Shoham, Israel (PressExposure) April 08, 2010 -- Citadel Advantage, a global banking solutions provider specializing in payment systems, operational risk management, business continuity planning, and liquidity management, has partnered with IASeminars Ltd, an international leader in International Financial Reporting Standards (IFRS) training and education solutions to offer a week-long joint program in London entitled 'Banking Transformation 2010 - IFRS and Process Improvement'�.

The program on Banking Transformation is comprised of two distinct modules which can be attended separately, though together are designed to address unique challenges facing banking institutions in the year ahead. Limited seating for this event is available and advance booking is required.

- June 21-22 - Process Improvement and Managing Change in a Banking Environment - June 23-25 - IFRS for Banks and Other Financial Institutions

Process Improvement and Managing Change in a Banking Environment will be led by Citadel Advantage industry experts who are experienced in addressing business continuity, compliance, payments, risk, and host of other issues which are faced by banking professionals on a daily basis.

The June 21-22 program is an intensive course on business processes, what they are and how they can be improved. The program also deals with managing change that changes to business processes bring about and gives insights into how to use a specific business process improvement methodology to create successful results.

"Process Improvement is extremely critical for financial institutions, but can only succeed if understood and managed correctly" said Richard Barr, Citadel Advantage Principal Associate. "We are excited to be cooperating with IASeminars in our first offering of a combined training event which truly tackles the needs that financial institutions face and provides invaluable knowledge that all management need in today's demanding market"

IFRS for Banks and Other Financial Institutions will be led by IASeminars global IFRS banking faculty who have benefited from Big-4, banking regulatory and international IFRS implementation and training experience.

The June 23-35 program is interactive, hands-on, and makes use of numerous case studies, exercises, model financial statements and break-out sessions to explore the effects that the current and impending standards will have on the financial statements of banks and other financial institutions.

"IFRS is a key element of organizational change affecting financial institutions currently," said Marc Gardiner, IASeminars Managing Director. "We are delighted to be collaborating with Citadel Advantage to offer a combined training event which addresses the issue of banking transformation and provides the necessary skills for finance executives to thrive and grow in this challenging environment."

This new partnership expands IASeminars offerings to more than 100 international accounting courses available in some 50 cities around the world on topics such as: - IFRS Basics - IFRS Implementation - IFRS vs. U.S. GAAP Differences - IFRS for SME's - IFRS for Manufacturing.

By cooperating with IASeminars, Citadel Advantage increases the range of its available courses. Citadel Advantage offers a wide & comprehensive range of professional courses and training for commercial and central banks in the areas of; Operational Risk Management (for Basel II and for back-office risk mitigation), Specific Operational Risk Management areas including Business Continuity Planning, Anti Money Laundering, Fraud Prevention, Payment Systems and Liquidity Management.

About Citadel Advantage Ltd

About Citadel Advantage

Citadel Advantage (www.citadeladvantage.com ) provides back office system specialist services, specifically covering operations risk mitigation, fraud prevention, payments, and liquidity & treasury systems. The company provides services relating to the design, functionality, risk mitigation, training and operation (including payment flow control and liquidity management) of Payment Systems and associated Back Office operations activities.

About IASeminars

IASeminars (www.iaseminars.com ) has established itself over 10 years as one of the world's leading independent providers of international accounting seminars. With offices in London and Washington, D.C., it offers several hundred public courses each year on six continents. IASeminars events attract thousands of senior delegates from around the world, who are taught by an international faculty of expert instructors.

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