Oracle Logo

Oracle Financial Services Credit Risk Analytics (OFS CRA) Application Pack v8.1.2.8.0 CRA One-off Patch Release #3 (8.1.2.8.5)

Description

Patch ID 37855868: OFS CRA Application Pack 8.1.2.8.0 One-off Patch #5 (8.1.2.8.5).

The related documents are available in OHC Documentation Library for OFS CRA.

Pre-installation Requirements

The following are the prerequisites:

·       The minimum patch set level must be OFS Credit Risk Analytics 8.1.2.8.4.

How to Install this Release

To install the one-off patch, follow these steps:

  1. Log in to My Oracle Support, and search for 37855868 under the Patches and Updates tab.
  2. Download the 37855868_GENERIC.zip archive file and copy the file in binary mode, to a temporary folder on the server where the Credit Risk Analytics Pack (OFS_CRA) is installed.
  3. Extract the installer file by executing the command:

    unzip <file_name>.zip

  4. Navigate to the following directory:

    /OFS_CRA/bin

  5. Grant RWX (755) permissions to the setup.sh shell script by executing the command:

    chmod 755 setup.sh

  6. Execute the install command:

    ./setup.sh

  7. After the patch is applied successfully, navigate to the /OFS_CRA/logs directory, and verify the log file for any errors. In case of any issues, contact My Oracle Support.
  8. Stop all the OFSAAI Services. See Stop the Infrastructure Services in the OFS CRA Installation Guide for details.
  9. Restart all OFSAA app and web services. See Start the Infrastructure Services in the OFS CRA Installation Guide for details.

Bugs Fixed in this Release

The following bugs are fixed in this release.

Bug Description Change Description
Enhancement in Credit Line 1 yr PD by EAD population rule at Line level Add an additional BP in the rule which essentially derives Credit Line 1 yr PD by EAD by doing a summation of all the accounts linked to the credit line
LTV hierarchy will be included in High Risk Indicator rule at credit line level High Risk Indicator rule is required to have LTV hierarchy rule at both the credit line level and at the Accounts level
Remove YTD filter from Write Off amount computation rule at Line level We need to remove that filter from the rule and make it a direct sum
Enhancement in write off flag at accounts level At Accounts level, we need to add a flag to rule (CRARULE0011) that determines the flag based on the charge off amount at accounts level
Create a New Rule for computing TD SI NO # 557 - Average House Price We need to introduce a new rule to compute Average House price, this rule will have three BPs and two hierarchies