Abstract: The embodiments herein are concerned with building an information system for enterprises. It has a unique versatile executor engine, which can interpret and execute transaction structures and information views. The information system can grow along with the needs of the enterprise. An information system built in this methodology will allow online and on site creation of new options and changing the existing options without any down time. The embodiments herein incorporate a unique technology, which enables an information system to be built without writing software programs. This makes information system building simple and quick. The data is analyzed and split into transaction structures and information views. These are then defined using the builder, which stores these definitions as data. This is intercepted and executed by the unique executor engine to provide the necessary information.