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HC-B/RC-B Line 4.b - Configuration Issue (Doc ID 2696774.1)

Last updated on AUGUST 06, 2020

Applies to:

Oracle Financial Services - Regulatory Reporting for US Federal Reserve - Lombard Risk Integration Pack - Version 8.0.9 and later
Information in this document applies to any platform.

Symptoms

Schedule: HC-B/RC-B
Line: 4.b.1 & 4.b.2
Issue:

1) Since line 4b2 uses following condition
Securitized Products = CMO#~#COLLCMP#~#IOSMBS#~#POM#~#RMBS
Underlying Asset Pool Type = 1-4FAMMBSGOV
Std Issuer/Guarantor Type = NOT GOA#~#NOT GSA

Currently no line item reports
Securitized Products = CMO#~#COLLCMP#~#IOSMBS#~#POM#~#RMBS
Underlying Asset Pool Type = 1-4FAMMBSGOV
Std Issuer/Guarantor Type = GOA#~#GSA

Above instruments ie CMO/Remics issued or guaranteed by GOA/GSA backed by 1-4family MBS, should be reported in 4b1 (Issued or guaranteed
by U.S. Government agencies or sponsored agencies)  However, current configuration of 4b1 restricts the reporting to, Underlying
Asset Pool Type = 1-4FAMCEFLRESMORT#~#1-4FAMCEJLRESMORT

expected the condition should be fixed to, "Underlying Asset Pool Type
= 1-4FAMCEFLRESMORT#~#1-4FAMCEJLRESMORT#~#1-4FAMMBSGOV"

2) Current configuration of 4b2 MDRMs have 2 cell groups
Cell group 1: HREG2702 HIR - RR Std Issuer Type = NOT GOA#~#NOT GSA
Cell group 2: HREG2703 HIR - RR Std Guarantor Type = NOT GOA#~#NOT GSA
This may cause erroneous reporting, as cell group 1 may allow GOA/GSA
guaranteed instruments and cell group 2 may allow reporting of GOA/GSA issued
instruments

Both the conditions needs to be combined in each cell groups (only difference in cellgroups would be underlying issuer and underlying guarantor)

Cause

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In this Document
Symptoms
Cause
Solution


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