Incorrect ALM Output FE 715 Present Value of Principal Cash Flows and FE 716 Present Value of Interest Cash Flows

(Doc ID 2372712.1)

Last updated on APRIL 03, 2018

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)

Symptoms

On ALM 8.0.2.0.29 after applying the fix from <Patch 27128508>: CONSOLIDATED PATCH FOR BUGS 26963323, 27002514, 27128154 and checking the result, it appears that Financial Element (FE) 715 Present Value (PV) of Principal Cash Flows and FE 716 PV of Interest Cash Flows are incorrectly generated.

The res_dtl output table contains the FE 710/ FE 715/ FE 1710/ FE 1715/ FE 1716, but FE 716 (Present Value of Interest Cash Flows) is not generated.
Also, FE710=FE715 which is not correct, FE 715 should contain only the Present Value of Principal Cash Flows and not also the Present Value of Interest Cash Flows.

In conclusion:

FE 710 – correct
FE 715- incorrect (should contain only the principal)
FE 716- missing (should contain the interest)
FE 1710- correct
FE 1715- correct
FE 1716- correct

The issue can be reproduced at will with the following steps:
1. Apply the fix from Patch 27128508: CONSOLIDATED PATCH FOR BUGS 26963323, 27002514, 27128154
2. Check the generated market value financial elements

Cause

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