This is one of 4545 IT projects that we have successfully completed with our customers.

How can we support you?

Making broker commission processing more flexible

Project duration: 10 months

Brief description

Design and implementation of changes to a current account system for processing broker commissions. The focus here is on making the payment date more flexible while still guaranteeing correct accounting. The existing interfaces to external systems remain unchanged.

Supplement

The necessary implementations only affect batch modules. These are implemented with XCobol. A DB2 database is used for data storage. Information stored in control tables regulates which transactions are important to processing. An additional list provided via BETA93 enhances the internal controlling system.

Subject description

In order to flexibly control the payment of broker commissions depending on the effectiveness of a contractual change, it is necessary to create a suitable set of instruments. This makes it possible to influence the number of contracts to be considered in the commission payment; this can be done from outside without changing the software. In order to ensure that revenues and costs from transactions with an effective date later than the current month can be traced during the fiscal year on an accrual basis, the payment is posted to accounts for accrual. Commissions with due dates in the following year are not posted or paid out.

Overview

Project period01.01.2011 - 31.10.2011

Have we sparked your interest?

Joachim Schütter

Key Account Manager

Jetzt Kontakt aufnehmen

Contact now

Download file