The Investment Industry for IT Practitioners

Introduction
Acknowledgements

Part One: Investments And Securities Explained
1 An Introduction to Financial Instruments
2 Equities
3 Debt Instruments
4 Cash
5 Derivatives
6 Common Attributes of Financial Instruments
7 Market Participants
8 How Investment Firms are Regulated
9 Straight-Through-Processing
10 The Role of Accurate Static Data in the STP Process
11 Communications Between Industry Participants
12 The Trade Agreement and Settlement Processes
13 Failed Trades â Causes, Consequences and Resolution
14 An Overview of Investment Accounting
15 The Stock Record â Using the double-entry Convention to Control Positions and Security Quantities
16 Example STP Flows of Equity Agency Trades â When Execution Venue is the London Stock Exchange
17 The STP Flow of Debt Instrument Trades
18 The STP Flow of Foreign Exchange and Money Market Trades
19 The STP Flow of Futures and Options Transactions
20 The STP Flow of SWAP and other OTC Derivative Trades
21 Stock Lending, Repos and Funding
22 The Impact of Islamic Finance
23 The Management of Positions
24 The Management of Risk

Part Two: Good It Practice In The Investment Industry
25 The Role of the IT Department in Daily Operations
26 The Role of the IT Department in Managing Business Change
27 Package and Vendor Selection, Outsourcing and Offshoring

Appendix 1 Bond Market Price Calculations
Appendix 2 Summary of Contractual Documents
Further Reading
Glossary of Terms
Index