Liquidity Premium Rate not Calculated for New Accounts When TP Propagation is Selected
Last updated on DECEMBER 24, 2013
Applies to:Oracle Financial Services Funds Transfer Pricing - Version 5.6 and later
Information in this document applies to any platform.
Oracle Financial Services Analytical Applications (OFSAA)
On Oracle Financial Services Funds Transfer Pricing (FTP) 5.6, liquidity premium rates are not calculated for new accounts when TP propagation is selected.
Using a single FTP Standard to calculate transfer rates and liquidity premium rates every quarter and then propagate it for the next two months (FTP is run once a month). For accounts opened in the same month for processing (e.g. If as_of_date is 30-APR-2013, and if an account is opened between 01-apr-2013 and 30-apr-2013), then transfer rates and liquidity rates should be freshly calculated for the month.
The transfer rates are calculated for the new accounts, whereas liquidity premium rates are not calculated.
Expect both transfer rates and liquidity premium rates to be calculated from the same FTP process.
Steps to reproduce
The issue can be reproduced at will with the following steps:
1. Use a single FTP process to calculate and propagate transfer rates and liquidity premium adjustments
2. Find the liquidity premium rates are not properly calculated for new accounts
Use a separate FTP Standard Process to write the liquidity premium adjustments.
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