The NEST Back Office is a complete solution for Multi Asset, Multi Exchange trading back office.
The architecture is a real Multi-tier system with independent of database & application server & a thin browser based client. The client side installation only requires IE 6.0. The software works on a centralized database & connection can be made from local LAN, VPN, Intranet, etc.
- Single client for multi market / exchange operations.
- Client wise brokerage & Charge settings for different markets.
- Maker checker facilities for charges passed with recharge & roll back features.
- Scheme settings with products wise charge like Volume wise, Rate slab wise, Scrip wise, Day Square up & Delivery charges.
- Schemes also include statutory charges like CE Tax, TOT charge, SEBI Charge, Stamp charge with option to charge the client or debit the expense account as the case may be.
- Scope is also provided to include other charges like Late fee, Margin limit exposure, cheque bouncing, etc.
- Margin accounting on day basis for initial, VAR & M to M margin for pending positions.
- Deliveries are made available in both Auto & Manual ways.
- Auto delivery in derived on NSDL Speed files Import & Broker pool account is maintained in the system.
- Loan creation on inward from clients & priority to adjust on outward delivery is tracked by the system.
- Powerful MIS is provided on Speed transactions, Delivery transactions & Instruction generated for DP.
- Integrated depository, derivatives & commodities market solution.
- Dynamic & Web reporting is provided with all facilities to port data on Word, Excel, Text, Adobe, HTML, etc.
- System definition interfaces with other applications like E-Broking, E-Banking, etc.
- Web based, multi-tier to work across network & connectivity from any remote logins.
- Enhanced data Access Protocol to enable work multi networks like LAN at Head Office & supports any wired & wireless data access protocols.
- Multi-tier architecture enables highest level of security in the public gateway (WWW) and enhances performance to be tailor made to suite the hits & approaches.
- Independency of Multi-tier enables clustering technology to distribute workload to more than one server & there by reducing huge cost in high end servers/platforms.
- The system architecture enables handshake with any number of third party applications like, front office, Risk management tools, Content providers, Banking - Payment Gateways,
- Installation at the server side & client access with the browsers reduces maintenance & updating hazards.
- The technology has distributed the application functionalities in to individual components & every components function individually. Powerful web reporting tool for branch & client access.
- Single platform solution for multi market & multi company operations.
- Business process & Cost center accounting there by enables to derive at unit by costing.
- All financial statements including Trial balance, P&L and B/S can be taken on cost centers.
- Complete automation of delivery modules there by reducing manual interface & enhancing performance.
- The automated delivery system guarantees highest level of accuracy & control in scrip movement across broker beneficiary & client beneficiary accounts.
- Branch & region based access & functioning to distinguish between branches & franchises, thereby enabling data on demand at all levels of users.
- On demand data goes a long way in client servicing.
- Intercost Vouchers – a new tool to maintain the statutory norms of accounting client balances & margin money for the trading exposures.
- Offline upload facilities of client balances & multiple in exposures to risk management tools based on the account & holding balances.
- NSE EQ
- NSE F & O
- BSE EQ
- CURRENCY DERIVATIVES (MCX-SX,NSE-CDS)
- COMMODITY (MCX,NCDEX,NMCE)
- I-SIGN-DIGITAL SIGNATURES
- DEPOSITORY ( NSDL & CDSL )