My Oracle Support Banner

Process To Automate Renegotiation of ONC Transactions (Doc ID 1198133.1)

Last updated on MARCH 08, 2017

Applies to:

Oracle Treasury - Version: 11.5.10.2 to 12.1.3 - Release: 11.5 to 12.1
Information in this document applies to any platform.

Goal


=== 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?

Customer Scenario:
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.

Solution

To view full details, sign in with your My Oracle Support account.

Don't have a My Oracle Support account? Click to get started!


My Oracle Support provides customers with access to over a million knowledge articles and a vibrant support community of peers and Oracle experts.