Release Enhancements

Derivative contracts enhancements

System is enhanced to support Compounding frequency for the fixed rate for different frequencies.

Multiple Holiday preferences are enabled for principal cash-flow in derivative contracts

Rate fixing enhancements

System enhanced to allow rate reset before the value date till trade date for MM, SR, DV, OT and SE modules

System is enhanced to support the amendment of rate fixing before Rate Revision for MM, SR and DV modules.

RFR enhancements

Support for RFR rate compounding method is extended to OTC Options.

System to support Weighted average calculation method for RFR contracts for MM, SR , DV, OT and SE modules

System to support interest recalculation using the latest rate during prepayment in case of RFR contracts for SR and DV modules

Securities contracts enhancements

System is enhanced to default settlement party details configured for the market of issue of the securities transferred as collateral for the security deals automatically created during repo deal booking.

Extended the Weighted moving average method of amortization to Zero Coupon bonds

Settlement Instructions enhancements

System is enhanced to include Ultimate Beneficiary fields in Treasury Settlement Instructions Maintenance screen and same will be populated to OBTR deal level on Settlement default. This is applicable for all modules where payment message generation is applicable.

Accounting enhancements

System is enhanced to support synchronous ECA check during EOD for MM, SR,FX, DV,OT and SE contracts, ECA creates block on the customer account for debit amount of the transaction and the block is released on successful accounting entry posting

ELCM Integration enhancements

System is enhanced to support linkage of Line code (facility) belonging to any of the liabilities of the customer at deal level for FX, MM, SR, DV, OT and SE modules. Liability number will be passed along with line code to ELCM during utilization request

During EOD batch processing, call to ELCM is made synchronous for Derivative, Options and Foreign Exchange modules.