LEN - RFR Loans - REVN Event Is Not Triggering For RFR Loans
(Doc ID 2976736.1)
Last updated on OCTOBER 10, 2023
Applies to:
Oracle Banking Corporate Lending - Version 12.3.0.0.0 to 12.4.0.0.0Information in this document applies to any platform.
Symptoms
On : 12.3 version, Implementation Support
ACTUAL BEHAVIOR
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LEN - RFR Loans - REVN event is not triggering for RFR loans
Contract reference number - SGPLN01231920010, SGPLN01231920011
STEPS:
1. Create a RFR contract with bullet schedule keeping start date - 01/07/2021 and the maturity year till the end of the year.
2. After an EOD, Check for REVN event in the accounting entries and payment details screen.
Actual behavior - REVN event fails to trigger and rate revisions are not happening in the interest calculations
Changes
Changes given to keep connection alive for the thread which initiate transaction posting.
Cause
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In this Document
| Symptoms |
| Changes |
| Cause |
| Solution |