Web Service Call for Provision Calculation

The Web Service call option is used to calculate the provision amount for impaired accounts. Specific Allowance, NPV Allowance, and Recoupment schedule are calculated based on the expected Cashflow, its present value, and potential NPV allowance, at each recoupment using the Expected Cash Flow Method.

The following illustration depicts the architecture of the OFS Loan Loss Forecasting and Provisioning application web service call.

Figure 34-1 The LLFP Web Service Architecture

The LLFP Web Service Architecture In this approach, a new run, comprising of only the expected cashflow method for provision calculation is created. This is triggered through a web-based online call by the OBP collection module. In a day, multiple calls are made to the provision calculation run by managers handling different sets of accounts. At times, multiple calls are also made for the same account.

In this approach, a new run, comprising only the expected cashflow method for provision calculation is created. This is triggered through a web-based online call by the OBP collection module. In a day, multiple calls are made to the provision calculation run by managers handling different sets of accounts. At times, multiple calls are also made for the same account.