DTCC SERVICES OVERVIEW OF ROLES: INSTITUTIONAL TRADE PROCESSING

Transcription

1 DTCC SERVICES OVERVIEW OF ROLES: INSTITUTIONAL TRADE PROCESSING JUNE 13, 2018

2 Copyright 2018 The Depository Trust & Clearing Corporation ("DTCC"). All rights reserved. This work (including, without limitation, all text, images, logos, compilation and design) is proprietary and protected by copyright, and is for the exclusive use of users authorized by DTCC. If this work is received from DTCC in any electronic medium, authorized users of this work are granted a limited, non-exclusive, non-transferable, nonsublicensable and freely revocable license to make reproductions and transmissions necessary for downloading and storage of this work on the users' computers and to print one or more paper copies from the electronic version for their own use. Other than to this limited extent, no part of this work (including any paper copies thereof or print versions thereof) may be printed, copied, altered, modified, posted, reproduced, displayed, published, sold, licensed, used or distributed (including by transmission) in any form or by any means, or stored in any information storage and retrieval system, without DTCC's prior written permission. DTCC is the brand name under which certain affiliates of The Depository Trust & Clearing Corporation provide services in particular geographic areas. The Depository Trust & Clearing Corporation does not provide services to clients. Each of The Depository Trust & Clearing Corporation s affiliates is a legally separate and independent entity, and each is subject to the laws and regulations of the particular country in which it operates. Please see for more information on the legal structure of The Depository Trust & Clearing Corporation and its related entities. All product or service names are the property of their respective owners. Publication Date: June 13, 2018 Publication Code: CP107 Title: Overview of s: Institutional Trade Processing

3 CONTENTS Contents 3 Preface 4 Audience 4 Changes in This Version of the Document 4 Related Documents and Training 4 Questions? 4 Overview 5 Introduction 5 ALERT and ALERT Plus 5 General and Data Authentication 5 ALERT Plus 5 CTM 6 General 6 Dashboard 7 User Interface Version 3.0 (Trade Blotter) 7 Third Party Notification (MAGR) 7 Third Party Notification (NMAG and NMAT) 7 Copy For Information (CFI) 8 User Interface Version TradeSuite ID on the Web 8 DTCC Exception Manager 9 Connect 9 Trades and Settlement Management Users 9 System Administrators 9 insite 9

4 Overview of s: Institutional Trade Processing PREFACE This document describes roles available to clients who use DTCC's Institutional Trade Processing services as follows: ALERT and ALERT Plus CTM TradeSuite ID on the Web DTCC Exception Manager Connect insite Audience This document is intended for business users of DTCC user interfaces. Changes in This Version of the Document This version includes updates to the DXM roles. Related Documents and Training For related documents and training in the DTCC Learning Center, go to Institutional Trade Processing area and select the service you are using. Questions? The DTCC Client Center provides general assistance and technical help. Visit to: Enter a service request or check the status of an existing service request Search the knowledge base Obtain contact information Preface 4

5 Overview of s: Institutional Trade Processing OVERVIEW Introduction The user roles in this document cover the following DTCC services: ALERT and ALERT Plus CTM TradeSuite ID on the Web DTCC Exception Manager Connect insite ALERT and ALERT Plus The following tables outline the ALERT and ALERT Plus roles and corresponding descriptions. General and Data Authentication Table 1 describes general and Data Authentication roles in the ALERT platform. Table 1 General Primary Acronym Read Write ALERT Data Authentication Administration The primary organization is where these credentials will be created. Access to roles within other organizations will be granted based on your request. DTCC may need to establish an On Behalf Of (OBO) relationship between these organizations if one does not already exist in order to facilitate your access request. Provides view access to the ALERT platform for this user. Provides update access to the ALERT platform for this user. Administration role for the ALERT Data Authentication authorizations. It grants an individual the access to determine Data Authentication roles for other users. Data Authentication permissions are set up in Manage My Services at ALERT Plus Table 2 on the next page describes roles available to investment managers who subscribe to the ALERT Plus module features. Note Global custodians who are ALERT web user interface users automatically have access to ALERT Plus. Overview 5

6 Overview of s: Institutional Trade Processing Table 2 ALERT Plus Read (for IM ALERT Plus) Search (for IM ALERT Plus) Upload (for IM ALERT Plus) Provides view access to ALERT Plus service functionality. Legacy use only. Enables investment managers and investment manager outsourcers with the appropriate permissions to upload new and changed data to the ALERT platform using template files. CTM The following tables outline the CTM user interface (UI) roles and corresponding descriptions. It covers UI versions 2.0, 3.0, and 4.0. For roles specific to 2.0 and 3.0 see the corresponding sections. General Table 3 describes exception processing roles available in the CTM UI. Table 3 General Primary Acronym View Access Manage Trades Amend Trades Force Pair Force Match Cancel Trade Reject Cancel Reject Trade Manual Entry View Match Agreed Information The primary organization is where these credentials are created. Access to roles within other organizations will be granted based on your request. DTCC may need to establish an "On Behalf Of" (OBO) relationship between these organizations if one does not exist to facilitate the access request. Provides view access to the CTM service. Enables the user to submit messages (TradeLevels, TradeDetails, and so forth) and close errors within the CTM UI. Enables the user to amend blocks (TradeLevels) and allocations or confirmations (TradeDetails). Available only for investment managers. Enables the user to force pair a TradeLevel on its organization's side of a trade with a TradeLevel on the counterparty's side. This action results in the user's Level 1 values being amended by the system to match those of the counterparty. Available only for investment managers. Enables the user to force match trade components on its organization's side of a trade with trade components on the counterparty's side or force match a whole trade side. This action results in the user's Level 2 values being amended by the system to match those of the counterparty (except the Security Code, which is not amended). Enables the user to cancel TradeLevels and TradeDetails. Applies to the cancellation of both NOT MATCH AGREED (NMAG) and MATCH AGREED (MAGR) trades. Enables the user to reject a cancel request from counterparties. Enables the user to reject TradeLevels and TradeDetails back to the counterparties. Allows users to manually enter trades. Available only for investment managers. Provides access to a predefined set of fields in a Match Agreed tab on the Version 3.0 user interface (trade blotter). Columns cannot be added or removed from this view as it was designed to export information for Net Asset Value (NAV) calculations. Overview 6

7 Overview of s: Institutional Trade Processing Dashboard Table 4 describes investment manager's roles and corresponding descriptions for the CTM Dashboard located at: Client Test Production They pertain to administration of matching profiles and broker matching groups (BRMGs). Table 4 Dashboard Maker Matching Profiles Checker Matching Profiles SuperUser Matching Profiles Maker Broker Matching Groups Checker Broker Matching Groups SuperUser Broker Matching Groups Allows creation and amendment of matching profiles, pending approval by a second user. Allows the approval of new and updated matching profiles, with the changes effective from designation of the role onward. Allows a user to create and maintain matching profiles without additional approval. Allows creation and amendment of BRMGs, pending approval by a second user. Allows the approval of new and updated BRMGs, with the changes effective from designation of the role onward. Allows a user to create and maintain BRMGs without additional approval. User Interface Version 3.0 (Trade Blotter) Third Party Notification (MAGR) Table 5 describes investment manager's roles for the management of third party notification messages when the trade is MATCH AGREED (MAGR). Table 5 Third Party Notification (MAGR) View Third Party Detail Release Third Party Detail Amend Third Party Detail Cancel Third Party Detail Stop Third Party Detail Enables the user to view all Third Party notification information. Enables the user to release third party notifications. Enables the user to amend eligible third party details. Enables the user to cancel third party notifications while retaining the trade in a MAGR status. Enables the user to stop third party notifications, blocking any further action from being taken on the notifications. Third Party Notification (NMAG and NMAT) Table 6 describes investment manager's roles for the management of third party notification messages when the trade is MATCH AGREED (MAGR) or NOT MATCH AGREED (NMAT). Table 6 Third Party Notification (NMAG and NMAT) Create Third Party Detail - NMAG Create Third Party Detail - NMAT Enables the user to manually create a third party notification when the trade is in NOT MATCH AGREED (NMAG) status. Enables the user to manually create a third party notification when the TradeLevel or TradeDetail Match status is UNMATCHED (NMAT). Overview 7

8 Overview of s: Institutional Trade Processing Table 6 Third Party Notification (NMAG and NMAT) (continued) Amend Third Party Detail - NMAG Release Third Party Detail - NMAG Cancel Third Party Detail - NMAG Stop Third Party Detail - NMAG Enables the user to amend third party notifications created for trades in a NOT MATCH AGREED (NMAG) status. Enables the user to release third party notifications created for trades in a NOT MATCH AGREED (NMAG) status. Enables the user to cancel third party notifications created for trades in a NOT MATCH AGREED (NMAG) status. Enables the user to stop third party notifications created for trades in a NOT MATCH AGREED (NMAG) status. Copy For Information (CFI) Table 7 describes CFI user roles. Table 7 CFI 2.0 View CFI Information Provides view-only access to MATCH AGREED (MAGR) and CANCEL MATCH AGREED (CMAG) trade information. User Interface Version 2.0 Table 8 describes investment manager's roles for settlement notification. Table 8 Settlement Notification v2.0 View SN Provides read-only access to settlement notification messages. Repair SN Enables the user to amend eligible settlement notification data. Release SN Enables the user to release the settlement notification to the recipient. Delete SN Stops the settlement notification. Cancel SN Cancels the settlement notification, while retaining the trade in a MAGR status. TradeSuite ID on the Web Table 9 outlines the roles and corresponding descriptions in TradeSuite ID on the Web. Table 9 TradeSuite ID on the Web s Module Broker Trade Input (BTI) BTI View Confirms Export data only Submit Trade Input Import and export data Confirm/Affirm Confirm/Affirm View Confirm View only Confirm/Affirm View and Update Confirm Read and write access ID Directory View ID Directory View TradeSuite ID information NearMatch View NearMatch Confirms View only View and Update NearMatch Confirms Read and write access Overview 8

9 Overview of s: Institutional Trade Processing DTCC Exception Manager Table 10 describes the roles available in the DTCC Exception Manager UI. Table 10 General Exception Manager Access (Read Only) Exception Manager Edit (ReadWrite) Exception Manager Assign Exception Manager ChangeStatus DXM Contact Display Taskize for TSM View Dashboard, view Worklist (eexceptions), and view Comments. Add comment, create, and dissolve groups. Assign the user to exception or group. Change exception status. Add the user to the Contacts list. Enable the user to communicate information about exceptions using Taskize. Connect The following tables outline the Connect user interface roles and corresponding descriptions. Trades and Settlement Management Users For Trades Management and Settlement Management users, you can deploy read-only and update capabilities described in Table 11. Table 11 Trades and Settlement Management Name IM Full Access IM Read Only IM Settlement Settlement Read Only View new trades and amend trades. View trades. Default value for On-Behalf-Of (OBO) users with OBO privileges to a separate org. For users with no other value in the Connect service, it is the default value. View and manage all Connect service settlements. View Connect service settlements. System Administrators For system administrators, you can deploy capabilities with the role described in Table 12. Table 12 System Administrators and Technical Users Name Client Admin Configure, save, and assign a custom grid view to other users. insite outlines the insite service roles and corresponding descriptions that apply to both CTM and TradeSuite ID service users. Overview 9

10 Overview of s: Institutional Trade Processing Table 13 insite Name Broker/Dealer Disclosure User Confirm Disclosure Broker Maker Confirm Disclosure Broker Checker Confirm Disclosure Broker Manager Allows search and view of confirm disclosures Allows user to upload confirm disclosures for approval by another user Allows user to approve confirm disclosures uploaded by another user For organizations not using the maker checker roles, allows user to upload confirm disclosures without approval from another user. Note An organization cannot mix maker/checker roles with broker manager. If an organization is using a maker/checker feature, then it must have at least one maker and one checker. Overview 10

11 FOR MORE INFORMATION DTCC Learning at: or visit us on the web at: