5.4 Processing Amendment on Derivatives Contract Details Screen

This topic describes the amendment processing using the Derivatives Contract Details screen.

You can amend derivative deals from Contract input screen, system allows amendment of In leg and Out Leg Principal amounts upon pressing the unlock button. The Principal amount can be either increased or decreased during the life cycle of the contract even after initiation and authorization.

On such financial amendment operation system accepts it as a plain amendment with version change triggering Derivatives amendment (DAMN) event posting principal increase or decrease entries. An amendment confirmation gets generated on amendment event.