1.2.7.1 Functional Enhancements

The following are the functional enhancements as a part of Party in this release:

Table 1-2 Functional Enhancements

Summary Description
Response Format Changes We have updated the response format for the following APIs to include detailed status information for each API request. Users receive comprehensive feedback on the success or failure of their requests as a result of this enhancement, improving clarity and easing troubleshooting.
  • Insta API's (Onboarding/Amendment)
  • Granular API's
  • STP GET API
Party Onboarding Events with Complete Payload Party Onboarding Events (Retail and SMB) have been enhanced to include the complete party information payload. This improvement ensures that all relevant details are available in the event, providing a comprehensive view of the party's information during the onboarding process.
FIDM Event A new event has been introduced for amendments in FIDM information within the additional information data segment. The FIDM event will be published only if there are changes to the FIDM information; otherwise, only the additional information event will be published.
Party Status Event A new event has been introduced for amendments in Party Status information within the basic info data segment. Party Status event will be published only if there are changes to the party status information; otherwise, only the basic info event will be published.
Party to Account Events New events have been introduced for the creation, amendment, and deletion of Party to Account relationships.
Branch Code Length Party Services can now support branch codes up to 6 characters in length.
Config Transport Utility The Config Transport utility now supports the automatic transfer of maintenances from one environment to another, eliminating the need for manual intervention. Following maintenance are supported in Oracle Banking Party with Config Transport Utility.
  • Address Maintenance
  • Credit Rating Agency
  • Location Maintenance
  • Entity maintenance
  • Organization Maintenance
Social Profile Data Segment The Retail Party Types have merged the Social Profile Data Segment with the Basic Info and Citizenship Data Segment .
Service Member Information A new data segment has been introduced to specifically capture service member information by carving out fields from the additional information data segment. We have added new fields to facilitate more comprehensive and detailed information capture.
Data Migration Data Migration utility is enhanced to support following.
  • Encryption and decryption capabilities have been implemented for migration files to enhance security measures during the migration process.
  • Threshold Maintenance to automatically abort migration process in case of number error exceeds predefined threshold limits.
  • Data Transformation Maintenance to setup default values to be utilized during the data migration process in instances where values are missing.
  • Separate file upload for Retail and SMB party information and relationship.
  • Co-Mandatory Checks.

For more information on the functional activity codes, refer to the Party Configurations User Guide.