After an upgrade to 10.3 watches do not work

Document ID : KB000121433
Last Modified Date : 21/11/2018
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Issue:
After an upgrade to 10.3 some watches do not work. Problem seems to be only with "Text String" watches that stopped from working and appear as violated.
Environment:
Spectrum 10.3 
Resolution:
Apply Spectrum 10.3 Bi-Monthly Patch Spectrum_10.03.00.BMP_10.3.001

Symptom: Watches are generating violation alarms 
Resolution: Watch violation alarms will not be generated unless violation. 
(DE390967, 01218871 )