TA REPORTS
A summary of daily money movement between the custody account and trust account
Fund Transfer Report/Capstock
Used as a storage module to house daily reports for review and auditing purposes
DataStore
Name a Canadian bank we use to process transactions
BMO/TD/RBC/SCOTIA/HSBC
Multiple Choice!
The external parties that receive the Fund Transfer and other iFAST reports include...
a) Fund Company (Client)
b) Custody
c) Fund Accounting
d) All of the above
d) All of the above
This associate has a 1.5 year old daughter and enjoys listening to music as a hobby
Rahul Mishra
A detailed listing of each unsettled purchase and redemption transaction
Outstanding Wire Order Report (Out0)
Workflow management tool used to retain records of transactions and backups received for payments. Also used for daily and periodic reconciliation
AWD10/AWD/Chorus BPM
Fill in the blank!
Payment is made to ____ when the Fund Transfer depicts a Net Purchase
Custody
Fill in the blank!
The primary purpose of the $Balancing tab (first tab on the Fund Transfer) is for Cash Forecasting, which is to prevent _____
Overdraft
This associate enjoys bicycling on the weekends
Sajan Malviya
A detailed listing of settled transactions that captures all relevant components per trade, such as; iFAST account #, value of trade, fees, and related commissions
Daily Cash Report (CashDly0)
Houses the general ledger postings and allows for matching of trade settlements with bank account activities
Frontier
The team/department we work with that is responsible for printing cheques
Work Flow Services/Distribution Center
Multiple Choice!
The Out0 Recon tab validates the Outstanding Wire Order balance on the Out0 with the Closing Wire Order Balance on this report....
a) FundRec
b) CashDly0
c) N$R
a) FundRec
This associate spends their free time sketching
Sushmita Shetty
Displays opening and closing unit balances per fund class and captures all fund activities and settlements
Fund Reconciliation Summary Report (FUNDREC.SUM)
Manual and systematic cheque application used by Trust Accounting to enter and approve manual cheque requests
WebSeries
Name two different payment methods utilized by trust accounting
Wire, EFT/PAC, cheque, A$M
Multiple Choice!
The final capstock amount total is the ....
a) NetCash Total
b) FinalTrfReq Total
c) N$MPur Total
b) FinalTrfReq Total
This associate's hobbies include playing cricket and watching movies
Suyog Sudhakar Jadhav
Retrieved from Fundserv and captures the daily settlement totals to determine the payable to/receivable from Fundserv amounts
NSM/N$M
Record keeping system used to investigate transactions and run reports
iFAST Base
The Fundserv payment deadline
1:00pm EST
The report retrieved from Fundserv and pasted into the "CSS" tab in the daily Fund Transfer Report, that provides a detailed breakdown summary of the daily Fundserv settlement totals
NSR/N$R
This associate tracks the stock market and is a part time trader
Makul Chandra