"Segregation of client funds: Automating reconciliations with MRS"

STUDY MODE

LIVE-ONLINE

DURATION

23 & 24 July 2025

LANGUAGE

English/Greek

COST

200 € 80 €

Course Overview

Dates and Cost

Dates: 23 & 24 July 2025
Total Duration: 6 Hours
Method of Training: Online via Zoom
Time: 15:00-18:15
Ermis Program Number: 522049
Trainer: Antonis Antoniades

Cost: €200 | Subsidy: €120 | Final Cost: €80
Funding Information:
The seminar is approved by the Human Resource Development Authority (HRDA), therefore companies are required to pay only €80.
HRDA-approved seminars are exempt from VAT.

Unemployed Individuals:
Registered unemployed individuals may participate in two free seminars per year, upon submitting the relevant authorization from the Public Employment Service office.

Holders of an Individual Learning Account (Ατομικός Λογαριασμός Μάθησης):
Individuals with an active ΑΛΜ can use their available balance to attend the program with full cost coverage.

Individual (Non-Funded) Participation:
Feel free to contact us for more information about individual registration or alternative participation options.

For registrations of 5 or more participants, please contact us directly.

Schedule

You can find the seminar schedule here

SCHEDULE

Aim

The aim of the seminar "Segregation of Client Funds: Automatic Reconciliations with MRS" is to educate financial professionals about the importance of segregating client funds for regulatory compliance and risk management. Additionally, the seminar aims to demonstrate how Methodos Reconciliation Systems (MRS) can automate the reconciliation process, thereby enhancing efficiency, transparency, and accuracy in handling client funds.

Course Objective

Knowledge Level:

Describe the regulatory requirements and obligations associated with segregating client funds in financial operations.
Distinguish between Client and non-client funds.
Summarize best practices for establishing robust internal controls and procedures to ensure proper segregation of client funds .
Explain the definition and use of TTCA and Buffer amounts.
Explore the role of technology, specifically Methodos Reconciliation Systems (MRS), in automating the reconciliation process.
Identify important parts of legislation framework.
Evaluate the risks and consequences of non-compliance with client fund segregation requirements.

Skills Level:

Develop practical insights into the functionalities and features of MRS for efficient and accurate fund reconciliation.
Demonstrate how MRS can streamline processes, reduce manual errors, and enhance operational efficiency in reconciling client funds.
Utilize data mapping techniques and reconciliation workflows to ensure accurate fund reconciliation.
Acquire practical skills in identifying and addressing risks associated with client fund segregation
Obtain technical skills in implementing and configuring MRS for automatic reconciliations.

Attitudes Level:

Cultivate a proactive attitude towards risk management and compliance in handling client funds.
Εmbrace continuous learning and improvement in the field of client fund segregation and reconciliation.
Adopt a proactive approach of Modern Reconciliation Systems (MRS) and their role in automating reconciliation processes.

Participant’s Profile

Accountants, Financial Advisors, Compliance Officers, CEOs and CFOs of Companies Handling Client Fund, Regulatory Compliance Officers, Auditors, Individuals or Entities Interested in Learning About Fund Safeguarding, Individuals working on client funds reconciliations, Individuals interested in working in the financial service (FOREX) industry in the position of a reconciliation officer.

Topics

Introduction to seminar
Basic Terminology
Regulatory Requirements
Reconciliation of Client Funds
Automation of Reconciliations with MRS (Methodos Reconciliation System)

Training method

Our instructor conducts the seminar live on Zoom, offering an interactive virtual training experience that includes real-time collaboration, hands-on activities, dynamic presentations, and practical demonstrations.

Trainer

Antonis Antoniades

CEO

Holding a Bachelor's Degree in Accounting and Finance from Middlesex University, and being a Fellow member of the Association of Chartered Certified Accountants (FCCA), as well as a Member of the Institute of Certified Public Accountants of Cyprus (ICPAC), I have spent over 15 years in the financial sector. My career began in KPMG-Cyprus and then I joined Amdocs, a multinational corporation listed in NSE, specializing in software and telecommunication services, serving as a director and finance manager for 5 years. For the past 15 years, I have been working in executive positions in some of the biggest investment firms globally, with his latest role being that of a Director and Group Chief Financial Officer of London Capital Group! In 2019, created my own company, Trusted Solutions. The company's aim has been to assist companies in the industry to automate their procedures regarding client funds reconciliation using our solution Methodos Reconciliation System. In addition, Trusted Solutions is offering business training, workshops, and seminars for professionals in the industry or other related sectors.

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