Flexible premium arrangement, model 2 (layered order model)
T-4 control information: 00553 to the fiduciary and 0001c to the LDI manager
At T-4 the fiduciary receives per investment pool the net buy or sell requirement (message 10) from the PUO or the investment administrator, and the LDI manager receives the interest-rate risk profile (message 3). With that the fiduciary instructs the operational asset managers.
Steps
T-4PUO or BA → FMMessage 10 with buySellId, tradeValueAmount and units per pool.00553
T-4PUO → LDI managerMessage 3 as the profile of the interest-rate sensitivity of the expected payments.0001c
T-4 to TFM → asset managers (bilateral)Instructions to operational managers and brokers outside the standard.
Rules and consistency checks
Who sends message 10 (PUO or BA) follows from who keeps the unit administration; SIVI is clarifying this following issue #142.
Source: Handleiding paragraaf 4.5 (fase 2, stappen D en E)
Attribution. Source: SIVI – VB-PUO Standard. Schemas, attribute descriptions and code lists are taken unchanged from the VB-PUO Standard (owned by the Pensioenfederatie, managed by SIVI) and shown with their release and version. Explanations, examples, error descriptions and translations are by WTP Data Lab and are not part of the standard. GitHub Stichting-SIVI/VBPUOdsk · Manual · sivi.org
