CISI Platforms (IOC) case studies
CISI Platforms (IOC) · Put your knowledge to work in context.
The CISI Level 3 Certificate in Platforms is a specialist unit within the Investment Operations Certificate (IOC) suite, awarded by the Chartered Institute for Securities & Investment (CISI). It is designed for staff who work with, or alongside, investment platforms: platform operations and administration teams, client servicing and onboarding staff, paraplanners, compliance and risk analysts, and advisers seeking a formal grounding in how platform businesses actually run. The CISI Platforms (IOC) case studies are 5 cases and about 2,941 words.
1The reluctant DB transfer and the insistent client
David, 58, is a member of a private-sector defined benefit (DB) scheme with a CETV of £480,000 and safeguarded benefits including a spouse's pension and RPI-linked increases. He also has a £120,000 SIPP on a platform.
638 words, about 3 min2The 11:57 switch that was recorded at 12:04
On a platform, a client holds £300,000 in an OEIC (Fund A) with a 12:00 valuation point and £8,000 in cash. At 11:57 on Monday she submits an online instruction to switch £200,000 from Fund A into an ETF that trades on-exchange and settles T+2.
637 words, about 3 min3The cash interest spread and the fee deduction
Mrs Patel, 68, has £75,000 in cash within her platform SIPP, awaiting a decision on a discretionary managed portfolio. She is risk-averse and expects to rely on the SIPP for income from next year.
607 words, about 3 min4The overseas lump sum and the nephew's account
Mr Chen, 72, UK resident, applies to open a SIPP and transfer £400,000 from the sale of an apartment in Cyprus. The sale contract is in the name 'Wei Chen', his passport says 'Wei-Hung Chen', and the funds are currently in a bank account in Bulgaria in his cousin's name.
611 words, about 3 min5The March ISA top-up and the Bed & ISA
On 18 March, Mr Okafor, 45, asks his platform to: (i) subscribe £20,000 cash to his stocks and shares ISA for 2024/25; (ii) sell £30,000 of shares from his general investment account (GIA) and 'Bed & ISA' them into the same stocks and shares ISA; (iii) open a Lifetime ISA with £4,000; and (iv) open a Junior ISA for his daughter with £9,000. The platform's records show he subscribed £5,000 to a cash ISA in April 2024 and transferred that cash ISA to the platform in January 2025.
448 words, about 2 min