The CMO (Collaterilized Mortgage Obligation) Trade Adjustment System (CTAS) automates principal and interest adjustments for certain structure securites such as CMO's and other Asset-backed securities that do not carry Interim Accounting and where trades settle at DTC during the structured security Blackout Period.
To correspond with the 10/1 release of the Client Migration Tool, its User Guide has been updated with the latest changes. Check it out on the Cross ProAs I mentioduct area's Resources tab!