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� ��ก�� ก�� Back office module• Account opening & Trading• Trade registration and Amendment

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• Trade registration and Amendment• Pre-Settlement Simulation and Settlement • Depository functions : Transfer, Deposit, Withdraw• Corporate action: auto-sweep entitlement list

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Objective• Enhance efficiency and straight-through processing • Reduce human intervention and operation burden between

double work in member back office and PTI• Speed-up book closing process• To be in line with international market practices by

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• To be in line with international market practices by increasing more transparency and more automated processing.

• Able to support multi-market and multi-currency products

Post-trade Plans

2014 Q1 Q2 Q3 Q4 2015Q1 Q2

1. New clearing systems:

1.1 Phase 1 - derivatives clearing system

1.2 Phase 2 - equity clearing system

2. New depository system (depository accounts segregation & PSMS)

3. New member back office system

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3. New member back office system

3.1 phase 1 - equity

3.2 phase 2 - derivatives

4. Support member outbound investment

4.1 ASEAN post-trade link

4.2 Outbound investment (outside ASEAN)

5. Fund settlement business

Q4,2015

July 2014

Q3, 2014

Business model by Q1, 2014

Back-office Module

Overall Project TimelineOverall Project Timeline

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Q1 Q2 Q3

2014 2015

Market Rehearsal

Industry Wide TestIndustry Wide Test

Go-Live

(6 May)

Communication (BOO & FI, Custodian

Club) API Spec Released

ISV Training ISV DevelopmentISV Development

Derivatives Clearing

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New Member’s Back-office

(Phase I – Equity)

Member Training

Industry Wide TestIndustry Wide Test

Conformance TestConformance Test

Go-Live

(Q2 2015)

Cash Clearing & Depository [Segregate account & PSMS]

1

1. SiteVisit

2

2. FinalistSelection

3

3. ProjectKickoff

Go Phase

1(Equity)

Q4/2015

Phase 2(Derivatives)

Analysis (2 mths)

System coding (1)

System Design (2 mth)

Conformance Test 1

Industry Wide Test

System Coding (2)

New Clearing New Clearing �

PSMS BrokerCustodianCalculate Obligation on Net Basis

� by trade acct (for Broker) � by depository acct (For Custodian)

Clearing-to-Custodian��

New Depository New Depository �Registrar Registrar

Corporate

Overview of New Post-trade & New Member Back Office

Auto Sweep Entitlement List (Scripless) to

registrar

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New Member Back Office New Member Back Office

Cross collateral managementReport Generator tools

Multi-exchanges

Integrated Risk management

e-Document

Advance confirm & Warehouse

API Linkage

�

Clearing at Omnibus LevelClearing at Omnibus Level

Clearing Client

Clearing Client

Clearing Port

Clearing Port

Subscription

(IPO/PO)

Corporate Actions

Interface with member back office via API Linkage

Depository Segregated Account Depository Segregated Account credit

securities Account Opening

registrar

Multi-markets/products

Instruct Securities settlement @ segregated level

Segregated Depository Account Structure

MemberLevel

Central Securities Depository

MemberTSD & TCH have a legal TSD & TCH have a legal relationship only with

member level

Depository ClientClearing Port Depository Port Clearing ClientSink Acct Depository-Client

Deposit Acct �� -1

Deposit Acct�� =

Deposit Acct Institution -Ints A


Deposit Acct�� ก

99

Client Level

Member Back Office

�API message/Upload for depository �API message/Upload for depository transactions�Data & Balance Reconciliation

Depository Account Opening


Account profile set-up(Maintain trading account and shareholder profile for

Depository Account)

�� = Institution -Ints A


Deposit Acct Institution -Ints A

Trade acct -1Trade acct -2





Deposit Acct Institution -Ints B



Account Opening & Trading

New Clearing

New Clearing �

Deal registration On real-time basis

New Depository

New Depository

�

Depository Segregated Account Depository Segregated Account

Deal & Trade AccountOrder & Trade

AccountOn Trade Date (T)

Record 8Pending Obligation to be settled; � By Depository Segregated Account � By Settlement Date

Notice obligation on net basis

(Batch)

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New Member Back Office New Member Back Office �

API Message to instruct account opening

Depository Segregated Account Depository Segregated Account Account Opening

� Client Level� Client-Account Level

Member Front Office Account Opening

� Client Level� Client-Account Level

Notify Trade Account

Calculate obligation both atSegregated level & Omnibus level

Trade registration and amendment

New Clearing

New Clearing

�

� Deal registration on real-time basis � Deal amendment� Trade amendment •Account no.• Investor type•NVDR Adjustment•Allotment

New Depository

New Depository

�

T-T+3

Depository Segregated Account Depository Segregated Account Account Opening

Deal & Trade Account

Order & Trade Account

Update 8Pending Obligation to be settled; � By Depository Segregated Account � By Settlement Date

Update obligation due to amendment

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Allotment

Amended by Front office (Day T)

(Optional)

Member Front Office

Re -Calculate Obligation inSegregated level & Omnibus level

Day : T-T+3

Account Opening� Client Level� Client-Account Level

� Deal Amendment � Trade Amendment

API Message to instruct amendment

Pre-Settlement Simulation and Settlement

New Clearing New Clearing �

New Depository New Depository �

PSMS BrokerCustodian

�� Clearing-to-Custodian : Match transaction with Counterparty

� �� Re -Calculate Obligation in

Segregated level & Omnibus level

T-T+3T-T+3

��Simulation (@ every interval time)

Pre-Settlement Matching System (PSMS)

Member

�� Send matched Transaction

�Instructionsecurities settlement

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Clearing to Custodian(Pre-SettlementInstruction)

Domestic -AMC

Foreign Investor Trades

Clearing Client

Clearing Client

Member

Clearing Port

Clearing Port



Deposit AcctPort

securities settlementSweep securitiesup to Clearing Acct

Sweep securities down to Deposit Acct

��API Message to instruct Pre-Settlement transaction

�� Member inquiry settlement Status in PTI

Depository function

New Depository

New Depository

�

Execute & Update Account Balance due to member>s depository instruction

MemberDeposit Acct

�� กDeposit Acct

�� =Deposit Acct

�� -1Deposit Acct

�� -2

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Depository Function (i.e. Deposit Withdraw Transfer)

API Message to instruct depository transaction

�� ก �� = �� -1 �� -2

Deposit Withdraw Transfer

Corporate action

Registrar Registrar New Depository New Depository �

Member


Deposit Acct�� -1

Deposit Acct�� -2

Deposit AcctInstitution A

Corporate Actions

Auto Sweep Entitlement List

(Scripless) to registrar

Deposit AcctPort


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Update account balance and maintain investor record to be entitled on record date

�� = �� -1 �� -2 Institution AActions Port�� ก

Market Consultation and Communication

MilestonesSchedule (tentative)

Main Activities

CEO/ COO>s Meeting Group

Kick-Off session

29 January

2014

• Kick-off the project and communication with market participants

CIO & ISV Monthly

• Communicate project progress & timeline • Communicate changes & information related

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CIO & ISV Monthly • Communicate changes & information related to systems

BOO & Custodian Club Monthly

• Communicate project progress & timeline• Consult & hearing business practices or

issues

TSD & TCH Members Monthly• Communicate project progress & timeline • Rules and Regulations

Settlement Banks & Bank of Thailand Quarterly • Communicate project progress & timeline

qrqs0�0�t�*� �*q�

Issue Contact person Tel E-mail

Clearing • Kanyarat Sriaroon• Kitipat Chantarasrivongs

02-229-292902-220-2669

[email protected]

Depository • Pornpreeya Vatthanasuk • Wimol Plubplasri

02-229-2938-46 [email protected]

PSMS • Yukolthorn Sakdadsathaporn 02-229-2882,2886 [email protected]

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PSMS • Yukolthorn Sakdadsathaporn• Nawarat Panichpiboon

02-229-2882,288602-229-2939

[email protected]

Memberback-office

• Suwannee Tantirojanawong • Rachatasorn Khaosam-Ang

02-229-228802-229-2808

[email protected]

Thank youThank you

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Thank youThank you

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