Can Weekend Rate Effective Dates Be Defaulted to Next Business Day Instead of Last Business Day?
(Doc ID 2609130.1)
Last updated on APRIL 14, 2021
Applies to:Oracle Financial Services Funds Transfer Pricing - Version 8.0.7 and later
Information in this document applies to any platform.
Oracle Financial Services Analytical Applications (OFSAA)
Oracle Financial Services Funds Transfer Pricing (FTP)
When retrieving a rate from a curve to calculate a transfer rate, is there a way to get a weekend effective date / rate to be defaulted to the next business day rate instead of the last business day rate?
For example: Straight Term with Fixed Rate
ORIGINATION_DATE: 12/30/2018 (Saturday)
Interest Rate Code (IRC) contains the following:
You want FTP to use the Monday, Dec. 31st rates when calculating the Transfer Rate. It currently uses the Dec. 28th rates.
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