[12632]
September 15, 2000
TO: PRIMARY CONTACTS - MEMBER COMPLEX No. 61-00
OPERATIONS MEMBERS No. 20-00
BANK AND TRUST ADVISORY COMMITTEE No. 25-00
TRANSFER AGENT ADVISORY COMMITTEE No. 45-00
RETIREMENT PLAN THIRD PARTY ADMINISTRATORS AND RECORDKEEPERS
RE: BANK & TRUST WORKSHOPS – MARK YOUR CALENDAR
The Institute will be hosting a series of one-day Bank & Trust Workshops in November
of this year in San Francisco, New York and Boston. The purpose of the workshops is to educate
mutual fund and bank and trust operations professionals in the use of technology solutions and
other business tools designed to facilitate trust and defined contribution processing and reduce
associated costs and risks.
As indicated in the attached preliminary program, the workshop will cover trust
processing and provide a basic understanding of how trust accounts are processed from a bank,
service provider and mutual fund perspective. It will provide an overview of Depository Trust
and Clearing Corporation services such as Trust Fund/SERV, Networking and the Defined
Contribution Clearance and Settlement Service (DCC&S). The workshops will conclude with a
discussion of processing guidelines and agreements between funds, trusts and third party
recordkeepers.
Panelists will include: Jeff Becker, Vice President - Mutual Fund Development, PFPC
Global Funds Services, Inc.; Denise Burton, Account Manager, The Depository Trust and
Clearing Corporation; Patricia (Patti) Hamel, Manager and AVP of Mutual Fund Trust
Operations, Wells Fargo Bank; Nino Palermo, Vice President, American Funds Services; Brian
Scribner, Director, The Depository Trust and Clearing Corporation; and Gail Weiss, President,
Gail Weiss and Associates, Inc.
Registration for each workshop will begin at 8:30 am. The program will begin at 9:00 am
and conclude at approximately 4:00 pm. Lunch will be provided. Business attire.
To register, complete the attached registration form and return it, along with a check
made payable to the Investment Company Institute for $275 per registrant (non-members
should submit a check of $375 per registrant). Participation in each program is limited, so
please register as soon as possible. Registrations will not be accepted by phone. Cancellations
received less than five (5) days before the specific program will incur a $100 administrative fee.
Notice of cancellation must be received in writing. No refunds can be made after the program.
Please make your hotel reservations by calling the hotel directly. To receive the
preferred hotel rate that has been arranged, you must reserve your room by the cut-off date
indicated below and mention the Investment Company Institute when making the reservation.
San Francisco, CA
Friday, November 17 Hyatt Regency San Francisco
5 Embarcadero Center
San Francisco, CA 94111
Phone: (415) 788-1234
Room Rates: $199.00 single/$224.00 double
Hotel Cut-off: October 24, 2000
Boston, MA
Wednesday, November 29 Hilton Boston Back Bay
40 Dalton Street
Boston, MA 02115
617/236-1100
Room Rates: $299.00 single/$324.00 double
Hotel Cut-off: October 26, 2000
New York, NY
Thursday, November 30 The Sheraton New York Hotel & Towers
811 Seventh Avenue at 52nd Street
New York, NY 10019
Phone: 1-800-223-6550
Room Rates: $355.00 single/$385.00 double
Hotel Cut-off Date: November 3, 2000
Every effort will be made to hold these workshops on the dates and in the cities listed. However,
due to unforeseeable circumstances, it may be necessary to cancel or reschedule some of the meetings.
Should it become necessary to cancel one or more of the programs, the Institute assumes no liability for
non-refundable transportation costs, hotel accommodations or additional costs incurred by registrants.
For more information, contact the Institute’s Conference Division at 202/326-5968.
Justine Phoenix
Director – Operations/
Distribution and Service
Attachments
BANK & TRUST WORKSHOPS
SPONSORED BY THE INVESTMENT COMPANY INSTITUTE
Preliminary Program
8:30 a.m. Registration and Coffee
9:00 – 9:10 a.m. Welcome and Introduction
9:10 – 10:10 a.m. DTCC Overview
• Trust Fund/SERV, Networking
• Defined Contribution Clearance and Settlement Service
• Other DTCC products and services
10:10 – 11:10 a.m. Trust Processing from a Trust Perspective
• Role of Trust Company
• Trust Processing and use of DTCC services
• Challenges and issues for trust companies
11:10 - 11:25 a.m. Break
11:25 a.m. – 12:30 p.m. Trust Processing from a Mutual Fund Perspective
• Role of Mutual Fund Company
• Use of DTCC services for trust accounts
• Challenges and issues for mutual funds
12:30 – 1:15 p.m. Lunch
1:15- 2:15 p.m. Defined Contribution Clearance and Settlement Service
• Role of DCC&S in retirement plan market
• Differences between dual and tri-party relationships
• Features, benefits and issues for participants
2:15 – 2:30 p.m Break
2:30 – 3:30 p.m. Trust Processing and DCC&S from a
Service Provider Perspective
• How does a service provider process these trades
• Systems modifications to accommodate services
• Issues, challenges, problem resolution
3:30 – 4:00 p.m Agreements and Guidelines
Bank & Trust Workshops
San Francisco, CA (Nov. 17) Boston, MA (Nov. 29) New York, NY (Nov. 30)
Hyatt Regency San Francisco Hilton Boston Back Bay Sheraton New York Hotel
Name Mr. Mrs. Ms. Badge Name
Name of Organization
Address
City, State Zip Code
Telephone Fax
REGISTRATION FEES
$275 for directors, trustees, officers, partners and employees of Investment Company Institute
members and associate members*
$375 for other attendees, including outside counsel, auditors, transfer agents and custodians
Conference registration is not available for members of the press.
*Associate members are limited to two conference registrations at the member rate.
Check/Money Order (Make checks payable to the Investment Company Institute)
Credit cards – Complete the sections below and fax to 202/326-8307
Charge to: American Express Visa MasterCard
Card Number Exp. Date
Cardholder’s Name (as it appears on card)
Signature
Upon receipt of registration and payment, the Institute will send a confirmation letter with a record of
your check or credit card information. Please note that this is your receipt of payment of registration fees.
REGISTRATION & CANCELLATION DEADLINES
Registrations will not be accepted by phone. Cancellations received less than five (5)
days before the specific program will incur a $100 administrative fee. Notice of cancellation
must be received in writing. No refund can be made after the program.
HOTEL RESERVATIONS
A block of rooms has been reserved at each hotel. Attendees must make their own hotel
reservation by calling the hotel directly. Be sure to identify yourself as an Investment Company
Institute conference attendee to secure the special room rate. Also, the attendee must contact
the hotel by the cut-off date indicated above to obtain the rate.
NOTE
The Investment Company Institute assumes no liability for nonrefundable transportation costs,
hotel accommodations or additional costs incurred by registrants.
Audience use of laptops, recording devices, cellular phones and pagers are prohibited during
sessions.
Please check here if you need services due to a disability.
Please check here if you have dietary restrictions.
Please specify below:
RETURN THIS FORM WITH A CHECK OR FAX WITH CREDIT CARD INFORMATION
TO:
Conference Division
INVESTMENT COMPANY INSTITUTE
1401 H Street, NW, Suite 1200
Washington, DC 20005-2148
Conference Division Telephone: 202/326-5968
Conference Division Fax: 202/326-8307
Attachment no. 1 (in .pdf format)