Agenda
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Introduction,
Agreed technical standards consisting of the following:
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Type of files
Number of fifes
Contents of the file (including unique identifier)
Structure (sequence / order)
Format (including address)
Encryption and transmission
Timings and collaborative protocol
Common definitions of inclusions and exclusions
Harmonised compensation limit
Cultural issues
Governance / data privacy
‘Next step / objectives
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Introduction
» Increased use of EFDI / EU schemes of SCV / data files
» DGSD—home / host scheme payout
» Voluntary cooperation for cross-border payment
» Previous sharing of SCV process/formats
35 Confidential SCSClaims Processing Systems
» Claims processing systems are designed to:
» Automate the compensation process
>» Minimise the time depositors are without access to their funds
| >» Handle failures of all sizes
» Minimise manual errors
> Pay compensation by a variety of methods
» In order to achieve this, Schemes set out specific guidelines that deposit takers must follow to achieve
| a fast and accurate payout
| SCS
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