P.I.E.R. Reports

Participant Information and Efficiency Report (P.I.E.R.) provides a monthly summary of a firm’s DTCC utilization activity.

Overview

Participant Information and Efficiency Report (P.I.E.R.) provides a monthly summary of a firm’s DTCC utilization activity, including Insurance & Retirement Services information beginning January 2008. This report displays the firm’s trading relationships and transactional volume activity totals by product. For products having a money settlement component, the report includes the firm’s gross settlement amount for a given month.

Who Can Use This Service

Insurance carriers, broker/dealers, banks, insurance agencies and other firms that are IPS participants are eligible for the free monthly P.I.E.R. service.

Benefits

With PIER, users receive:

  • Monthly Transaction Volume by Product -- a graphical representation of firm’s monthly transaction volume by individual product.
  • Top 10 Trading Relationships by Product -- based on volume, separate reports will be produced for POV, COM, APP/SUB, FAR, LNA, IFT. It will summarize firm’s top 10 trading relationships based on transactional volume for latest 12 months of activity beginning with December 2007 data.
  • Top 10 Trading Relationships by Settled Amount -- separate reports will be produced for COM and APP/SUB, summarizing firm’s top 10 trading relationships based on settlement amount for the latest 12 months beginning with December 2007 data.
  • COM Transactional Volume vs. Money Settlement -– a graphical representation of firm’s Commissions transactional volume vs. money settlement for the latest 12 months beginning with December 2007 data.
  • APP and SUB Transactional Volume vs. Money Settlement -- a graphical representation of firm’s Applications and Subsequent Premiums transactional volume vs. money settlement for the latest 12 months beginning with December 2007 data.
  • LNA Transactional Volume -- a graphical representation of firm’s initial and additional Licensing & Appointments transactional volume for the latest 12 months.
  • LNA Monthly Transaction Volume (Transaction Type Changes) -- a graphical representation of firm’s monthly LNA transactional ‘change’ volume.
  • ACATS/IPS Monthly Summary -- monthly summaries of firm’s deliver and receive ACATS activity.
  • ACATS/IPS Top 5 BIN Top 5 REP -- monthly report summarizing firm’s top 5 trading relationships based on ACATS BIN and REP transaction activity.
  • ACATS/IPS Monthly Comparison -- a graphical representation of firm’s monthly ACATS (CAT vs. CAT-Confirm) transaction activity delivered or received.

How the Service Works

Using DTCC WebDirect, a firm’s authorized Access Coordinator can establish PIER access for firms’ employees. P.I.E.R. will be available monthly, free of charge to member firms (generally on the 5th business day of each month).

For More Information

Contact Client Support, 1-888-382-2721, Option 5 then Option 4 or insurance@dtcc.com.

This description is for informational purposes only. This Service is governed by applicable Rules, Procedures, and Service Guides for each DTCC subsidiary, which contain the full terms, conditions, and limitations applicable to this Service.

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