Working with business division hierarchies

Every large bank has its own way of structuring its business. Taking a global bank for example, there is usually a corporate headquarters, followed by global regions, which are broken down into countries, within which there are states, and then cities where the branches are located.

To support a variety of complex organizational structures, Pismo's Corporate Banking solution extends the core platform by introducing a flexible, generic hierarchy that can accommodate any type of structure you need. A hierarchy is created under a single org and is divided into levels. Levels are categories, such as Country or City. Each level contains divisions. For example, the City level might contain the divisions São Paulo, Rio de Janeiro, etc. So level is the primary element and may contain one, or more divisions. Typically, levels are organized by geography. For example, beneath the Headquarters level, there might be levels for region > country > city > branch. For example:

The hierarchy as a whole has a unique ID, as does each level and division. These IDs are used when creating account families. Each level and division has an index (0, 1, 2, ...), with 0 representing the Headquarters level, and a description.