Why is LRD Balance Updated to "1000000" When LRD_BALANCE=0 & CUR_PAR_BAL=0? for FTP
(Doc ID 2407914.1)
Last updated on MARCH 21, 2019
Applies to:Oracle Financial Services Funds Transfer Pricing - Version 6.0.2 and later
Information in this document applies to any platform.
Oracle Financial Services Funds Transfer Pricing (FTP)
Oracle Financial Services Analytical Applications (OFSAA)
Oracle Financial Services Enterprise Performance Management (EPM)
Last Reprice Date (LRD)
Question 1: What is the purpose of the logic mentioned in <Bug 13990329>. Also provide us with a business use case.
- If LRDBalance = 0,CUR_PAR_BAL=0 then LRDBalance =1,000,000 and log a message:
"LRD_BALANCE and CUR_PAR_BALANCE = 0, Adjustable Type Code > 0.Defaulting LRD_BALANCE = 1,000,000 to enable processing"
Question 2: What about the cases when loan is being prepaid (prepayment of floating loans), some of them in the same month?
Why is the engine defaulting to such a high value?
It seems a better default that the FTP Engine should update transfer rate with "0" when lrd_balance and cur_par_bal are "0" for adjustable_type_cd > 0?
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