updateContractComponentValue

Description
This transaction updates the information for an existing contract component value object for a given contract component.
Web Services
Operation name: updateContractComponentValue
Service name: FinancialServices
Example
In the financial services industry, a typical contract component value would be a premium amount, current cash value amount, or a face amount.
Usage information
The required input for this transaction includes the contract ID (key), the contract component ID (key), the contract component value ID (key), and the last update date.

Essentially all of the information that can be added as part of the addContractComponentValue transaction including the domain type, domain value, domain value type, and others can be changed through this transaction.

Preconditions
Contract component value must exist.
Mandatory input
  • LastUpdateDate
Inquiry levels
Not applicable
Filter values
Not applicable
Transaction behavior
Not applicable
Request message
<TCRMTxType> UpdateContractComponentValue

<TCRMTxObject> TCRMContractComponentValueBObj

<TCRMObject> TCRMContractComponentValueBObj

Response objects
TCRMContractComponentValueBObj
Special note
Not applicable