Scottish Investment Operations (SIO) wins Innovation Award for new Diploma in investment accounting
Published: 10 December, 2009
On Thursday 22nd October 09, Scottish Investment Operations (SIO) won the Innovation in Education and Skills award that was held at the Scottish Financial Enterprise Innovators' awards for its work on developing the first Diploma in Investment Accounting.
The diploma will be delivered by two partners - the Chartered Institute of Bankers in Scotland and the Institute of Chartered Accountants of Scotland - and will offer for the first time a recognised and transferrable qualification in investment accounting. Prior to the creation of the specialist qualification, there was no industry-wide standard qualification for accountants working in investments or fund management.
"The qualification will be marketed worldwide, with a focus on Luxembourg, Dublin and other key centres. Developing an industry standard will help companies attract and retain talent as well as give accountants who specialise in this area a recognised and transferrable qualification," said Alan Thornburrow, CEO of SIO.
Other contenders for the award were Heriot Watt University for an MSc in Quantitative Risk Management and the Open University for a new Diploma in Financial Services.
www.sio.org.uk
www.investmentaccounting.org.uk
