What is modeling interval in SAP CA-FS-PO - Price Optimization for Banking?

SAP Term: modeling interval

• Component: CA-FS-PO

• Component Name: Price Optimization for Banking

• Description: Transaction period taken into account for modelling, for example week or month.

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• Key Concepts: 
  Modeling interval is a feature of the SAP CA-FS-PO Price Optimization for Banking component. It allows users to define the frequency of price optimization models, which can be used to determine the optimal pricing for banking products. The modeling interval can be set to daily, weekly, monthly, or yearly. 
  
  How to use it: 
  To use the modeling interval feature, users must first select the desired frequency in the SAP CA-FS-PO Price Optimization for Banking component. Once selected, the system will automatically generate a price optimization model at the specified frequency. 
  
  Tips & Tricks: 
  It is important to consider the frequency of price optimization models when setting the modeling interval. If the frequency is too low, it may not be able to capture changes in market conditions quickly enough. On the other hand, if it is too high, it may lead to unnecessary costs and complexity. 
  
  Related Information: 
  The modeling interval feature is closely related to other features of the SAP CA-FS-PO Price Optimization for Banking component such as pricing rules and pricing strategies. It is important to understand how these features interact with each other in order to get the most out of the system.