Full Break Detected in FTP Despite No Change In Cur Par Balance Between Prior And Current Day
(Doc ID 2967377.1)
Last updated on AUGUST 21, 2023
Applies to:
Oracle Financial Services Funds Transfer Pricing - Version 8.0.0 and laterInformation in this document applies to any platform.
Oracle Financial Services Funds Transfer Pricing (FTP)
Oracle Financial Services Analytical Applications (OFSAA)
Oracle Financial Services Enterprise Performance Management (EPM)
Modern Risk and Finance (MRF)
Goal
On FTP 8.0.x, you found that for one mortgage, Type-1 (Full break) is getting generated but there is no change in Cur Par Balance between prior and current day record.
In FSI_D_BREAK_FUNDING_CHARGES table:
AS_OF_DATE = 1-Jul-23 and
NEXT_PAYMENT_DATE = 7-Jul-23.
BREAKAGE_TYPE_CD = 1
BREAKAGE_AMOUNT = 4603.95
CUR_PAR_BAL = 4603.95
From Mortgage instrument table:
ADJUSTABLE_TYPE_CD = 250
CUR_PAR_BAL = 4603.95
From Break Identification process definition, Parameters screen has:
- Full break & Partial break, both checked.
- Prior period reference term: 1 Days
- As of Date: 06/06/2021
- Prior Period Date: 06/05/2021
You are using filter on Adjustable Type Code and, when Adjustable Type Code changes from Fixed to Floating between prior and current day, system detects this wrongfully as Type-1 break using NOT EXISTS condition between prior and current day.
Solution
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In this Document
| Goal |
| Solution |