10.4 Mapping LB OL Contract Details

You can manually map LB to OL contract details while booking the tranche level contract by clicking the COMM link button at the tranche level. Once tranche contract is authorized, linking commitment contracts to the tranche is done by using the STP - Relink screen.

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

1. On the homepage, type OLDRLINK and click next arrow.
   The STP-Relink screen is displayed.

   Note:

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

   Figure 10-3 STP-Relink

   
   

   
   Description of "Figure 10-3 STP-Relink"

   
   
2. You can specify below details in this screen. For information on fields, refer to the field description table.

   Table 10-3 STP-Relink Details

   Fields	Description
   Borrower Ref No	Specify the borrower reference number. The adjoining option list displays all the borrower reference numbers maintained in the system.
   Participant Ref No	Specify the participant reference number. The adjoining option list displays all the participant reference numbers maintained in the system.
   Existing OL Ref No	Specify the existing OL reference number here.
   New OL Ref No	Specify the new OL reference number here. If RAPID Enabled is Y, then commitment contract is not automatically created. It has to be mapped to OL using the STP Relink screen.
   Validate value date availability	Select this check box to validate the value date availability.

   You are allowed to select or deselect the flag with the following conditions:

   • If the flag Rapid Enabled is selected at the static table.
   • When the selected participant reference number is new participant ref number of the Origination desk that was added to the Tranche through PRAM and also there should not be any OL commitment contract linked to it previously

   When this flag is selected, position validation is performed for the linked commitment contract’s available amount with the latest Transfer AVL balance as of the value date (PRAM value date when the participant is added to the tranche) of the Participant contract.

   After STP is successfully processed for the commitment linkage, for all the underlying drawdown contracts linked with the commitment in STP interface browser, processing status for the failed events are updated as Handoff automatically(after necessary validation and also if the status is failed). Once the status is updated as Handoff, the STP of all events of the underlying Drawdown contracts will be automatically processed by the existing STP job.

   If the status is Enrich for the associated Drawdown events, then the system processes the records once the status is marked as Handoff if the following conditions taken place.

   • If you have manually enriching the fields and save/authorize.
   • If you can Re-Handoff.