A.4 Black Book Interface
The system performs collateral valuation for all the active accounts at a set frequency. However, valuation is not performed for collaterals with account status <ACTIVE> and Asset Status <ACTIVE> and <PRIMARY>.
The source for the above valuation is Black book or any other Collateral Evaluator agency. These valuation details are stored for each collateral in Collateral tables. If an account has multiple collaterals, then the valuation details must be stored for each collateral.
You can run BLACK BOOK INTERFACE batch to perform valuation for active accounts and active collaterals. This batch job performs the following:
- Validates for current valuation in the Black Book interface tables and gets the latest valuation.
- After getting the valuation updates the collateral valuation with source as Source setup.
- Loads Black Book values.
The system date is saved as Valuation Date along with other valuation details during batch run. Once the batch is run, black book values will load process to Oracle Valuation section.
Parent topic: Appendix : Transaction Parameters