Oracle Financial Services Behavior Detection Application Pack v8.1.2.3.0

 

Oracle Financial Services (OFS) Behavior Detection Application Pack is a separately licensed product.

����������� Description

OFS BD Application Pack v8.1.2.0.0 Minor Release #3 8.1.2.3.0 (ID 34637484).

This release of OFS BD Application Pack is cumulative of all enhancements and bug fixes since the v8.1.2.0.0 release.

������������� Prerequisites

Refer to the below pre-requisites

          Before applying OFSBD 8.1.2.3.0, it is required to install OFSBD 8.1.2.0.0. For detailed instructions on installing this OFS BD Release, see OFS BD Application Pack Installation and Configuration Guide 8.1.2.0.0.

          Apply patch for Bug 34572960. This is the OFSAAI 8.1.2.0.0 RELEASE #2 (8.1.2.2.0)

 

����������� How to Apply This Patch?

For detailed instructions on installing this OFS BD release, see OFS Behavior Detection Installation Guide 8.1.2.3.0.

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����������� About This Release

����������� This section describes the new features, bugs addressed, and known issues in this release of OFS Behavior Detection.�������

����������� Topics:

         New Features

         Bugs Addressed

         Known Issues

������������ New Features

The following is the list of new features included in this release:

         The scenarios listed below have been modified to implement Functional Currency

o    Anomalies in ATM, Bank Card: Foreign Transactions - Account focus

o    Early Payoff or Paydown of a Credit Product - Account focus

o    High-Risk Transactions: Focal High-Risk Entity - Account focus

o    External Entity Name Associated with Multiple, Recurring Identifiers (External Entity) - External Entity focus

o    Deviation from Peer Group � Total Activity - Account focus

         The scenarios listed below have been modified to consider Cash transactions during alert generation

o    Hub and Spoke � Customer Focus

o    Hub and Spoke � External Entity Focus

         OFS BD 8.1.2.3.0 offers performance tuning of Scenarios using custom hints in the Customer's environment depending on Customer data volume. Currently, this feature is offered for the seven scenarios listed below. For more details, refer OFS Behavior Detection Installation Guide (Section 5: Performance Tuning of Scenarios)

o    114000122-(ML/AC) Terrorist Financing

o    114000123-(ML/EN) Terrorist Financing

o    115200003-(ML/AC) Large Depreciation of Account Value

o    115400007-(ML/EN) Large Reportable Transactions

o    114000078-(ML/CU) Patterns of Funds Transfers Between Customers and External Entities

o    114000082-(ML/EN) Patterns of Recurring Originators/Beneficiaries in Funds Transfers

o    116000079-(ML/CU) Rapid Movement of Funds - All Activity

         Real-Time Fraud (RTF) has been integrated with Enterprise Case Manager (ECM) to allow blocked transactions to receive additional review and investigation.

         The KYC Risk Assessment Investigation UI has been enhanced to include the below

o    New tab - �Customer Identification Documents� is added to display ID document details

o    New search field - �Tax ID� has been added for the risk assessment search

o    New user group - �KYC Investigator Read Only Group� has been added who can only view risk assessment records. This user will not be able to perform any action namely manually promote a risk assessment to Case and export risk assessments.

o    New tab - �History� is added to track & display changes made for risk assessment category configuration

         KYC Case details enhanced in the ECM application

o    Risk Priority field is displayed for Manually Promoted KYC Case in ECM UI

o    Case Title for Manually Promoted KYC Case is improved to display the Customer Name as well as to provide more contextual information

         KYC integration with Compliance Studio

o    Ability to perform Accelerated Re-review using Customer Segmentation & Anomaly detection model

o    KYC Case displays detailed evidence of why the accelerated re-review was triggered for a customer based on anomaly detection model. This helps investigators view and analyze each model attribute and its significance for anomalous customer behavior.

Bugs Fixed in This Release

The following bugs have been fixed in OFS Behavior Detection Release 8.1.2.3.0.

Table 1: List of Resolved Issues

 

Component

 

Bug ID

 

Resolution

BD

34803629

Wrapper changes made for extrl_ntity_smry_mnth_wrp and acct_peer_trxn_smry_mnth_wrp

BD

34767306

Namematchstaging datamap - db connection from bdf.xml addressed.

BD

34745349

External org population datamaps to include changes completed.

BD

34646286

Cntry_key_id column in the kdd_review table can store long values.

BD

34572736

ISO20022: correct population of derived address data from staging

BD

34572539

ISO20022: ultimate creditor and debtor roles: address 5 and 6 populated

BD

34351471

Added cash trxn to ml_hubandspoke scenario

BD

30312389

Incorrect validation for customer extension number

RTF

33672293

RTF 8.1.2.2: wire: ability to add attachment in comment section � real-time transaction UI (real-time fraud)

KYC UI

34890021

Search is not working for assessment and cases on the onboarding assessment page.

KYC UI

34885797

Post copying there is no record in history in the risk assessment category history page.

KYC UI

34184961

Null value selection for active flag (rule based risk assessment) removed.

 

����������� List of Known Issues

���� ���������The known issues/limitations in OFS Behavior Detection Release 8.1.2.3.0. are as follows.

Table 2: List of Known Issues

 

Component

 

Bug ID

 

Description

BD

34834749

The help button information on the alert details page is incorrect.

CTR

34888031

The below grids do not get refreshed post the first action taken after login to the application

          Exemption Address section- when Add or Remove action is performed, the Exemption Address grid does not refresh.

          Transaction section- when the Remove action is performed, the Transaction grid does not refresh.

The tabs are reloaded correctly when these grids are refreshed the second time.

AML

33410918

Previously, the Threshold Editor (Admin Tools UI) could not run the Sequence Matcher scenario with custom threshold for TEST run. This issue has been fixed. Now, users can run the Sequence Matcher scenario with custom threshold for TEST run. Existing issues are as follows:

          The fix does not work for an existing custom threshold set of Sequence Matcher scenarios. In this case, the user would have to create new set of custom thresholds post patch application.

          Pattern name for Sequence Matcher scenario appears as 'null' in 'Scenario Test Execution' window.

          Pattern name appears as '-' in �Review Test Scenario Results� window for Sequence Matcher scenarios.

AML

33410918

Existing issues in Review Test Scenario Result Screen (Admin Tools UI) are as follows:

          Match information icon (downloadable Excel) should be in grey color and disabled till the job is in �Running� Batch status. However, this icon is enabled irrespective of Batch status. Do not download an excel report for jobs having Batch status other than �Finished�.

          The Threshold values pop-up window for job entries in �Running� Batch Status is blank.

          The Review Test Scenario Result page may incorrectly display for some scenarios when multiple jobs are assigned to a single template ID. One job will be completed with 'Finished' status and will display the count of matches. Other jobs will be in 'Running' Status and the count displayed will be '0'. When executed with a single job mapped with the template group ID, the result will display correctly.

 

 

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