Ability to Retrieve Interest Rate
This feature allows for the storage and retrieval of the interest rate for display and use in calculations:
- Ability to retrieve the interest rates within the activity math with a valuation object.
- Ability to retrieve the interest rates within the function math that performs a valuation.
- Ability to retrieve the interest rates within the PolicyValues business rule.
- Ability to retrieve the interest rates available within the valuation XML.
- Ability to store the interest rates used for a valuation
Prerequisites
Fixed Fund fund type (01) that utilizes InterestRateCalculation business rules.
New Items
- StoreFundValuationInterestRate business rule
Changes to Existing Items
- ValuesScreen business rule
Configuration Details
PolicyValues- Dynamic Prototype Plan
- Added two math variables; one to define Fixed Fund GUID and one to retrieve Interest Rate
<MathVariable VARIABLENAME="FundGUIDMV" TYPE="SQL" DATATYPE="Text">SELECT FundGUID FROM AsFund WHERE FundName='Dynamic Calc Fund 1'</MathVariable><MathVariable VARIABLENAME="InterestRate" TYPE="FIELD" DATATYPE="DECIMAL">Valuation:Fund:FundGUIDMV:CurrentInterestRate</MathVariable>
ValuesScreen - Dynamic Prototype Plan
- Added a field to display Interest Rate
<Field><Name>InterestRate</Name><Display>Interest Rate</Display><DataType>Decimal</DataType><Disabled>Yes</Disabled></Field>
StoreFundValuationInterestRates - Dynamic Prototype Plan
- Added Global override (empty tags)
- Configured rule to record interest rates in AsValuationInterestRate table when valuation of a Dynamic Prototype Plan policy using a Fixed Fund fund type (Dynamic Calc Fund 1) is performed.
<StoreFundValuationInterestRates><FundType TYPECODE="01"></FundType></StoreFundValuationInterestRates>