1.2.7 Liquidity Management

Aspart of this release, Liquidity Management module has been enhanced to include the following features:

  1. CIF Selection

    Large corporates usually have multiple subsidiaries each of which can be a customer of the bank with its own CIF. Such corporates also tend to have common treasury/finance team users who access online. For such users switching between different subsidies is a much-needed feature.

    Hence, in order to help Corporate users to create and manage Overview and other internal screens, new API support has been provided that allows corporate users to select a party from a list of all accessible parties for which user want to carry out the transaction.

  2. Edit Structure Simulation

    Inaddition to the existing Structure Simulation functionality, Edit structure simulation API has been added that enables a corporate user to modify account structures simulation details using the digital banking platform.

    While editing a structure Simulation of Sweep, Pool or Hybrid type, a corporate can perform the following tasks:

    • ChooseAccounts to participate in Structure Simulation
    • DefineStructure Simulation Details Sweep, Pool – with interest methods – Interest, Advantage & Ratio and Hybrid with interest method as “Interest” only.
    • DefineAccount Mapping and specify the hierarchies.
    • Setup instructions between each account pair.
    • Reviewand Confirm simulation structure modification.
  3. UX changes as per Redwood Theme

    In order to adhere to Oracle's guideline, APIs of (internal screens and the overview) have beenreskinned to include Redwood theme.

    1. Copy/Reinitiate Create Structure

      Withthis API, user can create a new structure (Sweep, Pool and Hybrid) by copying and using the contents from a structure for which creation has been already initiated without having to enter the entire information again.

    2. Rearrange Columns in List Structure

      ThisAPI allows a corporate user to personalize the columns i.e., rearrange/remove columns in the search result grid on Inquiry screens. These columns preferences are saved for future reference and when the user return to the screen, just the desired columns are shown in the table.

    3. Intercompany Loans

      New API has been developed that enables a corporate user to define an Intercompany lend limit within the group companies. Using this feature, a corporate user can -

      • CreateLend Limit - An ability to the corporates to define Intercompany lending limits between lending party and borrower party.
      • ViewLend Limits - Allows Corporates to view Lend limits and track the utilization of limits against the loans.
      • EditLend Limits – Through this option, user can modify the Lend limits.
      • CloseLend Limits – Allows corporates to close lend limits.
      • LoanSummary - Displays the summary of the loans initiated between the Lender and Borrower
      • LoansInquiry – Allows user to enquire on the loan details/transactions based on search parameters.
      • LoanSettlement - Ability to settle outstanding loans from channel.
    4. Structure Account Access Revamp

      As part of this release, APIs support have been enabled to revamp existing structure and include following:

      • AccountAccess related changes
        • Account Access check has been removed from List Structure screen enabling users to view all the available structures.
        • View structure details screen now includes an access check. Accounts/nodes for such accounts are greyed out and their balances are hidden.
        • Accessing "Account Details" for inaccessible accounts in More Actions when viewing a Structure will not be possible.
        • MoreActions for inaccessible accounts will not be permitted during Structure modification, and when any accessible account is de-linked, all of its child accounts even if some of them are inaccessible are also de-linked.

        A structure will not be available for modification if any one of the structure's accounts (including the charge or central account) is inaccessible.

    5. Ratio Method in Pool Structure:

      Existing API has been enhanced to introduce new interest method in Pool structure which allows theuser to select Interest Method as “Ratio”. This enables corporates to distribute interest between parent and child account in the ratio between the negative and positive balances. This functionality is enabled for “Create and manage Pool Structures and Pool Structure simulation”.

    6. Investment Sweep:

      Existing API has been enhanced to enable a corporate user to select Investment Sweep options like Money Market, Term Deposit during Sweep structure creation helping the corporates utilize funds in an optimum way and earn higher interestreturns. This feature has been added in Create and manage Sweep structures.

    7. Account Structures - Revamp and Staggered Opening:

      APIsupport/enhancement has been done for the following changes -

      • AccountStructures API’s has been enhanced that allows structure opening in a staggered way with one level opening at a time. On accessing a parent node, all the child accounts of only that parent node are opened to improve the performance.
      • Paginationis included at every level of structure layer and displayed if the number of nodes exceeds the allowed limit as per the configuration.
      • Inaddition to the development done in last release - Copy/Reinitiate structures will also be available for (Pool structure with Ratio Method and investment Sweep Structure) allowing the users to create a new structure by copying and using the contents from a structure for which creation has been already initiated without having to fill the entire information again.

        “Show All Pairs” is incorporated in Sweep and pool structures for the users to review the existing instructions and change the priority/reallocation percentage accordingly.

    8. UI Download:

      Using this API, users will be able to personalize the information to be displayed/downloaded from search grid displayed.

      Followingfeatures are supported:

      1. Manage Columns:

        Thesecolumn preferences/rearrangement setup by the user will be saved for future reference i.e., in case the user revisits, the preferred columns will only be displayed in the table. Following transactions have been enhanced for this change –

        • ListSimulation Structures
        • LogMonitor
        • ChargesInquiry
      2. Download Columns:

        New API is available to download the search result in CSV & PDF format. These changes have been done for the following transactions -

        • LogMonitor
        • ChargesInquiry
    9. Host Alerts:

      With this API enhancement, corporate users will be able to subscribe to Liquidity Management related alerts for one or more parties for the mapped events. This feature is available under party module and can be created at both GCIF and user level.

      List of events that are available for mapping:

      • Liquidity Management Structure creation approval.
    10. Reallocation Monitor:

      A new API has been developed that allows search and view of the Reallocation details of a Pool structure. Additionally, API support has been provided for manage columns and download monitor details.

    11. Removal of Core DDA dependencies:

      Existing API has been enhanced to capture whether integration with bank’s DDA is available or not for Oracle Banking Digital Experience. With this, the Liquidity Management module will work seamlessly even when integration to the bank’s DDA is not available. In such a scenario, the parameter "DDA availability for Liquidity Management (Y/N)" will be set to N, the real account balances displayed will be from Oracle Banking Liquidity Management instead of the DDA.

    12. Ad hoc account pair execution in Sweep Structure:

      In addition to the existing API of ad hoc executing the entire structure, a new API has been incorporated that allows the corporate users to ad hoc execute account pair in a sweep structure. This feature has been incorporated in View Sweep structure API where the users can select one or more account pairs and execute instructions at pair level.

      Note:

      This feature is available only for sweep structures and not available in sweep part of hybrid structures.
    13. Role Transaction Mapping Clean-up:

      Existing API has been enhanced to simplify the categorization of role transaction mapping for all the transactions related to Liquidity Management, effectively grouping them under the relevant transaction menu categories. Following changes have been done:

      • Grouping of transactions from individual transactions (Create, Edit, View, Download, etc.) into broader categories (Maintain, Inquire, Delete, etc.)

      Additionally, the dependencies between cross transactions have been updated to ensure that all functional transactions in the Hamburger Menu works in line with the corresponding line items listed under RTM transactions.

    14. Drain Pool:

      New API has been introduced that enables corporations to sweep out funds from notional pools.

      Introduction - Pools are typically created to notionally combine balances across accounts and earn higher interest rates. With drain pool functionality, money can be swept out of such notional pools to accounts where money is needed and achieve better liquidity management.

      Drain pool will be available in the application as a variant of Hybrid structure. During structure creation, user has to opt for Drain Pool flag as Yes in the structure details. Further, during a drain pool structure creation user is given the option to start the structure either with a pool or sweep structure. Apart from adding regular sweep or pool accounts, at appropriate places in the structure an entire pool structure can be added which will be represented by the notional header node.

      To achieve sweeps from this pool, which is part of a drain pool structure, user can select one of the accounts as “Nominated Account” in which sweep will happen. Rest of the hybrid structure behaviour during view, edit etc. remains unchanged for a drain pool structure.

    15. Credit First Sweeps:

      Credit First sweep API is an enhancement done to the existing sweep structure functionality. Currently when a sweep structure is executed (during EOD/Intraday/Ad hoc), when the parent account has multiple children, the sweeps happen in based on sweep priority. With credit first sweep API enhancement,

      • System will first perform the upward/one-way sweeps before performing the downward/two-way sweeps at each parent level.
      • The priority maintained for sweeps will only be considered during the downward/ two-way sweeps- when child account is being funded.

      The priority should be ignored during the upward/one-way sweeps being performed from child to parent.

Parent topic: Corporate