6.2.1 Creating Models

To create a new model:

1. Login to STSA.
   The Workspace Summary page is displayed.
2. In the Workspace Summary, Sandbox tab, launch the required workspace.
3. Click Building Blocks and then click Models.
   The Models Summary page is displayed.
4. Click Create New.
   The Model Definition page is displayed.
5. Select an existing or create a new objective (is a folder within which you can create the models) from the Objective drop-down menu.

   To create a new objective:

   1. Click the Add in new objective button.
   2. In the Objective Details pane:
      1. Provide a name, description and tag for the objective.

      Note:

      The objective tag is listed as scope in the model summary page.
6. In the Draft Details pane, provide a name, description and tag for the model.

   Note:

   The model description is displayed as purpose in the model summary page.
7. (Optional) In the Add Comments field, specify any additional notes or administrative comments related to the model draft.
8. (Optional) To prepopulate the draft details for a model, click the Use Templates option.

   The Use Template page is displayed.

   Note:

   If you have saved the details in the ftpshare path, these files are available for selection.

   Select the file from the Templates drop-down menu.

9. (Optional) To automatically prepopulate the draft details using components that already exist in the workspace, click the Pull from Workspace option.

   The Pull from Workspace page is displayed.

   This option retrieves available model-related definitions (such as instruments, assumptions, calculation rules, or other relevant artifacts) from the currently active workspace.

   Select the required items from the list to populate the corresponding fields in the model draft.

10. Click Submit.
    A draft record is created in the database and the model is set to draft state with version number as zero.

    Then, the pipeline designer page is displayed where you can build the model.

    For more information, see the Oracle Financial Services Model Management and Governance User Guide.

11. To save the model with the current status and build it later, click the save icon on the pipeline designer page.
12. After building or creating the model, click Publish.
    In the publish pipeline:

    1. Provide a description and the model technique name and a run version.
    2. (Optional) To attach any parameters, enable the toggle button and select parameters from the drop-down menu.
    3. Click Publish.

       The pipeline is published successfully.

       After publishing a model, a version number of the model is incremented to one from zero and the status of the model is changed to Published. And, this model is published to Data Catalog.

       However, the draft version of the model is still intact and the version number remain zero.

       Note:

       You cannot edit the published versions.
    4. To view the published version, return to the Models Summary screen.

       Note:

       You can send only the published models for Model Acceptance (for approval). For more information, see the Workflows for Models section.