1. Release Notes
  2. Release Enhancements
  3. Functional Features

2.1 Functional Features

This topic explains functional features that are enhanced or added in this release.

Enhancement of Applicant data

  • Ability to capture new field for Salutation for applicants.
  • Ability to capture different contact sub-type for mobile and email.
  • Ability to capture employer address.
  • Ability to capture time zone for the different channels for Mobile, SMS, Whatsapp in marketing communication section.

Relationship pricing related enhancement

  • Ability to call lending host system and receive Relationship Pricing Benefit margin for loan applications for existing customers.
  • Ability to pass the Product Interest Rate, Product Margin, Risk based Margin, Relationship Benefit Margin and the repayment schedule to Oracle Banking Digital Experience.

State Code related enhancement

  • Ability to have the same state code for two different countries.
  • Ability to search for a state based on a country code.

Loan Assessment details data segment view for Insta Personal Loan

  • Oracle Banking Origination users should be able to view the loan assessment details while processing an Insta PL, allowing them to understand the factors behind loan approval or rejection.

Document Generation and Document Acceptance for Current Account, Savings Account and Term Deposit.

  • Configuration of Document Generation data segment in Offer Issue stage and Document Acceptance data segment in Offer Accept or Reject stage for current account and savings account with OD process. The document such as Offer Letter will be generated and dispatched and tracked for acceptance as part of these new data segments.

Notices & disclosures for Current Account, Savings Account and Term Deposit

  • New list of Advice added for Loans, Current Account, Savings Account, and Term Deposit process.
  • The advice can be configured as part of Advice Generation framework based on pre-defined list of events along with a condition (configured as a rule) if applicable. For Example, Offer Letter advice is sent as part of OfferIssue event.

Enhancement in search filter for customer category

  • Ability to fetch only Individual and Small and Medium Business type customer from Party for Account Onboarding.

Parent topic: Release Enhancements