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Courses Offered: NSCC - ACATS
NSCC's Automated Customer Account Transfer Service (ACATS) is a system that automates and standardizes procedures for the transfer of assets in a customer account from one brokerage firm and/or bank to another.
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Course Name |
Description |
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ACATS 101: Introduction to ACATS |
Educate students on the fundamental concepts of the Automated Customer Account Transfer Service (ACATS). |
| ACATS 201: Settling ACATS | This course focuses on the specifics of settling ACATS transactions. This includes the differences in settling ACATS transaction between broker/dealers and settling when a bank is party to the transaction. This course will also introduce to each of the ACATS settlement reports and how to read them. |
| ACATS 202: Standard ACATS Transfers - Receive Side | Follow four standard ACATS transactions through the lifecycle from the receiving participant's vantage point. |
| ACATS 203: Standard ACATS Transfers - Deliver Side | Follow four standard ACATS transactions through the life cycle from the delivering participant's vantage point. |
| ACATS 204: Non-Standard ACATS Transfers between Broker/Dealers - Deliver Side | Follow six non-standard ACATS transactions between broker/dealers through the life cycle from the delivering participant's vantage point. The non-standard ACATS transactions detailed are: PTR, PTD residual credit, mutual fund cleanup, fail reversal, and a reclaim. |
| ACATS 205: Non-Standard ACATS Transfers between Broker/Dealers - Receive Side | Follow six non-standard ACATS transactions between broker/dealers through the life cycle from the receiving participant's vantage point. The non-standard ACATS transactions detailed are: PTR, PTD residual credit, mutual fund cleanup, fail reversal, and a reclaim. |
| ACATS 206: Non-Standard ACATS Transfers Involving Banks - Deliver Side | This course focuses on non-standard ACATS transfers when one or both parties is a bank from the delivering firm perspective. Each module takes you through the entire life cycle of the transfer with each addressing a different non-standard ACATS transfer type. You will have the opportunity to review the reports associated with each transfer and follow them through to completion. |
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ACATS 207: Non-Standard ACATS Transfers Involving Banks - Receive Side |
This course focuses on non-standard ACATS transfers when one or both parties is a bank from the receiving firm perspective. Each module takes you through the entire life cycle of the transfer with each addressing a different non-standard ACATS transfer type. You will have the opportunity to review the reports associated with each transfer and follow them through to completion. |