Real-Time Message Routing for Accurate Intraday Balances
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Solution Overview
Problem
The lack of real-time intraday services for accounts, such as demand deposit accounts (DDAs), leads to the proliferation of systems that derive intraday balances from non-confirmed sources, resulting in inaccurate information.
Innovation Solution
Systems and methods for receiving, transforming, and routing messages in real time, which involve a processing application that receives an instruction, identifies a destination ledgering platform, re-formats the instruction to generate a posting, and routes it to a messaging ingestion platform, which then updates account balances and publishes the information to a messaging queue.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Measurement precision
If real-time message routing and transformation system is implemented, then information accuracy is improved, but system complexity increases
Solution Approach 1:
The patent introduces a messaging ingestion platform and messaging consumption platform as intermediary components between the instruction source and destination ledgering platforms. These platforms receive messages through supported channels, transform them into standardized postings, route them to appropriate destinations, and publish confirmed information to messaging queues. This intermediary architecture enables real-time information accuracy while managing system complexity through modular, standardized communication protocols and transformation rules.
2Adaptability or versatility
If multiple systems are used to derive intraday balances, then service coverage is improved, but information reliability deteriorates
Solution Approach 1:
The messaging ingestion platform and messaging consumption platform serve multiple functions: receiving instructions from various channels, transforming different message formats into standardized postings, routing to multiple destination ledgering platforms, and publishing to messaging queues. This multi-functional architecture provides broad service coverage while ensuring information reliability through centralized transformation rules and confirmed posting generation, eliminating the need for multiple separate systems deriving balances from non-confirmed sources.
Data Source
AI summary
A method may include: a processing application receiving an instruction, identifying a destination ledgering platform for the instruction, re-formatting, the instruction to generate a posting, and routing the posting to a messaging ingestion platform; a messaging ingestion platform program routing, the posting to the destination ledgering platform, wherein the destination ledgering platform is configured to consume the posting, update appropriate account balances, and publish the posting and the account balances to a messaging queue; a messaging consumption platform computer program receiving the posting and the account balances from the messaging queue, dynamically consuming the posting, retrieving a consumer profile, re-formatting the posting based on the consumer profile, generating a new message for the re-formatted posting, and publishing the new message to a messaging queue, wherein a consuming application is configured to consume the new message.