Instruction Process Step Description Initiator Instruct intra-position Instruct a movement from one sub-balance to another Instructing Party movement or from one balance status to another on a request received by a client or not. Process instruction Technical and business validation of the details of the Executing/Servicing Party request before further processing or not. Processed Yes/No If YES, that is, the instruction is ready for further Executing/Servicing Party processing, the next step is the intra-position movement process. If NO, the update status activity is done. Monitor intra-position Monitor the status of the instruction Instructing Party movement instruction Intra-position Attempt the movement from one sub-balance to Executing/Servicing movement process another or from one balance status to another. It may lead to an instruction being sent further down the chain. Executed No/Yes If NO, go to update status activity. If YES, go to move Instructing Party position activity. Executed No/Yes If NO, go to update status activity. If YES, go to move Executing/Servicing Party position activity. Update Status Update status (and inform about it). Instructing Party Update Status Update status (and inform it). Executing/Servicing Party Move position Move the holding from one sub-balance to another or Instructing Party from one balance status to another. Move position Move the holding from one sub-balance to another or Executing/Servicing Party from one balance status to another (and advice about it). Partial Settlement Confirmation Step Description Initiator Instruct settlement Instruction of the settlement, based on an instruction Instructing Party received by a client or not. Process instruction Technical and business validation of the details of the Executing/Servicing Party instruction before further processing or not. Processed Yes/No If YES, that is, the instruction is ready for further Executing/Servicing Party processing, the next step is the matching and settlement activity. It is understood that, though not shown on the diagram, a status update may also occur following a YES. If NO, the update status activity is done
Instruction Process Step Description Initiator Instruct intra-position movement Instruct a movement from one sub-balance to another or from one balance status to another on a request received by a client or not. Instructing Party Process instruction Technical and business validation of the details of the request before further processing or not. Executing/Servicing Party Processed Yes/No If YES, that is, the instruction is ready for further processing, the next step is the intra-position movement process. If NO, the update status activity is done. Executing/Servicing Party Monitor intra-position movement instruction Monitor the status of the instruction Instructing Party Intra-position movement process Attempt the movement from one sub-balance to another or from one balance status to another. It may lead to an instruction being sent further down the chain. Executing/Servicing Executed No/Yes If NO, go to update status activity. If YES, go to move position activity. Instructing Party Executed No/Yes If NO, go to update status activity. If YES, go to move position activity. Executing/Servicing Party Update Status Update status (and inform about it). Instructing Party Update Status Update status (and inform it). Executing/Servicing Party Move position Move the holding from one sub-balance to another or from one balance status to another. Instructing Party Move position Move the holding from one sub-balance to another or from one balance status to another (and advice about it). Executing/Servicing Party Partial Settlement Confirmation Step Description Initiator Instruct settlement Instruction of the settlement, based on an instruction received by a client or not. Instructing Party Process instruction Technical and business validation of the details of the instruction before further processing or not. Executing/Servicing Party Processed Yes/No If YES, that is, the instruction is ready for further processing, the next step is the matching and settlement activity. It is understood that, though not shown on the diagram, a status update may also occur following a YES. If NO, the update status activity is done Executing/Servicing Party
ISO20022_MDRPart1_SettlementAndReconciliation_2017_2018_ForSEGReview_v1.docx