8.3.8 Specifying Details for Consolidation Rollover

You can capture instructions for a consolidation rollover in the Consolidation Rollover screen. You can also define split instructions as part of capturing normal consolidation instructions.

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

1. On the Homepage, type LBDCOROL and click next arrow.
   The Consol Rollover Input screen is displayed.

   Note:

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

   Figure 8-3 Consol Rollover Input

   
   

   

   
   
2. This section explains only those features that are specific to consolidation rollover.
   To specify consolidation details for a new drawdown, select New from the menu.

   Rollover Netting allows you to capture the netting option for Consol Rollover. The available options are:

   • Net Principal Decrease + Interest (Net the Principal decrease and Interest for rollover )
   • Net Principal Increase + Interest(Net the Principal increase and interest for rollover )
   • Net Interest for Rollover
   • No Netting

   Note:

   • The default value is No Netting.
   • Netting is not applicable for the Principal Increase or Principal decrease
   • If any of the netting option other than No Netting is selected then the Liqd Principal and Liqd Interest are selected and disabled.
   • In case of Consol Rollover the netting happens only for the driver contract.
   The consolidation details to be captured in this screen are explained below:

• Selecting parameters for consolidation
  
• Specifying Consolidation Preferences
  
• Capturing Split Instructions for a Consolidation Rollover
  
• Identifying the Consolidated Drawdown
  
• Authorizing Override for Consolidated Drawdowns
  
• Viewing Participant Summary Details
  
• Viewing Events
  
• Rate Setting
  
• Viewing Advices
  
• Specifying Media for Message Generation