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ALM: How to Validate New Add Balance FE340 and Roll Add Balance FE380 Using New Business Method Rollover With Growth% (Doc ID 2847868.1)

Last updated on MARCH 02, 2022

Applies to:

Oracle Financial Services Asset Liability Management - Version 8.0.0 to 8.1.2 [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 Infrastructure - OFSAAI
Oracle Financial Services Enterprise Performance Management - EPM
Financial Element - FE
Add New Business Volume (NBV)

Goal

How to validate New Add Balance FE340 and Roll Add Balance FE380 using Rollover with Target Growth% new business method?

While validating the new business volume using rollover with growth percentage method, the below formula is being used:
(Current position beginning balance + NBV beginning balance) * Target growth percentage + Current runoffs + NBV runoffs.

The output of the above formula is the total NBV for each bucket output to the RES_DTL_XXXX is to be the sum between New add balance FE340 and Roll add balance FE380.
How to validate New Add Balance FE340 and Roll Add Balance FE380 separately?

In addition it is noticed that the growth percentage 5% is added only to bucket 10 and bucket 15 although there are balances in New Add balance FE340 in all buckets.
However, when growth percentage 0% is added to all buckets there are no balances in New Add Balance FE340.  Why does this happen?
 

Solution

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In this Document
Goal
Solution
References


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