16.1.6.1 Forward Balance Allocation
The application computes forward balances based on a limited set of dimensional combinations such product, currency, customer type legal entity and facility type (see the Granularity of Forward Records section for the granularity of forward records) as the information is generally not available at a very granular level for dates in the future. However, for computing LCR, the information is required at a very granular level. To overcome this mismatch in granularity, the application allocates the adjusted forward balances to the granularity required for computing forward LCR as follows:
- The dimensional combinations to which forward balance methods are mapped are identified.
- The dimensional combination to which each forward balance is to be allocated is identified. The allocation granularity is the dimensions that are available as part of the FSI LRM Instrument table.
- The application computes the current profile of all spot data, which corresponds to each download dimensional combination, at the granularity available in the FSI LRM Instrument table that is the allocation dimension granularity.
- The application applies the current profile percentage calculated as part of step 3 to the corresponding forward balances computed at the download dimension level to compute the allocation amount.
The forward balance allocation process is illustrated below. Suppose the forward balance is being computed at the Product – Customer Type dimensional combination. The current balance obtained as a download and forward balance computed for this dimensional combination is the following:
Table 16-25 Example: Forward Balance Allocation
Product Customer Type Current EOP Balance(a) Current Insured Balance (b) Forward Balance (c) Deposits Retail 1000 600 1200 Loans SME 2000 1500 This illustration assumes that the most granular dimensional combination for computation is Product – Customer Type – Currency. The current balance available for this granular dimensional combination is provided below. The application computes the current profile and allocates balance to the granular combinations as follows:
Table 16-26 Computation of the Current Profile and Allocation of Balance to the Granular Combinations
Input Calculation Product Customer Type Currency Current EOPBalance(d) Current Insured Balance (e) Current Profile- EOP Balance [f= d ÷ a] Allocated Forward EOP Balance (c * f) Current Profile - Insured Balance [g = e÷ a] Allocated Forward Insured Balance (c * g) Deposits Retail USD 800 450 80% 960 45% 540 Deposits Retail GBP 200 150 20% 240 15% 180 Loans SME USD 900 45% 675 Loans SME GBP 1100 55% 825 Note:
The allocation of liquidity pool balances is based on the Fair Value and not the EOP Balance. For all other products, the balance allocation is done based on EOP Balance.