1. Release Notes
  2. Release Notes
  3. Release Enhancements
  4. Functional Features

1.2.1 Functional Features

This topic provides the information about the various functional features added in this release.

CAMT Message Related Changes

  • Application has been enhanced to support processing the following tags for incoming Camt052 and Camt053
    1. CLAV / CLBD (Closing Available/ Booked)
    2. OPAV/ OPBD (Opening Available/ Booked)
    3. ITAV/ ITBD (Interim Available/Booked)
    4. Entry tags- Transaction entries(Ntry), Total Debit(TtlDbtNtries), Total Credits(TtlCdtNtries), Total Net entry(TtlNetNtry)

Option to Enable/ Disable Back Value Dated Sweep and Back Value Dated Pool

At the Application and Structure level the below new fields are introduced:
  • Adjust Sweep for Back Value Dated Transaction field with below options are provided:
    • Only on Back Value date- System would check and perform sweeps for back value dated transactions only on the value date of the transaction
    • All days from Back value date- System would check and perform sweeps for back value dated transaction on the value date of the transaction and also on the subsequent days if there is any impact on the balances for the subsequent days.
  • Re-compute Pool for Value Dated transaction field toggle is available to recalculate the interest for BVT transaction.

Booking account

  • User can specify the account to which the interest needs to be credited by specifying the booking account. The interest would henceforth be credited to the interest booking account instead of the calculated account. This is applicable for both pool and individual account interests.
  • The following new fields have been added in the ‘Create Account Parameters’ screen for Booking Account:
    • Interest Booking Account
    • Booking Account Currency
    • Booking Account branch

Parent topic: Release Enhancements