Validation of Events

The system provides you with the ability to run validation algorithms to validate your events. The validation algorithms may be used, for example, to validate the characteristics linked to your events. You may define separate validation algorithms that are executed based on the status:

  • Pending algorithms are executed when adding or changing a record in Pending status.
  • Freeze algorithms are executed when attempting to change the status from Pending to Freeze.
  • Cancel algorithms are executed when attempting to change the status from Freeze to Cancel.
Fastpath:

Refer to Designing Your Contract Option Types for more information about contract option event algorithms.