FINSUITE DATA MODEL

The Middle Office Data Model

Structure position and transaction data of any asset type.

All-in-One Model

MODM is a complete data model that structures all aspects of any financial position and transaction across traditional and digital assets, even the most complex position structures or order sequences.

Compliance

MODM ensures compliance with regulatory, internal, and customer requirements while enabling uniform data management for decision-making, back-office, reporting, and accounting.

Compatibility

MODM is designed to work seamlessly with the Financial Instrument Data Model (FIDM), enabling a fully structured integration of data on financial instruments and involved parties.

Scope

Five core packages to cover all aspects of a position

MODM CORE AREAS

Holistic data coverage for positions

MODM comprises five core packages, providing a comprehensive overview of all financial positions and their changes over time.

POSITION

Accounts, deposits, and the individual balances of financial instruments and other assets, including entitlements (e.g. borrowed) and contingencies (e.g. margin requirement).

TRANSACTION

Orders, transactions, their triggers, and accounting entries (e.g. trading orders, loan applications, payment instructions, collection of interests and dividends).

CONDITION

Contractual and financial conditions to be applied in position keeping and order execution (e.g. terms and conditions, fees, taxes commissions).

ASSET

All asset types other than financial instruments covered by the Financial Instrument Data Model (FIDM), such as real estate, vehicles, and insurance contracts, as well as non-financial asset features like value estimation.

PARTNER

Information on individuals and institutions associated with positions, transactions or contracts (e.g. bank customers, counterparties, business partners), including role specific properties (e.g. Know your customer, risk profile).

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MODM FEATURES

What sets MODM apart

MODM is a comprehensive, proven, stable, future-proof, and user-friendly solution with a strong international focus.

MODM covers financial instrument positions, orders, transactions, clients, business partners, and service conditions, significantly simplifying position management and accounting processes.

MODM is trusted by leading banks and other financial institutions worldwide, powering various successful, real-world applications.

MODM’s instrument-flow approach ensures compliance with any accounting and reporting standards, providing a robust basis that can easily scale with evolving portfolio and risk management needs. Its modular design, uniform data structure, and clear separation between positions and financial instruments allow for cost-efficient, scalable development of future banking applications.

MODM operates independently of specific business models and platforms, providing full compatibility across financial institutions and systems.

MODM’s modular architecture allows for the deployment of the complete data model or individual, customizable components, enabling tailored solutions and smooth enhancement of existing systems.

While handling complex position structures and order sequences, MODM’s clear design makes it intuitive and accessible, with comprehensive documentation for easy user onboarding.

Designed for global use, MODM supports multiple currencies, languages, and time zones. Its flexibility with accounting standards allows for both national and international application.

Unlock full potential?

Combine MODM with FIDM for advanced position management

MODM + FIDM

A Full-Scale Position Keeping Solution

MODM is fully compatible with the Financial Instrument Data Model (FIDM), offering a seamless integration of position and financial instrument data.

Maximized Power

MODM is fully compatible with FIDM, forming a powerful, unified data architecture. While MODM can operate with another financial instrument data model, its full potential is unlocked when integrated with FIDM.

Seamless Integration

MODM and FIDM share the same level of detail, modeling techniques, and principles, ensuring seamless compatibility. As an integrated solution, they allow to manage data consistently and efficiently.

End-To-End

Combining MODM and FIDM provides financial institutions with a consolidated view of all assets, positions, and involved parties, linking Front and Back Office operations while enhancing risk control.

Finsuite Solutions

See MODM in Action

Discover how MODM powers real-world solutions for financial institutions, stock markets, fintech providers, and software developers – enabling scalable, standardized, and future-ready position and transaction management.

Regulatory Compliance

Meeting BCBS 239 with Finsuite

RISK DATA AGGREGATION AND RISK REPORTING IN BANKS (BSBC 239)

During the 2008 financial crisis, many banks faced challenges consolidating position, price, and risk data from multiple databases, hindering effective risk control and management. This lack of integration underscored the need for a more structured approach to financial data management.

In 2013, the Basel Committee on Banking Supervision (BCBS) introduced new principles under the BCBS 239 framework, significantly raising the regulatory standards for the aggregation and reporting of risk data. Compliance was initially expected by 2016. However, years later, banks are still at varying stages of compliance, as detailed in the Bank of International Settlements (BIS) progress report published in November 2023.

FIDM and MODM provide an integrated solution that aligns with BCBS 239 requirements, offering a consistent framework for structuring financial instrument and position data. They enable effective aggregation, reporting, and management of risk data, delivering a comprehensive view of risk positions, accurate valuations, and key figure calculations across departments.

With Finsuite’s support, banks can swiftly transition to a unified data architecture that meets BCBS 239 standards.

The smart way to manage reference data of financial positions

Get in touch with us

Reach out for more information, inquiries, product demos, or partnerships. We’re here to connect and support you: datamodel@ecofin.ch