Modules

• Defining the Credit Default Swap (CDS) product in context of trading in India, Europe and US & understand how CDS can be used to hedge the credit risk arising from dealing with a counterparty
• Explore the latest developments including "Big Bang" and "Small Bang" changes which had happened in European and American context
• Understanding the difference between single name and index based CDS and Defining the process flow in case of credit event on CDS
• Brief understanding on how CDS product is priced and Various other complex products with credit default underling

Duration

2 Day Classroom

Faculty

Sanjoy Choudhury is FRM and MBA (Finance) with more than 20 years of experience in treasury and risk management functions including research, product management and valuations. He has been associated with GlobeOp Financial Services as Director - Valuations, Credence Analytics as Head - Research and ICICI Bank as Chief Manager - Risk Analytics. He has been instrumental in developing pricing, valuation and risk models for all asset classes viz., Interest Rate, Forex, Equity, Commodity and Credit including both cash and derivatives products.

Who should Attend

This program has been designed for various treasury professionals associated with banks, financial institutions, primary dealers, asset management companies and various entities engaged in management of funds to understand about the Credit Default Swap products, trading mechanism, valuations methodology and recent changes leading to overhauling in trading of such products

Modules

• Provide a brief understanding on various derivative products with interest rate, foreign currency, credit default, equity and commodity underlying
• Provide a brief understanding on approach in valuation of each category of products (e.g. future option, swap etc.)
• Qualification for hedge accounting under IAS 39 and IFRS 9 & Hedging Designations : Fair Value vs. Cash Flow Hedges
• Accounting for fair value and cash flow hedge, Impact of discontinued hedge and Firm commitment Vs. fair value hedge

Duration

2 Day Classroom

Faculty

Srinarayan Pareek is Chartered Accountant, Cost Accountant and Company Secretary with more than 20 years of experience in treasury and risk management domain. He has been associated with ICRA Management Consulting Services (a Moody's associate organization) wherein he has advised banking institutions and corporate houses in India and various countries in Middle East, South East Asia and African region on treasury and financial risk management under Basel and COSO framework. During his association with Reliance Industries Limited he has also designed various OTC derivative pricing models on fixed income and foreign exchange underlying

Who should Attend

This program has been designed for treasury, finance and accounting professionals engaged with banks, financial institutions, insurance companies, fund houses, investment banks and corporate entities to provide comprehensive knowledge on various derivative products along with concept and approaches related to its valuation and their accounting under IAS 39 and IFRS 9

Modules

• Quantitative Finance
• Quantitative techniques in Derivatives
• Valuation and Risk for Financial products of various asset classes
• Risk Modeling and Numerical Methods

Duration

2 Day Classroom

Faculty

Sanjoy Choudhury is FRM and MBA (Finance) with more than 20 years of experience in treasury and risk management functions including research, product management and valuations. He has been associated with GlobeOp Financial Services as Director - Valuations, Credence Analytics as Head - Research and ICICI Bank as Chief Manager - Risk Analytics. He has been instrumental in developing pricing, valuation and risk models for all asset classes viz., Interest Rate, Forex, Equity, Commodity and Credit including both cash and derivatives products.

Who should Attend

This program has been designed for professionals involved in Pricing, Valuation, Risk Management, Structured Finance, Corporate Finance, Project Finance, Accounts and Training from banks and other financial institutions to gain comprehensive understanding of quantitative finance, quantitative techniques in derivatives, pricing, valuation and risk for financial products of various asset classes, risk modeling and numerical methods

Modules

• Yield curve analytics – normal, spot (zero coupon) and forward yield curve & Bootstrapping of normal yield curve to derive zero rates
• Product features of interest rate futures, swaps and options and Valuation methodology for interest rate swap with excel based solutions
• Models used for valuation of interest rate options (cap, floor, collar, swaption etc.)
• Exotic / structured fixed income derivatives

Duration

2 Day Classroom

Faculty

Sanjoy Choudhury is FRM and MBA (Finance) with more than 20 years of experience in treasury and risk management functions including research, product management and valuations. He has been associated with GlobeOp Financial Services as Director - Valuations, Credence Analytics as Head - Research and ICICI Bank as Chief Manager - Risk Analytics. He has been instrumental in developing pricing, valuation and risk models for all asset classes viz., Interest Rate, Forex, Equity, Commodity and Credit including both cash and derivatives products.

Who should Attend

This program has been designed for treasury management professionals associated with banks, financial institutions, various financial services companies, primary dealers, asset management companies, brokers, fund houses and corporate entities to provide them comprehensive knowledge on various derivative products with interest rate underlying, the approach in valuation of interest rate swap products, knowledge transfer on various models used for mark to market of exotic products and risk analytics for fixed income portfolio including interest rate derivative products

Modules

• Model design, structure, testing and auditing
• Financial Analysis Models with Cash Flows and Ratios
• Risk Scenarios and Simulation Forecasting Models
• Risk Techniques, Optimization and Targeting and Management Reporting

Duration

2 Day Classroom

Faculty

Sanjoy Choudhury is FRM and MBA (Finance) with more than 20 years of experience in treasury and risk management functions including research, product management and valuations. He has been associated with GlobeOp Financial Services as Director - Valuations, Credence Analytics as Head - Research and ICICI Bank as Chief Manager - Risk Analytics. He has been instrumental in developing pricing, valuation and risk models for all asset classes viz., Interest Rate, Forex, Equity, Commodity and Credit including both cash and derivatives products.

Who should Attend

This program has been designed for professionals involved in Pricing, Valuation, Risk Management, Structured Finance, Corporate Finance, Project Finance, Accounts and Training from banks and other financial institutions to gain comprehensive understanding of risk and financial analysis model, testing and auditing a model, simulation forecasting models and techniques, optimization and targeting and management reporting