Recomputes the periodic rebate or fee bill a borrower or beneficial owner receives from an agent lender or prime broker: daily accrual over caller-declared collateral and rate data under the MSLA/SIFMA Actual/360 convention, for both rebate-basis (cash collateral) and fee-basis loans, diffed against the statement's claimed amount. Separately checks every day's collateral against the declared 102%/105% SIFMA maintenance threshold. The money side complementing the shipped FINRA SLATE reporting tools.
The demo values below are synthetic and already loaded, so you can press Run without entering anything of your own.
It does not source or verify any collateral value, loan market value, or rate against an agent lender's books, a DTC feed, or a Reg SHO threshold-security list, and it does not determine which collateral-maintenance percentage a given master securities loan agreement requires: the margin percentage is a declared input, confirmed against the applicable MSLA. It is not investment, legal, or accounting advice; a DIVERGES verdict is a citable record of an arithmetic or collateral-maintenance break, which the borrower and lender reconcile against their own books.
Complements the shipped FINRA SLATE reporting tools, which check regulatory transparency reporting of loan terms under Exchange Act Rule 10c-1a, a distinct duty from the rebate/fee bill this node recomputes. See also Agreement Standards for other master-agreement-anchored recompute nodes.