To complete the CISI 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 CISI 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.