Message-Based Interface System for Credit Portfolio Data
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Solution Overview
Problem
Current business interfaces are not consistent across industries and businesses, leading to difficulties in exchanging information due to differences in programming, semantics, and formatting, requiring human intervention and lacking standardization.
Innovation Solution
A message-based interface system that utilizes a business object model to generate consistent interfaces for performing credit portfolio model services, credit portfolio analytical results, credit portfolio management, financial instrument exposure profiles, and material supply and demand allocation, enabling seamless communication across heterogeneous applications.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Adaptability or versatility
If heterogeneous business entities use their own proprietary interfaces and semantics, then each business entity can maintain its own programming standards and data formats, but information exchange between different business entities becomes difficult and requires human intervention
Solution Approach 1:
The patent introduces a message-oriented middleware system that acts as an intermediary between heterogeneous business entities. This middleware provides standardized message formats, routing capabilities, and protocol translation, allowing businesses to maintain their own interfaces while enabling automated information exchange through the mediating layer.
Solution Approach 2:
The patent creates a universal message-based interface system that can handle multiple types of business transactions and communications across different industries and business entities. The standardized message formats and protocols enable a single system to serve multiple functions and accommodate diverse business requirements without requiring human intervention.
2Ease of manufacture
If businesses use different semantics and data formats, then each business entity can optimize its own programs for specific purposes, but standardization and automated information exchange are lacking
Solution Approach 1:
The patent segments the information exchange system into standardized message components and protocols while allowing business-specific logic to remain in separate application layers. This segmentation enables specialized programs to maintain their unique functionality while communicating through standardized message formats, ensuring reliability and automatability.
Solution Approach 2:
The patent transforms business-specific data formats and semantics into standardized message parameters through protocol translation and data mapping. This parameter transformation allows specialized business programs to communicate reliably using standardized formats while preserving the original business logic and data meaning.
3Ease of operation
If human interaction is required to facilitate transactions between heterogeneous businesses, then information exchange can be customized and adapted, but transaction efficiency and automation are reduced
Solution Approach 1:
The patent implements self-service capabilities through automated message routing, formatting, and translation. The system automatically handles information exchange between business entities without requiring human intervention, while still allowing customization of message formats and protocols to meet specific business requirements.
Solution Approach 2:
The patent creates a dynamic message-based interface system that can automatically adapt to different business requirements through configurable protocols and formats. The system dynamically adjusts message structures and routing based on the specific transaction type and business entities involved, enabling both customization and automation.
Data Source
AI summary
A business object model, which reflects data that is used during a given business transaction, is utilized to generate interfaces. This business object model facilitates commercial transactions by providing consistent interfaces that are suitable for use across industries, across businesses, and across different departments within a business during a business transaction. In some operations, software creates, updates, or otherwise processes information related to a credit portfolio model, a credit portfolio analytical result, a credit portfolio management process control, a financial instrument exposure profile analytical result, and/or a material supply and demand allocation business object.