ALM 8.0.7.4: Incorrect Calculation of FE 100 and FE 60 For Instrument Record Modeled with Devolvement and Recovery Behavior Pattern
(Doc ID 2826322.1)
Last updated on JULY 12, 2023
Applies to:
Oracle Financial Services Asset Liability Management - Version 8.0.7.4.0 to 8.1.2.2 [Release 8 to 8.1]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)
FE 100 - End Balance
FE 60 - Beginning Balance
Symptoms
On ALM 8.0.7.4.0 version, below issues were found with Devolvement and Recovery Behavior Pattern, in calculation of FE100 and FE60:
1. Product under guarantees table, the recovery write-off goes beyond maturity
2. Product under Loans table, the recovery write-off goes beyond maturity
Note:
When Guarantees instrument table is executed alone, the results are proper. However, when all the tables are selected, the write-off goes beyond the maturity date.
For Loans, in both the cases (i.e whether run alone or with other tables), the write-off goes beyond maturity date.
Cause
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In this Document
| Symptoms |
| Cause |
| Solution |
| References |