How Data is Selected in End-of-Day Processing 

Purpose

In end-of-day processing, the system selects data by taking the start date and end date of the transaction from the financial object, and reading the counterparty risk active and country risk active indicators. For collateral, it checks the active indicator in the master record.

Maintaining the transaction start/end dates in the financial object is optional. However, if you do maintain these dates you can do the following:

·       Run historical evaluations

·       Influence the extent of the basic data set, and hence the performance of the system.

The indicators in the collateral are interpreted as follows:

·       The counterparty risk active and country risk active indicators in the financial object control the actual secondary risk display.

·       The active indicator in the master record of the collateral forms its primary risk-reducing effect, and its potential secondary risk display.

Process

The process in which financial objects are selected for the generation of utilizations has three steps (sequence in end-of-day processing):

 

Step 1:	Selection of the basic data set of financial objects
Step 2:	Reselection of transactions (and, if applicable, facilities) when the system reads the data for collateral
Step 3:	Reselection of facilities when the system reads data for the drawings on a facility

Facilities can currently be used in SEM Banking only. Otherwise, only the first two steps occur in end-of-day processing.