Automatic Daily Processing

5 Automatic Daily Processing

The End of Cycle (EOC) events constitute a set of programs, which are automatically triggered during the batch processes.

The EOD process is designed to tie up all the operations for a financial day and prepare the system for the next day.

During End of Day, the batch process must be run after End of Transaction Input (EOTI) which is marked for the day, but before End of Financial Input (EOFI) are marked for the day.

As part of running the End of Day processes for OT Interest Rate and Currency options, the system performs the following operations:

Revaluation
Amortization
Auto Exercise and Rate Reset
Knock In and Knock Out (Currency Options)
Auto Settlement
Auto Expiry

This topic has the following sub-topic:

Automatic Events Executed during End of Day
This topic describes the automatic events such as revaluation (revl), amortization, auto exercise and Rate Reset (RTFX and EXER), knock in and knock out (Event KNIN and KNOT), auto settlement (EXST, KNST, KIST, PRPT), auto expiry (EXPR), and auto expiry (EXPR).