11.2 Interest Optimization Simulation

This topic provides the information about the Interest Optimization Simulation maintenance.

Interest Optimization enables the bank to offer additional interest income to customers with accounts that have balances beyond a pre-set threshold. Bank will be able to set up currency wise interest rates that the pool of accounts would additionally earn if their balance is beyond the threshold amount. Bank can nominate an account where the additional interest income is credited.

1. On Home screen, click Oracle Banking Liquidity Management System. Under Oracle Banking Liquidity Management System, click Structure.
2. Under Structure, click IO Simulation.
   The IO Simulation screen displays.

   Figure 11-18 IO Simulation

   
   

   
   Description of "Figure 11-18 IO Simulation"

   
   

   For more information on fields, refer to the field description table.

   Table 11-16 Interest Optimization Summary - Field Description

   Field	Description
   Structure ID	Displays the Structure ID.
   Customer ID	Displays the Customer ID.
   Structure Description	Displays the description of the Structure.
   Threshold Currency	Displays the threshold currency.
   Authorization Status	Displays the authorization status of the record. The available options are: Authorized Unauthorized
   Record Status	Displays the status of the record. The available options are: Open Closed
   Modification Number	Displays the number of modification made to the record.

3. Click + button to create new interest optimization simulation.

• Create IO Simulation
  This topic describes the systematic instruction to create a new IO simulation in Liquidity Management.
• Edit IO Structure Summary
  This topic describes the systematic instructions to edit IO structures.