Intraday Liquidity Management and Real-Time Settlement Training Course

Introduction

In today's fast-paced financial landscape, effective intraday liquidity management and seamless real-time settlement are paramount for financial institutions to maintain stability, mitigate risk, and optimize operational efficiency. The increasing volume and velocity of digital payments, coupled with evolving regulatory expectations, demand sophisticated approaches to monitor and control liquidity positions throughout the day. This specialized training course provides essential knowledge and practical tools to navigate these complexities, ensuring participants can implement robust frameworks for managing real-time financial flows.

This comprehensive program delves into the intricacies of managing liquidity in real-time gross settlement (RTGS) environments, understanding the implications of instant payment systems, and leveraging technology for enhanced oversight. Participants will gain actionable insights into forecasting intraday liquidity needs, optimizing collateral usage, and ensuring timely settlement of transactions while minimizing associated risks. By mastering these critical skills, attendees will be empowered to significantly enhance their institution's financial resilience and operational excellence in the modern payment ecosystem.

This 5-day intensive training course is designed to provide participants with a comprehensive understanding of intraday liquidity management and real-time settlement processes. It combines theoretical frameworks with practical case studies, discussions, and exercises, drawing on global best practices and regulatory trends. The course will equip attendees with the knowledge and tools necessary to effectively manage liquidity in high-volume, real-time payment environments.

Duration: 5 Days

Target Audience:

  • Treasury professionals and liquidity managers in financial institutions
  • Central bank officials involved in payment systems oversight and operations
  • Risk management professionals and compliance officers
  • Operations managers and staff in payments and settlement departments
  • IT and technology professionals supporting payment systems
  • Auditors and consultants specializing in financial market infrastructure
  • Anyone involved in the design, management, or oversight of real-time payment systems

Objectives: Upon completion of this course, participants will be able to:

  • Understand the critical importance of intraday liquidity management in modern payment systems.
  • Differentiate between various settlement mechanisms, with a focus on real-time gross settlement (RTGS).
  • Analyze the drivers of intraday liquidity needs and develop accurate forecasting methodologies.
  • Implement effective strategies for optimizing intraday liquidity usage and managing collateral.
  • Identify and mitigate risks associated with real-time settlement and liquidity shortfalls.
  • Understand the regulatory landscape for intraday liquidity and real-time payments (e.g., BCBS 248).
  • Leverage technology and data analytics for enhanced liquidity monitoring and control.
  • Contribute to the design and improvement of robust intraday liquidity frameworks within their organizations.

Course Modules:

Module 1: Foundations of Liquidity and Payment Systems

  • Definition and types of liquidity: intraday, overnight, short-term
  • Overview of payment systems: net settlement vs. gross settlement
  • Introduction to Real-Time Gross Settlement (RTGS) systems
  • The role of central banks in providing intraday liquidity
  • Evolution of payment systems: from batch processing to instant payments

Module 2: Understanding Intraday Liquidity Needs

  • Drivers of intraday liquidity demand and supply
  • Analyzing payment flows and transaction patterns
  • Impact of corporate and interbank payments on intraday positions
  • Forecasting methodologies for intraday liquidity needs
  • Challenges in predicting unpredictable payment behavior

Module 3: RTGS Systems and Real-Time Settlement Mechanisms

  • Operational mechanics of RTGS systems (e.g., TARGET2, Fedwire, CHAPS)
  • The concept of "finality of settlement" in RTGS
  • Payment queuing and optimization algorithms in RTGS
  • Contingency arrangements and business continuity in RTGS
  • Interoperability between different RTGS systems

Module 4: Managing Intraday Liquidity Risk

  • Identification of key intraday liquidity risks: gridlock, payment failures, operational disruptions
  • Measuring and monitoring intraday exposures
  • Early warning indicators for liquidity stress
  • Developing risk appetite frameworks for intraday liquidity
  • The role of stress testing in assessing intraday liquidity resilience

Module 5: Collateral Management and Optimization

  • Types of eligible collateral for central bank liquidity facilities
  • Mechanics of pledging and unpledging collateral
  • Optimizing collateral usage to minimize funding costs
  • Legal and operational aspects of collateral management
  • Cross-border collateral management issues

Module 6: Regulatory Landscape and Best Practices

  • Basel Committee on Banking Supervision (BCBS) principles for sound liquidity risk management (BCBS 248)
  • Regulatory expectations for intraday liquidity reporting and monitoring
  • Central bank policies on intraday liquidity provision and pricing
  • International best practices in intraday liquidity management
  • Role of national payment system operators in promoting liquidity efficiency

Module 7: Technology and Tools for Intraday Liquidity

  • Treasury Management Systems (TMS) capabilities for intraday liquidity
  • Real-time monitoring dashboards and analytics
  • Automation of payment processes and liquidity transfers
  • Data requirements and integration for effective liquidity management
  • Emerging technologies (e.g., DLT, AI) and their potential impact on intraday liquidity

Module 8: Case Studies and Future Trends

  • Analysis of real-world intraday liquidity incidents and lessons learned
  • Impact of instant payment systems (e.g., SEPA Instant Credit Transfer) on intraday liquidity
  • The future of intraday liquidity management in a 24/7 global economy
  • Central Bank Digital Currencies (CBDCs) and their implications
  • Building resilient and efficient real-time payment infrastructures

CERTIFICATION

  • Upon successful completion of this training, participants will be issued with Macskills Training and Development Institute Certificate

TRAINING VENUE

  • Training will be held at Macskills Training Centre. We also tailor make the training upon request at different locations across the world.

AIRPORT PICK UP AND ACCOMMODATION

  • Airport pick up and accommodation is arranged upon request

TERMS OF PAYMENT

Payment should be made to Macskills Development Institute bank account before the start of the training and receipts sent to info@macskillsdevelopment.com

 

Intraday Liquidity Management And Real-time Settlement Training Course in Austria
Dates Fees Location Action