ASI Workshop Operational aspects of ASI

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ASI WorkshopOperational aspects of ASI

Paris 8th 9th March 2006
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Ancillary system interface (ASI)

• Definition of ancillary systems
• Types
• Transition period
• Set of specific functionality for cash settlement
  services of ancillary systems in central bank
  money
• Same day value only (no warehouse transactions)
• Standardisation
• Messages (XML) gtgtgt UDFS book 4
• Network and services
• Settlement procedures
• Optional mechanisms

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Settlement procedures

• Real time link
• Liquidity transfer
• Real time settlement
• Batch
• Bilateral settlement
• Standard multilateral settlement
• Simultaneous multilateral settlement
• Settlement on dedicated liquidity
• Interfaced
• Integrated

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Optional mechanisms
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Accounting
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Account identification
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Business times night time settlement
Day X1
Day X
Maintenance period
Liquidity transfers
Liquidity transfers1)
SSP closed
19.00
19.30
1.00
22.00
6.45
Settlement Procedure 6
Settlement Procedure 6
1) Under discussion
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Business times day light settlement
Day X1
18.152)

EoD processing e.g. back transfer of liquidity,
automatic marginal lending
Liquidity transfers
18.45
7.00
18.00
Settlement Procedures 1 - 6
Cut-off for standing facilities
2) On the last day of a minimum reserve period
18.30
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Relevant interfaces (in AS business)
PM
ICM
ASI
FIN
CI
CB National Service Desk
AS
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AS contingency

• Scenario unavailability of whole SSP
• CM during daylight business only without AS
  specific functionality
• Scope of usage under consideration
• Scenario unavailability of an AS
• To be coverd by AS
• If AS can provide settlement information see
  below
• Scenario unavailability of SWIFT between AS and
  SSP (solution under concideration)
• PC based XML generator for managing CBs to create
  ASI/XML for sending and receiving via ASI
• Some additional supportive functionality for
  managing CB