2.1 Release Highlights

The rationale for the product release of Oracle Banking Trade Finance version 14.9.0.0.0 is to support regulatory requirements and enhance features that are essential in competitive market.

Release 14.9 shall be the terminal release of Oracle Banking Trade Finance certified on Oracle WebLogic Server.

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.

• Documentary Collections
  • Bills Commission
  • Interest Rate Interpolation
  • Automation of Charges deducted and Net Amount in MT752
  • Display of accrual entries
  • Non-Conforming Reimbursement Claim
• Guarantees / Stand-by-LCs
  • Counter Guarantee amount and expiry date validations
  • Disabling SWIFT Character validation
  • Non-Extension Notification changes
• Trade – Common Feature
  • Structured / Hybrid Address o SWIFT 2026 changes
  • Commission Collection Method
  • Single Collection Cycle for Commission and Commission Advice
  • Arrear Commission on Reduced balance
  • Account Receivable liquidation during transaction processing
  • Reimbursement Undertaking
  • Trade Loans
  • SWIFT related changes
  • Vessel Tracking
  • Transport Mode changes
  • Corporate Cancellation
  • Debit and Credit advice changes