InfoTech CapizarBBO solution System

CapizarBBO Solution

	InfoTech CapizarBBO solution is a functionally rich Stock Brokerage Back-Office and Trading System that caters for Broker Back Office & Online Trading System. Designed for flexibility, it provides Straight-Through Order Processing, Equity and Custody services with comprehensive online exposure and margin control capabilities.Providing a flexible end-to-end solution to brokerage houses with interfaces to the Trading and Central
Depository systems, the system is designed so that individuals as well as institutional clients are able to watch the stock market live, place trading orders, and view their portfolios online. This accessibility to the stock market for clients offers the potential to increase the volume of trading for brokerage houses using the Internet Trading System. With business advantages such as increased efficiency, risk management capabilities and the processing ability to manage trade cycles from order to settlement, InfoTech CapizarBBO solution is an ideal solution for Brokerages. The additional risk management measures in the system enables senior staff to promptly respond to business opportunities and also reduce the company’s financial risk in a volatile market.
Access
InfoTech CapizarBBO solution is accessed from a central location and supports multi-branch system operations where a branch-level defined access policy ensures controlled access to order management, equity and custody services, and accounting features. With Straight Through-Processing feature (trader/client capability to place orders directly to the stock exchange trading system without using exchange trading terminals), the brokers can extend STP trading terminals to clients, who are able to watch live market, place online orders, view updated portfolio and enjoy real-time charting. This operation is made risk-averse through a strict real-time order based margin control that enforces pre-trade risk management according to the exposure rules configurable on individual basis by brokerage houses, hence, there is complete confidence that no margin violation would happen. Central authority and risk management ensures that additional trading clients and branches can be added without increasing risk. InfoTech CapizarBBO solution has a very secure data access and application model. The smart authority management system allows addition or removal of authorities at user level. Each user is assigned a role and a set of exceptions to define its access to the system. A user cannot perform any operation through the system, which is not defined in his access list. A complete audit trail is available to register transaction level changes or modifications. This is a necessary audit requirement for brokerage houses.
InfoTech CapizarBBO solution System's Benefits
Multi-Currency System – The system supports all trading, client deposit and GL transactions in multiple currencies. The broker and his client can trade in stocks and futures of multiple exchanges in multiple currencies. Functionally Rich Back Office - Comprehensive back office functionality including Equity, Custody, General Ledger, Commission and Billing, Client Money Account Management, and comprehensive back office reporting. Comprehensive Margin Checking - The system will not allow orders to go through unless the margin control rules are satisfied at the back office level. The flexible functionality allows brokers to setup individual checks and balances for different types of clients. Internet access allows a nationwide or worldwide client list - The end clients will be able to watch the stock market live from their homes, submit their orders, and watch their portfolios live on the internet. This will enable the brokerage house to have a global client list, without limitations of location or physical access. For example, the brokerage can have clients all over Africa, in the Middle East, or worldwide. STP Facility- STP facility is being provided along with the global internet trading terminal so that end-clients can enter their orders through the internet trading terminal, and after margin control, the order is routed immediately and automatically to the stock exchange Trading System. With this system, the internet trading terminals belonging to the broker can be given to high-volume clients, so that they can completely manage their own trading, from market view to order entry to portfolio management, all through the broker’s stock exchange membership, with the trading commission going to the broker.
Equity Trading & Settlement Module
Integrated with general ledger Integrated with Custody module Supports multiple branches Flexible clearing cycles. Can accommodate any cycles (e.g. T+3, T+1, T+0 and others) Ready (normal) and Spot Trades Handling Operates on NCSS companies and those settling on stock exchanges Operates on Physical and CDC companies. All taxes – configurable rates Offers a flexible commission and fee structure: Different slabs for different price ranges. Commission rates can be defined in percentage (by value) or in Paisas (by volume). Provision to define separate rates for trading & delivery. Provision to define separate rates for different trade types. Provision to define fix, minimum and maximum amount and rates. Provision to attach different slabs with different clearing regimes. Client/Stock Exchange/Security wise commission structures. Automatic trade splitting in one-way commission process if buy and sell have different total volumes Commission paid (if traded in other stock exchange or with other brokers) Executive commission handling Criteria based trades modification and aintenance screens to modify more than one trades in a single step. Splitting of trades. CTC trade generation Reports Detailed and summarized trade reports (all, client wise , security wise, date wise, trade type wise, clearing type wise, branch wise, others) Detailed and summarized settlement reports (all, date wise, client wise, security wise, clearing type wise, trade type wise, branch wise, others) Clearing House delivery and payment reports Confirmations to clients Holding reports Client Ledger and cash book reports Commission reports (client wise, trader wise, branch wise) Executive (Agent) Commission reports Client margin reports House Exposure reports Portfolio reports (Capital gain/loss and Diminution) Several other statistical reports Bill Generation Process Bill Cancellation process Imports Regular trade imports Regular market rates import Invalid client and security handling in trade import Terminal User id wise mapping for remote trading terminals Supports both Bill and transaction base modes In transaction based mode, locking of trades after the execution of commission and clearing process.



The following are extra value modules, which are not included in the base cost of the base system.
Web Based Trading System
The client does not need access to a machine on which the trading terminal is installed. He can perform trading from any computer simply through a web browser – a useful feature when the client is traveling or is not at his home or office, and does not have access to his own computer. Web Based trading and reporting Ajax based live market watch Place and cancel order Outstanding orders view Cash withdrawal Real time Risk Management System Comprehensive online web reporting
Mobile Trading System
Mobile Java Application compatible with wide variety available handsets. Order placement Real time order confirmation Real time Market Watch Flexible market watch configuration Real Time Risk Management Margin positions detail view
Fixed Income Securities Trading
T-Bills, Government and Corporate Bonds Fixed Income Client Setup Purchase from the issuer, central bank or the market Sale Maturity Pre-Maturity, Re-Discounting and Short-Term Maturity. Coupon schedule with coupon rates Commission Reports
System Requirements
The system runs on the Intel platform, with any version of Windows operating system. The system is based on the Oracle backend database. Some modules, such as the internet trading terminal and the feed server are in Java for greater efficiency and reliability.
Internet Trading Screens (sample)