Improvements
- Added the following new Product propagation options for Index Adjustments, which are available for Commercial Loan products for clients using the Index Adjustment feature:
- Libor
- Prime
- Treasury
- Federal Funds
- Term SOFR
- SOFR
- SONIA
- Ameribor
- Ameribor-Overnight
- Added Average Equity to the Scenario Comparison printout.
- Added text entered in the Description text box for Other products to the Other Accounts section of the Borrower Summary and Full Opportunity printouts.
- Added support for selecting the default auto index if the index is as close in duration to 0 as the other available indices. This change is applicable to Floating and Adjustable Rate Type loans. This impacts all clients using the Auto Index feature.
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Added the ability for clients to set LCR based on Product, Client type (counterparty), and Tenor. This enhancement provides a more prescriptive approach to calculating the Unfunded Liquidity Premium in comparison to the Unused Line Opportunity Cost Option which is currently available at the region level.
If a product is configured with the new LCR assumptions, the system will ignore the Unused Line Opportunity Cost Option at the region level when calculating the Unfunded Liquidity Premium. Conversely, if a product is not configured to use the new LCR assumptions, the system will continue to use the regional setting.
Bug Fixes
- Fixed an issue where loans products could not be sent to a CRM and a LOS system in the same browser session when both settings used the product mapper.