2.1 Creating Application

This topic provides systematic instructions about the Creating Application of the Group Concentration Limit Initiation.

In the Initiate Group Concentration Limit window:

1. Select the Application Priority based on the requirement. The options available are Low, Medium and High.
2. Click the search icon in the Application Branch field.
   The Select Branch window is displayed.

   Figure 2-2 Select Branch

   
   Description of "Figure 2-2 Select Branch"
3. Click Fetch. Branch details appear.
4. Click the required Branch Code to add it to the Application Branch field.
5. Specify if the Customer is New or Existing by selecting respective option.
   Upon selecting the Existing option, Select Customer link is displayed.
6. Click the Select Customer link. The Select Customer window is displayed.

   Figure 2-3 Select Customer

   
   

   
   Description of "Figure 2-3 Select Customer"

   
   
7. Specify any or all of the following filter parameters
   • Customer Name
   • Party ID
   • External Customer No
   • Country
8. Click Filter. Customer records matching the filter parameters is displayed.
9. Click on the required customer record. Customer details get defaulted in the Initiate Group Concentration Limit window.
   For information on fields in the Initiate Group Concentration Limit screen, refer the below table.

   Organization details

   If the Customer is selected as New:

   Table 2-1 Organization Details

   Fields	Description
   Organization Name	Type the Organization Name.
   Organization Type	Select the Organization Type from the drop down list. The options available are Single and Conglomerate.
   Entity Type	Select the Entity Type from the drop down list. The options available are Proprietorship, Pvt Ltd, Public Ltd, Govt Owned, Trusts, Clubs, Society, Associations, Limited Liability Partnership, Foreign Bodies, NGO and Others.
   Demography Type	Select the Demography Type from the drop down list. The options available are Domestic and Global.
   Global	Upon selecting Global option, Geographical Spread field appears.
   Geographical Spread	Search and select all the countries in which the group entity is operating as Geographical Spread.
   Country of incorporation	Select the Country of incorporation from the drop down list.
   Incorporation date	Click the calendar icon and select the Incorporation date of group entity.
   Country of risk	Select the party’s Country of risk from the drop down list.

10. Type the following addresses in respective fields:
    • Website Address
    • Facebook Address
    • Twitter Address
11. Click the +Add sector link to capture industry and rating details of the group entity.
    The Add Industry window is displayed.

    Figure 2-4 Add Industry

    
    

    
    Description of "Figure 2-4 Add Industry"

    
    

    For information on fields in the Add Industry screen, refer the below table.

    Table 2-2 Add Industry

    Fields	Description
    Industry Groups	Select a sector of the group entity. Available Industry Groups appear.
    Industries	Select the Industry Group of the group entity. Available Industries appear.
    Sub-Industries	Select the Industry of the group entity. Available Sub-Industries appear.

12. Select the sub-industry of the group entity. Industry details are added and displayed in Industry section as shown below:

    Figure 2-5 Customer Sector

    
    

    
    Description of "Figure 2-5 Customer Sector"

    
    
13. To delete the added industry, click the delete icon.

    Note:

    If the group entity is into different sectors, all the sector details must be captured while initiating Group Concentration Limit Proposal process. To add another sector information, click +Add sector and capture the information again.

    The industry added first will be considered as the default industry.

14. Click the +Add ratings link to add rating information of the group entity. The Add Rating window is displayed.

    Figure 2-6 Add Rating

    
    Description of "Figure 2-6 Add Rating"
15. Select the following details:
    • Rating Date
    • Outlook
    • Risk Ratings
    • Rated By

    The Year Of Rating is automatically populated based on the selected Rating Date.

    Upon selection of the above details, the rating is added and displayed in the ratings section as shown below:

    Figure 2-7 Customer Rating

    
    

    
    Description of "Figure 2-7 Customer Rating"

    
    

    For information on fields in the Add Industry screen, refer the below table.

    Table 2-3 Add Industry

    Fields	Description
    edit	To modify the added rating, click the edit icon.
    delete	To delete the added rating, click the delete icon.

    Note:

    If the group entity is rated by different rating firms, all the rating information must be captured while initiating Group Concentration Limit Proposal process. To add another rating information, click +Add ratings and capture the information again.

Other Details

For information on fields in the Other Details screen, refer the below table.

Table 2-4 Other Details

Fields	Description
Special Customer	Enable the Special Customer flag, if the customer is special to your bank.
Join Customer	Enable the Join Customer flag, if the customer is a joint customer of another party.

RM Details

User Id of the logged in user gets defaulted in this field. You can modify the RM Id, if required.

16. To submit the application for enrichment, click Submit or Submit and Enrich. A unique application number is assigned to the application for easy identification.

    Note:

    During customer (child party) creation, Create button appears instead of Submit, Submit and Enrich, and Cancel buttons. Click Create to add customer for the organization.