Forecast Method - Rollover with new add
Allows users to allocate runoff (principal redemption) as new business and designate new business amounts.
Allows users to designate a forecast node’s runoff (from one or more categories) as a new business either to itself or to one or more foreign nodes at any percent at any time in the forecast. Also allows users to designate “New Add” business growth (a specified amount of growth) for the forecast node.
Business Benefit:
This feature allows users to precisely allocate redeemed principal as funded new business in addition to specified new business.
Steps to Enable
You don't need to do anything to enable this feature.
Key Resources
- Oracle Financial Services Asset Liability Management Cloud Service User Guide