RedemptionMultipleOrderConfirmationV02

setr.006.001.02

Scope The RedemptionMultipleOrderConfirmation message is sent by an exacting party, eg, a transfer agent, to an instructing party, eg, an investment manager or its authorised representative. There may be one or more intermediary parties between the executing party and the instructing party. The intermediary party is, for example, an intermediary or a concentrator. This message is used to confirm the details of the execution of a RedemptionMultipleOrder message. Usage The RedemptionMultipleOrderConfirmation message is sent, after the price has been determined, to confirm the execution of all individual orders. A RedemptionMultipleOrder may be responded to by more than one RedemptionMultipleOrderConfirmation, as the valuation cycle of the financial instruments in each individual order may be different. When the executing party sends several confirmations, there is no specific indication in the message that it is an incomplete confirmation. Reconciliation must be based on the references. A RedemptionMultipleOrder must in all cases be responded to by a RedemptionMultipleOrderConfirmation message/s and in no circumstances by a RedemptionBulkOrderConfirmation message/s. If the executing party needs to confirm a RedemptionBulkOrder message, then a RedemptionBulkOrderConfirmation message must be used.

Message Construction

Every ISO20022 message has at the highest level what we call ‘building blocks’. Because the message is constructed as immutable records, the association is by composition. Below you can see the relationship between the message and its constituent building blocks: For comparison, see the ISO20022 official specification

classDiagram
     direction LR
%% RedemptionMultipleOrderConfirmationV02 recursion level 0 with max 0
RedemptionMultipleOrderConfirmationV02 *-- "0..1" AdditionalReference3 : MasterReference
RedemptionMultipleOrderConfirmationV02 *-- "0..1" AdditionalReference3 : PoolReference
RedemptionMultipleOrderConfirmationV02 *-- "0..1" AdditionalReference3 : PreviousReference
RedemptionMultipleOrderConfirmationV02 *-- "1..1" AdditionalReference3 : RelatedReference
RedemptionMultipleOrderConfirmationV02 *-- "1..1" RedemptionMultipleExecution2 : MultipleExecutionDetails
RedemptionMultipleOrderConfirmationV02 *-- "0..10" Intermediary4 : IntermediaryDetails
RedemptionMultipleOrderConfirmationV02 *-- "0..1" CopyInformation1 : CopyDetails
RedemptionMultipleOrderConfirmationV02 *-- "0..1" Extension1 : Extension
  

Now, we will zero-in one-by-one on each of these building blocks.

MasterReference building block

Reference assigned to a set of orders or trades in order to link them together. References a related message or provides another reference, such as a pool reference, linking a set of messages. The party which issued the related reference may be the Sender of the referenced message or a party other than the Sender. For comparison, see the ISO20022 official specification

classDiagram
   direction tb
%% AdditionalReference3 recursion level 0 with max 1
class AdditionalReference3{
    Reference IsoMax35Text
    MessageName IsoMax35Text
}
AdditionalReference3 *-- "0..1" IPartyIdentification2Choice : ReferenceIssuer
%% IPartyIdentification2Choice recursion level 1 with max 1
  

AdditionalReference3 members

PoolReference building block

Collective reference identifying a set of messages. References a related message or provides another reference, such as a pool reference, linking a set of messages. The party which issued the related reference may be the Sender of the referenced message or a party other than the Sender. For comparison, see the ISO20022 official specification

classDiagram
   direction tb
%% AdditionalReference3 recursion level 0 with max 1
class AdditionalReference3{
    Reference IsoMax35Text
    MessageName IsoMax35Text
}
AdditionalReference3 *-- "0..1" IPartyIdentification2Choice : ReferenceIssuer
%% IPartyIdentification2Choice recursion level 1 with max 1
  

AdditionalReference3 members

PreviousReference building block

Reference to a linked message that was previously sent. References a related message or provides another reference, such as a pool reference, linking a set of messages. The party which issued the related reference may be the Sender of the referenced message or a party other than the Sender. For comparison, see the ISO20022 official specification

classDiagram
   direction tb
%% AdditionalReference3 recursion level 0 with max 1
class AdditionalReference3{
    Reference IsoMax35Text
    MessageName IsoMax35Text
}
AdditionalReference3 *-- "0..1" IPartyIdentification2Choice : ReferenceIssuer
%% IPartyIdentification2Choice recursion level 1 with max 1
  

AdditionalReference3 members

RelatedReference building block

Reference to a linked message that was previously received. References a related message or provides another reference, such as a pool reference, linking a set of messages. The party which issued the related reference may be the Sender of the referenced message or a party other than the Sender. For comparison, see the ISO20022 official specification

classDiagram
   direction tb
%% AdditionalReference3 recursion level 0 with max 1
class AdditionalReference3{
    Reference IsoMax35Text
    MessageName IsoMax35Text
}
AdditionalReference3 *-- "0..1" IPartyIdentification2Choice : ReferenceIssuer
%% IPartyIdentification2Choice recursion level 1 with max 1
  

AdditionalReference3 members

MultipleExecutionDetails building block

General information related to the execution of investment fund orders. Execution of a redemption order. For comparison, see the ISO20022 official specification

classDiagram
   direction tb
%% RedemptionMultipleExecution2 recursion level 0 with max 1
class RedemptionMultipleExecution2{
    PlaceOfTrade CountryCode
    OrderDateTime IsoISODateTime
}
RedemptionMultipleExecution2 *-- "0..1" IndividualPerson2 : BeneficiaryDetails
RedemptionMultipleExecution2 *-- "0..1" CancellationRight1 : CancellationRight
RedemptionMultipleExecution2 *-- "1..1" InvestmentAccount13 : InvestmentAccountDetails
RedemptionMultipleExecution2 *-- "1..0" RedemptionExecution4 : IndividualExecutionDetails
RedemptionMultipleExecution2 *-- "0..1" PaymentTransaction15 : BulkCashSettlementDetails
%% IndividualPerson2 recursion level 1 with max 1
class IndividualPerson2{
    Name IsoMax350Text
    BirthDate IsoISODate
}
IndividualPerson2 *-- "0..1" CountryAndResidentialStatusType1 : CountryAndResidentialStatus
IndividualPerson2 *-- "0..0" GenericIdentification8 : OtherIdentification
%% CancellationRight1 recursion level 1 with max 1
class CancellationRight1{
    Structured CancellationRight2Code
    AdditionalInformation IsoMax350Text
}
%% InvestmentAccount13 recursion level 1 with max 1
class InvestmentAccount13{
    AccountName IsoMax35Text
    AccountDesignation IsoMax35Text
}
InvestmentAccount13 *-- "1..1" AccountIdentification1 : AccountIdentification
InvestmentAccount13 *-- "0..0" IPartyIdentification2Choice : OwnerIdentification
InvestmentAccount13 *-- "0..1" IPartyIdentification2Choice : AccountServicer
%% RedemptionExecution4 recursion level 1 with max 1
class RedemptionExecution4{
    OrderReference IsoMax35Text
    DealReference IsoMax35Text
    Rounding RoundingDirection2Code
    NetAmount IsoActiveCurrencyAndAmount
    HoldingsRedemptionRate IsoPercentageRate
    GrossAmount IsoActiveCurrencyAndAmount
    PartiallyExecutedIndicator IsoYesNoIndicator
    CumDividendIndicator IsoYesNoIndicator
    IncomePreference IncomePreference1Code
    Group1Or2Units UKTaxGroupUnitCode
    PhysicalDeliveryIndicator IsoYesNoIndicator
    RequestedSettlementCurrency CurrencyCode
    RequestedNAVCurrency CurrencyCode
}
RedemptionExecution4 *-- "0..0" FundOrderType1 : OrderType
RedemptionExecution4 *-- "1..1" FinancialInstrument6 : FinancialInstrumentDetails
RedemptionExecution4 *-- "1..1" FinancialInstrumentQuantity1 : UnitsNumber
RedemptionExecution4 *-- "1..1" IDateAndDateTimeChoice : TradeDateTime
RedemptionExecution4 *-- "1..1" UnitPrice5 : PriceDetails
RedemptionExecution4 *-- "0..1" IProfitAndLoss1Choice : InterimProfitAmount
RedemptionExecution4 *-- "0..0" ForeignExchangeTerms4 : ForeignExchangeDetails
RedemptionExecution4 *-- "0..1" TotalCharges2 : ChargeGeneralDetails
RedemptionExecution4 *-- "0..1" TotalCommissions2 : CommissionGeneralDetails
RedemptionExecution4 *-- "0..1" TotalTaxes2 : TaxGeneralDetails
RedemptionExecution4 *-- "0..1" FundSettlementParameters4 : SettlementAndCustodyDetails
RedemptionExecution4 *-- "0..1" DeliveryParameters3 : PhysicalDeliveryDetails
RedemptionExecution4 *-- "0..1" PaymentTransaction15 : CashSettlementDetails
%% PaymentTransaction15 recursion level 1 with max 1
class PaymentTransaction15{
    SettlementAmount IsoActiveCurrencyAndAmount
    SettlementDate IsoISODate
}
PaymentTransaction15 *-- "0..1" IPaymentInstrument7Choice : PaymentInstrument
  

RedemptionMultipleExecution2 members

IntermediaryDetails building block

Information related to an intermediary. Party that provides services to investors relating to financial products. For comparison, see the ISO20022 official specification

classDiagram
   direction tb
%% Intermediary4 recursion level 0 with max 1
class Intermediary4{
    Role IsoMax35Text
}
Intermediary4 *-- "1..1" IPartyIdentification2Choice : Identification
Intermediary4 *-- "0..1" Account2 : Account
%% IPartyIdentification2Choice recursion level 1 with max 1
%% Account2 recursion level 1 with max 1
Account2 *-- "0..1" AccountIdentification1 : Identification
Account2 *-- "1..1" IPartyIdentification2Choice : AccountServicer
  

Intermediary4 members

CopyDetails building block

Information provided when the message is a copy of a previous message. Information provided when the message is a copy of a previous message. For comparison, see the ISO20022 official specification

classDiagram
   direction tb
%% CopyInformation1 recursion level 0 with max 1
class CopyInformation1{
    CopyIndicator IsoYesNoIndicator
}
CopyInformation1 *-- "1..1" BICIdentification1 : OriginalReceiver
%% BICIdentification1 recursion level 1 with max 1
class BICIdentification1{
    BIC IsoBICIdentifier
}
  

CopyInformation1 members

Extension building block

Additional information that cannot be captured in the structured elements and/or any other specific block. Additional information that can not be captured in the structured fields and/or any other specific block. For comparison, see the ISO20022 official specification

classDiagram
   direction tb
%% Extension1 recursion level 0 with max 1
class Extension1{
    PlaceAndName IsoMax350Text
    Text IsoMax350Text
}
  

Extension1 members

Extensibility and generalization considerations

To facilitate generalized design patterns in the system, the RedemptionMultipleOrderConfirmationV02 implementation follows a specific implementaiton pattern. First of all, RedemptionMultipleOrderConfirmationV02 impleemnts IOuterRecord indicating it is the outermost logical part of the message definition. Like all message wrappers, RedemptionMultipleOrderConfirmationV02Document implements IOuterDocument. Because RedemptionMultipleOrderConfirmationV02 implements IOuterDocument, it is a suitable template parameter for IOuterDocument, and causes the internal ‘Message’ to be of type RedemptionMultipleOrderConfirmationV02.

classDiagram
    class IOuterRecord
    RedemptionMultipleOrderConfirmationV02 --|> IOuterRecord : Implements
    RedemptionMultipleOrderConfirmationV02Document --|> IOuterDocument~RedemptionMultipleOrderConfirmationV02~ : Implements
    class IOuterDocument~RedemptionMultipleOrderConfirmationV02~ {
        RedemptionMultipleOrderConfirmationV02 Message
     }
  

Document wrapper for serialization

The only real purpose RedemptionMultipleOrderConfirmationV02Document serves is to cause the document to be serialized into the ‘urn:iso:std:iso:20022:tech:xsd:setr.006.001.02’ namespace. Therefore, it will probably be the usual practice to build the message and construct this wrapper at the last minute using RedemptionMultipleOrderConfirmationV02.ToDocument() method. The returned RedemptionMultipleOrderConfirmationV02Document value will serialize correctly according to ISO 20022 standards.

classDiagram
    RedemptionMultipleOrderConfirmationV02Document *-- RedemptionMultipleOrderConfirmationV02 : Document
  

Sample of message format

This is an abbreviated version of what the message should look like.

<Document xmlns="urn:iso:std:iso:20022:tech:xsd:setr.006.001.02">
    <setr.006.001.02>
        <MstrRef>
            <!-- MasterReference inner content -->
        </MstrRef>
        <PoolRef>
            <!-- PoolReference inner content -->
        </PoolRef>
        <PrvsRef>
            <!-- PreviousReference inner content -->
        </PrvsRef>
        <RltdRef>
            <!-- RelatedReference inner content -->
        </RltdRef>
        <MltplExctnDtls>
            <!-- MultipleExecutionDetails inner content -->
        </MltplExctnDtls>
        <IntrmyDtls>
            <!-- IntermediaryDetails inner content -->
        </IntrmyDtls>
        <CpyDtls>
            <!-- CopyDetails inner content -->
        </CpyDtls>
        <Xtnsn>
            <!-- Extension inner content -->
        </Xtnsn>
    </setr.006.001.02>
</Document>

Data from ISO specification

This is the technical data from the specification document.

<messageDefinition
  xmi:id="_rWctKNE7Ed-BzquC8wXy7w_939882022"
  nextVersions="_utoEWNE7Ed-BzquC8wXy7w_1346008013"
  name="RedemptionMultipleOrderConfirmationV02"
  definition="Scope&#xD;&#xA;The RedemptionMultipleOrderConfirmation message is sent by an exacting party, eg, a transfer agent, to an instructing party, eg, an investment manager or its authorised representative. There may be one or more intermediary parties between the executing party and the instructing party. The intermediary party is, for example, an intermediary or a concentrator.&#xD;&#xA;This message is used to confirm the details of the execution of a RedemptionMultipleOrder message.&#xD;&#xA;Usage&#xD;&#xA;The RedemptionMultipleOrderConfirmation message is sent, after the price has been determined, to confirm the execution of all individual orders.&#xD;&#xA;A RedemptionMultipleOrder may be responded to by more than one RedemptionMultipleOrderConfirmation, as the valuation cycle of the financial instruments in each individual order may be different.&#xD;&#xA;When the executing party sends several confirmations, there is no specific indication in the message that it is an incomplete confirmation. Reconciliation must be based on the references.&#xD;&#xA;A RedemptionMultipleOrder must in all cases be responded to by a RedemptionMultipleOrderConfirmation message/s and in no circumstances by a RedemptionBulkOrderConfirmation message/s.&#xD;&#xA;If the executing party needs to confirm a RedemptionBulkOrder message, then a RedemptionBulkOrderConfirmation message must be used."
  registrationStatus="Registered"
  messageSet="_urpIICeJEeOCeO5e7islRQ"
  xmlName="setr.006.001.02"
  xmlTag="setr.006.001.02"
  rootElement="Document"
  xmlns:xmi="http://www.omg.org/XMI">
  <constraint
    xmi:id="_rWmeJ9E7Ed-BzquC8wXy7w_1297285210"
    name="AccountIdentificationRule"
    definition="If this message is linked to an account opening request and the account identification is not yet known then the value of the AccountIdentification element in MultipleExecutionDetails/InvestmentAccountDetails must be UNKNOWN."
    registrationStatus="Provisionally Registered" />
  <messageBuildingBlock
    xmi:id="_rWctKdE7Ed-BzquC8wXy7w_1820938179"
    name="MasterReference"
    definition="Reference assigned to a set of orders or trades in order to link them together."
    registrationStatus="Provisionally Registered"
    maxOccurs="1"
    minOccurs="0"
    xmlTag="MstrRef"
    complexType="_Q6vvAdp-Ed-ak6NoX_4Aeg_2101402955" />
  <messageBuildingBlock
    xmi:id="_rWmeINE7Ed-BzquC8wXy7w_1857877983"
    name="PoolReference"
    definition="Collective reference identifying a set of messages."
    registrationStatus="Provisionally Registered"
    maxOccurs="1"
    minOccurs="0"
    xmlTag="PoolRef"
    complexType="_Q6vvAdp-Ed-ak6NoX_4Aeg_2101402955" />
  <messageBuildingBlock
    xmi:id="_rWmeIdE7Ed-BzquC8wXy7w_1844950048"
    name="PreviousReference"
    definition="Reference to a linked message that was previously sent."
    registrationStatus="Provisionally Registered"
    minOccurs="0"
    xmlTag="PrvsRef"
    complexType="_Q6vvAdp-Ed-ak6NoX_4Aeg_2101402955" />
  <messageBuildingBlock
    xmi:id="_rWmeItE7Ed-BzquC8wXy7w_1847721622"
    name="RelatedReference"
    definition="Reference to a linked message that was previously received."
    registrationStatus="Provisionally Registered"
    maxOccurs="1"
    minOccurs="1"
    xmlTag="RltdRef"
    complexType="_Q6vvAdp-Ed-ak6NoX_4Aeg_2101402955" />
  <messageBuildingBlock
    xmi:id="_rWmeI9E7Ed-BzquC8wXy7w_191564288"
    name="MultipleExecutionDetails"
    definition="General information related to the execution of investment fund orders."
    registrationStatus="Provisionally Registered"
    maxOccurs="1"
    minOccurs="1"
    xmlTag="MltplExctnDtls"
    complexType="_VXgOOdp-Ed-ak6NoX_4Aeg_1399796950" />
  <messageBuildingBlock
    xmi:id="_rWmeJNE7Ed-BzquC8wXy7w_-1031425681"
    name="IntermediaryDetails"
    definition="Information related to an intermediary."
    registrationStatus="Provisionally Registered"
    maxOccurs="10"
    minOccurs="0"
    xmlTag="IntrmyDtls"
    complexType="_U_XbBdp-Ed-ak6NoX_4Aeg_-129041693" />
  <messageBuildingBlock
    xmi:id="_rWmeJdE7Ed-BzquC8wXy7w_-2143929681"
    name="CopyDetails"
    definition="Information provided when the message is a copy of a previous message."
    registrationStatus="Provisionally Registered"
    maxOccurs="1"
    minOccurs="0"
    xmlTag="CpyDtls"
    complexType="_RE37Ydp-Ed-ak6NoX_4Aeg_-877911728" />
  <messageBuildingBlock
    xmi:id="_rWmeJtE7Ed-BzquC8wXy7w_-8767689"
    name="Extension"
    definition="Additional information that cannot be captured in the structured elements and/or any other specific block."
    registrationStatus="Provisionally Registered"
    minOccurs="0"
    xmlTag="Xtnsn"
    complexType="_Q6vvCNp-Ed-ak6NoX_4Aeg_1503007069" />
  <messageDefinitionIdentifier
    businessArea="setr"
    messageFunctionality="006"
    flavour="001"
    version="02" />
</messageDefinition>

ISO Building Blocks

The following items are used as building blocks to construct this message.