Collateral Party Maintenance Screen

On the Homepage, type MGDCLCIF in the text box, and click the next arrow.

Collateral Party Maintenance screen is displayed.

Figure 2-1 Collateral Party Maintenance

Description of "Figure 2-1 Collateral Party Maintenance"

On the Collateral Party Maintenance screen, click New.

On the Collateral Party Maintenance- New screen, specify the details as required.

Click Save to save the details or Cancel to close the screen.

For information on fields, refer table below:

Table 2-1 Collateral Party Maintenance

Field	Description
Customer No	Select the treasury customer who is defined as a collateral party. This field cannot be amended after saving Customers having ‘Broker’ party role are not displayed here and ‘Broker Master Maintenance’ function should be used for the same
Short Name	Displays the short name of the treasury customer selected.
Description	Displays the description of the treasury customer selected.
Margin Accounts	Select the list of margin accounts to be used for transferring cash collateral, for this collateral party. Multiple margin accounts can be configured, by clicking on the ‘+’ button The selected margin account can be deleted by clicking on the ‘-’ button before authorization However, margin account cannot be deleted after subsequent authorization of collateral party But, the selected account can be invalidated by unchecking ‘Is Valid’
Module	Select the module of the contracts, for which the selected margin account is used for cash margin transfer. This field cannot be amended after first authorization of the collateral party Only those modules for which collateral is enabled are displayed for selection for this field
Margin Type	Select the Margin Type for which the selected margin account is used. This field cannot be amended after first authorization of the collateral party Can select Initial Margin (IM), Independent Amount (IA), Variation Margin (VM) or Funding (DF) or Any Margin (AL) At least one default account should be mandatorily selected for Variation Margin (VM) or Any Margin (AL) Can be set to Any Margin (AL) by default, if not specified
Account Currency	Select the currency in which margin is calculated and tracked, for the selected module, margin type and customer. This field cannot be amended after first authorization of the collateral party Only those currencies in which accounts are available for the selected customer are displayed for selection for this field
Margin Account	Select the customer account that is used to track cash collateral transferred for the margin calculated in the account currency, for the selected module, margin type and customer. This field cannot be amended after first authorization of the collateral party Only those customer accounts with the same account currency and belonging to the customer selected is displayed for selection Same customer account can be selected for multiple modules and margin types However, all cash collateral linked to the same margin account is tracked together irrespective of the module or margin type of the linked transactions Interest is calculated on this cash collateral according to the configuration in the margin account
Is Valid	Indicate whether the selected margin account can still be used for tracking margin calculated in the account currency, for the selected module, margin type and customer. If unchecked, Default is automatically unchecked for this record If unchecked and if the margin account has any balances, then system displays an override message However, the balance in the margin account is not automatically returned and should be operationally handled
Default	Indicate whether the selected margin account is used as default account, for tracking margin calculated in the account currency, for the selected module, margin type and customer. Can be checked, only if ‘Is Valid’ is checked for this record Only one margin account can be defaulted at any time, for the customer, module, margin type and account currency combination selected