Back Office Operation

Overall Features
•  Truly multi dimensional flexible design
•  Support for authority level access restrictions for brokerage employees

Accounting
•  Customizable Chart of Accounts Includes:

-Customers
-Bank
-Market
- Brokerage
- (any extra required account)

•  Customizable Cash Transaction Types:

- Wire in, out
- Dividend
- Trade fees
- Purchase & Sale of Equity
- Credit & Debit Adjustment
- Currency Exchange (Sell & Buy)
- Check Payment
- Cash Withdrawal Fee (Incase of fees applicable to wire transfers)
- (any extra required type can be added)

•  GL Journal Entry (Full Debit / Credit), with Trial Balances, Balance Sheet, and Income Statement
•  Support for post dated checks and/or clearing periods.
•  GL Reports (Filter by Account#, Date Period)

- Customer Statements & Cash Balances
- Unallocated Cash in Bank
- Market Payment Statements
- Brokerage Fees & Commissions

•  Support for authority level cash transaction approvals.
•  Support for System wide or per user setting for release of funds during cash settlement period
•  Support for Dividend payments, stock Split handling, rights issue, bonus shares, and transfers.
•  Very rich reports

Order Management
•  Direct Order Entry
•  Process Incoming Queued Orders
•  Automatic GL Journal Generation
•  Layered pricing of fees per volume, amount, percentage, or flat. General Rule + User Specific Exceptions
•  Automatic computation of brokerage and exchange fees per market/security type, or specifically per client's pre-set rate
•  Daily Order Summary (# of Transactions, Volume, Brokerage Fees, Market Fees, etc)
•  Detailed Daily / Period Report (Order ID, Customer, Description, Amount, Broker+Market Fees)
•  User / Broker performance reports.
•  Supports Shares Pledging
•  Supports dynamic margin trading based on pre-set rates for symbols – which affect the Drawing Power of the customer based on the value of his/her portfolio.

Customer Management

•  Add / Modify Customer Details. (Creation of Accounts and Modifications)
•  Account Lookup : Search for specific customer
•  Asset Summary : Customer Asset Summary (Number of shares owned of each ticker, cost, value, etc)
•  Customer classification (Individual, Institution, etc)
•  Mapping customer allowed securities (of which ones that allow foreign ownership vs. ones that don't allow)
•  Upload customer scanned documents (Passport copy, contract copy, Signature, etc).

System Management

•  Language Management (No limit. Just populate the dictionary)
•  Currencies Management

- Unlimited currencies
- Define Valuation Only currencies vs. Cash Account Currencies
- Set USD Exchange ratio

•  Securities Management

- Unlimited security types (stocks, funds, bonds, commodities, etc)

•  Market Management

- Define new / edit market settings
- Manage Tickers
- Define new tickers, modify existing tickers

•  Manage Tickers Groups

- Example: Allow foreign ownership, locals only, insurance sector, etc.