The NovaDatum Datamodel has been designed to support the Global trading activity of an organisation. It consists of four logical sections:-

Static Data

Transactional Data

Positions & Profit/Loss

Accounting

Static Data
Simple Customer Outline
	The Global Static Data part of NovaDatum supports a single world-wide view of customers and their hierarchy, no matter what role they are taking. All changes to sensitive static (and transactional) data are stored on-line for a user defined period.
Simple Asset Outline
The asset part of the database allows for all assets to be issued by a customer and is sophisticated enough to handle complex securitised debt, such as bonds and equities, as well as the simpler products.
Transactional Data
Simple Trade Outline
	As Assets can be issued by 'customers' this allows NovaDatum to handle up to four customers associated with a trade (excluding guarantors) you, the counterparty and the issuers of the two assets involved.
How Transactions are Defined to NavaDatum
Transactions are defined to NovaDatum as being made up of one or more components. These components are themselves made up of events which are individual or schedule based cash (or asset) flows.
Component Classes in NovaDatum
	The use of these six basic component classes, together with schedules for Interest and Principal movements etc. allows for ALL types of transactions to be defined and captured.
Positions and Profit & Loss
Every component defined within a transaction will create a position record (two in the case of foreign exchange cross deals) which can be marked to market and/or straight line amortised and/or theoretically valued (Net Present Valued).
Accounting
How Accounting Entries are Defined to NovaDatum
	Accounting entries are defined to NovaDatum at the event level of a component, and are time dependent e.g. the accounting for events that have not matured is different than for those events that have settled.

• Ability to define any financial instrument
• Global data including customer hierarchies fully supported
• Multiple external references held for major entities
• Allows for on-line history of changes and other audit information