Specifications include, but are not limited to: The firm selected through this process will enter into a written contact with the Haverhill Retirement Board for the purpose of providing custodial/master trust services for all managed assets of the System. 1. Provide custody, accounting, and reporting capabilities. 2. Provide sub-accounting for investment funds and separately managed funds as well as a consolidation of all funds. 3. Provide on-line reporting services for the System and our investment manager(s). 4. Provide monthly accounting of all account activities and holdings. 5. Provide daily cash sweep to a short-term investment fund approved by the System. 6. File claims for class actions. 7. Follow directions from investment managers regarding corporate actions and proxy voting. 8. Provide annual PERAC reporting schedules.
