2.3.3 Other Information

This topic explains the Other Information section in the Basic Information tab of Create Entity screen.

  1. On Create Entity screen, click Basic Information tab to enter the other information details.
    The Other Information details are displayed.

    Figure 2-3 Other Information


    Description of Figure 2-3 follows
    Description of "Figure 2-3 Other Information"

  2. On the Other Information tab, specify the fields.
    For more information on fields, refer to the field description table.

    Table 2-3 Other Information - Field Description.

    Field Description
    Section Alphanumeric; 40 Characters; Mandatory

    Specify any descriptive text about or qualification for the AMC being maintained.
    Customer Interface Key Optional

    This facility is to be used if customer information from an installation of Oracle FLEXCUBE Universal Banking (FCUB) is to be imported into the Oracle FLEXCUBE Investor Servicing (FC-IS) system using the bulk interface facility, for the creation of unit holder accounts.

    The customer interface key determines the level at which unit holder account creation must take place in the FC-IS system, for a given Customer Information File (CIF) in Oracle FLEXCUBE Universal Banking (FCUB) – either at CIF level or at a customer account level. Accordingly, you can indicate either of the following two options:
    • For each CIF, a corresponding unit holder may be created in the FC-IS system. For this option, choose CIF from the drop-down list in this field.
    • For each CASA (Customer Access System Account) account in a CIF, a corresponding unit holder may be created in the FC-IS system. For this option, choose Account from the drop-down list in this field.

    The FC-IS system will create corresponding unit holder accounts when the customer information is imported from Oracle FLEXCUBE Universal Banking (FCUB), according to option you exercise in this field.

    Note: If you select either FCR (FLEXCUBE Retail) or FCC (FLEXCUBE Corporate) as the Bulk Client Type, then you must specify the Customer Interface Key as mandatory information.

    Online Interface Optional

    Select Yes to utilize the created Bulk Client as online interface from the adjoining drop-down list, if you have maintained Entity Type as Bulk Client. This field is not applicable for other entity types.

    Cross Branching Allowed Optional

    Select Yes if you want to allow cross branching for the specified entity ID from the adjoining drop-down list. If you need to disallow cross branching, then select No from the adjoining drop-down list.

    This field is applicable only for Agency Branch entity type. It indicates whether Cross Branching is allowed or not in given agency branch. If you select Yes, Cross branching is True for a agency branch, Unit holders that are created in other agency branches are allowed to view and transact in this agency branch. Otherwise this agency branch is allowed to view and transact only for the unit holders that are created in the own agency branch.

    Note: In Global Transfer Agency Setup, this field is not amendable for Agency Branch Entity Type.

    Signed Off? Display

    This indicates whether the given Agency Branch has signed off for the day. This is not used at setup time but used only for EOD purposes. By default, when you set up an Agency Branch, the record is set up with the status signed on, which means this field has a Off value.

    FLEXCUBE-IS Installed Optional

    Select Yes from the drop-down list to check if Oracle FLEXCUBE Investor Servicing is installed at the Agency Branch.

    Module/Agent Type Alphanumeric; 3 Characters; Optional

    Select the type of the Module that is being set up. LOV values are populated based for Agent and Agency Branch Entity type.

    For Agent, following values are populated in LOV
    • 0 - NON BANK
    • 1 - BANK
    • 2 - SUB AGENT
    For Agency Branch, following values are populated in LOV:
    • ABR - AGENCY BRANCH
    • ASB - BROKER BRANCH
    • ASU - UNITHOLDER BRANCH
    Module/Agent Description Alphanumeric; 60 Characters; Optional

    The system displays description for the specified agent type.
    Finware Posting Optional

    Choose Yes if you wish to allow FINWARE posting.

    Nature of Business Alphanumeric; 1 Characters; Optional
    Specify the business avenues supported by the Entity. This option is only available for entities where the entity type is AMC/Distributor. For other Entity Types, User will receive warning message stating Nature of Business will not be saved.
    • B - Both
    • L - Life Products
    • U - Unit Trust
    Effective Date for Capital Gains Calculations Date Format, Mandatory

    Specify the date on which capital gains calculations must begin, for the AMC/Distributor. This feature is only available if your installation has specifically requested for it. It is mandatory for you to specify the effective date if EUSD average cost is to be computed.
    ISA Reference Number Alphanumeric;5 Characters;Optional

    Specify ISA reference number.
    Min ISA Transfer In Numeric;30 Characters(18 Precisions and 12 Decimals);Optional

    Specify the minimum ISA that is validated during the transfer in.

    Note: Maximum decimal value is derived based on decimal set up of Base Currency in Currency maintenance.

    Min ISA Transfer Out Numeric;30 Characters(18 Precisions and 12 Decimals);Optional

    Specify the minimum ISA that is validated during the transfer out.

    Note: Maximum decimal value is derived based on decimal set up of ‘Base Currency’ in Currency maintenance.

    Auto Settle Switch Transaction Optional
    Select if switch in transactions needs to be auto settled or not from the adjoining drop-down list. Following are the options available:
    • Yes
    • No

    This field is enabled only for AMC entity type.

    While saving, If Fund Structure Applicable and Auto Settle Switch Transaction fields are selected as Yes for other Entity types (apart from AMC), then the system will display the warning message as Selected field (fund structure applicable/Auto settle switch transaction) not applicable for the entity type.

    Pay Dividend During Redemption Optional
    Select pay dividend during redemption status from the drop-down list. The list displays the following values:
    • 100% Only
    • ALL
    Relationship Termination Date Display

    The system displays the relationship termination date. This is applicable only for AMC type.
    Switching Logic Optional
    Select the type of logic to be enforced by the AMC in accepting switch transactions from the drop-down list. The list displays the following values:
    • Switch transactions restricted to fund family: In this case, switch transactions will be accepted only if the From and To funds are part of the same fund family. Cross-fund family switching is not allowed.
    • Switch transactions within AMC: In this case, switch transactions are accepted across fund families so long as both families belong to the same AMC.
    • No Restrictions

    For distributor installations, the switching logic will not be applicable.
    Unit Holder Generation Logic Optional
    Click on the drop-down menu and choose any one of the options available as follows:
    • AGT&BRN&SERIAL
    • SERIAL&AMC/DIST&CHK
    • SERIAL&AGT&CHK
    • No Logic
    • Reference Number
    • AJFGeneration Logic
    • Ctry(1)&Busi(1)&FMG/DIST&A-Z(1)&NUM(5) stands
    • InstallationId(4)&(A-Z)(1)&Num(7)
    This option enables multiple AMC branches to opt for different unit holder ID generation logic. Therefore, the UH Generation Logic field will be a valid value from UH generation table for a specific AMC, service provider, or a distributor.
    • The first option is, AGT&BRN&SERIAL&CHK stands for the Agent Code, Branch Code, Serial Number and Check Digit.
    • The second option is, SERIAL&AMC&CHK stands for the Serial Number, AMC ID (or Distributor ID) and Check Digit.
    • The third option is, SERIAL&AGT&CHK stands for the Serial Number, Agent Code and Check Digit.
    • The fourth option is, LEADINGZERO&SERIAL stands for Leading Six Zeros and a running Serial Number.
    • The fifth option is, Unit Holder ID is assigned with User entered Unit Holder Reference Number.
    • The sixth option is, AJF Generation Logic
    • The seventh option is, Ctry(1)&Busi(1)&FMG/DIST(4)&A-Z(1)&NUM(5) stands for Country Code, Business Type, AMC ID (or Distributor ID), a running Serial character and running Serial Number.

      Note: The above option is applicable only for service provider installations.

    • The eight option is, <Installed Entity ID/ 4 characters segment code> + Sequence Type + Running Serial No

Parent topic: Basic Information Segment