4.11 Party Identity Details

This topic describes the information about Party Identity Details.

• When party identity details for existing delinquent accounts are updated, the changes are loaded into the OBC staging area with RECORD_TYPE = 'U' (Update) or RECORD_TYPE = 'D' (Delete). An automated batch process then validates and processes these staging records and applies the corresponding updates to the main entity table. Each record is uniquely identified by the combination of Record Type, Product Processor, Party Number, and Identity Type.
• For RECORD_TYPE = 'U': Oracle Banking Collections checks whether a record exists for the specified Party Number and Identity Type. If a match is found, the record is updated; if not, a new record is inserted.
• For RECORD_TYPE = 'D': Oracle Banking Collections checks whether a record exists for the specified Party Number and Identity Type. If a match is found, the record is deleted; otherwise, the request is rejected with an appropriate error.