Our Training

Finance Training Courses

Program & How it works

Invivoo invites you to follow the 2016/2017 edition of its training course in Finance!

The courses will be taught by a team of trainers from Invivoo and external speakers, experts in their fields, which allows you to benefit from professional and thorough training.

The 2016/2017 program of this training comprises 10 thematic seminars for a total of 29 meetings.

Introduction to financial Markets

The seminar starts with a presentation of the structure and general organization of financial markets, with a special focus on the functioning of a trading floor.

It continues with a description of key stakeholders, the different types of markets and financial instruments that trade on it. Using concrete examples helps understand the different concepts covered.

This seminar is especially recommended for those who do not have a background in market finance.

Equity Derivatives

The seminar presents the operating mechanisms of equity derivative products.

The first session is devoted to reminders about the origination of equity products, construction indices and equities securities valuation methods.

The seminar continues with a description of equity/index derivatives, firm or optional. Particular attention is paid to basic option strategies for investment or hedging purposes.

The seminar is particularly recommended for those who want to further their knowledge of equities and index markets.

Interest Rate Derivatives
The objective of the seminar is to present the main interest rate derivatives traded on the markets.

The seminar starts with a presentation of the structure and organization of the money market.

It continues with a description of the operating mechanisms of firm derivatives: FRA, futures on short rates, long futures rate swaps.

The last session is devoted to an introduction to the most typical optional derivatives.

The seminar is particularly recommended to those who want to further their knowledge of interest rate products.

Foreign Exchange Derivatives

This seminar introduces foreign exchange derivatives, beginning with an overview of foreign exchange markets.

The seminar then continues with a description of forward exchange products: forward / future exchange, currency swaps.

The last part of the seminar deals with the most typical currency options.

Practical examples are detailed, so that the audience can understand how to use derivatives to hedge foreign currency exposure.

The seminar is particularly recommended to those who want to further their knowledge of currency derivatives.

Credit Derivatives

The objective of this seminar is to present the environment of credit markets and to explain the operating mechanisms of the products that trade on them.

The seminar begins with a presentation on the credit events that caused the sub-prime crisis of 2007/2008. It continues with the presentation of standard credit derivatives, with a special emphasis on the CDS. The last session of the seminar is dedicated to indices and structured credit products.

The seminar will interest all those who want to understand this new asset class.

Commodities Derivatives

For this specific asset class, the seminar will start by taking you on an empirical exploration of the construction of basic financial instruments on commodities.

The seminar will explore the relationship between physical and financial commodity markets.

The seminar is then devoted to the description of the operating mechanisms of the main commodities products and markets : energy, metals, agriculture, freight.

Concrete cases are regularly used to facilitate the assimilation of specific practices related to these markets.

This seminar will interest all those who want to discover and understand the uniqueness and attractiveness of the commodity derivatives market.

Pricing Derivatives

This seminar introduces the techniques used for pricing derivative instruments, and for calculating indicators to hedge these products.

After a presentation of the basic mathematical tools used for pricing derivative instrument, the seminar devotes itself first to the pricing of firm forward instruments, and then to the pricing of optional instruments within the usual Black & Scholes framework.

This seminar will interest all those who want to understand the methodology used for pricing derivative products.

Management of Market Risks

The objective of the seminar is to present the various market risk levels and the indicators that are used for their quantification.

The seminar begins by discussing the first level of risk, characterized by the front office risk, managed by the trading desks.

After this, the seminar will discuss more aggregated risks such as VaR, SVaR, and stress tests, run by dedicated departments.

The seminar concludes with an introduction to a very current topic, the Credit Valuation Adjustment (CVA).

The seminar will be useful for anyone wanting to understand the different types of market risks and indicators used to characterize them.

Management of Credit Risks

The latest financial crises have shown how much the control of credit risk is an essential requirement for the stability of the international financial system. The objective of this seminar is to define the different manifestations of the credit risk, before going over the tools used to manage it.

The first session of the seminar is devoted to definitions and metrics for measuring credit risk.

The following sessions are devoted to credit risk management tools: a special focus will be on Credit VaR, and credit derivatives used for hedging.

The seminar will be useful to all those who want to understand how the various indicators introduced here are used to manage credit risk.

Management of Operationnal Risks

The objective of this seminar is twofold: to define operational risk in its various meanings, and to present the methodological approaches to manage it.

The first session of the seminar presents the stakes of operational risk, along with several use cases, to characterize this type of risk.

The second session presents the regulatory framework, along with tools for monitoring and managing operational risk.

Each seminar consists of 2 to 4 sessions of 2 hours each.
Once a week, from 19:15 to 21:15 courses are taught in local Invivoo.

Biography of trainers and speakers

 

Abdelmoughith is currently financial engineer at HSBC, where he is interested in topics related to RWA and capital optimization. He began his career as an analyst in structured finance before moving into trading of exotic equity derivatives at HSBC.
For several years, he has been holding market finance courses for an audience of market professionals, as well as in engineering schools in Paris. Abdelmoughith provides training on equity derivatives and the pricing of derivatives. He graduated from the School of Civil Engineering.

 

Aymen began his career as assistant trader at HSBC in the interest rate and foreign exchange desks, where he worked on several issues regarding the pricing and market making of vanilla products, interest rate and currency exchange. He then joined the quantitative analysis team of SG CIB where he dealt with subjects such as stripping yield curves and construction of repo curves.
He is currently financial engineer at Engie, in charge of the implementation of pricing methods for commodity derivatives. Aymen provides training on interest rate derivatives. He holds an engineering degree from ESIEE Paris, and a Master’s degree in Market Finance from SKEMA Business School.

Leopold began his career as a professor at the University of Technology of Compiègne, specializing in modeling complex systems. He then turned to the financial engineering of derivative products, with a specialization in derivatives pricing.
For several years he has held market finance courses for a professional audience and in engineering schools in Paris. Leopold provides training on introduction to capital markets, commodity derivatives, and the pricing of derivatives. He has a doctorate in applied mathematics from UTC.

Mohamed is market risk research engineer in a large European bank, where he leads the model validation activity. He began his career as a quantitative analyst on interest rate derivatives, before turning to R&D in financial mathematics.
He is a lecturer at the School of Civil Engineering where he holds financial mathematics courses, and has to his credit several publications in renowned journals such as Risk Magazine or Quantitative Finance.

Mohamed provides training on interest rate derivatives and credit derivatives. He holds an engineering degree from the School of Civil Engineering and a PhD in applied mathematics from the same institution.

Stéphane began his career as a risk analyst at CACEIS before becoming quantitative analyst at La Banque Postale in charge of modeling the risk of credit portfolios for the calculation of economic capital.

He then became head of the R&D department at PHAST SOLUTIONS, which has two activities, one as editor of software solutions for risk management, and a seond one of consulting to financial institutions on regulatory issues and modeling of market and credit risk. He is a professional trainer on bank regulation and risk modeling at major financial institutions in Paris.

He is a member of the Executive Committee of the Laboratory of Excellence on Financial Regulation (LabEx Refi) – CNAM, ENA, ESCP, Paris 1. Stéphane provides training on market risks, credit risks, bank regulations. He holds a PhD in finance on risk management from the University Paris 1 Panthéon-Sorbonne.

More than 10 years of experience in risk management, project management, support for the change of information systems, gave Georges a good knowledge of the professions, products and processes of the main players in financial services: Financing, investment managers, asset managers, insurers. His most recent assignments focus on the market metrics of banking regulation: VaR, VaR Stressed, IRC, CRM, Expected Shortfall, Back Tests, Stress Tests. Georges provides training on market risks. Georges has been teaching for 7 years quantitative measurement of financial risks at the University Paris Dauphine. He holds a Master of Mathematics from the University of Paris 11 – Orsay and a Master of Finance from ISFA – Lyon.

Themes

Speakers

Hours of training

Continuous Delivery Training Courses

Program & How it works

Continuous Delivery is a software engineering discipline where you build an application so it can be sent into production at any time.

The courses are prepared and run by a team of Invivoo consultants-trainers experienced in these areas. They offer a theoretical and practical approach through use cases that will then be available on the Invivoo Github.

The program consists of 3 sessions of 2 H, with a fork for tools specific to Java and .NET worlds:

Introduction & Overview

The main objective of this first session is to provide the minimum background required to understand the Continuous Delivery approach.

This session answers the following questions:

  • Why Continuous Delivery ?
  • What is Continuous Delivery ? (Principles, areas covered, its adjacent concepts) and what it isn’t ?
  • It concludes with some practical aspects: a general focus on the required tools for Continuous Delivery and the approach to implement such a process.
The Development Cycle

This session focusses on development tools as part of a Continuous Delivery approach.

Based on Java and .Net (C #) sample applications, different use cases will be presented to illustrate key concepts and tools for the developer to ensure Continuous Delivery approach (version management and / or configuration, dependency management, test automation, orchestration of continuous integration …).

Two separate sessions are offered for this part: one specific to the Java world, and another for the .Net world.

DevOps : From Staging to Prod

This session focusses on the Ops part of Continuous Delivery: the management of infrastructure, environments, and the deployment of artifacts.

On the basis of a sample application, different use cases will be presented to illustrate key concepts and tools to automate infrastructure management and deployment (automated environment provisioning, deployment strategies, automating the deployment …) .

Good to know

The course takes place in less than 2 months, 1 session every 2 weeks.
Each session lasts 2 hours, they will be provided @INVIVOO on weekday evenings. It is advisable to follow the course in its entirety.

Biography of trainers and speakers

 

Christophe is Java Senior Developer and Scrum Master within a development team at one of our customers. A graduate of INSA Rouen in 2002, Christophe has fifteen years of experience as a Java / J2EE developer, architect and technical project manager in several sectors and mainly in investment banking.
A Certified Scrum Master and Software Craftsman at heart, he has been very much involved in major customer projects since 2014, and as such he has developed an expertise from which you will benefit, in the management of agile projects and the practice of continuous delivery.

Daniel is a J2EE Technical Leader and architect, with a passion for new Java and Web technologies. After 3 years of experience in the analysis and development of a Java web application for a major distribution company in eastern Canada, he moved into the investment banking industry in which he has operated for 5 years.

Apart from his contract missions, his uses his engineering skills as a full stack developer for the site http://www.dimensionfantastique.com/ where he applies many technologies and continuous delivery tools.

 

 

Jérémy is a senior development engineer with over 10 years of experience in the Finance sector. Coming from the software edition, where he worked for nearly 8 years as an R&D engineer, and then Project Manager and Technical Leader, he now works on the client side.
Certified Scrum Master, since 2014 he is the spearhead for his team on all matters relating to the software factory and software quality, concepts and values that he will be happy to share with you during this training course.