Commission accounting based on business rules

Challenge

The previous accounting system for commissions was inflexible in terms of setting parameters and limited with regard to integration with other systems. The current structure of the calculation modules was too complex to react promptly to the changing world of banking, launching of new products, for instance.

Objectives

• Mapping of different terms and conditions
• Mapping of complex commission models
• Automated accounting, controlling and reporting

Solution

Separating Business Rules from the Application Logic

It was essential to choose an architecture that made it possible for business model parameters to be designed and at the same time display simulations. ACTICO Decision Management Platfrom fulfilled these requirements. This Business Rules Management System is a tool for graphically modeling business logic. In the project, business rules were developed separately from application logic. This allowed the solution to reach a level of transparency and maintainability, which was previously not possible. Key characteristics of the solution include:

• Short implementation time – only three months to go live
• Open and technologically long-term applicable architecture
• Transition to flexible products and parameters
• Simulation process based on different use cases

Impact

Generating Code

Code is automatically generated from the developed rule models and integrated into the application. At the same time, atori’s JAS creator establishes the connection between back-end systems and the application. This enables flexibility – reaction to changes and alterations can now be done quickly.