1.2 Release Enhancements

SWIFT 2023 Enhancements for Options and Messaging Modules

As part of the SWIFT 2023 Guidelines, the below changes are introduced:

• Settlement of a currency option contract can happen at Hit or Maturity considering the Payment Lag Days.
• Rebate settlement is introduced to consider the rebate payment days for deriving the final settlement date.
• Holiday preference is supported for the Exercise Pay date and Rebate pay date.

MT306 message has the following impacts:

• New tag 17C is introduced for Barrier Event Equal Modifier
• New tag 33Z is introduced for populating Rebate Amount
• Tag 30a(30F/30J) is populated with Rebate Amount Payment Date

Web Service for FX linkage Screen for Foreign Exchange Module

Web service is supported for FX linkage screen for querying the linked data

Moving Forward Rates Maintenance Screen (CYDFWRAE) to Common Core

The forward rate screen is moved to the common core from OBTR to enable usage across products