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The training sessions will take place in LOGIN premises
Dates to be confirmed

Objectives

  • Improve your knowledge of ACUMEN in some very practical and "hot" areas and gain day-to-day efficiency. Also meet other ACUMEN users in Paris, on a user-friendly and turnkey environment, allowing "hands-on" training sessions and fruitful exchanges.
  • Note that any training module can be replaced by an "AS YOU WISH" session, allowing you to meet a LOGIN Consultant for a customised training or a "QUESTIONS AND ANSWERS" session.

Who should attend this programme ?

  • Delegates attending "Package 1" are not assumed to have any knowledge of ACUMEN (unless very superficial). Their background can be front or back office oriented; IT people who want to improve their knowledge of the functional part of the system are also welcome.
  • Delegates attending "Package 2" are assumed to have a standard knowledge of ACUMEN as well as financial theory.

Delegates are encouraged to ask questions and expose areas of particular interest.

Cost and registration

Price: € 500 per person and day (not including travel and accommodation).

Examples of Training sessions

Package 1

This is a three day session:

  • Day 1 is dedicated to the presentation of the new developments and enhancements between the old and new Acumen release of the client.
  • Day 2 and 3 are "Hands-on" training sessions of 3 hours each, on specific modules or instruments; there can be two sessions in parallel (functional and technical orientations), that can be mixed any way.

Package 2

This is a three day session:

Basic Training

General presentation

Instruments
Modules coverage
Selection

Deal capture

Presentation of deals characteristics
Main valuation principles

Risk management

Credit risk
Market valuation and market risk
User parameters

Back office functions

Monitoring of payments
Fixings
Accrued interest calculation
Confirmations

Package 3

Advanced Risk Tools and Reporting

Benchmarking

Definition of benchmarks
Computing and saving results
Data analysis for performance measurement
Future possible extensions

Sensitivity monitoring

Cash flow valuation and sensitivity analysis
Exchange rate analysis
Hedging recommendations

Volatility management

Set up (types of matrices / DDE link / Risk Metrics volatilities and correlations)
Calculation: Flat to Forward algorithm and Volatility variation analysis

ALM tools

Interest income projection
Spread analysis
Closing gap function

IAS in ACUMEN

What does IAS cover
Main existing IAS-compliant reports
Future possible extensions

CMS and convexity

Calculation principles & comparison of different approaches
Worked Examples in ACUMEN

Complex deals

Callable bonds
Digital CMS floater Notes
Asian Index-Linked Redemption Notes
Callable and Trigger Power reverse dual currency Notes
Zero coupon callable Notes

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Last update 17.02.2010

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