5.19.3 Identify Financial and Non-Financial fields for Amendment

Oracle Banking Treasury Management will not allow you to make amendments to the fields that have financial impact. Therefore you need to first identify the set of fields those have financial impact. In FX contracts following are the fields that are classified as financial fields:

• Branch
• Counterparty
• Buy/Sell Currency
• Sold Currency
• Net Settlement Risk
• Net Weighted Risk
• Net Pre-Settlement Risk

Following are the sequence of steps according to which system identifies a financial amendment:

• It compares the value of the above listed fields between the upload request and with the values in the base table for the contract that is being amended. Even if value of the one field differs, then it will consider the entire contract as financial amendment.
• If the system has identified request as non-financial amendment, then it will do the amendment using the normal amendment procedure.
• If the system has identified request as financial amendment, then it will do the reverse-rebooking of the contract. Following special handling will be done for settlement instruction in case of a financial amendment:
• If a non-financial request has settlement details, then the settlement values sent as part of the upload is uploaded.
• If settlement details are not sent and if they are maintained as list of amendable fields, then system will copy the details corresponding to the parent contract to the child contract.
• System will not upload a financial amendment if ‘SGEN’ message is already generated.
• In case of financial amendment, system will not generate any confirmation message for the reversed deal. It will generate the confirmation message as part of processing new deal.