8.2.122.2 Module Usage

Oracle ALM

Oracle ALM references RATE_CHG_RND_FAC when calculating a Forecasted Interest Rate, and contains the value to which Forecasted Interest Rates are rounded. RATE_CHG_RND_FAC is used in conjunction with RATE_CHG_RND_CD.

For existing business adjustable-rate records, the Cash Flow Engine matches the REPRICE_ FREQ, INTEREST_RATE_CD, and the reprice date to the information contained in the Forecast Rates assumption rule. This is to assign a Forecasted Rate. The margin is then added to this Forecasted Rate. Any rounding (RATE_CHG_RND_CD and RATE_ CHG_RND_FAC), rate caps/floors, and tease periods are applied, and the resulting rate is applied to the record as the Record's Repriced Rate.

Oracle Funds Transfer Pricing

Oracle Funds Transfer Pricing does not reference RATE_CHG_RND_FAC because it processes Cash Flows within repricing periods.