Deal agreement (TS AI can enter a loan suggestions)

Created by Elin Stenrud, Modified on Mon, 12 Jan at 11:58 AM by Elin Stenrud

Let TS AI enter a Loan, Deposit or IRS based on the agreement for you!

Add permission Register Deal Agreement to use this function and see the Widget.

An activity in the Autopilot per deal type needs to be set up before TS AI can start reading the agreements.

Open / Autopilot

Add activity

Deal Agreement

In category: Deal import

Under deal action, it is possible to drop your agreement in PDF or Word and let TS AI read the agreement and enter the deals for you. If you have received information from a bank or subsidiary via email, it is also possible to copy the information in the text box for TS AI to enter all the loan details.

Most languages are supported, and it is also possible to enter both external and internal loans or deposits. If the Counterparty, according to the agreement, is marked as internal in Master Data, it will be an internal loan with a mirror deal according to the rules.

Many different date formats are supported.

Open Deal action / Deal agreements

Drop the agreement in PDF or Word.

Or, select text, and a text box will appear. In this box, paste text describing the new loan terms.

Click on submit

Click on refresh

The Following fields are today supported to:

Legal entity

It will first check the Legal Name entered in the master data, and secondly the Name. If no Legal entity is found, it will select the Legal Name if it gets more than 75% match otherwise it will look at the mappings in the integration.

Counterparty

It will first check the Legal Name entered in the master data, and secondly, the Name. If no Counterparty is found, it will select the Counterparty if it gets more than 75% match, otherwise it will look at the mappings in the integration

Currency
Amount
Deal Date

Supports all date formats and dates written in text

Begin Date

Supports all date formats and dates written in text

End Date

Supports all date formats and dates written in text

Interest Type: Fixed or Floating Interest
Fixing Index
Fixing Period
First Fixing Roll Date
Spread Floating
Spread Fixed
Payment Period
First Payment Roll Date
Day Count Conventions

If the Day Count Convention is not found in the text, the day count convention for the currency will be set as a suggestion.

Date rolling behaviour

If the date rolling behaviour is not found Modified following will be suggested.

Adjust dates

If Adjust dates is not found, it will suggest adjusting both maturity and payment date.

Last day of period

If you need to add other advanced setting e.g. additional bank holidays or amortisation plans, you must do so manually before saving the deal.

The loan suggestion will be visible in the grid below.

If the status is green, the checkbox indicates that TS AI has found all the mandatory information to enter the loan. You only need to check the entered data and click save on the last step in the Wisard shown to the right.

If the icon shows yellow and a warning, then some mandatory information is missing. It is possible to hover over the exclamation mark to see the missing details. Verify all entered data and add the missing information and click save on the last step in the Wisard shown to the right.

If a loan agreement in PDF is dropped or uploaded, it will also be an attachment to the saved deal. See print screen below.

All deal suggestions entered by TS AI will be marked as AI at the top of the deal. It is also possible in selections to find these by selecting External Source AI.

Autopilot

It is possible to automise the import of Deals from deal agreement in pdf. Add an activity in the autopilot and choose a SFTP and set up an automatic transfer of all new loan agreements to thee SFTP.