ASTRA Technical Presentation David Graham Project Manager Lisa Ledingham-Park TD Team Leader.
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Transcript of ASTRA Technical Presentation David Graham Project Manager Lisa Ledingham-Park TD Team Leader.
ASTRA Technical Presentation
The ASTRA Evolution
• Public consultation Oct 2011-Jan 2012
• Bankruptcy Vision Project reviewed the PTD process Nov 2011 – May 2012
• Protected Trust Deed Regulations reviewed and implemented by 28 Nov 2013
ASTRA Technical Presentation
The ASTRA Evolution
ASTRA Project
• Provide a service equal to or greater than that of the Edinburgh Gazette
• Provide a new system to accommodate the changes to the Trust Deed legislation
ASTRA Technical Presentation
The ASTRA Evolution
Phased Delivery
Phase 1• Advertise new trust deeds on RoI (Form 1)
• Record the Protection (Form 3)
ASTRA Technical Presentation
The ASTRA Evolution
Phased Delivery
Phase 2• Improvements to user experience
• Dashboard improvements, documents store, ASTRA messaging system
ASTRA Technical Presentation
The ASTRA Evolution
Phased Delivery
Phase 3• Remaining PTD forms on ASTRA (Form 4-7)• Fee change requests via ASTRA• Supervision managed on ASTRA• Deed of assumption process (for AiB only)• Major refactoring of ASTRA system to deliver
further network performance improvements
ASTRA Technical Presentation
The ASTRA Evolution
Phased Delivery
Phase 4• Migration of cases registered with AiB under
2008 Regulations from MIDAS system to ASTRA (due to be completed by November 2014)
ASTRA Technical Presentation
The ASTRA Evolution
Phased Delivery
Future Plans• Data interface for trustee users’ systems
• Creditor process and interface
ASTRA Technical Presentation
ASTRA Process Changes
ASTRA should be used for all trust deed cases registered under 2008 Regulations.
All trust deeds registered before 01 April 2008 that are still outstanding will continue to be processed clerically by AiB
ASTRA Technical Presentation
ASTRA Process Changes
Form 4
1. Realisation of Assets:– Splits into Moveable Assets and Heritable Assets
2. Total Cost of Administration:– Splits into Trustee’s Remuneration and Outlays
3. Debt Due to Creditors:– Splits into preferred, ordinary and postponed
creditors
4. Dividend Paid to Creditors:– Splits into preferred and ordinary creditors
ASTRA Technical Presentation
ASTRA Process Changes
Form 5
1. Realisation of Assets:– Splits into Moveable Assets and Heritable Assets
2. Before migration, AiB dictated the date of the registration of the debtor’s discharge (via MIDAS). In ASTRA, the date is automatically applied on acceptance.
ASTRA Technical Presentation
ASTRA Process Changes
Form 6
1. Now needs to be completed on ASTRA in all cases
2. Changes to the process similar to that of Form 4– Splits Realisation of Assets– Splits Fees and Outlays– Splits Creditors debt due and dividend paid
ASTRA Technical Presentation
ASTRA Process Changes
Form 7
1. Changes to the process similar to that of Form 4– Splits Realisation of Assets– Splits Fees and Outlays– Splits Creditors debt due and dividend paid
ASTRA Technical Presentation
ASTRA
Post-Presentation Support Available via:
• PTD Team telephone/visits to AiB/direct support at your office
• Presentation uploaded to AiB website• Video presentation of ASTRA cases/screens
David Graham, ASTRA Project Manager0300 200 2666, [email protected] Ledingham-Park, TD Team Leader0300 200 2794, [email protected]
1 Pennyburn Road, Kilwinning, Ayrshire, KA13 6SAT 0300 200 2600 F 0300 200 2601 W www.aib.gov.uk
THANK YOU