SubscriptionMultipleOrderConfirmationV02

setr.012.001.02

Scope The SubscriptionMultipleOrderConfirmation message is sent by an executing party, eg, a transfer agent, to the instructing party, eg, an investment manager or its authorised representative. There may be one or more intermediary parties between the executing party and the instruction 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 SubscriptionMultipleOrder message. Usage The SubscriptionMultipleOrderConfirmation message is sent, after the price has been determined, to confirm the execution of the individual orders. A SubscriptionMultipleOrder may be responded to by more than one SubscriptionMultipleOrderConfirmation message, 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 SubscriptionMultipleOrder must in all cases be responded to by a SubscriptionMultipleOrderConfirmation message/s and in no circumstances by a SubscriptionBulkOrderConfirmation message/s. If the executing party needs to confirm a SubscriptionBulkOrder message, then a SubscriptionBulkOrderConfirmation 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
%% SubscriptionMultipleOrderConfirmationV02 recursion level 0 with max 0
SubscriptionMultipleOrderConfirmationV02 *-- "0..1" AdditionalReference3 : MasterReference
SubscriptionMultipleOrderConfirmationV02 *-- "0..1" AdditionalReference3 : PoolReference
SubscriptionMultipleOrderConfirmationV02 *-- "0..1" AdditionalReference3 : PreviousReference
SubscriptionMultipleOrderConfirmationV02 *-- "1..1" AdditionalReference3 : RelatedReference
SubscriptionMultipleOrderConfirmationV02 *-- "1..1" SubscriptionMultipleExecution2 : MultipleExecutionDetails
SubscriptionMultipleOrderConfirmationV02 *-- "0..10" Intermediary4 : IntermediaryDetails
SubscriptionMultipleOrderConfirmationV02 *-- "0..1" CopyInformation1 : CopyDetails
SubscriptionMultipleOrderConfirmationV02 *-- "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 order. Execution of a subscription order. For comparison, see the ISO20022 official specification

classDiagram
   direction tb
%% SubscriptionMultipleExecution2 recursion level 0 with max 1
class SubscriptionMultipleExecution2{
    PlaceOfTrade CountryCode
    OrderDateTime IsoISODateTime
}
SubscriptionMultipleExecution2 *-- "0..1" CancellationRight1 : CancellationRight
SubscriptionMultipleExecution2 *-- "1..1" InvestmentAccount13 : InvestmentAccountDetails
SubscriptionMultipleExecution2 *-- "0..1" IndividualPerson2 : BeneficiaryDetails
SubscriptionMultipleExecution2 *-- "1..0" SubscriptionExecution4 : IndividualExecutionDetails
SubscriptionMultipleExecution2 *-- "0..1" PaymentTransaction13 : BulkCashSettlementDetails
%% 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
%% IndividualPerson2 recursion level 1 with max 1
class IndividualPerson2{
    Name IsoMax350Text
    BirthDate IsoISODate
}
IndividualPerson2 *-- "0..1" CountryAndResidentialStatusType1 : CountryAndResidentialStatus
IndividualPerson2 *-- "0..0" GenericIdentification8 : OtherIdentification
%% SubscriptionExecution4 recursion level 1 with max 1
class SubscriptionExecution4{
    OrderReference IsoMax35Text
    DealReference IsoMax35Text
    Rounding RoundingDirection2Code
    NetAmount IsoActiveCurrencyAndAmount
    GrossAmount IsoActiveCurrencyAndAmount
    PartiallyExecutedIndicator IsoYesNoIndicator
    CumDividendIndicator IsoYesNoIndicator
    IncomePreference IncomePreference1Code
    LetterIntentReference IsoMax35Text
    AccumulationRightReference IsoMax35Text
    PhysicalDeliveryIndicator IsoYesNoIndicator
    RequestedSettlementCurrency CurrencyCode
    RequestedNAVCurrency CurrencyCode
    Refund IsoActiveCurrencyAndAmount
    SubscriptionInterest IsoActiveCurrencyAndAmount
}
SubscriptionExecution4 *-- "0..0" FundOrderType1 : OrderType
SubscriptionExecution4 *-- "1..1" FinancialInstrument6 : FinancialInstrumentDetails
SubscriptionExecution4 *-- "1..1" FinancialInstrumentQuantity1 : UnitsNumber
SubscriptionExecution4 *-- "1..1" IDateAndDateTimeChoice : TradeDateTime
SubscriptionExecution4 *-- "1..1" UnitPrice5 : PriceDetails
SubscriptionExecution4 *-- "0..1" IProfitAndLoss1Choice : InterimProfitAmount
SubscriptionExecution4 *-- "0..0" ForeignExchangeTerms4 : ForeignExchangeDetails
SubscriptionExecution4 *-- "0..1" TotalCharges2 : ChargeGeneralDetails
SubscriptionExecution4 *-- "0..1" TotalCommissions2 : CommissionGeneralDetails
SubscriptionExecution4 *-- "0..1" TotalTaxes2 : TaxGeneralDetails
SubscriptionExecution4 *-- "0..1" FundSettlementParameters3 : SettlementAndCustodyDetails
SubscriptionExecution4 *-- "0..1" DeliveryParameters3 : PhysicalDeliveryDetails
SubscriptionExecution4 *-- "0..1" PaymentTransaction13 : CashSettlementDetails
%% PaymentTransaction13 recursion level 1 with max 1
class PaymentTransaction13{
    SettlementAmount IsoActiveCurrencyAndAmount
    SettlementDate IsoISODate
}
PaymentTransaction13 *-- "0..1" IPaymentInstrument6Choice : PaymentInstrument
  

SubscriptionMultipleExecution2 members

IntermediaryDetails building block

Confirmation of the 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 SubscriptionMultipleOrderConfirmationV02 implementation follows a specific implementaiton pattern. First of all, SubscriptionMultipleOrderConfirmationV02 impleemnts IOuterRecord indicating it is the outermost logical part of the message definition. Like all message wrappers, SubscriptionMultipleOrderConfirmationV02Document implements IOuterDocument. Because SubscriptionMultipleOrderConfirmationV02 implements IOuterDocument, it is a suitable template parameter for IOuterDocument, and causes the internal ‘Message’ to be of type SubscriptionMultipleOrderConfirmationV02.

classDiagram
    class IOuterRecord
    SubscriptionMultipleOrderConfirmationV02 --|> IOuterRecord : Implements
    SubscriptionMultipleOrderConfirmationV02Document --|> IOuterDocument~SubscriptionMultipleOrderConfirmationV02~ : Implements
    class IOuterDocument~SubscriptionMultipleOrderConfirmationV02~ {
        SubscriptionMultipleOrderConfirmationV02 Message
     }
  

Document wrapper for serialization

The only real purpose SubscriptionMultipleOrderConfirmationV02Document serves is to cause the document to be serialized into the ‘urn:iso:std:iso:20022:tech:xsd:setr.012.001.02’ namespace. Therefore, it will probably be the usual practice to build the message and construct this wrapper at the last minute using SubscriptionMultipleOrderConfirmationV02.ToDocument() method. The returned SubscriptionMultipleOrderConfirmationV02Document value will serialize correctly according to ISO 20022 standards.

classDiagram
    SubscriptionMultipleOrderConfirmationV02Document *-- SubscriptionMultipleOrderConfirmationV02 : 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.012.001.02">
    <setr.012.001.02>
        <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.012.001.02>
</Document>

Data from ISO specification

This is the technical data from the specification document.

<messageDefinition
  xmi:id="_1Ask6NE7Ed-BzquC8wXy7w_-475938277"
  nextVersions="_4VogaNE7Ed-BzquC8wXy7w_-766805921"
  name="SubscriptionMultipleOrderConfirmationV02"
  definition="Scope&#xD;&#xA;The SubscriptionMultipleOrderConfirmation message is sent by an executing party, eg, a transfer agent, to the instructing party, eg, an investment manager or its authorised representative. There may be one or more intermediary parties between the executing party and the instruction 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 SubscriptionMultipleOrder message.&#xD;&#xA;Usage&#xD;&#xA;The SubscriptionMultipleOrderConfirmation message is sent, after the price has been determined, to confirm the execution of the individual orders.&#xD;&#xA;A SubscriptionMultipleOrder may be responded to by more than one SubscriptionMultipleOrderConfirmation message, 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 SubscriptionMultipleOrder must in all cases be responded to by a SubscriptionMultipleOrderConfirmation message/s and in no circumstances by a SubscriptionBulkOrderConfirmation message/s.&#xD;&#xA;If the executing party needs to confirm a SubscriptionBulkOrder message, then a SubscriptionBulkOrderConfirmation message must be used."
  registrationStatus="Registered"
  messageSet="_urpIICeJEeOCeO5e7islRQ"
  xmlName="setr.012.001.02"
  xmlTag="setr.012.001.02"
  rootElement="Document"
  xmlns:xmi="http://www.omg.org/XMI">
  <constraint
    xmi:id="_1BAG4NE7Ed-BzquC8wXy7w_-401132135"
    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="_1Ask6dE7Ed-BzquC8wXy7w_2083815403"
    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="_1A2V4NE7Ed-BzquC8wXy7w_2095819780"
    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="_1A2V4dE7Ed-BzquC8wXy7w_2093971857"
    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="_1A2V4tE7Ed-BzquC8wXy7w_2098590018"
    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="_1A2V49E7Ed-BzquC8wXy7w_955522079"
    name="MultipleExecutionDetails"
    definition="General information related to the execution of investment fund order."
    registrationStatus="Provisionally Registered"
    maxOccurs="1"
    minOccurs="1"
    xmlTag="MltplExctnDtls"
    complexType="_VVbKktp-Ed-ak6NoX_4Aeg_123428666" />
  <messageBuildingBlock
    xmi:id="_1A2V5NE7Ed-BzquC8wXy7w_536472801"
    name="IntermediaryDetails"
    definition="Confirmation of the information related to an intermediary."
    registrationStatus="Provisionally Registered"
    maxOccurs="10"
    minOccurs="0"
    xmlTag="IntrmyDtls"
    complexType="_U_XbBdp-Ed-ak6NoX_4Aeg_-129041693" />
  <messageBuildingBlock
    xmi:id="_1A2V5dE7Ed-BzquC8wXy7w_1679115496"
    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="_1A2V5tE7Ed-BzquC8wXy7w_678927183"
    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="012"
    flavour="001"
    version="02" />
</messageDefinition>

ISO Building Blocks

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