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Oracle® Insurance Rules Palette 9.4.0.0 E18894_01

# Double Precision Accuracy

The PrecisionValues and UnitValuePrecision business rules are used to control the accurate display of fund units in OIPA. This prototype sample shows the functionality associated with these two business rules in OIPA.

## Scenario

A CSR adds money to a policy and then checks the three places in the UI that are affected by this configuration to make sure they are showing the correct number of decimal places. The Allocation tab and Valuation tab of the Activity Results screen are checked to ensure the system is using the correct precision for Units and UnitValues. The ValueScreen is also checked to ensure the system is using the correct precision for Units and UnitValues.

## Configuration Requirements

The following prototype samples are used to demonstrate this functionality.

- Two new Variable Funds in the Functional Prototype Plan

- Variable Fund 1

- Variable Fund 2

- ValuesScreen Business Rule

- Plan Level Override: Defines which columns the application displays on the ValuesScreen. Columns configured include, but are not limited to, Units and UnitValue.

- PrecisionValues Business Rule

- Company Level Override: Defines how many decimal places the UI should reveal when displaying UnitValues.

- UnitValuePrecision Business Rule

- Plan Level Override: Defines how many decimal places the UI should reveal when displaying Units.

## Prototype Samples

Two funds were configured so that money could be allocated to them: Variable Fund 1 and Variable Fund 2. Navigate through the following folders in the Main Explorer to view the fund configuration details: Companies | Prototype Company | Subsidiary Companies | Prototype Child Company | Plans | Functional Prototype Plan | Funds.

Precision Funds in Main Explorer

The ValuesScreen business rule was overridden at the plan level. The columns that display on the Value screen are defined in this business rule. Navigate through the following folders in the Main Explorer to view the rule override details: Companies | Prototype Company | Subsidiary Companies | Prototype Child Company | Plans | Functional Prototype Plan | Plan Rules.

ValuesScreen Override in Main Explorer

The PrecisionValues business rule was overridden at the company level. This business rule determines how many decimal places should be displayed when unit values are displayed in OIPA. Navigate through the following folders in the Global Rules Explorer to view the rule override details: Business Rules | System | PrecisionValues | Company Overrides.

PrecisionValues Rule Override in Global Rules Explorer

The UnitValuesPrecision business rules was overridden at the company level. This business rule determines how many decimal places should be displayed when units are displayed in OIPA. Navigate through the following folders in the Global Rules Explorer to view the rule override details: Business Rules | System | UnitValuePrecision | Company Overrides.

UnitValuePrecision Rule Override in Global Rules Explorer

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