SAQA All qualifications and part qualifications registered on the National Qualifications Framework are public property. Thus the only payment that can be made for them is for service and reproduction. It is illegal to sell this material for profit. If the material is reproduced or quoted, the South African Qualifications Authority (SAQA) should be acknowledged as the source.
SOUTH AFRICAN QUALIFICATIONS AUTHORITY 
REGISTERED UNIT STANDARD: 

Operate Investment Administration systems 
SAQA US ID UNIT STANDARD TITLE
117784  Operate Investment Administration systems 
ORIGINATOR
SGB Insurance and Investment 
PRIMARY OR DELEGATED QUALITY ASSURANCE FUNCTIONARY
BANKSETA - Banking Sector Education and Training Authority 
FIELD SUBFIELD
Field 03 - Business, Commerce and Management Studies Finance, Economics and Accounting 
ABET BAND UNIT STANDARD TYPE PRE-2009 NQF LEVEL NQF LEVEL CREDITS
Undefined  Regular  Level 5  Level TBA: Pre-2009 was L5  22 
REGISTRATION STATUS REGISTRATION START DATE REGISTRATION END DATE SAQA DECISION NUMBER
Reregistered  2018-07-01  2023-06-30  SAQA 06120/18 
LAST DATE FOR ENROLMENT LAST DATE FOR ACHIEVEMENT
2024-06-30   2027-06-30  

In all of the tables in this document, both the pre-2009 NQF Level and the NQF Level is shown. In the text (purpose statements, qualification rules, etc), any references to NQF Levels are to the pre-2009 levels unless specifically stated otherwise.  

This unit standard does not replace any other unit standard and is not replaced by any other unit standard. 

PURPOSE OF THE UNIT STANDARD 
This Unit Standard is intended for persons who conduct administrative functions in the middle and back office in an Asset Management environment.

A person credited with this Unit Standard will be able to:
  • Explain the different systems and the inter-relationships between them.
  • Navigate and operate through relevant systems.
  • Extract and deliver the relevant information in the specified format and delivery mechanism. 

  • LEARNING ASSUMED TO BE IN PLACE AND RECOGNITION OF PRIOR LEARNING 
    It is assumed that learners are competent in:
  • Mathematical Literacy at NQF Level 4
  • Communication at NQF Level 4
  • The Unit Standard entitled, "Explain the structure and mechanics of Financial Markets" 

  • UNIT STANDARD RANGE 
    The context of this Unit Standard looks at various types of administration systems used within an asset management environment. The various systems include but are not limited to Middleware, Swift, Faxes, Proprietary banking systems, Recon systems, Price feed systems, Investment Administration System, Investment Reporting Systems, BATS, SAFEX ATS 

    Specific Outcomes and Assessment Criteria: 

    SPECIFIC OUTCOME 1 
    Demonstrate an understanding of different systems and the inter-relationships between them. 

    ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    Different systems are identified as used by the company. 

    ASSESSMENT CRITERION 2 
    The effects of the systems on each other are explained as it impacts on the company. 

    ASSESSMENT CRITERION 3 
    Processes are explained that are governed by the administrative system. 

    ASSESSMENT CRITERION 4 
    Third party systems, process interrelationships and dependencies are explained as they impact on the company investment administrations systems. 

    SPECIFIC OUTCOME 2 
    Navigate and operate through relevant systems. 

    ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    Access procedures are followed as per system requirements and identified process. 

    ASSESSMENT CRITERION 2 
    Access defined functions within the system as per the system procedures. 

    ASSESSMENT CRITERION 3 
    Reporting options within the system are explained as per system requirements. 

    SPECIFIC OUTCOME 3 
    Extract and deliver the relevant information in the specified format and delivery mechanism. 

    ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    Outputs identified are generated as per client requirements. 

    ASSESSMENT CRITERION 2 
    Outputs are generated as per defined process. 

    ASSESSMENT CRITERION 3 
    Formats of reports are identified as per client requirements. 

    ASSESSMENT CRITERION 4 
    Report purposes are explained as per defined client needs. 

    ASSESSMENT CRITERION 5 
    Outputs for clients are delivered using the defined delivery mechanism. 


    UNIT STANDARD ACCREDITATION AND MODERATION OPTIONS 
  • An individual wishing to be assessed (including through RPL) against this Unit Standard may apply to an assessment agency, assessor or provider institution accredited by the relevant ETQA, or an ETQA that has a Memorandum of understanding with the relevant ETQA.
  • Anyone assessing a learner against this Unit Standard must be registered as an assessor with the relevant ETQA or with an ETQA that has a Memorandum of Understanding with the relevant ETQA
  • Any institution offering learning that will enable achievement of this Unit Standard or assessing this Unit Standard must be accredited as a provider with the relevant ETQA or with an ETQA that has a Memorandum of Understanding with the relevant ETQA
  • Moderation of assessment will be conducted by the relevant ETQA at its discretion 

  • UNIT STANDARD ESSENTIAL EMBEDDED KNOWLEDGE 
    Administrative systems 

    UNIT STANDARD DEVELOPMENTAL OUTCOME 
    N/A 

    UNIT STANDARD LINKAGES 
    N/A 


    Critical Cross-field Outcomes (CCFO): 

    UNIT STANDARD CCFO ORGANISING 
    Organize and manage oneself and one's activities responsibly and effectively by planning how information will be extracted and which delivery mechanism is to be used. 

    UNIT STANDARD CCFO COLLECTING 
    Collect, analyse, organise and critically evaluate information that is to be generated for clients. 

    UNIT STANDARD CCFO COMMUNICATING 
    The learner is able to communicate effectively using visual, mathematical and / or language skills in the modes of oral and / or written persuasion. 

    UNIT STANDARD CCFO SCIENCE 
    Use science and technology effectively to manage the information flow within a system and between systems. 

    UNIT STANDARD CCFO DEMONSTRATING 
    Demonstrate an understanding of the world as a set of interrelated systems where information that is required is not only dependant on one system but also multiple systems. 

    UNIT STANDARD ASSESSOR CRITERIA 
    N/A 

    REREGISTRATION HISTORY 
    As per the SAQA Board decision/s at that time, this unit standard was Reregistered in 2012; 2015. 

    UNIT STANDARD NOTES 
    Supplementary information:

    Terminology:

    Terminology relating to the Financial Markets can be found in "Who owns Whom's Dictionary of Stock Market Terms". ISBN 1-919850-04-X
  • BATS - Bond Exchange Confirmation System
  • SAFEX ATS - South African Futures Exchange Automated Trading System. 

  • QUALIFICATIONS UTILISING THIS UNIT STANDARD: 
      ID QUALIFICATION TITLE PRE-2009 NQF LEVEL NQF LEVEL STATUS END DATE PRIMARY OR DELEGATED QA FUNCTIONARY
    Elective  61589   National Certificate: Banking  Level 5  Level TBA: Pre-2009 was L5  Reregistered  2021-06-30  As per Learning Programmes recorded against this Qual 


    PROVIDERS CURRENTLY ACCREDITED TO OFFER THIS UNIT STANDARD: 
    This information shows the current accreditations (i.e. those not past their accreditation end dates), and is the most complete record available to SAQA as of today. Some Primary or Delegated Quality Assurance Functionaries have a lag in their recording systems for provider accreditation, in turn leading to a lag in notifying SAQA of all the providers that they have accredited to offer qualifications and unit standards, as well as any extensions to accreditation end dates. The relevant Primary or Delegated Quality Assurance Functionary should be notified if a record appears to be missing from here.
     
    1. The Institute of Literacy Advancement 



    All qualifications and part qualifications registered on the National Qualifications Framework are public property. Thus the only payment that can be made for them is for service and reproduction. It is illegal to sell this material for profit. If the material is reproduced or quoted, the South African Qualifications Authority (SAQA) should be acknowledged as the source.