Roles

VB-PUO for the Self-administering fund (ZAF)

A fund that runs administration and asset management in-house plays the PUO role and parts of the VB roles at the same time. The standard still applies: the messages run between the internal administrations or to the external investment administrator and fiduciary.

Sends

• 0001a Capital
• 0001b Cashflow
• 0001c Pension projection
• 00541 Trade instruction
• 00553 Control information investment pools

Receives

• 00002 Return on investment
• 00542 Order confirmation
• 00555b Value information investment pool
• 00557 Corporate actions

Checklist

• Fix the roles per message internally too, so a later outsourcing does not change the interface.
• DNB pays extra attention to self-administering funds without proven Wtp software; a validated message flow is evidence of control.

Deadlines

• Follows the fund's TOM.