Overview of Market/Business Rules Information

The ALERT platform is the industry’s largest global database for the maintenance of standing settlement and account instructions. It enables investment managers, broker/dealers, and custodian banks to transmit complete, automated account and settlement instructions between counterparties, using standardized formats.

When you and your counterparties adhere to these market/business rules information for specific countries, depositories, and asset types, the ALERT platform facilitates successful settlement messages through SWIFT or other means.

Note

When there is no PSET BIC available for a market, you can use the UNIVERSAL method.

This market/business rule information help system provides recommendations for how you should populate ALERT platform fields to ensure that settlement messages are successfully enriched with your ALERT platform data.