Specifications include, but are not limited to: 1. Upon initiation of services the custodian will accept all cash and securities from our current custodians and or the Treasury, including cash and securities deposited to our current custodians after commencement of this agreement. The custodian is expected to waive initial and subsequent transaction costs associated with the transfer of cash and securities with current custodians and or the Treasury due to conversion. 2. Ability to accept calls from Unclaimed Property clients, during normal business hours, regarding the transfer and delivery of securities to owners (avg. is less than five calls a month). 3. Ability to provide daily transaction reports of received securities, cash, and wires 4. Transfer or re-register securities in the owner’s name and make delivery to the owner in 30 days or less upon request. 5. Provide monthly statements detailing transactions and securities held. 6. Ability to research unpublished and unknown items received by the Unclaimed Property Division. 7.Ability to tag/track securities by date of receipt and provide semi-annual reports of securities grouped by date of receipt. 8. Provide a list of securities (semi-annually or when requested), available for sale with cusip #, symbol, current value, value per share according to criteria provided by the Unclaimed Property Division (criteria to be determined). 9.Ability to provide Transition Management Services for liquidating individual securities on demand as well as large, planned liquidations. 10. Ability to execute and settle sales or purchases of securities...
