11.3.2 Processing during End of Day

When the function is executed during end of day activities, the processing is for:

• The accrual of ICCF components scheduled for the day.
• Any Value Dated change (additional disbursements, change in interest rates, etc.) that was done during the day with a Value Date as the current system date.
• Activities scheduled for holidays (if the current system date is preceded by holiday(s) and you have specified that activities falling on holidays should be processed on the last working day preceding a holiday).

If an event, scheduled to be automatically carried out, is not executed for some reason, it is reported in the Exception Report generated by the function. Examples of such events could be the non-availability of funds in a payment account, the non-availability of funds in a commitment or a deposit to which a loan is linked, and so on. The details of an event that could not be initiated, along with the reason, are reported in the Exception Report.