1. User Guide
  2. Managing Administration
  3. Managing Account Review
  4. Managing Criteria Definition
  5. Creating Price Review Definition

5.3.1.1 Creating Price Review Definition

This section defines the criteria for a price review. The criteria are defined through different attributes which correspond to particular products and segments. The selection of accounts for Price Review is done through dimensions defining the respective accounts.

To create a price review definition, follow these steps:

  1. Click Add on the Pricing Review Criteria Definition Tool Bar to display the Price Review Criteria Definition Screen.
  2. Enter the following details:

    Table 5-3 Pricing Review Criteria Definition Fields and Descriptions

    Field Description
    Folder Select the folder from the drop-down list.
    Definition Name Enter the name of the Definition.
    Description Enter the description of the account that needs to be reviewed.
    Criteria Definition ID Enter the ID unique created for the definition.
    Filter Selection

    This field allows you to specify the filters based on which the accounts for which price review criteria are applicable can be selected. The filters are provided through dimensions.

    1. Click the Hierarchy Browser button to open the Dimension Browser.
    2. Select the required members and click the left arrow button. Multiple members can also be selected.
    3. To de-select, the members, select it from the Hierarchical pane and click the right arrow button.
    4. Click Apply.
    Price Review Criteria Specification

    This allows users to specify the conditions based on which an account is flagged for re-pricing.

    1. To add criteria, click Add. The Measure Browser Window is displayed. This browser displays the following list of measures:
      • Account Status
      • Average Credit Balance
      • Average Debit Balance
      • Credit Limit
      • Credit Score
      • Credit Rating
      • Days past due
      • Delinquency Amount
      • Income
      • NIM (%)
      • Outstanding Balance
      • Outstanding Principal Balance
      • Overdue Interest Amount
      • Overdue Principal Amount
      • Prepayment Amount
      • RAROC (%)
      • ROE (%)
      • ROTA (%)
      • Recovered Amount
      • Revenue (%)
      • SVA
      • Time to Maturity
    2. Select the measure you want. Depending on the measure selected, the value and limit of the measure vary.

    Note:

    Multiple criteria within a definition that may be used for a price review.
    • Click OK.
  3. Click Save. The Price Review Definition is added and is displayed in the Price Review Criteria Definition List window.