SII Diploma in Investment Operations

Modules

To complete the SII Diploma in Investment Operations, you must complete three modules.

Module One

There are three choices for you to complete Module One:

• Collective Investment Schemes Administration (CISA)
  The aim of this module is to ensure that candidates have an introduction to Collective Investment Schemes Administration as it relates to operations and administration staff.
  
  Following an introduction to CIS's, the material will look at regulatory controls, constitution of schemes, roles and responsibilities of the players involved and investment and borrowing powers. It will also look at the buying and selling of units or shares, registration and settlement, distribution of income, investor communications and of course, the taxation of collective investments.

• Global Securities Operations (GSO)
  The aim of this module is to ensure that candidates have an introduction to global securities services and administration as far as this relates to the needs of operations and administration staff.
  
  To gain an appreciation of this subject we will need to study the characteristics of securities, examine who are the main industry participants, understand settlement characteristics and have knowledge of other investor services. Finally, it will also be necessary to have a grasp of those aspects of taxation and risk that affect global securities operations.

• Operational Risk (OR)
  The aim of the module is to ensure that candidates have an understanding of operational risk as it relates to the needs of operations and administration staff.
  
  After a brief introduction to the subject, this technical module will investigate what exactly is credit, market and operational risk. It will look at the causes and effects of operational risk and the operational risk cycle. It will then go on to study support and control functions, integrated risk management as well as achieving common standards and protection.

Module Two

There are three choices for you to complete Module Two:

• Advanced Certificate in Operational Risk
• Advanced Certificate in Global Securities Operations
• Advanced Certificate in Investment Schemes Administration

The Advanced Certificates build on the level of knowledge in the first stage and are suitable for individuals operating in roles where an understanding of operational risk issues will be of benefit; such roles include both front and back office staff at supervisory and manager level, with a working knowledge of operational risk issues that affect their own business environment.

Module Three

• Global Operations Management
  This SII Diploma paper provides you with an understanding of operations and settlement procedures, from a management perspective. You will learn how to service effectively the operational and settlement needs of a firm and its clients.