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Status Unlikely to implement
Categories Requests
Created by Murali Krishnan Kuppusamy Hariharan
Created on Jun 20, 2024

RELATED IDEAS

Deal - Audits is not reporting the actions/details at the cashflow level, but only at the deal level

Using the Deal – Audits module/functionality, we could get the Deal level audit information like EFT ACK, NACK, Settlement approval status etc.

But how can we differentiate and get the Cashflow level audit information?

For example, if there is a Money Market deal producing 2 cashflows on a day – for Coupon and Repay Principal.

Both could be actioned separately, approved separately and processed separately with different timestamp and statuses.

While in the Deal – Audits, it shows all the actions, but it is only reported at the Deal level and not at the cashflow level.

There is no separate cashflow number present in the Deal – Audits to provide that information.

Our requirement is to generate a report based on individual cashflows and to provide the audit details of each cashflows.

Since the Deal audits do not have the cashflow number associated with it, it seems to be not possible for us to achieve this at the cashflow level, but only at the deal level.

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  • Admin
    Suzanne Cooke
    Reply
    |     Jul 22, 2024

    Given the business case

    The business case is to create a report, which would have all the intra-day cashflow information along with their indiv workflow status. This is required to know the exact position for payments throttling.

    Though this information is available in the Settlements module, there was no way to pull this information in our custom Report builds. The only way to pull the audits for the custom reports seems to be from the "Deal Audits" which has this limitation.

    Unlikely we can consider the suggested enhancement, changing the behavior of Deal - Audits as it is not reporting the actions/details at the cashflow level, but only at the deal level.

    Potentially we could look at including lifecycle details somehow on the cashflow reports.

  • Admin
    Suzanne Cooke
    Reply
    |     Jun 26, 2024

    The deal audit is designed to audit from a deal level perspective.

    Typically, you would do exception handling and follow cashflow eft status using the Settlements module. Here the latest EFT ACK/NACK status is recorded in the Pay/Rec. column.
    The ACK/NACK status is at a message level; and given that a particular deal cashflow can be associated with more than one message; all related messages can be viewed in the EFT Messages module. It is not something that we can consider including in the deal audit information.

    It would be interesting to know the business case behind this requirement - it is not something we have really been asked for before.


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