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FNC 1203 FINANCIAL INFORMATION SYSTEM 3 CREDIT HOURS

COURSE OBJECTIVE

The module provides instruction in the impact and use of information technology in the
financial services sector, including exposure to and experience with different kinds of financial
services software applications.

EXPECTED LEARNING OUTCOME

Upon successful completion of the module, students will understand information technology’s
impact on banking and markets; have knowledge of the leading-edge applications of
information technology in financial services firms; understand financial automation and how
industry continues to be altered by telecommunications and information systems; be able to
implement computer-based financial analysis and apply financial models to solve problems;
understand how to use financial decision support software; have knowledge of specific classes
of financial information systems such as electronic communication networks (ECNs) and
multilateral auction systems, trader workstations, fund transfer networks and back office
systems; and be able to apply the knowledge and understanding they have gained in real-world
financial service contexts.

COURSE CONTENT

Introduction and Overview of Course Topics


Information Systems in the Financial Services Industry

Financial Software and Analytic Tools


Derivatives Analysis Software
Position Analysis and Hedge Construction
Options Markets
Currency Markets: Cash and Derivatives

Banking and Payment Processing Systems


Financial Transactions Processing Systems (TPS)
Advances in Payments and Transactions Technology
Competition in Payments Networks
Secure Payments and Electronic Money
Regulation of Payments and Digital Cash
Information Technology in the Financial Markets
Markets, Trading and Information Technology's role
Information Technology in Primary and Secondary Markets
Human Computer Interfaces: Black Box and Algorithmic Trading
Standards and Protocols for Financial Messaging
Effects of Electronic Markets on Exchanges and Traders

Financial Markets Infrastructure: Front-Office and Back-Office Systems


Trading Room Operations: Matching, Confirmations, Margining
After the Trade: Clearance and Settlement Systems
Control of Trading and Finance Activities
Disintermediation in Primary Markets and Trading/Secondary Markets

MODE OF DELIVERY

Informal lectures, plenary discussions, case studies, individual or group research and
presentations.

INSTRUCTIONAL MATERIALS/EQUIPMENT

Whiteboard, Text books, Research papers, Overhead projectors, and handouts.

COURSE ASSESSMENT

Course work - Continuous Assessment Tests (CATs) 50%


Final examination 50%
Total 100%

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