Settlements Enhancements System Live

The WEM Prudential and Settlement Service 1.7 (WEMS PaSS), WEMS 3.41 and RCM 1.21 was successfully deployed to the WEMS production environment on 29 July 2021.   The new system replaces legacy settlement systems and will support future changes to settlement processes to be carried out as part of the WEM Reform Program.  The System changed included in this release will be effective for all NSTEM and STEM Settlement Statements and Invoices issued on or after 1 August 2021.  See specific dates in the below table.   Please refer to the WEM PaSS 1.7, WEMS 3.41 and RCM 1.21 Release Notes for details of the new functionality.

Market

Type

Period

Statement Date

Invoice Date

STEM

 

TW 30/21

 Friday 6 August

NSTEM

Initial

Jun 2021

 Monday 9 August

NSTEM

Adjustments

August 2020

November 2020

February 2021

Monday 16 August

Wednesday 18 August


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