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Oracle Financial Services Analytical
Applications Infrastructure Extension Pack v8.1.1.0.0 Release
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Description
OFS AAIEP
8.1.1.0.0 RELEASE
The Oracle
Financial Services Analytical Applications Infrastructure Extension Pack (OFS
AAIEP) v8.1.1.0.0 adds a set of new advanced features to the existing features
in OFS AAIEP v8.1.0.0.0. This pack can be installed on an OFSAA instance having
one or more OFSAA application packs.
Information
About Licensing and Installation
The features and
functionalities offered by OFS AAIEP require the procurement of an additional
license.
NOTE: If the OFS AAIEP license is
installed in previous versions of OFSAA, skip the installation steps mentioned
in this document.
For detailed
instructions on installing this version of the OFS AAIEP, see the Oracle
Financial Services Analytical Applications Infrastructure Extension Pack
Installation Guide 8.1.1.0.0.
Features
in this Release of the OFS AAI Extension Pack
In this release of the Oracle
Financial Services Analytical Applications Infrastructure Extension Pack (OFS
AAIEP) 8.1.1.0.0, the following advanced features and functionalities have been
added:
· Analytic
Pipeline and Process Models
NOTE: For information about existing features in the
previous releases, see the release notes on the Oracle Help Center.
Analytic Pipeline and Process Models
The Oracle Financial Services Process
Modelling Framework (PMF) has been enhanced to bring additional capabilities
which are described as follows.
· Supports interleaving of automated
paths or swim-lanes with Human Decision Tasks such as approval of computes
before progressing with further computes.
· Categorization of Pipelines
This release
application categorizes and updates the pipeline types appropriately depending
on the nature of tasks that are being orchestrated for the following Pipelines:
§ Workflow Pipeline
§ Run Pipeline
§ Sub-Run Pipeline
§ Business Process Pipeline
For more
information, see the Categorization of Pipelines section in the Oracle
Financial Services Analytical Applications Infrastructure Process Modelling
Framework Orchestration Guide.
· Run pipeline enables choreography of
analytical jobs or Run Pipeline.
· Workflow Pipeline enables
choreography of human decisions, automated system tasks, and external calls.
· Analytical or Business Process
Pipelines enable the interleaving of automated paths through the choreography
of analytical tasks with human decision tasks. These pipelines can be
interleaved with swim lanes within a process model orchestration.
· Attribution Analysis
The Oracle
Financial Services Attribution Analysis is a solution that is integrated with
the PMF Application to specially address the following requirements for
financial institutions:
§ Compare runs by modifying a variable
from a list of variables. In other words, compare the execution runs in models
by varying one factor and studying the impact on other factors that are linked
to it.
§ Analyze reports based on the
comparison.
For more
information, see the Oracle Financial Services Attribution
Analysis User Guide.
For more information about the
preceding features, see the Oracle
Financial Services Analytical Applications Infrastructure Process Modelling
Framework Orchestration Guide.
Event-Based Orchestration
This brings the capability to trigger
further execution paths based on the occurrence of an event.
The Event Framework integrated into
PMF is an event-driven messaging framework that uses Apache Kafka (messaging
server) to process information asynchronously and in near real-time. Producers
that are either external applications or PMF internal processes, send messages
(notify about an event occurrence) to Kafka Topic(s). Consumers, which are
internal processes within PMF that are choreographed within the pipeline, read
the messages from Kafka Topic(s) and execute other events or activities
configured in the PMF pipelines. The framework uses the REST transfer protocol
to send messages and the JSON data format to construct the messages.
The Consumer and Producer widgets are
enabled on the PMF Canvas on the application of this release. This allows users
to perform event-based orchestration within PMF.
For more information about the
preceding features, see the Oracle
Financial Services Analytical Applications Infrastructure Process Modelling
Framework Orchestration Guide.
Data Maintenance Interface
Data Form Designer
·
Designer allows the user to design a form to
maintain the underlying data.
Data Maintenance
·
This allows the user to maintain the design
either through the form that has been defined using Form designer or do a Bulk upload
using the Excel upload mechanism.
·
A strong data governance process is enabled through
an approval workflow of the data maintained.
For more details, refer to Data Maintenance Interface.
Oracle Financial Services Software
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