4.1.9 Product Characteristics

Product Characteristic Rules are used to define payment, pricing, and repricing characteristics for new business. These Product Characteristics are rules that are placed on MDBSS nodes to be used in Forecasting that instruct the Application on what key new business contractual and behavioral features are to be included, such as amortization, adjustable type, compounding, day count, and other key features.

The new business assumptions are based on the MDBSS structure and ALMCS key features. In ALMCS, Product Characteristics is for new business forecasting only and does not include any existing business assumptions.

As part of creating and editing Product Characteristic Rules, you assign product attribute assumptions to applicable products from the product hierarchy.

Note:

Oracle Asset Liability Management Cloud provides the option to copy, in total or selectively, the product assumptions contained within ALM business Rules from one currency to another currency or a set of currencies or from one product to another product or a set of products.

Topics

• Product Characteristic Summary Page
• Search Product Characteristic Rule
• Create a Product Characteristic Rule
• View and Edit Product Characteristic Rule
• Copy Product Characteristic Rule
• Delete Product Characteristic Rule