A practical guide to Treasury Back Office (Operations) for industry
professionals and ACI (The Financial markets Association) Operations
Certificate New Version (January 2022 syllabus) candidates. The ACI
Operations Certificate New Version syllabus has been designed to cover
the basic competence skills for new entrants in roles of Back and Middle
Office environments, as a well-trained and efficiently organised
Treasury Operations Department is essential to complete every financial
markets transaction. This Department provides a vital service to the
Front Office by ensuring that all funds flow in a timely and correct
manner and that all necessary documentation is completed. Taking into
consideration the wider job function of staff in the Treasury Operations
Department, the Syllabus has been built to provide a benchmark for
competency in all aspects of the operations and settlement processes. It
aims to test candidates' knowledge of the underlying instruments
involved in the international financial markets, the processes for
efficient settlements and related basic financial calculations.
Candidates should also be able to demonstrate appreciation of the scope,
importance and the role of the Treasury Operations Department,
particularly in ensuring an autonomous and independent service to the
Front Office. The ACI qualification and therefore this book, is designed
for: recent entrants (0-24 months) to the Treasury Operations department
(Back Office) and Support staff in other areas providing a service to
the Treasury/Dealing Room, financial institution and corporate treasury
personnel, Middle office and operations personnel, Compliance and risk
officers, Internal and external auditors, Product control staff and
Vendors.
