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 
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   

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  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. Absa Learning & Development 
    3. Advanced Assessments and Training 
    4. Africa Glory Empowerment Services 
    5. Azania Currency and Equity Markets 
    6. Bidvest Bank 
    7. Brainwave Projects 707 
    8. CAMBLISH TRAINING INSTITUTE 
    9. Campion Business School 
    10. Chartall Business College 
    11. Civilkox Trading Enterprise (Pty) Ltd 
    12. Compuscan Academy 
    13. Cornerstone Performance Solutions (Pty) Ltd 
    14. DC Dali Debt Counsellors 
    15. Delmas Development Centre 
    16. Fachs Business Consulting and Training 
    17. Felix Risk Training Consultants 
    18. Fungi Business Consulting (Pty) Ltd 
    19. Gigimo Tourism Academy 
    20. Harambe Trading Enterprise Pty Ltd 
    21. ILUBALETHU PROJECTS 
    22. Jumpstart Your Career 
    23. Lablab Agri Professionals 
    24. Legal Practice Academy 
    25. Mabele NKL Holdings Investments 
    26. Magala Accountants (Pty) Ltd 
    27. Marsillo Consulting 
    28. Masikila Training Solution (Pty) LTd 
    29. MAT 007 (PTY) LTD 
    30. Matibidi Raphela Investments (Pty) LTD 
    31. Ndiwatendi General Enterprise (PTY) Ltd 
    32. Nedbank Ltd 
    33. Newdeal credit Bereaux Solutions and Trainings 
    34. Octomate (Pty) Ltd 
    35. Octopus Training Solutions 
    36. Piquant Trading 
    37. Production Management Institute of Southern Africa 
    38. PTS College 
    39. Retshetse Training Project 
    40. Riaphathutshedza (PTY) LTD 
    41. Roma Training Institute (Pty) Ltd 
    42. Signa Academy 
    43. Simba Skills Consultants 
    44. Sinovuyolethu Trading Pty Ltd 
    45. Standard Bank Personal and Business Banking 
    46. The Facilitation Workshop 
    47. Tseleka Trading Enterprise (Pty) Ltd 
    48. UCS Education and Training Services (Pty) Ltd 
    49. Welltec Academy (Pty) LTD 
    50. XPL Skills Development 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.