Functional Specification Document

Disaggregation of Cash
Position Updates to a Third
Currency

Misys International Banking Systems

Table of Contents
DISAGGREGATION OF CASH POSITION UPDATES TO A THIRD CURRENCY..........................1
Table of Contents.....................................................................................................................................2
DISAGGREGATION OF CASH POSITION UPDATES TO A THIRD CURRENCY..................................................3
Introduction..............................................................................................................................................3
Modifications...........................................................................................................................................3
BFXC FX CASH POSITION UPDATE..................................................................................................... 4
Introduction..............................................................................................................................................4
Modifications...........................................................................................................................................4
Screen Layout...........................................................................................................................................6
Screen Fields............................................................................................................................................7
APPENDIX A: BBFT BATCH INFORMATION........................................................................................... 8
BBFT Parameters.....................................................................................................................................8

Misys International Banking Systems Disaggregation of Cash Position Updates to a

Third Currency
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Disaggregation of Cash Position Updates to a

Third Currency
Introduction
Thepurposeofthisenhancementistodescribethemodifications
neededtoBFXC,FXCashPositionUpdateprogram,toallowitto
disaggregatethecashpositionupdatesthatarecreatedintoathird,
nonbasecurrency.

Modifications
Thefollowingprogramswillbemodifiedforthisenhancement:
BFXCFXCashPositionUpdateprogramwillbemodifiedtoallow
cashpositionupdatestobedisaggregatedtoathirdcurrency.

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Third Currency
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BFXC FX Cash Position Update

Introduction
TheBFXC,FXCashPositionUpdatebatchtaskisusedtoupdatethe
foreignexchangetradercurrencypairpositionusingalldebit/credit
amountsfortheforeignexchangecashgeneralledgeraccountcreated
fromjournalentriesoraccountingtasksthatdonotdirectlyupdate
traderposition.
TheBFXC,FXCashPositionUpdatetaskisruninthenightlybatch

Modifications
BFXCwillbemodifiedtoincludeanewtextboxthatwillallowthe
usertospecifyacurrencywithwhichBFXCwilldisaggregatethecash
position.
Whenacurrencyisentered,BFXCwilldothefollowing

Useexistinglogictocalculatetheforeigncurrencyagainst
basecurrencyposition.

RetrievetheSpotRevaluationRatesfromtheREVPtable

Calculatetherateforeachcurrencyagainstthatspecifiedon
theBFXCdisaggregatecurrencyfieldusingthespot
revaluationrates.

Calculatethedisaggregateamountsandcreatetheposition
updatesforeachdisaggregatecurrencypairusingthe
correspondingCashPositiontrader,portfolioandcostcenter
ontheCCYPtable.

ForExample
ThefollowingACUPrecordsarepostedtotheFXCashgeneralledger
B
R

PRODUC
T

TYPE

DEALN
O

SE
Q

CCY

BEIND

POSTDATE

EFFDATE

DRCRIN
D

AMOUNT

01

GENLED

JE

123544

GBP

02Jul2001

02Jul2001

DR

125,000.00

01

GENLED

JE

123544

GBP

02Jul2001

02Jul2001

CR

347,367.11

BaseCurrency=AUD
DisaggregatecurrencyinputintoBFXC=USD
GBPSpotRevaluationRate=2.778543
USDSpotRevaluationRate=0.5080

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CCYPRecordsarepresentfor
CCY1

CCY2

CashTrader

Cash
Portfolio

CashCost
Center

GBP

AUD

TRAD1

PORT1

1000

GBP

USD

TRAD2

PORT2

1000

AUD

USD

TRAD3

PORT3

1000

Normally,whenthecheckboxUseImpliedSpotRatefromACUPs
ischeckedthenBFXCcalculatestheconversionratetousefromthe
currencyamountagainstthebaseequivalent.Inthisexample,BFXC
wouldproducethefollowingCPPRupdate
CCY
1

CCY
2

TRAD

PORT

COS
T

VDATE

CCY1AMT

CCY2AMT

ImpliedRate

AUD

GBP

TRAD
1

PORT1

1000

3Jul2001

347,367.11

125,000

2.77893688

However,theuserhasspecifiedadisaggregatecurrencyofUSD.
InsteadofpostingjusttheAUD/GBPpositionasaboveBFXCwill
nowcalculateandpostaAUD/USD,CPPR.CCY1against
disaggregationcurrency,andaGBP/USDposition,CPPR.CCY2
againstdisaggregation
TheAUD/USD(CCY1againstDisaggregationcurrency)rateis
calculatedusingthespotrevaluationratesfromtheREVPtable.
AUD/USDrate=0.5080
TheGBP/USD(CCY2againstDisaggregationcurrency)rateis
calculatedusingtheAUD/USDandAUD/GBPrates,so
GBP/USDrate

=GBP/AUDxAUD/USD
=2.77893688x0.5080=1.41169993504

BFXCwillalwaysusetheREVPratetocalculatethebasecurrency
againstthedisaggregationcurrencywhetherthebaseisCCY1or
CCY2.BFXCwillthenusethatrateinconjunctionwiththerateused
fortheforeigncurrencyagainstbasecurrencytocalculatetheforeign
currencyagainstdisaggregationcurrencyrate.

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Third Currency
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ThefollowingupdatesaremadetotheCPPR
CCY1

CCY2

TRAD

PORT

COST

VDATE

CCY1AMT

CCY2AMT

ImpliedRate

AUD

GBP

TRAD1

PORT1

1000

3Jul2001

347,367.11

125,000.00

2.778937

AUD

GBP

TRAD1

PORT1

1000

3Jul2001

347,367.11

125,000.00

2.778937

AUD

USD

TRAD3

PORT3

1000

3Jul2001

347,367.11

176,462.49

0.5080

GBP

USD

TRAD2

PORT2

1000

3Jul2001

125,000.00

176,462.49

1.41169993504

Thetrader,portfolioandcostcenterthatBFXCpoststoarethosefrom
theCCYPofthedisaggregatecurrencypairnotthecurrencyagainst
basepair.
WhenthecheckboxUseImpliedSpotRatefromACUPsisnot
checkedthenBFXCusestheREVPspotrateforthecurrencyagainst
base,thiswillnotchange.However,BFXCwillnowusethatrateto
calculatetherateforthebaseagainstdisaggregatecurrency.

Screen Layout

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Third Currency
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Screen Fields
Disagg CCY
Optional,3characters
Thethirdcurrencytowhichallcashupdatesaredisaggregated.Ifleft
blankorifsettothebasecurrencythennodisaggregationwilloccur,
allpositionswillbepostedasforeigncurrencyagainstbasecurrency.

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Third Currency
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Appendix A: BBFT Batch Information

BBFT Parameters
TheBFXCBBFTparameterwillbemodifiedtoread
Parameter

Description

Example

Branch

01

Useimpliedspotrate
fromACUPs
(checkbox)

0or1

CreateOffsetTRPD
Records(checkbox)

0or1

Disaggregation
currency

GBP

Thebatchstringmaybedisplayedasfollows:
01,1,1,GBP

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