Incorrectly Generated Rates from Hybrid Moving Average Rate Generation (Doc ID 1430948.1)

Last updated on FEBRUARY 09, 2015

Applies to:

Oracle Financial Services Asset Liability Management - Version 5.6 and later
Information in this document applies to any platform.
Oracle Financial Services Analytical Applications Infrastructure (OFSAAI) - Version 7.2
Oracle Financial Services Analytical Applications (OFSAA) - Version 5.x
Rate Management


Symptoms

On Oracle Financial Services Analytical Applications (OFSAA) 5.6 Rate Management -> Interest Rates when generating moving average hybrid rates, the correct rates do not appear to be calculated.

ACTUAL BEHAVIOR
Incorrect 1 month average term, monthly rates are calculated.

EXPECTED BEHAVIOR
Expect the correct monthly average rates to be generated.

The issue can be reproduced at will with the following steps:
1. Create a standard curve and uploaded rates for all business days in Sep 2011
2. Create a hybrid curve which is the 1 month moving average of the stated standard curve.
3. Click apply and generate to generate hybrid rates
==> Generated rates do not appear to be correct.

Cause

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