Confirming Deals

This chapter provides overviews of the deal confirmation process and deal review workflows, lists prerequisites, and discusses how to:

• Preview and approve deals.

• Confirm deals manually.

• Assign unconfirmed worklist operators.

• Set up inbound confirmation validation.

• Confirm inbound deals automatically.

• Process automatic outbound confirmations.

Understanding the Deal Confirmation Process

Deal Management enables you to administer the entire deals confirmation process.

Here's an overview of the deal confirmation process:

1. Preview or preapprove provisional deal terms and conditions before agreeing to the deal with counterparties.

2. Initiate the deal confirmation process using one of three methods:

   • Manually.

   • Automatically using Application Messaging.

   • Automatically using File Layout and the Inbound Confirmation Import Application Engine process (TR_INCNF_IMP).

3. Automatically match inbound deal data with your system deal data by running the Inbound Confirmations Application Engine process (TR_CNF_MATCH).

   If you selected the Enable WF Auto Confo Worklist option on the Treasury Options page, the system copies unmatched deals to a worklist table. If any data are in this table, the system generates worklist entries and sends a workflow worklist to the operator who is specified on the TR_ADMINISTER_DEALS business process.

4. You can transfer unconfirmed deal information as a flat file in CSV (comma separated value) format to a counterparty using the Outbound Confirmations Application Engine process (TR_OTCNF_EXP).

5. (Optional) Run the following reports:

• Confirmation Document.

• Confirmation Register.

• Unrecognized Confirmations.

Note. Links displayed at the bottom of the Deal Preview/Approval and the Deal Confirmation pages are documented in the Capturing Deals chapter.

See Also

Capturing Deals and Trade Tickets

Deal Review Workflows

You facilitate Deal Preapproval, Review Deal Terms, and Review at Confirmation workflows by selecting appropriate check boxes on the Treasury Options page. At deal capture and deal confirmation, if the deal meets certain criteria, the system automatically sends workflow notifications to defined users.

See Also

Delivered Workflows for Deal Management

Prerequisites

You need to complete these steps to set up deal preapproval, approval, and confirmation settings:

1. Specify deal administration Workflow options for a business unit.

2. Establish deal review options on the Instrument Detail page.

3. Specify deal preview options on the Deal Detail page.

See Also

Setting Up Treasury Business Unit Options

PeopleTools PeopleBook: Workflow Technology

Previewing and Approving Deals

You must select an approval status for all deals prior to using manual or automatic deal confirmation methods.

Pages Used to Preview and Approve Deals

Previewing and Approving Deals

Access the Deal Preview/Approval page (Deal Management, Capture Deals, Preview/Approve Deals, Deal Approval Register).

The page display varies depending on the instrument type that is selected. Select the appropriate Approval Status:

Confirming Deals Manually

You have the prerogative to manually confirm deals that have been previously approved.

Page Used to Confirm Deals Manually

Confirming Deals Manually

Access the Confirm Deals Manually - Deal Confirmation page (Deal Management, Confirm Deals, Confirm Deals Manually, Deal Confirmation).

The page display varies depending on the instrument type that is selected. For deals with an approval status of Authorized, select a confirmation status from the drop-down list box.

Assigning Unconfirmed Worklist Operators

Use PeopleSoft Application Designer to create workflow for automated inbound confirmations by assigning a worklist definition and an operator to the Confirm Deals business activity. This enables users to review workflow items in their worklists.

To set up an inbound confirmation workflow:

1. In PeopleSoft Application Designer, open the TR_ADMINISTER_DEALS business process.

2. Click the Auto Inbound Deals Confos button on the Application Designer - Auto Inbound Deal Confos page.

3. Double-click the Unconfirmed Worklist button on the Application Designer - Unconfirmed Worklist page.

4. Click Field Mapping on the Worklist Definition dialog box.

5. Double-click OPRID in the list of message maps to edit an existing role name on the Field Map dialog box, or click Add to add a new role name.

6. Select the appropriate operator role name to route workflow on the Map Field dialog box. If adding a new role name, you must also select OPRID in the Field Name field. Your selection dictates that this operator receives notification for deal transactions that do not pass automatic inbound confirmation.

Setting Up Inbound Confirmation Validation

To define inbound confirmation validation, use the Inbound Confo Validation component (CONFO_VALIDATION).

This section lists prerequisites and discusses how to:

• Define the confirmation.

• Assign automatic inbound confirmation instruments.

Prerequisites

Set up Workflow for inbound confirmations in Application Designer.

See Also

PeopleTools PeopleBook: Workflow Technology

Pages Used to Set Up Inbound Confirmation Validation

Defining the Confirmation Data

Access the Inbound Confirmation Validation page (Set Up Financials/Supply Chain, Product Related, Treasury, Inbound Confo Validation, Inbound Confirmation Validation).

Sequence	Change the sequence number if it differs from the default.
Validation Column	Indicates the field to be validated.

Assigning Automatic Inbound Confirmation Instruments

Access the Instrument Detail page (Deal Management, Administer Deals, Define Instruments, Instrument Detail).

See Also

Defining Instrument Details

Confirming Inbound Deals Automatically

To confirm inbound deals:

1. Use one of two methods to import inbound confirmation data in CSV (comma-separated value) format:

   • Application Messaging.

   • Inbound Confirmation Import process.

2. Run the Inbound Confirmations Application Engine process (TR_CNF_MATCH) to match confirmed deals and create a worklist of unconfirmed deals.

This section discusses how to use application messaging import.

Pages Used to Automatically Confirm Inbound Deals

Using Application Messaging Import

Access the Message Monitor component (PeopleTools, Integration Broker, Monitor, Monitor Message).

Review any inbound messages for inbound confirmations.

Processing inbound confirmations using Application Messaging is set up at implementation. Inbound confirmations are automatically received and stored on the Treasury Inbound Confirmation table (TR_INBND_CONFO).

See Also

PeopleTools PeopleBook: Integration Broker

Processing Automatic Outbound Confirmations

You run the Outbound Confirmation Application Engine process (TR_OTCNF_EXP) to write data to the Outbound Confirmations table and transfer it to an independent counterparty using file layout. The process selects only open deals (those deals not previously confirmed and enabled) for automated confirmation processing at the instrument level.

Page Used to Automatically Process Outbound Confirmations