FCIS - System Fails To Generate Dividend Reinvestment Transactions When Reinvestment Fund Is Different
(Doc ID 2613315.1)
Last updated on DECEMBER 02, 2019
Applies to:Oracle FLEXCUBE Investor Servicing - Version 126.96.36.199.0 and later
Information in this document applies to any platform.
On : 188.8.131.52.0 version, Implementation Support
When a FUND Say "A" is dividend declared. Based on UHIDS setup done for UHID + FUND A, System should generate reinvestment transactions during EOD for FUND B, However this is not happening during EOD.
While processing the Reinvestment during operations time (Manually) reinvestment are happening for FUND B.
As the setups are done at UHIDS + FUND A, System should generate reinvestment transactions during EOD batch processing to FUND B.
STEPS TO REPRODUCE:
The issue can be reproduced at will with the following steps:
1. Take two Funds say "A" and "B".
2. Maintain setup for UHIDS for FUND "A". Consider the UHID as "UHID001".
Maintain "UHID001" in header Client Information section.
Maintain Fund A in Details Section.
Maintain Fund B in Reinvestment Section.
3. Declare Interim Dividend for Fund A.
4. Execute EOD/BOD Process.
EOD Sequence 310 (Dividend Freezeholding), 330 (Dividend Processing) and 340 (Reinvestment Processing).
5. Upon successful completion of EOD, Dividend Payment Number generate, However reinvestment is not happening in Fund B.
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