For organizations operating across multiple units or regions, managing credit exposure consistently is critical. RIVO’s Hierarchical Umbrella Limits feature allows financial limits to be set at a parent level and distributed across sub-units, with built-in checks to ensure no unit exceeds its allowed threshold.

This structure supports both credit amounts and expiry dates and helps maintain compliance with internal policies—across currencies and organizational levels.

Setting Up Limits

To begin, users with Admin can go to

Home → Administrator → My Banks → Limits → Activate Umbrella Limit

From here, they can select an organizational unit (banks) and define or update limits per bank.

OR

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Activating Umbrella Limits
Once you click Activate Umbrella Limit, the system will display a confirmation message:

Warning
Are you sure you want to enable the umbrella limit? This action will apply the limit across all associated entities and may impact existing credit allocations.

Click Confirm to proceed.

After confirmation, the system will display all sub-units under the selected parent unit, along with the option to add limits to each. You’ll see a list similar to the example below:

• Alpha Sub Unit – + Add limit
• Bravo Unit – + Add limit

You can now begin assigning limits to each unit within the remaining available parent limit. The total allocated amount must not exceed the parent unit’s defined umbrella limit.

Adding a New Limit

When creating a limit, the following fields are required:

• Credit Limit Amount
  Defines the total available credit for the unit. RIVO checks that this amount does not exceed the parent unit’s remaining limit (after accounting for sibling allocations).
• Currency
  Limits can be set in any supported currency. If different from the parent’s currency, the system automatically converts the amount using the most recent FX rate.
• Expiry Date
  The validity date for the limit. It must not go beyond the parent’s expiry and cannot be earlier than any child unit’s expiry (if sub-units already exist).

If any value is invalid, the system will display an error message and prevent the limit from being saved.

Viewing the Limit Structure

After setting limits for all necessary subunits, RIVO automatically displays the full organizational limit structure as a visual hierarchy.

Each unit (parent and child) will show:

• The allocated amount
• The maximum limit
• A visual link between parent and child entities

Updating Existing Limits

To edit an existing limit:

1. Select the relevant unit and bank.
2. Click the show and manage icon to adjust the amount or expiry date.
3. RIVO validates the updated value against the current hierarchy, deal utilization, and FX values.

Changes are only saved if all conditions are met.

Validations and Rules

RIVO enforces the following automatically:

• The total of all subunit limits must not exceed the parent limit.
• A unit can only compare against its direct parent (one level up).
• Expiry dates must align with the hierarchy (within the parent’s range).
• FX conversion is applied during validation when currencies differ.

When a user attempts to save a value that exceeds the allowed amount (or an expiry that falls outside the range), the system provides a clear message showing the available amount or latest valid date.

Audit Logs

All changes—successful or not—are recorded. This includes:

• Limit creations
• Expiry date updates
• Validation failures
• Blocked modifications due to FX changes or hierarchy rules

Audit logs help teams track user actions and maintain visibility across limit changes.

User Access

• Only Admin users have permission to view, add, or edit limits.
• Sub-units must have an exposed and active parent unit before limits can be assigned.
• Validation is triggered every time a value is created or updated.

This feature provides a structured way to manage exposure across organizational units, supporting both operational flexibility and financial discipline. With real-time checks and cross-currency support, RIVO ensures that all limits stay within the framework set by your organization.