5.3.2.4.1 Creating Maturity Mix Rules

You create Maturity Mix Rules to define the maturity and amortization term for new business volumes. Maturity Mix Rules use the modeling period defined in the Active Time Bucket Rule to set up the date range over which these assumptions can be defined.

Note:

Maturity Mix is an optional rule and the default maturity is given in the node’s Product Characteristics.

To create a new Maturity Mix Rule, follow these steps:

Figure 5-177 Maturity Mix Page

To create a new Maturity Mix Rule, follow these steps:

1. Click the Add icon from the top of the Maturity Mix Summary Page.
2. Enter the following Details.

   Table 5-46 Create Maturity Mix Rule

   Fields	Description
   Name	Enter the name of the Maturity Mix rule.
   Description	Enter the description of the Maturity Mix rule. This is an optional field.
   Folder	Select the Folder where the Maturity Mix rule needs to be saved.
   Access Type	Select the Access Type as Read-Only or Read/Write.
   MDBSS Folder	Select the MDBSS folder
   MDBSS Hierarchy	Select the MDBSS hierarchy
   Time Bucket Folder	Select the Folder from which you want to apply Time Bucket rule.
   Time Bucket	Select the time horizon/aggregation for process
   Currency	Select the currency for the Maturity Mix rule

   Note:

   If any member is a currency in the MDBSS hierarchy (for example, INR) and selected currency is different (for example, USD), then the member and its children nodes can not be defined.

3. Select MDBSS node(s) from Member Tree tab of the Assumption Browser. Assumption Browser has two tabs: Member Tree and Search Results.
   • Member Tree: Member Tree tab shows the hierarchical structure and allows you to define rules by selecting the node members from the browser. Select Node and Click Menu icon next to it to view the available options.

     Figure 5-178 Member Tree Selection

     
     

     

     
     

     The status of the node is also displayed in the Member Tree section, for example Selected, and so on. To select member hierarchy, following options are available:

     • Expand self, child and descendants: This allows you to expand the selected node itself along with its child and descendants.
     • Expand selected member/branch: This allows you to expand the selected node
     • Select UnSelect self, child: This allows you to unselect the selected node itself along with its child
     • Select UnSelect self, child and descendants: This allows you to unselect the selected node itself along with its child and descendants.
     • Select Defined self, child: This allows you to select the selected node itself along with its child.
     • Select Defined self, child and descendants: This allows you to select the selected node itself along with its child and descendants.
     • UnSelect self, child and descendants: This allows you to unselect the selected node itself along with its child and descendants.

     You can perform the following tasks on the selected node(s):

     1. Add
     2. Edit
     3. View
     4. Delete
     5. Copy

     Use the Show Numeric Code Values (Left) icon to view the code value left to the Node name.

     Use the Show Numeric Code Values (Right) icon to view the code value right to the Node name.

   • Search Results: You can also search the members based on the filters. This section shows the searched node(s).

     To search for a member, follow these steps:

     1. Navigate to the Search Results tab of Assumption Browser section.
     2. Enter the Member ID, Name, Status, or Is Leaf in the Search Criteria.

        Figure 5-179 Searching Member

        
        

        

        
        
     3. Click Search. The searched member(s) will be displayed in Search Results section of Assumption Browser.

        Figure 5-180 Search Results

        
        

        

        
        

     You can perform the following tasks on the searched node(s):

     1. Add
     2. Edit
     3. View
     4. Delete
     5. Copy

     Use the Show Numeric Code Values (Left) icon to view the code value left to the Node name.

     Use the Show Numeric Code Values (Right) icon to view the code value right to the Node name.

4. Click Add from Assumption Browser section.
5. Click Save.