Position Keeping - BIAN

API Console

Swagger | Microservice

Executive Summary

This service domain maintains a financial transaction log to support production. Reconciled financial transactions are subsequently posted to the accounting systems

Examples of Use

Example of use:Any product fulfillment domain, current account, savings account, credit card, etc, delegates transaction posting/track to the Position Keeping service domain.

Role Definition

Maintain a log of financial transactions for management information, tracking and reconciliation purposes. It can offer utilities that enable it to maintain balances/positions, to calculate interest and to support transaction reconciliation activities The financial transactions are subsequently posted to the accounting systems

Related Business Scenarios

Handle Bulk Request for Opening Salary Accounts

Process Invocation of Cash Management Service

Process Incoming Direct Debit Instruction at Debtor Bank

Handle Request for Outgoing FCY Credit Transfer via SWIFT

EXT Handle Request for Early Renewal of Term Deposit

EXT Handle Request for High Volume Virtual Account Opening

EXT Handle Request to Open Term Deposit under Term Deposit Agreement for Retail Customer

Handle Incoming Request for Payment at Debtor Bank

Handle Incoming Credit Transfer

Handle Request for Account Statement

EXT Handle Request for Renewal of Uncollateralised Consumer Loan

EXT Handle Request to Open Virtual Account

Handle Request for Early Payback of Consumer Mortgage Loan Due to Sale of Property

Process Salary Payments for Internal Accounts

Process Request for Refund of Outgoing Direct Debit at Creditor Bank

Process Outgoing Direct Debit Instruction at Creditor Bank

Process Cash Management Payments

Process Request for Amount Block

Handle Request to Open Savings Account

EXT Handle Request to Close Virtual Account

EXT Handle Request for High Volume Account Opening

Process Payment of Outgoing Direct Debit at Creditor Bank

EXT Handle Customer Relationships Case

Retrieve Loan to Value Ratio

EXT Handle Request for Combined Account Statement

Handle Request to Close Corporate Current Account

Handle Request for Cash Withdrawal from Savings Account

EXT Handle Request to Open Corporate Current Account

EXT Handle Request to Reactivate Dormant Corporate Current Account

Handle Request for Combined Account Statement

Process Closing of Mortgage Loan

Handle Request for Internal Credit Transfer from Savings Account

EXT Handle Bulk Request for Opening Salary Accounts

Handle Request to Open Term Deposit under Term Deposit Agreement for Corporate Customer

Process Maturity of Term Deposit

Handle Request for Chargeback at Acquirer

Handle Request for Windfall Investment

Perform Closing of Uncollateralised Consumer Loan

Process Loans Instalment

Process Selection of Loans for Securitization

Process Bank Internal Instruction to Block Corporate Current Account

Process End of Daily Booking Window for Account Dormancy

Record Credit Booking

Process Incoming Credit Transfer at Creditor Bank towards Outgoing Request for Payment

Handle Request for Early Payback of Consumer Mortgage Loan Due to Sale of Property for Bank as Servicer

Handle Incoming FCY Credit Transfer for LCY Account

Handle Request for Outgoing Credit Transfer

Process Internal Direct Debit Instruction

Handle Request for Early Closing of Term Deposit

Handle Request to Close Retail Current Account

Handle Request for Internal Credit Transfer between Corporate Current Accounts

EXT Handle Request for Modification of Merchandising Loan

Handle Request to Close Savings Account

EXT Handle Request for Account Statement and Balances

EXT Handle Request to Open Term Deposit under Term Deposit Agreement for Corporate Customer

Handle Request for Internal Credit Transfer Requiring Second Line Authorisation

Process Interest Booking by Accounting

EXT Handle Request to Open Retail Current Account

Handle Request for Consumer Loan Financial Analysis Reports

Handle Request for Early Renewal of Term Deposit

Process Closing of Corporate Loan

Process Salary Payments for External Accounts

Handle Request to Open Retail Current Account

Handle Request to Open Corporate Current Account

EXT Handle Request for Early Closing of Term Deposit

Handle Request for Account Statement and Balances

Handle Request for Refund of Internal Direct Debit

Process Interest Settlement

EXT Handle Request to Close Corporate Current Account

Handle Request for Refund of Incoming Direct Debit at Debtor Bank

Process Clearing Error for Outgoing Credit Transfer

Process Rejection Message for Outgoing Direct Debit at Creditor Bank

EXT Process Closing of Merchandising Loan

Determine Dynamically Calculated Available Balance

Handle Request to Open Term Deposit under Term Deposit Agreement for Retail Customer

Process End of Daily Booking Window for Interest Accrual Savings Account

EXT Handle Request for Account Statement and Outgoing Credit Transfer

Handle Request for Withdrawal from Consumer Loan

Process Opening of Loan Servicing Account

Handle Request for Outgoing Credit Transfer Related to Request to Pay at Debtor Bank

Record Debit Booking

Process Interest Settlement Savings Account

Process Notification to Remove Amount Block

Core Business Object

Transaction Log

Key Features

Configure the transaction log for recording services
Post transactions
Repair/update transactions
Maintain positions as configured (includes limits and blocks)
Provide simple accounting services (e.g. interest accruals)
Provide transaction reporting and alert services