ORACLE. ORACLE FLEXCUBE Accelerator Pack 12.2 Product Catalogue FINANCIAL SERVICES. Integrated liquidity management

Size: px

Start display at page:

Download "ORACLE. ORACLE FLEXCUBE Accelerator Pack 12.2 Product Catalogue FINANCIAL SERVICES. Integrated liquidity management"

Loren Stevenson
5 years ago
Views:

1 ORACLE FLEXCUBE Acceleratr Pack 12.2 Prduct Catalgue Integrated liquidity management ORACLE FINANCIAL SERVICES Acceleratr Pack Prduct Catalgue Page 1 f 19

2 Table f Cntents Table f Cntents... 2 Overview & Objectives... 3 Prduct Catalgue ILM Pling Business Scenari Synpsis Detailed Cverage Accunt class - ILM Rule definitin Prduct Additinal infrmatin ILM Sweeping Business Scenari Synpsis Detailed Cverage Accunt class ILM Rule definitin Prduct Additinal infrmatin ILM Pling and Sweep Business Scenari Synpsis Detailed Cverage Accunt class ILM Rule Cverage Prduct Additinal infrmatin Integrated liquidity management Other maintenances Event class cde maintenance Grup cde maintenance Acceleratr Pack Prduct Catalgue Page 2 f 19

3 Overview & Objectives Liquidity Management refers t the services the bank prvides t its crprate custmers thereby allwing them t ptimize interest n their checking / current accunts and pl funds frm different accunts. The Integrated Liquidity Management (ILM) mdule in Oracle FLEXCUBE supprts multibranch, multi-currency liquidity management structure using architecture f System Accunts. This enables the system t keep track f balances in accunts in the structure,calculate interest n the accunts in the structure as well as track the histry f the sweep / pl structure. Liquidity management services are bradly classified as under Sweeping - where physical funds are mved in accunt structure frm child t parent r parent t child. Pling - where funds are nt physically mved in and ut f accunts. Instead, the accunt balances are ntinally cnslidated and interest cmputatins carried ut such ntinal balances Optins available t autmate peridic prcesses such as : Accrual f accunts Liquidatin f depsits n liquidatin frequency defined Acceleratr Pack Prduct Catalgue Page 3 f 19

4 Prduct Catalgue 1. ILM Pling This ffering has all basic features that are needed fr a crprate custmer t pen an accunt which culd participate in the pling accunt structure either as a header, Parent r Child This prduct wuld be used t pl the whle balances f all the accunts maintained in an accunt structure ntinally Business Scenari The crprate custmers used t create accunt strcuture t pl the balances acrss the accunts in rder t avid the debit interest charged by the bank and t ptimize the credit interest as well. Funds are nt physically mved in and ut f accunts. Instead, the accunt balances are ntinally cnslidated t a header accunt f the accunt structure and cmputatin will be carried ut n such ntinal balances Synpsis Bking f depsit with pling facility Tax withhding n the interest amunt liquidated Integrated liquidated management ptin is enabled 1.3. Detailed Cverage Depsits can be pened in GBP,AUD,INR & USD currencies under this accunt class Daily accruals fr pl r sweep balances. Liquidatin at mnthly ends Back value dated interest adjustments fr accruals and liquidatins The accunt will get the credit r debit interest as per the amunt it cntributed t its parent Facility t calculate interest based n pl header and reallcatin interest prducts 1.4. Accunt class - ILM001 Accunt Class > Details Accunt Type Current Accunt statement frmat ACST_DETAILED Accunt Class > Preferences Overdraft Track receivable Accunt statistics Exclude Same Day Reversal Transactins frm Statement Back perid entry allwed charges Acceleratr Pack Prduct Catalgue Page 4 f 19

5 Track accrued interest Debit credit advices Psting allwed statement Available balance check required Integrated liquidity management 1.5. Rule definitin IC Rule Features PHR1 SDE s UDE s DAYS,ILVD_ULT_CR_BAL, ILVD_ULT_DR_BAL HCR_RATE, HDR_RATE, HTAX_RATE Rule Definitin PHR1 Frmu la N Accru al Type Cnditin Result 1 Bk (ILVD_ULT_DR_BAL)>0 (ILVD_ULT_DR_BAL*HDR_R ATE*DAYS)/ Bk ILVD_ULT_CR_BAL>0 (ILVD_ULT_CR_BAL*HCR_RA TE*DAYS)/ N Tax FORMULA2>0 ROUND(FORMULA2*HTAX_ RATE/100,2) IC Rule Features PRC1 SDE s UDE s DAYS,ILVD_CP_CR_CONT, ILVD_CP_DR_CONT, ILVD_NCP_CR_CONT, ILVD_NCP_DR_CONT CCR_RATE, CDR_RATE, CTAX_RATE Frmu la N Rule Definitin PRC1 Accru al Type Cnditin Result 1 Bk 2 Bk ( ILVD_CP_DR_CONT + ILVD_NCP_DR_CONT ) > 0 ( ILVD_CP_CR_CONT + ILVD_NCP_CR_CONT ) > 0 3 N Tax FORMULA2>0 (( ILVD_CP_DR_CONT + ILVD_NCP_DR_CONT ) * CDR_RATE * DAYS ) / (( ILVD_CP_CR_CONT + ILVD_NCP_CR_CONT ) * CCR_RATE * DAYS ) / ROUND(FORMULA2* CTAX_RATE / 100,2) Acceleratr Pack Prduct Catalgue Page 5 f 19

6 IC Rule Features NINT SDE s UDE s DAYS,VD_DLY_CR_BAL_M, VD_DLY_DR_BAL_M NORMAL_RATE1, NORMAL_RATE2 Rule Definitin NINT Frmu la N Accru al Type Cnditin Result 1 Bk VD_DLY_DR_BAL_M< 0 (VD_DLY_DR_BAL_M*NOR MAL_RATE1*DAYS)/(365*10 0) 2 Bk VD_DLY_CR_BAL_M > 0 (VD_DLY_CR_BAL_M*NORM AL_RATE2*DAYS)/(365*100) 1.6. Prduct Prduct Cde Descriptin Prduct Type Prduct Grup Prduct grup descriptin Bking accunt type IC Rule IC Rule descriptin Prduct Features PHR1 PHR1 ILM POOL HEADER IC and Charges PHR1 ILM POOL HEADER Prduct Preference PHR1 Prduct Level Accrual Frequency Daily Payment Methd Bearing Liquidatin cycle 1 mnth Defer Liquidatin N Liquidatin at Mnth ends Back Value Recalculatin Flag Start frm accunt Opening N ILM prduct ILM type Pl lead Accunt Classes Mapping PHR1 Special cnditin nly Rate change at Liquidatin Accunt class Currency Rate change n Rllver ILM001 GBP N N ILM001 AUD N N ILM001 USD N N Cntinue Variance n rllver Acceleratr Pack Prduct Catalgue Page 6 f 19

7 ILM001 INR N N Prduct Cde Descriptin Prduct Type Prduct Grup Prduct grup descriptin Bking accunt type IC Rule IC Rule descriptin Prduct Features PRC1 PRC1 ILM POOL REALLOCATION IC and Charges PRC1 ILM POOL REALLOCATION Prduct Level Accrual Frequency Payment Methd Liquidatin cycle Defer Liquidatin Liquidatin at Mnth ends Back Value Recalculatin Flag Start frm accunt Opening ILM prduct ILM type Prduct Preference PRC1 Daily Bearing 1 mnth N N Pl reallcatin Accunt Classes Mapping PRC1 Special cnditin nly Rate change at Liquidatin Accunt class Currency Rate change n Rllver ILM001 GBP N N ILM001 AUD N N ILM001 USD N N ILM001 INR N N Cntinue Variance n rllver Prduct Cde Descriptin Prduct Type Prduct Grup Prduct grup descriptin Bking accunt type IC Rule IC Rule descriptin Prduct Features NINT NINT ILM Simple prduct IC and Charges NINT ILM Simple rule Prduct Level Accrual Frequency Payment Methd Prduct Preference NINT N Daily Bearing Acceleratr Pack Prduct Catalgue Page 7 f 19

8 Liquidatin cycle 1 mnth Defer Liquidatin N Liquidatin at Mnth ends Back Value Recalculatin Flag Start frm accunt Opening N Receivable General legder ILM prduct N Accunt Classes Mapping NINT Special cnditin nly Rate change at Liquidatin Accunt class Currency Rate change n Rllver ILM001 GBP N N ILM001 AUD N N ILM001 USD N N ILM001 INR N N Cntinue Variance n rllver 1.7. Additinal infrmatin ILM event cde ILMTEST is maintained and attached t IL branch parameter Acceleratr Pack Prduct Catalgue Page 8 f 19

9 2. ILM Sweeping This ffering has all basic features that are needed fr a crprate custmer t pen an accunt which culd participate in the pling accunt structure either as a header, Parent r Child This prduct wuld be used t sweep the balances f all the accunts maintained in an accunt structure. Physical funds are mved in accunt structure frm child t parent r parent t child Business Scenari The crprate custmers used t create accunt strcuture t sweep the balances acrss the accunts in rder t avid the debit interest charged by the bank and t ptimize the credit interest as well. Accunts belngs t the same crprate wuld be participated in a grup. Funds are physically mved in and ut f accunts and cmputatin will be carried ut n the physical funds available in the accunt Synpsis Bking f depsit with sweep facility Tax withhding n the interest amunt liquidated Integrated liquidated management ptin is enabled 2.3. Detailed Cverage Depsits can be pened in GBP,AUD,INR& USD currencies under this accunt class Daily accruals fr pl r sweep balances. Liquidatin at mnthly ends Back value dated interest adjustments fr accruals and liquidatins The accunt will get the credit r debit interest as per the amunt it cntributed t its parent Facility t calculate interest based reallcatin interest prduct 2.4. Accunt class ILM002 Accunt Class > Details Accunt Type Current Accunt statement frmat ACST_DETAILED Accunt Class > Preferences Overdraft N Track receivable Accunt statistics Exclude Same Day Reversal Transactins frm Statement Back perid entry allwed charges Track accrued interest Debit credit advices Psting allwed statement Available balance check required Acceleratr Pack Prduct Catalgue Page 9 f 19

10 Integrated liquidity management 2.5. Rule definitin IC Rule Features PRC1 SDE s UDE s DAYS,ILVD_CP_CR_CONT, ILVD_CP_DR_CONT, ILVD_NCP_CR_CONT, ILVD_NCP_DR_CONT CCR_RATE, CDR_RATE, CTAX_RATE Frmu la N Rule Definitin PRC1 Accru al Type Cnditin Result 1 Bk 2 Bk ( ILVD_CP_DR_CONT + ILVD_NCP_DR_CONT ) > 0 ( ILVD_CP_CR_CONT + ILVD_NCP_CR_CONT ) > 0 3 N Tax FORMULA2>0 (( ILVD_CP_DR_CONT + ILVD_NCP_DR_CONT ) * CDR_RATE * DAYS ) / (( ILVD_CP_CR_CONT + ILVD_NCP_CR_CONT ) * CCR_RATE * DAYS ) / ROUND(FORMULA2* CTAX_RATE / 100,2) IC Rule Features NINT SDE s UDE s DAYS,VD_DLY_CR_BAL_M, VD_DLY_DR_BAL_M NORMAL_RATE1, NORMAL_RATE2 Rule Definitin NINT Frmu la N Accru al Type Cnditin Result 1 Bk VD_DLY_DR_BAL_M< 0 (VD_DLY_DR_BAL_M*NOR MAL_RATE1*DAYS)/(365*10 0) 2 Bk VD_DLY_CR_BAL_M > 0 (VD_DLY_CR_BAL_M*NORM AL_RATE2*DAYS)/(365*100) 2.6. Prduct Prduct Cde Descriptin Prduct Type Prduct Grup Prduct grup descriptin Bking accunt type Prduct Features PRC1 PRC1 ILM POOL REALLOCATION IC and Charges Acceleratr Pack Prduct Catalgue Page 10 f 19

11 IC Rule IC Rule descriptin PRC1 ILM POOL REALLOCATION Prduct Level Accrual Frequency Payment Methd Liquidatin cycle Defer Liquidatin Liquidatin at Mnth ends Back Value Recalculatin Flag Start frm accunt Opening ILM prduct ILM type Prduct Preference PRC1 Daily Bearing 1 mnth N N Pl reallcatin Accunt Classes Mapping PRC1 Special cnditin nly Rate change at Liquidatin Accunt class Currency Rate change n Rllver ILM002 GBP N N ILM002 AUD N N ILM002 USD N N ILM002 INR N N Cntinue Variance n rllver Prduct Cde Descriptin Prduct Type Prduct Grup Prduct grup descriptin Bking accunt type IC Rule IC Rule descriptin Prduct Features NINT NINT ILM Simple prduct IC and Charges NINT ILM Simple rule Prduct Preference NINT Prduct Level N Accrual Frequency Daily Payment Methd Bearing Liquidatin cycle 1 mnth Defer Liquidatin N Liquidatin at Mnth ends Back Value Recalculatin Flag Start frm accunt Opening N Receivable General legder ILM prduct N Accunt Classes Mapping NINT Acceleratr Pack Prduct Catalgue Page 11 f 19

12 Special cnditin nly Rate change at Liquidatin Accunt class Currency Rate change n Rllver ILM002 GBP N N ILM002 AUD N N ILM002 USD N N ILM002 INR N N Cntinue Variance n rllver 2.7. Additinal infrmatin ILM event cde ILMTEST is maintained and attached t IL branch parameter Events SWBK and RVSW are maintained t facilitate sweeps Acceleratr Pack Prduct Catalgue Page 12 f 19

13 3. ILM Pling and Sweep This prduct purpse is t create an accunt which wuld be used either t Pl r Sweep the balances f all the accunts maintained in an accunt structure. As per the sweep type whether its pling r sweeping used in the accunt structure the funds wuld be mved frm child t parent r parent t child ntinally r physically Business Scenari The crprate custmers used t create an accunt structure such that the accunts gets Pled in tp level and sweep the balances frm the next level in the multilevel structure Synpsis Bking f depsit with sweep and pl facility Tax withhding n the interest amunt liquidated Integrated liquidated management ptin is enabled 3.3. Detailed Cverage Depsits can be pened in GBP,INR,AUD& USD currencies under this accunt class Daily accruals fr pl r sweep balances. Liquidatin at mnth ends Back value dated interest adjustments fr accruals and liquidatins The accunt will get the credit r debit interest as per the amunt it cntributed t its parent Facility t calculate interest based lead,reallcatin and nrmal interest prduct 3.4. Accunt class ILM003 Accunt Class > Details Accunt Type Current Accunt statement frmat ACST_DETAILED Accunt Class > Preferences Overdraft N Track receivable Accunt statistics Exclude Same Day Reversal Transactins frm Statement Back perid entry allwed charges Track accrued interest Debit credit advices Psting allwed statement Available balance check required Integrated liquidity management Acceleratr Pack Prduct Catalgue Page 13 f 19

14 3.5. Rule Cverage IC Rule Features PHR1 SDE s UDE s DAYS,ILVD_ULT_CR_BAL, ILVD_ULT_DR_BAL HCR_RATE, HDR_RATE, HTAX_RATE Rule Definitin PHR1 Frmu la N Accru al Type Cnditin Result 1 Bk (ILVD_ULT_DR_BAL)>0 (ILVD_ULT_DR_BAL*HDR_R ATE*DAYS)/ Bk ILVD_ULT_CR_BAL>0 (ILVD_ULT_CR_BAL*HCR_RA TE*DAYS)/ N Tax FORMULA2>0 ROUND(FORMULA2*HTAX_ RATE/100,2) IC Rule Features PRC1 SDE s UDE s DAYS,ILVD_CP_CR_CONT, ILVD_CP_DR_CONT, ILVD_NCP_CR_CONT, ILVD_NCP_DR_CONT CCR_RATE, CDR_RATE, CTAX_RATE Frmu la N Rule Definitin PRC1 Accru al Type Cnditin Result 1 Bk 2 Bk ( ILVD_CP_DR_CONT + ILVD_NCP_DR_CONT ) > 0 ( ILVD_CP_CR_CONT + ILVD_NCP_CR_CONT ) > 0 3 N Tax FORMULA2>0 (( ILVD_CP_DR_CONT + ILVD_NCP_DR_CONT ) * CDR_RATE * DAYS ) / (( ILVD_CP_CR_CONT + ILVD_NCP_CR_CONT ) * CCR_RATE * DAYS ) / ROUND(FORMULA2* CTAX_RATE / 100,2) IC Rule Features NINT SDE s UDE s DAYS,VD_DLY_CR_BAL_M, VD_DLY_DR_BAL_M NORMAL_RATE1, NORMAL_RATE2 Rule Definitin NINT Frmu la N Accru al Type Cnditin Result (VD_DLY_DR_BAL_M*NOR 1 Bk VD_DLY_DR_BAL_M< 0 MAL_RATE1*DAYS)/(365*10 Acceleratr Pack Prduct Catalgue Page 14 f 19

15 2 Bk VD_DLY_CR_BAL_M > 0 0) (VD_DLY_CR_BAL_M*NORM AL_RATE2*DAYS)/(365*100) 3.6. Prduct Prduct Cde Descriptin Prduct Type Prduct Grup Prduct grup descriptin Bking accunt type IC Rule IC Rule descriptin Prduct Features PHR1 PHR1 ILM POOL HEADER IC and Charges PHR1 ILM POOL HEADER Prduct Preference PHR1 Prduct Level Accrual Frequency Daily Payment Methd Bearing Liquidatin cycle 1 mnth Defer Liquidatin N Liquidatin at Mnth ends Back Value Recalculatin Flag Start frm accunt Opening N ILM prduct ILM type Pl lead Accunt Classes Mapping PHR1 Special cnditin nly Rate change at Liquidatin Accunt class Currency Rate change n Rllver ILM003 GBP N N ILM003 AUD N N ILM003 USD N N ILM003 INR N N Cntinue Variance n rllver Prduct Cde Descriptin Prduct Type Prduct Grup Prduct grup descriptin Bking accunt type IC Rule IC Rule descriptin Prduct Features PRC1 PRC1 ILM POOL REALLOCATION IC and Charges PRC1 ILM POOL REALLOCATION Prduct Level Prduct Preference PRC1 Acceleratr Pack Prduct Catalgue Page 15 f 19

16 Accrual Frequency Payment Methd Liquidatin cycle Defer Liquidatin Liquidatin at Mnth ends Back Value Recalculatin Flag Start frm accunt Opening ILM prduct ILM type Daily Bearing 1 mnth N N Pl reallcatin Accunt Classes Mapping PRC1 Special cnditin nly Rate change at Liquidatin Accunt class Currency Rate change n Rllver ILM003 GBP N N ILM003 AUD N N ILM003 USD N N ILM003 INR N N Cntinue Variance n rllver Prduct Cde Descriptin Prduct Type Prduct Grup Prduct grup descriptin Bking accunt type IC Rule IC Rule descriptin Prduct Features NINT NINT ILM Simple prduct IC and Charges NINT ILM Simple rule Prduct Preference NINT Prduct Level N Accrual Frequency Daily Payment Methd Bearing Liquidatin cycle 1 mnth Defer Liquidatin N Liquidatin at Mnth ends Back Value Recalculatin Flag Start frm accunt Opening N Receivable General legder ILM prduct N Accunt Classes Mapping NINT Special cnditin nly Rate change at Liquidatin Accunt class Currency Rate change n Rllver ILM003 GBP N N ILM003 AUD N N ILM003 USD N N ILM003 INR N N Cntinue Variance n rllver Acceleratr Pack Prduct Catalgue Page 16 f 19

17 3.7. Additinal infrmatin ILM event cde ILMTEST is maintained and attached t IL branch parameter Events SWBK and RVSW are maintained t facilitate sweeps Acceleratr Pack Prduct Catalgue Page 17 f 19

18 4. Integrated liquidity management Other maintenances Varius maintenances t be dne fr ILM are listed in this sectin Event class cde maintenance Event class needs t be maintained fr IL mdule with events as SWBK & RVSW t facilitate sweeps. Event cde ILMTEST is maintained and the belw events have been maintained, Events Accunting rle Amunt tag SWBK CHILD CR_CONT SWBK CHILD DR_CONT SWBK PARENT CR_CONT SWBK PARENT DR_CONT RVSW CHILD CR_CONT RVSW CHILD DR_CONT RVSW PARENT CR_CONT RVSW PARENT DR_CONT 4.2. Grup cde maintenance Grup cde needs t be maintained with different parameters. Belw grup cdes have been maintained in 001 branch, Grup cde Pl benefit Sweep basis Intraday sweep Back value Back value unit Back value duratin Reverse sweep ILGRP Value date N N - - N ILGRSW Value date N - - ILGRBV Value date N Mnthly 1 Acceleratr Pack Prduct Catalgue Page 18 f 19

19 Oracle Financial Services Sftware Limited Oracle Park Off Western Express Highway Gregan (East) Mumbai, Maharashtra India Wrldwide Inquiries: Phne: Fax: Cpyright [2007], [2014], Oracle and/r its affiliates. All rights reserved. Oracle and Java are registered trademarks f Oracle and/r its affiliates. Other names may be trademarks f their respective wners. U.S. GOVERNMENT END USERS: Oracle prgrams, including any perating system, integrated sftware, any prgrams installed n the hardware, and/r dcumentatin, delivered t U.S. Gvernment end users are cmmercial cmputer sftware pursuant t the applicable Federal Acquisitin Regulatin and agency-specific supplemental regulatins. As such, use, duplicatin, disclsure, mdificatin, and adaptatin f the prgrams, including any perating system, integrated sftware, any prgrams installed n the hardware, and/r dcumentatin, shall be subject t license terms and license restrictins applicable t the prgrams. N ther rights are granted t the U.S. Gvernment. This sftware r hardware is develped fr general use in a variety f infrmatin management applicatins. It is nt develped r intended fr use in any inherently dangerus applicatins, including applicatins that may create a risk f persnal injury. If yu use this sftware r hardware in dangerus applicatins, then yu shall be respnsible t take all apprpriate failsafe, backup, redundancy, and ther measures t ensure its safe use. Oracle Crpratin and its affiliates disclaim any liability fr any damages caused by use f this sftware r hardware in dangerus applicatins. This sftware and related dcumentatin are prvided under a license agreement cntaining restrictins n use and disclsure and are prtected by intellectual prperty laws. Except as expressly permitted in yur license agreement r allwed by law, yu may nt use, cpy, reprduce, translate, bradcast, mdify, license, transmit, distribute, exhibit, perfrm, publish r display any part, in any frm, r by any means. Reverse engineering, disassembly, r decmpilatin f this sftware, unless required by law fr interperability, is prhibited. The infrmatin cntained herein is subject t change withut ntice and is nt warranted t be errr-free. If yu find any errrs, please reprt them t us in writing. This sftware r hardware and dcumentatin may prvide access t r infrmatin n cntent, prducts and services frm third parties. Oracle Crpratin and its affiliates are nt respnsible fr and expressly disclaim all warranties f any kind with respect t third-party cntent, prducts, and services. Oracle Crpratin and its affiliates will nt be respnsible fr any lss, csts, r damages incurred due t yur access t r use f third-party cntent, prducts, r services. Acceleratr Pack Prduct Catalgue Page 19 f 19

PeopleSoft Enterprise Funds Transfer Pricing 9.1 Reports

PeopleSoft Enterprise Funds Transfer Pricing 9.1 Reports April 2010 PeopleSoft Enterprise Funds Transfer Pricing 9.1 Reports SKU epm91pftp-r 0410 Copyright 2010, Oracle and/or its affiliates. All rights