Duration and Modified Duration Values Not Changed Accordingly While Changing Discount Rates in ALM 6.0.3
Last updated on JULY 03, 2018
Applies to:Oracle Financial Services Asset Liability Management - Version 6.0.3 to 6.0.3 [Release 6]
Information in this document applies to any platform.
Oracle Financial Services Analytical Applications (OFSAA)
Oracle Financial Services Asset Liability Management (ALM)
In ALM 6.0.3 the duration and modified duration is not getting computed even after changing the discount rates, the duration and modified duration facility is not getting updated in table.
The issue can be reproduced at will with the following steps:
1. Define a Static Deterministic process
2. Run this process with discount method as Spot Rate with value 10% first.
3. Then re-run the same process with discount method as Spot Rate with value 20%
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