Gamma Advisory Services provides risk training, technology, and advisory services. It offers certification and review programs for treasury professionals across different levels and functions. Its integrated treasury training program covers treasury products, risk controls, capital assessment, documentation, and accounting. It also offers a treasury review program to provide an overview of treasury processes, including banking background, traded products, analysis and reporting, and organizational structure. The principal of Gamma Advisory Services has over 25 years of experience in risk management across various industries.

1. Gamma Advisory Services
April 20131
Gamma Advisory Services
Risk Training, Technology & Advise
Gamma Advisory Services
Risk Advisory, Training, Technology Services
1.Treasury - Certification & Review Programs : April 2013

2. “The only skill that will be of lasting value in the 21st
century will be the skill of learning new skills. All other
skills will become obsolete with the passing of time”
Peter DruckerPeter DruckerPeter DruckerPeter Drucker
Gamma Advisory Services April 20132

3. A brief background presentationA brief background presentationA brief background presentationA brief background presentation
Gamma Advisory Services April 20133

4. ObjectivesObjectivesObjectivesObjectives
Gamma Advisory Services April 20134
Promote the use of best of current practices in risk
management
Taxonomy of methodologies
Link formal theory to all risk applications
Training spectrum of staff in across all functions
Private certification of staff
Cater to all levels: review, vocational & advanced as
well as for staff at entry, specialist, senior & board
levels

5. ServicesServicesServicesServices
Gamma Advisory Services April 20135
Skill transfer programs based on full review of
cutting edge industry practices & research
covering all major areas of risk
Training programs:
Review: conceptual
Vocational: teaching, practice and testing
Overview: policy, monitoring
Risk advice on policy and practices

6. UsersUsersUsersUsers
Gamma Advisory Services April 20136
New hires, functional specialists and top management
(based on program)
Cross functional users
Front, Middle, and Back Offices
Risk,Analytics
InformationTechnology (systems, programming, testing &
support)
Finance,
Risk audit, compliance
Legal

7. Delivery MechanismDelivery MechanismDelivery MechanismDelivery Mechanism
Gamma Advisory Services April 20137
Based on specific program
Seminar or Classroom
Reading or Review matter
Presentation
Computer aided demonstration
Spreadsheet exercises
Testing for vocational programs

8. The PrincipalThe PrincipalThe PrincipalThe Principal
Gamma Advisory Services April 20138
Pravin Shirnamé, Principal Advisor, GammaAdvisory Services:
Set up Gamma Advisory Services in 2010 aimed at evangelising better
risk management practices
Former head of the Market Risk function at HDFC Bank, India.
Part of core team that set up Risk function at HDFC Bank in 1994
Cross Industry experience of 25 years from banking, insurance,
investments, asset finance, among others
MBA’s from the University of North Carolina-USA (Finance) magna cum
laudé
MBA from University of Puné-India.
M.Sc degree from M.S.University of Baroda, India
FRM charter holder
Certifications from NASD, NC Dept of Insurance & others.

9. Range of programsRange of programsRange of programsRange of programs
Gamma Advisory Services April 20139
Treasury – FunctionalTraining
Treasury Review Program
Market & Counterparty Risk
Asset & Liability Management
Credit Risk
Risk Review & Advisory Services
Miscellaneous: Financial Modeling
Miscellaneous: Building Blocks

10. Treasury based programsTreasury based programsTreasury based programsTreasury based programs –––– A presentationA presentationA presentationA presentation
Gamma Advisory Services April 2013
Pravin Shirname
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11. Treasury functional training workshopsTreasury functional training workshopsTreasury functional training workshopsTreasury functional training workshops
Gamma Advisory Services April 2013
IntegratedTreasuryTraining Program
Content: A four module coverage ensuring a comprehensive review
of all major facets of treasury business such as:
A. Treasury products and pricing
B. Risk controls and capital assessment
C. Documentation (for derivatives)
D. Accounting
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12. Treasury functional training workshopsTreasury functional training workshopsTreasury functional training workshopsTreasury functional training workshops
Gamma Advisory Services April 2013
IntegratedTreasuryTraining Program
Who should attend:
The treasury professional from treasury front office, mid-office,
risk management, back-office, audit, financial control, legal, and
system specialists.
Each function is allocated modules based on work area
specialization. Modules(1&2) on products, risk and capital
assessment is common to all functions
12
Updated
Annually

13. Treasury functional training workshopsTreasury functional training workshopsTreasury functional training workshopsTreasury functional training workshops
Gamma Advisory Services April 2013
IntegratedTreasuryTraining Program
Program structure:Workshop & Certification
Components:Text material, presentations with spreadsheet
demonstrations, Case studies
Customised reading material of over 1000+ pages spanning 25
sections along with presentation material for each as well as over
350+spreadsheets examples. Range of case studies provided.
CandidateTesting
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14. Treasury functional training workshopsTreasury functional training workshopsTreasury functional training workshopsTreasury functional training workshops
Gamma Advisory Services April 2013
IntegratedTreasuryTraining Program
A.Products and Pricing
Introduction
Building Blocks
Money Markets
Forward RateAgreements
Interest rate futures
Bonds
RepurchaseAgreements
Bond Futures
Yield Curves
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15. Treasury functional training workshopsTreasury functional training workshopsTreasury functional training workshopsTreasury functional training workshops
Gamma Advisory Services April 2013
IntegratedTreasuryTraining Program
A.Products and Pricing
Foreign Exchange
Currency Options
Interest rate Swaps & other derivatives
Mutual Funds
Credit Derivatives
Securitisation
Gold and Commodities
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16. Treasury functional training workshopsTreasury functional training workshopsTreasury functional training workshopsTreasury functional training workshops
Gamma Advisory Services April 2013
IntegratedTreasuryTraining Program
B.Risk control and Capital Assessment
Treasury Market Risk
Treasury Credit Risk
Asset Liability Management
Capital for Market and Credit Risk
Cases
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17. Treasury functional training workshopsTreasury functional training workshopsTreasury functional training workshopsTreasury functional training workshops
Gamma Advisory Services
April 2013
IntegratedTreasuryTraining Program
C.Documentation for Derivatives
Documentation for derivatives
Documentation Process
1992 ISDA Master
2002 ISDA Master
Default and Insolvency
Tax withholding
Credit Derivatives
Credit Support Documentation
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18. Treasury functional training workshopsTreasury functional training workshopsTreasury functional training workshopsTreasury functional training workshops
Gamma Advisory Services
April 2013
IntegratedTreasuryTraining Program
D.Accounting for treasury business
Accounting and Controls
Money Markets
Interest rate instruments
Foreign Exchange and options
Credit Derivatives
Hedge accounting
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19. Treasury functional training workshopsTreasury functional training workshopsTreasury functional training workshopsTreasury functional training workshops
Gamma Advisory Services
April 2013
Workshop on Spreadsheets
Review of operations, formulas and functions, naming, charting,
Statistical tools: Description, Distribution analysis, Regression
What-if analysis: sensitivity analysis with tables
Multipage systems and lookups
Databases : Sorting & filtering, data forms, subtotal, pivot tables
Financial and Statistical functions
Using Solver and goal seek for finance
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20. Treasury functional training workshopsTreasury functional training workshopsTreasury functional training workshopsTreasury functional training workshops
Gamma Advisory Services
April 2013
Workshop on Financial Modeling with
spreadsheets
Statistical analysis of time series data
What-if analysis: sensitivity analysis with tables
Financial and Statistical functions
Applications using Solver and goal seek for yield curve and risk
Matrices for risk assessment
Simulation techniques : random generators, bootstrapping,
generating random paths, monte carlo simulation methods
Utilities: lookup (one and two way), interpolation
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21. TreasuryTreasuryTreasuryTreasury review programsreview programsreview programsreview programs
Gamma Advisory Services April 2013
Treasury Review Program
Program structure:
A. Banking Background
B. Trade Products & Processes
C. Analysis & Reporting
D. Structure & Maintenance
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22. Treasury review programsTreasury review programsTreasury review programsTreasury review programs: Treasury Review Program (TRP)
Gamma Advisory Services April 201322
Closure
Transaction Maturity
Trade Stages
Trade stages
Trade background
Trade participants &
Asset Categories
Accounting
P&LAttribution
Counterparty
Risk
Market Risk
(C) Analysis &
Reporting
Trade
Organisation
Asset Holding
Trade
Administration
Market & non-
market data
(D) Structure &
Maintenance
(B) Products &
Processes
Money &
Banking
Money Demand
& Supply
Central Bank &
Policy
Bank roles
(A)
Background

23. Treasury review programsTreasury review programsTreasury review programsTreasury review programs
Gamma Advisory Services April 2013
Treasury Review Program
Who should attend:
The treasury professional from treasury front office, mid-office,
risk management, back-office, audit, financial control, legal, &
system specialists.
Background neutral
New treasury entrants or laterals and senior management review
Overview of treasury process
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24. Treasury reviewTreasury reviewTreasury reviewTreasury review programs:(programs:(programs:(programs:(TRPTRPTRPTRP))))
Gamma Advisory Services April 2013
A. Banking Background
Money
Banking
Central Banking
Monetary Policy
Bank Roles
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25. Treasury reviewTreasury reviewTreasury reviewTreasury review programs:(programs:(programs:(programs:(TRPTRPTRPTRP))))
Gamma Advisory Services April 2013
B. Products & Processes
Traded Products Review
Processes
1. Trading background
2. Asset categories
3. Components of aTrade
4. Stages of a trade
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26. Treasury reviewTreasury reviewTreasury reviewTreasury review programs:(programs:(programs:(programs:(TRPTRPTRPTRP))))
Gamma Advisory Services April 2013
C.Analysis and Reporting
Accounting: concepts of realised and un-realised profit,
accrued interest
P&L Attribution : uses and process
Counterparty risk : Credit , PSR, settlement risk,
mitigation
Market Risk: positions, gaps, stop loss, ageing of
holdings, sensitivities, value at risk , stress testing, back
testing
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27. Treasury reviewTreasury reviewTreasury reviewTreasury review programs: (programs: (programs: (programs: (TRPTRPTRPTRP))))
Gamma Advisory Services April 2013
D. Structure & Maintenance
Trade Organisation: Entities, counterparties, books,
static data
Asset holding : Holdings, value, reconciliation, etc
Trade administration: rates, cashflows etc.
Market and non-market data : data types, users,
errors , management
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28. “He who loves practice without theory is like the sailor who
boards ship without a rudder and compass and never
knows where he may be cast”
Leonardo da Vinci
Gamma Advisory Services April 201328

29. Thank YouThank YouThank YouThank You
Gamma Advisory Services April 2013
E-Mail:
gammaadvisory@gmail.com
Web:
http://gammaadvisoryservices.weebly.com/
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30. Pravin Shirname
The End
Gamma Advisory Services
April 201330