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Oracle Financial Services
Asset Liability Management (OFS ALM) Application Pack v8.1.2.0.0 Maintenance
Level Release (8.1.2.11.0)
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OFS Financial Services Asset Liability Management (OFS ALM) Application Pack is a separately licensed product.
Description
Bug 39056281 - Oracle Financial Services Asset Liability Management (OFS ALM) v8.1.2.11.0 Maintenance Release.
Pre-installation Requirements
The minimum patch set level must be OFS
ALM Application Pack v8.1.2.0.0.
Installing
this Release
For detailed instructions on installing this Maintenance Level Release, see OFS ALM Installation Guide 8.1.2.11.0. AAI 8.1.2.6.0 automatically installed with ALM 8.1.2.11.0.
Bugs Fixed in this Release
The following bugs are fixed in this Release.
|
Sl.No |
Component |
Bug Number |
Description |
|
1 |
CALCENG |
38461877 |
FORWARD PORT OF BUG 38414559 - INTEREST
ACCRUED FE 440 HIGHER IN FIRST BUCKET WITH PREPAYMENT VS NO PREPAYMENT Functional Changes: When early redemption with user-defined tenor is used,
during first accrual event, last payment date was getting derived using
payment frequency and next payment date instead of directly using last
payment date from data. A code fix has been implemented to address this
issue. This affected Financial Element 440. |
|
2 |
CALCENG |
37786521 |
FORWARD PORT OF BUG 37720533 - ALM 8.1.2.2:
TOTAL AMOUNTS FOR FE711 IN RES_DTL AND FSI_O_PROCESS_CASH_FLOWS TABLE ARE
NOT MATCHING Functional Changes: #### Issue ####: For FE711, a NaN
value is generated for some cash flows, causing a mismatch in the aggregated
bucket value compared to the FE711 cash flow value. ##### Root Cause ####: The NaN value
for FE711 occurs because, during cash flow calculation, the formula used to
determine FE711 relies on the Floor_Strike value,
which is derived as follows: Floor_Strike = Coupon_Rate - RATE_DECR_CYCLE The Coupon_Rate
depends on cur_gross_rate, which, in turn, fetches
its value from cur_net_rate. Currently, cur_net_rate is set to `0` in the instrument table for a
few instrument IDs. Since Coupon_Rate is 0, the Floor_Strike value becomes negative. As a result, when
calculating FE711, the formula encounters: log(ForecastBenchMarkRate} /Strike) This leads to an
INVALID_VALUE or NaN output when: - Strike = 0,
making the division undefined. - ForecastBenchMarkRate
/ Strike results in a negative value, causing an invalid logarithmic
operation. ##### Fix #####: The following code fixes have been
implemented: 1. In the expression log(ForecastBenchMarkRate / Strike), if Strike = 0, it will
be replaced with 1 to avoid division by zero. 2. In the expression log(ForecastBenchMarkRate /
Strike), if ForecastBenchMarkRate / Strike
evaluates to a negative value, the logarithmic result will be replaced with
0.001 to prevent invalid operations. |
|
3 |
CALCENG |
38292485 |
Functional Changes: Interest accrual FE 440 results were not coming
expected for case with Holiday Calendar and shift dates, Code fixes have
been added to address it. |
|
4 |
CALCENG |
37212256 |
FORWARD PORT OF BUG 37097537 - EARLY REDEMPTION
INTEREST CASH FLOW AND MV WITH VARIABLE RATE TERM DEPOSITS Functional Changes: Following the early redemption event, the incorrect
interest cash flow was calculated. Necessary code corrections have been made
to address this issue. |
|
5 |
CALCENG |
38284465 |
FORWARD PORT
OF BUG 37289704- FORMULA RESULTS FOR CUSTOM FINANCIAL ELEMENT NOT OUTPUT
TO TABLE IN 8.1.2. Functional Changes: NA |
|
6 |
CALCENG |
38284479 |
FORWARD PORT OF BUG 37784873- ALM 8.0.7.4
CASHFLOW DESCREPANCY - INTEREST (FE430) NOT GENERATED FOR SOME SCHEDULE DATE Functional Changes: Code fixes have been added to address Compound Rate
formula for schedule and non-schedule amortization types that are made
different to handle stub period. In case of non-schedule Rate Per Payment is
calculated for payment frequency and it must be adjusted for any difference
in actual interest calculation period. |
|
7 |
CALCENG |
37827011 |
FORWARD PORT OF BUG
37571263 - FE 660 FAILS TO GENERATE CASHFLOWS FOR THE FIXED TIER IF THE 1ST
TIER IS FIXED AND 2ND IS FLOATING Functional Changes: Code fixes have been added to address the issue where
FE 660 was not generating correct cashflows for the fixed tier if the 1st
tier is fixed and 2nd is floating |
|
8 |
CALCENG |
39057009 |
FORWARD PORT OF BUG 38740257 - NO NEW
BUSINESS GOT GENERATED FOR STOCHASTIC PROCESS Functional Changes: The code utilizes individual runoff FEs
(190, 180, 195, etc.) to generate new business. However, Financial Elements
related to behaviour patterns (200�209) were not passed to the Stochastic
process. Only the total runoff FEs (210, 211) were available, which resulted
in new business not being generated. This has now been addressed by
including FEs 200�209 in the Stochastic processing. For the Deterministic
process, this functionality was already in place. |
|
9 |
CALCENG |
38785226 |
ALM PROCESS SHOULD END IN FAILED STATUS WHEN SIGNAL 6
AND CORE DUMP OCCURS Functional Changes: The technical exit conditions of the processes are
corrected to resolve the issue. |
|
10 |
CALCENG |
39275417 |
FORWARD PORT OF BUG 38334874 - PREVIOUS
BUSINESS DAY HOLIDAY ROLLING CONVENTION IS NOT WORKING FOR PAYMENT PATTERN Functional Changes: When using the Previous Business Day
holiday rolling convention, the current date could be adjusted backward
(e.g., from a holiday like 26-Jan to 24-Jan). The existing logic in
Synchronize compared current date with the input date to determine whether
to advance to the next event. This caused incorrect advancement of current
event, leading to skipping of valid scheduled events (e.g., 26-Feb) when
synchronizing on the rolled date. Code fix is done to handle the issue. |
|
11 |
CALCENG |
39275406 |
FORWARD PORT OF BUG 38423093 - ALM
8.1.2.2: FE 430 DIFFERENCE COMING AFTER ALM 8.1.2.2.18 CONSOLIDATED PATCH Functional Changes: The accrual factor for the last cash flow date, which
occurred on the maturity date, was calculated incorrectly due to a leap year
vs. non-leap year issue. A code fix has been implemented to address this. |
|
12 |
CALCENG |
39275387 |
FORWARD PORT OF BUG 38616588 - 8.1.2
PREPAYMENT ISSUE AFTER APPLYING THE PATCH # 37344377 Functional Changes: Issue was observed in instrument with
tiered interest rate. While switching to the highest rank, the
prepayment overflow was not adjusted for the current highest-rank tier
account. A code fix has been implemented to address this issue. |
|
13 |
UI |
FORWARD PORT OF BUG 38233514 - ALM 8.1.2: TRANSACTION
STRATEGIES - RUN OUT OF MEMORY FOR LARGE TRANSACTION BATCHES Functional Changes: Issue is fixed by removing the additional
knockout binding for the TS object which was not required on loading the
screen. |
|
|
14 |
UI |
FORWARD PORT OF BUG 38219496 - PREPAYMENT DETAILS FAIL
TO LOAD WITH MULTIPLE FOLDERS AND USER DEFINED TENORS OPTION Functional Changes: issue
was fixed by correcting the IDs of the UI to resolve UI error |
|
|
15 |
UI |
FORWARD PORT OF BUG 38263844 - ALL NEW BUSINESS
METHODS LISTED WHEN EDITING EXISTING NODE DEFINITION IN FORECAST BALANCE Functional Changes: Issue is fixed by adding the method in edit mode to
get the correct list of methods on
user interface. |
|
|
16 |
UI |
37553723 |
FORWARD PORT OF BUG 37538353 - ALM
8.1.2.2: CHANGES TO BEHAVIOR PATTERN ARE NOT PERSISTED UPON SAVING Functional Changes: Update statement was not working as expected due to
mismatch in one of the variables. The value was not getting passed correctly
when not in use. Same is corrected to fix the issue |
|
17 |
UI |
38847212 |
ALM 8125 VOLATILE PERCENTAGE NOT APPLIED IN BEHAVIOUR
PATTERN WHEN CORE USES SAME TENORS Functional Changes: In Behaviour Pattern user can define same tenor more
than once. There must be validation in BP UI for it. Tenor and Multiplier
combination must be unique for non-maturity BP. For Devolvement Recovery and
Non-Performing BP, it will be unique for a behaviour sub-type. This issue is fixed by adding required validations. |
|
18 |
UI |
38862640 |
STANDARDIZED
IRRBB SHOCKS - UI ISSUES Functional Changes: labels
are corrected |
|
19 |
Data
Model |
39217876 |
ASSET
LIABILITY MANAGEMENT 8.1.2.11.0 - ERWIN DATA MODEL Functional Changes: NA |
|
20 |
Data
Model |
39217903 |
ASSET
LIABILITY MANAGEMENT ANALYTICS 8.1.2.11.0 - ERWIN DATA MODEL Functional Changes: NA |
|
21 |
CALCENG |
39527024 |
FORWARD PORT OF
BUG 39226661 - ALM MONTHLY 28TH PAYMENT PATTERN SHIFTS TO EOM Functional Changes: Rate-tier cash flow generation has been updated to use payment pattern event dates for user-defined
payment pattern amortization types instead of advancing the next payment date using payment frequency.
This preserves the schedule defined in FSI_PAYMENT_PATTERN_EVENT and prevents monthly 28th
payment pattern dates from shifting to month end. |
|
22 |
SCRIPTS |
39565606 |
FORWARD PORT OF ENH 39292201 - POPULATE DV01 IN ALM REPORTING TABLES VIA STANDARD BI TRANSFORMATION PACKAGE Functional Changes: The reporting tables FCT_AGG_BASE_CCY_ALM_MEASURES and FCT_AGG_CONS_CCY_ALM_MEASURES
have been enhanced to include values for the following attributes:
N_DV01, N_CUR_BAS_RISK_COST_RATE, N_CUR_LIQ_PREM_RATE, N_CUR_OTH_ADJ_RATE, N_CUR_PRIC_INCENT_RATE
Although these attributes were already being computed as part of the processing workflow,
their values were not previously propagated to the above reporting tables.
This enhancement ensures that the computed values are now carried forward
and made available in the reporting tables. |
|
23 |
CALCENG |
39714279 |
FORWARD PORT - CONDITIONAL ASSUMPTIONS FOR TP CALCULATION ARE NOT TAKEN INTO ACCOUNT Functional Changes: Added a conditional assumption evaluation method to the code to support conditional assumptions. |
|
24 |
CALCENG |
39762772 |
FORWARD PORT TO 8.1.2.11.0 -FOR BUG 39145414 - MISSING INTEREST CASH FLOW WHEN PREPAYMENT DATE COINCIDES WITH SCHEDULED INTEREST DATE Functional Changes: The issue has been addressed with this patch.The Interest cash flow (FE 430) is calculated and generated up to the prepayment date, even when the interest payment date and prepayment date coincide. |
|
25 |
CALCENG |
39764179 |
FORWARD PORT - BUG 39131395 - MCS: EARLY REDEMPTION MISCALCULATION WHEN USING MULTI FACTOR PREPAYMENT MODEL Functional Changes: Early redemption/prepayment events did not refresh PPArgs.RemainingTerm before prepayment table interpolation because they bypass payment_line preprocessing. RemainingTerm was left as 0, causing incorrect rates when the multi-factor prepayment model used Remaining Term as a table dimension. This has now been addressed by refreshing the relevant PPArgs term fields for early redemption and user-defined prepayment events before rate lookup. |
|
26 |
UI |
39594824 |
ALM 8.1.2.5: INTEREST ONLY OPTION IN DISCOUNT METHOD RULE IS NOT SAVED AND STILL SHOWS PRINCIPAL AND INTEREST Functional Changes: The UI fixes has been addressed, when trying to select Interest Only option in Discount Method rule and save, actual selection isn't saved. It is still shown as Principal and Interest. |
|
27 |
CALCENG |
39848928 |
FORWARD PORT - BUG 39847592 - WRONG RESULT GENERATED UNDER TRANSFER RATE CHARGE/CREDIT (FE 450) Functional Changes: Code fix is done to handle Reprice, Early Redemption, and Prepayment event cash flows while aggregating cashflow for FE450. |
|
28 |
CALCENG |
39890987 |
FORWARD PORT TO 8.1.2.11.0 OF BUG 39598535 - FE 440 (INTEREST ACCRUED) INCORRECT WHEN USER-DEFINED PREPAYMENT TENORS CREATE MULTIPLE SUB-PERIODS Functional Changes: Fixed incorrect FE 440 daily accrued-interest values when user-defined prepayment tenors create multiple sub-periods. |
Known Issues or Limitations in this Release
There are no Known Issues and Limitations in this release.
Oracle Financial Services Analytical Applications Infrastructure
See the Oracle Financial Services Advanced
Analytical Applications Infrastructure Application Pack Readme, for details on the new
features, list of bugs fixed, Known Issues, and Limitations.
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