Zug, July 31, 2020: Provision of „FCR Agreement API“
Framesoft will further extend the possibilities of creating / updating agreements stored in Framesoft Contract Repository (FCR) via “FCR Agreement Application Programming Interface (API)” planned to be rolled out in in Q4-2020.
“FCR Agreement API” 1.0 will support an externally triggered upload of agreement(s) or Annex(es) in FCR including:
- Creation of agreement / annex record(s) in FCR
- Assignment of Underlying Principles (UPs)
- Assignment of Branches on Bank and Counterparty side
- Follow up & Comments
- Counterparty Properties (Form of Organization (FoO)) Netting Flags
- UP Properties (FoO) Netting Flags
- Product Coverage details of agreement
- Product Coverage details of UPs
- Amendments
- Agreement Data Points (First Level Clauses) including
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- Single Choice fields
- Multiple Choice field,
- Text Fields
- Text Areas
- Dropdown Lists
The FCR Agreement API will be provided as REST API. Furthermore, a “FCR Interface Health Status” component will be provided in FCR as part of the API offering the following information:
- List of all requests received
- View a request status
- View reason(s) for non-accepting a request
The FCR Agreement API will be offered will be offered to FCR clients on basis of an annual license usage fee add-on.
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