19 Maintain and Process Corporate Actions

In the Securities module of Oracle Banking Treasury Management, defining the corporate action is a part of the maintenance function. The processing of corporate action events is done as part of the End of Cycle process. The following are the corporate action events that can take place.

• Settlements (Money as well as Security settlements).
• Bonds
• Interest coupon payment
• Redemption (both series and quantity)
• Maturities
• Calls
• End of Trading
• Warrants (detachment, tradable)
• Equities
• Dividend payment (both cash and stock)
• Bonus
• Rights (Tear-Off, Exercise, Expiry)

This topic contains following sub-topics:

• Process Corporate Action Event Stages
  This topic describes the processing of corporate action event stages.
• Rights and Warrants
  This topic describes how to process rights and warrants, indicate rights ration and rounding fractions, and save rights/warrants record.
• Interest Coupon Details
  This topic describes the interest coupon details, processing of interest coupon details, and specify the event narrative.
• Process Interest Coupon
  This topic describes the processing of interest coupon and Rate Revision Details.
• Backdated/Current dated Rate Revision Processing
  This topic describes the processing of backdated/current dated rate revision.
• Auto Processing of Rate Fixing
  This topic describes the auto processing of rate fixing event.
• Maintain Stock Dividend Details
  This topic describes the systematic instruction to maintain stock dividend details.
• Process Cash Dividend
  This topic describes the systematic instruction to process dividend.
• Process Dividends
  This topic describes the process of dividends collections.
• Process Bonus to Cash Conversions
  This topic describes the overview to process bonus to cash conversion.
• Coupon Transfer
  This topics describes the coupon transfer process.