barbicanconsulting.co.uk

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Definitions (129)

1

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1. taking risk


Like it or not, invariably dealers take risk. They expose your business to gains and losses resulting from changes in prices. This is called market risk. Over a period of time in order to be successfu [..]
Source: barbicanconsulting.co.uk

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3. transfer pricing


Every treasury will have internal customers. They are the parts of the business that must come to treasury to borrow and lend money, deal in foreign exchange or manage risk. Internal departments are n [..]
Source: barbicanconsulting.co.uk

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4. arbitrage


This means buying something in one market and selling it in another for a risk free profit. In today's markets this rarely exists. But sometimes dealers can exploit pricing anomalies that just sh [..]
Source: barbicanconsulting.co.uk

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sales people


In larger treasuries sales people are responsible for the client interface. They talk with clients; their responsibility is to encourage the customer to execute trades with the bank. They are very use [..]
Source: barbicanconsulting.co.uk

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risk managers


Risk managers are responsible for suggesting the appropriate risk limits to Senior Management. Risk managers build and/or use quantitative risk models to evaluate the amount of risk that is being run [..]
Source: barbicanconsulting.co.uk

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operations


Operations staff are involved in the confirmation, settlement and payment process that takes place after a trade has been completed by a dealer.
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senior management


Senior management set the budgets and objectives of the Treasury. They usually meet by committee on a weekly basis. This committee is called the Asset Liability Committee, (ALCO). ALCO will discuss im [..]
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finance & accounting


The finance and accounting areas record and report the profits made by the Treasury. This may also include the provision of regulatory reports. Over the past few years the responsibilities of this dep [..]
Source: barbicanconsulting.co.uk

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internal audit


Internal audit has the responsibility of reviewing and appraising the policies, systems and controls that surround the business units. It should provide senior management with comfort that the control [..]
Source: barbicanconsulting.co.uk

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information systems & technology


This is an area of special relevance to treasury; all trading functions are reliant on data capture, processing and transmission. It is common to find that systems provide major problems these include [..]
Source: barbicanconsulting.co.uk


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