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: Consolidated – In this case, all selected drawdowns with the same combination of Tranche + Drawdown Product + Counterparty + Currency + Maturity Date is consolidated into a single contract upon rollover. Consolidated + Split – In this case, the system first consolidates the selected drawdowns as per the consolidation instructions and then splits the net result of consolidation as per the split instructions. You can capture the split instructions in the Split tab of the Consolidation Rollover screen.
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: Default Fronting - select this option to default the front/fund details from the latest disbursement. Create New Contract – select this option to create a new contract for the increase in amount without the default front/fund details In consolidation rollover, if Create New Contract option is selected, then the system will internally treat it as consol + split and do the rollover processing.