RM 4.5 Error 385 Invalid interest type. Defaulted to 'interest in arrears'
Last updated on JULY 28, 2017
Applies to:Oracle Risk Manager - Version 4.5 to 4.5.41
Information in this document applies to any platform.
Oracle Risk Manager - Version: 4.5
Note: All OFSA 4.5 products have reached sustaining support.
You find the following error in OFSA_PROCESS_ERRORS after running your RM 4.5 Process:
|detail_leaves||Invalid interest type. Defaulted to "int in arrears"||385|
Upon looking up the error message in Appendix A of the Oracle Risk Manager Reference Guide, Release 4.5, you find the following information:
Error Message: Invalid interest type - defaulted to interest in arrears
Error Condition: Interest type code is not equal to 0 or 1.
Error Code: 385
Effect of Error on Processing: Instrument is defaulted to “interest in arrears.”
However, when looking at your Leaf Characteristics ID, you find the field is grayed out for all of your products and you are unable to change the value.
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