One Or More Algorithms May Be Executed

If the FT is linked to a service agreement whose SA type has Freeze Algorithms, these algorithms will be executed when the FT is frozen. Because you can code whatever you please in an algorithm, anything could happen. Examples of such algorithm include:

  • An algorithm that routes consumption to third party service providers when a bill is frozen (refer to STG SND CONS for more information). This type of algorithm would be plugged in on SA types whose consumption can be interfaced to other service providers.
  • A bill message can be added to the account when the system detects that its deposit has been paid in full (refer to DEP PIF MSG for more information). This type of algorithm would be plugged in on deposit SA types.

In addition, FT freeze algorithms can also be defined on an account's customer class. Because you can code whatever you please in an algorithm, anything could happen. An example of such an algorithm is one that cancels match events when an FT is cancelled (refer to CNCL FT MEVT for more information). This type of algorithm would be plugged in on customer classes associated with open item customers.