7.3.6 Average Balance Computation

Average balance computation is a method used to track and report average and end-of-day balances for financial institutions. It helps create both average and standard balance sheets and income statements, which are important for regulatory compliance and internal financial reporting.

This process is essential for calculating month to date average balances, taking into account situations like missing data, new accounts, or closed accounts. The following functions are also supported:

• Period to date (month) average values of instrument-level accounting balance.

  Note:

  Currently, only monthly averages are supported. Quarter-to-date and year-to-date averages will be introduced in future releases.