Course Name: T24 Forward Rate Agreement

Duration: 1 day

Objectives:

Upon completing the course, the delegates will

– Understand importance of FRA application

– Gain exposure to linkages with other T24 areas

– Learn how to set up Parameter tables connected with FRA

application

– Have hands on experience on major business features concerning

FRA application

Course Schedule:

Day Session Topic

1 Forenoon Over view, Linkages

Parameter Tables for Implementation
Afternoon Business features

Detailed Course content:

1. FRA Overview

2. FRA concept

3. Linkages with Core – Customer, Account, Limit, Accounting, Delivery

4. Linkages – Category code, Interest, Charges, Settlement, Currency, and

Currency related tables, Interest day basis
5. Parameter tables for Implementation – FRA.PARAMETER (including FRA
Revaluation), FRA.AGREEMENT.TYPE, FX.DEAL.METHOD, ACCOUNT.CLASS and
FX.TEXT

6. Business Features – Products handled, FRA Deals, FRA Business features -

Trade, Hedge, Buying, Selling, Rate fixing, Group Rate fixing

7. Other Tables, Standard Reports

8. Number of workshops covering all the major aspects of FRA: 8

Prerequisite of Trainees:

Should be comfortable in navigation in T24. Have underlying banking business

knowledge