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AUTOMATED SECURITIES BACK OFFICE

Securities Back Office for Wealth Management

Multi-language, multi-currency, multi-entity securities back office that assures the fluid cooperation of all actors in a financial services firm with respect to cash & securities management, settlement, corporate actions, fees & commissions, portfolio accounting, compliance, taxation and regulatory reporting

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AUTOMATED SECURITIES BACK OFFICE

  • CASH & SECURITIES MANAGEMENT

    Full control of cash management and securities inventory, Overview of account balances and expected movements

  • SETTLEMENT MANAGEMENT

    Automation of post-trade processing tasks: matching, confirmation, financial settlement and connections to custody/depository providers

  • GENERAL LEDGER

    Organising the correct and timely export of postings to the internal as well as external general ledger

  • FEES, COMMISSIONS & CHARGES

    Fees, commissions and charges calculation, scheduling, managing overrides and invoice production

  • REGULATORY REPORTING

    Generation of reports in the format required by local authorities

  • TAX ENGINE

    Rules based tax engine, what-if scenario simulation, client capital gains tax reporting

  • CORPORATE ACTIONS

    Automated workflow to ensure full control of corporate action events process

  • MARKET DATA MANAGEMENT

    Download and import market data in real-time from leading data provider

  • ALTERNATIVE INVESTMENTS MANAGEMENT

    Managing alternative investments including private equity, real estate, hedge funds, in compliance to regulatory requirements

KEY BENEFIT

  • Increase the productivity of back office staff reducing operations costs
  • Manage fees, commissions, investment constraints in a flexible and efficient way, through classes with appropriate exceptions
  • Benefit form quick innovation of products and services and reactivity
  • Easy incorporate SMIT in your application ecosystem, thanks to the SOA architecture with hundreds of functions displayed in the form of Web Service

FEATURES

  • Fluid management of post-trade securities processing activities, automating the confirmation & settlement processes, SWIFT support, custodians reconciliation
  • Managing securities master data, corporate actions, client account data, transactions and accounting, account balances and performance calculations
  • Periodical reporting to financial authorities and transparency in official statements for investors
  • Compliance with MiFID II, national regulatory and fiscal requirements
  • Definition and calculation of management fees and commissions