We are receiving a number of enquiries in relation to the TeX communications issued on 14 November 2019.
This communication confirms that as of 25 November 2019 Architas Multi-Manager Limited, Quilter Investors and Schroder Unit Trust Limited will NOT be able to support TeX v3.2 and will be (temporarily) unable to continue with our TeX solution.
Any ISA Encashment transactions not instructed by 12pm, or Asset Re-registrations (Stock Transfers) not instructed by 6pm on 22 November 2019 will be required to revert to a manual paper based solution.
We hope this is a temporary situation, and when these Fund Groups are ready to re-join we will ensure further TeX communications are issued.
Subject: Suspension of Electronic Transfers for SS&C Fund Groups
Please be advised that the following SS&C Fund Groups will be unable to meet the Market Practice v3.2 upgrade date of 25 November 2019 and as such will be removed from the Electronic Transfer service on this date.
Architas Multi-Manager Limited (Current business BIC: CLAOGB2LAMM)
Quilter Investors (Current business BIC: CLAOGB2LOLD)
Schroder Unit Trust Limited (Current business BIC: CLAOGB2LSCH)
From 25 November any instruction submitted to the existing SWIFT details will not be processed and any transfer requests should be sent via POST until further notice.
When the above Fund Groups are re-connected to the service further communications will be issued with new connection details.
If you have any questions, please contact the SS&C ADS Team at ReReg@uk.dstsystems.com.