Training Courses

We focus on providing generic and customised workshops for financial institutions and the banking industry.

All workshops are presented in Johannesburg as well as Cape Town, some even countrywide depending on demand.

Please contact Ike Phiri  (ike@fullvalue.co.za) to find out more.

ACI Operations Certificate Workshop

The ACI Operations Certificate supports treasury operations teams and related groups to efficiently cope with stronger competition in the financial markets and to smooth co-operation with supervisory bodies. Candidates will become up-to-date with the latest developments that affect the treasury operations. It also helps candidates to develop a front to end treasury view in terms of process promoting a better understanding between trading community and operations staff.

The course is designed for the following groups:

  • Operations staff with at least 2 years of experience and seniors
  • Other Trading Room Support Areas
  • Internal and external Auditors
  • Compliance and Risk Officers
  • Product Control
  • Vendors

Enquiry for ACI Operations Certificate Workshop

ACI Dealers Certificate Workshop

The ACI Dealing Certificate is a foundation programme that allows candidates to acquire a working knowledge of the structure and operation of the major foreign exchange and money markets, application of the fundamental mathematics used in these markets, core products (cash, forwards and derivatives) and basic skills required for competent participation.
The course is designed for the following groups:

  • New entrants and junior dealers (0-18 Month’s Experience) in the dealing room
  • Middle office and operations personnel
  • Auditors and compliance officers

Enquiry for ACI Dealers Certificate

ACI Diploma Workshop

The ACI Diploma builds on the ACI Dealing Certificate and the ACI Operation Certificate and is designed to ensure that candidates acquire a superior theoretical and practical knowledge of the foreign exchange and money markets, their related instruments, and the linkages that exist between those markets and the practice of risk management. Candidates are expected to have acquired a solid grounding in the core subject areas and have the requisite skills in financial mathematics prior to matriculating for the Diploma.

The course of study for the ACI Diploma is designed for:

  • senior foreign exchange and money market dealers;
  • corporate and bank treasurers;
  • senior operations staff.

Whilst recommended, there is no obligation for candidates to have passed either the ACI Dealing Certificate or ACI Operations Certificate in order to be eligible to register for the ACI Diploma examination.

Enquiry for ACI Diploma Workshop

Money Market Workshop

The money market is often the most neglected of the various asset classes, and yet it is undoubtedly the most important. An understanding of what goes on in this sector serves as the foundation for an understanding of the various other sectors and asset classes.

This workshop is aimed at both current money market practitioners as well as new entrants into this market. It begins with where the money market fits into the treasury environment and covers the following topics:

 

·Money Market Instruments
·The math behind these instruments
·Nominal and effective interest rates
·Discount versus yield
·Break even analysis
·Holding period yield
·Horizon yield
·Risk Management
·Asset and Liability Management
·Factors influencing interest rates
·Yield curves
·Accounting for Money Market Instruments.

The course is workshop based. The delegates will be expected to complete a number of exercises and case studies.  A certificate of attendance will be issued.

 

For Enquiries about dates and prices, please contact Ike Phiri

Introduction to Financial Markets

The main objective of this workshop is to explain the workings, nuances and jargon of the various sectors of the markets to new graduates, new entrants into the markets as well as to support staff who deal with market practitioners but who are not financial market practitioners themselves. Outline of the Program:

  • Introduction
  • The Money Market
  • Foreign Exchange
  • The Bond or Debt Capital Market
  • The Derivatives Market

Format:

This is a “hands on” practical program and therefore the delegates will be expected to get involved in the course content. The program is presented in a face to face workshop format, ideally for new entrants into the financial services industry, whether they be front-, middle-, or back office personnel; support staff including IT, internal audit, legal, accounting, compliance, personal assistants etc.

 

For Enquiries about dates and prices, please contact Ike Phiri

Bonds Workshop

The overall objective is to explain and explore the fixed interest or bond market. Aspects such as the local nuances, bond market math, the jargon as well as some of the more popular strategies will be discussed and explained. Outline of the workshop

  • Introduction to the bond market:
  • Bond pricing and return measurements:
  • Risks associated with the bond market:
  • Duration and convexity:
  • Basic strategies:

Format

This is a “hands on” practical program and therefore the delegates will be expected to get involved in the course content. The program is presented in a face to face workshop format, ideally for  new entrants, operations staff, finance staff, compliance and IT staff.

 

For Enquiries about dates and prices, please contact Ike Phiri

Introduction to Derivatives

The overall objective is to explain and explore the fixed interest or bond market. Aspects such as the local nuances, bond market math, the jargon as well as some of the more popular strategies will be discussed and explained. Outline of the workshop:

  • Introduction to the bond market:
  • Bond pricing and return measurements:
  • Risks associated with the bond market:
  • Duration and convexity:
  • Basic strategies:

Format:

This is a “hands on” practical program and therefore the delegates will be expected to get involved in the course content. The program is presented in a face to face workshop format, ideally for  new entrants, operations staff, finance staff, compliance and IT staff.

Financial Math Workshop

Nowadays a basic understanding of math is insufficient to be truly successful in financial markets.  Market practitioners, be they dealers, treasurers, risk managers, admin managers, accountants, auditors, bankers or estate agents or anyone doing financial mathematics.  A sound knowledge and grounding in financial math will elevate one above competitors (and colleagues) who only have the basic concepts at their fingertips. Outline:

  • Basic functions of a financial calculator
  • Find, add, subtract, Percentage change, Margin and mark-up calculations
  • Using stored numbers, Arithmetic, Power operator, Parenthesis in calculations
  • Cash flows, interest (simple and compound), interest rates, TVM problems vs. cash flow problems
  • Using TVM, Begin and End modes, loan calculations, savings, lease and amortization calculations, Interest rate conversations.
  • Discounting, organizing and entering cash flows, Calculating Net present value and internal rate of return.

 

Format:

This face- to- face workshop aims to give the delegates the skills and confidence to manage basic and complex financial mathematical calculations and situations and make proper use of a financial calculator.

Financial Analysis Workshop

The Financial Analysis workshop is a two-day course that is designed to equip attendees with a practical understanding of technical and basic fundamental analysis with the ability to successfully apply learned techniques.  On completion of the technical analysis module attendees should be able to successfully evaluate technical reports and charts, as well as be able to affect some primary analyses. The methodology is a structured approach that is process driven and ensures a larger degree of consistent success over time.   

The fundamental analysis module gives a conceptual overview and covers the important components necessary to perform fundamental analysis. Attendees will be able to use the content as a knowledge base to better understand and evaluate analysis reports. Further self-study and advanced courses can ensure proficiency in this field. 

Outline:

The theory and building blocks of technical analysis

•Basic tenets and comparison to fundamental analysis
•Human behaviour- why technical analysis is effective
•Building blocks of technical analysis and how to apply them in successful combinations

Fundamental analysis principles

•Top down vs. Bottom up analysis
•Factors affecting company sustainability and profitability
•Profit drivers
•Ratio analysis as a product of financial statement research
•Practical application of techniques in a workshop format

 

Who should attend?

Ideally all financial market professionals (traders, analysts, asset/portfolio managers, brokers and wealth management consultants, individual investors and traders, IT-support and -developers, middle and back office treasury staff, private and personal bankers and people from structured and corporate finance.

For Enquiries about dates and prices, please contact Ike Phiri