1. Preface

1.1 Introduction

This manual is designed to help you maintain and process Islamic Derivative instruments in Oracle FLEXCUBE. It also assists you in handling all the necessary activities in the life-cycle of a derivative once it is booked. This includes the generation of messages and reports, the accrual and liquidation of profit components, the application of charges and taxes and so on.

1.2 Audience

This manual is intended for the Customer Service Representatives (CSRs) and staff in charge of setting up new products in your bank.

1.3 Documentation Accessibility

For information about Oracle's commitment to accessibility, visit the Oracle Accessibility Program website at http://www.oracle.com/pls/topic/lookup?ctx=acc&id=docacc.

1.4 Acronyms and Abbreviations

The following are some of the acronyms and abbreviations you are likely to find in the manual:

	Acronym		Description
	IDV		Islamic Derivatives
	FRA		Forward Rate Agreements
	CCS		Cross Currency Swaps
	IRS		Interest Rate Swaps
	MA		Master Agreement
	SWIFT		Society for Worldwide Inter-bank Financial Telecommunication
	ISDA		International Swaps and Derivatives Association
	EOD		End of Day
	BOD		Beginning of Day

1.5 Organization

This manual is organized as follows:

	Chapter		Description
	Chapter 1		About this Manual gives information on the intended audience. It also lists the various chapters covered in this User Manual.
	Chapter 2		General Maintenance for the Islamic Derivatives Module deals with the maintenance of basic information that needs to be set up before the Islamic Derivatives module becomes operational
	Chapter 3		Defining Attributes Specific to a Islamic Derivative Products describes the procedure to define attributes specific to Islamic derivative products
	Chapter 4		Defining the Fair Price Revaluation Methods is used to revalue all active trade deals based on the revaluation frequency parameters that you specify while defining products
	Chapter 5		Processing an Islamic Derivative Contract lists and explains the details of a Islamic derivative that should be captured. It also explains how to associate an IDV product with an IDV contract
	Chapter 6		Confirmation of Profit and Principle Schedules details the confir­mation by the counter party involved in the Contract. It also cap­tures the details of each such confirmation received
	Chapter 7		Batch Processing documents the Beginning and End of Day func­tions that are processed by the system
	Chapter 8		Reports lists the possible reports that can be generated for the Module.
	Chapter 9		Annexure A - Accounting Entries and Advices contains an event-wise list of suggested accounting entries and advices for the Islamic Derivatives module .
	Chapter 10		Annexure B - Error Codes and Messages for Islamic Derivatives lists the error messages that you encounter while working with Oracle FLEXCUBE
	Chapter 11		Function ID Glossary has alphabetical listing of Function/Screen ID's used in the module with page references for quick navigation.

1.6 Related Documents

• The Procedures User Manual
• The Messaging System User Manual
• The Central Liability User Manual

1.7 Glossary of Icons

This User Manual may refer to all or some of the following icons:

	Icons		Function
			Exit
			Add row
			Delete row
			Option List