1 Overview
Oracle Banking Treasury Pre-Settlement Manager offers a completely automated and a secured end-to-end post-trade operational solution for Treasury transactions. It Identifies and Investigates the error reasons, helps resolve exceptions arising as the transaction moves through each phase of the lifecycle. It Provides an operation exception priority-based deal display queue monitor to actively view the key controls and risks on real-time centralized visibility.
Maintenance
OBTR allows customized creation of queue processing rules based on static Rule tags to suit the bank’s exceptional handling requirements. It supports the maintenance of Standard Settlement Instructions for a customer, based on the effective trade date or value date having instruction category as Standard or Usual with additional features of Auto upload and Propagation to deals for increased STP rate. OBTR also supports the maintenance of Product derivation rules, Customer additional details, CIF confirmation parameters for generation and suppression of event-based confirmations, Confirmation and Affirmation types and Confirmation matching rules maintenance. Prioritizing the deals based on the currency payment cut off is maintained and controlled.
Processing
OBTR supports the automated trade details review and validations for Foreign Exchange, Money Market and Capital Market transactions captured in the front office systems for different action codes such as:
- NEW
- AMEND
- CANC
- and ROLL
It works on the rule-based exception handling process and has a distinctive queue structuring comprising of:
- Repair
- Enrich
- Amend
- Special
- Credit Check
- Confirmation and Verification
It enables auto enrichment of SSIs’ and auto propagation of SSIs’ to respective transactions in case of any static changes. Product derivation based on rule maintenance is supported. Upon resolving trade exceptions from Pre-Settlement online screens the auto-down streaming to product processor is supported for further:
- Accounting
- Netting
- Settlement
- Revaluation and Reporting
Post Processing
The following are the Post Processing details:
- The system generates outgoing, SWIFT confirmation messages MT300 and MT320 without any manual intervention.
- The system enables auto-confirmation matching between the outgoing and incoming SWIFT messages.
- Manual confirmation and affirmation processing, manual confirmation matching process and confirmation status updates on the respective module online screen are supported.
