Cannot Validate C450 Transfer Pricing Charge/Credit for a Multi-Repricing Product
Last updated on JULY 05, 2018
Applies to:Oracle Financial Services Balance Sheet Planning - Version 18.104.22.168.2 and later
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)
In Oracle Financial Services Balances Sheet Planning (BSP) 22.214.171.124.2, in the 'Calculate' results, the Transfer Rate Charge/Credit (C450) is wrong for each month where a product is adjustable rate and has multiple repricing periods in between the payment period (Reprice Freq < Pmt Freq).
You expect the Transfer Rate Charge/Credit divided by the Average Balance to equal the Ending Transfer Rate divided by the Ending Balance. In this case, they do not match.
FE 450/FE 140 <> FE 130/FE 100
You expect these balance to match.
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