Overview of the Process

Oracle Financial Services Hedge Management and IFRS Valuations feature the ability for users to classify a financial instrument into any one of the prescribed valuation categories and to reclassify it as another on an as-needed basis in the future. The application supports the calculation of Effective Interest Rate (EIR) to amortize the premium or discount and additional fees related to the financial instrument. The solution also supports the fair valuation of on- and off-balance sheet financial instruments using a time-tested cash flow engine, common among other Oracle Financial Services Analytical Applications (OFSAA).