What is the LUSID Movements Engine?

What is the LUSID Movements Engine and how is it configured?

LUSID is a transaction based system. To generate the holdings of a portfolio, LUSID runs the entire portfolio's transaction history through what is known as the Movements Engine. 

Inside the Movements Engine each transaction is decomposed into the underlying economic ‘movements’. The movements that make up a transaction are based on the transaction's type and can be configured via the transaction type configuration

The effect of each movement is applied to generate the holdings of the portfolio.