4.1.2 User Extension Support

User Extension Support (or otherwise also called as Support for Custom PLSQL) is a new capability under Profitability and Balance Sheet Management Cloud Service (PBSMCS). This feature allows customers to extend the functionality of the cloud service via custom PL/SQLs. This new service will allow customers to introduce custom PL/SQLs (with appropriate restrictions and controls) into the cloud service, to complement/extend current calculation capabilities, in order to cater to various regulatory, central bank and management requirements.

Financial Institutions are required to meet various statutory, regulatory and management reporting requirements that are released by the central banks of the geographies in which they operate. Quite often, these requirements are specific to the given region, and more importantly, compliance with these regulations are time bound. PBSM intends to allow customers to introduce custom PL/SQL code into the cloud services that helps them meet these statutory, regulatory or even internal compliance requirements.