In the business-to-business area of financial services firms, financial messaging is the backbone for processing financial transactions such as currency payments. Firms implementing these solutions require high levels of straight-through-processing (STP) and flexible processing configurations. Experience shows that decisions about the processing steps are dependent on various parameters, which can change during the processing life cycle of a financial message. This could be due to something like a missed deadline where special agreements for important customers need to be considered. To handle these situations, externalise the processing behaviour and to allow dynamic updating of the sequence of processing steps, the author invented the dynamic adaptation of electronic routing slips. The dynamic adaptation is based on financial message control information, processing status of the message and environment variables that direct the processing of the financial message. The financial message control information is derived from the sender, receiver, message type, clearing system and currency. The processing status of the message is determined at each step of the process. Environment variables are based on conditions that can change, or processing timeframes.
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