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CONTENTS |
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Financial Engineering in Corporate
Finance |
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LENGTH 3
to 5 days, depending upon content and objectives SUBJECT
FOCUS/CONTENT The
central theme of this workshop is that financial engineering and
innovation are driven by a common set of factors, including tax,
accounting, regulation, incomplete or segmented markets, and other
institutional/market frictions. This workshop reviews new financial
engineering techniques used around the world that respond to these
drivers, including: · Creative use of futures, forwards, swaps, and options in combination with capital markets products in order to solve unusual client problems ·
Innovative
debt and equity structures, hybrid securities, and securities with
embedded derivatives, including tax-deductible preferred, money-market
preferred, PERCS and convertible instruments · Review of the latest developments in asset-backed securities and linkages to derivatives securities. · Structured use of credit derivatives in corporate finance applications ·
Tax,
accounting, and regulatory driven capital markets and derivatives
solutions ·
Advanced
derivatives concepts and capital markets applications –
how the funding and risk management markets are coming together ·
State-of-the
art second generation and exotic derivatives products, including compound
options, barrier options, outperformance options, extendible/cancelable
swaps, and structured caps and floors ·
Non-standard and evolving derivative products in illiquid markets;
introduction to inflation derivatives, insurance derivatives, sovereign
risk derivatives and credit derivatives ·
A
framework for analyzing and reverse engineering financial innovation
developed by the competition or in other capital markets ·
Opportunities for financial innovation
in various parts of the world: what the issuers need and what the
investors prefer. |
TARGET
AUDIENCE ·
Experienced investment bankers and relationship managers ·
Marketing officers and product managers from capital
markets, treasury, risk management, and corporate finance departments ·
Traders and other treasury personnel interested in client
applications for financial engineering products PARTICIPANT OBJECTIVES This program is intended to enhance
the analytical, structuring, and marketing skills of participants. By the end of this program, participants will be able to: ·
Review the latest financial engineering technology from
markets around the world in order to assess which ideas have potential
applications in their region ·
Apply derivative concepts and capital markets products in
creative ways to help clients reduce taxes, leverage regulations, improve
accounting treatment, and segment and arbitrage markets ·
Identify key success factors in heavily-structured
financial instruments and enhance their ability to estimate the demand for
a new product idea early in the development stage ·
Create innovative debt and equity structures, hybrid
securities, structured notes and securities with embedded derivatives to
accomplish the objectives of securities issuers and investors METHODOLOGY Lectures,
presentations, discussions, and case studies. Participants
will be asked to identify potential product opportunities in their local
marketplace, based on an accounting, tax, regulatory, or other
difficulties or impediments, in advance of attending the course, and will
be asked to make presentations during the session to develop a potential
product solution. |
