Overview
Why we have Custodian
custodian holds customers’ securities for safekeeping.
Name a Fund Accounting Platform
InvestOne, Eagle, IAS, W360
LTIMindtree
Name a type of IPA client
Pension Plan
Endowments and Charitable Organizations
Employee Benefit Plans and Retirement Compensation Arrangements
OSFI Regulated Insurance Trusts
Other corporate entities
What is CDS?
Canadian Depository for Securities
Who we serve
Asset Managers, Asset Owners, Insurance Companies, Global Financial Institutions
What is a NAV
NAV (Net Asset Value) = Assets-Liabilities/Shares
What is Fundserv
An external self-service
transaction, settlement and clearing
system used across the industry.
Fundserv allows us to works with clients
on this platform in a highly automated and
standard way
What is TRD
Target Reporting Date
What Cash Processing Teams Process
Cash processing teams process incoming and outgoing cash activity, as well as transfers between accounts, that have been instructed by the client or their OCIO (Outsourced Chief Investment Officer). This cash activity is not typically tied to trade settlement.
What We Do (Name 3 services)
Custody/ Fund Accounting and Administration/ Investor and Plan Member Services/ ETF Services/ Alternative Fund Services/ Data and Platform Solutions/ Investment Analytics/ Markets/ Middle and Front Office
What is Capstock?
❖Issued to raise capital
❖Subscriptions & redemptions of an investment fund
❖Investors own units of fund
❖Units outstanding of an investment fund
How many teams in RK?
8
Client received Accounting Reports through...
NEXEN
What is GSP and IMMS
Global Securities Processing (GSP)
International Money Management System (IMMS)
Assets under Administration
$C2.8T
What drives the distribution calculation basis.
Tax status of funds
Tax losses (i.e., capital loss carryforward and non-capital loss carryforward)
Tax treatment of discretionary items
Name a RK Service
Call Centre, Client Relationship, Dealer Relations, Account Admin, Trust Accounting, Tax Services and Reporting, Operation Support.
The 2 types of defined pension plans.
Benefit and Contribution
Who are the players in the Trade Settlement Process Flow
CIBC Mellon, Institutional Investor / Investment Manager, Broker, Central Securities Depository / Sub
CIBC Mellon Trust Company
Applications/Software used by Financial Reporting
Confluence
Print Ready Platform (InvestorCom / Toogood)
Excel Template
Who is the VP of RK
Amanda Coones
How many pensioners we paid monthly?
over 428,000
Types of Corporate Actions and Income Events
•Dividend and Interest Income
•Mergers
•Name changes
•Dutch Auctions
•Conversions
•Warrant Exercises