1.1 Release Highlights

This topic provides the information on the release highlights added to the product in this release.

Oracle Banking Virtual Account Management 14.7.1.0.0 offers a comprehensive standalone solution for virtual accounts management.

Following are the major features added to the product in the 14.7.1.0.0 release:
  • Same Day Charge Collection
  • Integration with Oracle Banking Accounts
  • Enhancement of Virtual account ECA/ amount block functionality
  • Enhancement of SWIFT and ISO Intraday statement functionality
  • Traditional ALTA theme replaced with Redwood Theme
  • Implemented remote caching solution for static/dynamic data using Oracle Coherence