You may need to change this End Date value because of the source data that you are using to populate the Slowly Changing Dimension. In a recent project, I had to deliver an integration between Oracle Fusion HCM and an on-premise DWH. The End Date for Fusion HCM objects is "31-December-4712". So, if you want to use the ODI IKM to create SCDs you need to customize it.
To do so, first you need to create a copy of the default IKM.
The step that needs to be customized is 'Insert flow into I$ table'. Edit the Target code to replace '2400-01-01' with '4712-12-31' or whichever value you want to use as End Date.
Once it is done, then you can use this customized IKM in your interfaces for populating SCDs Type 2.