Financial domain

Financial domain

A financial domain is a specific area of consumer finance that can be isolated, researched, developed, analyzed, and modeled independent of other domains, a process known as compartmentalization (computer science) or functional decomposition.

A possible schema includes the following primary financial domains (headings) and sub-division (rows) include:

Domains can be formally characterized using class (computer science) representation. Each domain is codified by its unique set of attributes and stochastic or deterministic described behaviors. A financial domain thus described becomes a component that can be modeled.

Assisted by the use of Unified Modeling Language, the synthesis of the independent domain classes and sub-classes (i.e. modeled components) comprises an important substrate of a financial decision support architecture.


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