Published On: Wed, Apr 24th, 2013

Online Share / Stock Market Back Office for Cash Segment

Online Share/Stock Market Back Office for Cash Segment / Capital Market : BSE, NSE, MCX-SX etc…

  • BSE Back Office | Online Main Member BSE Back Office
  • NSE Back Office | Online Main Member NSE Back Office
  • MCX-SX  Back Office | Online Main Member MCX-SX Back Office

This Online Bse , NSE, MCX-SX Member Back-office is used to manage all functionality starting from Registration to Settlement.

This Cash Segment software helps member / broker to manage all sub broker / branches too.

This Share Market back office is simply to use and can be operates from any where with any gadgets.

 

Modules


Registration Module


  • Application Inward & Rejction Handelling
  • Application process
  • Client CodeCreation
  • KYC KRA Data Upload
  • UCC Upload
    • BSE UCC File ,NSE UCC File Generate – To activate client at BSE Cash segment module required for registration file upload at BSE
  • UCC FeedBack
    • Download Feedback of Activatin
  • Client Mapping
    • ODIN NOW OMNISYS Export – To register client at front office module is required to generate the registration file at given softwares
    • Dealer mapping provision – At the time of file export for front office, dealer name should come in file in order to map the client with that dealer, it will be derived from dealer master


Master & Trade Process Module


  • Client Master
  • Scrip Master
    • Script group/category – NSE , BSE wise, with trade to trade scripts, import utility for BSE, NSE Script master
    • Script group haircut – To decide the margin on selected group scripts, with import module
  • Settlement Master
    • Settlement Calender for BSE and NSE, WITH AUCTION CALANDER – Upload of settlement calender
  • Exchange Master
  • Depository Master
  • DP Master
  • CM Master
    • CM Accounts Master – To define all types of account like, CM Pool, CM Principal, CM benificiery
  • Bank Master
    • Bank Account master – To maintain the identification of various client account and settlement account
  • Broker Master
  • Sub-broker Master
  • Brokerage Master
    • Brokerage Sharing master – Brokerage master where we can define the Rate of brokerage sharing for remeshire, category of system to be accessed for brokerage
    • Flexible brokerage, Transaction fee & margin charges at client level
    • Prepaid brokerage – Prepaid Brokerage , where we can have the credit in client account at the time of account opening and brokerage will be deducted from that amount till certain period of time
  • Turn Over Base Client Brokerage – There will be clients category, and we will be able to map the brokerage at the client category level, so at the time of client activation instead of entering whole brokerage structure, we will map only client category
  • Taxes & Charges Master
    • Stamp Duty Master , state wise – In order to calculate the Stamp Duty and prepare challan
    • Interest rate Master – In order to charge client for late fund receipt
    • Service Tax Master – with effective date
    • STT Master – for calculation of STT
    • Exchange Turn over tax Master – Master at client level
    • DP Charges Master for debit transactions
    • Turn over tax, exchange SEBI
  • Brokerage & Charges/Generation & Verification
  • Contract Generation
  • Bills Generation


Obligation Module


  • Gross Exposure
    • Client , Sub Broker, Security wise level turnover report – Turnover Report at various level, client,Sub broker, branch etc
      Net Exposure
    • Fund Obligation toward Exchange
    • Security Obligation toward Exchange
    • Fund Obligation toward Clients
    • Security Obligation toward Clients
      • Stock Pay Out Obligation Calculation – Based on trades done and settlement cycle system should calculate the Stock Pay out Obligation after netting , more over specified stocks as per Exchange should be excluded from netting
      • Stock Pay in Obligation Calculation – Based on trades done and settlement cycle system should calculate the Stock Pay in Obligation after netting , more over specified stocks as per Exchange should be excluded from netting
    • Internal Obligation of Fund
    • Internal Obligation of Security
    • Margins Obligation
      • VAR Margin Upload – to calculate the margin
      • ELM Margin upload – to calculate the margin
    • Data uploading and Obligation Matching
      • Client wise STT Import – At the EOD, client wise STT file will be provided by exchange and that will be uploaded in back office, it will be required to generate the contract note
      • BTST ( Buy Today Sell Tomorrow ) provision – day wise closing price to be maintained
      • LTP File Upload – Last Trading price file upload for price
      • Penalty file download – In any case if the penalty is charged by the exchange ti member / client, then file will be downloaded from exchange and uploaded in back office
      • Trade file import – Trade file import in back office and according to that margin update, acc entries should be processed




Trade settlement Module


  • Fund Settlement
    • Settlement Summary – Client
      • Daily Trade Confirmation, Trade Summary, Day Net Obligation -Daily trade summary with all fund and security obligations
      • Trade summary with detailed drill down at ISIN, at client level – Drill down report for Trades
    • Settlement Summary Exchange
    • Settlement Summary – Sub brokers
      • Bill Process Remisier/AP – Bill Processing for remeshire brokerage calculation and processing
    • Settlement Summary – PRO Account
      • Pro Account Management – Effect of Pro account and reports wherever required
  • Security Settlement
    • Pay-in from client
    • Settlement Reconcilation
      • DEMAT – SHARE RECONCILIATION Stock Pay Out reconciliation , Exchange will give the pay out file and that will be uploaded in back office, and reconciliation of the payout should be done and shortage should be identified via report
      • DEMAT – SHARE RECONCILIATION Stock Pay In reconciliation , Exchange will give the Pay in Obligation file, that will be uploaded in back office and it will reconcile the pay in of securities,after that exchange will give the confirmation of the pay in , which will be uploaded in system and reconciled
      • SPEED-e, EASIEST , file import – All give file format should be supported in back office in order to give effect of DIS
    • Inter Settlement
      • DIS Generation Pay In Client Beneficiary to Pool/PrincipalCases where client stock is sold for pending obligation
    • Delivery Order
      • DIS Generation – Pay In Client Beneficiary to Pool/Principal, Cases where client stock is sold for pending obligation
      • DIS Generation – Pay In Client Beneficiary to Early pay in, In case where we want to do the early payin
      • DIS Generation -Pay In Client BO to Principal, In Case of Normal pay in DIS will be generated for client BO account to Principal account
      • DIS Generation – Pay In Client BO to Early Pay in, Where We need to do the early Pay in, DIS will be generated for client BO to early Pay in
      • Auction management – Whenever auction trades happens respective DIS should be generated for all above operations
    • Cross Depository Transactions
      • Inter Depository Settlement
    • Pay-out Allocation
      • DIS Generation – Direct Pay Out, Direct payout file for exchange, where we will upload the file at exchange and exchange will transfer the stocks directly in clients account
    • BTST Trades
      • BOD/EOD – BTST ( Buy Today Sell Tomorrow ) provision, day wise closing price to be maintained
    • Pool Transfer
      • DIS Generation – Pay out Pool to Client Beneficiary ,Cases where client fails to make the payment or any obligation is pending from client side , the stock will be transferred to beni acc
    • Pay-out toward client
      • DIS Generation – Pay out Pool to Client BO, Normal Pay out where security is received in pool account
      • DIS Generation – Pay out Client beneficiary to Client BO , When fund is received or obligation is cleared stock will be transferred to the client BO account
      • Auction management – Whenever auction trades happens respective DIS should be generated for all above operations
    • Corporate Action
      • Bonus shares Management – In case where Bonus is declared , there should be provision in back office to enter the Ratio of bonus and accordingly effect will be given , effect in DIS wherever stock is to be given to client
      • Script Merging – In case of merging provision should be there in system in order to update existing scripts records as per new script


Account Module


  • Funds Receipt and Pay-out Entry
    • Accounting & Payments – Check receipt Entry, Receipt entry for cheque received from client
  • Accounting Operations
    • Accounting & Payments- Interest calculation with auto JV posting monthly, weekly & daily, For cases where late fund is received by client, system will calculate the applicable interest rate and accounting entries will also be posted
  • Bank Reconcilation
    • Fund Pay Out reconciliation – Exchange will give the Fund pay out file and that will be uploaded in back office, and reconciliation of the payout should be done and shortage should be identified via report
    • Fund Pay In reconciliation – Exchange will give the Fund pay in file and that will be uploaded in back office, and reconciliation of the payout should be done and shortage should be identified via reportAuto Bank Reconciliation Auto Bank reconciliation provision where HDFC and ICICI statement will be imported in back office and system will auto reconcile the entries
    • Auto Bank reconciliation – provision where HDFC and ICICI statement will be imported in back office and system will auto reconcile the entrie
    • Cheque dishonored/bounced details Report
  • Funds Pay-out
    • Fund Withdrawal request – Where Client can give fund withdrawal request online that will be reflected in back office system
    • Running acc authorization,quarterly and monthly selection – Date selection for fund pay out
    • Client Fund Payout – Online Request module for customer to give the withdrawal request
    • Client Fund Payout – Authorization Module for fund withdrawal requests where specific user will confirm all the withdrawal requests , in given utility system will calculate all theobligations according to settlement cycle
  • Ledgers
  • Trial Balance


Shortages Settlement Module


  • Pay-in Shortage
  • Pay-out Shortage
  • Auction Sqaur-off
  • Internal Shortages Settlement




Charges / Penalty Module


  • Statutory Charges Application
  • Penalty Charges levied from client
    • Shortage Debit Process – In case of Shortage of Fund payin at client level, stock debit file should be generated from back office


MIS & Reporting


  • Clients Report
    • Client holding with stock valuation
    • Client level Net Position report with available margin
    • Stock Accounting, as per compliance requirement we need to maintain stock accounting and report should be available for that, which is to be given to clients
    • Daily Settlement summary email on admin email ID
    • All type of SMS Report
    • Margin Statement
    • STT certificate email to client
    • Auto Emailing in every report
    • As and when client comes to the 0 Account position auto imitation should be sent to client
    • Contract Note
    • Stock statement
    • Trade report
    • P&L report Short tem and long term
    • Margin Statement
    • Ledger Report
  • Associate Report
    • Income report for Remiser and AP, exchange level and consolidated
  • Business Report
  • Management Report
  • Statutory Report
    • Service tax register Report
    • Stamp Duty Challan Stamp Duty master for state level is required, Stamp duty will be calculated on the basis of state/City mapped with the client


Margin & Margin Funding Management


  • Margin Method Master , T day, T+1 Day, T+2 day, Margin calculation methods, which can be mapped at client level
  • Client Margin calculation and File Export To upload the limit at the front end , client margin file should be generated as per specified NOW, ODIN Format,Omneysys it will include both the limits cash and holding margin as well
  • Cheque receipt Entry / Online Transfer To update the limit of client,provision should be there to give limit on cheque entry or cheque clearance level,
  • Deduction of Brokerage , STT and Stamp Duty from margin and then upload to Front office
  • Customized Hair-cut at ISIN or Category level/ exchange file upload in back office system
  • Gross exposure margin
  • Risk Management & RMS report Family/Remeshire/Branch/Client wise risk limit
  • Funding report for Exchange – As per compliance requirement Funding report should be generated according to exchange format




Business Associate Management


  • Bonus shares Management – Where In case where Bonus is declared, there should be provision in back office to enter the Ratio of bonus and accordingly effect will be given , effect in DIS wherever stock is to be given to client
  • IPO Management – to be checked, Fund accounting and refund mechanism after allotment of shares
  • Income report for Remiser and AP, exchange level and consolidated
  • Brokerage Payment – After bill process, payment of brokerage to remishere with the respective accounting entries
  • Turn Over Base Remeshire Sharing


User Management


  • Security System (User wise permission / Add-Edit-Delete- Full Lock) with make checker facility
  • Branch Level
  • Menu Level
  • Role defining and Access – Where we can define a specific role and can give the access to other user based on the same


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