4.5.5.2 Maintaining Preferences for the Participant

The following preferences can be defined for a participant:

Table 4-6 Preferences for the Participant

Fields	Description
Self Participant	Select this check box to indicate that the participant is a Self Participant. A self participant is one who is leading the loan contract.
Originator	Select this check box to indicate that the Self Participant is the originator. This is enabled only if the Self Participant check box is selected. You can mark only one self participant as the originator.
SSI Mnemonic	The SSI Mnemonics maintained in the Settlement Instructions screen for the Counterparty, Module, Currency, Product, and Branch combination involved in the contract, is displayed in the option list provided. You can select the required value from this list. The value selected here obtains the settlement details for the participants of the contract. If you do not specify the SSI Mnemonic for all the participants, system displays the following message: SSI mnemonics for some/all participants have not been entered. It will be defaulted. Note: You also have the option to select component wise SSI Mnemonic for each participant of the tranche. For more details on selecting component wise SSIs, refer the heading Changing the SSI for a component in this topic.
Participant Type	Select the type of participant from the drop-down list. Following are the options available in the drop-down list: Lender Affiliate Borrower consent Agent consent Note: The participant type detail should be at the Tranche level.
Entity ID	For each participant, you have to associate an entity(s) to whom copies of the advices related to the contract will be sent. The entities maintained for the participants through the Customer Entity Details screen defaults to the contract. From the list of entities, you can designate one of them as the Primary entity. The primary entity is the recipient of notices and messages for the participant. Note: A primary entity must be designated for every customer who is allowed to be a participant of the facility contract. If not specified, you are not allowed to save the details.
Remarks	You can specify remarks for each entity associated with the participant here. A maximum of 105 characters is allowed. To select the next participant, click Add Row button.