Richer Data Services Capabilities - Average Balance Computation

The Average Balance Computation feature helps financial institutions report both average and end-of-day balances with accuracy. It computes the average balance in case it is not readily available in source data.

Key Features:

• Computation of daily and monthly average balances.
• Handling of missing, new, or closed accounts.
• Support for:
  • Period-to-date values (monthly, quarterly, and yearly).
  • Revaluation of instrument-level balances.
  • Currency translation as part of the average balance calculation.

Steps to Enable

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