ALM Process Does Not Use Behavior Pattern for New Business
Last updated on NOVEMBER 08, 2016
Applies to:Oracle Financial Services Asset Liability Management - Version 8.0.0 and later
Information in this document applies to any platform.
Oracle Financial Services Analytical Applications (OFSAA)
In Oracle Financial Services Asset Liability Management (ALM) 8.0.x, the ALM process is not outputting Behavior Pattern results for New Business records correctly. You defined a "Non Maturity" Behavior Pattern and selected it in the Product Characteristics rule. You expect to see runoff related to the Behavior Pattern in BUCKET_002 and subsequent buckets. However, there is no runoff until much later in the buckets.
You also find the following errors in FSI_PROCESS_ERRORS:
No Product Characteristics defined for Leaf member: 200 or Parent, Currency: USD or Default.
Invalid amortization type detected. Defaulted to Simple Int.
You are not sure if these errors are related to the issue with the Behavior Pattern.
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