Payments and Settlements Systems - RTGS, SWIFT, LVTS, CLS

Duration: 75 Minutes
This training program will focus on the entire payments and settlements process for real-time wholesale payment systems originating and receiving transactions in the US: beginning with the making of a payment and ending with the payment being received by the beneficiary and settled in a manner that makes it final and irrevocable. In it, we will explore relevant uses cases for each of these systems as well as contrast and compare their processes, risks and future trends.
Payments and Settlements Systems
Instructor: Patricia Hewitt
Product ID: 507704
Objectives of the Presentation
  • Gain a working knowledge of the operations and main protocols for each of the covered payment systems
  • Define the transaction settlement and confirmation process
  • Identify where these payment systems align and where they are different
  • Explore representative use cases for each payment system
  • Define risk and liability issues inherent in each system
  • Where applicable, review emerging competitive systems
  • Review regulatory agencies that oversee these systems
Why Should you Attend
This webinar will explore wholesale payment protocols as well as their transfer methodology from payer to receiver, depending on the parties' physical location and their requirements, as well as the settlement that occurs between the intermediaries handling the payment so as to ensure that the transaction cannot be legally challenged. In this session, participants will learn about how these payment types support various uses cases as well as the impact of emerging technologies on this segment of the payments market.

Areas Covered
  • Wholesale Payment systems
  • Real Time Gross Settlement (RTGS)
  • Large Value Transfer Systems (LVTS)
  • Deferred net settlement
  • Continued Linked Settlement (CLS)
  • SWIFT financial messaging
  • Correspondent banking
Who will Benefit
  • Staff from Commercial Banks
  • Staff from Investment Banks
  • Foreign exchange dealers and brokerage companies
  • Import/Export Brokers and Agents
  • Stock Transfer Secretaries
  • Money Managers
  • Commodity Trading Advisors
  • Pension and Hedge Funds
  • Bank/Financial Institution Managers
  • Branch Managers
  • Broker/Dealer Management
  • Compliance Managers
  • Compliance Analyst/Investigators
  • Risk Managers
  • Accountants
  • Due diligence departments or individuals
  • Finance officers and intermediaries
  • Operations and business staff at all levels involved in any aspect of payments (both domestic and foreign)
$300
Recorded Session for one participant
Get life time access with download option!
Book this course
Pay Now
  $450.00 Training CD
Free shipment within 4 Working Days of placing the order. Get life time access for unlimited participants.
  $550.00 Flash Drive
Free shipment within 4 Working Days of placing the order. Get life time access for unlimited participants.
For multiple location please contact our customer care team +1-510-857-5896.
Do you want to Host
this webinar at your Organization!
Call us at +1-510-857-5896
Email us at webinar@onlinecompliancepanel.com
Minimum 10 attendees
How it works
Live Session - How it works
  • Login to onlinecompliancepanel with your registered username and password https://www.onlinecompliancepanel.com/login
  • The webinar joining link, username and password for joining the webinar will be updated on your OCP Account 24 hours prior to the webinar
  • Presentation handouts in Downloadable PDF format will be updated on your OCP Account 24 hours prior to the live session
  • Login to the audio conference on the scheduled date and time
  • Get answers to your queries through interactive Q&A sessions via chat at the end of the session
  • Download the Certificate of Attendance and Purchase Invoice from your OCP Account 24 hours after the completion of the session
  • Please let us know your thoughts and views at the end of the webinar, your valuable feedback will help us improve
Recorded Session - How it works
  • Login to onlinecompliancepanel with your registered username and password https://www.onlinecompliancepanel.com/login
  • Upon purchase of the recorded session a link will be updated on your OCP Account within 24 hours
  • Please click on the link to access the Recorded Session
  • Presentation handouts in downloadable PDF format will be updated on your OCP Account within 24 hours of the purchase of the product
  • Download the Certificate of Attendance and Purchase Invoice from your OCP Account after 48 hours of the product Purchase
  • Please share your valuable Feedback at the end of the session
Instructor Profile:
Patricia (Patti) Hewitt is the CEO of PG Research & Advisory Services and a widely recognized expert and strategic advisor to the financial services industry. She has worked extensively with companies and organizations across the market spectrum, from global card networks to emerging technology entrepreneurs providing strategic advice and subject matter expertise relating to financial services market dynamics, business model change management, and identifying inflection points within the industry's value chain.

Her proven ability to put change into context, allows her to provide expert services in the areas of market transformation, change management, competitive positioning and rationalizing new products, services and technologies into strategic go-to-market plans.

Her professional background includes holding executive positions at SunTrust Bank (formerly Sun Bank), PaySys International (owned by First Data) and Fiserv. Most recently, Patti was Vice President and Managing Director of Consulting Services for Mercator Advisory Group where she was responsible for all custom research and global consulting work for the firm.
View More