3.1 New Features in this Release

The following new features are incorporated in this release. For more information on the usage of these features, see the OFS Funds Transfer Pricing User Guide.

1. Implementation of RFR methodologies (CCR, NCCR): New method RFR Methodologies (Cumulative/Non-Cumulative Compounded Rate) is introduced to support IBOR transition. Method is enabled to use Rate Set Lag, to perform calculations as per given lookback/Lag period. Floor can also be set in UI, which wil be used while picking rates from given RFR curve.
2. Average life calculations based on Repricing Pattern: FTP Cash flow based average life method is enhanced to use repricing pattern for floating rate accounts. Users can define any customized repricing pattern for a account and system is capable of performing interest Cash Flow calculations considering changing interest rates as per the defined repricing pattern.
3. User Defined Tenor for Behavior Pattern Strips: Users have an option to define Tenor and multiplier for each strip for the concerned Behavior Pattern. System will calculate the strip percentage as per the selected model's decay profile and user -defined strip tenor.
4. Oracle Linux compatibility: Support for Oracle Linux 9 Server is included from this release onwards.