This enables anyone to model out virtually any cash flow scenario with various transaction processing stages. The Patterns come with a broad-spectrum toolbox for creating complex financial transactions with multiple transitions between different statuses and operations appropriate to them.
The KoenigFinance solution incorporates a transaction building system based on the so-called Transaction Patterns. Well-Thought-Out Transaction Processing Logic The system keeps a record of changes in statuses of operations and logs the name of each manager that performed actions on them. Besides that, managers can see all internal accounting entries in transaction details, for example: incoming commission payments, affiliate payouts, currency conversion transfers, etc. The transaction transparency principle, which lies at the foundation of the KoenigFinance system, enables managers and clients to clearly see the updated account balance following successful transaction completion. The platform sports high fault tolerance: in the case of external glitches you can be sure that the results of all successful operations are safely recorded in the system. During the course of your work, you’ll be able to perform a high number of transactions with minimal system response time. The platform automates the optimal sequence of operations for the processing of data and completion of transactions of various kinds. The engine was designed in compliance with the ACID requirements on transactions and transactional systems. The Transaction Engine is one of the key components of the KoenigFinance platform core that facilitates the execution of internal and external financial transactions.
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