Skip to main content


Technology in Investment Management

Module description

This module is intended for Investment Operations Specialist Degree Apprenticeship students who would like an introduction to the role of information technology (IT) in the financial services industry from the perspective of investment operations. The module introduces the industry participants and financial instruments and describes the regulatory environment in which investment management firms operate. IT management issues are discussed, covering the management of day-to-day operations, the management of business change, the selection of suppliers of new applications and the impact of outsourcing and offshoring

Full module specification

Module title:Technology in Investment Management
Module code:BEF1013DA
Module level:1
Academic year:2023/4
Module lecturers:
  • Athanasios Triantafyllou - Convenor
Module credit:30
ECTS value:






Duration of module: Duration (weeks) - term 3:


Module aims

This module aims to provide students with a broad understanding on the fundamentals of Technology in the financial services industry. The module introduces a background to the functional flow of financial instruments, the role of IT in different stages of investment operation process, the impact of IT on financial control, and the scope of financial services regulatory framework the UK.


This module shows how an understanding of the roles and responsibilities within the IT department can be provided to support an organisation’s management, planning, control, and governance in investment operations process. The overall aim is to introduce IT in investment operations, together with the awareness of how these systems are supported, and how they fit within the wider business and the sector.

ILO: Module-specific skills

  • 1. Describe the role of the financial intermediaries within the financial services industry
  • 2. Discuss the function of authority regulators in the financial services industry and major technology implications
  • 3. Identify the functional flow of financial instruments
  • 4. Describe the role of technology in the front office and different settlement stages
  • 5. Appraise the impact of technology on financial control
  • 6. Distinguish the key roles and responsibilities within the technology department and IT governance
  • 7. Appraise the importance of project planning, control, and governance
  • 8. Identify the key stages of a software development life cycle, different software development methodologies and technology delivery
  • 9. Recognise the need for testing, the impact of disruptive innovation and its importance to quality assurance
  • 10. Apply the technology services procurement process

ILO: Discipline-specific skills

  • 11. Apply IT and technology skills, regulatory and market systems and processes, and how they support the wider business
  • 12. With guidance identify, synthesise, analyse, and present appropriate information to assist management with IT planning and control in investment operation decisions

ILO: Personal and key skills

  • 13. Perform specialised tasks which may be complex and/or non-routine, according to the specific needs of the business nature
  • 14. Handle complex processes and multiple IT systems, as and when required
  • 15. Apply awareness of individual, team and business dynamics to foster a supportive and collaborative environment

Learning activities and teaching methods (given in hours of study time)

Scheduled Learning and Teaching ActivitiesGuided independent studyPlacement / study abroad

Details of learning activities and teaching methods

CategoryHours of study timeDescription
Scheduled Learning & Teaching activities14 hours (2 days)Masterclass/workshops
Scheduled Learning & Teaching activities40 hoursOnline lectures, webinars and ELE activities
Scheduled Learning & Teaching activities16 hoursRevision on CISI’s Revision Express
Guided independent study230 hoursReading and research, web-based activities, assignment and exam preparation and work-based application of theory

Formative assessment

Form of assessmentSize of the assessment (eg length / duration)ILOs assessedFeedback method
Mock exam1 hour 50 MCQs1-10Marks and written generic group feedback
Online DiscussionOnline discussion contributions1-15Online discussion feedback from peers and lecturer
Regular online quizzesRelevant quizzes, each taking about 20 minutes1-15Correct answers on ELE

Summative assessment (% of credit)

CourseworkWritten examsPractical exams

Details of summative assessment

Form of assessment% of creditSize of the assessment (eg length / duration)ILOs assessedFeedback method
Exam501 hour 50 MCQs1-10Marks and written generic group feedback
Applied exercise assignment503000 words1-15Individual written

Details of re-assessment (where required by referral or deferral)

Original form of assessmentForm of re-assessmentILOs re-assessedTimescale for re-assessment
Exam50% 1-hour 50 MCQs1-106 weeks
Applied exercise assignment50% 3,000 words1-156 weeks

Re-assessment notes

Defer – as first time

Refer – capped at 40%

Syllabus plan

  • Technology in Investment Management
  • The Regulatory Framework
  • Technology and the Functional Flow of Financial Instruments
  • The Role of Technology in Trade Capture
  • The Role of Technology in the Pre-Settlement Phase
  • The Role of Technology in the Settlement and Post-Settlement Phases
  • The impact of Technology on Financial Control
  • Technology Management
  • Managing Business Change
  • Technology Services Procurement

Indicative learning resources - Basic reading

  • Technology in Investment Management (Investment Operations Certificate) Workbook Edition (most recent edition), the Chartered Institute for Securities and Investment.

Module has an active ELE page?


Indicative learning resources - Web based and electronic resources

Revision Express (CISI), online materials on ELE

Origin date


Last revision date