The Settlement Instruction Manager service provides investment manager users of CTM with the ability to generate settlement notifications to be sent to custodians, banks, third parties, investment managers and executing brokers to inform them of a trade intended for settlement. The settlement notification message uses either a SWIFT MT541/543 message format or a Comma Separated Value (CSV) file containing the settlement instruction. A maximum of 15 notifications can be sent for each allocation/settlement detail. Users can monitor and manage these settlement notification messages through the Settlement Instruction Manager UI.
Message Specifications
For investment managers who use CTM and are sending settlement notifications or for custodians, banks, third parties, and executing brokers who receive notifications from their investment manager clients, detailed information on the format of the messages generated by Settlement Instruction Manager is available in the below documents.
Settlement Instruction Manager SWIFT MT541/543 Message Specification
Settlement Instruction Manager CSV File Format Specification
Getting Started with the Settlement Instruction Manager UI
Access to the Settlement Instruction Manager UI is through the MyDTCC portal which provides a centralized location for web users to access all ITP services. Visit MyDTCC for ITP Clients for further details on how to access the MyDTCC portal and configure your user IDs to access all ITP products.
Once you have access to the Settlement Instruction Manager UI, the default Settlement Instruction Manager Product Help provides detailed information on how to use the UI to manage your settlement messages.
If you are a previous user of the CTM Settlement Notification service, click on the below image to launch the Settlement Instruction Manager Job Aid which provides information on the key differences between the two different UIs and helps you navigate the new Settlement Instruction Manager UI.
CTM Third Party Notification (TPN) Resources
CTM Third Party Notification/Enhanced Settlement Notification is being replaced by the new Settlement Instruction Manager service. Below you can find resources to help with your migration to the new service, as well as resources to support you if you are still using the legacy Settlement Notification functionality in the CTM UI 3.0 (Trade Blotter).
If your firm is in the process of migrating from the CTM Third Party Notification service to the new Settlement Instruction Manager service, the Settlement Instruction Manager Migration Checklist provides guidance on timeline and steps.
CTM Trade Blotter Reference: Settlement Notification
CTM Settlement Services Reference: SWIFT MT541/543 and CSV Mapping