Digital Technology Application
Competency Title:
Digital Technology Application
Competency Type:
Functional
Competency Description
This competency refers to the ability to operate appropriate technology and applications to carry out assigned tasks. The scope includes the use of ICT platforms, systems, devices and interfaces in performing tasks related to information processing and data management.
Level 1 - Awareness
Level 1
• Recognise the contribution of technology to capital market development.
• Identify the various technologies deployed in the capital market industry.
• Recognise business application usage in capital market activities.
• Recognise the impact of technology on the capital market industry.
Level 2 - Knowledge
Level 2
• Explain the impact of technology on the capital market industry.
• Summarise the benefits of using technology in the capital market business.
• Describe the use of business applications in capital market activities.
• Identify emerging technological advancements impacting the capital market.
Level 3 - Skill
Level 3
• Adapt and learn new ways to do work in line with technological advancements.
• Apply appropriate ICT tools or applications to accomplish different business purposes.
• Operate specific ICT business applications in various phases of business processes.
• Analyse the impact of technology and recommend changes to business processes.
Level 4 - Mastery
Level 4
• Formulate strategy to deploy latest technology into business processes.
• Analyse impact and benefits of deploying technology to achieve business objectives.
• Recommend suitable business applications for specific business purposes.
• Adapt business structure and processes to capitalise on technological advancements.
Level 5 - Expert
Level 5
• Evaluate effectiveness of technology deployment in the business.
• Appraise the effectiveness of technology application and utilisation.
• Design business applications suitable for specific business purposes.
• Establish new market structure based on product innovation enabled by new technology.