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ACATS Shortened Cycle Release

Implemented: February 24, 2020

The Automated Customer Account Transfer Service (ACATS) application includes a series of enhancements to help the industry move towards a shortened ACATS transfer cycle. The goal of the ACATS Shortened Cycle release was implemented to shorten the transfer process while simultaneously reducing risk, improving operational efficiency, and enhancing the overall customer experience. 

View the test cases, implementation guidelines, user guides, best practices, and presentations for the modernization initiative release.

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ACATS Shortened Cycle Testing Documents

ACATS Shortened Cycle Testing Implementation Guidelines

View the implementation checklist and testing guidelines designed to help ACATS users prepare for the ACATS Modernization/Shortened Cycle industry release and ensure firms are ready to test the enhancements.

September 5, 2019

ACATS Test Cases

View test cases, steps, and details for testing various situations for the ACATS shortened cycle. January 24, 2020

ACATS Test Case Diagrams

View the test case diagrams for the ACATS shortened cycle.

August 29, 2019

Other ACATS Shortened Cycle Instructional Documents

ACATS User Guide

Learn how to access and use the Automated Customer Account Transfer Service (ACATS) system to transfer customer account assets between firms. This guide includes the modernization initiative enhancements, which are being implemented to help the industry move towards a shortened ACATS transfer cycle.

The goal of the ACATS modernization initiative is to begin a multiphase path to shorten the transfer process while simultaneously reducing risk, improving operational efficiency, and enhancing the overall customer experience.

July 9, 2020

ACATS DTCC Web Portal User Guide

Familiarize yourself with how to access the Automated Customer Account Transfer Service (ACATS) product offered by DTCC. This guide includes the modernization initiative enhancements, which are being implemented to help the industry move towards a shortened ACATS transfer cycle. July 9, 2020
ACATS Online Help Learn how to use the ACATS DTCC Web Portal to transfer customer account assets between firms. This help includes updates for the modernization initiative. April 14, 2020

ACATS Shortened Cycle - Enhancement Specifications

View the ACATS Enhancement Specifications, version 2, updated on April 15, 2019, and based on the ACATS Modernization/Shortened Cycle Initiative – Scope and Schedule Change Update (January 28, 2019 - #A8672).

April 15, 2019

ACATS Shortened Cycle-Proposed Updates

This document provides the proposed changes to existing ACATS functionality and discusses potential service enhancements, along with gathering business and technical input to determine feasibility and impact. It also contains the proposals that were not approved. January 14, 2019

ACATS Industry Best Practices – ACATS Shortened Cycle

This best practice document outlines suggested usage in conjunction with the ACATS Shortened Cycle initiative. See the important notices: ACATS Registration Indicator Enhancement (February 27, 2017 - #A8340) ACATS Modernization - Shortened Cycle Enhancements (April 16, 2018 - #A8542). August 29, 2018

ACATS Shortened Cycle - Concept Papers

ACATS Shortened Settlement Cycle – Concept Paper This concept paper outlines the proposal to shorten the ACATS Settlement cycle, create a more streamlined ACATS process, and provide a more efficient transfer process. March 2016
ACATS Shortened Settlement Cycle – Changes to the Processing of Mutual Fund Transfers This concept paper outlines the removal of FundSERV Pend from the mutual fund transfer process. It discusses both the short term goal of addressing changes to the 018 record, and the long term goal of implementing changes to the 019 response record. April 4,. 2016

ACATS Shortened Cycle - Modernization Iniatitive Presentations

ACATS Modernization - Shortened ACATS Webinar View this slide presentation of a webinar hosted by DTCC on April 24, 2018 to review the ACATS Modernization initiative. April 27, 2018
ACATS Modernization: Output File Names DTCC Connectivity presented information about output files. April 24, 2019

See also:

ACATS Modernization Important Notices

Access the most up-to-date ACATS important notices available on dtcc.com.

important notice img

Status: Project on Hold

ACATS Modernization is a multi-phase initiative to modernize and transform the ACATS application. ACATS Reimagined, will introduce more significant changes to ACATS by introducing a reimagined ACATS process that offers a modern real-time event driven transaction processing system. This new application will drive quicker communication between parties and create an infrastructure for a shorter transfer window.

Note: The ACATS Modernization Reimagined initiative is currently on hold.

The Reimagined phase of the ACATS Modernization initiative focuses on:

  • Improving and standardizing workflows.
  • Streamlining operations and making processes more efficient.
  • Providing a real-time rule-based engine.
  • Increasing value by reducing client calls, improving current systems and operations, and enabling consistency across firms.
  • Upgrading the technology with API driven capabilities and cloud access.

The following figure shows the life cycle of a transfer.

acats flow

See also: Concept Paper: A Vision for the Future of ACATS.

# Name Description Added On
1
ACATS Reimagined Overview
06 January 2021
2
ACATS Reimagined Workflow
06 January 2021
3
ACATS Reimagined Technology Overview
06 January 2021

529 Plans

View the proposed changes to the Automated Customer Account Transfer Service (ACATS) system and ACATS Fund/SERV® service to facilitate 529 transfers through the ACATS system.

# Name Description Added On
1
Concept Paper: ACATS Enhancements for 529 Assets Concept Paper: ACATS Enhancements for 529 Assets
07 December 2020