Docs supports adding and editing settlement accounts, including assigning accounts to agreements, through the settlement account library. The clearing account library allows clearing brokers to update accounts separately or in large quantities, including changes to validity dates, expiration dates, and descriptions. In addition, the tool allows you to bulk upload new accounts via excel templates and link these accounts to in-flight and executed agreements. New accounts can be added to the library by typing and storing account information on the „Add New Account“ button. If the transfer account has been incorrectly associated with a give up agreement or if the settlement account is not added to a give up agreement, trades retain the reason of „ongoing settlement account top-up to the agreement by the payer“ and cannot convert or fully settle the correct agreement. Atlantis can`t make trades without a signed waiver agreement, but it can move the confirmation and approval process forward in the meantime. The „Associated Settlement Account“ feature allows users to add preliminary settlement accounts to a docs agreement, so calculation and approval can also progress with an unen executed waiver agreement. The status of the settlement account is changed immediately after the archiving operation is selected. The status column can help find archived accounts in the library.
Compensation agreement. Merriam-Webster.com dictionary, merriam weaver, www.merriam-webster.com/dictionary/clearing%20agreement. Retrieved December 1, 2020. Assigning a settlement account to a docs agreement has three purposes: While archived settlement accounts cannot be added to new agreements, in a new „Archived Settlement Accounts“ section, all archived accounts matching applied research are displayed when searching for accounts to add. Within the library, users can search for the account id, sort all columns, and apply filters to the part and account type values. The summary report mentioned above shows the requested changes to the available fields, the resulting values for those fields, and the details of the application of the changes. Changes cannot be applied due to the status of the agreement, accounts that are already linked to specified information, 3. Select „Load“ from the library and select your saved template.
The system provides a confirmation message indicating all agreement assignments based on the download file. The „Download Report“ link provides a summary of mass updates as well as whether a dataset has been successfully associated with an agreement. Report notes can contain the following messages for accounts that were not linked to agreements: the archiving operation is displayed to the right of the processing operation for users, with the ability to process settlement accounts. To archive an account, simply click on the archive operation. Companies can upload multiple accounts and link accounts to agreements using the „Clearing Account Upload“ template, which is directly available in the library. The presentation consists of the following columns: Once the settlement accounts have been separated from the agreement, the reason „Outstanding Settlement Account Supplement to the Agreement concluded by the payer“ should not be settled. . . .