of Credit Derivatives
Derivatives: Market Info and awareness
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Workshop on Credit Derivatives
Vinod Kothari offers workshops and training events on one of the fastest growing instruments in the financial world - credit derivatives.
Vinod Kothari is an accomplished trainer on financial subjects. Having started lecturing on leasing about 13 years ago, Vinod Kothari has gained international acclaim as a trainer on leasing and securitization. Vinod Kothari is particularly admired for (a) his excellent communication abilities, and (b) his ability to add depth to a width of issues concerning financial topics - accounting, taxation, economics, financial evaluation, etc.
Vinod Kothari is technologically uptodate: all workshops make use of latest presentation methodology.
Credit derivatives is the latest addition to Vinod Kothari's training products.
Credit derivatives training can be offered on public/private basis in any country.
The course contents can be tailored, but a normative outline of a training event that comprehensively covers the whole spectrum of credit derivatives is given below.
Credit derivatives - concept - extention of derivatives on one hand and securitization on the other - evolution of credit derivatives. Motivations for the protection buyer and protection seller.
Credit derivative contracts - default swaps, total return swaps, credit linked notes. Synthetic securitization - a new trend towards structured derivatives. Methodology of each.
Collateralized debt obligations and risk securitization - methodology. Case studies.
Investor orientation in designing credit derivatives - The investor's role in structuring CDs - What are the structuring choices? Finding the correct risk/reward mix Features that appeal to investors.
Credit derivatives and credit risk management - credit risk - the greatest challenge of our times - using credit derivatives to mitigate portfolio risks - cross border risks. Credit derivatives for balance sheet management. Case studies.
Legal issues - nature of contract - swap, option or indemnity. Insurance angle - Gaming or wagering angle. Trigger events in credit derivatives - defining a trigger event. Disclosure of credit information - Confidentiality issues.
Documentation for credit derivatives - ISDA recommendations.
Taxation issues in credit derivatives.
Accounting issues in credit derivatives - credit derivatives - a guarantee product or insurance product? FAS 133 and IAS 39. Accounting for credit linked notes.
Regulatory issues - bank regulatory guidelines of the OCC, USA, FSA, UK. Bank regulators in Germany, Hong Kong, Australia.
Pricing issues in credit derivatives - pricing total return swaps -pricing credit spreads products - pricing default risk products - benchmarking for pricing - assessing the probability of counterparty default - Credit rating issues. Credit enhancement strategies - arbitraging.
Trends in credit derivatives.
We are very very competitively priced. Please do speak for costs. The going rates for 2005 and 2006 were priced, so as to give a compensation @ USD 3000 per day of total time spent on assignment, including travel.