Oracle Financial Services Capital Adequacy Pack v8.0.7.0.0 Maintenance Level Release #1 (8.0.7.1.0)

 

Description

OFS CAP Application Pack 8.0.7.0.0 Maintenance Level Release #1 (ID 29823983)

This Maintenance Level Release (ML) of OFS CAP is cumulative of enhancements and bug fixes done since the 8.0.7.0.0 Minor Release.

Prerequisites

The minimum patch set level should be OFS CAP 8.0.7.0.0.

 

How to Apply This Maintenance Release?

For detailed instructions on installing this Maintenance Level Release, refer to OFS CAP Installation Guide 8.0.7.1.0 in OHC Documentation Library.

 

NOTE

In an environment consisting of multiple OFSAA applications, if the October 2020 Critical Patch Update is applied for any one application, it is mandatory to apply the respective October 2020 Critical Patch Updates for all other applications on that OFSAA instance, regardless of the application’s version. See the My Oracle Support Doc ID 2724021.1 for details.

 

Oracle Financial Services Capital Adequacy Pack Applications

This section includes the new features, bugs fixed and known issues/limitations in OFSCAP:

·         New Features in This Release

·         Known Issues in This Release of OFS CAP

 

New Features in This Release

The following enhancements are introduced in this release to cater to Large Exposure Framework for India Jurisdiction.

India Jurisdiction (RBI)

The RBI has issued guidelines to be followed by the banks for the compliance with the Large Exposure Framework. These guidelines are by and large compliant with the changes issued by the Basel committee. (BIS).

The OFS Financial Services Basel Regulatory Capital 8.0.7.1 release incorporates the compliance with this guideline. This is applicable for all the banks and is compliant with banks as part of both solo and consolidation run.

 

Known Issues in This Release of OFS CAP

Bug ID

Description

29823237

IND - LARGE EXPOSURE FRAMEWORK -10% CCF FLOOR FOR OFF BALANCE SHEET EXPOSURES

29823660

IND - LARGE EXPOSURE FRAMEWORK - EXPOSURE CALCULATION FOR OPTIONS (TRADING BOOK)