The convenience of SmartVista's flexible parameterisation is best illustrated by the way it deals with commission fees and interest rates: these are set up as fee and rate schemes that can be linked to each product (contract template) so that any further changes will be automatically applied to all customers using this particular product. The scheme may be based on virtually any method known in bank practice: flat, percentage, tiered percentage, threshold percentage, min to pay or any meaningful combination of these. At the same time SmartVista allows individual fee and rate settings, for example for VIP clients.