Investments Request Transaction

Within the Charge transaction type, there is a Pool Fund Investment Request (PFIR) transaction that is an optional tool in the Treasury/Investments function whereby existing participants can request a sum be invested into an account within a pool. The transaction also allows existing participants to withdraw from a pool. The choice of event type determines which action and what edits are performed. Both functions are a tool that allows participants the option to have a say in where their cash is invested. The Cash Sweep process still applies to this transaction as the request puts the cash into the account defined on Sweep (SWEEP).

The presentation of the Pool Fund Investment Request transaction shows all the fields found on the Cost Allocation transaction. As such, many do not apply and should be hidden if there is no applicable use to simplify the presentation.

Based on the event category that infers from the event type selected, the transaction performs certain specific updates and edits tied to an investment request or an investment withdrawal. Both validate the participant against Sweep data. A withdrawal ensures that the Accumulated Amount on Pool History can accommodate the withdrawal. A withdrawal also updates Pool History and reduces the Accumulated Amount.

Implementation considerations include:

• If a participant belongs to more than one pool with all the same participant fields on Sweep, some means to identify the pool is necessary.

• As this transaction does not use the Investment Account page of Advanced Treasury, some means to identify the investment account within the pool is required. That can be in the Line Description of the Accounting Line.

• Approvals by the treasury investment team are highly likely in both scenarios to keep Advantage in sync with one or more external investment tools.