John Piccitto Consulting Ltd. produces and presents training modules that illuminate a variety of topics in the field of equity finance. The length and level of detail of a specific presentation can be tailored to suit the needs of management who require information on which to base decisions or to meet the needs of new staff who require a general overview of their department's activities and a very specific treatment of their own job.
Using Power Point presentations and enhancements (slides, print-outs, etc.) John Piccitto gives on-site talks and answers questions. His extensive experience in the field of international equity finance and his skill at explaining complex subjects in an authoritative and accessible way are available to an industry-wide audience. To find out more, email john@piccitto.com or phone +44 (0) 137 221 0915.
John Piccitto covers the basics of Securities Lending for an audience at a Stockholm IMN conference, October, 2005 Photo courtesy of IMN
Topics immediately available include:
Securities Lending: An Executive Summary Managers who are not yet familiar with securities lending are the target of this one-hour presentation, which outlines the operation, risks and rewards of a securities lending program.
Securities Lending: The Basics This thirteen-point presentation explains the operations of a securities lending program. Over the course of approximately three hours, the module gives a detailed understanding of the day-to-day function of a securities lending desk. A two-hour simulation module A Day on a Trading Desk can be added to this presentation.
Routes to Market This two-hour presentation is addressed to potential lenders who wish to choose among several ways of making pools of securities available to borrowers.
Exclusive v. Agency Lending The precise nature and relative merits (and downsides) of both exclusive and agency lending are discussed in this presentation, which typically extends to three hours when questions are included. Executives who must select among various kinds of lending programs will learn about the alternatives from John Piccitto, who has experience in every sort of lending program available on the market today.
Documentation The legal side of the business is outlined in this one-hour presentation: which contract to choose for which business and which sticking points to watch out for. Indemnification and corporate governance matters are examined particularly. This technical training module is directed toward non-legal staff who will deal with contracts on a daily basis.
Corporate Actions This brief, technical discussion stresses the importance of knowing the counter party when navigating through problems of corporate governance. New staff in a securities lending program will benefit particularly from this one-hour presentation.
Collateral Management This succinct discussion of the subject of collateral management focuses on in-house v. external (both custodian and third party) collateral management arrangements. A one-hour presentation, the module is intended to help management determine which of several methods of collateral management to choose to avoid risks and maximize profits.
Money Laundering On March 2004, the new European anti-money laundering regulations were incorporated into UK law. For the past decade, detecting and preventing money laundering has been an increasingly important task in the financial industry and in other businesses as well. John Piccitto first developed a program to deal with money laundering prevention for a major international equity finance department before 9/11, before the FAFT regulations were mooted, when the "Patriot Act" was still in separate bills in the US Senate and House committees. Ever since then, he has followed the evolution of anti-money-laundering law with keen, well informed interest.
Our training module on the detection and prevention of money laundering covers the application of the Know-Your-Customer rule and outlines a current, detailed program for documenting, monitoring, auditing programs and training in-house staff.
