10 Customer Correspondence

Transfer of funds between parties is always confirmed and corroborated with the exchange of messages, advices or receipts. The MM module incorporates the generation of various notices to the parties involved in the contract into its deal processing.

This chapter explains the types of messages generated at each stage for each type of contract that the MM module handles. Once the event is authorized, generate various types of advices and notices at any time of the day. Also, specify the media through which these advices are sent. The following samples are for all the advices and notices discussed here.

This topic has the following sub-topics:

• Advices
  This topic describes the Rollover advice for a placement and borrowing, initiate advices for placement and borrowing, and confirm advices.
• Advices Generated during Contract Confirmation
  This topic describes the generated Money Market confirmation advice.
• Advice Generated for the Roll-over of a Placement
  This topic describes the generated rollover advice for a placement.
• Advice Generated for the Roll-over of a Borrowing
  This topic describes the generated rollover advice for a Money Market borrowing.
• Advice Generated for the Initiation of a Borrowing
  This topic describes the generated initiation advice for a Money Market borrowing.
• Advice Generated for the Initiation of a Placement
  This topic describes the generated initiation advice for a placement.
• Payment Messages
  This topic describes the payment messages that are generated at take-down for placements.
• Deal Confirmation Matching
  This topic provide the instructions to capture the deal confirmation match details.