Create Virtual Financial Components

The eligibility and entitlement engine creates the virtual financial components based on any changes in circumstance. When there is more than one nominee assigned to the same rules objective, the eligibility and entitlement engine must create virtual financial components for these nominees separately. This is to account for the different delivery patterns for each nominee.

To create the virtual financial components, the eligibility and entitlement engine creates and stores new decisions based on the new information. Note that the eligibility and entitlement engine creates the case decisions based on the case evidence.

The eligibility and entitlement engine then creates the virtual financial components from the case decision objectives. To create the virtual financial components, the eligibility and entitlement engine uses the case decision period and the nominee delivery pattern frequency. Thus, the eligibility and entitlement engine creates virtual financial components for each nominee separately.

Virtual financial component creation is the same as financial component creation for an original eligibility and entitlement result. The only difference is that virtual financial components are stored on a temporary basis.