FAQs

 

How is a Calypso Margin Call Contract mapped to an Acadia Agreement?

An Identifier should be used which is unique. If there is no identifier, the system looks for an AmpId. If an AmpId is shared, the system looks for a call type or role to determine the mapping.

 

What happens if the Counterparty pledges a security that is not known in Calypso?

An EX_ACADIA_ERROR exception is raised in the Task Station

 

What happens if the Counterparty pledges non-eligible collateral?

In the Category column in the Allocation panel, it will display as ineligible. The user can then accept or reject. An error also appears in the Task Station.

 

What happens if an unknown Counterparty lodges a Margin Call?

The system will automatically reject if the system cannot recognize the AmpId.

 

What if there is a discrepancy in the Valuation Date?

If the Valuation Date calculated by Calypso is not the same as the Acadia valuation, an error is logged and there is an attribute on the entry called MC_ATTRIBUTE_DISPCREPANCY_VALDATE. This is not a blocker for Calypso, however.

 

If a dispute is resolved, is it also reflected in Calypso messaging?

If a dispute is resolved, the entry moves from Dispute to Dispute Cancel and back to a Received or Created status.

 

Is it possible in Calypso to attach a document with Acadia messaging?

Acadia has a feature of attaching any report/statement as part of messaging to the Counterparty. But, Calypso does not support this. However, it is possible to send a notification to the Counterparty using Collateral Manager.

 

Which product code can be used when sending or receiving a pledge?

Any product code can be received (ISIN, CUSIP).

When sending a pledge, only ISIN can be used.

 

What is the difference between statuses CREATE/CREATED and CANCEL/CANCELLED?

Based on the default setup:

In the CREATE and CANCEL status, no message is generated.

In the CREATED and CANCELLED status, messages are generated.

 

What information is imported from Acadia messages?

•

Cpty MTM

•

Cpty Amount

•

Cpty Return Amount (CreateMarginCall message only)

•

Cpty Delivery Amount (CreateMarginCall message only)

 

Is anything NOT supported in the Calypso Acadia functionality?

Not supported are Acadia option separate call per currency and Substitution functionality (not an exhaustive list).

 

What happens if there is a discrepancy in the valuation date?

If the valuation date calculated by Calypso is not the same as the AcadiaSoft valuation date, an error is logged and the AMP_DISCREPANCY_VALDATE attribute appears on the entry.

This attribute is empty if the Calypso and AcadiaSoft valuation dates are the same. If the valuation dates are different, the valuation date from the incoming message is displayed in the attribute.