15.13 Handling Status for Processing Markit SLT Trade Settlement

Following are the various statuses handled for processing Markit Trades and SLT Trade Settlement in the system.

• Message Status
• Markit Trade Status
• Oracle Banking Corporate Lending Trade Status
• Match Status
• Oracle Banking Corporate Lending Settlement Status

Message Status

Details on Message Status are given below.

• This status indicates whether or not Oracle Banking Corporate Lending has successfully processed a Markit message.
• This status is updated and tracked for each Markit message and also for the individual Oracle Banking Corporate Lending SLT trades under a Trade Id.

Markit Trade Status

Details on Markit Trade Status are given below.

• This status indicates the Markit trade status in the Markit System.
• This status is updated and tracked for each Markit message and also for the individual Oracle Banking Corporate Lending SLT trades under a Trade Id.

Oracle Banking Corporate Lending Trade Status

Details on Oracle Banking Corporate Lending Trade Status are given below.

• This status indicates the SLT trade status in Oracle Banking Corporate Lending.
• This status is displayed for each SLT Trade.

Match Status

Details on Match Status are given below.

• This status indicates whether or not the trades sent from Markit have matched with the SLT trades in Oracle Banking Corporate Lending.
• This status is updated and tracked for each Oracle Banking Corporate Lending SLT trade.

Oracle Banking Corporate Lending Settlement Status

Details on Oracle Banking Corporate Lending Settlement Status are given below.

• This status indicates whether or not the Markit Trade is settled in Oracle Banking Corporate Lending.
• This status is updated and tracked for each Markit message as well as for individual Oracle Banking Corporate Lending SLT trades under a Trade Id.