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Wednesday, 7 April 2010

Citadel Advantage & IASeminars partner to offer a week-long joint program in London in June

Citadel Advantage, a global banking solutions provider specializing in payment systems, operational risk management, business continuity planning, and liquidity management, has partnered with IASeminars Ltd, an international leader in International Financial Reporting Standards (IFRS) training and education solutions to offer a week-long joint program in London: Banking Transformation 2010 – IFRS and Process Improvement.


This program on Banking Transformation is comprised of two distinct modules which can be attended separately, though together they are designed to address the challenges facing banking and other financial institutions in the year ahead. Places for this unique event are limited, and advance booking is required.


“Process Improvement and Managing Change in a Banking Environment” will be led by Citadel Advantage industry experts who are experienced in addressing business continuity, compliance, payments, risk, and host of other issues which are faced by banking professionals on a daily basis.

The June 21-22 program is an intensive course on business processes, what they are and how they can be improved. The program also deals with managing the effects that changes to business processes bring about, and gives insights into how to use a specific business process improvement methodology to create successful results.

"Process Improvement is extremely critical for financial institutions, but can only succeed if understood and managed correctly" said Richard Barr, Citadel Advantage Principal Associate. "We are excited to be cooperating with IASeminars in our first offering of a combined training event which truly tackles the needs that financial institutions face and provides invaluable knowledge that all management need in today’s demanding market"


“IFRS for Banks and Other Financial Institutions” will be led by international experts from the IASeminars IFRS banking faculty who have benefited from banking regulatory and international IFRS implementation experience.

The June 23-35 program is interactive, hands-on, and makes use of case studies, exercises, and model financial statements to explore the effects that the current and likely future IFRS requirements will have on the financial statements of banks and other financial institutions.

"Adopting and complying with IFRS is a key organisational change affecting financial institutions around the world," said Marc Gardiner, IASeminars Managing Director. "We are delighted to be collaborating with Citadel Advantage to offer a combined training event which addresses the issue of banking transformation and also provides the necessary skills for finance executives to thrive and grow in this challenging environment."

This new collaboration with Citadel Advantage expands IASeminars offerings to over 100 international accounting courses available in some 50 cities around the world on topics including:

  • IFRS Basics
  • IFRS Transition and Implementation
  • IFRS vs. U.S. GAAP Differences
  • IFRS for SME's
  • IFRS for Financial Instruments, Derivatives and Hedging

By cooperating with IASeminars, Citadel Advantage also increases the range of its services. Citadel Advantage offers a comprehensive array of professional training courses for commercial and central banks in the areas of; Operational Risk Management (for Basel II and for back-office risk mitigation), Specific Operational Risk Management areas (including Business Continuity Planning, Anti Money Laundering & Payment Systems), and Liquidity Management.

About Citadel Advantage

Citadel Advantage (http://www.citadeladvantage.com/) provides back office system specialist services, specifically covering operations risk mitigation, fraud prevention, payments, and liquidity & treasury systems. The company provides services relating to the design, functionality, risk mitigation, training and operation (including payment flow control and liquidity management) of Payment Systems and associated Back Office operations activities.

About IASeminars

IASeminars (http://www.iaseminars.com/) has established itself over 10 years as one of the world's leading independent providers of international accounting seminars. With offices in London and Washington, D.C., it offers several hundred public courses each year on six continents. IASeminars events attract thousands of senior delegates from around the world, who are taught by an international faculty of expert instructors.