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RFR - RFR Contract With Existing Product - Issue - RFR Preferences Are Disabled (Doc ID 2801831.1)

Last updated on AUGUST 30, 2021

Applies to:

Oracle FLEXCUBE Universal Banking - Version 14.3.0.0.0 and later
Information in this document applies to any platform.

Symptoms

On : 14.3.0.0.0 version, Implementation Support

ACTUAL BEHAVIOR
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RFR - RFR Contract with Existing Product - Issue - RFR Preferences are Disabled

We are trying to create MM Contract with RFR functionality from an existing non-RFR enabled Product by enabling the feature at Contract Level.

However, the ‘Alternative Risk-Free Rate’ Check Box is disabled for existing Products.

EXPECTED BEHAVIOR
-----------------------
system should support the option of creating an RFR based MM contract using a non-RFR MM Products.

STEPS
-----------------------
The issue can be reproduced at will with the following steps:
1. Try to create a new transaction using a non-rfr product.
2. Under interest tab, verify if RFR field check box can be checked and rfr fields are enabled.

BUSINESS IMPACT
-----------------------
The issue has the following business impact:
Due to this issue, users cannot implement RFR interest rates for non rfr product.

Changes

 

Cause

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In this Document
Symptoms
Changes
Cause
Solution
References


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