With release 2.23 of Bricknode Financial Systems we just added a new native field for Legal Entities called KycDate. KYC is short for “Know Your Customer” and if you are operating a regulated financial service company chances are that you have to do a lot of work around this topic. Now, why is a simple […]
Time for a short update for developers! In release 2.23 of Bricknode Financial Systems, which is scheduled for launch before the end of January we have so far done the following things. Accounts For accounts we have added the property IsLocked in all methods to enable you to use this when creating, reading and updating […]
One thing that might be difficult to separate conceptually when working with financial API’s like the BFS API is the difference between cash and currencies. Cash is an asset class just like stocks, bonds etc. while currencies are the object that describes which type the cash is. Just like a stock can be a common […]
At its core, Bricknode Financial Systems is like a database application for building financial applications where you don’t have to host and maintain the database. With its API you can basically develop any financial service that you would like and not have to invent the wheel again. Custom fields are a way for anyone to […]
We just published a new guide in our knowledgebase at wiki.bricknode.com where we show how customers can use Bricknode Financial Systems (BFS) for managing and keeping track of the holdings of an investment fund. On top of this we also added a new add-on which can generate Net Asset Value break down reports for custodians. […]
A neat new cost efficient way to build smaller functions that can be consumed through simple HttpRequests are Azure Functions. Instead of building and hosting a whole web application it is now possible to build a function that can be triggered through a HttpRequest and then perform a number of things. Ideally when building some […]
Bricknode Broker now presents a new long-awaited feature that allows you to deliver subscriptions to new share issues directly within the customer front. What exactly does this mean? You can now use the feature Subscription Orders to give your customers the possibility within Bricknode Broker to, for instance, subscribe for new share issues on their […]
How should financial institutions think about their future IT needs to stay competitive and offer superior value and experiences for customers? In our opinion, the days are numbered for monolithic software systems being custom developed for financial institutions seeking to streamline their current operations. In a rapidly developing world where regulations are continually changing, together […]
It is important to understand the basic account structure of Bricknode Broker which include various types of customer accounts, issuer accounts, house accounts and then custody accounts that keeps track of all your assets. We just released a short video to clarify this.
We just released a new video that shows how a bond instrument works and a heads up on our release of the Bond Manager which will be released shortly.