Conditional Assumption for Prepayment Rule

Embed a condition within a prepayment in rule to alter the prepayment behavior in that particular set of Data

Business Benefits:

  • Allows users to integrate conditional logic (optional) into the setup of prepayment methods. You can define prepayment methodologies using IF-THEN-ELSE logic based on the underlying characteristics of your financial instruments, such as dates, rates, balances, and code values.

  • Give flexibility into the rule definition to further segregate and model prepayment behavior within the data set

Steps to Enable

You don't need to do anything to enable this feature.

Key Resources