Quick Tour

The following table provides a bird's eye view of the tasks and the order to execute these tasks using the application. Click the links to read the details of each task. You can use the links on this page to help you immediately begin using Oracle Financial Services IFRS 9 Solution Cloud Service.

Table 2-2 Quick Tour

Application Configuration
1	Configure the application preference and global preference	Configure the Application Preference, and Global Preference by using the Preferences screen.
2	Configure/load the mandatory dimensions	a. Create a legal entity dimension, members, and hierarchy.
		b. Create the organization unit dimension members and hierarchy.
		c. Create the product dimension members and hierarchy.
		d. Update or validate the out-of-the-box customer type dimension members.
3	Configure/load the optional dimensions	Create the dimension members and hierarchies (only for key dimensions)
4	Configure/load the external and Internal ratings	By using the dimension management UI or by using the Dimension Data Loader, create external and internal ratings.
5	Dimension loader	The Dimension Loader provides the option to load all required dimension members, attributes and hierarchies from a text file instead of creating them via the Dimension Management screen.
6	Configure the cashflow reference data	a. Define and load the interest rate curves.
		b. Define and load the economic indicators.
		c. Define and load the holiday calendars.
7	Configure cashflow assumptions	Configure the forecast rates.
		Configure the reprice patterns.
		Configure the behaviour patterns.
8	Currency and currency exchange rates	Activate the applicable currencies from the out-of-the-box provided currency list.
9	Configure the Modelling set	Configure the modelling set for the required legal entity and organization unit.
10	Create additional Economic Scenarios	Create Economic Scenario members by using the Economic Scenario via the Dimension Management UI.
	Configure the Economic Scenario Rules	Configure the Economic Scenario Rule and define the weightages for each economic scenarios.
	Configure the Rating Mapping Rules	Configure the Rating Mapping Rules to define multiple rating preferences and External to Internal Rating mappings.
	Configure the Stage Determination Rules	Configure the Stage Determination Rules.
	Configure the Curing Rules	Configure the Curing Rules.
	Configure the Account Classification Rules	Configure the Account Classification Rules.
	Configure the Term Structure Rules	Configure the Term Structure rules for the PD, LGD, and CCF Term Structures and inputs required for each term.
	Configure the Provision Matrix Rules	Configure the Provision Matrix Rules and input values for 12 Month and Full Life Provision Rate.This is required if the Provision Matrix or Forward Exposure methods are used for the Expected Credit Loss Calculation.
	Configure the Term Structure and Provision Rate Assignment Rules	Configure the Term Structure and Provision Rate Assignment Rule and define the require term structure to be used for each Product and Customer Types.
	Stage determination & Account classification Process	Configure the Stage Determination and Account Classification Process. The Term structure and Provision Rate Assignment Rule mapping is required if the PD , LGD , CCF or Provision Rates are not provided as a download. It is expected to be derived from the PD , LGD , CCF Term Structures and Provision Rates that are provided via the UI.
	Configure the Amortization Rules	Configure the Amortization Rules.
	Configure the ECL and Amortization Process	Configure ECL Amortization Process and define ECL method for each prodcut and customer type.
	Define the Cashflow Edit Rules (Optional)	Define cashflow edit rules for validating and cleansing Instrument Tables.
Data Load
	Load Instrument data	Load the instrument data from the text file by using the Data File Adminstration and Operation And Processes-Scheduler UI.
	Load the rating data	Load the origination and current external ratings data from the source files by using the Data File Adminstration and Operation And Processes-Scheduler UI.
	Load the transation data	Load the detail transaction data from the source files by using Data File Adminstration and Operation And Processes-Scheduler UI.
	Load Mitigant data	Load the mitigant data from the source files by using the Data File Adminstration and Operation And Processes-Scheduler UI.
	Load ECL Component data	Load the ECL component data from the source files by using the Data File Adminstration and Operation And Processes-Scheduler UI.
	Data Quality Framework (Optional)	Users can create data quality rules and run the same to validate the data loaded in the staging area before promoting it to the processing data layer.
	Data Maintenance Interface (Optional)	Data Maintenance Interface (DMI) helps to design a Data Form in a user-specified format. Further, it allows to perform maintenance activities using the Designed Form.
Process Executions
	Cashflow Edit Process (Optional)	Users can define the Cashflow Edit process to run the already defined Cashflow Edit Rules.
	Execute the Interpolation and Extrapolation Batch	Ensure that Bucket Frequency and Maximum Extrapolation Period in Years are defined in the Preference UI before executing the Interpolation and Extrapolation batch.
	Execute the Stage Determination and Account Classification Process	Execute the Stage Determination and Account Classification Process from the Operation And Processes > Scheduler > Stage Determination and Account Classification Process UI or the Operation And Processes>Scheduler> Scheduler UI.
	Override Stage and Account Clasification(Optional)	Override Stage and Account Clasification by using the Override Screen Maker and Override Screen Checker UI.
	Execute the ECL and Amortization Process	Execute the ECL and Amortization Process.
Results/Reports
	Stage Overview Reports	This report depicts the count and percentage of the count of accounts across various stages.
	Stage Comparison Reports: Stage Transition Reports	This report provides the count and percentage movement of accounts between two dates.
	Stage Comparison Reports: Stage Trends Reports	This report displays the count and percentage of accounts across stages and dates.
	Account Classification Overview Reports	This report depicts the count and percentage of the count of accounts across various account classifications.
	Amortization Reports	This section details the Amortization reports. These reports also cover important measures like Modification Gain/Loss, Deferred Balances, and Amortization Cost.
	Expected Credit Loss Overview Reports	These reports cover the measures like Allowance, Provision, ECL, EAD, and Impairment gain/Loss. These reports also cover the impact of stage reassignment on ECL.
	Expected Credit Loss Trends Reports	This report displays the ECL-related measures in percentage and absolute terms across IFRS 9 stages and dates
	Expected Credit Loss Detailed Reports	This report displays the number of accounts, Allowances, Provisions and ECL in absolute terms across IFRS 9 stages. This report displays the number of accounts, Total carrying Amount, Total undrawn Amount and Exposure At Default in absolute terms across IFRS 9 stages.