Improvement in business performance
- Accelerate your funding cycle and get thorough transparency. FINBOS uses an educated and systematic approach to balance operational efficiency with cost control. In particular it:
- Enables straight through processing of settlements processes from case management, workflow, regulatory compliance, payment and settlement of balances in areas such as coupons, interest, dividends, fees, derivatives and brokerage and any other type of cash flow.
- Provides senior managers with 360º transparency of the balance sheet. This means you can control debt management and implement provisioning strategies. Elsewhere with a high level of transparency you will be equipped with all the information you need to develop global strategy and vision.
Address specific operational needs by easily adding on modules
Reduce payment costs. Facilitate bulking/netting. Generate messages in formats acceptable to multiple gateways and banks. Immediately identify if payment messages have been processed. At the same time enhance customer service.
Increase straight through processing and reduce time spent entering and validating standard settlement instructions (SSIs) each time a payment is made. Standardise the formatting and exchange of SSI information.
Choose to add SSI Repository as a complimentary module to the Payments module or as a stand-alone module.
Facilitate bulking, netting, control and reversal. Receive ledger balances updates. Generate messages in formats acceptable to multiple ledgers. Immediately identify if posting messages have been processed.
Profit and Loss
Get a detailed view of your P&L. Calculate profit and loss arising from dividend events. Take into account stock loan borrow transactions, depot and market claim transactions and book postings. Allocate the difference between amounts received and paid between tax elements and profit & loss.
Detect updates to positions and trigger updated P&L calculations. Predict and record date estimates, adjusted for taxes. Track over borrowed positions prior to their record dates.
Connect to market matching mechanisms
Connect to Equilend/Euroclear and enhance STP. Improve resource allocation by automating matching of payables and receivables from multiple counterparties. Simultaneously obtain a high level of transparency, full audit trail and detailed management information for strategic planning.