---
title: "Academy | Federated Banking™"
description: "Learning tracks on federated finance: fundamentals, money movement, settlement and reconciliation, providers and failover, governance and building; with workshops, briefings and webinars."
url: https://federatedbanking.com/academy/
lang: en-GB
source: "Federated Banking"
---

> Learning tracks on federated finance: fundamentals, money movement, settlement and reconciliation, providers and failover, governance and building; with workshops, briefings and webinars.

Academy

# Learn federated finance, step by step.

Learning tracks for product, operations, finance, risk and engineering teams, from the first definition to practice in the lab and the terminal. Workshops, briefings and webinars are announced here too.

Learning tracks Workshops Webinars Briefings

Introductory 6 steps

### Federated finance fundamentals

What an operating layer is, why a network of providers beats one provider, and what a closed financial network looks like. For everyone new to the idea.

1. [Term Operating layer](https://federatedbanking.com/glossary/operating-layer/)
2. [Term Closed network](https://federatedbanking.com/glossary/closed-network/)
3. [Term Participant](https://federatedbanking.com/glossary/participant/)
4. [Term Provider-agnostic](https://federatedbanking.com/glossary/provider-agnostic/)
5. [Listen The Federated Finance Briefing](https://federatedbanking.com/podcasts/)
6. [Practice Tour the network overview](https://federatedbanking.com/terminal/#home)

Introductory 6 steps

### Moving money between many parties

Payments, payouts, collections and split payments, and how one amount reaches the parties it belongs to. For product and operations teams.

1. [Term Payment](https://federatedbanking.com/glossary/payment/)
2. [Term Payout](https://federatedbanking.com/glossary/payout/)
3. [Term Collection](https://federatedbanking.com/glossary/collection/)
4. [Term Split payment](https://federatedbanking.com/glossary/split-payment/)
5. [Practice Run a split payment](https://federatedbanking.com/showcase/#sc-live-split)
6. [Practice Send a payment in the lab](https://federatedbanking.com/lab/#missions)

Intermediate 6 steps

### Settlement and reconciliation

Why net settlement moves less money than the gross positions, and how records are matched and exceptions handled. For finance and operations teams.

1. [Term Settlement](https://federatedbanking.com/glossary/settlement/)
2. [Term Netting](https://federatedbanking.com/glossary/netting/)
3. [Term Gross and net](https://federatedbanking.com/glossary/gross-and-net/)
4. [Term Reconciliation](https://federatedbanking.com/glossary/reconciliation/)
5. [Term Exception](https://federatedbanking.com/glossary/exception/)
6. [Practice Run a settlement preview](https://federatedbanking.com/showcase/#sc-live-settlement)

Intermediate 6 steps

### Providers, rails and failover

How providers become interchangeable parts, what a rail is, and what happens to a payment when a provider has a problem. For technology and partnership teams.

1. [Term Provider](https://federatedbanking.com/glossary/provider/)
2. [Term Rail](https://federatedbanking.com/glossary/rail/)
3. [Term Open banking](https://federatedbanking.com/glossary/open-banking/)
4. [Term Failover](https://federatedbanking.com/glossary/failover/)
5. [Practice Watch a payment change provider](https://federatedbanking.com/terminal/#payments)
6. [Practice Make a provider fail in the lab](https://federatedbanking.com/lab/#missions)

Advanced 5 steps

### Governance and traceability

Permissioned networks, rules and approvals, and a record of what happened, when and what followed. For risk, compliance and audit teams.

1. [Term Permissioned](https://federatedbanking.com/glossary/permissioned/)
2. [Term Policy](https://federatedbanking.com/glossary/policy/)
3. [Term Traceability](https://federatedbanking.com/glossary/traceability/)
4. [Term Alert](https://federatedbanking.com/glossary/alert/)
5. [Practice Open an operation record](https://federatedbanking.com/terminal/#evidence)

Advanced 6 steps

### Building on the network

One consistent request whichever provider is behind it, a sandbox to try it, and the jurisdictions you can operate in. For developers.

1. [Term Capability](https://federatedbanking.com/glossary/capability/)
2. [Term Sandbox](https://federatedbanking.com/glossary/sandbox/)
3. [Term Jurisdiction](https://federatedbanking.com/glossary/jurisdiction/)
4. [Term FinancialOS](https://federatedbanking.com/glossary/financialos/)
5. [Practice Run every mission in the lab](https://federatedbanking.com/lab/)
6. [Practice Send a request in the terminal](https://federatedbanking.com/terminal/#api)

Every track is built from [glossary](https://federatedbanking.com/glossary/) terms, [podcast](https://federatedbanking.com/podcasts/) episodes and practice in the [lab](https://federatedbanking.com/lab/) and the [terminal](https://federatedbanking.com/terminal/). For a course for your team, [get in touch](https://federatedbanking.com/partners/#apply).