Setting Up Strategies
What is the target timeline for moving clients over to strategies?
12/31/2019
How do you perform a triple regression under strategies?
Multiple assessments strategy
Can strategies be applied to multiple trades at a time?
Yes, but trades must be grouped by strategy
Your client executed an FX forward with mismatches, will the strategy build your hypo and restrike?
Yes
If you apply a strategy to a trade, can you edit the treatment after it is applied?
Yes, you can edit in treatment management
Can you create a new strategy?
No, only Accounting Support can create strategies
Does strategies support running more than one regression each period?
Yes
If you apply a strategy and select run inception again, will the initial treatment remain or be deleted?
The initial treatment will be deleted
Your client executed an IR trade with mismatches, will the strategy build your hypo and restrike?
No, you will have to build the hypo in compass first
What should you do if you get an error message when applying a strategy?
Send message to Accounting Support outlining what you need done
When will the technology team stop taking feedback on strategies in order to start working on new projects?
12/31/2019
If your treatment has multiple regressions running every period, will you get entries if one of the non-best estimate regressions fail?
No, entries are only generated if all regressions pass
What will the inception workflow use to create the inception value?
Economics panel premium amount or 0
If you have FX policies that include Portfolio 1 and 2 fields,how will those fields get set after the transition to strategies
Trade tags, separate fields in transaction loaders
How should you run an HDM for a new trade?
If the HDM is not attached to the strategy you are using, run the HDM workflow (select trade>take action> run HDM)
Do you have to implement all of your clients onto strategies at the same time?
No
If you de-designate a trade that was previously amortizing inception excluded components, do you need to manually adjust the P&L schedule from the original treatment?
Yes, if you don't manually adjust the P&L schedule on the original trade, the entries will continue to book
What will the de-designation/re-designation workflow use to create your inception value?
EOD value as of the day prior to the new treatment start date
Will a strategy create a loan for a fair value hedge?
No, loans must be created in compass first
What ChathamDirect page indicates if a strategy was successfully applied to a trade?
JE/ET workflow page
What functionalities are strategies replacing?
1. Run inception
2.Terminate and create new
3. Triple Regression
If you use copy treatment and your original treatment had P&L schedules, will your new treatment be set up correctly?
No, Accounting Support needs to delete the P&L schedule from the original treatment, otherwise there will be a P&L schedule on the original treatment and the newly copied treatment.
Will a strategy automatically set up P&L method amortization for inception excluded components/inception premium?
Yes, if you have a P&L template linked to the strategy being used, a amortization schedule will be set up automatically
What ChathamDirect functionality should you use to set up a new best estimate?
Copy treatment
Can you apply a strategy without linking a hypo?
No, if a hypo is required for assessment, a hypo must be linked