2 New Features in This Release

This chapter describes the new features, bugs addressed, and known issues in this release of the OFS Funds Transfer Pricing application. Maintenance release patch: 39658084 - Oracle Financial Services Funds Transfer Pricing (OFS FTP) V8.1.2.11.0 Maintenance Release.

The following maintenance-release enhancements are included in OFS FTP 8.1.2.11.0.

Enhancement 3.1: Accrual type for breakage-charge calculations (Bug 39579960)

FTP Web Services now calculates accrued interest for breakage charges using the accrual type specified in the account or instrument data, rather than a fixed Actual/Actual (A/A) accrual type.

Enhancement 3.2: Full-precision economic cost through web services (Bug 39579901)

The number format is enhanced so that FTP Web Services returns the economic cost with full precision.

Enhancement 3.3: Control for spread-based breakage-charge calculations (Bug 39922413)

A new parameter in the Setup Parameter Master UI controls spread-based breakage-charge calculations. The default is No, which retains the traditional approach based on market value and book value. Set the parameter to Yes to enable the spread-based approach. The system calculates the spread between the market rate and the existing transfer rate and uses that spread to calculate future cash flows and the break-funding amount.