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1. Prerequisite Complex and simple data elements

The SwO Standard is agnostic in nature and can fulfil various clearance requirements. Therefore, the SwO Standard can be used to perform clearance of sales enabled by the Enhanced and Simplified Distribution Standard. Here are data elements from the Enhanced and Simplified Distribution Standard and how can they relate to the data elements in the SwO Standard:

a) Agreement ID

in the Enhanced and Simplified Distribution Standard this is the OrderID

b) Commitment ID

in the Enhanced and Simplified Distribution Standard this is the PaymentID

c) Payment Commitment Date

this is the same data element in the Enhanced and Simplified Distribution Standard. This is the date when for a given payment the payment status changes to successful.

d) Net Clearance Amount

this is the same data element in the Enhanced and Simplified Distribution Standard.
In the Enhanced and Simplified Distribution Standard Net Clearance Amount is defined as the amount agreed to be cleared in the Order between the two parties to the Order.

  • Net Clearance Amount – amount to be cleared between ORA and the respective counterparty, i.e. the Seller.

It is required that all Clearances originate from valid payment commitment that can be identified by both parties to the Order. Since Payment Identifier is defined as of release 19.2 of the Enhanced and Simplified Distribution Standard it is the earliest recommended release when implementing with the SwO Standard and Process. However, the SwO Standard and Process release 21.3 is backward compatible with all releases of the Enhanced and Simplified Distribution Standard starting with release 17.2. For the SwO Standard and Process to work requests for creation or change of an order must be done with messages that result in OrderViewRS message that has valid payment related node and payment commitment.