User Requirements Specification: Funds Administration Agent

The Funds Administration Agent is responsible for effecting the transfer of funds between Payment Parties for trades made in the Balancing Mechanism and for imbalance settlement. This document describes the detailed requirements of this service.

This document is produced in conjunction with the FAA Interface Definition and Design document. All requirements within the requirements catalogue have been referenced identifying both the source of the requirements within the FAA Service Description and the interface identification numbers stated within the FAA Interface Definition and Design document.