1.2 Product Code- AFSP

AFSP- Allowed for sale portfolio

Bank portfolio features are parametrized with the following features.

Synopsis

• Acquisition cost is calculated at the portfolio level
• Premium and discount is amortized at portfolio level
• Instrument is revalued having different revaluation method at portfolio

Detailed Coverage

ASFP portfolio covers the following features:

• External revaluation
• Amortization of Premium and discount
• WAC Costing Method
• Redemption type Quantity
• Auto liquidation for corporate action
• Short position allowed
• Contra holding validation online

Events Covered

The events covered in the Product AFSP is explained in the below table:

Table 1-1 Events Covered in AFSP

Events Covered	Terminology
ACRD	Accrual of Sec. Discount Earned
ACRP	Accrual of Sec. Premium Paid
BRVL	Securities Revaluation of Positions
CANG	Corporate Action Notice Generation
CBPS	Con. Booking for Spot Purchases
CBSS	Con. Booking for Spot Sales
CPCD	Coupon Collection
CPIN	Coupon Init
CPLQ	Coupon Liqd
EXRR	Credit Derivative External Revaluation Reversal
EXRV	Credit Derivative External Revaluation
IACR	Securities Coupon Premium Accrual
RRVL	Securities Reversal of Revaluation
SPLP	Sec. Purchase from Long Position
SPSP	Sec. Purchase from Short Position
SSLP	Sec. Sale from Long Position
SSSP	Sec. Sale from Short Position

Special/Other Features

User can define tax and brokerage components for the deals.

Advices Supported

Payment Messages

Additional information (ex. UDF & Other Special Maintenance)

In case, Bank wants to capture some other details about the deal or the parties involved, the same could be customized by way of using UDF option available at various screens.

• Branch Parameter
• Messaging Parameter
• Local Holidays
• Security Batch Maintenance
• Market code and price maintenance
• SK Location Maintenance
• Tax scheme class