PAM
Can MetLife IT make modifications to the PAM code?
No.
(MetLife can not make changes to the core PAM application code. The code is managed by SSGS.)
True or False: The usage of a Web API interface with PAM was introduced as a part of the Bank Loan Project?
TRUE
What are the 3 types of closes in PAM?
- Cash(also called Bank Close) [Daily]
- Transaction [Daily]
- Valuation [Monthly]
Which happens first a solicitation request or a transfer request?
A solicitation request
SABOR relies heavily on what technology to move data around?
SSIS
How do users connect to the PAM application?
Via Citrix desktop.
(There are 5 Citrix servers in the pool which load balances users for optimal performance.)
Within the structure of a Bank Loan, which is at a higher level a Facility or a Contract?
Facility
What major outbound is produced from the positions data in the PODS database?
SecPos
Does Tebow generate the accounting for a securities transfer?
No.
(PAM generates the accounting for securities transfers via CLIP, and TEBOW consumes the CLIP accounting data to update the inventory.)
What is the difference between the SABOR jobs that end in _P versus _C?
_P is for prior period
_C is for current period
What are 3 ways data can be entered/loaded into PAM?
- PFI GUI [based on permissions]
- PAM import module [MT950 and JSON messages]
- PIPE(MetLife Import module)
[Trades, SMF, Prices, Ratings, etc.]
What term is used to describe the portion of the loan that has been lended out?
Funded Amount
What are the 3 major steps in the CLIP process?
- Pre (loading raw PAM journals into table)
- Enrichment (getting additional informaiton not
included in journals needed for creating PS entries)
- Post (applying reclass rules, format PS entries).
What type of Asset Transfer is between two portfolios with in the same company or legal entity?
INTRA company transfers
The SABOR BalRec process reconciles data between PAM and what other system.
PeopleSoft
What are the 2 types of messages we currently load using PAM Import Module, not the MetLife Import Module (PIPE)?
Resi. Mortgage activity (JSON) and MT950 cash (SWIFT)
What term is used to describe the total amount of the loan that can be borrowed?
Commitment or Loan Commitment
In the PODS database, what are the two styles of work tables, which dictate how the data is loaded into those tables?
SCD & Non-SCD
(SCD: Slowly Changing Dimension)
Securities transfers are executed directly in PAM, but what how are mortgage transfers executed?
Tebow calls the Mortgage web service.
The SABOR AssetRec process sends PAM data and custodian bank data to what system for reconciliation?
PAM for Recon
(Managed by the data team not our team)