Common use of Reporting Packages Clause in Contracts

Reporting Packages. IHS Markit’s risk management reports (“Risk Management Reports”) are reports that are provided weekly, monthly, quarterly or annually as specified in the Booking Form and are available for beneficial owners who lend securities. Risk Management Reports provide text, graphic and numeric detail information in PDF format showing the potential magnitude of any losses and the likelihood of such losses occurring in relation to the recipient’s lending programme. Risk Management Reports also show, where Customer also invests cash collateral, the likely daily variability in mark to market values and how this variability is driven by yield curve movements, credit spreads and currency movements, and includes assessment of likely loss in the event of an issuer of a money market instrument defaulting. IHS ▇▇▇▇▇▇’s performance review reports (“Performance Review Reports”) are reports that are provided weekly, monthly, quarterly or annually as specified in the Booking Form and are available for beneficial owners who lend securities. Performance Review Reports provide text, graphic and numeric detail information in PDF format showing the performance, strengths and weaknesses in Customer’s lending programme, assessed against Customer’s peer group. IHS Markit’s board reports (“Board Reports”) are reports that are provided weekly, monthly, quarterly or annually as specified in the Booking Form and are available for beneficial owners who lend securities. Board Reports provide a high-level oversight snapshot of Customer’s securities lending programme, suitable for updating Trustee Boards or Senior Management. Eligibility to subscribe for Risk Management Reports, Performance Reports or Board Reports is not contingent upon subscription to any other services.

Reporting Packages. IHS Markit13.1 MSFA’s risk management reports (“Risk Management Reports”) are reports that are provided weekly, monthly, quarterly or annually as specified in the Booking Form and are available for beneficial owners who lend securities. Risk Management Reports provide text, graphic and numeric detail information in PDF format showing the potential magnitude of any losses and the likelihood of such losses occurring in relation to the recipient’s lending programme. Risk Management Reports also show, where Customer also invests cash collateral, the likely daily variability in mark ▇▇▇▇ to market values and how this variability is driven by yield curve movements, credit spreads and currency movements, and includes assessment of likely loss in the event of an issuer of a money market instrument defaulting. IHS ▇▇▇▇▇▇. 13.2 MSFA’s performance review reports (“Performance Review Reports”) are reports that are provided weekly, monthly, quarterly or annually as specified in the Booking Form and are available for beneficial owners who lend securities. Performance Review Reports provide text, graphic and numeric detail information in PDF format showing the performance, strengths and weaknesses in Customer’s lending programme, assessed against Customer’s peer group, together with recommendations to Customer. IHS MarkitPerformance Review Reports shall include: (a) Executive summary; (b) Results by asset class (utilisation, fee and returns); (c) Variance to peer group; (d) Loan and collateral balances; (e) Total return to lendable; (f) Fees; (g) Utilisation; (h) Counterpart ranking; (i) Best performing securities; (j) Peer group best performers; (k) Ranking report; (l) Target results; and (m) Filtering used to define peers. 13.3 MSFA’s board reports (“Board Reports”) are reports that are provided weekly, monthly, quarterly or annually as specified in the Booking Form and are available for beneficial owners who lend securities. Board Reports provide a high-level oversight snapshot of Customer’s securities lending programme, suitable for updating Trustee Boards or Senior Management. Board Reports shall include: (a) Average Performance data during the period; (b) Commentary on performance; (c) Summary Risk data; (d) Summary RAR data; (e) Commentary on risk, being an interpretation of the risk and RAR data, providing strengths, weaknesses and action points; (f) A traffic light indication on both performance and risk; (g) Top 10 counterparties; (h) Top 10 earning securities; and (i) Market commentary, updating as to trends and changes MSFA has observed in securities lending. 13.4 Eligibility to subscribe for Risk Management Reports, Performance Reports or Board Reports is not contingent upon subscription to any other services.