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London Market Implementation of ACORD DRI Messages and Data

This section defines the approach to supporting the ACORD DRI Standards messages and functions.  It makes no reference to any interactive, email or direct repository functions: these are the subject of the separate A&S and ECF MAT plans.

General

On 10/6/06

All MAT DRI participants can perform External Integration Testing (EIT) on RLC 2005.2, DRI 1.2, AMS 1.4

From 19/6/06

All MAT DRI participants must use ACORD RLC 2005.2, DRI 1.2, AMS 1.4 standards.

On 11/09/06

All production DRI participants must upgrade to ACORD RLC 2005.2, DRI 1.2, AMS 1.4 standards

Accounting and Settlement (A&S):

On 19/6/06

An ACL supplied with a UMR document will be applied, but an ACL supplied with a UCR document will be ignored.

Registered brokers can use ACORD DRI standards to send documents and receive responses

Registered firms can perform an ACORD DRI standard search

Registered firms can receive ACORD DRI standard notifications and request documents to be downloaded through ACORD DRI standards

New ACORD AMS field Security profile code will be populated with the code value that indicates the ACORD basic security profile is used

New ACORD AMS fields (Endpoint Reference - subject to final A&S design of “urgents” process, Re-sent message item and Ping port) will not be supported, but this will not cause a current issue as their A&S use has not been defined.

All DRI MAT participants must use the ACORD RLC 2005.2, DRI 1.2, AMS 1.4 standards.

London Market Implementation of ACORD DRI Messages v1.doc

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