Session 03
X - Executive, A - Advanced, I - Intermediate, B – Basic, F- FP&A Renewal Credit, G - GTOT Credit
CTP Review Sessions are not available for CTP or FP&A credit.
Why Do Payment Hubs Make Sense? A Closer Look at Enterprise Payments Architecture (I)
- Mohan Murali, Axletree Solutions
- Sava Ruljic, Treasury Director, AscendantFX
Tuesday, April 13th
2:30pm - 3:30pm
Grapevine A
Virtual
Session Description
Is a payment hub right for you? During this session, the attendee will learn about the different types of environments and workflows where payment hubs thrive. The group of experts will discuss, in detail, the different connectivity, file formats, and inputs/outputs that need to be considered when developing a payment hub. If your organization is or has considered implementing a payment hub, this session will cover the in’s and out’s as well as help you frame the conversation to your technology partners.
Speaker Information
Mohan Murali, CEO Axletree Solutions is a 30-year veteran of the information technology industry, Mohan has rich experience in designing and building technology solutions that deliver measurable business impact for customers. Under his leadership, Axletree Solutions has grown exponentially, and is today considered the vendor of choice for SWIFT Connectivity, Treasury Management, and Message Transformation & Integration. Mohan holds a Degree in Electronics and Communications Engineering and is a SWIFT Certified Expert.
Sava Ruljic originally obtained a degree in Tourism from the College of New Caledonia in Prince George, BC. In due course, she discovered a passion for the payments industry, fascinated by the complexities of domestic and cross-border payments and their continuously emerging markets. That passion, combined with a natural ability to adapt in this ever-evolving industry, has led her to a storied 17-year career. Sava’s payments journey began at Custom House Global Foreign Exchange, which was acquired by Western Union Business Solutions. She joined her former Custom House colleagues at AscendantFX, where she has worked as Director of Treasury for 6 years. In 2020, Sava was a finalist in Women in Payments Rising Star under 40 Award. Sava immigrated to Canada from Serbia, spending her early life in the beautiful Baltic region of former Yugoslavia. Her cultural background and upbringing have defined her ambition, determination, and empathy as a professional.
Attachments/Links
Rethinking Resource Constraints for Treasury (I) (F)
- Craig Jeffery, CCM, FLMI, Founder & Managing Partner, Strategic Treasurer
Tuesday, April 13th
2:30pm - 3:30pm
Grapevine B
Virtual
Session Description
Everyone must live with resource constraints, whether the resources are money, time or capabilities. What functions does your team spend too much time on? What activities aren’t being done that would add significant value to your organization? Managing resource constraints naturally includes prioritization; use of technology; organizational leadership; and right-locating of tasks. Treasury controls many significant financial levers for the organization, and those levers need to be managed. This requires time and focus, but many treasury departments indicate they are thinly staffed and are expected to do more than their resources support.
This session offers a way of rethinking resource constraints to better optimize treasury’s performance and a way to better add value to the organization.
Speaker Information
Craig Jeffery formed Strategic Treasurer in 2004 to provide corporate, educational, and government entities direct access to comprehensive and current assistance with their treasury and financial process needs. His 30+ years of financial and treasury experience as a practitioner and as a consultant have uniquely qualified him to help organizations craft realistic goals and achieve significant benefits quickly.
Attachments/Links
Low-Tech Fraud in a High-Tech World: Embezzlement, eCheck Fraud & Holder in Due Course (I) (F)
- Greg Litster, SAFEChecks
- Becky Woodard, Treasury Manager, Apex Capital Corp.
Tuesday, April 13th
2:30pm - 3:30pm
Grapevine C
Live
Session Description
Different industries and sizes of business experience different types of embezzlement schemes, but there are many commonalities and “red flags.” Check fraud schemes are frequently used for embezzlement. eChecks are new payment method being attacked by fraudsters. eChecks’ vulnerabilities and connection to Holder In Due Course will be detailed. Meanwhile, “old-school” check fraud is still the primary method of payment fraud attempts used by fraudsters and produces more losses than other forms of payment fraud.
Session attendees will be able to identify the “red flags” of embezzlement schemes, including their commonalities and differences, along with specific practices and protocols to prevent them. Distinctions between industries, company sizes, methodologies, etc. will be discussed.
- Attendees will be able to outline the vulnerabilities of eChecks and other forms of check fraud.
- They will understand Holder In Due Course rules, how those rules impact their liability for check fraud, and how to employ them in recouping fraud losses.
- Attendees will examine real-life fraud situations, including what went wrong and how the losses could have been prevented.
Speaker Information
Greg Litster is president and founder of SAFEChecks, a company specializing in fraud prevention, and is Editor of Frank Abagnale’s Fraud Bulletin. Greg is a former banker of 18 years, has written articles published in AFP Exchange, American Payroll Association, American Land Title Association, and Sheshunoff’s Corporate Cash Management Manual. He has served as an expert witness on several national and international check fraud and embezzlement cases, and has spoken on fraud prevention across the country for numerous financial institutions and professional organizations, including AFP, GFOA, Texpo, SoCal Expo. Greg earned a Bachelor of Science in Economics and an MBA in Finance, both from Brigham Young University.
Becky Woodard is an experienced Treasury Manager with a demonstrated history of making a positive difference in the financial services industry. She has been with Apex Capital for almost 22 years, and in Treasury for the last 12 years. Becky’s primary role is to mitigate fraud and optimize payments for Apex Capital clients. She is skilled in Microsoft Excel, Analytical Skills, Risk Management, Banking, and Strategic Planning. Becky graduated from Fort Hays State University with a Bachelor of Business Administration (B.B.A.) degree, with an emphasis in Accounting and Business/Management.
Attachments/Links
CTP – Review of Basic Calculations (B)
- Dubos Masson, Ph.D, CTP, CertICM, President - The Treasury Academy
- Tyrone Gant, CTP, SVP, Director of Treasury Management, Vectra Bank
Tuesday, April 13th
2:30pm - 3:30pm
Grapevine D
Virtual
Session Description
This session will provide:
- Overview of CTP MathTips and Techniques for Approaching CTP Math
- Taking the Fear Out of CTP Math for “Mathaphobes.”
This session will involve an overview of CTP math. It will not be the first time formulas and calculations are introduced. Any math associated with the relevant topics covered in the Monday sessions will have already been discussed in context. The difference is that this session will focus on the more challenging formulas and calculations found throughout ETM5. Along with math tips and techniques for all CTP candidates, the instructors will specifically address overcoming the “fear factor” for those CTP candidates who have had very little exposure to financial mathematics or for whom it has been decades since they last took a college course involving financial formulas and calculations.
Speaker Information
D.J. Masson, Ph.D., is President of The Treasury Academy, a training and consulting firm specializing in treasury management, international finance, business forecasting, and risk management. Over the past 25 years, D.J. has provided business and financial consulting and training services to a wide variety of corporations, financial institutions, and not-for-profit organizations in the U.S., Canada, and abroad. He is currently an Associate Clinical Professor of Finance at Indiana University’s Kelly School of Business and is a trainer and curriculum developer for programs with Association for Financial Professionals (AFP), GT News and Association of Corporate Treasurers (ACT) in the U.K, and Citibank’s Global Transactions Services unit. D.J. has extensive experience in developing curriculum for a wide range of teaching and training environments, both residential and on-line. He has developed classes and taught at all levels of higher education: undergraduate, MBA, Executive MBA, and in-house, custom-designed courses. D.J. has worked with professional associations to develop workshop, training materials, and certification programs in the areas of Treasury Management, Credit Management, Global Cash Management, Financial Forecasting, Commercial Banking, and Risk Management. D. J.’s educational background includes a B.A. in Business from the University of New Orleans and an MBA and Ph.D. in Finance from Indiana University. D.J. earned his Certified Cash Manager (CCM/CTP) credential in 1988. D.J. also earned the Cert ICM, an international cash management certification, from the Association of Corporate Treasurers (ACT) in the UK in 1999.
Tyrone Gant, CTP, is the Director of Treasury Management for Vectra Bank Colorado, a division of Zions Bancorporation. Tyrone is a results oriented financial professional with 25 plus years’ experience in the banking industry including leading and executing growth and sales strategies, new business development and treasury management consulting.
Attachments/Links