ΠΕΡΙΓΡΑΦΗ

The "Segregation of Client Funds: Automating Reconciliations with MRS" seminar is designed to educate financial professionals on the critical importance of segregating client funds to ensure regulatory compliance and effective risk management. Participants will gain insights into regulatory requirements, best practices for internal controls, and the distinctions between client and non-client funds. The course also introduces the Methodos Reconciliation System (MRS), demonstrating how automation can enhance efficiency, transparency, and accuracy in the reconciliation process. Ideal for accountants, compliance officers, and financial managers, this seminar equips attendees with the knowledge and tools to safeguard client assets effectively.

ΣΚΟΠΟΣ ΣΕΜΙΝΑΡΙΟΥ

The aim of the seminar "Segregation of Client Funds: Automatic Reconciliations with MRS" is to educate financial professionals about the importance of segregating client funds for regulatory compliance and risk management. Additionally, the seminar aims to demonstrate how Methodos Reconciliation Systems (MRS) can automate the reconciliation process, thereby enhancing efficiency, transparency, and accuracy in handling client funds.

Course Objective

By the end of this course, participants will be in position to:

Knowledge Level:

• Describe the regulatory requirements and obligations associated with segregating client funds in financial operations.
• Distinguish between Client and non-client funds.
• Summarize best practices for establishing robust internal controls and procedures to ensure proper segregation of client funds .
• Explain the definition and use of TTCA and Buffer amounts.
• Explore the role of technology, specifically Methodos Reconciliation Systems (MRS), in automating the reconciliation process.
• Identify important parts of legislation framework.
• Evaluate the risks and consequences of non-compliance with client fund segregation requirements.

Skills Level:

• Develop practical insights into the functionalities and features of MRS for efficient and accurate fund reconciliation.
• Demonstrate how MRS can streamline processes, reduce manual errors, and enhance operational efficiency in reconciling client funds.
• Utilize data mapping techniques and reconciliation workflows to ensure accurate fund reconciliation.
• Acquire practical skills in identifying and addressing risks associated with client fund segregation
• Obtain technical skills in implementing and configuring MRS for automatic reconciliations.

Attitudes Level:

• Cultivate a proactive attitude towards risk management and compliance in handling client funds.
• Εmbrace continuous learning and improvement in the field of client fund segregation and reconciliation.
• Adopt a proactive approach of Modern Reconciliation Systems (MRS) and their role in automating reconciliation processes.

ΣΕ ΠΟΙΟΥΣ ΑΠΕΥΘΥΝΕΤΑΙ

Accountants, Financial Advisors, Compliance Officers, CEOs and CFOs of Companies Handling Client Fund, Regulatory Compliance Officers, Auditors, Individuals or Entities Interested in Learning About Fund Safeguarding, Individuals working on client funds reconciliations, Individuals interested in working in the financial service (FOREX) industry in the position of a reconciliation officer.

ΠΕΡΙΣΣΟΤΕΡΕΣ ΠΛΗΡΟΦΟΡΙΕΣ

Course Topics

• Introduction to seminar
• Basic Terminology
• Regulatory Requirements
• Reconciliation of Client Funds
• Automation of Reconciliations with MRS (Methodos Reconciliation System)

Training method

Our instructor conducts the seminar live on Zoom, offering an interactive virtual training experience that includes real-time collaboration, hands-on activities, dynamic presentations, and practical demonstrations.