Data Authentication (DA) is the process that the ALERT platform uses to authenticate the entry, deletion, and modification of ALERT platform data. It can be used by both broker/dealer and investment manager client types and can be applied to the following data types:
|Data Type||Broker/Dealer||Investment Manager|
|Account Settlement Instructions||x|
|Model Settlement Instructions||x||x|
By default, Model and Account Settlement Instruction changes will require a minimum of two levels of Data Authentication for F/X, Cash and Derivative instructions. Clients can then choose to apply Data Authentication to other data types. The levels of authentication are defined as follows:
- 2 levels (Creation + Approval)
- 3 levels (Creation + Approval + Authorization)
Clients can therefore set up their users to be Creators, Approvers and/or Authorizers, however the same user can not complete 2 subsequent steps in the Data Authentication process. Using Manage My Services, individuals who have been designated as a Data Authentication Administrator controls the roles applied to other users and the number of levels of authentication required.
|Note: DTCC highly recommends that you promptly action any pending items in your Data Authentication queues.|
The following series of videos provides further details on how to manage and use the Data Authentication functionality.