4.3.3.1 Prepayment Rule Summary Page

Prepayment Rules allow you to specify methodologies to model the loan prepayment and deposit early redemption behavior of products in your portfolio and quantify the associated prepayment risk in monetary terms.

For more information, see Defining Prepayment Methodologies section.

Figure 4-56 Prepayment Rule Summary page

The Prepayment Rule summary table displays the following columns:

• Name: Displays the Prepayment Rule's short name.
• Dimension: Displays the Dimension the Prepayment Rule belongs to.
• Hierarchy: Name of Hierarchy that is used to define prepayment Rule.
• Folder: Displays the Folder name where the Prepayment Rule is saved.
• Last Modified By: Displays the Name of the user who last modified the Prepayment Rule.
• Last Modified Date: Displays the Date and Time when Prepayment was modified last.
• Access Type: Displays the access type of Rule. It can be Read-Only or Read/Write.
• Action: Displays the following list of actions that can be performed on the Prepayment Rule.
  • Add: Click Add icon at the top right of the summary page to build a new Prepayment Rule.
  • Multiple Delete: Select one or more Rules in the table and then click the (-) icon at the top right of the Summary Page to delete more than one Rule at the same time.
  • View/Edit: View/Edit to view or edit the contents of a Prepayment Rule in Read/Write format. Depending on user privileges the Rule will open in either View or Edit mode.
  • Save As: Click on the Action icon against the Prepayment Rule Name and select Save As to create a copy of an existing Prepayment Rule.
  • Delete: Click on the Action icon against the Prepayment Rule Name and select Delete to delete an existing Prepayment Rule.
  • Dependency Check: Click on the Action icon against the Prepayment Rule Name and select Dependency Check to generate a report on all Rules that utilize your selected Prepayment Rule.

For more information, see the following sections:

• Defining Prepayment Methodologies
• Defining the Constant Prepayment Method
• Defining the Prepayment Model Method
• Defining the PSA Prepayment Method
• Defining the Arctangent Calculation Method

You can copy, in total or selectively, the product assumptions contained within the Prepayment Rules from one currency to another currency or a set of currencies or from one product to another product or a set of products.

Search Prepayment Rule

Search for a Prepayment Rule to perform any of the following tasks:

• View
• Edit
• Copy
• Delete
• Check Dependencies
• Refresh

Prerequisites: Predefined Prepayment Rule

To search for a new Prepayment Rule, follow these steps:

1. Navigate to the Prepayment Rule Summary Page. This page holds all Prepayment Rules and related functionality. You can navigate to other pages relating to the Prepayment Rule from this page.
2. Enter the Code, Name, Description, Dimension, Hierarchy, and Folder of the Prepayment Rule and click Search . Only Prepayment Rules that match the search criteria are displayed.