6.2 Creating a Holiday Calendar

Holiday calendars are created to capture holidays for a given date range for any organization. It is possible to create and use multiple holiday calendars.

1. In Oracle Financial Services Analytical Applications Infrastructure home screen select, Financial Services Liquidity Risk Management.
2. To open the Holiday Calendar window, select Liquidity Risk Management, then select Holiday Calendar on the Left-Hand Side (LHS) menu.
3. Click Add Holiday Calendar. The Holiday Calendar details page is displayed.
4. Enter a code value for the new holiday calendar.

   Note:

   The code is a numeric identifier for the holiday calendar. The code value must be a number between 1 and 99999. The code value you assign to the new holiday calendar must be unique.
5. Enter the name and a brief description for the holiday calendar.

   Note:

   The name you assign to the holiday calendar must be unique. Name can hold a maximum of 30 characters.
6. In the Holiday Properties grid, select not more than two weekend days. Then choose the Holiday Period. The Holiday Period can be defined for a range of up to 40 years less than the current date, and 40 years greater than the current date, totally spanning a maximum of 80 years.
7. In the Holiday Details grid, define the Holiday details for the any period within the holiday range defined in step 6. There are two types of holidays that can be defined, Fixed and Moving.A fixed holiday is one which is deemed as a holiday for every year in the holiday period, for that particular day.

   Example: 25th December – Christmas, is a fixed holiday.

   To define a fixed holiday, input the holiday date for the first occurrence in the date range. For example, if your Date Range runs from 01-JAN-2000 to 31-DEC-2050, you should input the fixed holiday, Christmas, as 25-DEC-2000. The holiday calendar procedure populates all the subsequent 25-DEC entries in the holiday list table (FSI Holiday List).

   The holiday calendar procedure ensures that holiday and weekend entries are not duplicated. For example, if weekends are defined as Saturday/Sunday and Christmas falls on a weekend day, there will be only one entry in the FSI Holiday List table.

   A moving holiday is one which is deemed as a holiday only for that particular date and year, and not for every year in the holiday period. All occurrences of a moving holiday must be input manually.

   Example, 20th August 2012 is a moving holiday on account of the festival, Ramzan

8. Once the holiday calendar definition is saved, its status in the summary page is marked as defined.
9. A holiday calendar created can also be deleted. Select one or more rows of holiday calendar definitions and click the Delete control.