May/June 2003 Volume 3, Number 2 Read back issues of FundSERV Quarterly
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FundSERV |
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| A message from Alan Hutton: Interesting Roadshow feedback |
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| Spring is a symbol of regeneration — a time of hope and new beginnings. Perhaps now, with war in the Middle East drawing to a close, we will begin to see some degree of stability return to our lives so we can focus on other challenges. | |||||||||
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| Clearing & Settlement Service (CSS) re-named to Net $ettlement Messaging (N$M) |
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| FundSERV is changing the name of its Clearing and Settlement Service (CSS) to Net $ettlement Messaging (N$M), a name that more closely describes the service it's providing today. | |||||||||
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| Survey shows dealers still big on client name business |
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| A recent FundSERV survey of the non-IDA distribution channel confirmed that many mutual fund dealers still have the majority of their accounts in client name, although the larger firms are moving to nominee name. | |||||||||
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| FundSERV focuses on protection of assets |
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| When it comes to asset management, FundSERV takes intellectual property just as seriously as it does capital assets. | |||||||||
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| A blueprint for success, FundSERV governance |
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| Honesty, integrity and transparency — these three words are at the heart of FundSERV's new Corporate Governance Manual. | |||||||||
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| Growth means busy times for Testing Department |
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| Just like thousands of Ontario high school teachers and university professors at this time of year, the FundSERV testing department is gearing up to administer its own version of final exams. The team has been hard at work devising test scripts and preparing clients for the June release of ESG 14. | |||||||||
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| Language opens doors for FundSERV Manager |
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| June Leung, manager of PKI operations, FundSERV Inc., has two related passions in life: travel and languages. | |||||||||
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| Billing period for files has changed |
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| In response to customer requests, FundSERV is changing its billing method for files. | |||||||||
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| Express yourself! |
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| As part of its ongoing Governance program, FundSERV has made it easier for customers to voice their concerns or have questions answered on industry initiatives. | |||||||||
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| FundSERV Network Performance |
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| Some year to date systems and network updates. | |||||||||
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Electronic Standards Group (ESG) |
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| Improved mandatory standards reporting screens |
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| Later this year, the Mandatory Standards Reports on the FundSERV Services Web site will have a new design that provides more information and greater flexibility. | |||||||||
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| New fund holiday tracking service |
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| To better serve the needs of customers with unique trading schedules, FundSERV recently introduced a holiday tracking service, which manages transactions when a fund is exempt from trading on a specified date. | |||||||||
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| Update: Euro and pound settlement |
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| As reported in the last issue of FundSERV Quarterly, euro and pound Net $ettlement Messaging (N$M) is being introduced to the network. | |||||||||
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| ESG Standards Helpfile version 14 reminder |
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| Version 14 of the electronic standards group (ESG) standards will be implemented on June 23, 2003. | |||||||||
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| Importance of standards testing |
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| Testing is a significant component to any software development project. With each release of the ESG Standards customers are provided with an extended testing period. | |||||||||
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FUNDcom |
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| FUNDcom's easy access and improved efficiency a hit with dealers |
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| FundSERV Quarterly recently asked representatives of two Canadian companies within the investment fund industry for their comments on public key infrastructure (PKI), the platform upon which FUNDcom is based. | |||||||||
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| FundSERV prepares to introduce new system providing dealers more choice on FUNDcom |
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| "We are moving to implement changes to FUNDcom that will provide greater choice for dealers," says Amir Jafri, vice president technology, FundSERV. | |||||||||
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IDentity/PKI |
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| Aligning with global standards — FundSERV completes WebTrust audit |
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| "FundSERV's public key infrastructure (PKI) certificate authority (CA) has been audited and certified to meet the highest standards for privacy, security and business practices," says Andrew Farmer, chief security analyst. "We now display the WebTrust Seal of Best Practices." | |||||||||
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| FundSERV contributes to global PKI organization |
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| By interacting with a wide range of participants from around the world, FundSERV has achieved a better understanding of the complexities and challenges of deploying an industry-wide PKI solution. | |||||||||
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Industry |
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| Automation of non-financial updates major benefit of XML technology |
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| "The principal benefit of extensible markup language (XML) is the automation of non-financial updates, historically a very paper-intensive process," says Andrew Donen, senior technical analyst for dealer relations, Unisen Inc. | |||||||||
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| LCC discontinues insurance portal and network project |
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| Having successfully completed its phase two analysis, the Life Company Central (LCC) committee has announced its decision to discontinue the insurance portal and network project. | |||||||||
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| Editorial Information | Copyright © 2003 FundSERV Inc. |