Scotia- DividendClaims-SCOTIA Dividend Claims

Scotia processes Dividend claims only. 

IT – [e-mail], [e-mail]

Project Manager - [e-mail]

Cognizant Sales :  Jim Dore

Web or Desktop	Web
I.E or Chrome	I.E
User roles	Y
AD groups	N
Home screen	N
Dividends	Y
Coupons	N
Claim generation	Y
AutoSend	Y
Invoice creation	N
Intercompany Match	N
Equilend Match	N
Payment + Settlement	N
Posting	N
Auto-Payment	N
Auto-Settlement	N
Client SSI maintained in Merit	N
Split claims	N
Dashboard reports	Y

System receives two files to load dividend claims; a) The 30 day report contains dividends which have gone record and have upcoming payable dates. This report allows Scotia to start sending out claims P/D -3

b) The Cash report reflects all dividends payable “today”.  Scotia review the Cash report daily to identify dividends where the Record Date = P/D -1 as this would not have been captured in the 30 day report.

System has a settlement option but this option is only used for marking claims as settled/closed and no settlement file is created.