Process To Automate Renegotiation of ONC Transactions
(Doc ID 1198133.1)
Last updated on MARCH 08, 2017
Applies to:Oracle Treasury - Version: 126.96.36.199 to 12.1.3 - Release: 11.5 to 12.1
Information in this document applies to any platform.
=== ODM Question ===
Is there a process by which you can automate the renegotiation of ONC Transactions since the interest rate changes frequently which requires these to be renegotiated?
The Customer has 3 investment funds with around 200 accounts in each fund. The problem is that the interest rate is changing every day.
These accounts could be mapped to the ONC functionality; however, the fact that the interest rate
is changing on a daily basis would represent a renegotiation of around 600 deals on a daily basis,
not to mention the huge number of deals that would be created due to the rollovers.
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