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Why Is Redemption Getting Applied for New Business Even if No Early Redemption Is Defined in Product Characteristics? (Doc ID 2951955.1)

Last updated on JUNE 13, 2023

Applies to:

Oracle Financial Services Asset Liability Management - Version 8.0.5 and later
Information in this document applies to any platform.
Oracle Financial Services Enterprise Performance Management (EPM)
Oracle Financial Services Analytical Applications (OFSAA)
Oracle Financial Services Analytical Applications Infrastructure (OFSAAI)
Oracle Financial Services Asset Liability Management (ALM)

Goal

For current business, early redemption definition is for Term Deposits portfolio.However, it is observed that early redemption is also getting applied for new business even if no early redemption was defined in product characteristics.

Please clarify why is redemption getting applied for new business even if no early redemption is defined in product characteristics?
 

Solution

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In this Document
Goal
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