OCTOSTP EQUITY BACK OFFICE SYSTEM
The OCTO STP Back Office solution has been developed with the objective of catering to the technology needs of multi-national firms and having the ability to trade regional markets locally. The solution provides comprehensive processing of securities and exchange-traded instruments for banks and brokerages. This software manages all important facets of transaction processing, including fees calculation, clearance, position keeping and tracking, regulatory compliance and reporting, and investment accounting and record keeping.
- 1.Multiple Settlement Methods (ATI, SI, Hold Fund, Cheque etc)
- 2. Integrate with the company's general ledger accounting system
- 3. Provide CCASS clearing and settlement procedures
- 4. Provide Financial Return reports
Modules for Equities Back:
i ) FRR Module
Financial Resources Reports (FRR) are ready in the system. User can benefit from this built-in function for document reporting to regulatory parties (SFC).
In recognition of market trends, abc Multiactive's e-IPO module has been designed to accelerate the efficient process handling of initial public offerings for banks and securities firms. The e-IPO module checks the available balances of clients' portfolios and allocates shares and generates cash and instrument vouchers to draw money and deposit instruments. Applications are then automatically routed to either CCASS or the SFC for execution.
The Unit Trust Module is the sub-module of the OCTO STP System. According the Unit Trust Module, it designed to cater the straight through processing and workflow to the Nominee and Registry services. The system facilitates:
Unit Trust module for user to monitor the entire client ordering process from client ordering, sending order form to fund house, order execution and fund house settlement. This module can be used with stock module to provide collateral margin.
Features and Functions:
- 1. Subscription
- 2. Redemption
- 3. Fund Switching
- 4. Dividend Processing
- 5. Order Confirmation to broker/fund house
- 6. combine statement
- 7. NAV price upload from reuters Bloomberg
Bond / Note trade and settlement processing is same as equity
- 1. Bond accrual Interest calculation
- 2. Bond coupon calculation
- 3. Bond coupon delivery
v ) Document image management module
OctOSTP Document Imaging Management (ODIM) is a solution to handle clients’ electronic documents for a broker firm.
By integrating the ODIM with your existing system from abcMultiactive, your client enquiry function becomes a lot more powerful. Simply click the ODIM button in your existing client enquiry screen, ODIM Viewer will popup and display client’s electronic documents.ODIM is capable of storing multiple files/images for each client.
vi ) ELI / ELN module
vii ) OASYS module
Including block level and confirm action level trade two ways processing.
viii ) Email / Fax Gateway plugin