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Oracle® Insurance Rules Palette 9.4.0.0 E18894_01

# Point In Time Overview

Point-in-Time valuation functionality allows valuation calculations to be made using values from the last valuation date, rather than from inception. When Point-in-Time valuation is not enabled, policy valuation calculations are made using all data from the inception of the policy. When traditional valuation is used it is much more resource intesive to calcuate valuation data, since each valuation activity must be recalculated every time valuation is executed. The PointInTimeValuation business rule also provides a method for displaying both beginning and ending valuation values on the Activity Detail screen.

Prior to configuring Point-in-Time valuation, ensure that basic fund valuation is already fully working in your environment. Funds, allocations, and assignments must already be set-up and configured before attempting to enable Point-in-Time valuation.

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