2.4 Party Types Maintenance

You can identify the different types of entities or parties involved in loan syndication contracts, in the system, in the Party Type Definition screen.

Specify the User ID and Password, and login to Homepage.

1. On the homepage, type OLDPARDF and click next arrow.
   The Party Type Definition screen is displayed.

   Note:

   The fields which are marked in asterisk red are mandatory fields.

   Figure 2-2 Party Type Definition

   
   

   
   Description of "Figure 2-2 Party Type Definition"

   
   
2. The different types of entities that you might want to define could include:
   • Originator
   • Arranger
   • Borrower
   • Participant

   For each entity type, you must specify the following:

   • Party Type - Capture a unique name to identify the entity/party type in the system. The id can consist of a maximum of 10-alphanumeric characters.
   • Party Type Description - Specify an appropriate and typical description of the party type being maintained. The description can comprise a maximum of 30-alphanumeric characters.