What is changing?
The Renewals report is being enhanced with more information on upcoming LOC renewals.
Location: Data Library
New Fields:
| New Field Name | Data Type | Description |
| Average Balance | double | 12-month time-weighted rolling average balance for the account, based on the balance field provided in RA |
| Utilization | double | Average Balance divided by the Commitment |
| Risk Rating | string | Risk rating associated with the account |
| Facility Rating | string | Facility rating associated with the account |
| Fees Annual Dollars | double | Annual value of fees on the account |
| Fees Initial Dollars | double | Full unamortized amount of origination fees |
| Unused LOC Fees | double | The unused LOC fee expressed as a percent |
Why is it changing?
These columns provide more details about the LOC account that is up for renewal and allow the renewals skill to prefill more fields on a renewal opportunity.
Which datasets are impacted?
- Renewals
How does my bank need to prepare for these changes?
The addition of these columns will not affect any existing pipelines. The additional columns may be used after the release and will be integrated into the renewals skill
When are these changes happening?
These changes went into effect on Monday, 16th of October 2023.