The Vertex Proposition Configurator is the main module for the configuration of VERTEX and allows for a very detailed configuration of all applicable customers, contracts, price components and structure of (sales & hedge) books.
The configuration of applicable customer contracts consists of four levels
A Proposition template consists of one or more Sales products, with (if applicable additional business rules, configured by using the VERTEX BRE engine
Specific cost component
The calculation and composition of the Product elements
The calculation and composition of the Product elements are determined by business rules that can be scripted in the VERTEX BRE-engine.
From the script (business rule) a calculation can be executed within VERTEX, and fee-tables can be used to retrieve list prices (fees). It is also possible to call an external application (for example Python or R).
During execution, the script can also retrieve time series or other (externally) available information for calculation purposes.
Process monitoring and control
- Monitoring activities on streaming data with Spectral and API with Dexter.
- 7-23, 7 days a week monitoring & operational follow up with Dexter and Spectral.