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: 

Manage and support systems used in Asset Management administration 
SAQA US ID UNIT STANDARD TITLE
117772  Manage and support systems used in Asset Management administration 
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  15 
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:
  • Manage system access requirements and authorisation.
  • Perform analysis of system related problems.
  • Provide proposals for implementation of new and enhanced software. 

  • 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 
    The scope of this Unit Standard covers various types of systems that are to be managed in a Asset Management back office environment, such system may include but are not limited to:
  • Asset Management Systems
  • Middleware
  • Swift
  • Recon Systems
  • Price Feed Systems
  • General Ledger System 

  • Specific Outcomes and Assessment Criteria: 

    SPECIFIC OUTCOME 1 
    Manage system access requirements and authorisation. 

    ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    User access levels are identified and explained in terms of the system functionality. 

    ASSESSMENT CRITERION 2 
    Security capability is explained according to the system functionality. 

    ASSESSMENT CRITERION 3 
    New users and changes to user access are performed as per instruction and in accordance with company procedure. 

    ASSESSMENT CRITERION 4 
    Risks associated with incorrect profile allocations are explained as per defined company procedures. 

    ASSESSMENT CRITERION 5 
    User access reports are generated as per defined company procedure in order to validate user profiles. 

    SPECIFIC OUTCOME 2 
    Perform analysis of system related problems. 

    ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    Reported system problems are investigated as per company help desk procedures. 

    ASSESSMENT CRITERION 2 
    Problems are analysed to determine the cause and anticipated time frames for resolution is provided and managed in accordance with help desk service levels. 

    ASSESSMENT CRITERION 3 
    Solutions are implemented or escalated to relevant service provider as defined service levels agreements. 

    SPECIFIC OUTCOME 3 
    Provide proposals for implementation of new and enhanced software. 

    ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    Proposals are generated in line company procedure. 

    ASSESSMENT CRITERION 2 
    Matrix of possible solutions is generated in line with company procedure. 

    ASSESSMENT CRITERION 3 
    Chosen solution is tested, implemented and signed off in line with company procedure. 


    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 
    The learner will be able manage and support all systems used in an Asset Management environment. 

    UNIT STANDARD DEVELOPMENTAL OUTCOME 
    N/A 

    UNIT STANDARD LINKAGES 
    N/A 


    Critical Cross-field Outcomes (CCFO): 

    UNIT STANDARD CCFO IDENTIFYING 
    Identify and solve systems related problems using critical and creative thinking. 

    UNIT STANDARD CCFO WORKING 
    Work effectively with others as a member of a team in order to ensure the support on the system is what the team requires. 

    UNIT STANDARD CCFO ORGANISING 
    Organize and manage oneself and one's activities responsibly and effectively to ensure that the management of the system runs according to plan. 

    UNIT STANDARD CCFO COMMUNICATING 
    The learner is able to communicate effectively using language skills when compiling proposals for software enhancements. 

    UNIT STANDARD CCFO SCIENCE 
    Use science and technology effectively in the process of supporting the asset management 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:

    Legal:
  • Cobit Requirements

    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 

  • 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.