Collaterals: Wrong "Block Amount" on Collaterals
(Doc ID 2649722.1)
Last updated on MARCH 23, 2020
Applies to:Oracle FLEXCUBE Universal Banking - Version 12.0.3 and later
Information in this document applies to any platform.
On : 12.0.3 version, Production Support
Collateral "Block Amount" is not correct for some scenarios
1. Create collaterals COL1 (owner = customer X) and COL2 (owner = customer Y - collateral shared 100% with customer X)
2. Create a pool P1 for customer X and link COL1 and COL2 for 100%
3. Close P1
4. Create another pool P2 for customer X and link COL1 and COL2 for 100%
5. Run an EOD - the block amount of collaterals COL1 and COL2 is double its collateral value
The issue has the following business impact:
Due to this issue, Collateral balance is shown wrongly.
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