2.1.1 Maintain Branch Parameters

This topic describes the systematic instruction to process the Branch Parameters.

This topic describes maintaining branch level parameters that govern the processing of OT Interest Rate/Currency options in a particular branch of your bank through the Options Branch Parameters screen.

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

   The Option Branch Parameter screen is displayed.

   Figure 2-1 Option Branch Parameter

   
   Description of "Figure 2-1 Option Branch Parameter"
2. On the Option Branch Parameter screen, click New.
3. On the Option Branch Parameter screen, specify the fields.

   For more information on the fields, refer to the below Field Description table.

   Table 2-1 Option Branch Parameter - Field Description

   Field	Description
   Option Branch Parameter	Specify the Branch paramter.
   Branch Code	Specify the branch code for the branch parameter.
   Process Till Next Working Data	Indicate the manner in which events (liquidation, charges and so on) falling due on a holiday are to be processed. Indicate whether the batch process need to process automatic events falling due on a holiday either: System Date: as part of the BOD process on the first working date after the holiday Next Working Day – 1: as part of the EOD process on the working day preceding the holiday For example, assume today is 15th November, 16th November, and 17th November are holidays. If you check this field, during the Automatic Batch Update function run, only the events scheduled for 15th November are processed. The events scheduled for the holidays that is 16th November and 17th November is processed during the Automatic Batch Update function run during the beginning of day operations on 18th November.
   Delta Accounting Required	Delta is the change in the option value for every point change in the stock price. In the system, this is applicable for Physically Settled Currency Options only. On maintaining this parameter and giving the delta factor value while maintaining a fair value record (OTDXCNVL), the system triggers Delta accounting events (DLTA) and accounting entries. Indicate whether delta accounting is required for the branch. You are not allowed to modify this parameter if any active physical currency options are being processed for the branch.
   External Revaluation Required	Select the check box next to the External Revaluation Required, for the revaluation to be done externally. If this field is checked, ensure to set the external revaluation level to either branch level or product level in Option Branch Parameter screen.
   External Revaluation Level	Choose the external revaluation level as required. There are two options for external revaluations, one at the branch level and the other product level. Note: If External revaluation is enabled, external revaluation level is mandatory.

4. Click Fields, to open the User Defined Fields screen.
5. In the User Defined Field screen, specify the fields.