2.8 Investment Sweeps

This topic provides the information about the Investment Sweeps method.

The system supports the investment sweeps wherein funds are invested either in Money Market instruments or term deposits.

Steps to achieve investment sweeps are as follows:

• Create an account in Oracle Banking Liquidity Management which is a Notional account with no balances (this account is created only in Oracle Banking Liquidity Management and is not present in core banking).
• Create a structure with the notional account as the header.
• Pair wise concentration methods to be defined for the structure including for the notional pair (ZBA, Percentage, etc.).
• Pair wise sweep frequencies to be defined including the notional pair.
• Payment instructions to be defined for all the pairs including the notional pair.
• While defining payment instructions for the Notional pair either Money market placement or Term deposit creation parameters needs to be captured.
• Oracle Banking Liquidity Management generates handoff message for the investment sweeps at the defined frequencies to the core banking system\external system.