APIR Participant Codes, and APIR Product Codes are used widely by financial services industry stakeholders to improve the efficiency of information flows and transaction processing.
Use cases include -
- Inclusion in fund offer documents (e.g. Product Disclosure Statements & Information Memorandums) and other fund marketing documents, including TMDs
- Distribution of pricing and fee information
- Automation of transaction processing
- Order aggregation
- APIR Product Codes nominated as a SPIN Code can be used as the USI in SuperStream
- Unitholder and member correspondence including application/redemption confirmations, account statements, distribution advices, tax statements and performance reports