1. User Guide
  2. Reports & Analytics
  3. Balance Reconciliation
  4. Default Attributes
  5. Creating a New Product-Currency Combination and Default Attributes

7.2.4.1 Creating a New Product-Currency Combination and Default Attributes

To create a new Product-Currency combination and defualt attributes for that. You can click the Add button, and a slide in pop-up will appear with three tabs:

Core Product Attributes Tab: Here you can select one or multiple products and one or multiple currencies and start defining core product attributes as follows:

  • Amortization Type
  • Adjustable Type
  • Interest Rate Code
  • Net Interest Rate
  • Original Term
  • Original Term Type

Figure 7-164 Core Product Attributes


In the Core Product Attributes tab, you can select one or multiple products and one or multiple currencies and start defining core product attributes.

Click Apply and move to the Payment Attributes tab.

Payment Attributes Tab: To Define payment attributes, you can select this tab and start filling the following details:

  • Payment Frequency
  • Payment Frequency Type
  • Accrual Basis
  • Interest Type
  • Compounding Basis
  • Payment Amount
  • Remaining Number of Payments

Figure 7-165 Payment Attributes


In the Payment Attributes tab, you can select one or multiple products and one or multiple currencies and start defining payment attributes.

Click Apply and move to the Adjustable-Rate Attributes tab, which is applicable only for adjustable rate instruments:

Adjustable-Rate Attributes Tab: Here you can define following attributes:

  • Repricing Frequency
  • Repricing Frequency Type
  • Rate Change Rounding Type
  • Net Margin

Click Apply and then click Save. The Default Product Attribute for the selected Product-Currency combination is saved.

Figure 7-166 Adjustable-Rate Attributes


In the Adjustable-Rate Attributes tab, you can define the Repricing Frequency, Repricing Frequency Type, Rate Change Rounding Type, and Net Margin.