2 Overview of Repo
Introduction
Securities repurchase agreements (referred to as Repos) are entered into to raise money, or meet your Central Bank statutes. The users use reverse Repo transactions to invest short-term surplus funds, at minimal risk. The Securities Repurchase module of Oracle Banking Treasury supports processing of Repo (borrowing) and Reverse Repo (placement) transactions captured by the front office. OBTR supports external margin processing for securities and cash margin call and Repricing of the Nominal amount when the collateral value goes up/down. The buyer calls for variation margin from the seller to re-balance cash and collateral and vice versa based on their agreement.
Automatic Deal Upload
The cornerstone of this module is the Deal Upload facility. With this facility, the user can automatically upload the deals captured in your dealing room system. On upload, the user can enrich the deals with additional information relating to accounting and messaging (such as interest accrual, brokerage, tax, rollover, customer advice generation details, etc.). This information determines how deals are handled by the automatic processes that the user execute. Processing, thus, requires minimal manual intervention and is efficient.
Architectural Advantages
In architecture, Oracle Banking Treasury Management is modular yet integrated. Front-end modules such as Securities Repo function around a Core consisting of the Security Management System, the Limits Service, etc. This architecture eliminates replication of commonly accessed information in every module. Information that is common to several modules is maintained in the systems' Core (for example, currency information). This is accessed by front-end modules such as MM, SR, etc. The architecture, thus, ensures that all front-end modules use reliable and consistent data drawn from the Corer. Oracle Banking Treasury Managements' architecture also ensures that constantly monitor, real-time, your exposure. Crucial services such as Limits reside at the Core of Oracle Banking Treasury Management. This means that your liability towards a customer is tracked real-time across front-end modules.
This topic contains the following sub- topics:
- Product Definition Facility
This topic describes the front-end modules of Oracle Banking Treasury Management for the product definition facility. - Products
This topic describes the Security Repo Product Definition to process a security repo deal. - Features of the Contract Details screen
This topic the features of the contract details screen to configure the general attributes for the product. - Prerequisites for the Application Login
This topic provides the systematic instructions to login to the application to access all of the features. - Define a New Product and Static Data
This topic provides the systematic instructions to define a new product and static data. - Maintain an Existing Product and Static Data
This topic provides the systematic instructions to maintain an existing product and static data, or to revisit the data saved as draft. - Capture Details of Repo Contract
This topic describes how to capture details of Repo Contract in the Securities Repo Contract Online. - Repo Details
This topic describes how to use the Securities Repo Contract Online to define the Repo details. - Repo Process
This topic describes the repo process on Booking a Repo deal, Securities pledged will either be blocked in Bank portfolio or moved to a Collateral portfolio to track the securities. - Reverse Repo Block
This topic describes how to use Reverse Repo Maintenance Block to maintain the reverse repo details. - Authorize a Contract
This topic describes how to use the Multilevel Authorization Detailed screen to authorize the multilevel of authorization. - Summary Details of Repo Contract
This topic describes how to use the Securities Repo Contract Summary to process details of Repo Contract. - Margin Product for a REPO
This topic describes how to use the Margin Product Maintenance maintain Margin Products in Oracle Banking Treasury Management. - Securities Margin Process
This topic describes how to use the Securities Repo Margin Processing to trigger the margin processing for the Repo or Reverse Repo contract and also from the external system if Collateral revaluation at Repo product is Margin Settlement. - Securities Repo Margin Processing Summary
this topic describes how to use the Securities Repo Margin Processing Summary screen to query the records. - Margin Message Details
This topic describes how to use the Collateral Assignment Process (SRDMRONL) to capture the margin message details and to send a margin call from an external system or initiated manually for a repo or a reverse repo contract. - Margin Transaction Query
This topic describes how to use Margin Transaction Query to query the margin transaction details for the contract. - Rate Fixing Process for Repo
This topic describes how to use the Treasury branch parameter maintenance to provide the details on the different maintenance involved in the rate fixing process and the process in executing the rate fixing for an repo contract. - Amend Securities Repo Transactions
This topic describes how to use the Securities Repo Value Dated Changes Input screen to authorize and amend the securities repo deal. - Security Repo VAMI
This topic describes how to use Security Repo Vami to capture the Security Repo Vami details. - Upload Deals of Amendment
The topic describes how the user can upload Securities Deals through an external system to amend the deal in Oracle Banking Treasury Management - Securities Repo Payment Input
Use the Securities Repo Payment Input to process the payment method. - Process Repayments
This topic describes the process repayments schemes with example. - Rollover a Deal
The topic descibes how the user can use this feature roll it over into a new deal instead of liquidating a deal on maturity. - Specify Rollover for a Product
This topic describes how to use the Mode of Rollover (Manual or Automatic) feature to specify whether deals involving the product is to be rolled over when defining the product. - Automatic Processing
This topic describes the automatic processing of contract feature. - Automatic Events in the Lifecycle of a Deal
This topic describes the automatic events in the life cycle of a deal.