ORACLE FLEXCUBE Acceleratr Pack 12.2 Prduct Catalgue Integrated liquidity management ORACLE FINANCIAL SERVICES Acceleratr Pack Prduct Catalgue Page 1 f 19
Table f Cntents Table f Cntents... 2 Overview & Objectives... 3 Prduct Catalgue... 4 1. ILM Pling... 4 1.1. Business Scenari... 4 1.2. Synpsis... 4 1.3. Detailed Cverage... 4 1.4. Accunt class - ILM001... 4 1.5. Rule definitin... 5 1.6. Prduct... 6 1.7. Additinal infrmatin... 8 2. ILM Sweeping... 9 2.1. Business Scenari... 9 2.2. Synpsis... 9 2.3. Detailed Cverage... 9 2.4. Accunt class ILM002... 9 2.5. Rule definitin... 10 2.6. Prduct... 10 2.7. Additinal infrmatin... 12 3. ILM Pling and Sweep... 13 3.1. Business Scenari... 13 3.2. Synpsis... 13 3.3. Detailed Cverage... 13 3.4. Accunt class ILM003... 13 3.5. Rule Cverage... 14 3.6. Prduct... 15 3.7. Additinal infrmatin... 17 4. Integrated liquidity management Other maintenances... 18 4.1. Event class cde maintenance... 18 4.2. Grup cde maintenance... 18 Acceleratr Pack Prduct Catalgue Page 2 f 19
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
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. 1.1. 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. 1.2. 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
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)/36500 2 Bk ILVD_ULT_CR_BAL>0 (ILVD_ULT_CR_BAL*HCR_RA TE*DAYS)/36500 3 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 ) / 36500 (( ILVD_CP_CR_CONT + ILVD_NCP_CR_CONT ) * CCR_RATE * DAYS ) / 36500 ROUND(FORMULA2* CTAX_RATE / 100,2) Acceleratr Pack Prduct Catalgue Page 5 f 19
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
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
Liquidatin cycle 1 mnth Defer Liquidatin N Liquidatin at Mnth ends Back Value Recalculatin Flag Start frm accunt Opening N Receivable General legder 132000005 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
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. 2.1. 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. 2.2. 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
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 ) / 36500 (( ILVD_CP_CR_CONT + ILVD_NCP_CR_CONT ) * CCR_RATE * DAYS ) / 36500 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
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 132000005 ILM prduct N Accunt Classes Mapping NINT Acceleratr Pack Prduct Catalgue Page 11 f 19
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
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. 3.1. 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. 3.2. 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
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)/36500 2 Bk ILVD_ULT_CR_BAL>0 (ILVD_ULT_CR_BAL*HCR_RA TE*DAYS)/36500 3 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 ) / 36500 (( ILVD_CP_CR_CONT + ILVD_NCP_CR_CONT ) * CCR_RATE * DAYS ) / 36500 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
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
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 132000005 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
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
4. Integrated liquidity management Other maintenances Varius maintenances t be dne fr ILM are listed in this sectin. 4.1. 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
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