BPC Utilities
: Universal Transaction Set
: Market Simulator
: Server Load Simulator

The Back-Office Interface is a high-throughput processing engine whose role is to facilitate the integration of multiple clearing and custody systems with the Portfolio Accounting Engine. The Back-Office Interface retrieves daily batch processing files from back-office systems, translates the contents of those files to a standard format, and updates and reconciles customer and account data accordingly. Designed to allow files in multiple formats to be processed through a single mechanism as well as permit rapid configuration for additional formats, the Back-Office Interface provides a flexible, centralized means to automatically reconcile the contents of the Portfolio Accounting Engine against one or more back-office systems.

Facilitating employment of the BPC Suite as an accurate data aggregation and consolidation platform, the Back-Office Interface implements direct access to systems of record, not brittle screen scraping technology. Data accuracy is further ensured through automated handling of nearly all reconciliation events and idempotent processing for clean batch runs free of the duplications that result from operational restarts.

Standardized plug-in adaptors and the Universal Transaction Set (a robust, detailed abstraction layer) permit rapid creation of additional back-office interfaces. In this way, the Back-Office Interface component can simultaneously manage any number of interfaces with back-office systems using any number of proprietary file formats.

The BPC Suite as a whole is an event driven, real-time system. The Back-Office Interface currently processes batch files by recasting them as a series of events. If clearing and custody systems are capable of transmitting records as soon as processing occurs, the BPC Suite can in turn handle those events in real-time. BPC Applications can interface with traditional batch-mode or STP-ready real-time back-office systems or both simultaneously.