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The platform is also rich with a series of Reference Data Tables. Reference data includes generic, customer specific, vendor subscribed etc. Reference data tables are used for enrichment, validation, routing decisions, process decisions workflow management etc.
The data tables help consolidate, organize, manage and take responsibility for various type of data. Data can be static or dynamic, manually managed or automatically updated or a combination of both.
Preferences of customers, counterparties, transaction, stakeholders, as well as requirements of stakeholder and regulators can also be managed through well defined relational database tables supported by UI screens.
Interest Rate, Exchange Rate, Standing Instructions, Compliance data etc. from multiple sources are examples of dynamic data.