1.2 Release Highlights

This topic provides the information on the release highlights added to the product in this release.

The scope of the current Oracle Financial Services Lending and Leasing release is to deliver the following enhancements:

Table 1-1 Enhancements

Enhancement Description
API Changes
  • Configurable REST API Request/Response Parameters via User Defined Tables (UDT)
    1. Currency GET Service
    2. Account GET Detail Service
    3. Servicing & Collection Summary APIs
  • Generic GL API Service
    1. API allows the user to CREATE record in the GL table using POST service.
    2. If API POST transaction is successful, system inserts a comment with 'System Defined' = Y value.
Cross Company – Multi Currency TRADE support Support of TRADE transaction on different companies having different currency
Charge Off balance column in the Non Performing balances The enhancement handles the non-performing balance derivation, so it consumes the posted charge-off amount by balance type, adds a Charge Off display column in the Non-Performing Balance tab, and recalculates both the balance-type amount and the non-performing total so they remain synchronized with the current
Upfront/Stream definition at Tax level Tax Method and Tax Mode fields placed at part of Tax Definition, so that user can define multiple taxes with the combination of Upfront or Stream
Files – Delete Facility
  • Provided facility to delete the files due for upload i.e., until the files are being mapped to application or account.
  • Provided facility to delete the files uploaded to Application or account.
Batch Job & Job Set Changes
  • Multiple Flags added to Batch jobs and scheduler to handle the job exceptions.
  • Changes done in Setup  Batch Jobs and System Monitor Screens.
    • Flag to exclude batch jobs execution at EOD.
    • Facility to select multiple parents for job to create dependency.
Off Military Duty for Paid off Loans Support of posting off military duty transaction for Paid off loan accounts.
GL Setup – Copy Facility Copy facility provided to copy GL configuration of one company.
Incoming/Outgoing File Process – SFTP-CFS Support OCI Object Storage Integration for OFSLL Application w.r.t File Procesing.