4.9.25.1 Authorizing the overrides for tranche
You need to perform dual authorization, if you have selected the Overwrite SI option for
any of the following events:
- AMENDING TRANCHE/DRAWDOWN CONTRACT
- VALUE DATED AMENDMENTS
- FEE LIQUIDATION
- LIQUIDATION OF PRINCIPAL/INTEREST
All Overrides requiring confirmation have not been CONFIRMED – Confirm them.
You need to authorize the overrides manually in the Credit Authorizations
Outstanding screen.
- Specify the User ID and Password, and login to Homepage.
- On the homepage, type LBDOVDET and click next arrow.
This screen displays the following details related to the LB module.
- Number of contracts related to the LB module.
- Number of overrides related to the contracts.
You can view the following details in this screen.
- Contract reference number
- Module
- Error code
- Override details
- Override status
- Remarks
After authorizing all the related overrides, you can proceed with the authorization of the event.