3 Process an MM Deal

A product is a specific service that you offer your customers.

For example, amongst other financial services, you may offer an ‘overnight borrowing’ facility to your customers. By defining the overnight borrowing facility as a product - with specific attributes,-you can categorize all overnight borrowings, which share the attributes, defined for the product.

The other advantage of defining a product is that you can define certain general attributes for a product that will default to all contracts (placements or borrowings) involving it.

Note:

When you enter into a deal with a customer, you enter into a ‘contract’. Contracts are customer-specific.

Deals (contracts) inherit the attributes of the product by default. This means you will not have to define these general attributes each time you input a deal involving the product. These general attributes are changed at the time of processing a deal. Besides, these general attributes which a deal inherits from a product - and which is changed for it - there are the specific attributes which you have to define for the deal:

• The Counterparty (customer) details
• The deal amount
• The deal currency
• The repayment account for the deal, and so on

This topic has the following sub-topics:

• Capture Deal Details
  This topic describes the features of the contract details screen, schedules tab, rollover tab, preferences tab, and display the summary of contract details.
• Financial Details available for Change
  This topic describes the financial details available for change based on the requirement through the contract processing function.
• Display the Other Details of a Deal
  This topic describes the other deal details displayed in the contract online screen.
• Advices for Deal Initiation
  This topic describes the systematic instruction to specify the details of the advices for the product.
• View Event Details
  This topic provides the instructions to view the event details.
• View Accounting Entries for Deal Initiation
  This topic provides the instructions to view the accounting entries for deal initiation.
• Split Settlements
  This topic provides the instructions to capture the split settlement details for a deal.
• Interest
  This topic describes the instructions to capture the Interest details for Money Market contract.
• Holiday Preferences
  This topic provides the instructions to capture the holiday preferences details.
• Different Versions of a Deal
  This topic describes the different version of a deal.
• Initiate a Future Value Dated Deal
  This topic describes how to initiate a future value dated deal manually.
• MM Confirmation Rule Maintenance
  This topic describes the MM confirmation rule maintenance, how to view the confirmation rule details, and processing of MM confirmation intraday batch.
• MM Confirmation Message Matching
  This topic describes how to capture the confirmation message matching details and view the summary of confirmation message matching details.
• Process Manual Match of the Messages
  This topic describes the Manual Match of the Messages process.
• Display MM Affirmation Input
  This topic provides the instructions to capture the MM Affirmation Input details.
• Authorize a Contract
  This topic describes the contract authorization.
• Authorize Bulk MM contracts
  This topic describes the instructions to authorize the bulk MM contracts and how to view the errors and settlement details.
• Reassign a Contract to Another User
  This topic provides the instructions to reassign the contract to another user.
• Amend Money Market Transactions
  This topic provides the instructions to amend Money Market Transactions, authorize Money Market contracts and split settlements.
• Process the MM Settlement Exception
  This topic provides the instructions to capture the MM Settlement Exception details.
• Negative Interest Rate
  This topic provides the instructions to define the negative interest rate details.
• SGEN Messages Generation
  This topic describes the SGEN Messages Generation and enabling RFR for SGEN.