Intermediary User Manual
Contents
1. Actions Allowed You can perform the following actions on a record New Delete Unlock Save Auth Authorise Reverse Execute Ouery 3 10 ORACLE Refer the Procedures User Manual for details about each action 3 7 Viewing Rule Summary Details You can view details of all intermediary rules maintained in the system using the Intermediary Rule Maintenance Summary screen You can invoke this screen by typing INSRLMNT in the field at the top right corner of the Application tool bar and clicking the adjoining arrow button Summary ee Authorization Status Record Status wes 15 Algal a 1 OF 1 Authorization Status Record Status Ruleld Rule Description Rule Type 4 7 ES lt You can query based on the following criteria e Authorization Status e Record Status e Rule ID Click Search button The system identifies all records matching the criteria specified and displays the following details for each of them e Authorization Status e Record Status e Rule ID e Rule Description e Rule Type 3 11 ORACLE 3 8 3 8 1 Maintaining Intermediary Group You can associate a set of intermediaries to a group and link the group to transactions You can maintain such intermediary groups using the Intermediary Group Maintenance screen You can invoke this screen by typing INDGRPMT in the field at the top right corner of the Application tool bar and clicking the adjoi2. Based on the rule ID the system displays a brief description of the rule 4 2 4 Specifying Branch and Currency Restrictions You can maintain a list of branches and currencies that should be allowed or disallowed for all transactions under the product You can specify such restrictions using the Branch and Currency Restrictions screen You can invoke this screen by clicking Restrictions button in the Intermediary Product screen Branch and Currency Restrictions Product Code Product Description Branch To be Considered for Allowed Currency To be Considered Allowed Computation ee for Computation Disallowed Branch Restrictions Currency Restrictions 10f1 10f1 HM Branch Code Branch Description p B Currency Code Currency Description LI E Specify the following details Product Code and Description The system displays the product code and description Branch To Be Considered for Computation Indicate whether you want to create a list of allowed branches or disallowed branches by selecting one of the following options e Allowed e Disallowed 4 8 ORACLE 4 2 5 Currency To Be Considered for Computation Indicate whether you want to create a list of allowed currencies or disallowed currencies by selecting one of the following options e Allowed e Disallowed Branch Restriction Depending on whether you have opted to create an Allowed or Disallowed list you can specify the b
3. Intermediary Product Code Specify a unique code to identify the intermediary product Product Description Specify a brief description for the intermediary product 4 1 Mod Mo Record Status Authorization Status ORACLE Start Date Specify the date from which this product will be available using the adjoining calendar End Date Specify the date until which this product will be available using the adjoining calendar Remarks You can enter some information about the product which is internal to the bank This will not be printed on any correspondence with the intermediary You can maintain additional details for the product by clicking the following buttons on the screen Buttons Deseripton Accounting Click this button to define the accounting role to accounting head Roles mapping Events Click this button to select the events for the product and then maintain event wise accounting entries and advices Preferences Click this button to define preferences like tenor Prepayment option etc Module Click this button to maintain the list of allowed disallowed Product customers customer categories MIS Click this button to capture MIS related parameters Restrictions Click this button to maintain the list of allowed disallowed branches and currencies for the product 4 2 1 Specifying Accounting Roles Click Accounting Roles button to maintain accounting roles for the product 4 2 ORACLE Accou
4. Manual Execution Date Specify the date of manual transaction execution based on which you want to liquidate commission using the adjoining calendar Click Single View icon This screen displays the following details of accounts considered for commission liquidation e Reference Number e Branch Code e Customer ID e Book Date 5 11 ORACLE e Module Code 5 7 1 Actions Allowed You can perform the following actions on a record e New e Delete e Unlock e Save e Auth Authorise e Reverse e Execute e Query Refer the Procedures User Manual for details about each action 5 8 Viewing Manual Liquidation Summary You can view summary of all manual liquidations through the Intermediary Manual Liquidation Summary screen You can invoke this screen by typing INSMPMCL in the field at the top right corner of the Application tool bar and clicking the adjoining arrow button Summary Authorized Product Code H Branch Code e Intermediary Code La Ruleld ad Event Code INLa ad Execution Date IB Reference Number W dl a1 OFT pll oa od EDOM cane Branch Code Intermediary Code Rule Id Event Code Execution Date Reference Number 4 Pas ili EG You can guery based on all or any of the following criteria ORACLE Authorized Branch Code Rule ID Execution Date Product Code Intermediary Code Event Code Reference Number Click Search button The system identifies al
5. Specify the date from which the settlement should begin based on the given frequency using the adjoining calendar Charge Back Unit Select the unit for calculation of pre payment penalty period from the adjoining drop down list The options available here are e Daily e Weekly e Monthly e Yearly If the requirement is to consider all pre payments the penalty period can be maintained as null and penalty unit should be left blank In this case the system will consider all pre payments Charge Back Period Specify the period within which if prepayment is done a loan then pre payment penalty should be charged from the Intermediary This indicates the duration from the date of the first loan disbursement During this period if any pre payment is done then pre payment charges will be levied on the Intermediary Example Assume that you have maintained the Charge Back Period as 6 months and Unit is monthly This product is linked to a loan with first loan disbursement date is January 01 2009 If prepayment on the same is within 6 months from the first disbursement i e before July 01 2009 prepayment penalty charge will be levied on the intermediary Rule Details You can link rules to the product 4 7 ORACLE Rule ID Specify the rule that should be linked to the product The adjoining option list displays all intermediary rules maintained in the system You can select the appropriate one Rule Description
6. Advice Format You can maintain the following advice formats using the Advice Format screen e INTER CR ADV for credit advice e INTER DR ADV for debit advice e INTER STMT for intermediary statement a ORACLE 6 6 1 INTER CR ADV You can capture the following details in this format Date Intermediary Code Intermediary Name Address Intermediary Customer Id Value Date Amount Currency Credit Account 6 6 2 INTER DR ADV You can capture the following details in this format Date Intermediary Code Intermediary Name Address Intermediary Customer Id Value Date Amount Currency Debit Account 6 6 3 INTER STMT You can capture the following details in this format Date Statement Period Intermediary Code Intermediary Name Address 6 4 ORACLE Intermediary Customer id Transaction Date Transaction Details Amount Currency Debit Credit Settlement account 6 5 ORACLE 7 Screen Glossary 7 1 Function ID List The following table lists the function id and the function description of the screens covered as part of this User Manual reen rnesa E ORACLE Function ID Function Description INSUDEMT External UDE Values Maintenance Summary 7 2 ORACLE ORACLE Intermediary April 2014 Version 11 3 83 02 0 Oracle Financial Services Software Limited Oracle Park Off Western Express Highway Goregaon East Mumbai Maharashtra 400 063 India Worldwid
7. Products tab to capture details about products under which the intermediary can transact 3 21 ORACLE Intermediary Maintenance Intermediary Settlement and Statement Producta Product Detaile Product Code Product Description Last Settlement Date Last Processing Date Next Processing Date Hierarchy Commission F a E o i id UDE Details ad Rule ID User Defined Element ID UDE Value Maker Date Time Mad Ho Record Status Checker Date Time Authorization Statu Specify the following details Product Code Specify the intermediary product in which the intermediary can transact The adjoining option list displays all open and authorized intermediary products maintained in the system You can choose the appropriate one You can link multiple products to the intermediary Product Description The system displays a brief description of the product Last Settlement Date The system displays the last settlement date for the product Last Processing Date The system displays the last processing date for the product Next Processing Date The system displays the next settlement date for the product based on the settlement frequency Hierarchy Commission Percentage Specify the commission that the intermediary should get in terms of a percentage of the transaction amount 3 22 ORACLE Minimum Hierarchy Commission Specify the minimum amount that should be granted as commission UDE Details The system d
8. available are e Automatic e Manual Minimum Amount for Liquidation Specify the minimum amount required for primary commission liquidation While processing transactions for the intermediary if the calculated amount is less than the amount maintained here it will not consider the amount for liquidation Intermediary Status Indicate the status of the intermediary by choosing one of the following options from the adjoining drop down list e Active e Inactive Cascade Child Check this box to indicate that status of the parent should be applied to the child intermediaries Once checked if you change the status of a parent intermediary from active to inactive the system will make all child intermediaries inactive However you can also leave the box unchecked In such case the status of parent intermediary will not be applied to the child intermediaries During hierarchy commission distribution the system will stop processing on encountering the first inactive record Level Number The system updates the level of the intermediary in the hierarchy on saving the record Cascade Till Indicate the level until which the system should process hierarchy commission by choosing one of the following values from the adjoining drop down list e Immediate If you select this option commission hierarchy will be processed only up to immediate parent e Root If you select this option commission hierarchy will be processed up to the roo
9. corner of the Application tool bar and clicking the adjoining arrow button internal UDE Value Maintenance Product Code 10f1 LI Waker Date Time Mad No Checker Date Time Record Status Authorization Status Specify the following details Product Code Specify the Intermediary product code for which you want to maintain UDE values Rule ID The system displays all intermediary rules linked to the product UDE ID The system displays the UDE ID linked to the rule UDE Value Specify the value for the applicable UDE IDs 4 13 ORACLE 4 4 1 Actions Allowed You can perform the following actions on a record e New e Delete e Unlock e Save e Auth Authorise e Reverse e Execute e Query Refer the Procedures User Manual for details about each action 4 5 Viewing UDE Summary Details You can view summary details of all UDE values in the Internal UDE Value Maintenance Summary screen You can invoke this screen by typing INSIUDVM in the field at the top right corner of the Application tool bar and clicking the adjoining arrow button Summary X Authorization Status Record Status Product Code g alali ord a 4 Authorization Status Record Status Product Code 4 UT You can query on records based on any or all of the following criteria e Authorization Status e Record Status e Product Code 4 14 ORACLE Click Search button The system identifies all records sat
10. for details about each action 5 4 Viewing SDE Summary You can view a summary of all SDEs for different product intermediary combinations through the Intermediary SDE View Summary screen You can invoke this screen by typing INSSDVAL in the field at the top right corner of the Application tool bar and clicking the adjoining arrow button 5 4 ORACLE Summary Product Code H Intermediary Code eee Rued ad 15 al pall a 1 OF 1 bl pI Product Code Intermediary Code Rued Mn 4 ES im A You can query based on all or any of the following criteria e Product Code e Intermediary Code Click Search button The system identifies all records satisfying the specified criteria and displays the following details for each one of them e Product Code e Intermediary Code e SDE e SDE Value Viewing Calculated Commission You can view all the accounts considered for commission charge calculation across intermediary products for a given execution date using the Intermediary Calculation View screen You can invoke this screen by typing INDIVIEW in the field at the top right corner of the Application tool bar and clicking the adjoining arrow button Es ORACLE Intermediary Calculation View Product Code Amount Intermediary Code Currency Branch Code SDE Id Reference Number SDE Value Event Code settlement Branch Execution Date setlement Account Rule Id Hierarchy Commiss
11. n Ee ea O E TE EEEN GE de GE Ge ee Ee 3 6 3 6 DEFINING AN INTERMEDIARY RULE sessies ses ees se ee SE eb GE an Se Ge Ee ee Ge Ge Es ee ei Ge ee pe ei 3 6 3 6 1 Aa O e T O sata EE OE EE OE N EO EE EE EE 3 6 3 6 2 A S EO E E S 3 10 3 7 VY WING RULE SUMMARY DETAI S oe Se Se Ge Ses este Ee ee trisha ees ee ee eo Ee ee de ie 3 11 3 8 MAINTAINING INTERMEDIARY GROUP ss eise suave sd se ees eden ee Gee Gees ea Ge ee ee ee ee De Ge ee Ge Ee ee eg ie 3 12 3 8 1 POU FOV CO areata EE saat oes siete base Gia Stace owed a SULA E sao eed a NT 3 12 3 9 VIEWING GROUP SUMMARY DETAILS Res dese ee ee Ee ees ee Ee ee Ges ee Ee ee ee Ge ee de ig 3 13 3 10 MAINTAINING INTERMEDIARY HIERARCHY DETAILS ee esse ese ee see see se ee se ee ee ee see ee ee ee ee ee ee ee ee ee ee ee 3 14 MAN MERE ENE EE OER TE ER EE EE 3 15 3 10 2 Settlement and Statement Tab ee ee ee ee ee ee ee ee ee ee ee ee ee ee ee ee ee ee ee ee ee 3 19 ES Produaie Va oe RR RE Oe A A OE ee ee de Ee Oo Ee 3 21 IAIOA IE EE EE RE EE EE OE OE EE EI 3 23 dd Maintaining MIS Detensie SR oe Ee ee ie Se Ge GE oe ee Gee E ee 3 26 sdUO Viewing UDE VANOS ONE N AE RE R EO 3 26 AO ACDD A ON A ed RE E E Ee ee EG Ee ee od Hes 3 27 3 11 VIEWING INTERMEDIARY SUMMARY DETAILS ee esse sees see see se ee se ee ee se ee se ee ee ee ee ee ee ee ee ee ee ee ee ee ee 3 27 3 12 SPECIFYING EXTERNAL UDE VALUES ee ees sesse ee se ee ee es ee ee se ee ee ee ee ee ee ee ee ee ee ee ee ee ee ee ee ee ee ee ee ee ee 3 2
12. the last working day before the holiday Intermediary Daily Computation Check this box to indicate that SDE calculation should happen daily for every intermediary Product Category for PC upload Specify the product category to be used for Payments and Collections PC transaction upload The adjoining option list displays all product categories maintained under the PC module You can choose the appropriate one Actions Allowed You can perform the following actions on a record e New e Delete e Unlock e Save e Auth Authorise e Reverse e Execute e Query 3 2 ORACLE Refer the Procedures User Manual for details about each action Viewing Branch Parameters Summary You can view parameters maintained for every branch using the Intermediary Branch Parameters Summary screen You can invoke this screen by typing INSBRMNT in the field at the top right corner of the Application tool bar and clicking the adjoining arrow button Summary Authorization status Record status Branch Code ma H Process Til 15 Mal a 7 OF 1 RUG a Recora status eraneh code Process G 4 ES You can query on records based on any or all of the following criteria e Authorization Status e Record Status e Branch Code e Process Till Click Search button The system identifies all records satisfying the specified criteria and displays the following details for each one of them e Authorization Status e Record Sta
13. 9 dd AFLOUSA GUN HR Ne ee N Ge EE N Ge ee De Ge Ge Ge ee Ee 3 30 3 13 VIEWING EXTERNAL UDE SUMMARY ee esse ee see ee sees ee es ee ee ee ee ee ee ee ee ee ee ee ee ee ee ee ee ee ee ee ee ee ee ee ee 3 31 4 SETTING UP A PRODUCT seooseooseoossesssesssesssesssesssesssosssosssosssosssossssssssssessssossesssesosesosesssesssossssosssssssssssso 4 1 4 1 Po ODU IN o E A E E E E E A E EA 4 1 4 2 MAINTAINING AN INTERMEDIARY PRODUCT ccccscccsccssccssccnccesccusseuccesscusseccesseussenccesseusseccesseussenccesseuss 4 4 2 1 DCC IS ACCO NE ROL ER ORE EE OE 4 2 4 2 2 hi see VIS a A E EE T NO EN T 4 3 4 2 3 Speci yin Froduci TYSTEN eo EE Aa n Ee AEE ETT TT TS 4 6 4 2 4 Specifying Branch ANd Currency RestriCHONS iese ees ss see ee ee ee RE ee ee ee ee RE ee ee ee ee RE ee ee ee 4 8 4 2 5 Specifying Module Product INCSITICHLONS ee EE EES ed Ge ON RE De EG N EEA N Ee EG ee ed 4 9 4 2 6 CCIE IV CITI os ces OE RR OR OE ON 4 4 2 7 POMS O E RR A E dots ee 4 11 4 3 VIE WING PRODUCT EUNNEAR oes seins cig Ee ae ecto ae tes TEE ETT 4 12 4 4 PEC IN UDE VAELDES is daa ee ee NE ee ee ee OE ese Ee naseceaes 4 13 ORACLE 4 4 PTI OWES FU OV OE OE EE cack se a N EE OE OO EN N 4 14 4 5 VIEWING UDE SUMMARY DETAILS tesisse ds ees ee Gee Oe ie Ge ee Dee Gee ee GE Oe EG Ge SE Ee ee eie 4 14 OPE A DEd EE EO EE OE EE EE EE EE EE EE 5 1 5 1 WOO Gd i 1h ane EE N T E eee ene eee 5 1 52 COMMISSION PROCESSING es ee ed se Ee oe Ee ee ee Ee AE estos Ee ee DE e
14. I EO OE iss naan N EO OE RE N Ee ied 6 2 6 6 AVE OR Ts ae N ees Ge A E eu OE Ee ES 6 3 6 6 1 DIN TT Ce AD AE EN EE seats sass OE OE ON OE er AE 6 4 6 6 2 INIER D AD EE N re os se sais EE OE EK N N EE eae 6 4 6 6 3 IN TP ES AN EE OR AE NE OE ea is ast goes nd EE N SE RE 6 4 SCREEN GLOS ARI AE EE OE EE EA EE EE EE EN 7 1 7 1 PONCTONID CO N GE RE ME E EEE EEE N N N N 7 1 ORACLE 1 About this Manual 11 Introduction This manual is designed to help acquaint you with the Intermediary module of Oracle FLEXCUBE In addition to this User Manual you can find answers to specific features and procedures in the Online Help It can be invoked by choosing Help Contents from the Help Menu of the software You can further obtain information about to a particular field by placing the cursor on the relevant field and striking the lt F1 gt key on the keyboard 1 1 1 Audience This manual is intended for the following User User Roles Back office data entry clerk Input functions for contracts Back office managers officers Authorization functions Product Managers Product definition and authorization End of Day operators Processing during End of Day Beginning of Day Financial Controller Product Managers Generation of reports 1 1 2 Organization This manual is organized into the following chapters Chapter 1 About this Manual gives information on the intended audience It also lists the various chapters covered in this User Manual Chap
15. Intermediary Oracle FLEXCUBE Universal Banking Release 11 3 83 02 0 April 2014 Oracle Part Number E53607 01 ORACLE FINANCIAL SERVICES Intermediary Table of Contents L ABOUT THIS MANUAL soe ei os es esis se a ee ee ee eee bac Ge ee de ee sens Oe ee Ge ei GE OE 1 1 1 1 TIN eens estate caster EE EE EE EE EE N OE EN EN 1 1 1 1 1 POI OE RR OO N RR OO ON ON l l 1 1 2 O ALEA OE NO EE N EE E E A A l 1 1 1 3 Related DOENE MS ese di EE Ge ee ee ES ER ee ei ee Ge GE ee De ek 1 2 1 1 4 Glossary of Icons eee 1 2 2 INTERMEDIARY AN OVERVIEW cccsccccccccsscccccsccccccccsccccsccccccccccscccccsccccsccccccccceccccsccccsccccescseoes 2 1 2l INIRODUCTION AN OO ET os pa E cent OE EE Ee EE EEA TAEAE 2 1 3 GENERAL MAINTENANCE seoossosssosssosssossesssosssosssossscoseossssssesosesosesosesssesosesssesssesosesososssesssosssesssosssosssoso 3 1 3 1 MOCO AA AE N ORR EE EE ER OE OO OT ER OE ER 3 1 3 2 CAPTURING BRANCH PARAMETERS ees ee see see ees se ee see se ee se ee ee ee ee ee ee ee ee ee ee ee ee ee ee ee ee ee ee 3 1 3 2 1 Ee Allowed RE RE OR RE EE N ORE OE Ee 3 2 3 3 VIEWING BRANCH PARAMETERS SUMMARY esse see sees sees see see se ee see ee ee ee se ee ee ee ee ee ee ee ee ee ee ee ee 3 3 3 4 CAPTURING INTERMEDIARY SDE DETAILS ccsccccsescssscoasceceecosecceccecseccseccacsecescosscseccecsuccescsecseceecsacesecs 3 3 3 4 1 ACTOS A O a TE ON N N EE N EEE E ON 3 5 3 5 VIEWING SDE SUMMARY DETAILS 3 ee Soe oe SEE
16. Intermediary Hierarchy Details You can maintain intermediaries in Oracle FLEXCUBE You can also create a hierarchy of intermediaries and specify commission processing share for each one in the hierarchy You can maintain such hierarchy details through the Intermediary Maintenance screen You can then link the intermediary to a loan You can invoke this screen by typing INDINMNT in the field at the top right corner of the Application tool bar and clicking the adjoining arrow button Intermediary Code Intermediary Name intermediary Settlement and Statement Products Intermediary Details Primary Contact Type Branch Code Collection Agent Effective Date Intermediary Category Group Code Parent Intermediary Code Parent Intermediary Name Intermediary Customer Number Address1 Zip Country Evens ws voe vaes Root Intermediary Liquidation Mode Minimum Amount for Liquidation Intermediary Status Level Number Cascade Till Telephone Mobile Fax Email ld Cascade Child Maker Date Time Mod No Checker Date Time Record Status Authorization Status You should specify the following details in the above screen Intermediary Code The system generates a unique numeric intermediary code for every intermediary as per the following mask NNNNNNNNN Where 3 14 ORACLE NNNNNNNNN Running sequence number Intermediary Name Specify the name of the Intermediary associated with the b
17. MT REC_INTER lt RULEID gt _INTERPAY_AMT 6 5 1 2 Advices You can link the following advices to the events The advices will address the primary intermediary 6 5 2 Collection For a product linked to collection type of rule you can maintain the following accounting entries 6 5 2 1 Accounting Entries INLQ Intermediary Liquidation Dr Cr Indicator Accounting Role Amount Tag PAY_INTER lt RULEID gt _INTERPAY_AMT de ORACLE INCOME lt RULEID gt _INTERPAY AMT REC INTER lt RULEID gt _INTERPAY AMT EXPENSE lt RULEID gt _INTERPAY_AMT INHL Intermediary Hierarchy Liquidation Dr Cr Indicator Accounting Role Amount Tag PAY_INTER INTERHIE AMT REC INTER INTERHIE AMT Rule ID will be replaced with actual Rule ID while processing the entries 6 5 2 2 Advices You can link the following advices to the events INLO IN INTER CR Credit Advice INLQ IN INTER DR Debit Advice IMST IN INTER STMT Intermediary Statement The advices will address the primary intermediary If settlement mode for intermediary is CASA for both debit and credit the settlement details will be picked up from the settlement account maintenance for the intermediary If settlement mode for intermediary is External Account the credits will be handled using the external account by triggering a PC transaction Debits to intermediary will be handled using the settlement account details maintained for the intermediary 6 6
18. Settlement Account Specify the settlement account based on which you want to view commission calculation Hierarchy Commission Processed Indicate the hierarchy commission processing status by choosing one of the following options from the adjoining drop down list e Yes e No Click Single View icon This screen displays the following details of accounts considered for commission calculation e Reference Number e Branch Code e Customer ID e Book Date 5 7 ORACLE e Module Code 5 5 1 Actions Allowed You can perform the following action on a record e Query Refer the Procedures User Manual for details about each action 5 6 Viewing Commission Calculation Summary You can view summary of all commission calculation through the Intermediary Calculation View Summary screen You can invoke this screen by typing INSIVIEW in the field at the top right corner of the Application tool bar and clicking the adjoining arrow button Summary X ProductCode La Intermediay Code La Branch Code H Reference Number H EventCode ad Execution Date ad Rued Lad 15 gg 4 7 OF 1 EG Product Code Intermediary Code Reference Number Execution Date Rule ld Hierarchy Commissidad x ES You can query on records based on any or all of the following criteria e Product Code e Branch Code e Event Code e Rule ID e Intermediary Code e Reference Number e Execution Date oe ORACLE 5 7 Clic
19. _AMT e Batch Processing Date 01 February 2009 e Last Settlement Date for the intermediary product 01 January 2009 The batch will calculate the total amount disbursed for the intermediary between last settlement date i e 01 January 2009 and processing date i e 01 February 2009 This amount will be used for computation of the SDE and then logged into a data store for processing Subsequent to SDE calculation the system does the following e Calculation of amount for all the rules for the product say INP1 gt Assume the following figure is calculated rule wise gt RUL1 200 Commission gt RUL2 100 Charge Penalty e Netting the amount across all the rules a ORACLE gt For above scenario the accounting should be as under gt RUL1 Accounting Role Amount Tag Debit Credit Expense 200 D Intermediary 200 C gt RUL 2 Accounting Role Amount Tag Debit Credit Intermediary 100 D Income 100 C In the above scenario netting will be done as under Accounting Role Amount Tag Debit Credit Expense 200 D Income 100 C Intermediary C e Processing settlement with the intermediary based on netted amount gt The system posts settlement entries as per the netted The settlement with the intermediary is based on the intermediary set up If CASA is the settlement mode maintained for the intermediary settlement will happen using the CASA maintained If External Account is the settlemen
20. ach action 3 11 Viewing Intermediary Summary Details You can view details of all intermediaries in the Intermediary Maintenance Summary screen You can invoke this screen by typing INSINMNT in the field at the top right corner of the Application tool bar and clicking the adjoining arrow button 3 27 ORACLE Summary er Authorization Status Record Status Intermediary Code a Intermediary Name E Intermediary Status Parent Intermediary Code HW Primary Contact a intermediary Category der ape Authorization Status Record Status Intermediary Code Intermediary Name Intermediary Status Parent Intermediary Code Pris fil 4 P Exi You can query on records based on any or all of the following criteria e Authorization Status e Record Status e Intermediary Code e Intermediary Name e Intermediary Status e Parent Intermediary Code e Primary Contact e Intermediary Category Click Search button The system identifies all records satisfying the specified criteria and displays the following details for each one of them e Authorization Status e Record Status e Intermediary Code e Intermediary Name e Intermediary Status e Parent Intermediary Code e Primary Contact e Intermediary Category 3 28 ORACLE 3 12 Specifying External UDE Values You may need to capture data from external systems for computation of intermediary commission You can capture such data in the Ex
21. an specify the following details Settlement Details Specify the following details for settlement processing Settlement Currency Specify the currency to be used for settlement processing The adjoining option list displays all valid currency codes maintained in the system You can select the appropriate one Settlement Mode Indicate the settlement mode by choosing one of the following values from the adjoining drop down list e CASA e External 3 19 ORACLE If you choose CASA you will have to specify the settlement account under CASA section If you choose External you will have to specify the settlement account for CASA as well as external account details under the External Account section Statement Details Specify the following details for statement generation Statement Frequency Select the frequency at which statement should be generated for the intermediary from the adjoining drop down list The following values are available e Daily e Weekly e Monthly e Yearly Statement Frequency Unit Specify a numeric value to denote the unit of statement frequency For example if the frequency is daily and the unit is specified as 3 it will imply that statements should be generated every 3 days Statement Start Month From the adjoining drop down list select the month from which statement generation should begin if you have chosen the frequency as Monthly or Yearly S
22. ank You can specify additional details for the intermediary in the following tabs e Intermediary e Settlement and Statement e Products 3 10 1 Intermediary Tab The system displays this tab by default when you invoke this screen Intermediary Details You can specify the following details Primary Contact Specify the name of the person to be contacted from the intermediary Type Indicate whether the intermediary is internal or external to your bank by selecting the one of the options from the adjoining drop down list e Internal e External Branch Code This field indicates the Home Branch of the intermediary This value is defaulted based on the current logged in branch Effective Date The system displays the current system date Intermediary Category Specify weather the Intermediary is a single entity or group of intermediaries The options available here are e _ Individual e Group 3 15 ORACLE Group Code If you have selected the category as Group then you have to specify the group code to which the intermediary should belong The adjoining option list displays all valid intermediary group codes maintained in the system You can choose the appropriate one Parent Intermediary Code In order to build a hierarchy of intermediaries you need to specify the parent intermediary code The adjoining option list displays all valid intermediary codes maintained in the system You can choose the ap
23. e Ge EE ee 5 1 5 2 1 Settlement of Commission Between Intermediaries cccccccccsseveecccceceeenneesececeeeeeaaassseeeeeesaaaeeeeeeeeeeaas 5 3 5 3 VIEWING INTERMEDIARY SYSTEM DATA ELEMENTS ccccscccssccsscccscccssccsccesccesscesccesccescceesseesccescseusseuscss 5 3 5 3 1 PRION OV OE EE EE EE ents ol DE N EG OE EE 5 4 5 4 VIENA o DE OMMERS EE nee ee eee 5 4 5 5 VIEWING CALCULATED COMMISSION ii ER GO AEEA ee EEEN E N eo Ge 5 5 5 5 1 eo Se EA N TE EE N EE EE OE N EE N EE 5 8 5 6 VIEWING COMMISSION CALCULATION SUMMARY ccccssccsscccssccescccscccsceusccesccecceusceusccuseceusceuscceseceusseuscss 5 8 5 7 LIQUIDATING INTERMEDIARY COMMISSION MANUALLY ccccsccsccsscsccsccsccsccsccsscscescessessessesscssceseescencs 5 9 5 7 1 ACTOS OC l E AAEE 5 12 5 8 VIEWING MANUAL LIQUIDATION SUMMARY cccsccsccsccssccsccsccsccnccsscscescessessescesscscescescessessescesscusceseesses 5 12 ANNEXURE A ACCOUNTING ENTRIES AND ADVICES 0 0 cccccccccccccsccccccccccccccccccccccccescees 6 1 6 1 Dar ODE Gd PIONEER ne ee Pr E OE oe ee 6 1 6 2 Ad CN AE em ce EE OO A EN EE E IE tree ee 6 1 6 3 A COI GF OS ee ts ee ee DE epoca ct ca sess ee Ee GE ee oe ee cee ee Ge ae 6 1 6 4 ANOLNEIEAES 2 ea ee ed ct ten ee DE ee oe cae seat ie EE Ee ee oe E ee EE ie 6 1 6 5 ACCOUNTING ENTRIES AND ADVICES esse sees se ee sees se ee se ee ee ee ee ee ee ee ee ee ee ee ee ee ee ee ee ee ee ee 6 2 6 5 1 PO EE N N EE EO N EE EN EE OE ON oe N 6 2 6 5 2 IO
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25. e Summary screen You can invoke this screen by typing INSSDEMT in the field at the top right corner of the Application tool bar and clicking the adjoining arrow button Summary ae Element HA 1 Of 1 we 4 You can query based on the SDE ID Click Search button The system identifies all records matching the criteria specified and displays the following details for each of them e Element e Description e Calculation Method Defining an Intermediary Rule An Intermediary Rule identifies the method to calculate commission payable to the Intermediary and Pre Payment Late Payment penalty charge to be recovered from the Intermediary You can maintain such rules in the Intermediary Rule Maintenance screen You can invoke this screen by typing INDRLMNT in the field at the top right corner of the Application tool bar and clicking the adjoining arrow button 3 6 ORACLE Intermediary Rule Maintenance Rule ID Currency Rule Description Exchange Rate Type Rule Type __ 101 p pat C SDE ID C User Defined Element ID LIDE Type UDE Basis UDE Curr Formula Maker Date Time Moed No Record Statue Checker Date Time Authorization Statu 2 Specify the following details Rule ID Specify a unique rule identification code for the Intermediary rule you are creating Rule Description Give a brief description for the rule ID Currency Specify the currency in which the aggregat
26. ency codes maintained in the system You can choose the appropriate one Note that you can specify the currency only if UDE type if Amount and basis is External You can maintain multiple UDEs Capturing Rule Formula You can specify the formula for the rule using the Formula screen You can invoke this screen by clicking Formula button in the Intermediary Rule Maintenance screen 3 8 ORACLE Formula and Expression Details 10f1 Specify the following details Line Assign a unique sequence number formula number for each condition The conditions are evaluated based on this number Condition Specify the condition for the rule Result Specify the result of the condition being satisfied To define a condition click on Condition in the screen above The following screen is displayed 3 9 ORACLE 3 6 2 Fields Condition Elements Logical Operations Mathematical Operations Operator value In this screen you can use the elements operators and logical operators to build a condition Although you can define multiple expressions for a component if a given condition is satisfied subsequent conditions are not evaluated Thus depending on the condition of the expression that is satisfied the corresponding formula result is picked up for component value computation Therefore you have the flexibility to define a computation logic for each component of the product
27. es 3 2 Capturing Branch Parameters You can maintain branch level parameters for all transaction involving the intermediary module using the Intermediary Branch Parameters Maintenance screen You can invoke this screen by typing INDBRMNT in the field at the top right corner of the Application tool bar and clicking the adjoining arrow button Intermediary Branch Parameters Maintenance Branch Code Branch Name Process Till system Date Intermediary Daily Next Working Day 1 Computation Product Category far PC Upload Maker Date Time Mad No Checker Date Time Record Status Authorization Status Specify the following details 3 1 ORACLE 3 2 1 Branch Code Specify the branch code for which you are maintaining parameters The adjoining option list displays all valid branch codes maintained in the system You can select the appropriate one Branch Name The system displays the branch name associated with the branch code Process Till This specification determines the day on which automatic events such accrual liquidation etc falling due on a holiday should be processed Indicate your preference by selecting the appropriate option The available options here are e System Date If you select this option events will be scheduled as per the date irrespective of whether it is a holiday or not e Next Working Day 1 If you select this option events scheduled for a holiday will be processed on
28. ested accounting entries are listed in the chapter titled Annexure A Accounting entries and Advices of this User Manual Refer the chapter titled Product Definition in the Products User Manual under Modularity for details about events accounting entries and advices 4 2 3 Specifying Product Preferences Click Preferences button and invoke the Intermediary Product Preferences screen to maintain generic attributes of the product Preferences settlement Details Charge Details Settlement Frequency Charge Back Unit Settlement Frequency Unit Charge Back Period Settlement Start Month settlement Start Date Rule Details 10f1 Jmj Rue Rule Desoipton O O O OO O OOOO OO Specify the following details Settlement Details You can capture the following settlement details Settlement Frequency Select the frequency for settlement of payment from the adjoining drop down list The options available here are e Daily e Weekly e Monthly e Yearly 4 6 ORACLE Settlement Frequency Unit Specify a numeric value to denote the unit of settlement frequency For example if the frequency is daily and the unit is specified as 3 it will imply that payments should be scheduled every 3 days Settlement Start Month Select the month from which settlement should begin if you have chosen the frequency as Monthly or Yearly Settlement Start Date
29. iary for each intermediary based on the intermediary maintenance The following diagram illustrates the hierarchical structure that can be maintained for intermediaries EE T The computation happens till the level specified at the intermediary level If the level is immediate calculation will happen only till the immediate parent level otherwise it will happen till the root level This computation will happen product wise for the intermediary Viewing Intermediary System Data Elements Fore a given product you can view all SDE values for the current liquidation cycle through the Intermediary SDE View screen You can invoke this screen by typing INDSDVAL in the field at the top right corner of the Application tool bar and clicking the adjoining arrow button on ORACLE intermediary SDE View Product Code Intermediary Code Rule ld 10f1 d Here you can capture the following details Product Code Specify the product for which you want to view SDEs The adjoining option list displays all valid Intermediary products maintained in the system You can select the appropriate one Intermediary Code Specify the Intermediary code for which you want to view SDEs The adjoining option list displays all valid Intermediary codes maintained in the system You can select the appropriate one 5 3 1 Actions Allowed You can perform the following action on a record e Query Refer the Procedures User Manual
30. ion Manual Execution Date Processed 10f1 LI Specify the following details Product Code Specify the intermediary product code for which you want to view commission calculation Intermediary Code Specify the intermediary code for which you want to view commission calculation Branch Code Specify the branch code under which transactions should be considered for commission calculation view Reference Number Specify the contract reference number for which you want to view commission calculation Event Code Specify the event code for which you want to view commission calculation Execution Date Specify the date of automatic transaction execution based on which you want to view commission calculation F ORACLE Rule ID Specify the intermediary rule based on which you want to view commission calculation Manual Execution Date Specify the date of manual transaction execution based on which you want to view commission calculation Amount Specify the transaction amount based on which you want to view commission calculation Currency Specify the transaction currency based on which you want to view commission calculation SDE ID Specify the SDE ID based on which you want to view commission calculation SDE Value Specify the SDE value based on which you want to view commission calculation Settlement Branch Specify the settlement branch code based on which you want to view commission calculation
31. ion of total amount should be considered in the rule The adjoining option list displays all valid currencies maintained in the system You can choose the appropriate one Exchange Rate Type Specify the rate type to be used for cross currency transactions The adjoining option list displays all valid exchange rate types maintained in the system You can choose the appropriate one Rule Type Select the type of rule from the adjoining drop down list The options available here are e Payment e Collection This value determines the accounting set up that needs to be done for the intermediary product 3 7 ORACLE 3 6 1 Refer the chapter titled Setting up A Product in this User Manual for details about product set up SDE Details You can specify the following details for SDEs SDE ID Specify the System Data Elements ID to be included in the rule The adjoining option list displays all valid SDE IDs available in the system You can choose the appropriate one You can maintain multiple SDEs UDE ID Specify the User Data Element ID to be included in the rule UDE Type Select the type of the UDE from the adjoining drop down list The following options are available e Amount e Rate e Number UDE Basis Select the UDE basis from the adjoining drop down list The following options are available e Internal e External UDE Currency Specify the UDE currency The adjoining option list displays all valid curr
32. isfying the specified criteria and displays the following details for each one of them e Authorization Status e Record Status e Product Code 4 15 ORACLE 5 1 5 2 5 Operations Introduction You can process commission payment charge collection at defined frequency level for every intermediary based on the transactions You can also pay commission collect charge to from the intermediary at a pre defined frequency specified for every intermediary product Hierarchy distribution of the commission is done based on the hierarchy percentage maintained at intermediary product level After settlement is done the system generates an intermediary statement based on the product maintenance displaying details of computation and the settlement amount This chapter explains the processing for computing commission Commission Processing As part of the End of Day EOD processing the system computes System Data Elements SDEs for the Intermediaries across products Calculation of SDEs is done for intermediaries based on the branch level parameter Daily SDE Computation If the branch parameter is checked the system will do daily computation of SDEs for all intermediaries irrespective of whether the settlement is due on application date or not If it is not checked the system will compute SDEs only if settlement processing is due on the said date Example Assume a transaction with the following details e SDE LOAN_DISBURSED
33. isplays all rules linked to the product You can specify the UDE values for them Rule ID The system displays the rules that are linked to the product UDE ID The system displays the UDE ID associated with the rule UDE Value Specify the value for the UDE IDs 3 10 4 Capturing Events Click Events button in the Intermediary Maintenance screen and invoke the Events screen Events Event Details 10f1 CO a Accounting Entries Here you can view the following details e Event Number 3 23 ORACLE e Event Code e Event Date Click Messages button and invoke the Messages screen to view the messages generated for the intermediary Advice Details FI Event No Message Type Party ID Suppress Priority Cancel Here you can view the following details e Event Number e Message Type e Party ID e Suppress e Priority Click Accounting Entries button and invoke the Accounting Entries screen to view accounting entries posted for transactions of the intermediary 3 24 ORACLE View Details Reference Number jf Accounting Entries W Branch Account DriCr Amount Tag Currency Foreign Currency Amount Rate IL See Position Entries Overrides E Overrides Authorization Status Authorized By Auth Date Stamp oD TT DT TT Here you can view the following details e Branch Code e Account Number e D C e Local Cur
34. k Search button The system identifies all records satisfying the specified criteria and displays the following details for each one of them Product Code Branch Code Event Code Rule ID Intermediary Code Reference Number Execution Date Rule ID Hierarchy Commission Processed Amount Currency SDE ID SDE Value Settlement Branch Settlement Account Liquidating Intermediary Commission Manually As mentioned before commission calculation and liquidation can be automated as part of the EOD batch However you can also manually liquidate commission or charge for the failed settlements in the batch through the Intermediary Manual Liquidation screen You can invoke this screen by typing INDMPMCL in the field at the top right corner of the Application tool bar and clicking the adjoining arrow button aaa ORACLE Intermediary Manual Liquidation Product Code Amount Rule Id Currency Intermediary Code SDE ld Branch Code SDE Value Reference Number settlement Branch Event Code INLO settlement Account Execution Date Manual Execution Date Account Details 1071 L Maker ID Date Time Checker ld Date Time status Authorized Specify the following details Product Code Specify the intermediary product code for which you want to liquidate commission The adjoining option list displays all valid product codes maintained in the system You can select the appropriate one Rule ID Specify the inte
35. l records satisfying the specified criteria and displays the following details for each one of them Authorized Product Code Branch Code Intermediary Code Rule ID Event Code Execution Date Reference Number 9 13 ORACLE 6 Annexure A Accounting Entries and Advices 6 1 6 2 6 3 6 4 Introduction This section contains details of the suggested accounting entries that can be set up for the Intermediary module of Oracle FLEXCUBE The details of the suggested accounting entries are given event wise Events You can link the following events to an Intermediary product Event Code Event Description INLQ Intermediary Liquidation INHL Intermediary Hierarchy Liquidation IMST Intermediary Statement Accounting Roles The following accounting roles are available in the module Amount Tags The following amount tags are available in the module Amount Tag Tag Description lt RULEID gt _INTERPAY AMT Amount paid to the Intermediary INTERHIE AMT Amount for hierarchy wise settlement en ORACLE 6 5 Accounting Entries and Advices You can set up accounting entries for the following types of products e Payment e Collection 6 5 1 Payment For a product linked to payment type of rule you can maintain the following accounting entries 6 5 1 1 Accounting Entries INLQ Intermediary Liquidation Dr Cr Indicator Accounting Role Amount Tag EXPENSE lt RULEID gt _INTERPAY_A
36. m any liability for any damages caused by use of this software or hardware in dangerous applications This software and related documentation are provided under a license agreement containing restrictions on use and disclosure and are protected by intellectual property laws Except as expressly permitted in your license agreement or allowed by law you may not use copy reproduce translate broadcast modify license transmit distribute exhibit perform publish or display any part in any form or by any means Reverse engineering disassembly or decompilation of this software unless required by law for interoperability is prohibited The information contained herein is subject to change without notice and is not warranted to be error free If you find any errors please report them to us in writing This software or hardware and documentation may provide access to or information on content products and services from third parties Oracle Corporation and its affiliates are not responsible for and expressly disclaim all warranties of any kind with respect to third party content products and services Oracle Corporation and its affiliates will not be responsible for any loss costs or damages incurred due to your access to or use of third party content products or services
37. ning arrow button Intermediary Group Maintenance Group Code Group Description Waker Date Time Mad No Checker Date Time Record Status Authorization Status You can specify the following details Group Code Specify a unique code to identify the group that you want to maintain Description Specify a brief description for the group code Actions Allowed You can perform the following actions on a record e New e Delete e Unlock e Save e Auth Authorise 3 12 ORACLE e Reverse e Execute e Query Refer the Procedures User Manual for details about each action 3 9 Viewing Group Summary Details You can view all the details of intermediary groups in the Intermediary Group Maintenance Summary screen You can invoke this screen by typing INSGRPMT in the field at the top right corner of the Application tool bar and clicking the adjoining arrow button Intermediary Group Maintenance Summary Authorization Status v Record Status _ Group Code X Records per page 15 5 Authorization Status Record Status You can query based on the following criteria e Authorization Status e Record Status e Group Code m Fa Group Cod Click Search button The system identifies all records matching the criteria specified and displays the following details for each of them 3 13 ORACLE e Authorization Status e Record Status e Group Code 3 10 Maintaining
38. ns 10f1 JE Product Code ProductDescriptom C Specify the following details Product Code and Description The system displays the product code and description Loans To Be Considered for Computation Indicate whether you want to create a list of allowed loans or disallowed loans by selecting one of the following options e Allowed e Disallowed Module Products Restrictions Depending on whether you have opted to create an Allowed or Disallowed list you can specify the loan products to be included in the list Product Code Specify the product code that should be included in the Allowed or Disallowed list The adjoining option list displays all valid product codes maintained in the system for the following modules e Retail Lending e Mortgages e Leasing You can select the appropriate one 4 10 ORACLE Product Description Based on the product code the system displays a brief description of the product You can maintain multiple products in the list 4 2 6 Specifying MIS Details Click MIS button to maintain MIS details MIS Details Product Code MIS Group Pool Code MIS Classes 10f1 Jm MiS Class MIS Code m L Cost Code Refer the Management Information System User Manual under Modularity for further details 4 2 7 Actions Allowed You can perform the following actions on a record New Delete Unlock Save Auth Authorise Re
39. nting Roles Product Code Product Description Class Details _ iio moe ii mi Default From Class Class Code Class Description Roles 10f1 B Accounting Role Role Description Account Head GL Description EEE Refer the chapter titled Product Definition in the Products User Manual under Modularity for details about role definition 4 2 2 Specifying Events Click Events button and invoke the Events screen to maintain events for the product 4 3 ORACLE Events Product Code Product Description Class Details Class Code Class Description Event Details 10f1 Accounting Entries Default From Glass Here you can specify events that should occur in the lifecycle of transactions linked to the product 4 2 2 1 Specifying Accounting Entries Click Accounting Entries button in the Events screen and invoke the Accounting Entries screen to maintain event wise accounting entries ORACLE Accounting Entries Event Code Event Description Accounting Entries Details i 10f1 Debit No 4 2 2 2 Specifying Advices Click Advices button in the Product Event Accounting Entries Maintenance screen and invoke the Advices screen to maintain event wise advices Event Code Description Advices Details 4 10fi Tm Advice Name Description Generation Time Suppress Priority Charges m Authorize No High 4 5 ORACLE All sugg
40. propriate one The system will allow only intermediaries with the same home branch to be linked as parent intermediary Parent Intermediary Name Based on the parent intermediary code the system displays the corresponding intermediary name Intermediary Customer Number Specify the customer number of the intermediary You can choose the appropriate customer number from the adjoining option list This list displays all valid and open accounts maintained in the system Address Specify the address of the intermediary The system retrieves the address based on the customer number CIF However you can change it ZIP Specify the ZIP code of the address The system retrieves the ZIP code based on the customer number CIF However you can change it Country Specify the country in which intermediary resides The adjoining option list displays all valid country codes maintained in the system You can choose the appropriate one The system retrieves the country based on the customer number CIF However you can change it Collection Agent Check this box to indicate that the Intermediary can act as a collection agent 3 16 ORACLE Root Intermediary Indicate whether the intermediary is at the root of the hierarchy or not by selecting one of the following options e Yes e No Liquidation Mode Select the mode of liquidation for settlement of intermediary transactions from the adjoining drop down list The options
41. ranches to be included in the list Branch Code Specify the branch code that should be included in the Allowed or Disallowed list The adjoining option list displays all valid branch codes maintained in the system You can select the appropriate one Branch Description Based on the branch code the system displays a brief description of the branch You can maintain multiple branches in the list Currency Restrictions Depending on whether you have opted to create an Allowed or Disallowed list you can specify the currencies to be included in the list Currency Code Specify the currency code that should be included in the Allowed or Disallowed list The adjoining option list displays all valid currency codes maintained in the system You can select the appropriate one Currency Description Based on the currency code the system displays a brief description of the currency You can maintain multiple currencies in the list Specifying Module Product Restrictions Click Module Product button in the Intermediary Product screen and invoke the Module Products Restriction screen You can maintain a list of products from other modules that should be allowed or disallowed for all transactions under this product 4 9 ORACLE Module Products Restrictions Product Code Product Description Loans To be Considered for Allowed Computation Disallowed Module Products Restrictio
42. rency e Local Ccy Amount e Exchange Rate e Foreign Ccy Amount e Date e Value date e Amount Tag e Code 3 25 ORACLE 3 10 5 Maintaining MIS Details Click MIS button in the Intermediary Maintenance screen and invoke the Management Information System screen Management Information System Branch Code Calc Method Account 000000081 Rate Type Fixed MIS Group zl Spread C Link to Group Account Rate Code Pool Code Reference Rate Transaction MIS Codes Cost Code ee Je J Composite MIS Codes Refer the User Manual on MIS for further details 3 10 6 Viewing UDE Values Click UDE Values button in the Intermediary Maintenance screen to invoke the UDE Values screen You can view values for all UDEs applicable to the Intermediary in this screen Note that you will be able to invoke this screen only in the Query mode In all other cases this button will be disabled 3 26 ORACLE UDE Values UDE Details 10f1 rT Rule Id User Defined Element Id UDE Value EE L Here you can view the following details e Rule ID e UDE ID e UDE Value 3 10 7 Actions Allowed You can perform the following actions on a record e New e Delete e Unlock e Save e Auth Authorise e Reverse e Execute e Query Refer the Procedures User Manual for details about e
43. rmediary rule based on which you want to liquidate commission The adjoining option list displays all valid rule IDs maintained in the system You can select the appropriate one Intermediary Code Specify the intermediary code for which you want to liquidate commission The adjoining option list displays all valid intermediary codes maintained in the system You can select the appropriate one Branch Code The system displays the current logged in branch code 5 10 ORACLE Reference Number Specify the contract reference number for which you want to view liquidate commission The adjoining option list displays all transactions linked to the intermediary You can select the appropriate one Event Code Specify the event code for which you want to liquidate commission Execution Date Specify the date of automatic transaction execution based on which you want to liquidate commission using the adjoining calendar Amount Specify the commission amount that you want to liquidate Currency Specify the currency based on which you want to liquidate commission SDE ID Specify the SDE ID based on which you want to liquidate commission SDE Value Specify the SDE value based on which you want to liquidate commission Settlement Branch Specify the settlement branch code based on which you want to liquidate commission Settlement Account Specify the settlement account based on which you want to liquidate commission
44. sum of reversed Periodic amount which was collected by the Intermediary for the previous cycle but was reversed in the current liquidation cycle You can view details of each one of them in the Intermediary SDE Maintenance screen You can invoke this screen by typing INDSDEMT in the field at the top right corner of the Application tool bar and clicking the adjoining arrow button 3 4 ORACLE System Data Elements Maintenance Element Description Calculation Method Here you can view the following details Element The system displays a unique identification code for the System Data Element SDE Description The system displays a brief description for the System Data Element Calculation Method The system displays the method that should be used for calculation purposes from the adjoining drop down list The options available are e Periodic These SDEs will always aggregate data for an intermediary between the last settlement date and the next settlement date The computation of all such SDEs will be based on the booking date e As of date These SDEs will be the aggregated data as of that point in time 3 4 1 Actions Allowed You can perform the following actions on a record e Query 3 5 ORACLE 3 5 3 6 Refer the Procedures User Manual for details about each action Viewing SDE Summary Details You can view all SDEs maintained for intermediaries in the Intermediary SDE Maintenanc
45. t intermediary till the minimum hierarchy commission amount is reached 3 17 ORACLE Telephone Specify the telephone number of the intermediary The system retrieves the telephone number based on the customer number CIF However you can change tt Mobile Specify the mobile number of the intermediary The system retrieves the mobile number based on the customer number CIF However you can change it Fax Specify the facsimile fax number of the intermediary The system retrieves the fax number based on the customer number CIF However you can change it E Mail ID Specify the e mail ID of the intermediary The system retrieves the e mail ID based on the customer number CIF However you can change it 3 18 ORACLE 3 10 2 Settlement and Statement Tab Click Settlement and Statement tab to capture details about settlement processing Intermediary Maintenance Intermediary Code Intermediary Name Intermediary Settlement and Statement Products Settlement Details Statement Details Settlement Currency Statement Frequency Settlement Made statement Frequency Unit statement Start Month statement Start Date Last Statement Date Next Statement Date Settlement Branch Settlement Account External Account Details External Account Name External Account Humber External Bank Code ERLA ESE Maker Date Time Mod Ho Record Status Checker Date Time Authorization Statu You c
46. t mode maintained then settlement will happen using a PC transaction The system performs the following validations e For every product intermediary combination a liquidation reference number is generated The sequence is based on the product code The entries are passed when the INLQ event defined at the product level is triggered e lf the settlement mode of the intermediary is CASA settlement will be processed with the CASA both debit credit The corresponding debit credit advice will get generated for the intermediary based on the product set up and the netted amount If the netted amount to the intermediary is a credit credit advice will get generated If the netted amount is a debit debit advice will get generated e If the settlement mode of the intermediary is External Account the system will check for the following ae ORACLE gt If the transaction is a credit to the intermediary settlement will get processed using a PC transaction based on the maintenance at intermediary level and the category maintained at the intermediary branch level gt Ifthe transaction is a debit to the intermediary settlement will get processed using the settlement account branch maintained for the intermediary 5 2 1 Settlement of Commission Between Intermediaries 5 3 Oracle FLEXCUBE supports commission settlement between intermediaries in a hierarchical way The system computes the hierarchy amount payable to the parent intermed
47. tatement Start Date Specify the date from which the statement generation should begin based on the given frequency using the adjoining calendar Last Statement Date The system displays the date of last statement generation Next Statement Date Based on the statement generation parameters the system arrives at the next statement date and displays it here CASA If settlement needs to be done using an internal account CASA you need to specify the following details 3 20 ORACLE Settlement Branch Specify the branch code where the settlement needs to be done The adjoining option list displays all valid branch codes maintained in the system You can select the appropriate one Settlement Account Specify the account from which settlement needs to be done The adjoining option list displays all valid accounts available for the CIF You can select the appropriate one Input to this field is mandatory for both CASA and External modes of settlement External Account If settlement needs to be done using an external account you need to specify the following details External Account Name Specify the name of the external account External Account Number Specify the external account number External Bank Code Specify the bank code to which the external account belongs The adjoining option list displays all valid bank codes maintained in the system You can select the appropriate one 3 10 3 Products Tab Click
48. ter 2 Intermediary An Overview gives a snapshot of the features that the module provides Chapter 3 Generic Maintenances discusses the details that need to be maintained in order to process transactions requiring intermediary services Chapter 4 Setting up a Product chapter talks about defining the attributes specific to setting up an intermediary product Chapter 5 Operations talks about commission calculation for intermediaries Chapter 6 Annexure A Accounting Entries and Advices explains the types of accounting entries and advices generated for every event Hi ORACLE 1 1 3 Related Documents You may need to refer to any or all of the User Manuals while working on the Intermediary module Core Procedures Settlements Interest User Defined Retail Lending Leasing Mortgages 1 1 4 Glossary of Icons This User Manual may refer to all or some of the following icons x ee p ee st S ee 1 2 ORACLE Refer the Procedures User Manual for further details about the icons 1 3 ORACLE 2 1 2 Intermediary An Overview Introduction An intermediary is a third party who offers intermediation services between two trading parties From a software application perspective an intermediary acts as a middleware between the bank and the customer The bank may also contract an intermediary to market its funds thereby attracting the customers Intermediaries can avail the commission from the bank on e
49. ternal UDE Values Maintenance screen You can invoke this screen by typing INDUDEMT in the field at the top right corner of the Application tool bar and clicking the adjoining arrow button 4 External UDE Values Maintenance Intermediary Code UDE Effective Date Product Details 10f1 el road code ProductDeseripton A UDE Details 10f1 TIETE User Defined Element id UDE Currency UDE Type UDE Value LI Waker Date Time Mod No Checker Date Time Record Status Authorization Status Specify the following details Intermediary Code Specify the intermediary code for which you want to capture external UDE values The adjoining option list displays all valid intermediary codes maintained in the system You can choose the appropriate one UDE Effective Date Specify the date from which the UDE should be effective Product Details You can link products to the intermediary code 3 29 ORACLE Product Code Specify the intermediary product code for which you want to capture external UDE values The adjoining option list displays all valid intermediary product codes maintained in the system You can choose the appropriate one Product Description The system displays a brief description of the product UDE Details The system displays all rules linked to the specified product code Rule ID The system displays all rules linked to the product UDE ID Specify the external UDE ID that you want to attach to
50. the rule The adjoining option list displays all valid UDEs maintained in the system You can select the appropriate one UDE Currency The system displays the UDE currency based on the UDE ID However you can change it The adjoining option list displays all valid currency codes maintained in the system You can choose the appropriate one UDE Type The system displays the UDE type based on the UDE ID However you can change it Select the type of the UDE from the adjoining drop down list The options available here are e Number e Rate e Amount UDE Value Specify the external UDE value At the time of processing the system checks the UDE value for the corresponding product maintained in this screen for the maximum effective date falling between the last liquidation date and the calculation date If no value is maintained in this screen the UDE value will be considered as 0 3 12 1 Actions Allowed You can perform the following actions on a record 3 30 ORACLE e New e Delete e Unlock e Save e Auth Authorise e Reverse e Execute e Query Refer the Procedures User Manual for details about each action 3 13 Viewing External UDE Summary You can view details of all external UDEs through External UDE Value Maintenance Summary screen You can invoke this screen by typing INSUDEMT in the field at the top right corner of the Application tool bar and clicking the adjoining arrow button Summary _ A
51. tus e Branch Code e Process Till Capturing Intermediary SDE Details The following System Data Elements SDEs are available in the system 3 3 ORACLE Description Calculation method LOAN _COUNT This SDE returns the total number of Periodic loans created by a particular Intermediary LOAN DISBURSED AMT This SDE returns the sum of amount Periodic disbursed of all loans created by a particular Intermediary LOAN OVERDUE_AMT This SDE returns the sum of all overdue As of date amount i e sum of all overdue components i e PRINCIPAL INTEREST etc of all the loans created by a particular Intermediary LOAN OVERDUE PRINC This SDE returns the sum of the overdue As of date principal amount i e sum of PRINCIPAL of all the loans created by a particular Intermediary LOAN OUTSTAND_PRINC This SDE returns the sum of outstanding As of date principal of all the loans created by a particular Intermediary LOAN PREPAID AMT This SDE returns the sum of amount Periodic paid as pre payment on all loans created by a particular Intermediary LOAN_BOOKED_AMT This SDE returns the sum of amount Periodic booked on all loans created by a particular Intermediary LOAN COLLECTED AMT This SDE returns the sum of amount Periodic collected by the Intermediary for the current cycle of liquidation This is the actual amount collected and it excludes the amount paid and reversed in the current liquidation cycle LOAN COLL REV AMT This SDE returns the
52. uthorization Status Record Status Intermediary Code La UDE Effective Date JE 15 Hall dl1 Of 1 pllp Authorization Status Record Status intermediary Code UDE Effective Date ss x e You can query on records based on any or all of the following criteria e Authorization Status e Record Status e Intermediary Code e UDE Effective Date Click Search button The system identifies all records satisfying the specified criteria and displays the following details for each one of them 3 31 ORACLE Authorization Status Record Status Intermediary Code UDE Effective Date 3 32 ORACLE 4 1 4 2 4 Setting up a Product Introduction You can maintain a product and define specific attributes like rules for processing intermediary commission and also define settlement frequency for the same This product in turn can be linked to an intermediary Maintaining an Intermediary Product You can maintain a product and link it to lending transactions requiring an intermediary You can maintain an intermediary product using the Intermediary Product screen You can invoke this screen by typing INDPRMNT in the field at the top right corner of the Application tool bar and clicking the adjoining arrow button Intermediary Product Product Details Intermediary Product Code Product Description start Date End Date Remarks Maker Date Time Checker Date Time You can specify the following details
53. verse ORACLE e Execute e Query Refer the Procedures User Manual for details about each action 4 3 Viewing Product Summary You can view summary details of all products using the Intermediary Product Summary screen You can invoke this screen by typing INSPRMNT in the field at the top right corner of the Application tool bar and clicking the adjoining arrow button Summary Authorization Status Record Status Intermediary Product Code g Settlement Frequency Charge Back Unit 15 sell aal al OF 1 ply a Authorization Status Record Status Intermediary Product Code Settlement Frequency Charge Back Unit Ss lt You can query on records based on any or all of the following criteria e Authorization Status e Record Status e Intermediary Product Code e Settlement Frequency e Charge Back Unit Click Search button The system identifies all records satisfying the specified criteria and displays the following details for each one of them e Authorization Status e Record Status e Intermediary Product Code e Settlement Frequency 4 12 ORACLE 4 4 e Charge Back Unit Specifying UDE Values As you can recall you can link rules to a product A rule consists of System Data Elements and the User Data Elements You can maintain the values for the UDEs defined for the rule in the Internal UDE Value Maintenance screen You can invoke this screen by typing INDIUDVM in the field at the top right
54. very successful loan created through them An intermediary can be a single entity or a group The banks can follow hierarchical structure to group multiple intermediaries In case of multiple intermediaries the commission earned should be shared with all intermediaries who are part of the same hierarchical structure up to the specified levels This manual explains the processing of intermediaries in Oracle FLEXCUBE Using the Intermediary Service that Oracle FLEXCUBE provides you can e Capture and maintain the Intermediary hierarchy structure e Maintain commission plans and commission calculation for main loans and third party products such as insurances warranty contracts etc e Pay commission to the intermediaries as the loan is disbursed e Maintain charge backs in case of early pay offs and defaults e Generate Intermediary statements e Capture and maintain periodic billing and accounting You can process intermediaries in Oracle FLEXCUBE in the following manner e Maintain Intermediary details e Maintain intermediary rules e Maintain branch and currency restrictions e Capture Intermediary account details a ORACLE 3 General Maintenance 31 Introduction You need to maintain the following details in order to process transactions using intermediary services e Branch Parameters e Intermediary System Data Element SDE Details e Intermediary Rules e Intermediary Group e Intermediary Hierarchy e External UDE Valu
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