Back-Office: Processing Structured Derivatives in Russia

Dec. 10, 2010 - PRLog -- The Russian legal framework for derivatives has made some considerable progress in the last three years. The development of Standard Documentation for Forward Contracts, the Russian analogue of ISDA® master agreement, has encouraged market participants to start booking OTC derivatives on the Russian local (on-shore) market.  The Russian government is keen on taking further initiatives to consolidate all derivatives regulation.

Back-office of financial institutions in Russia is facing significant operational challenges trying to keep up with the dynamic market development and changes in regulatory framework. The lack of product knowledge and absence of fully integrated IT platforms allowing STP makes derivatives processing and reporting ever more complicated and operationally risky.

Speed and ability to adapt to changing market conditions and effectively set up new products have always been the significant challenges for back office operations, and these take centre stage when the derivatives market is booming. Despite the recent temporary slowdown in the economy, financial engineering moves ahead and brings new structured products on the market and the expectation on the back office to adapt their operations is paramount.

C5’s “Back-Office: Processing Structured Derivatives in Russia”is a unique conference, which is designed especially for back office professionals processing derivatives transactions and structured products. The conference will provide them with in depth guidance on aspects of derivatives regulations and reporting, as well as case studies, discussions and valuable insights from both regulators and market players.

Topics will include:

   * How to classify financial instruments for reporting
   * How to adapt your back-office operations to new structured products
   * The main trends in the local (on-shore) structured derivatives market
   * Setting up new structured product: being flexible and effective
   * Task sharing in processing structured derivatives transactions: back-office, front-office, middle-office and accountancy
   * Navigation through Standard Documentation for Forward Contacts: negotiating of terms of an individual transaction and assessment of own risk
   * Collateral management: using infrastructure solutions for financial markets in order to achieve operational efficiency
   * To what extend the transaction’s documents influence its taxation?
   * Derivatives processing platforms as an effective tool of reducing operation risk

3 EASY WAYS TO REGISTER:
1. PHONE our registration hotline on +44 (0)20 7878 6888
2. FAX your details directly to +44 (0) 20 7878 6885
3. EMAIL your details directly to registrations@c5-online.com




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