BSP Not Calculating Charge Credit Funding Amount for Non Interest Bearing Deposits (Doc ID 2069827.1)

Last updated on OCTOBER 31, 2016

Applies to:

Oracle Financial Services Balance Sheet Planning - Version 6.1 and later
Information in this document applies to any platform.
Oracle Financial Services Analytical Applications (OFSAA)
Oracle Financial Services Funds Transfer Pricing (FTP)

Symptoms

On Oracle Financial Services Balance Sheet Planning (BSP) 6.1 and 8.0, the current positions results generated from BSP appear to be incorrect for interest bearing deposits and non interest bearing deposits.  These products have an Account Type of "Other Liabilities".  The Transfer Rate financial elements are not output for them.

ACTUAL BEHAVIOR
There appear to be inconsistencies with how the current position calculations are being executed with respect to interest bearing deposits and non-interest bearing deposits.

1. When the products are interest bearing deposits - the current position details (obtained via smartview retrieve or in the Detail Bal Standard tab of the forecast form) revealed that the BSP application is using the interest rate and FTP rate from the instrument records to perform interest and FTP calculations, instead of using the rates/curves that were loaded in August interest rate scenario.

2. When the products are non-interest bearing deposits - the current position details (obtained via smartview retrieve or in the Detail Bal Standard tab of the forecast form) revealed that the BSP application is not using the FTP rate from the instrument records to perform FTP calculations. No FTP rates are being used for the FTP calculations which results in no charge/credit amounts for the products. The current position details only show an average/ending balances for non-interest bearing deposits.

EXPECTED BEHAVIOR
Expect that BSP should be calculating funding amount for non-interest bearing deposits, all balance sheet products should have a funding amount.

Cause

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