Securities Operations

As the securities industry becomes increasingly automated, understanding of the start to end operational processes and the underlying reasons as to why the tasks are performed is likely to diminish. Yet, knowledge of the bigger picture is essential for implementing efficiencies and benefits. In this book, Michael Simmons clarifies the operational process from start to finish, highlighting appropriate risk management strategies.

The book:
Introduces the reasons for the existence of securities and describes the roles of the various participants within the industry
Develops the reader s knowledge of the trade lifecycle and other operational activities in a logical sequence
Describes real life events to illustrate topics
Conveys both the risks inherent in the various activities and the necessary controls to minimise such risks
Provides descriptions of typical automation in today s operational processing environment
Describes securities industry objectives and the initiatives being developed to achieve them.