1. User Guide
  2. Mapping the Business Terms
  3. Approving or Rejecting a Business Term

4.4 Approving or Rejecting a Business Term

You must have Business Term Approver rights to approve or reject a Business Term.

To approve a Business term, follow these steps:

  1. From the Financial Services Data Governance for North America Regulatory Reporting window navigate to Standards and Policies and select Business Terms.
    The Business Terms summary window is displayed.

    Figure 4-9 Business Terms Summary


    This illustration shows the Business Terms summary window information.

    In the Status sub-section, search the Pending Approval business term and click Edit.

    The Business Term Details window is displayed.

  2. In the Business Term Details window, Justification field, provide a reason.
  3. Click either Approve or Reject.

    A confirmation message is displayed, confirming that the update operation was successful.

    Note:

    If you have approved the Business Term, the state of the Business Term changes to Active. If you have rejected the Business Term, the state of the Business Term changes to Draft.