank relationships or cash management processes

WHAT WILL YOU GAIN FROM THE ADVANCED CASH MANAGEMENT COURSE?

  • An understanding of the drivers and order of treasury centralisation
  • Knowledge of how to assess the provision of banking service needs
  • An understanding of the challenges around cash management and potential solutions in a multi-currency environment
  • The ability to adopt the most efficient account structures
  • Knowledge of liquidity management techniques including cash concentration and notional pooling
  • An awareness of industry initiatives such as SEPA and ISO20022 and their application to cash management
  • An awareness of new regulatory initiatives like Payment Services Directive II and their application to your business
  • A high-level orientation on the Fintech storm and what relevant new services are emerging from it

ADVANCED CASH MANAGEMENT COURSE STRUCTURE

This course is divided into six topic areas over two days.

Centralisation of finance functions

  • Treasury centralisation
  • Payables and receivables centralisation
  • Mechanics of multilateral netting

Treasury centres and shared service centres

  • Treasury centres
    • Activities, locations, integration with subsidiaries and tax treatment
  • Shared service centres
    • Activities, legal and operational relationship with subsidiaries
  • IT environment implications
  • International banks — structure, products and services
  • Branch/subsidiary structure and capabilities
  • Treasury and wholesale banking services
  • Basic funds transfer and electronic reporting

Cash management products

  • Zero-balancing and target balancing
  • Pooling engines
  • Partner banking models (IBOS, Re accounts, bilaterals)
  • Complex liquidity structures to achieve a single cash holding entity

Notional pooling

  • Operational and pricing mechanics of notional pooling
  • Treatment by banks for capital adequacy
  • Tax and legal issues

Initiatives to foster full centralisation

  • Global initiatives — SWIFT Corporate Access and ISO20022
  • European initiatives – Single Euro Payments Area and Payment Services Directive

Initiatives to foster more competition

  • European initiatives — Payment Services Directive II and the European Payments Regulatory Package
  • UK initiatives – Payment Systems Regulator

WHAT YOU GET ON THE DAY
Join us for a truly inspiring training session. Training courses are a safe environment for you to ask questions and learn practical skills you can immediately apply back in the work place. You’ll meet like-minded people and hopefully make some great contacts too. And we’ll look after you from the word go, offering booking, travel or accommodation advice and a warm welcome on the day.
FRIENDLY

We’re committed to making you feel welcome, you only need to ask

CATERED

From great food to stationery we’ve got it covered

PRACTICAL

Useful handouts are supplied so you can refer back at any time

MEET YOUR TRAINER

Bob Lyddon

Bob is a strategic consultant specialising in banking, payments and cash management. He is head of the secretariat of IBOS Association in London. He runs numerous seminars on SEPA, Payment Services Directive and international payments and cash management. In a banking career spanning over 17 years, Bob was latterly director of European Cash Management at BankBoston, where he created the Connector multibank payments network. Bob’s earlier career was spent at Manufacturers Hanover Trust/Chemical and Lloyds Bank International.

BUY YOUR COURSE

Dates and location:
17-18 October 2017, London

Fees:

ACT members, students and CPD accredited employers: £1,500 + VAT

Other treasury/accountancy body members: £1,600 + VAT

Non-members: £1,700 + VAT
 

Discounts:

Early bird discounts - book six weeks before the course starts or earlier to save 15% on the course fee *

Group discounts - if three or more people from the same organisation book onto any ACT training course, they qualify for 25% off the combined course fee *

* see terms and conditions

Buy training course

This course provided a comprehensive guide to developments in modern cash management. It was presented in a manner that was interesting and easy to understand. We will certainly consider using ACT again for our future training requirements.
Michael Murphy, Associate Director, Finance, Jazz Pharmaceuticals
BOOKING FOR YOUR TEAM?

We can also deliver this advanced cash management training course to companies with teams that are interested in taking the course, tailoring it to your business needs. Find out more about in-company solutions here.