FEX use cases > Account Management

Account Management

Additional deliverable objects for product configuration

Overview

User profile

Account Management is a service provided by SWIFT, based on a set of XML messages. The Account Management business area contains messages that are used for the management of account-related activities, such as the opening and maintenance of an account. Account management messages are used to manage investment account opening and modifications to registered account information.

Provided services

Axway Financial Exchange provides the following messages for Account Management:

AccountOpeningInstruction: Instructs the opening of an account or the opening of an account and establishing an investment plan
AccountDetailsConfirmation: Confirms the opening of an account, modification of an account or the provision of information requested in a previously sent GetAccountDetails message.
AccountModificationInstruction: Instructs the modification of an existing account.
GetAccountDetails: Requests the some or all details of a specific account.
RequestForAccountManagementStatusReport: Requests the status of an AccountOpeningInstruction or an AccountModificationInstruction message.
AccountManagementStatusReport: Provides the processing status of a previously received AccountOpeningInstruction or of an AccountModificationInstruction message

Processing

On the customer side: Receiving requests from back-end applications, translating these requests into the corresponding XML messages, sending these messages via InterAct to the destination bank, acquiring and routing the messages to back office applications.

On the bank holding the account side: Receiving request XML messages via InterAct, transmitting these requests to back-end applications, acquiring the responses from back-end applications and transmitting responses via InterAct.

Axway Financial Exchange products

Product	Configuration characteristics
Gateway (mandatory)	Real-Time mode for FileAct
Integrator (mandatory)	Use Integrator to handle Account Management SWIFT-XML messaging: See generic SWIFT-XML messaging platform use case Use the following Integrator objects, depending on processing needs: XML Classifier SWIFT-XML Wrapper SWIFT-XML Unwrapper XML Validator XML Business-Document Use the following Integrator Connectors: SWIFTNet Gateway Sentinel JMS for MQSA
SWIFTNet Portal (optional)	Message recycling features
Sentinel (optional)	Monitoring features

Additional deliverable objects for product configuration

Product	Add-on object
Gateway	Adaptable pre-built configuration samples: Generic SWIFT Remote Site object Generic SWIFTNet Trading Partner object for loop transfers in InterAct and FileAct protocols
Integrator	Account Management SWIFT-XML message repository (four messages) (If used with SWIFTNet Portal) pre-built SWIFT-XML message validator Integration-Process
SWIFTNet Portal	Account Management SWIFT-XML message repository
Sentinel	Tracked Objects for: Integrator Gateway SWIFTNet Portal Pre-built technical displays (Dashboards) for monitoring: SWIFT-XML exchanges and Integrator message flow Gateway transfers (if Gateway is used) SWIFTNet Portal message handling (if SWIFTNet Portal is used)

Documentation

Axway Financial Exchange documentation set
SWIFTNet Portal documentation
Gateway documentation set
Integrator documentation set
Sentinel documentation set