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Incorrect Calculation of FE 430 and FE 672 in ALM 8.0.7 when Using User Defined Prepayment Tenor (Doc ID 2670290.1)

Last updated on MAY 19, 2020

Applies to:

Oracle Financial Services Asset Liability Management - Version 8.0.7 and later
Information in this document applies to any platform.
Oracle Financial Services Asset Liability Management (ALM)
Oracle Financial Services Analytical Applications (OFSAA)
Oracle Financial Services Enterprise Performance Management (EPM)
Financial Element (FE)

Symptoms

On ALM 8.0.7.2, incorrect calculation of FE 430 and FE 672 (Gap Interest Cash Flow - Net) when using user defined prepayment tenor (1 day, 7 days, 1 month).

From transaction, payment frequency is 1 month, however the 1st month interest payment FE 430 is incorrect.

Is FE 430 correctly calculated for those interest payment events happening after prepayment event?

Changes

 

Cause

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In this Document
Symptoms
Changes
Cause
Solution
References


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