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: 

Maintain system data in an Asset Management back office environment 
SAQA US ID UNIT STANDARD TITLE
117770  Maintain system data in an Asset Management back office environment 
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 6  Level TBA: Pre-2009 was L6  25 
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:
  • Identify system maintenance requirements.
  • Construct links required by the various systems for internal and external straight through processing (STP).
  • Manage data imports and exports. 

  • 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 National Diploma in Asset Management: Level 5. 

  • UNIT STANDARD RANGE 
    This Unit Standard addresses different types of systems that are to be maintained but are not limited to these:
  • Asset management systems
  • Middleware
  • Swift
  • Recon Systems
  • Price Feed Systems
  • General Ledger System 

  • Specific Outcomes and Assessment Criteria: 

    SPECIFIC OUTCOME 1 
    Identify system maintenance requirements. 

    ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    Data inputs required by the systems are identified and explained as per the specifications of each system. 

    ASSESSMENT CRITERION 2 
    Terminology used in data maintenance by the systems is explained as per the specifications of related systems. 

    ASSESSMENT CRITERION 3 
    The impacts relating to different systems data inputs are identified and explained as per the specifications of related systems. 

    ASSESSMENT CRITERION 4 
    The relationships between different systems are identified and explained as per the integration of related systems. 

    SPECIFIC OUTCOME 2 
    Construct links required by the various systems for internal and external straight through processing (STP). 

    ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    Structure and integration rules of each system are explained in accordance with company-defined requirements. 

    ASSESSMENT CRITERION 2 
    Integration between systems is established and managed as per company-defined requirements and IT policy. 

    ASSESSMENT CRITERION 3 
    System breakdowns are investigated and integration is re-established as per company-defined requirements. 

    SPECIFIC OUTCOME 3 
    Manage data imports and exports. 

    ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    Requirements for import and export types are identified as per specifications of the systems. 

    ASSESSMENT CRITERION 2 
    File formats are constructed in line with specifications of the system. 

    ASSESSMENT CRITERION 3 
    Reasonability checks are performed in order to ensure data integrity. 

    ASSESSMENT CRITERION 4 
    Risks and controls are identified and documented to ensure data integrity. 


    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 
    All systems used in the investment transaction process within the company. 

    UNIT STANDARD DEVELOPMENTAL OUTCOME 
    N/A 

    UNIT STANDARD LINKAGES 
    N/A 


    Critical Cross-field Outcomes (CCFO): 

    UNIT STANDARD CCFO IDENTIFYING 
    Identify and solve problems using critical and creative thinking processes by determining the requirements for systems maintenance. 

    UNIT STANDARD CCFO WORKING 
    Work effectively with others as a member of a team to identify what the requirements are to carry out the relevant systems maintenance requirements. 

    UNIT STANDARD CCFO ORGANISING 
    Organize and manage oneself and one's activities responsibly when planning the maintenance on the system. 

    UNIT STANDARD CCFO COLLECTING 
    Collect, analyse, organise and critically evaluate information that is required to carry out imports and exports on the system. 

    UNIT STANDARD CCFO COMMUNICATING 
    Communicate effectively using language skills both orally and in written format in order to gather and provide information that is related to systems management. 

    UNIT STANDARD CCFO SCIENCE 
    Use technology to effectively maintain 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.
  • STP - Straight Through Processing 

  • QUALIFICATIONS UTILISING THIS UNIT STANDARD: 
      ID QUALIFICATION TITLE PRE-2009 NQF LEVEL NQF LEVEL STATUS END DATE PRIMARY OR DELEGATED QA FUNCTIONARY
    Elective  50481   National Certificate: Financial Markets and Instruments  Level 6  Level TBA: Pre-2009 was L6  Reregistered  2023-06-30  BANKSETA 


    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. Azania Currency and Equity Markets 
    2. Chartall Business College 
    3. DC Dali Debt Counsellors 
    4. Duke 
    5. Felix Risk Training Consultants 
    6. Full Value Financial Services (Pty) Ltd 
    7. Injabulo Home Grown Learning and Development Solutions 
    8. Lotus Academy Pty Ltd 
    9. Maharishi Invincibility Institute NPC 
    10. Octopus Training Solutions 
    11. The Academy of Financial Markets 
    12. The Facilitation Workshop 
    13. The Institute of Literacy Advancement 
    14. UCS Education and Training Services (Pty) Ltd 
    15. Welltec Academy (Pty) LTD 



    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.