9.7.5.8 Stress Horizons

This field allows you to enter the Stress Horizons (in days) for the purpose Regulation YY Liquidity Risk Calculation. The application provides the 4 stress horizons specified by the regulator i.e. 0, 30, 90 and 360 days pre-configured for selection by the user. Additionally, users can add multiple horizons which will be stored by the application for subsequent selection as well. This can be done based on the parameters Days and Multiplier.

Days – This field allows you to specify the width of the horizon. A value of 10 indicates a 10-day width.

Multiplier – This field allows you to specify the number of horizons of a particular width to be included. A value of 2, in conjunction with a day value of 10, means that 2 horizons, 10 day and 20 day, will be added to the horizon list.

Note:

• When only days are provided without having a multiplier specified, then the particular day is added to the pre-configured list as a single horizon value (in the above example, 10 day is added.)
• If multiplier is provided along with days, then application updates the list with the records equal to the multiplier and width equal to the days specified. For instance Days = 15, Multiplier = 4 will result in 4 horizons each with a width of 15 days, that is, 15, 30, 45, 60. However, in this instance, since the value 30 is already seeded, only the remaining 3 horizons are added.
• When you click
  
  
  
  button, it adds the horizons to the list available in the drop down with the check box selected and also in the stress horizons field.
• When you click
  
  
  
  button, it resets the Days and Multiple fields.