Float Rate Pickup for Bilateral and Syndication

System is enriched to pickup and display interest rate based on selected Floating Rate code in below scenarios.

• In 'Interest Details' data segment, once system defaults interest components system will pick up and display Interest rate for maintained Floating Rate code if that component preferences is set as Floating type.
• Post default of interest component, if bank user is changing Floating rate code or interest type (Fixed to Floating etc) then system will do pickup and display interest rate online.

RFR (Risk Free Rate) support for Bilateral and Syndication

Risk Free Rates support is brought in for Bilateral and Syndication process flows with below features.

• Both RFR type Rate and Index is supported with Observation shift
• For RFR, 8 methods are supported i.e. Lookback, Lockout, Plain, Payment delay, Interest Rollover, Principal Adjustment, Last reset, Last recent
• The combinations of methods supported as well, as below :
  • Lookback + Lockout
  • Lookback + Payment Delay
  • Lockout + Payment Delay
• Corresponding to the method opted, Look Back Days / Payment Delay Days / Lockout Days, Rounding Unit can be captured.
• Interest computation method supports both Amount and Rate compounding along with options as Simple & Compounding for Base Rate, Spread/Margin & Spread Adjustment, separately.

Coherence

Implemented remote caching solution for static/dynamic data using Oracle Coherence.

Api Gateway

Api-gateway Update : Zuul Replaced with spring-cloud-gateway, Spring Oauth version updated.

Redwood

UI Update : Traditional ALTA theme replaced with Redwood Theme.