Services

This is updated in the following types of activities for the applications already linked to PM (or the reverse) in the DC, FR, FT, FX, LD, MM, ND, PD, SC, SW, TT modules.

• Creates ‘New’ Position records, showing the Net Position of all Asset or Liability Accounts by currency.
• Creates updated ‘start of day’ Account Balance or Accrual Totals at a level determined by the PM.AC.PARAM.
• Deletes the records that are related to all unauthorised and matured transactions.

For new applications linked to PM using the generic interface, depending on the definition in PM.PARAMETER and PM.APPL.SELECTION, it:

• Recreates the PM.TRAN.ACTIVITY records with ID ‘Transaction ID*GAP’.
• Deletes the PM.TRAN.ACTIVITY records for matured contracts.

These records are created from the PM.TRAN.ACTIVITY file according to the online process.

PM updates for Arrangements happen using an activation service (PM.UPDATE). The list of arrangements to be processed are stored in the activation list file (PM.UPDATE.LIST) and the file is updated during the unauthorized stage of the arrangement. On execution of the service, PM module interacts with AA framework to build the necessary data to update PM files. It is a FIN type of service, hence, for each company separate service is invoked to process the arrangement from respective company. For example, BNK/PM.UPDATE. The user needs to ensure to turn off the PM.UPDATE during Close of Business (COB) to avoid multiple processing for a single arrangement, as this can improve system performance. It can be turned on after COB to reflect the COB updates of Arrangement to PM files.