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 THAT HAS PASSED THE END DATE: 

Operate systems to accommodate the defined situation within a treasury within a banking environment 
SAQA US ID UNIT STANDARD TITLE
7257  Operate systems to accommodate the defined situation within a treasury within a banking environment 
ORIGINATOR
SGB Financial Services 
PRIMARY OR DELEGATED QUALITY ASSURANCE FUNCTIONARY
-  
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 4  NQF Level 04  8 
REGISTRATION STATUS REGISTRATION START DATE REGISTRATION END DATE SAQA DECISION NUMBER
Passed the End Date -
Status was "Reregistered" 		 2003-12-03  2004-08-11  SAQA 1351/03 
LAST DATE FOR ENROLMENT LAST DATE FOR ACHIEVEMENT
2005-08-11   2008-08-11  

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 is replaced by: 
US ID Unit Standard Title Pre-2009 NQF Level NQF Level Credits Replacement Status
117817  Operate systems to accommodate the defined situation within a treasury within a banking environment  Level 4  NQF Level 04  8   

PURPOSE OF THE UNIT STANDARD 
This unit standard is intended for people who trade on the various desks, conduct the treasurer function and monitor risk. Learners are able to operate applicable trading systems, word processing and spreadsheeting systems and company specific information providing systems. 

LEARNING ASSUMED TO BE IN PLACE AND RECOGNITION OF PRIOR LEARNING 
Learners are required to have working knowledge of trading procedures. It is therefore recommended that they complete unit standards TD006. 

UNIT STANDARD RANGE 
Range statements are not fully inclusive. 

Specific Outcomes and Assessment Criteria: 

SPECIFIC OUTCOME 1 
Use applicable trading systems 
OUTCOME RANGE 
Trading system: FEDS, Reuters, Tele Rate and internal information systems. 

ASSESSMENT CRITERIA 

ASSESSMENT CRITERION 1 
1. Terms and conditions of deal are captured correctly as per system specific requirements. 

ASSESSMENT CRITERION 2 
2. Deals are authorised and transmitted to the back office of the Treasury within defined timeframes. 

ASSESSMENT CRITERION 3 
3. Deals conducted telephonically are recorded as per company specified procedures. 

ASSESSMENT CRITERION 4 
4. Client balances, cashflow forecasts, prices and rates are established and integrated into deal as per company specified procedure. 

SPECIFIC OUTCOME 2 
Use applicable word processing and spreadsheeting systems 
OUTCOME RANGE 
Word processing systems: MS Word and Word Perfect.
Spreadsheeting systems: Quattro Pro, MS Excel and Lotus. 

ASSESSMENT CRITERIA 

ASSESSMENT CRITERION 1 
1. Spreadsheets are developed and data is manipulated in order to achieve desired outcomes as per company guidelines. 
ASSESSMENT CRITERION RANGE 
Desired outcomes: reports, analysis, models and profit and loss accounts.
 

ASSESSMENT CRITERION 2 
2. Word processing documents are created and formatted to achieve desired outcomes as per company guidelines. 
ASSESSMENT CRITERION RANGE 
Desired outcomes:- reports, memorandums, communiques and circulars.
 

ASSESSMENT CRITERION 3 
3. Desired outcomes are understood, applied and integrated into work practices as per company specified procedures. 

SPECIFIC OUTCOME 3 
Use company specific information providing systems 
OUTCOME RANGE 
Information providing systems: Reuters, Bloomberg and Telerate. 

ASSESSMENT CRITERIA 

ASSESSMENT CRITERION 1 
1. Understanding of, and the ability to select and manoeuvre through, various screens is explained as per systems operating procedures. 

ASSESSMENT CRITERION 2 
2. Current information relating to market situations is extracted to the specified requirements. 

ASSESSMENT CRITERION 3 
3. Use and application of various relevant models on the system are conducted as per system operating procedures, where applicable. 

ASSESSMENT CRITERION 4 
4. Deals are executed using extracted information and the applicable models as per systems operating procedures, where applicable. 


UNIT STANDARD ACCREDITATION AND MODERATION OPTIONS 
Accreditation process (including moderation):
  • Anyone assessing a learner against a unit standard must be registered as an assessor 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.
  • Moderation of assessment will be overseen by the relevant ETQA according to the moderation guidelines in the relevant qualification and the agreed ETQA procedures.

    Therefore, anyone wishing to be assessed against this unit standard may apply to be assessed by any assessment agency, assessor or provider institution, which is accredited by the relevant ETQA. 
    		•

    UNIT STANDARD ESSENTIAL EMBEDDED KNOWLEDGE 
    Learners display computation skills with the ability to operate systems and verbal communication skills. 


    Critical Cross-field Outcomes (CCFO): 

    UNIT STANDARD CCFO COLLECTING 
    The learner will collect, organise and critically evaluate information when compiling client balances, cashflow forecasts, prices, rates and market situation information that is integrated into the deal. 

    UNIT STANDARD CCFO SCIENCE 
    The learner will display the ability to use science and technology effectively and critically when capturing deals into trading systems, and using applicable word processing and spreadsheeting systems. The learners will further demonstrate this skill when using and applying various models on the information providing system to execute deals. 

    UNIT STANDARD NOTES 
    This unit standard has been replaced by unit standard 117817, which is "Operate systems to accommodate the defined situation within a treasury within a banking environment", Level 4, 8 credits.

    Terminology:

    FEDS, Bloomberg, Telerate and Reuters: types of external information providing systems

    Industry Jargon:

    The following jargon may be encountered when attempting this unit standard:

    ATM - At the Money
    Bear
    Broker
    Bull
    Call
    Close-out
    Cross Rate
    Dealer
    Discount
    Exercise
    Firm
    Forward
    Forward Forward
    Gamma
    Intrinsic Value
    ITM - In the Money
    Jobbing
    Long
    Margin
    Mine
    Open Position
    Option
    OTM - Out the Money
    Overnight
    Par
    Pip, or point
    Premium
    Put
    Rate of Exchange
    Short
    Spot
    Spot against Forward Position
    Spot against Forward Transaction
    Spot next
    Spot-next
    Spread
    Straddle
    Strangle
    Swap
    Time Value
    Tom-next
    Turn
    Value Date
    Vega
    Weak
    Yours 

    QUALIFICATIONS UTILISING THIS UNIT STANDARD: 
      ID QUALIFICATION TITLE PRE-2009 NQF LEVEL NQF LEVEL STATUS END DATE PRIMARY OR DELEGATED QA FUNCTIONARY
    Elective  20185   Further Education and Training Certificate: Banking  Level 4  NQF Level 04  Passed the End Date -
    Status was "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. AAR Trading and Projects (Pty) Ltd 
    2. Advanced Assessments and Training (Pty) Ltd 
    3. Africa Glory Empowerment Services 
    4. Assured Vocational Skills Institute (Pty) Ltd 
    5. Brainwave Project 707 Pty Ltd 
    6. Brainwave Projects 707 
    7. Compuscan Academy 
    8. DC Academy 
    9. Delmas Development Centre 
    10. Fachs Business Consulting and Training 
    11. Gigimo Tourism Academy 
    12. MAT 007 (PTY) LTD 
    13. Matibidi Raphela Investments (Pty) LTD 
    14. Octomate Education Pty Ltd 
    15. Octopus Training Solutions 
    16. Production Management Institute of Southern Africa (Pty) Ltd 
    17. RIAPHATHUTSHEDZA 
    18. SIGNA ACADEMY (PTY) LTD 
    19. Sinovuyolethu Trading (Pty) Ltd 
    20. THE SHERQ CENTRE OF EXCELLENCE 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.