8.3.8.1 Selecting parameters for consolidation
You can select the child drawdowns for consolidation rollover only if the child
drawdowns:
- Fall under the same tranche contract
- Use the same drawdown product
- Of the same counterparty
- Are in the same currency
- Mature on the same date
Table 8-7 Consolidation Parameters
Fields | Description |
---|---|
Tranche Ref No | You have to select the reference number of the tranche under which you wish to consolidate drawdowns, as part of the rollover operation. The option list displays all active and authorized tranches maintained in Oracle Banking Corporate Lending Select the tranche of your choice from this list. |
Product Code | You have to select the drawdown product based on which the system
selects the drawdowns for consolidation. The option list displays the
drawdown products associated with the tranche product under which the
selected tranche is processed.
Note: Upon selection of the product, the system generates a Contract Reference No which may be used as a reference to view the consolidation instructions captured in the screen. |
Counterparty | You have to select the counterparty of the drawdowns that have to be consolidated as part of rollover. The option list displays the list of all active customers of the branch. |
Contract Ccy | You have to select the currency of the drawdowns that have to be consolidated as part of rollover. The option list displays the allowable currencies for the tranche. Select a currency from this list. |
Value Date | Another parameter for selecting the drawdowns for consolidation is the value date. In effect, this date refers to the maturity date of the child drawdowns that have to be consolidated as part of rollover. In addition to the same combination of counterparty, product, and currency, the child drawdowns should also have the same maturity date for consolidation to occur. |
Rollover Type | You have to indicate the type of rollover you wish to perform. The
available options are:
|
Default Fronting | Indicate if the fronting detail has to be defaulted for the increase
in amount during rollover / reprice. You can select one of the following
options:
|
Parent topic: Specifying Details for Consolidation Rollover