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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.

For information about... See...
ACATS output files and webinars describing the modernization initiative

ACATS Shortened Cycle Presentations

Important notices related to the modernization initiative ACATS Modernization Important Notices
Test cases, implementation guidelines, user guides, and best practices for the modernization initiative release ACATS Shortened Cycle Documents



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
ACATS Reimagined Overview
06 January 2021
ACATS Reimagined Workflow
06 January 2021
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
Concept Paper: ACATS Enhancements for 529 Assets Concept Paper: ACATS Enhancements for 529 Assets
07 December 2020