Flexible premium arrangement, model 2 (layered order model)
T-4 unit administration: trade instruction (00541) and preliminary NAV (00555b)
Four business days before the transaction date the PUO sends the netted orders (5) and the investment administrator delivers the preliminary unit value per pool (13). On that basis the units to be mutated are determined.
Steps
T-4BA → PUO, FMMessage 13 with preliminaryUnitValueAmount and numberOfUnits per investment pool.00555b
T-4PUO → broker / order deskMessage 5 with the net orders per fund or pool.00541
Rules and consistency checks
Deadline T-4: late means the execution window T to T+3 is missed.
Source: Handleiding paragraaf 4.5 (fase 1)
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
