In Fairways Debt, once a transaction is created, only a user with relevant permissions can change the product structure by moving it back to the draft status.
All the events occurring during the term to maturity of the transactions can be managed by life cycle actions. A life cycle action is timestamped, so you can restore the transaction as it used to be before the event occurred, e.g. in Analysis and Reporting, you can analyze your positions at a past date.
Life cycle actions are not part of the booking workflow and are only available to users with relevant permissions to manage the transaction.
Life cycle actions include:
- Cancelation
- Deferments
- Extensions
- Indexation changes
- Limit updates
- Refinancing
- Repayments
- Terminations
Transaction Type \ Life Cycle Actions |
Cancelation |
Deferment |
Extension |
Indexation Change |
Limit Updates |
Refinancing |
Repayment |
Termination |
---|---|---|---|---|---|---|---|---|
Loan |
||||||||
CDC |
|
|
|
✓ |
✓ |
✓ |
|
|
Construction |
|
|
|
✓ |
|
|
✓ |
|
Municipal Commercial Paper |
|
|
|
|
|
|
✓ |
|
Ongoing |
✓ |
|
|
|
|
|
✓ |
|
PIK |
✓ | ✓ | ||||||
Standard |
|
✓ |
|
✓ |
|
✓ |
✓ |
|
Subsidy |
|
|
|
✓ |
|
|
✓ |
|
Derivative |
||||||||
Cap |
|
|
|
|
|
|
|
✓ |
Collar |
|
|
|
|
|
|
|
✓ |
Cross-Currency Swap |
|
|
|
✓ |
|
|
|
✓ |
Floor |
|
|
|
|
|
|
✓ |
|
Interest Rate Swap |
|
|
✓ |
✓ |
|
|
|
✓ |
Issuing Program |
||||||||
Certificate of Deposit |
|
|
|
|
✓ |
|
||
Facility |
||||||||
Cash Facility |
|
|
|
✓ |
✓ |
|
|
|
Credit Facility |
|
|
|
|
✓ |
|
|
|
Credit Facility Drawing |
|
|
|
✓ |
|
|
✓ |
|
Guarantee |
||||||||
Guarantee |
✓ |
|||||||
Lease |
||||||||
Lease |
|
✓ |
|
|
|
|
|
✓ |
Transaction Type \ Life Cycle Actions |
Cancelation |
Deferment |
Extension |
Indexation Change |
Limit Updates |
Refinancing |
Repayment |
Termination |