FintechOS Platform 24.1.1.4

September 11th, 2024

This release brings more flexibility in calculating installments for loan products.

What's New

Adjustable Precision for Loan Installment Calculations

When generating a loan repayment schedule, the default calculation precision for determining the remaining balance of each installment is set to 10 decimal places (rounded to 2 decimals in the final payment schedule).

Now you can adjust this precision between 2 and 28 decimal places from the PricingRoundingDecimals key in the kv/<environment name>/mkexp-pfai/app-settings directory in the Configuration Manager.