Technical & Operations Board Committee

Chair: Roland Greaver
Deputy Chair: Llewellyn Smith 
ASISA point person: Johann van Tonder

 

This committee focusses on technical and operational processes, procedures and controls to ensure an effective and efficient market infrastructure for the financial services industry. Our objective is to manage/minimise operational and systemic risk through standardisation and the implementation of appropriate market controls.

Key Focus Areas

  • Accounting and Valuation of and Reporting on Investments.
  • Policy Administration: Premium Collections.
  • Cybersecurity and Forensics - Collaboration and Information Sharing.

STANDING COMMITTEES AND WORKING GROUPS: 


ASISA - CSIRT STANDING COMMITTEE

ASISA point person: Johann van Tonder

This committee is mandated to:

  • Assist the financial services industry in combating cyber crime and to improve cyber security,
  • Engage with the Regulators and other industry participants on issues relating to cyber security,
  • Contribute towards the improvement of skills in SA to combat cyber crime and improve cyber security standards.

CIS OPERATIONS STANDING COMMITTEE

ASISA point person: Johann van Tonder

This committee deals with operational matters in the CIS industry to facilitate effective and efficient processes and infrastructure. This committee also establishes industry standards and guidelines related to fund accounting, financial reporting, legislation and regulation.


FORENSIC STANDING COMMITTEE

ASISA point person: Brad Frank

This committee focusses on the detection, prevention and investigation of fraud and financial crime in the savings, insurance and investment industry.


INVESTMENT OPERATIONS STANDING COMMITTEE

ASISA point person: Johann van Tonder

This committee considers and influences the development and implementation of investment industry processes to facilitate an effective and efficient standardised market infrastructure utilising both technology and operational processes.


PAYMENT PROCESSES STANDING COMMITTEE 

ASISA point person: Johann van Tonder.

This committee considers and influences the development and implementation of effective and efficient standardised payment processes to safeguard industry participants and consumers. This includes the initiation of payment mandates, debit order collections, payroll collections, and payment rules.


REPORTING STANDING COMMITTEE

ASISA point person: Johann van Tonder

This committee focusses on regulatory and industry reporting to enable standardisation of content and formats of reports to clients, regulators, administrators and investment consultants.


VALUATIONS STANDING COMMITTEE

ASISA point person: Johann van Tonder

This committee reviews the valuation of investment instruments focussing on industry standards for pricing data, valuation methodologies for specific instruments, interest valuations, and the interpretation of results.

ASISA Nominations Procedure