ALERT: Overriding AKAS Keys

AKAS does not allow the entry of overrides with identical parameters and different outcomes, but does allow the entry of rules with different or additional qualifying parameters. In the case of multiple allowable overrides for a transaction, AKAS always chooses the override with the highest number of matching parameters. In addition, the Security parameter always takes precedence over other overrides with the same number of parameters that omit a Security parameter.

Investment managers can override default AKAS keys to apply to organizational categories as follows:

• ALERT: Create, View, Delete Access Code List
• ALERT: Acronym Level Override Rules
• ALERT: Access Code Level Override Rules
• ALERT: Delete Existing SSI Rules
• ALERT: Download AKAS Overrides
• ALERT: Upload AKAS Overrides

With the necessary ALERT roles, investment managers can also add, view, and delete AKAS override rules from the SSI Rules screens described in this section.