1. Securities User Guide
  2. Process Security Deal

21 Process Security Deal

Using the securities module of Oracle Banking Treasury Management, process the following deal types:

  • Bank portfolio buys and sells
  • Customer buys and sells
  • Standalone lodge and withdraw
  • Accompany lodge and withdraw
  • Safe keeping location (SKL) to SKL transfer
  • Block securities

These could be spot, forward or back value dated deals. Moreover, these deals could be directly captured in Oracle Banking Treasury Management or uploaded from an external system. You can nevertheless amend an uploaded deal in Oracle Banking Treasury Management. Each deal that you enter in Oracle Banking Treasury Management should necessarily be associated with a deal product or combination product. To recall, you have already defined deal products to group together or categorize deals that share broad similarities. Deal products provide a general framework and services to classify or categorize deals. Under each Product that you have defined, you can enter specific deals based on your requirements. By default, a deal inherits all the attributes of the product or combination product, which is associated with it. This means that you will not have to define these general attributes each time you enter a deal, rendering the entry of a deal in Oracle Banking Treasury Management quick and simple.

Note:

While defining a combination product you have indicated the 'preferred leg' of the combination. The preferences specified for the preferred leg will default to a deal involving a product combination.

The sequence of events involved in processing a securities deal, right from the trade date to the settlement date can be entered in Oracle Banking Treasury Management. A deal would, therefore, require information on:

  • The securities that are traded
  • The number of securities that are traded
  • The counter-parties involved in the deal
  • The price at which the securities are traded
  • The portfolio to which the securities belong
  • The dealer involved in the deal
  • Details of the broker involved in the deal (if applicable)

These details, and several others, required to process a deal in Oracle Banking Treasury Management have been discussed in the course of this chapter.

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