Custody report for SEB
Custody report presents a breakdown of how each NAV was calculated in FA Fund Management. FA supports generation of custody reports to SEB in the correct XML format that corresponds to the SEB schema version NAV_Breakdown_XML_Schema_version2.xsd. The specification document is available from SEB by request.
To use this report, you need to have NAV for the fund calculated in FA Fund Management app. In addition to the data used in NAV calculation, the report features the following security-related values for the positions in the fund portfolio:
If a security has a CFI code selected under Tag: CFI, the CFI code is reported in the custody report with the tag CFI. See the 6 CFI codes for NAV breakdown deliveries section in the SEB specification document on how to classify the securities. You can also define rules for automatically adding the tag based on type or subtype by uploading the decision table: fa_security_setCFITagByType.xlsx. See Create, deploy and verify a decision table in FA Developer Guide for more information about uploading and modifying decision tables.
If a security has a marketplace, the marketplace MIC code is included with the tag MkPl.
If a security has the key figure Bloomberg Identifier, the identifier is included in the report with the tag BloombergId. This key figure is added to your securities and included in the report automatically, if you create the securities from Bloomberg (see Get security data). If not, see Bloomberg Instrument Identifier in the section 3.7.3 Financial Market Standard Instruments of the SEB specification document for what to report.
Configure the report
To start using SEB custody report:
Go to Tools → Administer → SEB custody reporting and fill in the details about the fund management company and agreement with SEB:
Organization number
Company name
Sender ID at SEB (a unique identifier provided by SEB)
Country
(Optional) To transfer files to SEB automatically via SFTP, choose Enable automatic transfer and provide the connection details:
Port (the SFTP connection port; check with SEB whether you should use 22 or 52222)
Username
Password
Note
SEB requires that you ask them to whitelist your IP address if you wish to deliver files to SEB via SFTP. Usually, for production systems, the IP to whitelist is 51.124.71.179.
Click Done to save the configuration.
After completing these steps, you can generate and send the reports as soon as you have NAV calculated with FA Fund Management app.
Generate the report
Once you calculated NAV for a given day in FA Fund management app, you can generate and send the custody report from the Portfolios view.
Go to the Portfolios view and list the portfolios that you wish to report. To report all fund portfolios, you can use the pre-saved Fund portfolios view by clicking the small arrow next to Portfolios and selecting Fund portfolios.
Choose Create report → SEB custody report.
Tick Report for fund portfolio's previous NAV date to report the latest NAV calculation for each fund automatically, or specify a reporting date under Choose a date. Select Y or N under Traded NAV flag to define if the NAV is an official NAV open for subscriptions or redemptions or only an intermediate NAV. Click Done to move to the next step.
Click the download icon (highlighted in the screenshot) in the list of report files to download the report to your computer. If any errors were identified in the file generation, an additional text file describing the errors is also available for download. If you choose to download the file to your computer, you can check it and optionally send to SEB manually. If you have enabled automatic file transfer to SEB via SFTP, the file is sent to SEB automatically after this step. Click Done to close the window and send the file to SEB (if automatic transfer is enabled).
