The participant messages are highly configurable. Depending on a participant’s
specific needs, it may be desirable to change the amount of detail a message
includes. It may also, for instance, be helpful to include a second currency
in the message, or to attach a second copy in a machine-readable format
such as EDIFACT or CSV. Below are listed some of the possible message
options.
| Configurable
order of transactions |
Each participant
can specify the order in which the transactions appear in the messages. |
| Inclusion
of invoice details |
Each participant
can optionally have invoice information generated in a variety of
formats (in the message, CSV, EDIFACT, etc.). |
| Optional
inclusion of flow comments |
If more detail is required, a longer version of the message can
be generated that includes the invoice comment field.
|
| Optional
inclusion of Attn details |
The corporate may
want to include the counterparty’s contact information in the message.
|
| Optional
inclusion of forward contract details |
The amount of detail
in the forward contract section of the message can be configured.
|
| Optional
inclusion of savings analysis |
An analysis report
of savings due to netting can be included in the message. |
| Format
flexibility |
Participants can
be set up to receive their information by e-mail, fax or file. |
| Custom
headers and footers |
Additional headers
and footers can be included. These can include macro field substitutions
and can be used for anything from including headers for legacy e-mail
systems to seasons greetings. |
| Full
MAPI compliance for automatic link to any MAPI e-mail program with
optional use of address book |
If the corporate
e-mail system is MAPI compliant (a Windows standard for messaging),
then the system can seamlessly perform the sending of messages through
the system. MAPI compliant systems include Lotus Notes, Microsoft
Outlook, Microsoft Exchange, GroupWise and most others. |
| Optional
generation of SWIFT payment files for pools |
Pool messages are
also configurable and include most of the options for normal participants.
The pool can also have the Netting Centre generate payment instructions
for its payments in text or SWIFT format. |
| Preview
and print messages from within the application |
All messages, reports,
deal confirmations and payment instructions can be easily viewed from
a preview screen. These messages are kept up-to-date by forcing recalculations
when necessary. |
| Inclusion
of complete payment instructions with final messages |
Final messages include
complete payment information taken from the participant’s bank instruction
information. The Netting Centre is informed if any of this information
is missing so that no incorrect information is sent. |
| Possibility
of multiple payment instructions per currency (ranking) |
It is possible for
participants to include multiple payment instructions per currency.
This allows more flexibility with regards to the destination account
of receipts. |
