1 Release Highlights

This topic list teh highlights of release enhancements.

The rationale for the product release of Oracle Banking Origination Release 14.7.2.0.0 is to further enhance the origination features of the existing products supported such as Savings Accounts, Current Accounts, Credit Cards, Term Deposits and Loans and help improve the competitiveness of our product in the market.

Following are the features included in the release along with forward porting of applicable fixes related to the incidences reported in previous versions and technical qualification to comply with approved Tech Stack.

Customer consent email preference, phone number & fax details capture.OBO has replaced ALTA theme to Redwood theme.

• Ability to integrate with Oracle Banking Accounts to originate Term Deposit for Retail customers (Individuals)
• Ability to integrate with Oracle Banking Accounts to originate Current and Saving accounts for Small and Medium Business customers
• Ability to schedule bullet repayment
• Onboarded Guarantor Details are made available in the Host
• Ability to edit and view the Stake Holder details
• Ability to generate the welcome letter by e-mail
• Enhancements in application document generated by the system
• Ability to send last contact date to Oracle Banking Party
• Ability to search a party with advance parameters
• Enhancements in inquiry and view the application details
• Ability to capture contact details for party
• Ability to select the state based on the State Maintenance configuration in Address Details section.
• A new Account Funding stage introduced in Checking or Saving account opening process.
• Ability to capture Suffix details for a customer
• Ability to capture residential address as a mandatory address
• Support for additional types of Operating Instructions for Individual Accounts
• Link Service Member Details or Insider Details in Relationship tab
• US Localization Enhancements.