Swaption

The module is an upgrade of the interest rate swaps module (it retains the functionality of the module regarding the input and use of the amortization schedule).

Software support enables:

  • buying and selling of option,
  • swaption type: Call or Put,
  • contracting of transactions with banks or legal persons,
  • input and bookkeeping of contract premium,
  • input and authorization of execution (possibility of four eyes control),
  • authorization of master data (possibility of four eyes control),
  • settlement supported by direct bookkeeping into current account transactions (execution and settlement of premium) through domestic payment transactions; for other cases reconciliation of claims and liabilities with bookkeeping into / from transitional account is enabled,
  • bookkeeping of exchange rate differences for transactions in foreign currencies and transactions with a currency clause,
  • monthly evaluation at a fair value is executed outside of HIBIS,
  • only evaluation values are inputted into the latter,
  • automatic bookkeeping of business events within daily processing.