ALM FE 430 Interest Cashflows are Too Low for Repricing Instrument

(Doc ID 2041949.1)

Last updated on OCTOBER 19, 2016

Applies to:

Oracle Financial Services Asset Liability Management - Version 8.0.0.1 and later
Information in this document applies to any platform.
Oracle Financial Services Analytical Applications (OFSAA)

Symptoms

On Oracle Financial Services Asset Liability Management (ALM) 8.0.0.1, the interest cash flows for one particular account appear to be too low. The following errors are found in the FSI_PROCESS_ERRORS for the record:

ERROR
Invalid record: Accrued Interest = 0 and (Last_payment_date < As_of_date) for Multiple Reprice instrument record. Net Interest on first payment event may be understated. Leaf member: XXXXX.

Invalid record: Accrued Interest Gross = 0 and (Last_payment_date < As_of_date) for Multiple Reprice instrument record. Gross Interest on first payment event may be understated. Leaf member: XXXXX.

Invalid record: Accrued Interest TRate= 0 and (Last_payment_date < As_of_date) for Multiple Reprice instrument record.
T rate Interest on first payment event may be understated. Leaf member: XXXXX.

The issue can be reproduced at will with the following steps:
1. Run ALM process

Cause

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