Account Balance Flows

When a financial change is made to an Account, whether it being funding, authorizations, clearing, refunds etc, the Account balance will need to be adjusted accordingly with the value. If the balances is not updated, reconciliation activities cannot be completed which can result in a number of problems, for example:

• Customers are not able to spend their money
• Customers are able to spend more money than they have available
• Profit and Loss cannot be calculated
• Settlement positions may not be correct and other issues may not be identified

There are many other implications and to mitigate this, the On Ledger solution processes all of the messages received which are reflected in the Account Balance and Account Movement reports.

Additionally for Network activity, CLOWD9 will provide notifications via the Dynamic Data Stream service to provide you with a near real time data feed.