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Loan Syndication(LS)- Fee Rule Modification For Back Dated Tranche Fails With Error "LB-PARAT001 - Total Asset Ratio should be 100" (Doc ID 2697191.1)

Last updated on AUGUST 03, 2020

Applies to:

Oracle Banking Corporate Lending - Version 14.1.0.0.0 and later
Information in this document applies to any platform.

Symptoms

On : 14.1.0.0.0 version, Implementation Support

While modifying the fee rule for a tranche in LFDFRMNT screen the following error occurs:

ERROR
-----------------------
"LB-PARAT001 - Total Asset Ratio should be 100"

STEPS
-----------------------
The issue can be reproduced at will with the following steps:
1. Unlock a back dated tranche contract in LBDTRONL screen.
2. Change Fee rate with today's effective date in Fee Rule tab.
3.  Check system  throws error "Total Asset Ratio should be 100" even though  asset ratio maintained  is 100 or not.

BUSINESS IMPACT
-----------------------
The issue has the following business impact:
Due to this issue, More time is consumed while modified fee rules which results in financial loss to bank.

Changes

 

Cause

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In this Document
Symptoms
Changes
Cause
Solution
References


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