6.1.1 Overview

The functionalities in the Time Buckets module are as follows:

• Multiple time bucket definition

  The application allows you to define multiple time bucket definitions and use them for different reporting purposes. For instance, FR 2052a, FR 2052b and LCR reporting and liquidity gap reporting require time buckets of different granularities.

• Additional bucket levels supported.

  The application supports five-time bucket levels for each bucket definition. This is performed by grouping the defined level 0 buckets. There is a window to define multiple levels.

• Reporting time bucket definition

  The application allows you to define multiple reporting time buckets on a selected computational bucket definition. The Level 0 buckets of the computational and reporting time buckets are the same. The granularity of the other levels of reporting time buckets is different from that of the computational buckets. These are used for aggregating cash flows for reporting purposes. They are not used for defining business assumptions or for carrying out computations.

  In the Time Bucket summary screen, click Create Reporting Bucket icon to define the reporting time bucket for the selected time bucket. When you click Create Reporting Bucket icon, a new bucket definition screen appears with level 0 buckets for the selected time bucket. You can define the name and higher levels through the new window.

• Pre-configured LRM Time Buckets
  The list of pre-packaged definitions is as follows:

  • FR 2052b Reporting Buckets : This time bucket definition is used to address US Regulatory report - FR 2052b
  • FR 2052a Reporting Buckets : This time bucket definition is used to address US Regulatory report - FR 2052a
  • LRM Time Bucket : This time bucket definition is used in OOB assumptions.
• User-specific Time Buckets

  OFS ALM and OFS LRS users have access to their respective time bucket definitions only.