1. Post market contract processing in iBeats is around 12-15 minutes for Institutional
2. High Speed Engine to process daily 7-10 Lakhs Institutional trades resulting into 4000-4500. Institutional Contracts / STP / EOD in a shortest time frame.
3. CTM (Omgeo) interface - block & allocation level reporting.
4. CP, CLD & OTR generation, Bulk deal / Block deal, 6A-7A reporting.
5. All trades can be merged periodically during market hours (Import Trades) on demand.
6. Exceptional Brokerage with different combination
7. DMA / Normal contracts with different Brokerages
8. Splitting of Contracts with same average rate
9. Customised give-up trade reporting, EOD Trade confirmation to FII Customers
10. STP reporting (FT / NSEIT / NDSL) to custodians & clients.
11. Quick & smooth interface to generate STP files for STP vendors with minimum key strokes.
12. On the fly modification of following parameters during STP generation without going to master.
13. STP generation – Support for Flat file & ISO Format generation.
14. STP can be sent to client / custodian or both.
15. Options for sending Summary or Trade details.
16. STP Batch can be generated for All clients, Custody wise, Client wise or Contract wise.
17. Complete CTM work flow including Block, Allocation & ACWF (Allocation confirmation work flow).
1. Average cost of operations for voluminous transactional business (includes IT Infra, Man power) reduced to 30% to 40%.
2. Benchmark: Processing 10 Lacs trades with around 1 lacs contract takes around 15 minutes right from Importing Trades, contracts, Bills & Ledger posting
3. In-depth SEBI MTF module, covering algorithms for Funded trades & efficient use of available margin between SEBI MTF & Derivative Segment.
4. Improved collateral management which reduces significant working capital requirements of day-to-day operation.
5. Automation:
a. Generation of reversal entries of 3rd party cheques.
b. Reversal & marking of stale cheques after 3 months.
c. Reversal of unreconciled receipts after ‘n’ days.
d. Improved interface for Bank reconciliation with auto reco of NEFT, RTGS. Reduces average reco time by 50%.
6. Browser based login for Branches & Remisiers. Reduces hurdle of updating exe & installation at Branches / Remisiers.
7. Handling of CUSA, Collateral, Funded Stock securities
8. Sophisticated Single click DSS (Decision Support System)engine for Shares & Fund payout which covers all risk parameters and additionally takes care of provisional debits like DP charges, provisional interest and other user defined debits.
9. Managing Business Risk which includes Credit, Regulatory, Operations & Settlement Risks.
10. Efficient Upstream & Downstream Collateral Management
11. Single click to pass Auto JV in all segment / exchange.
12. Single click Settlement of Ledger process (Monthly / Quarterly). Optionally daily settlement of Ledger, to reduce fund / collateral outflow.
13. Single click processes for securities Pay In & Pay Out, Slip generation, Fund Payout, Auction process
14. Handling of Corporate Action for Scrips in CUSA, Collateral Funded stock & Pool A/c, for Dividend, Bonus, Rights, Stock-split, Merger, De-Merger.
15. Liquidation process for T5 Ledger debits & CUSA overdue
16. Exception Management for handling Brokerage modifications, Client blocking for payout
17. Brokerage sharing across multiple registered intermediaries like Channel Partners, Master Franchises, Franchises, Remisiers etc. (no limitations)
18. Special day brokerage for specific events
19. Accounting for Prepaid / Advance Brokerage scheme
20. Multiple Sub Accounts
a. For a Single UCC Client e.g. Advisory Broking, Client Arbitrage, Spot, Strategy based etc. with no restrictions on LOB
b. Parametric Sub-Account settings for Brokerage, Risk Profile, Brokerage Sharing, Bank & Demat
c. Separate Contract, Bill Position, Ledger
d. Separate Fund PayIn / Payout, Security PayIn / Payout