The custodian holds the investments, independently determines value and performance and settles the cash flows via SWIFT. In the standard the custodian usually acts as investment administrator (BA) and sometimes as order platform (model 1b).
One interface per fund client with that client's release.
SWIFT confirmations at T+3 as input for the final NAV.
Pass on corporate actions (message 15) as soon as they are processed in the custody administration.
Deadlines
T+3 final NAV and cash settlement.
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
