FIDM™ compatible

MODM is fully compatible with FIDM™; it aligns itself seamlessly to the FIDM™ classes. There is no double-tracking, nor inconsistency. The two models together constitute a thorough basis and are suitable for use in the data management of every financial institution.

Comprehensive

The MODM covers all information in connection with customers, orders and positions in financial instruments. The model is therefore a suitable basis for all position-keeping systems in the financial sector and can, if used properly, lead to a radical simplification of position-keeping and accounting systems.

Stable

The basic principle of the MODM is the instrument flow approach. This makes the typical flows in financial instruments the basis of all further descriptions. This approach allows you to perform evaluations in accordance with any accounting or reporting standards. It is therefore also suitable as a basis for modern portfolio and risk management and lends the model greater stability.

Forward-looking

By making the clear distinction between position and financial instrument and by describing all positions in a uniform way, the model opens up completely new possibilities for the development of modern banking applications. Although particularly applicable to portfolio and risk management, this also applies to the development of modern "Back Office" systems, which can be implemented far more easily and economically because of the uniform data structure.

User-friendly

Although the MODM can describe the most complex position structures and order sequences, its clear structure makes it comprehensive and intuitive. Comprehensive documentation permits to become familiar with the material quickly and easily.

INTERNATIONAL

From the very beginning, the MODM was developed as a model for international use; the model therefore supports several currencies, languages, time zones, etc. Because it does not rely on specific accounting standards and at the same time, allows you to reproduce any accounting standard, it can be used both at a national and at an international level.