Running the Deal (Recurring)

Running the Deal (Recurring)

Execute monthly deal calculations after loan processing is committed


This section explains how to execute the monthly deal calculation after loan processing has been completed and committed for the selected payment period.


Overview


The Recurring module represents the execution phase of the monthly deal cycle. During this step, the platform uses the deal configuration defined during Deal Creation along with the loan data committed during Loan Processing to calculate payment distributions, evaluate tests, and generate official results for the period. This stage is where the deal logic is applied to finalized loan data.


Prerequisites


Before running the recurring calculation, ensure the following steps are complete:


Deal Creation setup is fully configured.
Loan Processing data has been summarized and committed to the Digital Ledger for the selected payment period.


If either of these steps is incomplete, the recurring calculation cannot be executed.


Accessing the Recurring Module


To access the Recurring view:


Navigate to the Credit Facility Dashboard - Active Facilities.
Click Run Calculation for that particular facility.


Reviewing Data in the Recurring View


Before running the calculation, users can review data across multiple tabs, including:


General – Deal-level details for the selected period.
Facilities – Period-specific tranche values used in calculations.
Fees and Expenses – Amounts applicable for the payment period.
Accounts – Opening balances and account structure.
Triggers and Calculations – Logic and rules evaluated during calculation.


Some values may be editable prior to calculation, depending on the deal configuration.


Running the Calculation


Once all data has been reviewed:


Click Calculate Payments.


The platform then performs the following actions:


Evaluates all expressions and rules.
Applies the payment waterfall.
Executes compliance and eligibility tests.
Calculates final balances and distributions.


All tables are updated with computed values for the selected payment period.


Results and Outputs


After the calculation is complete:


The Calculate Payments button is disabled.
The results represent the official deal outputs for the payment period.
Calculated values become available for reporting.
Outputs are stored for audit and future reference.


At this stage, the monthly deal cycle is considered complete.


Re-running the Deal (If Corrections Are Needed)


If an issue is identified after calculation:


Click Edit and navigate back to Deal Creation.
Update the relevant setup or expressions.
Save the changes.
Return to the Recurring module.
Click Calculate Payments again.


This allows corrected logic to be applied before final reporting.


Important Notes


Recurring calculations are performed separately for each payment period.
Calculations rely only on loan data that has been committed.
Changes to deal setup affect future calculations unless the deal is recalculated for the same period.



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