About the Unique Financial Instruments 3-Part Bootcamp
Every financial professional needs to understand the definitions, roles, risks and opportunities associated with unique financial instruments, terms and concepts that impact the industry every day. These instruments have contributed to both the growth and challenges in global economies over recent years.
Derivatives, Interest Rate Swaps and indices like LIBOR are all concepts that professionals in banks, credit unions, investment firms, as well as consulting firms should understand well. This critical bank webinar series will cover these instruments in detail to give attendees the functional knowledge to interpret and explain all of them.
If you are interested in saving $$ and registering for the full 3-part series ($549), rather than just a single session.
Part 1 - Derivative Products and Their Usage
Part 2 - Interest Rate Swaps - A Primer
Part 3 - The LIBOR Story
Click on this link to get redirected to the 3-part webinar Bootcamp and buy all 3 for just $549!
Unique Financial Instruments 201: Interest Rate Swaps - A Primer
Not too long ago, many financial institutions would say “we don’t use derivatives, including interest rate swaps. We are too small, or we don’t have the expertise to get involved with derivatives.” Today one would say, “if you don’t use derivatives, why not?” It’s like saying, “we never had a fire so let’s cancel the fire insurance policy. That would be silly. The insurance protects against loss from fire. The derivatives protect against losses created by interest rate risk.
Today, stakeholders believe management is using all available tools to protect against losses caused by interest rate risk. Today the tools include derivatives and they are readily available for usage. “We don’t have the expertise” is no longer an excuse.
This 90-minute banking webinar provides an overview of the various derivative products used to prevent against losses such as large unanticipated interest-rate movements – upward or downward. The various derivatives are designed to protect depository institutions. Attendees will see that we cannot control interest rates, but we can protect against interest rate risk by identifying, monitoring and controlling interest sensitive assets and interest sensitive liabilities. We can change the maturities for such assets and liabilities to a large extent by careful use of derivatives.
The derivative products explained in detail in this webinar include the following:
- Interest Rate Swaps
- Futures
- Forwards
- Forward Rate Agreements
- Options
- Caps
- Flours
- Collars
The major focus of this financial webinar, of course, is on interest rate swaps. Attendees will take away a knowledge of derivatives, especially Swaps and how they can be used to reduce interest rate risk.