2.8.7.1 Liability Merger Maintenance

The topic describes about the detailed information on liability merger maintenance.

Note:

The fields, which are marked with an asterisk, are mandatory.

1. On the Home screen, specify GEDMERGE in the text box and click the icon.
   The Liability Merger Maintenance screen displays.

   Figure 2-31 Liability Merger Maintenance

   
   

   
   Description of "Figure 2-31 Liability Merger Maintenance"

   
   
2. On Liability Merger Maintenance screen, click New and specify the fields.
   For more information on fields, refer to the field description table.

   Table 2-29 Liability Merger Maintenance - Field Description

   Field	Description
   Branch Code	System defaults the branch code as the branch from which the Liability Merger Maintenance screen is launched and New option is selected.
   From Liability Code	Click the icon and select the code of liability which is to be merged with another liability using the adjoining option list.
   To Liability Code	Click the icon and select the code of liability with which the liability specified under From Liability Code must be merged using the adjoining option list. To Liability Code can be from any different branch as well.
   Effective Date	Specify the date from which the merger of liabilities must take effect.
   Remarks	Specify the remarks about the Liability Merger Maintenance.

   Once user have maintained the above merger details, user must initiate the Merger Batch Process using an Intra Day Process so as to complete the merger. During this batch process all liability IDs for all the related maintenance are modified. These include the following maintenance:

   • Liability Customer
   • Collateral
   • Collateral Pool
   • Facility
   • Netting
   • Facility Transfer
   • Ear Marking

   Upon merger, all the utilizations point at the new liability. The liability utilization is then be moved from the old liability to the new liability and the old liability is closed. User may view the following merger logs:

   • Customer Link Merger Log
   • Collateral Merger Log
   • Collateral Pool Merger Log
   • Netting Merger Log
   • Facility Merger Log
   • Transfer Merger Log
   • Ear Marking Merger Log
   • Utilization Merger Log
3. Click Save to save the record.