MoneyWare Custody Rolls out Reporting Module for India’s Reserve Bank of India

MoneyWare Custody solution provides a one-stop solution to manage the entire custodial business. It offers support in all areas of custody operations, including instruction management, securities lending and trade settlement. It has recently rolled out a new reporting module for India’s Reserve Bank of India.

Key Features

• Configurable search engine for every entity in the system
• Extensive security features for tighter monitoring and control
• Generic file upload for processing feed files with different formats
• High scalability at very low marginal cost
• Open architecture that allows easy building of interfaces to different systems
• Parameterized audit trail for every maintainable unit
• User access rights-based dynamic menu generation
• User-friendly GUI that is customizable

Benefits

• Serves custodians with a holistic view of assets, convenient search facilities, and total compliance with regulations and client mandates
• Generates cash and non-cash benefits with corporate actions on daily basis
• Facilitates relationship managers to outline investors’ profile and propose suitable AUC (assets under custody) fees and transaction fees
• Covers integrated general ledger accounting
• Facilitates order matching, affirmation, and settlement through the flexible trade settlement engine
• Supports third-party interfaces and reconciliations to upload and download data (e.g., trades from an external feed, Bank and Depository data for reconciliation)
• Easy and flexible to interface with external systems

http://www.milessoft.com/Custody.aspx