System and method for providing configuration and settlement processing of financial transactions using a hierarchy node model

A system for coordinating the generation of a plurality of electronic transactions from settlement data associated with previously decisioned transaction data originally captured by distributed client computer systems, the system comprising:

• at least one storage for assigning a first portion of the settlement data associated with a first node of the distributed client computer systems and a second portion of the settlement data as associated with a second node of the distributed client computer systems;
• a hierarchy for providing a hierarchical data access relationship between the first node in a first hierarchy level of the hierarchy and the second node in a second hierarchy level of the hierarchy, the first node related to the second node as a dependent node in the hierarchy, the data access relationship providing coordination of inheritance of respective decisioning criteria from the first node to the second node in a top down inheritance implementation;
• a settlement module for initiating a settlement process at the second node by collecting the second portion of the settlement data assigned to the second node, and for continuing the settlement process at the first node as defined by the hierarchical data access relationship in a bottom up settlement implementation by collecting the first portion of the settlement data assigned to the first node;
• and for configuring the collected settlement data including the first portion and the second portion and for use in generating the plurality of electronic transactions and sending to at least one member system the plurality of electronic transactions for facilitating processing of the plurality of electronic transactions.