Certified Associate - Securities Data Management

Securities & Capital Markets industry needs different types of data for investment research, trading, securities operations, risk management, investment analytics, and reporting. Securities data management includes sourcing, cleansing, transforming and maintaining securities reference data, entity and client data, market data, security analytics data, economic indicators, financial results, investment and regulatory reporting, etc.


Skill Board Associate certification in Securities data management evaluates candidates for understanding of investment management process, fundamental knowledge of securities data across front, middle and back office processes and the skills to resolve common business problems in operations and technology that enable investment management firms to deliver services to clients. The assessment is conducted through an online remote proctored test.


Candidates can choose between two certification options:


  • Certified Business Operations Associate (CBOA) - Securities Data Management certification is issued to candidates with 1+ years of career experience in Securities & Capital Markets business operations and successfully pass the assessment for the CBOA certification.


  • Certified Business Technology Associate (CBTA) - Securities Data Management certification is issued to candidates with 1+ years of career experience in Securities & Capital Markets technology and successfully pass the assessment for the CBTA certification.

Next available assessment date:

Jun 10
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Who should get certified
  • Business Analysts with 1+ years of experience working in investment banking, asset management, wealth management, custody & asset servicing.
  • Developers and QAs with 1+ years of experience working on capital markets and investment management platforms.
  • Business Operations Associates with 2+ years of experience working with asset management firms and securities industry data providers.
Candidates are evaluated for
  • Understanding of the role of securities reference data.
  • Understanding of instrument reference data and entity data.
  • Understanding of market data and investment research data.
  • Understanding of investment analytics and reporting data.
  • Understanding of regulatory data in the securities industry.
Maintaining the certification
  • Certified Associates are required to recertify after 3 years either by taking a recertification assessment or through continuing education credits.
  • Continuing education credits may be earned by taking industry certifications, participating in industry conferences including professional presentations and writing industry thought papers that get published on skillboard.org or other online forums.
Assessment weightage by Knowledge Area

Capital Markets Industry Basics

Investment Asset Classes & Instruments, Market Intermediaries, Securities Trade Lifecycle.


Securities Reference Data

Instrument Identifiers, Reference Data Attributes, Data Sourcing, Transformation, Derivation Rules and Validation, Security Master, Industry Classification, Data Providers.


Entity Data

LEI Data - Issuers, Markets, Counterparties and Funds. LEI Data Providers.


Market Data

Pricing Data, OTC Derivatives Data, Corporate Actions, Data Quality, Data Vendors.


Investment Research Data

Economic, Sectorial, Quantitative Research, ESG and Alternative Research Data. Financial Statements.


Investment Analytics Data

Benchmark Data, ROR, Security Characteristics & Analytics Data, Performance Attribution.


Investment & Regulatory Reporting Data

Transaction & Position Data, CCAR, MiFID Reporting.


Securities Data Management Technology (for CBTA certification)

Reference & Market Data Applications, Data Sourcing Technology, Cleansing, Transformation, Distribution and Data Storage.