This page describes part 5 of 5 in the fund of funds allocation process. The process includes 1) creating fund of funds processing ID, 2) retrieving staging data, 3) calculating cash flow, 4) calculating fund of funds allocations, and 5) generating pending trades.
In the fifth part of the fund of funds allocation process, the system creates pending trades as the end result of the fund of funds allocation process. Pending transactions require further evaluation prior to processing by the STAR accounting engine.
After the system generates pending trades during the fund of funds allocation process:
- You can review the pending trades created by selecting a value of FOF_ALLOCATION for the Trade status field (tag 3720). For more information, see List Pending Trades for Fund of Funds Allocations.
- You can review the pending trades' loopbacks in the Global Processes workspace. For more information, see View Loopbacks for Fund of Funds Pending Trades.
- You can then evaluate pending transactions, update them as needed, and, optionally, manually release them for processing by the STAR accounting engine. For general information about working with pending transactions, see Manage Pending Trades.
Be aware that when you work with pending transactions generated by Eagle's fund of funds allocation process, you do not need to enable the Pending Trade Eligible Indicator field at the entity level and you do not need to create pending trade rules Those options are used in scenarios where the system pends transactions received from upstream systems and you define the criteria used to pend transactions.
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