5.12.1 Participant Transfer for Sighting Funds
In the Payment Processing Browser (LBDMTPRC) screen, the following
details are updated for participant transfer with existing participants during
participant transfer authorization based on the latest ratio for future-dated events.
- Pro-rata share amount of participants in Event-wise Fronting Details tab.
- Unfunded amount in Investor-wise Funding Details tab.
For participant transfer with new participants, system adds the new participants to the
existing list of participants in the Payment Processing Browser
screen. The fronting value is defaulted as follows:
- Fronting – If the investor fronting captured in the Borrower Details sub-screen is Fronting All and the funding status is Fronted.
- No Fronting – If the investor fronting captured in the Borrower Details sub-screen is not Fronting All and the funding status is Unfunded.
Parent topic: Processing Sighting Fund Rollover/Reprice