The Settlement Instruction Manager service provides investment manager users of CTM with the ability to send settlement instructions to their custodians, banks, third parties, investment managers and executing brokers, informing them of a trade intended for settlement. The settlement instruction message uses either a SWIFT MT541/543 message format or a Comma Separated Value (CSV) file containing the settlement instructions. A maximum of 15 instruction messages can be sent for each allocation/settlement detail. Users can monitor and manage these settlement instruction messages through the Settlement Instruction Manager UI.
For investment managers who use CTM and are sending settlement instructions or for custodians, banks, third parties, and executing brokers who receive instructions 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
Settlement Instruction Manager Status Message (JSON) 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.