1.1 Release Highlights

The rationale for the release of Oracle Banking Trade Finance Process Management version 14.8.1.0.0 is to support regulatory requirements and enhance features that are essential in competitive 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.

1. Guarantees / Stand-by-LCs

   - Counter Guarantee amount and expiry date validations

2. Trade – Common Feature
   1. Structured / Hybrid Address
   2. Commission Collection Method
   3. Single Collection Cycle for Commission and Commission Advice
   4. SWIFT Certification changes
   5. Account Receivable override
   6. Debit and Credit advice changes
   7. Transport Mode changes