Maturity dates

Maturity dates can be assigned to participant exposure limit monitors. If a participant exposure limit monitor has a maturity date, that exposure limit is no longer used after the maturity date.

A user might want to define a monitor, a batch (ICL) or transaction limit, or a credit or debit limit that is different from the global limit for the next six months. For example, assume that the global credit limit is $500,000. However, for the next six months the user agreed to increase the credit limit for the participant to $1,000,000.

The monitors to support this example are shown in the following table.

Table 1. Example maturity date monitor definitions
Monitor type.	Monitor credit limit.	Maturity date.
Global	$500,000	None
Participant	$1,000,000	Six months in the future.

Using these monitor definitions, the credit limit for this participant is $1,000,000 for the next six months. After that six months, the participant limit monitor is no longer used and the global limit monitor of $500,000 takes effect.

The maturing Risk monitors Services Framework task that is provided with Risk generates alert messages when a limit monitor with a maturity date is close to maturing.