Interface groups and financial transfer architectures

TL;DR

This paper introduces interface groups as a formal method to model and analyze financial transfer architectures within organizational systems, emphasizing the composition and interaction of components.

Contribution

It adapts interface groups from execution architectures to organization architectures, specifically focusing on financial transfer interfaces and their composition principles.

Findings

Interface groups formalize financial transfer interfaces.

Composition of interfaces ensures system consistency.

Application to academic organization demonstrates practical utility.

Abstract

Analytic execution architectures have been proposed by the same authors as a means to conceptualize the cooperation between heterogeneous collectives of components such as programs, threads, states and services. Interface groups have been proposed as a means to formalize interface information concerning analytic execution architectures. These concepts are adapted to organization architectures with a focus on financial transfers. Interface groups (and monoids) now provide a technique to combine interface elements into interfaces with the flexibility to distinguish between directions of flow dependent on entity naming. The main principle exploiting interface groups is that when composing a closed system of a collection of interacting components, the sum of their interfaces must vanish in the interface group modulo reflection. This certainly matters for financial transfer interfaces. As an example of this, we specify an interface group and within it some specific interfaces concerning the financial transfer architecture for a part of our local academic organization. Financial transfer interface groups arise as a special case of more general service architecture interfaces.