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

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 hundreds of Community platforms