CONV_ENTER
The CONV_ENTER event marks the moment when all new donations are incorporated into an investment option as cash. Updating the invested
amount is essential for processing the event correctly because it
redefines ownership fractions for
the option.
Fields
| Field | Type | Description | Value |
|---|---|---|---|
Type |
string | Identifies the event | CONV_ENTER |
Timestamp |
DateTime (ISO-8601) | The timestamp of the event | |
Option |
string | The identifier for the investment option | |
Invested_amount |
decimal(20,4) | The total invested amount of money in the investment option |
Purpose
This event ensures that all donations are properly accounted for in the option and that ownership fractions are updated accordingly. It is a key step in the lifecycle of an investment option.
By J.W. Morsink