Repo for Money Market Funds

Course Details

Repo for Money Market Funds:  A Specialised 3-Day Interactive Training Programme Course Overview This intensive programme transforms traditional repo knowledge into actionable money market fund strategies, addressing the critical competitive gap where MMFs increasingly require repo expertise to enhance yields whilst maintaining regulatory compliance and operational safety. Designed specifically for MMF professionals who recognise that repo strategies are no longer optional in today's competitive landscape, this course provides the practical framework needed to implement repo operations within the stringent requirements of money market fund regulation. Who Should Attend Money Market Fund Portfolio Managers seeking to understand repo yield enhancement strategies MMF Risk and Compliance Officers requiring comprehensive repo risk frameworks MMF Operations Teams implementing repo settlement and collateral management processes Senior MMF Management evaluating strategic repo adoption for competitive positioning MMF Investment Committee Members overseeing repo investment policy development Regulatory Affairs Professionals ensuring MMF repo compliance with evolving regulations Learning Outcomes Upon successful completion of this programme, participants will be able to: ✓ Evaluate repo strategies for MMF yield enhancement within regulatory constraints ✓ Implement comprehensive risk management frameworks for MMF repo operations ✓ Navigate tri-party and bilateral repo markets effectively from an MMF perspective ✓ Design MMF repo allocation models that optimise yield whilst maintaining liquidity requirements ✓ Assess counterparty and collateral risks specific to MMF repo investing ✓ Apply GMRA documentation and legal frameworks to MMF repo transactions ✓ Integrate repo stress testing into MMF regulatory compliance programmes ✓ Develop operational procedures for repo settlement and collateral management Course Structure: 3 Days × 3 Hours Day 1: MMF Repo Fundamentals and Competitive Strategy Understanding Why and How MMFs Use Repo Module 1: Strategic MMF Repo Implementation (45 minutes) Competitive Analysis: How repo-active MMFs achieve yield advantages over traditional funds Regulatory Framework: MMF-specific repo constraints and opportunities within EU/UK regulations Yield Enhancement Mechanics: Quantifying repo contribution to MMF performance Risk-Adjusted Returns: Balancing repo yield with MMF safety requirements Interactive Session: Case study analysis of MMF repo adoption success stories Module 2: MMF Repo Market Mechanics (45 minutes) MMF as Cash Provider: Understanding reverse repo structures and cash lending dynamics Collateral Requirements: Government securities eligibility and quality standards Pricing Mechanisms: How MMFs influence and benefit from repo rate movements Term Structure Strategy: Overnight versus term repo allocation for MMF portfolios Workshop: Building MMF repo pricing models using current market data Module 3: MMF Repo Market Access Strategies (45 minutes) Tri-party Repo Advantages: Operational efficiency and risk mitigation for MMFs Bilateral Repo Relationships: Direct counterparty management and documentation requirements Central Clearing Options: Benefits and limitations for MMF repo participation Fed ON RRP Facility: Strategic utilisation as yield floor and liquidity backstop Q&A Session: Addressing specific MMF repo implementation challenges Day 2: Risk Management and Operational Excellence Building Robust MMF Repo Frameworks Module 4: MMF Repo Risk Assessment and Management (45 minutes) Counterparty Risk Evaluation: MMF-specific criteria for repo counterparty selection and monitoring Collateral Risk Management: Government securities haircuts, quality assessment, and concentration limits Liquidity Risk Integration: Balancing repo terms with MMF daily and weekly liquidity requirements Regulatory Concentration Limits: Navigating MMF exposure restrictions and diversification requirements Workshop: Developing MMF repo risk assessment frameworks using regulatory guidelines Module 5: Legal Framework and Documentation (45 minutes) GMRA Implementation: Key provisions and MMF-specific considerations in repo agreements Tri-party Documentation: Legal and operational requirements for MMF tri-party participation Regulatory Compliance Documentation: Stress testing, reporting, and audit trail requirements Cross-border Repo: Legal considerations for MMF international repo transactions Interactive Session: GMRA negotiation scenarios for MMF repo programmes Module 6: Operational Implementation (45 minutes) Settlement Processes: DVP mechanics and timing considerations for MMF repo transactions Collateral Management: Daily marking-to-market, substitution procedures, and optimisation strategies Systems Integration: Technology requirements and workflow design for MMF repo operations Cash Management Coordination: Integrating repo with other MMF investment activities Case Study: End-to-end operational workflow for MMF tri-party repo implementation Day 3: Strategic Implementation and Future Outlook Transforming Knowledge into Competitive Advantage Module 7: MMF Repo Investment Strategies (45 minutes) Yield Optimisation Models: Maximising repo allocation within regulatory and risk constraints Duration and Interest Rate Management: Coordinating repo maturity profiles with MMF WAM/WAL requirements Liquidity Management Integration: Using repo for daily cash flow management and redemption preparedness Performance Attribution: Measuring and reporting repo contribution to MMF returns Advanced Workshop: Building comprehensive MMF repo allocation and monitoring models Module 8: Regulatory Evolution and Compliance Excellence (45 minutes) Current Regulatory Landscape: UK FCA and EU MMF regulations affecting repo operations Emerging Regulatory Changes: Anticipated MMF reforms and repo market developments Stress Testing Integration: Article 28 compliance and repo scenario development Reporting and Transparency: Meeting evolving MMF disclosure requirements Module 9: Future MMF Repo Market Development (45 minutes) Central Bank Digital Currencies: Implications for MMF repo strategies and operations Tokenisation and DLT: Next-generation repo market infrastructure and MMF participation Market Structure Evolution: Central clearing expansion and MMF strategic positioning Sustainable Finance Integration: ESG considerations in MMF repo strategies Expert Panel Discussion: Industry leaders discuss MMF repo market trends and opportunities Implementation Planning Session (45 minutes) Strategic Roadmap Development: Creating MMF repo implementation timelines Resource Allocation: Identifying systems, personnel, and process requirements Performance Measurement: Establishing KPIs for MMF repo programme success Ongoing Education: Building internal expertise and market intelligence capabilities Unique Programme Benefits Immediate Practical Application Ready-to-implement repo strategies designed for MMF regulatory environment Operational templates for risk assessment, documentation, and compliance monitoring Performance measurement frameworks for repo contribution analysis Competitive Intelligence Market positioning insights from repo-active MMF strategies Regulatory navigation expertise for safe repo implementation within MMF constraints Yield enhancement methodologies that maintain MMF safety and liquidity standards Ongoing Support Six-month access to updated materials and regulatory developments Exclusive MMF repo practitioner network for ongoing collaboration Quarterly regulatory updates specific to MMF repo market changes Course Materials and Resources Comprehensive Course Pack Includes: MMF Repo Implementation Toolkit: Risk assessment templates, compliance checklists, and operational procedures Regulatory Reference Library: Up-to-date MMF repo regulations and guidance documents Case Study Collection: Real-world MMF repo implementation examples and lessons learned Performance Analysis Templates: Repo allocation models and return attribution frameworks Digital Learning Platform Access: Interactive modules available for six months post-course Regulatory updates and market intelligence alerts Peer discussion forums for ongoing professional development Resource library with evolving MMF repo market materials Assessment and Certification Certificate of Professional Competence awarded upon successful completion of: Practical workshops and interactive sessions throughout the programme Case study analysis and group discussions Implementation planning exercise with peer review Post-course assessment covering key MMF repo concepts and applications Continuing Professional Development: 21 CPD hours recognised by major professional bodies Investment Details £1,750per participant Group discounts available: 10% for 2-3 participants, 15% for 4+ participants from same organisation Includes: All course materials and digital resources Six-month platform access Certificate of completion Ongoing regulatory updates (3 months)