12 Security Restriction Classes

From the head office of your bank, you can establish certain controls over the securities that your branches trade-in. These controls can be achieved by specifying restrictions. In Oracle Banking Treasury Management, you can define security restrictions of the following types:

• Securities restrictions specific to the portfolios that you maintain
• Security restrictions specific to the deals that you enter into

Maintain several sets or classes of each type of security restriction. Thus, you can maintain several classes of security restrictions for portfolios, and several classes for deals.

You can associate these classes of security restrictions, to the respective portfolio products and the deal products that you maintain. In other words, you indicate that:

• A portfolio product cannot be used to trade in specific securities
• A deal product cannot be used to trade in specific securities

The Advantage of Defining Security Restrictions as Classes

The advantage of defining restriction classes is that at the time of creating portfolio and deal products, you do not have to repeatedly define security restrictions for each product. You only need to associate a product with a restrictions class that you have maintained. The product acquires all the attributes, defined for the Security Restrictions Class, that you associate it with.

By maintaining classes, you also give yourself the flexibility of applying the same restrictions class to several products.

This topic has the following sub-topics:

• Advantage of Defining Restrictions as Classes
  This topic describes the advantages if defining restriction as classes.
• Process the Security Restrictions
  This topic describes the systematic instructions to process the security restrictions.