Resolve Pending Authorizations in Reference Data Center
Notification for pending authorizations is displayed as an exception on the Securities Summary screen in the Reference Desk. The Securities Summary pane has two columns which are used to filter and search for all securities for their authorization status:
Needs Authorization. Displays one of the following two possible statuses:
Authorization Pending. This indicates whether the security contains one or more pending authorizations at the field level, security level, or both.
Nothing Pending. This indicates that there are no pending authorizations for the security either at the field level or the security level.
Has Rejections. This indicates whether the security's Authorization Pending status was rejected by the approver or not.
During a typical business case scenario, it is possible that the security has an Authorization Pending status for the most recent record that requires an approval (or rejection), and also has a past authorization that has already been rejected. It is important to look at the Needs Authorization and Has Rejections columns together to determine the appropriate workflow steps for resolution.
Once you highlight a particular security in the Security pane, the Exception pane lists the pending authorizations along with the field name, date and error message.