Test your knowledge: Back office – Expert level

Test your knowledge about operations, as well as ICT processes, finance & control, accounting and legal aspects
Knowledge related to Operations, Business Control & Finance is not just relevant for Back Office staff, but also for IT specialists, legal experts, compliance officers, controllers and accountants.
At this expert level your knowledge is tested in the sense of interpretation. After all, as expert you should be able to develop business.

What is the challenge with most physical supply contracts which are hedged with cash settled swaps?



In case of a fixed-for-floating swap the so called 'payer':



Indices are used for:



STP starts with:



The overnight index for Swiss franc (CHF) is:



In case of a fixed-for-floating swap the so called 'receiver':



IFRS is:



Straight through processing involves:



Overnight index swaps (interest) in GBP are settled at maturity:



Overnight index swaps (interest) in GBP are settled at maturity: