Maintain DN Address for SWIFT Entries

You can maintain the DN address for SWIFT Entities such as Segment, AMC, Legal Entity, Agent, Agency Branch, IFA and Account Officer using Swift Entity Maintenance screen.

The DN address setup for different SWIFT Entities will be maintained as follows.

For SWIFT Entity - Segment

If the entity type is selected as Segment, the entity ID will be defaulted as installed Entity and mapped entity details will be disabled. Only one DN address will be allowed to be maintained for Segment SWIFT Entity.

The DN address maintained for Segment Entity type is used as Responder DN for all incoming messages from different swift entity types for the respective segment and also used as Requester DN for all outgoing messages generated from respective segment. If there is more than one schema with same segment level DN address, then the system cannot pass the message received to the intended segment by checking the Responder DN address present in the message.

Once the message is received, the system will check whether Related Reference or Previous Reference is available in the message. If it is available then system will find the schema from mstm_msg_trrack table. If Related Reference or Previous reference is not available or cannot find schema from mstm_msg_track table, then the system will find the schema from DN address maintenance (based on requestor).

The system will also check whether Responder DN mentioned in the message is maintained in identified segment. If maintained, the message will consider for processing in that segment.

For SWIFT Entity Type AMC or Legal Entity

If the entity type is selected as AMC then you must select AMC ID. If the entity type is selected as Legal Entity then you must select Legal Entity ID.

For AMC or Legal entity, entity ID will be defaulted as Installed Entity and mapped entity details will be disabled.

If Entity Type is M (AMC), then the entity ID option list will list only AMC’s.

For SWIFT Entity Type Agent or Agency Branch/Account Officer/IFA

If the Entity type is Agent or Agency Branch/Account Officer/IFA, then you can only select the Entity ID along with the AMC or Legal Entity ID. AMC ID/Legal Entity ID is mandatory when Entity type is Agent or Agency Branch/Account Officer/IFA. Only one of the DN address maintained for Agent and AMC ID combination can set as Default DN address.

You can enable DBN address. you can also specify whether the DN address is maintained for only outgoing message and no incoming message from that address will be processed in the system using Outbound Only checkbox. If this checkbox is checked then no incoming message from that Requestor DN address will be processed.

For Segment, AMC, Legal Entity counterparts; there will be only one DN address allowed to be maintained. For Agent, Agency Branch, Account Officer and IFA counterparts; multiple DN addresses for each AMC ID for different communication modes must be able to be maintained.

For message with multiple orders where for one Unitholder more than one transaction will be done for different funds, the system will check the above rules for E-dealing allowed for the legal entities mapped to those funds. If for one of the legal entities, the E-dealing is not allowed, then system will reject only the transactions done to those funds where the mapped legal entity is not checked in Electronic Deal field in Entity Maintenance screen.

In the case of a swift switch message between two different legal entities, the message will be accepted only if both legal entities allow electronic dealing and the AMC allows electronic dealing.

The validations which will to be applied DN address maintained in Entity SWIFT Setup are as follows:

All segment in the DN address should follow the sequence cn=<name>,ou=<name>,o=<bic8>,o=swift
All segments should be separated with ‘,’.
The DN address should have maximum of 100 characters.
No space is allowed.
Minimum of 2 and maximum of 10segments are allowed in a DN address.
The <name> part must contain minimum of 2 characters and maximum 20 alphanumeric characters. The characters should be in lower case. Only one special character is allowed to be used i.e. ‘-‘(Hypen).
The DN address will have maximum 2 numbers. The <name> part can contain maximum of 2 numerical digits.

2.13.1 Maintain DN Address for SWIFT Entries