Understanding Fintech (3-part online training course)

From start-ups in California, New York, London, Europe, the Middle East, Asia and Africa, entrepreneurs are applying their creativity and technical ingenuity all along the financial services value chain.

This wave of innovation promises a revolution in the production and consumption of financial services.

Aptly combining the words “financial” and “technology” the FinTech revolution promises changes that will democratize financial services.

Part 1 - FinTech Basics
Part 2 - Financial Service Functions & Innovation Clusters
Part 3 - Blockchain, Bitcoin & Other Cryptocurrencies

The FinTech revolution holds much promise. This three part course is a basic primer to understanding FinTech in all its forms and guises.

Please click on the individual Part Title for more information on each section.

This three-part course has full CPE accreditation. 

GET A 10% DISCOUNT ON THIS COURSE!
Use Coupon code CITADEL10 when registering to claim the discount.

International Trade Finance (4-part online training course)

This 4-part online training course provides a comprehensive foundation for understanding all aspects of International Trade Finance in a global context. The course covers the key principles, concepts, infrastructures, practices, issues, and current developments in this very imprtant aspect of international arrangements.




The full course is divided into four parts, which together form a complete picture of international trade, its various instruments, its operations and its financing Each part may be studied as a stand-alone unit.

This course will be of especial interest to banking, business, and import/export professionals who wish to expand their knowledge base as well as enhance their expertise and advance their careers in or gain a deeper understanding of the international trade finance arena.

The four parts are:

Part 1 - Trade Finance Instruments
Part 2 - Payment Instruments
Part 3 - International Payment Systems
Part 4 - Supply Chain Finance


Please click on the individual Part Title for more information on each part.

This four-part course has full CPE accreditation. 

GET A 10% DISCOUNT ON THIS COURSE!
Use Coupon code CITADEL10 when registering to claim the discount.  

Smart Home devices are vulnerable to remote attacks

The number of connected devices in the average home is rising very rapidly. The Internet of Things (IoT), is likely to be the norm in the next couple of years. However the IoT can also contain many vulnerabilities and security issues.

Smart home devices may be vulnerable to attacks due to outdated software, or unpatched security flaws, or weak credentials according to a new report that was recently produced by Avast. This report can be accessed HERE.

16 million different home networks worldwide have been included in Avast’s study. The report focuses on 21 countries in North and South America, Europe, and the Asia Pacific region. 56 million devices were scanned as part of the study. Two out of five (40.8%) smart homes worldwide have at least one device that is vulnerable to attacks, out of which,69.2% are vulnerable due to weak credentials. The UK Government advocates that strong security should be built into internet-connected products by design.

In October 2018, the UK government published the Code of Practice for Consumer IoT Security to support all parties involved in the development, manufacturing and retail of consumer IoT. You can access this HERE.

Aditionally, the NCSC (National Cyber Security Centre) has called for the adoption of Secure by Default which covers the long-term technical effort to ensure that the right security primitivesare built in to software and hardware. Read that HERE.

Operations Risk - Active Management & Compliance - Athens, Greece: 17 & 18 June 2019

GET THE COURSE BROCHURE!

Send e-mail to courses@citadeladvantage.com with ATHENS in the subject line.

Join us in Athens, Greece on 17 & 18 June for an intensive introduction to Operational Risk Management and Mitigation. This training course has been designed to provide a practical "hands-on" approach to participants which will furnish them with all the tools and techniques they need to begin implementing what they have learned almost as soon as they return to the office.

The underlying course philosophy is to move the participants beyond the largely theoretical international compliance requirements for operational risk, and into an understanding of the practice of operational risk management and an ability to actually implement these procedures.

As the size and complexity of financial institutions has increased, so too have the challenges of understanding and reducing operational risks down to truly manageable levels. Increased regulatory concern and scrutiny have also increased the cost of operational risk events in the shape of outright financial loss, regulatory fines

The objectives of this training course is to provide all staff, irrespective of whether they work in the front-, middle- or back-office, with a sound foundation in the theory and practice of Operational Risk Management. This training is provided in a practical "hands-on" manner that allows them to implement what they have learned easily and effectively the minute they return to the office.
, and declining customer confidence.

For full details and registrations CLICK HERE

Register before 1 May 2019 for the Early Bird Discount.

Trading Excellence: Becoming the Maestro of Trade Finance for Shipping

This is an intensive 2-day primer on International Trade Finance being held in Singapore on 26th & 27th February 2019 by M.I.C.E Global Pte Ltd.

This course has been tailored for professionals in shipping and maritime companies who need to gain a closer understanding of all aspects of the financing of international trade.

For full details CLICK HERE

This course will be of special interest to shipping and maritime professionals who wish to expand their knowledge base enhance their expertise to include a better understanding of the international trade finance arena.

Allocate your remaining 2019 Budget towards 2020 training

Working in the financial services field, the end of the calendar year can always be a bit stressful. There are a number of reasons for this, but one of the biggest is the “use it or lose it” paradigm that exists around budgets year-over-year. If you do not use the funds that have been budgeted, it is logically be assumed that you did not need them, and it will therefore not be allocated for the following year.

When this happens, one of the best ways to save your remaining budget is to allocate some of those left over funds by booking some of the next year’s training for your team before the current year-end. Whether it is a course, a conference, or something else, it is a great way to use the funds in a manner that supports the individual, the department, and the organization.

If you find yourself looking to book 2020 professional development opportunities with your 2019 budget, check out our course offerings at https://citadeladvantage.blogspot.com/p/public-course-schedule.html

If you are looking for online training check out our offerings at https://citadeladvantage.blogspot.com/2017/11/on-line-training-courses.html

Don’t forget to consider In-house training and the benefits that it brings. Get the low-down on In-house training at;

• Why training in-house makes sense - https://citadeladvantage.blogspot.com/p/in-house-training.html

• Benefits of In-house training - https://citadeladvantage.blogspot.com/p/blog-page_71.html

Managing Operational Risk – What every professional needs to know

By Stanley Epstein

"Operational risk is probably one of the most misunderstood risks in the whole of the risk spectrum.

While risks such as “credit risk”, “liquidity risk”, “market risk” are easily understood by business and other professionals, “operational risk” is a poor relation when it comes to grasping what it really means.

The starting point, of course, is to define what we mean when we speak about operational risk.

My favourite definition is that formulated by the “Basel Committee on Banking Supervision” in its “Principles for the Sound Management of Operational Risk” (BIS - June 2011).

The definition reads;

“Operational risk is defined as the risk of loss resulting from inadequate or failed internal processes, people and systems or from external events.” 

 

To read the rest of this article please visit ILLUMEO's Blog >> HERE