Parametric Upgrade Of The Fund Transaction System Cost Calculation Module

The Mutual Fund distribution system is an investment product provided by consumer banks, which provides account opening, subscription, redemption, switch and some other transactions to individual investors。 The mutual fund distribution business expanded rapidly in recent years, with the keeps on increasing transaction type and volume, especially on the change of mutual fund types, transaction type and customer segregation types, it’s a risk and pressure to the fees/charge calculation module of current mutual fund distribution IT system。The original Mutual Fund distribution system uses manually maintained static formula to calculate the charges, system user should maintain different calculation formula for each combination possibility, base on these formulas system performs the calculations Working in this way, system user has to maintain a big number of formulas manually。 In order to handle this issue, we re-design the charge calculation process to be base on parameter setup。 System user needn’t maintain the static calculation formula, but maintain the dynamic charge setups base on all the input criteria, which improves the system’s efficiency and maintainability, to support the rapid expanding business.