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Financial Services Credit Risk Analytics (OFS CRA) Application Pack version 8.1.2.0.0 Maintenance Level Release version 8.1.2.7.0 |
Description
ID 36981354: OFS CRA Application Pack v8.1.2.0.0 Maintenance Level Release (8.1.2.7.0).
This
Maintenance Level (ML) Release of OFS CRA includes enhancements and bug fixes
since the 8.1.2.6.0 release.
What is New
The 8.1.2.7.0 release introduces
substantial enhancements to Oracle Financial Services Credit Risk Analytics,
expanding data granularity, reporting performance, and reporting capabilities.
Key updates include:
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New Materialized Views:
o
Application Materialized View: Aggregates
application-level data across multiple dimensions, offering insights into
application origination and approval processes.
o
Credit Line Materialized View: Aggregates data
at the credit line level, capturing associated account data across dimensions,
allowing for detailed analysis of credit lines and their linked accounts.
o
Account Materialized View (Accounts Not Linked
to Credit Line): Provides aggregated measures for accounts that are independent
of any credit line, enabling targeted insights into standalone account
activity.
o
Aggregate Materialized View (Accounts Not Linked
to Credit Lines & Credit Lines): Merges data from both credit lines and
standalone accounts, offering a consolidated view of all financial facilities
extended by the institution.
o
Account Materialized View (All Accounts):
Aggregates data for all accounts, whether linked or unlinked to a credit line,
supporting account-level analysis across a wide array of over 50 dimensions.
This view enhances flexibility in reporting by enabling comprehensive
account-level insights regardless of credit line linkages.
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Performance-Driven Design Enhancements:
o These new materialized views are designed to improve report generation performance significantly by pre-aggregating data, making it easier to build high-performance, custom reports. Users can seamlessly create drill-down reports, navigating from portfolio summaries down to granular details such as parties, credit lines, accounts, and even linked child and grandchild lines.
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New Credit Line-Specific Tables:
o Additional tables now capture credit line-specific metrics such as outstanding balances, overdue amounts, and write-offs, providing precise data at the credit line level.
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Application-Specific Metrics:
o New metrics have been introduced for application-level analysis, allowing users to assess the performance of application processing, approval rates, funding, and credit risk factors for recently approved applications.
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Enhanced Rules with Customization Options:
o Newly created rules have replaced existing T2Ts, featuring advanced business and computational logic that support application processing, credit risk underwriting, risk monitoring, delinquency tracking, and new business analytics. Institutions can now tailor these rules to align with specific business processes and requirements.
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Upgraded RPDs for Enterprise and Retail Credit
Risk (ECR and RCR):
o
The RPDs now incorporate new metadata,
materialized views, and expanded subject areas, supporting enhanced data
exploration and reporting.
Known Issues/Limitations
|
Bug ID |
Bug Description |
Change Description |
|
37256492 |
MAX CURRENT BEACON BANDS (HCRA0096) ARE NOT GETTING FETCHED FROM CREDIT LINE VIEW (CRAMV02). |
Max Current Beacon Bands(HCRA0096 ) are not getting fetched from credit line view(CRAMV02) due to incorrect band and skey population in the run. |
|
37256531 |
REVISED LTV BANDS (HCRA0095) ARE NOT GETTING FETCHED FROM CREDIT LINE VIEW (CRAMV02) |
Revised LTV Bands(HCRA0095) is getting fetched from an incorrect column. |
|
37238847 |
HCRA0014-V_CREDIT_LINE_STATUS_DESC AT CREDIT LINE MV2 IS FETCHING INCORRECT STATUS CODE |
HCRA0014-v_credit_line_status_desc at credit line MV2 is fetching an incorrect status code. |
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