Banking Processes Use Case on
Bond Trading and Distribution

Speaker:


Mr Daniel Stone
Managing Partner
FRA Blackstone (FRA)

Date:		12 January 2008 (Saturday)
Venue:		Seminar Room 2.2, School of Information Systems
Programme:		9.00 am Registration
		9.30 am Seminar Introduction                •  Content and Objectives
		9.45 am Description of Debt Securities and the Primary Bond Markets                •  Debt issuers                •  Investor Rationale                •  Underwriting
		10.15 am Bonds in the Secondary Markets                •  Trading and Risk
		10.30 am Bank Revenue Models in the Fixed Income Markets
		10.45 am Coffee Break
		11.00 am After the Trade Business Processes                •  Trade Capture and Booking: Processes and Systems                              •  Enrichment and Validation                              •  Static Data                •  Position Management and Funding: Ongoing Front-office Management                •  Settlements: Custodian, Nostro, and Delivery Infrastructure                •  Accounting: General Ledger Entries, Reporting, Revaluation and Daily                    P&L
		12:00 noon Departmental Organisation and Infrastructure                •  Back-office (Operations)                •  Financial Control                •  Risk Control (Measurement, Monitoring)                •  Legal and Compliance (Documentation and Regulatory Reporting)                •  Custodians and Payment Systems
		12.30 pm Final Questions and Answers
		12.45 pm Summary and Conclusions
Registration:		Please register by 8 January 2008

A managing partner at FRA Blackstone, Daniel Stone is an L+D specialist whose topical areas encompass financial markets and traded cash and derivative instruments, investments and risk. He started his banking career in the early 1980s and held roles as a currency and interest rate derivatives salesman, structurer, and dealer, and before that, lender, and credit analyst. He entered the traded markets with First Chicago in 1988, then moved to Barclays London to run FX Options marketing , and later to Banque Indosuez Paris (now CA-Lyon) to be Global Head of Currency Derivatives Sales. He concluded his dealing-room career, trading and advising clients on the use of exotic currency options for NationsBank London (now Bank of America).

In 1997, Daniel began doing business as an independent consultant, specialising in technical L+D for bankers, which work he did for 5 years based in Spain. Clients included Standard Chartered, WestLB, Deutschebank, Volbroker (now part of ICAP), and Fenics (now GFI). In 2001 he moved to Singapore to head global training for Standard Chartered Bank where in Standard Chartered's Wholesale Bank , he provided learning solutions across a variety of product and regulatory topics encompassing thousands of seminar delegate-days, as well as extensive content delivery using web-based learning solutions. He also served as the program director for Standard Chartered Bank's annual 12-week long international graduates program, a 2-part workshop series which grew under his management from 23 to over 90 candidates each year. In late 2004, he program directed SCB's internal preparatory training for conversion to International Accounting Standards. Topical areas of focus in this time included exotic derivatives, Basel regulation, fair value accounting, private banking .

Returning to private consulting in early 2005, Daniel has brought his technical and L+D expertise to bear in three major Asian growth areas: financial markets operations, private wealth management, and risk and regulation. He has developed and delivered content in asset management and structured investments, market risk management and Basel 2. Under Daniel's direction FRA instructors have developed and delivered courses via workshop as well as web-based virtual classroom environments. Recipients of his training include Citibank, UBS, Credit Suisse, Bank Indonesia, Merrill Lynch, Lehman Brothers, Deutsche Bank, Standard Chartered, Barclays, RBS, Coutts, DBS, OCBC, ICICI, ACRAA, and Tata.

Daniel holds an MBA from the University of Michigan, a Bachelor of Science in Economics from the Wharton School, joined the Global Association of Risk Professionals (GARP) and holds GARP's Financial Risk Manager certificate. He is based in Singapore , where he lives with his wife and two sons.