4.24.1 Global Order Placement Interface Description

This topic provides a description of the Global Order Placement Interface.

The Global Order Placement is an export interface. This interface will extract policy transaction information like Investment amount (minus Initial Admin and Initial Broker fees), Disinvestment Amount etc. from FCIS and creates a text file which will be handed over to the different AMC. This interface is manually triggered.

You can also report the net value of the Initial admin and Broker Fee to the AMC/ UT along with the UT initial fee return value using Global Order Placement. Hence the exported files will contain both the net amount (Policy amount – Fees) and UT fee return value.

You can group the transactions based on the following:

• Fund
• Transaction Date
• Transaction Type
• Subscription includes Pseudo Switch-in
• Redemption includes Pseudo Switch-out, True Switches, and Transfers
• Product
• UT Fee Return value

Note:

System will consider Internal Switches (switch in and switch out) as separate transaction types.