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How to extract the last word in a sentence string in OBIEE ?

Lets say i have a character string, "This is a good day" and i need to extract the last word of the string and convert it to something else.
How can i do that using OBIEE functions ?
Answers
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Funny enough google has two similar answers as first hits and both work in Excel as well as OBI with the usual string manipulation functions:
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Hi Christian,
Let me try it OBIEE and if it works, will mark your answer as correct.
Also need to find the corresponding string functions in OBIEE.
Thanks
Rohit
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Here are the string functions Expression Editor Reference for version 12.2.1.3.0.
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