ACTUS Financial Research Foundation Information

ACTUS (Algorithmic Contract Types Unified Standards) is a data and algorithmic set of standards for financial contracts that provides the means to determine the contractual “cash flow” obligations of financial instruments. The algorithms constitute the core computations required to analyze, model and manage financial contracts. ACTUS is able to represent the financial instruments that are prevalent on the balance sheets of financial institutions and financial markets with less than three-dozen ACTUS Contract Types (CTs). These ACTUS Contract Types are a set of financial contract patterns and contract terms profiles that represent the unique patterns of cash flow obligations stipulated in financial contracts. The ACTUS financial contract standards are accompanied with a reference implementation of the algorithmic contractual terms and computational logic that allows ACTUS-enabled applications to generate current and future cash flow obligations. ACTUS provides an open business logic framework that enables the creation of number of consistent financial applications that includes transaction processing, financial accounting, risk management, and forward-looking analytical systems. The standard is supported and maintained by the ACTUS Financial Research Foundation, a 501(c)(3) not-for-profit research corporation and promoted by the ACTUS Users Association, a 501(c)(6) not-for-profit trade association. For more details on the ACTUS financial contract standards, the ACTUS data dictionary, and a formal specification of the algorithmic representation of the ACTUS Financial Contract Types, please visit the ACTUS homepage: www.ACTUSfrf.org.