1. User Guide
  2. Business Rules Administration
  3. Application Specific Rules
  4. Prepayment Models

5.3.7 Prepayment Models

This module describes the procedure to build Prepayment Models. These Prepayment Mod­els can be referenced by a Prepayment Model rule to Model Prepayment Behavior of instruments based on a range of instrument level attributes.

The Prepayment Model consists of the Prepayment Dimensions and the Bucket Values for these Dimensions. To define the Prepayment Model Structure, you can select a maximum of three prepayment dimensions. After the dimensions and the number of buckets (tiers) are defined, you need to assign values to the buckets.

Prepayment Model Rule Summary

This page is the gateway to all Prepayment Model Rules and related functionality. You can navigate to other pages relating to Prepayment Model Rules from this point.

Figure 5-91 Prepayment Model Summary


Prepayment Model Summary

Search Prepayment Model Rule

Prerequisites: Predefined Prepayment Model Rule

To search for a Prepayment Model Rule:

Click Search after entering the search criteria. The search results are displayed in a table containing all the Prepayment Model Rules that meet the search criteria.

Or

An alternative method to search a Prepayment Model Rule is through the Field Search option. This is an inline wildcard UI search that allows you to enter a search value (such as code, name, etc.) partially or fully. Rows that contain the string you are searching for are fetched and displayed in the Prepayment Model rule Summary. Enter the Code, Name, Description, , and currency of the Prepayment Model Rule and click Search .

The Prepayment Model rule Summary displays the following information:

Add: Click the Add icon on the page header to build a new Prepayment Model rule.

  • Name: The Prepayment Model Rule's short name.
  • Rate Calculation Type: The Prepayment Model type, such as Manual .
  • Folder: The Folder where the Prepayment Model Rule is saved.
  • Last Modified By: The user who last modified the Prepayment Model rule.
  • Last Modified Date: The Date and Time when the Prepayment Model rule was last modified.
  • Access Type: The access type of the rule. It can be Read-Only or Read/Write.
  • Action: Click this icon to view a list of actions that you can perform on the Prepayment Model rule.
    • Multiple Delete: Enables you to select and delete one or multiple rules in the table simultaneously.
    • View/Edit: Based on the user privilege assigned, you can either only view or edit existing Prepayment Model rules. To edit a rule, you must have Read/Write privilege.
    • Save As: You can reuse a Prepayment Model rule by saving it under a new name thus saving time and effort in entering data multiple times; it also leads to reduced data entry errors.
    • Delete: You can delete Prepayment Model rules that you no longer require. Note that only Prepayment Model rule owners and those with Read/Write privileges can delete Prepayment Model rules. A Prepayment Model rule that has a dependency cannot be deleted.
    • Dependency Check: You can perform a dependency check to know where a particular Prepayment Model rule has been used. Before deleting a rule, it is always a good practice to do a dependency check to ensure you are not deleting Prepayment Model rules that have dependencies. A report of all rules that utilize the selected Prepayment Model rule is generated.

      Note:

      This is functionality will intended for a future release.

Also See: