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Standards Update April 2019

Please see below for the latest updates and progress on our Standards. If you'd like further information on anything identified below please contact Karen.

New Standards Holders in April 2019

Raymond James Investment Services Ltd

PSG Update

Process & Standards Group (PSG)

Providing detailed Governance of the evolution of Origo Standards.

Start-End (Forecast)

Standing Governance Group.

Progress this Month

The PSG met on 15th May 2019 in Edinburgh and full Minutes will be published on the Origo Standards website.  A useful Focus Session was held that same day on Origo Standards - Business and Technical Architecture.  This meeting will also be summarised, and details published on the Origo Standards website.

Future Milestones

Meeting on 21st August 2019 - Conference Call.

Meeting on 4th September 2019 - Conference Call.

Meeting on 6th November 2019 - Royal London hosting in London.

Standards Development

Bulk Transaction History

Development project to help improve the communication of Transaction History information to support Advisers in being able to provide clients with an up to date view of transactions via their Client Portal, whilst ensuring that it would not have a negative impact on the Product Provider's core systems (i.e. is scalable).

Start-End (Forecast)

October 2018 - March 2019

Progress this Month

The Draft A and Draft Final Bulk Transaction History Standards were published to the Working Group during March 2019.

Future Milestones

Invitation to form an Implementation Group issued.

Final version to be published after Industry review period, which is set at three months.

Group Risk Standards Development

Development project to develop Standards to support the Group Risk Mid Term Changes process (formerly referred to as Renewals).  The Mid Term Changes process includes, but not so restricted, to the reconciliation of Mid Term Changes related date held between the various parties trading.  Member underwriting and the calculation of Mid Term Changes Premium will be included in the data to support Mid Term Changes process.  The project will be run over a period of approximately 6 months.

Start-End (Forecast)

March 2019 - September 2019.

Progress this Month

The Group Risk Working Group has been formed and a Workshop is being held on 22nd May 2019 to understand and document the Mid Term Changes process and Solution Models.  Criterion welcomes further interested parties to participate in the Working Group.

Future Milestones

Issue the Mid Term Changes Process and Solution Models and Use Cases arising from the workshop to the Working Group for review and confirmation.

Standards Research

Open Banking Research

Research Project to:-

Obtain a greater understanding of the impact or benefits of Open Banking relating to the Life, Pensions and Investment sectors and identify any gaps that may exist.

Identify, document and assess the potential impact or benefits of other 'open data' initiatives relevant to the scope of Origo Standards.  Understand the demand for Standards Development in this area and to identify processes that could benefit from their development.

Start-End (Forecast)

January 2019 - March 2019

Progress this Month

The Opening Banking Impact Assessment Report was published to the Research Group and a teleconference arranged to discuss it with the Research Group.  The Research Group endorsed its findings, primarily for Criterion to maintain a watching brief on market developments.

Future Milestones

Issue the Open Banking Impact Assessment Report to the PSG and OTG.

No immediate further activity beyond this, with Criterion maintaining a watching brief.

Documents Issued in April 2019

Bulk Transaction History End Stage Report – Published on 10th April 2019

Open Banking Impact Assessment (updated) – Published on 19th April 2019

Group Risk Standards Development Terms of Reference – Published on 19th April 2019

Standards Published in April 2019

Contract Enquiry Bulk Transaction History v1.0 Draft Final – Published on 8th April 2019

BRD.pdf

BulkTransactionHistory.pdf

BulkTransactionHistory.xsd

BulkTransactionHistoryCSVSpecification.pdf

BulkTransactionHistorySamples.zip

Candidate_Design.pdf

SampleMessages.pdf

Contract Enquiry Pensions Valuation v2.4 – Published on 15th April 2019

CEPensionMultiContractAcknowledgement.xsd

CEPensionMultiContractDetailResponse.xsd

CEPensionMultiContractReferenceResponse.xsd

CEPensionMultiContractRequest.xsd

CEPensionSingleContractDetailResponse.xsd

CEPensionSingleContractDetailResponseExample.xml

CEPensionSingleContractReferenceResponse.xsd

CEPensionSingleContractReferenceResponseExample.xml

CEPensionSingleContractRequest.xsd

CEPensionSingleContractRequestExample.xml

CE_BusinessErrors.pdf

CE_MultiPensions_v2.4_ChangeRequests.html

CE_PensionMultiContractAcknowledgement.pdf

CE_PensionMultiContractDetailResponse.pdf

CE_PensionMultiContractReferenceResponse.pdf

CE_PensionMultiContractRequest.pdf

CE_PensionSingleContractDetailResponse.pdf

CE_PensionSingleContractReferenceResponse.pdf

CE_PensionSingleContractRequest.pdf

CE_Pensions_v2.4_ChangeRequests.html

CE_SinglePensions_v2.4_ChangeRequests.html

OrigoMessageHeader.xsd

xmldsig-core-schema.xsd

Contract Enquiry Pensions Single Contract Valuation v2.4 – Published on 11th April 2019

CEPensionSingleContractDetailResponse.xsd

CEPensionSingleContractDetailResponseExample.xml

CEPensionSingleContractReferenceResponse.xsd

CEPensionSingleContractReferenceResponseExample.xml

CEPensionSingleContractRequest.xsd

CEPensionSingleContractRequestExample.xml

CE_BusinessErrors.pdf

CE_PensionSingleContractDetailResponse.pdf

CE_PensionSingleContractReferenceResponse.pdf

CE_PensionSingleContractRequest.pdf

CE_SinglePensions_v2.4_ChangeRequests.html

OrigoMessageHeader.xsd

xmldsig-core-schema.xsd

Flexible Integration Toolkit (FIT) v2.0 – Published on 22nd April 2019

Pattern_History_FIT_release_v2.0.html

Pattern_History_FIT_release_v2.0.xml

Flexible Integration Toolkit (FIT) v3.0 – Published on 22nd April 2019

Pattern_History_FIT_release_v3.0.html

Pattern_History_FIT_release_v3.0.xml

Flexible Integration Toolkit (FIT) v3.1 – Published on 22nd April 2019

Pattern_History_FIT_release_v3.1.html

Pattern_History_FIT_release_v3.1.xml

Flexible Integration Toolkit (FIT) v3.2 – Published on 22nd April 2019

Pattern_History_FIT_release_v3.2ProvisionalBuild1.html

 Pattern_History_FIT_release_v3.2ProvisionalBuild1.xml

Pattern_Names.html Pattern_names.xml

HTTP Message Transmission Guidelines v1.3 – Published on 10th April 2019

Message_types.html

Message_types.xml

HTTP Message Transmission Guidelines v2.0 – Published on 10th April 2019

Message_types.html

Message_types.xml

HTTP Message Transmission Guidelines v2.1 – Published on 10th April 2019

Message_types.html

Message_types.xml

HTTP Message Transmission Guidelines v2.2 – Published on 10th April 2019

Message_types.html

Message_types.xml

New Business Endowments v3.8 Provisional – Published on 19th April 2019

NBEndowments_v3.8Provisional_ChangeRequests.html

New Business Protection v3.10 Provisional – Published on 19th April 2019

NBProtection_v3.10_Provisional_ChangeRequests.html

Quotes Endowments v3.8 Provisional – Published on 19th April 2019

QuotesEndowments_v3.8Provisional_ChangeRequests.html

Quotes Protection v3.10 Provisional – Published on 19th April 2019

QuotesProtection_v3.10_Provisional_ChangeRequests.html

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