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TP Rule with Commit Start Date Does Not Generate Correct Transfer Rate (Doc ID 2414629.1)

Last updated on APRIL 26, 2021

Applies to:

Oracle Financial Services Funds Transfer Pricing - Version 8.0.5 to 8.0.7 [Release 8]
Information in this document applies to any platform.
Oracle Financial Services Analytical Applications (OFSAA)

Symptoms

On 8.0.5 version, when running Transfer Pricing on FSI_D_LOAN_COMMITMENT using COMMIT_START_DATE, the process does not generate TRANSFER_RATE based on COMMIT_START_DATE.

Error:
FSI_PROCESS_ERROR shows First Point Used error.


Steps to Replicate:
1. Two records in Loan Commitment

AS_OF_DATE 28-Feb-18
ADJUSTABLE_TYPE_CD 0
ORIGINATION_DATE 31-Jan-18
COMMIT_START_DATE 15-Jan-18

2. IRC use 7777
EFFECTIVE_DATE INTEREST_RATE
1-Jan-18   0.5
15-Jan-18 1
31-Jan-18 1.5
15-Feb-18 2
15-Dec-17 0.2

3. TP Rule is defined on Commitment Start Date for Fixed instrument (Adjustable Type Cd =0).
4. TP Process, generated Transfer_Rate 0.2 which is the furthest point of the curve. Expect the Transfer Rate matches Commitment Date which is 1.
5. Update TP Rule to use Origination Date, and result shows Transfer_Rate 1.5.


Changes

 

Cause

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In this Document
Symptoms
Changes
Cause
Solution
References


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