QFD can integrate either via REST or SOAP using real time API calls to the system of record in order to perform interest calculations.
As a system, QFD can calculate interest by either 360 or 365 days (to be decided by the client and their business needs).
Since each system of record requires its own unique set of request parameters, we will need the following details to be provided:
API method name for determining interest rate and statement cycle days
Request REST JSON or SOAP XML sample
Response REST JSON or SOAP XML sample