8 OWS Migration
The existing Oracle Watchlist Screening (OWS) customer data must be migrated to Oracle Financial Services Customer Screening (OFS CS).
The OWS User Application provides Watchlist Management for a number of free and commercial watchlists and has default matching rules for Entity and Individual Sanctions and Politically Exposed Persons (PEPs) and for Country Prohibitions. For more information on OWS, see Oracle Watchlist Screening Implementation Guide.
Oracle clients using OWS must migrate the customer data from OWS to OFS CS while the OWS-related components and processes continue. Migrating the data from the OWS to CS provides continued functionality to the existing OWS clients without any data loss. OWS and CS share the same functionality except for the output.
- Closed Cases
- Alerts
- Watchlist data associated with Case or Alert
- Customer data associated with Case or Alert
- Comments and Attachments
- The OWS Workflow is not migrated.
- The EDQ rules are not migrated.
- In EDQ, the new projects will be a CS project. Any customization done on the OWS project must be done on the CS project.
If a new alert is generated for the customer and watchlist, it will be generated as a new alert, and you can view the migrated closed or resolved cases and their corresponding details. You cannot reopen a migrated case from OWS in CS.
Note:
- Migrating the customer data from OWS to OFS CS is a one-time activity.
- EDQ version 12.2.1.4.0 must be installed.