Professional Documents
Culture Documents
Introduction to T24
Arrangement Architecture
Agenda
3
1. Learning Objectives
3. Product Organisation
4. Building Blocks
5. Navigation
6. Arrangement
7. Activities in Arrangements
8. Simulation
3
Product Designing & Servicing
4
Accounts Mortgages
Product Definition
Product Definition
Product Servicing
Product Servicing
Reusability is limited
Innovation is difficult
6
T24 – Past, till Arrangement Architecture
5
AC MG
MG.PARAMETER, MG.TXN.TYPE.CONDITION
Group Condition Tables
MG.MORTGAGES
ACCOUNT
MM/LD AZ
LMM.INSTALL.CONDS/ D.TXN.TYPE.CONDITIONS AZ.PRODUCT.PARAMETER
MM.MONEY.MARKET/ LD.LOANS.AND.DEPOSITS AZ.ACCOUNT
7
An Alternative Approach
6
Payment Schedule Payment Schedule Payment Schedule Payment Schedule Payment Schedule Payment Schedule
Attributes Actions Attributes Actions Attributes Actions Attributes Actions Attributes Actions Attributes Actions
Limit Limit
Attributes Actions Attributes Actions
8
Components act Transversally
7
Limit Limit
Attributes Actions Attributes Actions
9
Product Designing & Servicing - AA
8
Product Components
Customer Officer Limit Account Accounting
Attributes Actions Attributes Actions Attributes Actions Attributes Actions Attributes Actions
Activity Restriction Activity Mapping Activity Presentation Activity Messaging Activity API
ATTRIBUTES
Attributes Actions Attributes ACTIONS
Actions Attributes Actions Attributes Actions Attributes Actions
Interest
•Day Basis Charge
•Capitalise Activity Charge Payout Rules Tax
Attributes Actions Attributes Actions Attributes Actions Attributes Actions Attributes Actions
•Accrue Method •Reset
Change Product Closure Alerts Settlement Periodic Charges
……etc
Attributes Actions
. Attributes
.......etc
Actions Attributes Actions Attributes Actions Attributes Actions
User Activities are constructed by linking Actions from multiple components
Availability Interest Compensation Bundle Eligibility Preferential Pricing
Attributes Actions Attributes Actions Attributes Actions Attributes Actions Attributes Actions
10
Product Building – Components to Product Lines
9
Product Components
Activity Restriction Activity Mapping Activity Presentation Activity Messaging Activity API
Attributes Actions Attributes Actions Attributes Actions Attributes Actions Attributes Actions
Pricing Rules
Attributes Actions
11
Financial Products
10
Product Line (Lending)
Product Groups
10 Year Sole
Fixed
Product Derivatives
Trader
Base Rate
Tracker
Floating
Arrangement Architecture
12
Agenda
11
1. Learning Objectives
3. Product Organisation
4. Building Blocks
5. Navigation
6. Arrangement
7. Activities in Arrangements
8. Simulation
13
Property Class
12
Wheels Interest
12
Properties vs Property Classes
13
Users can create new property from Temenos created Property class
Front
Type = Radial Principal Type = Fixed
Wheel
Radius = 7” Interest Rate = 5%
Wheel Interest
Rear
Wheel Type = Radial Penalty Type = Fixed
Radius = 8” Interest Rate = 6%
15
Product Conditions
14
Interest
Interest Type Fixed
(attribute) (value)
Rate 5
(attribute) (value)
Other attributes Their values
14
Product Lines and Property Classes
15
PRODUCT LINE
15
Product Line - Product Groups - Products
16
Loan Product
Line
Business
Mortgage Loan
Product Product
Group Group
Working
Annuity Linear
Term Loan Capital
Mortgage Mortgage
Loan
16
Proofing and Publishing Products
17
Product Management
Proof
Create Product Proofed Publish Product
Designer Products Catalog
Fix
Modify
19
Building Blocks
18
20
Agenda
19
1. Learning Objectives
3. Product Organisation
4. Building Blocks
5. Navigation
6. Arrangement
7. Activities in Arrangements
8. Simulation
21
AA Product builder - Navigation
20
Understand
these icons
20
Workshop
21
23
Product Definition - Summary
22
TEMENOS Maintained
Property Class
Product Line Property Class Attributes
Named types of
Sub set of
User Definable
All share a common set of attributes
24
Agenda
23
1. Learning Objectives
3. Product Organisation
4. Building Blocks
5. Navigation
6. Arrangement
7. Activities in Arrangements
8. Simulation
25
Products and Arrangements
24
Customer Product
Arrangement
24
Arrangements
25
Customer Product
Currency
Agreement Date Arrangement
Account
Arrangement
Condition
28
AA Navigation – Creating an Arrangement
27
The various
Properties in
the Product
Enter
values
as
required
Schedule is
defaulted as
once every
month. From
where are
these values
obtained?
29
AA Navigation – Creating an Arrangement
28
30
AA Navigation – Creating an Arrangement
29
31
AA Navigation – Creating an Arrangement
30
32
Workshop - Create an Deposits Arrangement
31
Menu Navigation
Use User Menu > Product Catalog > Deposits > Term
Deposits > Short Term Deposit
Instructions
33
Solution
32
34
Solution
33
35
Solution
34
36
Agenda
35
1. Learning Objectives
3. Product Organisation
4. Building Blocks
5. Navigation
6. Arrangement
7. Activities in Arrangements
8. Simulation
37
Activities in Arrangements
36
Activities act on Arrangements - both online and during COB – stored in AA.ACTIVITY.HISTORY
38
Activities in Arrangements
37
39
Activities in Arrangements
38
40
Workshop - Activity
39
Instructions
41
Solution
40
42
Solution
41
43
Solution
42
44
Reverse and Replay – Effective Dated Processing
43
Reverses all related activities backwards from today to back valued date
43
Reverse and Replay – Effective Dated Processing
44
ARRANGEMENT
1st Jan 500T 500T
CREATION
Increase
31st Jan 50T 550T
commitment
Decrease
15th Feb 100T 450T
commitment
44
Reverse – Effective Dated Reversal for back valued increase
45
Transaction Transaction
Transaction Commitment Balance
Date Amount
ARRANGEMENT
1st Jan 500T 500T
CREATION
Back valued
15th Jan 150T
increase
Increase 50T
31st Jan 500T
commitment Reversed
Decrease 100T
15th Feb 550T
commitment Reversed
45
Replay – Effective Dated Reversal for back valued increase
46
Transaction Transaction
Transaction Commitment Balance
Date Amount
ARRANGEMENT
1st Jan 500T 500T
CREATION
Back valued
15th Jan 150T 650T
increase
Increase 50T
31st Jan 700T
commitment Replayed
Decrease 100T
15th Feb 600T
commitment Replayed
Today
Position - 600T
20th Feb
46
Agenda
47
1. Learning Objectives
3. Product Organisation
4. Building Blocks
5. Navigation
6. Arrangement
7. Activities in Arrangements
8. Simulation
49
Simulation - Overview
48
48
Quiz
49
Do you know???
51
What Did We Learn?
50
Conclusion
Product Organization in AA
Building Blocks of AA
Navigation in AA
Arrangement
Activities
Simulation
52