CCP.CEE - 4th User Group meeting

On 29 September 2011 CCP.CEE held a user group meeting in Vienna. The main focus was on the following topics:

1. Update CCP.CEE Solution  

• Account structure: Naming of account types changed, separate positions for principal and agent trades
• Clearing Agents may use omnibus settlement accounts
• GCM can use one margin account for difference NCM clearing accounts
• System access via SMS/Smart phone or PC soft token

• Settlement Account assignment done by Members 
• Example of new trade confirmation 
• Exchange transaction fee reporting slightly changes 

• Setup of clients and its accounts for CCP.A to be finalized by 15 April 2012 (done by Clearing Agent) 
• User operations training will include predefined end2end tests 
• GUI and ISO 15022 members - planned 10 May 2012 (Vienna) 

• ISO 15022 interface: UniCredit Bank Austria will be front-runner in pre-tests with CCP.CEE starting  mid of April 2012
• Additional free testing in May: CCP.CEE will define a set of simulation test cases

• Final acceptance test (results available 30 April 2012)
• Pre-testing ISO15022 and SICS reporting – mid of April
• Operation Training and simulation tests – May
• Next CCP.CEE User Group Meeting scheduled for beginning of June 2012

Impact on investors: Implementation of New Stock Exchange Clearing system in Vienna planned for 2 July 2012.