Last updated on JANUARY 09, 2017
Applies to:Oracle Financial Services Asset Liability Management - Version 8.0.2 and later
Information in this document applies to any platform.
Oracle Financial Services Analytical Applications (OFSAA)
Oracle Financial Services Asset Liability Management (ALM)
Trying to use Change From Base method in the Forecast Rates Definition assumption, but wondering if the current functionality is properly set in place. After reading through the user guide, there does not appear to be much descriptive and useful information besides the description of the method "Select Change from Base to Make incremental changes to an existing forecast scenario." which still is pretty vague.
Please describe how the functionality is supposed to work:
After defining a Structured Change Scenario only for 10 buckets, afterwards the interest rate code (IRC) Values remain the same. Is this is the expected behavior? Will the Change From Base Scenario also work only for 10 Buckets? If the Structured Change Scenario is changed to use 11 Buckets (this is the Base Scenario), it appears the Change from Base Scenario now also appears to work for 11 buckets.
1. Is the # of buckets dependency mentioned directly above this point the way it should work? What if I want the Change from Base to be active for all Buckets but my previous scenario is defined only on 10 buckets?
2. Please check out the values of the Forecasts in the Change from Base Scenario. The values for the Terms (only the first three -- these are the only ones defined) are increasing in the following manner : Forecast Value = Number of Bucket x Value given for the term in the definition + the Base Scenario value. Basically for the 1 Day Term for Bucket #6, the defined increase is +6 from the base Scenario. Expect that the increase should remain + 1 over the whole time period. Is this correct?
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