On 15 February 2021, Invesco are moving account administration services from SS&C Financial Services International Limited (SS&C) to Bank of New York Mellon (BNYM).
Please see below information in relation to this change. More information can also be found on the Invesco website.
STP Trading – EMX & CTN
Electronic trading via EMX and CTN will be temporarily unavailable in line with the below valuation points;
12pm VP/5pm cut off – Rejected from 5pm 11 February 2021 (Summit Fund Series only)
12pm VP/12pm cut off – Rejected from 12pm 12 February 2021
Any trades after this point will be rejected and can be submitted after 8am on Monday 15th February 2021 once the connections are re-established with Bank of New York Mellon, using your new account details.
We will be closing Electronic Re-Registration between 8 February 2021 and 12 February 2021 (inclusive). Any electronic trades submitted during this period will be automatically rejected.
We are changing solution provider from Altus to Calastone for TeX transfers and re-registrations; this will be available from 8am 15 February 2021. Further information, including changes to SWIFT details, is available on the Invesco website.
Further information will also be provided by TeX separately.
Bank Account Details
If you settle purchases of shares electronically, these payments must be made into our new bank account from 15 February 2021 and should be accompanied by your new account number.
Our new bank details can be found on the Invesco website.
A complete list of ICVC funds in-scope for this move is available on the Invesco website.
CREST settlement remains unchanged. Trades will continue to settle via CREST during the migration period and BNYM will facilitate CREST settlement from 15 February 2021 onwards.
Please ensure you have made all relevant internal parties aware of these changes and updates are made in line with the dates above.
New Online Service
BNY Mellon also offers a secure, self-service web portal, Transfer Agency (TA) Online. This provides investors with access to account data and activity as well as an online dealing capability.
If you would like more information about TA Online or wish to sign up for the portal, please email firstname.lastname@example.org.
SS&C are unable to comment on the operation under the new administrators however, should you have any queries on this communication please contact the SS&C Distributor Client Services Team using our Webchat service on www.distributorportal.co.uk.