Monday 23 December 2013

Benefit of Corporate Governance for an Organization



A proper Corporate Governance is very much important for any organization in order to bring in a structure and streamlining all of the operational processes. An organization operating in the UAE which deals in product manufacturing might not be having a proper organizational structure in place. The company can experience a change by hiring consultants who deal in corporate governance in Dubai. This is going to help the organization in setting up systems, policies and processes which will be governing the overall operations of the company. They will be providing set guidelines which will be strictly followed by the company management. The main aim is to channelize all of the activities towards the achievement of organizational goals and objectives.

As per the present scenario where businesses are becoming global and their outreach is spreading, the need for attracting more and more investors is rising. Investors would only be interested in corporations that follow a structured process and have a system in place. Hence a company can attract and retain the best human capital from various parts of the world. Nowadays companies keep a lot of transparency in their operations and due to this reason they need to embrace and demonstrate that they follow ethical practices.

So, when you hire an agency providing corporate governance in Dubai you are entrusting them to create a standard structure on whose lines, the company is going to operate. So, the newly setup procedures will help in boosting the confidence in the minds of those who wish to associate with the company. Investors from Dubai or any other foreign country would positively invest their money in such companies. This is ultimately going to give the concern a very stable source of financing. Those firms that have got a system of corporate governance give a lot of freedom to the management and the board of directors. This enables them to take the right decisions towards the achievement of the company goals and also gives room for innovation while remaining accountable to the stakeholders. 

Total Solutions is one of the most reputed consulting firms in the UAE providing consulting in Corporate Governance. Contact us for knowing more about our services

Monday 9 September 2013

Adopting The Right Asset Liability Risk Management

Asset liability management (ALM) is the process of understanding, monitoring and managing assets and liabilities of an organization. Earlier, ALM strategy was tailored to manage the risks on liabilities of banks, like: - deposits, annuities, life insurance policies and striking a balance between all these and their assets in the form of real estate, loans, bonds, etc.

Currently the scope of activities of asset liability risk management has increased manifold. Apart from considering the trading authorities, today it also addresses the risks (foreign exchange and others) of several non-financial firms as well.

A large number of companies and organizations use the techniques of ALM to combat different situations, like: - commodities risks, foreign exchange risk, liquidity risk and interest-rate exposures.

Since the global financial market is rapidly changing, it is important for trading and non-trading firms to consult experienced financial market advisors who are aware of the current market dynamics and can offer required training and consultation to several banks, pension funds, asset managers and other financial institutions.

For example: - risks faced by asset managers are different from those of fund managers, investment banking firms, corporate banking authorities, private banking, private equity and pension funds. Hence, the degree of asset liability risk management varies for projects, temporary staffing and recruitment assignments. 

Total Solutions is one of leading financial services providers in Europe. Our expertise involves, serving the requirements of the Front Office, the Middle Office, Back Office, Risk, Compliance, Finance/Interim and Project Management.

To find out how we may help you, please Contact Us today!

Tuesday 18 June 2013

Benefits of In-House Trainings For Banks

Staff training is an essential part of any company or an organization. Since, it may not be possible for the companies to send their employees for seminars and public trainings, in-house trainings have become need of the hour. The functioning of banks and other financial institutions is rather a complex process. Apart from managing and maintaining the financial resources of the investors, there is a hell lot of work for the bank professionals. Regular trainings help them keep abreast with the latest trends and technological advancements.

Reputed companies like: - Total Solutions offer in-house trainings for banks that can be customized to serve the specific objective. First of all, the goals and objectives of the company are assessed, hierarchical bifurcation is done and then the training material is specifically prepared for the upper, lower and mid-level officials.

In-house training can be highly beneficial for the banks. Let’s find out how: -

1. Trainers/ representatives of the chosen service provider listen and understand the different situations and specific cases while maintaining the confidentiality of the organization.

2. These type of training sessions help in building team spirit and professional connect between the staff members.

3. This is essentially a group exercise which can benefit a number of employees rather than specific individuals. This way you can save tons of money that would otherwise go in conducting individual sessions.

4. Trainers are well aware of the market dynamics and understand how to better address a given situation.

Ideally, the following areas are covered in in-house training for banks, i.e.: -

1. Corporate Actions

2. Derivatives

3. Financial Markets

4. Investment Management

5. Risk

6. Private Equity

These tailor-made sessions are especially designed to focus on individual topics or cases for which you require professional consultation and assistance. Just Contact Us to help you conduct a training session for your bank/ company.