2.4 Collateral Party
This topic describes the systematic instruction to maintain collateral party and its summary details.
Any treasury customer can be configured as a collateral party using ‘Collateral Party Maintenance’ function. These preferences defined for the customer are used for collateral margining for the transactions booked with this customer as collateral party.
The details that can be captured for Collateral Party include,
- Mapping customer accounts that can be used for tracking margin for different modules, margin types and currencies
Collateral parties can be defined at the HO branch as well as specific to any branch.
- All the modifications to the setup are logged for audit trail purposes
- Auto authorization can be enabled for this function