Software Engineering in Finance
Required courses for this certificate include:
Clearing systems, payment systems and settlement systems are all examples of inter-system infrastructural software (ISIS). For example the Clearing House Interbank Payments System (CHIPS) is a patented algorithm for payment netting whose participants must have an account with the New York Federal Reserve Bank. The FedWire, SWIFT and SunGard are at the core of ISIS where the "Buy" side of the market meets the "Sell" side of the market through intermediaries and Banks with clearing houses and custodians. The Graduate Certificate in Software Engineering in Finance explores this class of problems dealing with inter-financial systems information flows.