Reference Data/CIA
Which team sets up and maintains assets in CG's system?
Reference Data
* Asset and Fundamental Data Set-up/Maintenance in internal systems
* Create and maintain data records such as country, currency, and industry.
Which team handles trade Processing and settlement?
Trade Operations
•Trade processing and settlement
•Collateral management
Which team is responsible for pricing of security and exchange rates?
Valuations
•Pricing of securities and exchange rates
•Fair valuation process facilitation
•Liquidity testing/monitoring
Which team reconciles cash and asset information between the custodian bank and Capital Group?
ACT (Accounting Control Team)
• Daily cash reconciliations and projections
• Daily asset reconciliations
• Management reporting of aged income, cash and holding breaks, and overdrafts
This is the only Core Ops team to have a presence in all 4 Core Ops locations. (SIO, LDO, HRO and IRV)
Trade Ops
Which team accounts for unique fixed income security transactions and activities using derivatives.
CIA (Complex Instruments Accounting)
Which team is responsible for corporate actions research, instruction, settlement and processing?
Corporate Actions
•Corporate actions research, instruction, settlement and processing
•Record corporate action events and complete all related tasks
Which team is responsible for the ensuring accurate and timely calculation and distribution of fund NAVs and income distributions.
ADAPT (Accounting Distributions & Pricing Team)
* accuracy of the general ledger.
Which team handles contribution, withdrawal and cash wire processing?
PACT (Portfolio Accounting Client Team)
• Contribution, withdrawal and cash wire processing
• Maintain client-specific knowledge
• Global client servicing and support in multiple time zones
Name the 3 current Core Ops Directors.
* Wendy Shiroma
* Becky Park
* Dee Pritchett
Reference Data inputs the asset data into what system?
* RDM (Reference Data Management) - the primary reference data management system for equity and fixed income securities.
What system does Corporate Actions use to scrub data?
CAMP (Corporate Actions Monitoring Platform)
Pricing is handled by the ADAPT team. What is pricing?
Pricing is an "end of day" process whereby mutual fund holdings are updated with today's market value; all accounting activity is summarized and the books are "closed"; and a fund's Net Asset Value (NAV) per share is calculated.
What are two systems used by the ACT team?
(1) PARC (Portfolio Accounting Recon Center) - a vendor application used for various cash and asset reconciliations for data from external sources.
(2) Aladdin - the application that combines risk analytics with comprehensive order management, compliance, trade processing and operations tools on a single platform for Fixed Income.
(3) CSTAR (Capital Straight Through Accounting and Reporting System) - the primary application used to carry out daily operations for creating and processing transactions and calculating daily NAV for all funds.
Name the 3 teams that support Core Ops but are not listed as a category heading.
These teams handle Periodic Functions (Treasurers Office):
* Shareholder Reporting - Audit Coordination
* Governance and Regulatory Reporting - Board reports
* Tax Team - tax compliance
Which team provides income and position information on fixed income and distressed/defaulted securities that is impactful to shareholder and regulatory reporting?
CIA (Complex Instruments Accounting)
What is the name of the book of record for all approved brokers working with our Trade Operations team?
* COBRA
Which team acts as an intermediary between traders and pricing vendors?
Valuations
What two systems are used by the PACT team?
TACT - is a tool used to allocate shareholder flows, maintain the correct investment mix for each Fund of Fund (FoF), provide trade information (i.e. trades and dividend reinvestments) to TPS and to facilitate the Same Day Cash process for FoFs
MAPS- (Multi-Asset Portfolio Solutions) is being developed to take over the duties of TACT and to provide risk reduction through the use of automation.
Name our Fixed Income Portfolio management and trading system
Aladdin