Bank of America Corporation
SYSTEM FOR DYNAMIC CONVERSION OF PARTY OBJECTS

Abstract:

A system for dynamic and automated conversion of party objects based on a change in party type and/or party classification. Party-type and/or party-classification specific rules are relied on to determine which data and processes to include in the converted party object. As such, the converted party object provides for (i) retaining data and processes that are common to both party types and/or classifications, (ii) disabling or otherwise deleting data and processes not associated with the new party type and/or classification, and (iii) adding new data, data entry fields and processes for data and processes associated with the new party type and/or classification that were not associated with the previous party type.