Guide to configuring Reference Rates in KOR | Scribe

    Guide to configuring Reference Rates in KOR

    • KOR Client Success |
    • 31 steps |
    • 3 minutes
    information ordinal icon

    This guide is for mapping reference rates, when an underlier in your system matches one found in KOR's allowed [reference rate values](https://airtable.com/app60NGcjE1qtzTCu/shrNp1xVGg5iEYX9F). For mapping reference rate and other product related fields please see [this](https://scribehow.com/shared/Reference_Rate_Configurations__35EAL6KrShKYG9wdSv6k4w?referrer=documents) guide.

    1

    When you see the rejection "Invalid Allowed Value" Field: "Reference rate" or "Other reference rate"

    2

    Double-click submitted value box to copy

    3

    Switch to your internal system to look up details on your submitted value

    4

    Navigate to ["KOR Technical Specifications: Allowed Value List - Airtable](https://airtable.com/app60NGcjE1qtzTCu/shrk9ryAhEyZonks4)" then the Reference Rate (CO) - Index view

    5

    Click "Reference Rate (CO) - Index "

    6

    Click search icon

    7

    Type key words based on the reference rate value in your system. ([help](https://help.korfinancial.com/field))

    8

    Click and copy name of applicable index name

    9

    Switch to tab "Rejections - Regulatory Message - Pre-validation - KOR - Services"

    10

    Click the configure rule icon.

    11

    Click the add (+) icon.

    12

    Click the "KOR value" field.

    13

    Paste in the airtable reference rate value

    14

    Click the "My value" field.

    15

    Paste in your internal value that failed submission

    16

    Click "Update"

    17

    Step click on the rejection card for "Invalid enum (25) - Commodity Region" or "Other commodity region"

    18

    Click the configure rule icon.

    19

    Identify the applicable region value ([help guide](https://help.korfinancial.com/commodity-region/other-commodity-region)) and copy the value from the airtable [Allowed Value List](https://airtable.com/app60NGcjE1qtzTCu/shriPXdAwS4LurilL)