3.17 Authorize Bulk MM contracts

This topic describes the instructions to authorize the bulk MM contracts and how to view the errors and settlement details.

Money market deals must be authorized in the respective Contract Online screens. This method of authorizing the deals are quite cumbersome, especially if the volume of transactions is large. In view of that, Oracle Banking Treasury Management allows bulk authorization of all unauthorized money market deals from the ‘Unauthorized Contracts’ screen.

1. On the Home page, type CSDUAUTH in the text box, and click the next arrow.

   Bulk Authorization Detailed screen is displayed.

   Figure 3-24 Bulk Authorization Detailed

   
   Description of the illustration csduauth__cvs_main.jpg
2. On the Bulk Authorization Detailed screen, specify the parameters as required.

   The parameters are:

   • The module (MM or FX) whose deals or contracts are authorized.
   • On selection of the module, all unauthorized deals or contracts about that module is displayed in the grid.
   • Whether the system should ignore the overrides generated at the time of authorization.
   • If the overrides of the deals are not authorized, the system displays an error message. Check against ‘Ignore Overrides’ to ignore the overrides associated with the contracts.

   For example, if the maturity date of a contract is 30th December 2001 and is a holiday for your bank, system will display an override:

   “30-DEC-2001 is a holiday”.

   However, you can opt to ignore such overrides by checking against ‘Ignore Overrides’.

   • Whether the messages associated with authorization should be generated
   • On authorization of a contract, the messages associated with the deal is generated. To generate the messages, check against ‘Generate Messages’.

   .

• Authorize the Deals
  
• View the Errors
  
• Settlement Details
  
• Details of the Deal