12.5 Tranche Collateral Account Details Maintenance

You can maintain the tranche account details for collateral in the Tranche Collateral Account Maintenance screen.

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

1. On the homepage, type LBDCOLAC and click next arrow.
   The Collateral Account screen is displayed.

   Note:

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

   Figure 12-5 Collateral Account

   
   

   
   Description of "Figure 12-5 Collateral Account"

   
   
2. You can also book the tranche account details for the collaterals by clicking the Collateral Account in the LB Tranche Contract Online screen.

   Note:

   You can book the tranche details in the LB Tranche Contract Online screen, whereas the sub sequent amendments can be done only in this screen.

   You need to specify the following details in this screen. For information on fields, refer to the field description table.

   Table 12-4 Collateral Account Details

   Fields	Description
   Tranche Ref No	Specify the tranche reference number. The adjoining option list displays the contract reference numbers maintained in the system. You can choose the appropriate one.
   Effective Date	Specify the date on when the tranche collateral account details are to be effective. Note: Once you specify the date, the opening and available balances are displayed as of the latest effective date for the Collateral Code and Collateral Account combination.
   Product Code	The system displays the product code.
   Customer	The system displays the customer code and name.
   Facility Name	The system displays the facility name.
   User Ref No	The system displays the user reference number.
   Event Seq. No	The system displays the event sequence number.
   Tranche CCY	The system displays the tranche currency based on the reference number selected.
   Collateral Code	Specify the collateral code which is to be associated with tranche. The adjoining option displays the collateral codes maintained in the system. You can choose the appropriate one.
   Collateral Account	Specify the collateral account fro which the tranche collateral is to be booked.
   Investment Type	Specify the investment type for the collateral account. You can modify this during the life of the tranche.
   Balance Display deadline	Specify the balance display deadline. You can modify this during the life of the tranche.
   Opening Balance	Specify the opening balance for the collateral account.
   Available Balance	Specify the available balance for the collateral account.
   Pending Transfers	Specify the pending transfer amount for the collateral account.
   Difference	The system displays the difference amount for a collateral account by taking sum of available balance of all the collaterals linked to the tranche for the latest effective date. Difference amount for a collateral account is computed by the system based on the following formula: Difference = Available Balance - Pending Transfers

   On saving the account details, an override message is displayed which requires dual authorization. An e-mail is sent to the participants of the tranche whenever the override message is displayed. The message is as follows:

   • If the opening balance or difference amount is negative, the following message is displayed.

     Account is in Overdraft

   • If the opening balance or difference amount is positive, the following message is displayed.

     Verify if Investment is required