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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