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MathStatement

Description

A MathStatement is a type of hybrid function that can be used to find last known fund prices or the next exchange date fund price when calculating valuation units and amounts to write during assignment processing.

The FindNextExchangeDatePricing function will allow the system to look backwards to get the last known prices and dates to be used in the calculations as currently calculated by the Math expression “Valuation:Policy:CashValue”.

The FindLastExchangeDatePricingfunction returns the same exchange date outputs as the FindNextExchangeDatePricing function does and tells Assignment to use the last known price date for each fund with no offsets applied.

In order to process unit linked funds, assignment will require that one of these functions exist in Math.

FindNextExchangeDatePricing

Element	Attribute Value	Element Value	Definition
<Math>
<MathVariables>
<MathStatement>			Math element executing predefined function code.
	TYPE	ActivityFunction – Literal value only
	FUNCTIONNAME	FindNextExchangeDatePricing Literal value only	Name of Statement Function
<Parameters>
<Parameter>	NAME TYPE	Predefined MathVariable Name ExchangeDateOffset - Literal value only INPUT	Integer: Optional input of the offset. Defined input name. Function parameter type: Input/Output
<Parameter>	NAME TYPE	Predefined MathVariable Name GuaranteedExchangeDate - Literal value only OUTPUT	Date: Optional output of the guaranteed exchange date for use in activity math. Defined output name. Function parameter type: Input/Output
<Parameter>	NAME TYPE	Predefined MathVariable Name GainLossExchangeDate - Literal value only OUTPUT	Date: Optional output of the guaranteed gail/loss exchange date for use in activity math. Defined output name. Function parameter type: Input/Output
<Parameter>	NAME TYPE	Predefined MathVariable Name RatesExist - Literal value only OUTPUT	Date: Optional output of the rates that exist. Defined output name. Function parameter type: Input/Output

XML Example

<MathStatement TYPE="ACTIVITYFUNCTION" FUNCTIONNAME="FindNextExchangeDatePricing">

     <Parameters>

          <Parameter NAME="ExchangeDateOffset" TYPE="INPUT">InputOffset</Parameter>

          <Parameter NAME="GuaranteedExchangeDate" TYPE="OUTPUT">CurrencyExchangeDate</Parameter>

          <Parameter NAME="GainLossExchangeDate" TYPE="OUTPUT">GainLossCurrencyExchangeDate</Parameter>

          <Parameter NAME="RatesExist" TYPE="OUTPUT">RatesExist</Parameter>

     </Parameters>

</MathStatement>

FindLastExchangeDatePricing MathStatement

Element	Attribute Value	Element Value	Definition
<Math>
<MathVariables>
<MathStatement>			Math element executing predefined function code.
	TYPE	ActivityFunction – Literal value only
	FUNCTIONNAME	FindLastExchangeDatePricing Literal value only	Name of Statement Function
<Parameters>
<Parameter>	NAME TYPE	Predefined MathVariable Name GuaranteedExchangeDate - Literal value only OUTPUT	Date: Optional output of the guaranteed exchange date for use in activity math. Defined output name. Function parameter type: Input/Output
<Parameter>	NAME TYPE	Predefined MathVariable Name GainLossExchangeDate - Literal value only OUTPUT	Date: Optional output of the guaranteed gail/loss exchange date for use in activity math. Defined output name. Function parameter type: Input/Output

XML Example

<MathStatement TYPE="ACTIVITYFUNCTION" FUNCTIONNAME="FindLastExchangeDatePricing">

     <Parameters>

          <Parameter NAME="GuaranteedExchangeDate" TYPE="OUTPUT">CurrencyExchangeDate</Parameter>

          <Parameter NAME="GainLossExchangeDate" TYPE="OUTPUT">GainLossCurrencyExchangeDate</Parameter>

     </Parameters>

</MathStatement>