Fundamentals of Global Operations Management, 2nd Edition provides an overview of the fundamentals of the operations functions and is suitable for people working in any organization in the financial markets. Key issues affecting the industry are covered, such as operational risk management, traditional and new market environments, mergers and alliances, and integration across clearing and settlement. It also looks at how globalisation is presenting new challenges in operations and the new regulatory environment. David Loader takes the reader through the many issues that are important in a management or supervisory role in a practical rather than theoretical way. The new edition features updated regulations and examples.Preface.
About the author.
1 OPERATIONS MANAGEMENT.
2 MARKETS.
Equity securities.
Debt securities.
Derivative markets.
Foreign exchange and money markets.
Retail and other products.
Other products.
Market and product knowledge.
Market structure and membership.
Products traded.
Structure and characteristics of the products.
Clearing mechanisms, membership and the clearing house role.
Structure of securities clearing and settlement conventions.
Regulation, accounting and tax issues.
Policy, procedures and controls.
3 BANKING, BROKING AND INSTITUTIONAL CLIENTS.
What are the issues for the operations managers in these scenarios?
4 CONCEPTS OF RISK.
Settlement risk.
System risk.
Counterparty and agent risk.
Personnel risk.&ll³$