Blockchain Technology - Redcliffe Training...Blockchain is highly secure version of Distributed...
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The Banking and Corporate Finance Training Specialist Blockchain Technology A guide for the non IT specialist This course can also be presented in-house for your company or via live on-line webinar
Transcript of Blockchain Technology - Redcliffe Training...Blockchain is highly secure version of Distributed...
The Banking and Corporate Finance Training Specialist
Blockchain Technology
A guide for the non IT specialist
This course can also be presented in-house for your company
or via live on-line webinar
http://redcliffetraining.com [email protected]
+44 (0)20 7387 4484
Course Overview
Participants will: Be introduced to the existing payments and money transmission processes
Get an overview of the role of financial institutions in the economy and ther role of clearing banks
Have explained to them the existing financial crime prevention practices and effectiveness of KYC Policies
Gain an understanding of the crypto-currencies including a detailed description of
Bitcoin and Blockchain Get to grips with blockchain & DLT and the regulation
Be introduced to how might blockchain and DLT change money transmission and FCC processes
Your course director has spent more than 40 years in the banking and financial sector, much of it in a senior managerial/Director role. He is a former Institute of Banking
Lecturer, having gained distinctions in the exams.
He is a subject matter aspect on all aspects of retail, corporate and global banking, including risk management and regulatory compliance. He has lectured extensively to both leading global financial institutions and to smaller bespoke specialists. He has
delivered extensive programmes in all parts of the world including the USA, Europe, MENA, Africa and Hong Kong.
He is currently an accredited Master Trainer for Risk and FCC training at the world’s biggest global bank.
Session 1- Setting the Scene – Existing Payments and Money Transmission Processes:
The role of financial institutions in the economy The existing payment system
The existing clearing system The role of clearing banks The role of regulators
Clearing cycles Netting Off arrangements
Processing – the front, middle and back office roles Straight through processing The strengths and weaknesses of the present system
Case Study – an example of the existing systems
Session 2 - Setting the Scene – Existing Financial Crime Prevention Practices
and Effectiveness of KYC Policies CDD, KYC & IDV procedures
Sanctions & PEPS Managing Methods of Money Laundering Legitimate but Potentially high risk Structures
The strengths and weaknesses of the present system
Course Objectives
Course Content
Background of the trainer
http://redcliffetraining.com [email protected]
+44 (0)20 7387 4484
Case Study – an example of the existing process
Session 3- Crypto-currencies
A brief history Bitcoin and Blockchain a detailed description
How do they work? What platforms are used? Who regulates them?
Session 4 - Blockchain & DLT
Distributed Ledger Technology Blockchain Technology
Cryptography Building a Blockchain Using a Blockchain
Uses/Effects/Advantages in different sectors -private/ Govt /Para-statal Bodies Best Practices Worldwide
Case Study – examples of existing DLT users
Session 5 -Regulation of Blockchain and DLT Who regulates?
Bitlicense IT governance Public versus private ledgers
The strengths and weaknesses of regulation
Session 6- How might Blockchain and DLT Change Money Transmission? The claims
The possibilities The threats and weaknesses
What is likely to happen in practice? Case Study – examples of what changes are possible
Session 7- How might Blockchain and DLT Change FCC processes?
The claims The possibilities The threats and weaknesses
What is likely to happen in practice? Case Study – examples of what changes are possible
Session 8 - Putting It All Together
What has happened so far? Why has it not been implemented en-masse yet?
What will the next stage be? What should financial institutions be doing now? The future?
END
Background Blockchain is highly secure version of Distributed Ledger Technology (DLT) and it is
claimed by some very high profile supporters that it has the capacity to revolutionise the way financial institutions manage both payments and their FCC obligations. Its supporters talk in terms of “world changing” possibilities whereas its critics are unconvinced that
“secure” is really possible in the light of the numerous cyber breaches that have taken place recently. Is Blockchain the answer?
http://redcliffetraining.com [email protected]
+44 (0)20 7387 4484
Background Blockchain is highly secure version of Distributed Ledger Technology (DLT) and it is claimed by some very high profile supporters that it has the capacity to revolutionise the
way financial institutions manage both payments and their FCC obligations. Its supporters talk in terms of “world changing” possibilities whereas its critics are unconvinced that
“secure” is really possible in the light of the numerous cyber breaches that have taken place recently. Is Blockchain the answer?
This interactive course describes both Blockchain and DLT in language that the non-IT specialist can understand. It covers the topics in detail and offers a balanced and
measured description of the possibilities on offer.
Who Should Attend: Colleagues from both financial and non-financial industries seeking to understand the
subject in greater detail and wanting to be able to debate with either enthusiastic or cynical colleagues the merits of this “new frontier” technology.
What Redcliffe’s clients are saying about this course
“Very nice and professional trainer”
“Basic understanding of blockhain”
“Clear entertaining speaker, very good communication”
“Good topic overview”
“The trainer delivery is excellent and his knowledge of the course was
excellent”
Course Summary
http://redcliffetraining.com [email protected]
+44 (0)20 7387 4484
In-House Training
Delivering this course in-house for a number of participants could be very cost effective.
The venue and timing can be agreed to suit the client, as well as the selection of the trainer and the
precise contents of the seminar.
Tailored Learning
All of our training courses can be tailored to suit your company’s exact training needs.
We will work closely with you to help develop a training programme with content that is unique for your organisation.
Please email us on [email protected] for more information
E-Learning This course can also be presented as a bespoke e-learning programme created by you to fit your exact
requirements.
