Valuation Elements

Description

The valuation elements initiate the valuation functionality. A valuation will be run for a policy prior to the activity being processed. The valuation information can be used during activity processing.

Valuation Element

If included, the valuation engine will be called and a record is written to AsValuation. The values will be PRIOR to the activity processing. This element should be included if the Assignment element is included.

Element/Tag	Definition	Attribute	Element/Attribute Value and Description
<Valuation>	This is the start and end element for the transaction.	EFFECTIVEDATE POLICYVALUES	String: As of date for valuation. Overrides the date set in the EffectiveDate tag. Yes or No: If Yes, applicable PolicyValues business rule will be run in conjunction with Valuation processing. If not configured and rule is present then PolicyValues will run. Default is Yes.
<EffectiveDateNUVMustExist>			Yes: NUVs as of the activity effective date must be present in order for the transaction to process. No: Product only contains fixed funds.
<SystemDateNUVMustExist>			Yes: NUVs as of the system effective date must be present in order for the transaction to process. No: Product only contains fixed funds.

XML Example

</Valuation>

</Valuation>