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ALM 8.0.7: Incorrect Computation of Interest Cash Flow (FE 430) / Gap Interest Cash Flow Net (FE 672) for Non Maturity Adjustable Records (Doc ID 2860458.1)

Last updated on APRIL 11, 2022

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)
Interest Cash Flow (FE 430)
Gap Interest Cash Flow Net (FE 672)

Symptoms

After upgrade of ALM from 8.0.5 to 8.0.7 version, incorrect computation of FE 430 and FE 472 was noticed for Non Maturity adjustable records.

8.0.5 version used to consider the number of days from As of Date till Next Payment Date and added the accrued interest, in case accrued interest was available in the STG table.

However, in 8.0.7, in the event of availability of accrued interest, system is considering the number of days from Last Payment Date till Next Payment Date and adding the accrued interest, which is incorrect.

Cause

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In this Document
Symptoms
Cause
Solution
References


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