elearning > Trade capture

  

Learn about the following:

Why capturing trade information on a timely basis is important. How front office errors occur. Their unintended consequences. How errors that lead to trade re-booking can be reduced. The importance of enrichment. Why static data should be clean and verified.

Register for free or login to view the full publication

Course Summary

• 30 minutes
• 6 question multiple choice test
• Why capturing trade information on a timely basis is important
• How front office errors occur
• Their unintended consequences
• How errors that lead to trade re-booking can be reduced
• The importance of enrichment
• Why static data should be clean and verified

Trade capture - the details

1. Trade capture and timing

• Why timeliness is so important
• Rule 1: Trades need to be reported without delay
• How late reporting can affect reporting risk, example
• Affect on credit and market risk

2. Front office errors

• Rule 2: Trade details should include relevant data and be accurate
• Settlement problems caused by inaccurate trade data, example
• Accounting problems caused by inaccurate trade data, example

3. Rebooking trades

• Rule 3: Re-booking should be kept to a minimum
• Rebooking as a source of error
• Application of key performance indicators

4. Enrichment

• Rule 4: Static data should be clean and valid
• What static data is and what it is used for
• What happens if static data is set up incorrectly
• Affect on market risk measures, example
• Affect on customers, example
• Importance of restricted access to data

5. Summary

6. Test