FINANCIAL MODELING IN A MODULAR SYSTEM AND METHOD FOR PROCESSING TRANSACTIONS

摘要

A modular system for developing and processing network based transactions is made up of a four dimensional architecture or framework which can include four types of functional components or objects. These components include data management objects which access and move data within the system as part of the transaction, functional objects that can be used to transform or process the data, presentation objects which provide an interface to the customer or client in order to facilitate the transfer of information and control objects which determine when and how the data objects, functional objects and presentation objects should be applied to the data as part of the transaction. The system utilizes a standardized, extensible data structure for transferring the data between components or objects which allows the object to be used as interchangeable building blocks of a comprehensive and flexible system architecture.