Caption - Dinesh Saparamadu Chairman SLASSCOM (Sri Lanka Association of Software and Service Companies) exchanging the MOU with Arwa Tapia, Country Head – CISI (India, Sri Lanka and Mauritius)
The Chartered Institute for Securities & Investments (CISI) and The Sri Lankan Association of Software and Service Companies (SLASSCOM) have signed a Memorandum of Understanding which aims to support capacity building for the financial services sector in Sri Lanka.
The CISI is the leading examining, training and membership body for those working in the securities and investment industry, with over 40,000 members who benefit from its programme of professional and social events globally. SLASSCOM is Sri Lanka’s trade body representing IT and business process outsourcing (BPO) companies.
The agreement focuses on the promotion of CISI’s qualifications to SLASSCOM member firms working in the Sri Lankan financial services industry.
Those qualifications to be promoted include the:

  • International Introduction to Investment– specifically designed to meet the needs of new market entrants, with particular focus on international markets.
  • IT in Investment Operations (ITIO) – a practical and relevant exam for IT practitioners working in financial services.
  • International Investment Administration (IIAQ) – a practitioner-led  qualification for administration and operations staff working in financial services.

Joint initiatives supported by both the CISI and SLASSCOM in Sri Lanka will include promoting Sri Lanka as an outsourcing destination for Finance Business Process Outsourcing and promoting Continuing Professional Development (CPD) programmes on current themes relevant to the industry.
Simon Culhane Chartered FCSI, CISI CEO said: “We are very pleased to enter into this partnership with SLASSCOM. This initiative will bring our qualifications and CPD programmes to the heart of the Sri Lankan financial services community, contributing further to local skill levels and thereby helping the industry to build a world class reputation for excellence.”
Ms Arwa Tapia, CISI Country Head – Sri Lanka and India, said: “Our globally recognized qualifications have experienced a high uptake amongst BPO and IT companies in India and other key outsourcing areas. We are confident these qualifications as endorsed by SLASSCOM will contribute to the development of an adequately trained talent pool to meet the future challenges the industry holds.”
Dinesh Saparamadu, Chairman of SLASSCOM said: “We see great potential for Sri Lankan IT-BPO companies in the Financial services sector. We expect this partnership with CISI will help increase the number of qualified professionals available for the industry, to take advantage of global opportunities in securities and investment domains. SLASSCOM is on a mission to help IT-BPO industry become the largest export revenue earner for Sri Lanka and views capacity building as a key enabler in achieving this goal.”
About Chartered Institute for Securities & Investment:
The CISI’s mission is to help members attain, maintain and develop their knowledge and skills and to promote the highest standards of ethics and integrity in the securities and investment industry.
Evolved from the London Stock Exchange, we now have more than 40,000 members in 89 countries. In the past year we set almost 40,000 examinations in 49 countries, covering a range of vocational qualifications.
Based in the City of London, CISI is a global organisation with representative offices in financial centres such as Dublin, Singapore, Dubai and Mumbai.  We work in close cooperation with regulators, firms and other professional bodies worldwide.  The Institute was granted a Royal Charter in 2009.
For further information on the Chartered Institute for Securities & Investment contact LoraBenson, Head of Media, London UK Tel:    
   +44 (0) 20 7645       0662/            +44 (0)7801 521034       or .
SLASSCOM acts as the catalyst of growth for the Sri Lankan IT and BPO industry by facilitating trade and business, propagation of education and employment, encouragement of research and innovation, and by supporting the creation of a progressive national policy framework. Follow @SLASSCOM on twitter or visit for more information.