1.29 Rebalance Batch Processing

This topic provides information on rebalance batch processing details.

Following are the different statuses of the rebalancing process:

Table 1-43 Rebalance Batch Processing

EOD Sequence	Description	Purpose
6019	Age based rebalancing Portfolio Amendment	This EOD batch would verify the applicable portfolios based on age/frequency and do dynamic amendment of portfolios and map the resultant model portfolios
6020	Pension Age Based Rebalancing	This EOD batch would process age based rebalancing for the portfolios mapped to age based rebalancing rules. System will use the DOB of the parties to derive the age slab for processing.
6021	Pension Frequency Based Rebalancing	EOD batch to process re-balancing based on the pre-defined frequency. System will do rebalancing for the portfolios with difference above the variance percentage

As part of Pension Frequency Based Rebalancing batch process, if the computed actual variance for a portfolio breaches the maintained variance % then eligible portfolios will undergo rebalancing as per half-yearly/Annual frequency maintained.

Actual variance = (Portfolio asset balance in market value / Portfolio asset balance in unit cost) * 100

Note:

Unit cost is the average of unit cost derived for a party, portfolio, account and asset combination.

On successful rebalancing process in Pension, the rebalance process log table PATB_REBALANCELOG will be updated with the status 6 as Rebalance handoff pending.

On failure of rebalancing process in Pension, the rebalance process log table PATB_REBALANCELOG will be updated with the status 3 as Rebalance processing failed in PAS.