FITE7407A - Securities transaction banking

Semester 1, 2021-22

Professor
Juergen H. Rahmel
Teaching assistant
Anthony Lam
Syllabus The course introduces the business and technology scenarios in the field of Transaction Banking for financial markets.  It balances the economic and financial considerations for products and markets with the organizational and technological requirements to successfully implement a banking function in this scenario.  It is a crossover between studies of economics, finance and information technology, and features the concepts from basics of the underlying financial products to the latest technology of tokenization of assets on a Blockchain.
Introduction by Professor Transaction Banking is one of the pillars of our current banking world.  It is realized by information technology and organizational structures.  However, technology in banking is not an aim in itself – it always should be seen as a business enabler.

For the example of Transaction Banking, this course offers a well-rounded view on the linkage between business, process, organization and technology - since understanding the business is the most elementary step for information technologists.  Thus, beyond the actual topic, this course offers a unique opportunity to learn about the industry’s approach to using technology for business support.  The course is held by a practitioner from Banking IT with 20+ years of international experience in the field.
Learning Outcomes
Course Learning Outcomes Relevant Programme Learning Outcome
CLO1. Students will be able to understand the key properties of basic financial products and their processing in a transaction banking scenario – both in the prevailing market structure as well as in future tokenization-based environments PLO.5, 6, 7, 8, 9, 10, 11, 12, 16
CLO2. Students will be able to describe the required organizational structure of a transaction bank and the existing outsourcing and offshoring opportunities PLO.4, 6, 7
CLO3. Students will be able to explain how the requirements of products, customers, markets and regulators are implemented by the necessary functions of an IT department in a transaction bank PLO.11, 12, 13
View Programme Learning Outcomes
Pre-requisites Nil
Compatibility Students who have taken "COMP7407 Securities transaction banking" should not be allowed to take FITE7407.
Topics covered
Course Content No. of Hours Course Learning Outcomes
1. Types of securities, financial markets, custody functions and regulatory requirements 9 CLO1
2. Transaction Banking 8 CLO2
3. Internal Organisation of a Securities Transaction Bank 3 CLO2
4. Information Technology in Transaction Banks 10 CLO3
 
Assessment
Description Type Weighting * Tentative Assessment Period /
Examination Period ^
Course Learning Outcomes
Written Assignment Continuous Assessment 40% - CLO1, CLO2
Written exam covers all taught content in the course. Written Examination 60% 8 - 23 December 2021 CLO1, CLO2, CLO3
* The weighting of coursework and examination marks is subject to approval
^ The exact examination date uses to be released when all enrolments are confirmed after add/drop period by the Examinations Office.  Students must oblige to the examination schedule. Students should NOT enrol in the course if they are not certain that they will be in Hong Kong during the examination period.  Absent from examination may result in failure in the course. There is no supplementary examination for all MSc curriculums in the Faculty of Engineering.
Course materials Lecture Notes
  • Available from the course webpage
Session dates
Date Time Venue Remark
Session 1 3 Sep 2021 (Fri) 7:00pm - 10:00pm Online Zoom
Session 2 10 Sep 2021 (Fri) 7:00pm - 10:00pm Online Zoom
Session 3 17 Sep 2021 (Fri) 7:00pm - 10:00pm Online Zoom
Session 4 24 Sep 2021 (Fri) 7:00pm - 10:00pm Online Zoom
Session 5 8 Oct 2021 (Fri) 7:00pm - 10:00pm Online Zoom
Session 6 22 Oct 2021 (Fri) 7:00pm - 10:00pm Online Zoom
Session 7 29 Oct 2021 (Fri) 7:00pm - 10:00pm Online Zoom
Session 8 5 Nov 2021 (Fri) 7:00pm - 10:00pm Online Zoom
Session 9 12 Nov 2021 (Fri) 7:00pm - 10:00pm Online Zoom
Session 10 19 Nov 2021 (Fri) 7:00pm - 10:00pm Online Zoom
Session 11 27 Nov 2021 (Sat) 2:00pm - 4:00pm CYP-P3 Face-to-face
CYP - Chong Yuet Ming Building
Add/drop 1 September, 2021 - 15 September, 2021
Quota 100
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