2 What is New in This Release for ALM Application

Oracle Financial Services Asset Liability Management release v8.1.2.2.0

This section lists new features and changes in Oracle Financial Services Asset Liability Management release v8.1.2.2.0.

• Stratification Support for Partial Aggregation: Stratification Engine now supports Partial Aggregation. If Customers want to aggregate the accounts falling only under Tier criteria but want to move left over accounts as is from source to destination table without aggregation, they can do the same. Also, a new check-box (Apply Column Mapping for Non Aggregated Accounts) is introduced to choose to apply column mapping given in the Aggregation tab or not.
• Non-Maturity Model: User selects a projection period over which current balance will be decaying and eventually become zero. Sometime, at the end of projection period there is some left over balance, calculations are enhanced to account for this left over balance as well, while calculating instrument's weighted average life.

Oracle Financial Services Asset Liability Management release v8.1.2.0.0

This preface lists new features and changes in Oracle Financial Services Asset Liability Management release v8.1.2.0.0.

• Non-Maturity Products Modeling: Helps to create a model that can calculate core/volatile balance for non-maturity products portfolio; based on historical end of period balances available from these products. You can define non-maturity behavior pattern based on model outputs like how much is core, how long core will be available based on decay rate profile generated by the model. These in-built PYTHON models can help you manage, funds available from non-maturity products more precisely to enhance your profitability.

  For more information, see the Non-Maturity Products Modeling section.

• Cash Flow Edits: A redesigned Cash Flow Edits is available to check quality of input data and cleanse it. In addition to a fresh user interface, rules are categorized into multiple groups/sub-groups. User can select one or more group/sub-group to execute on the selected data. For a customer upgrading from prior release of ALM, both old and new Cash Flow Edits are available to maintain continuity. A fresh installation of ALM 8.1.2.0.0 will only have the new Cash Flow Edits. Overtime, all customers are expected to move to the new version.

  Note:

  Source table selected in Cash Flow Edits Process must contain unique index. Execution will fail if unique index is not present in table.

  For more information, see the Cash Flow Edits section.

• Hybrid Curve IRC: New curve types added - Custom Weighted Average, Maximum, and Minimum.

  For more information, see the Interest Rates section.

• Discount method to include EIR: EIR is now included as a discount method in the Discount rule.

  For more information, see the Discount Methods section.

• IRRBB Fixed Margin cash flow: Interest Rate Gap has been enhanced to include the margin cashflow post reprice of an instrument to maturity via new financial elements.

  For more information, see the IRRBB section.

• IRRBB Scalars: Added a user interface in Calculation Elements to access Standardized Approach parameters including shock amounts by currency and prepayment/early redemption scalars.

  For more information, see the ALM Processing section.

• Prepayment Rule - User Defined Tenor: Ability to add a prepayment model to the user defined tenors in a prepayment rule is now supported.

  For more information, see the Prepayment Rules section.