Inverse Exchange Rate Used in OFSAA and ALM Consolidated Currency CONS_DTL_XXXXXX Results (Doc ID 1453094.1)

Last updated on SEPTEMBER 27, 2016

Applies to:

Oracle Financial Services Profitability Management - Version 5.6 and later
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

Symptoms

On Oracle Financial Services Asset Liability Management (ALM) 5.6, after entering exchange rates through Rate Management UI, it appears that the correct exchange rate is not used in the CONS_DTL_XXXX results.

ACTUAL BEHAVIOR
The USD currency does not use the proper exchange rate to CNY.

FSI_EXCHANGE_RATES_AUDIT shows the correct rates:

FROM_CURRENCY TO_CURRENCY
USD CNY

However, the ALM engine is calculating BAL/EXCHANGE_RATE instead of BAL*EXCHANGE_RATE.

The FSI_FCAST_XRATE_DIRECT_INPUT table also shows the correct exchange rates.

EXPECTED BEHAVIOR
Expect the correct exchange rate to be used for USD to CNY in the CONS_DTL_XXXX results.

The issue can be reproduced at will with the following steps:
1. Add rates into Rate Management UI
2. Create proper ALM Forecast Rates
3. Run ALM process with Product/Currency and select Consolidate to Reporting Currency is checked
4. Check the results and the exchange rates do not appear to be used.

Cause

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