1.2.1.1 Conversion Mode Processing (Auto vs Manual)

This topic describes about the conversion mode processing.

Manual Processing

User must manually create the Instrument Conversion Deal Input (TIDCNVTR) record any time after Instrument Conversion Maintenance. On authorization, the system triggers the sell deal for source redemption and Buy deals for target holdings (online SE batch).

Auto Processing

System automatically creates the TIDCNVTR record at EOD on the Record Date. The auto-created record is unauthorized, users can unlock it to adjust required values before authorizing. After authorization, the system triggers the source sell and target buy deals through the online SE batch.

Conversion Contract/Record status is initiated on save and moves to completed after liquidation of:

• Source Sell Deal
• Target Buy Deal