What is changing?

The Active Deposit Account report is being updated to add additional information on Product operating expenses.  

Report: Active Deposit Accounts

Location: Data Library --> Data Feeds

New Fields: 

Column Name Change Type Data Type Description
Product Annual Operating Expense Percentage of Balance Renamed numeric The annual operating expense based on the product configuration for percentage of the balance of Deposit account
Product Annual Operating Expense Percentage of Revenue Added numeric The annual operating expense based on the product configuration for percentage of the revenue of Deposit account
Product Annual Operating Expense Amount Added numeric The annual operating expense based on the product configuration for standard expense amount

 

Why is it changing?

These changes provide complete information on the configured product operating expenses so that they can be used to calculate the total expenses.

 

Which datasets are impacted?

The below datasets are impacted.

Change Dataset Type Report name
Updated Data Library Active Deposit Accounts

 

How does my bank need to prepare for these changes?

The renamed field will impact any downstream processes that are looking for the exact name of the column. New fields will be added to the end of the CSV files to ensure there is minimal impact to existing processes that use these feeds.

It is recommended to review downstream processes that utilize the mentioned data feeds to ensure there is no breaking impact from these changes.

 

When are these changes happening?

These changes went into effect on Thursday, 23rd of March 2023.