ClearVision The Preferred Broking...

ClearVision™

The Preferred Broking Solution

• Established in the year 2000.

• Pioneer in the Indian and Kenyan markets for Securities broking solutions.

• Promoters have multiple years of experience in running securities broking

activities.

• Experience of working in varied markets.

-India, UK, Middle East, East Africa, Asia Pac

• Focused team of 35 professionals working on front, middle and back office

solutions.

About Chella Software

Customers

Qatar Insurance Co.Qatar Insurance Co.

• End to end automation including order and trade processing.

• Permits full internet access for users and client, helping geographical

expansion while retaining central control.

• Built on latest .Net web service oriented architecture, protecting you from

obsolescence for many more years.

• Permits major scaling up to handle hundreds of branches.

• In-built workflow support for security and operational best practices.

• Designed by engineers from India, with years of experience in building systems

for international stock broking firms.

ClearVision Value Proposition

ClearVision™ Features

• Stock Broker Back Office

• Online Trading

• Dealing Back Office

• IPO

• Portfolio Management

Major Modules

Automates all major stock broking processes

– Order Management

– Risk Management

– Contracting

– Settlement

– Accounts

– Reports Generation

Automation

TradingScreenof CV

Internet

OMS RMSFIX

Adaptor

NSE

Gateway

Central Trading

Control

Broadcast ManagerWebsite

Web Server

LAN/WAN

Stock Exchange

Automated Trading System

FIX

Market Feed

Price Feed

for MTM

Order Flow

StockExchange

Print Contract

Confirmation

Post AccountingEntries

ComputationOf

Brokerages,CommissionLevies

Update OrderBook

Update Trades(Exceptions Handled)

Trades Data

Contracting-Flow

• Decentralized (Branches & Agents)

• Order Entry

• Receipting

• Contracting

• Reporting

• Centralized (Head Office)

• Payment processing

• Risk management (limit setting, overrides)

• Security administration (setting roles)

Decentralized Access with Central Control

Payment Flow

Print cheque

(or)

EFT Confirmation

Head officeBranchAgentsWeb interface

Payment

Authorization

Validation(IncludingPendingOrders)

Prepare

Payment

Pre-paymentchecks(Funds

Availability)

Payment

Request

Post

Accounting

Entries

Receipt Flow

Bank Reconciliation

Clients Deposit Money

Bank Processes the Payment

E-Statement Uploaded in ClearVision™

Post Accounting Entries

Actionable MIS Reporting

• Revenue and expenses reports.

• Performance Reports.

– By Branch

– By Wealth Manager

– By Agent

• Working capital and credit risk reports.

– Ageing analysis

– Risk cover report

– Cash flow projections

Direct Access to the System

• Access is provided to the following people

– Head Office personnel

– Branch personnel

– Agents

– Clients

• Access provided through

– LAN

– WAN

– Internet

External World Interfaces

• Automated Interfaces to

– Stock Exchange Trade Report Files

– Depository Account Information File

– Depository Holding File

– Bank Transaction Files

– IPO Registrars

System Security

• Highly secure application.

– Role based access privileges

– Menu level restrictions

– Account level restrictions

– Value level restrictions

– Audit trail of all activities performed in the system

– Encrypted transfer of data between client and web server

– Automatic session time out

• Highly secure database server – SQL Server 2005.

Note on Technology

• Uses .Net smart client or browser clients, .Net middleware and SQL Server 2005.

• Capable of communicating through low Bandwidth lines.

• Protection against obsolescence for a long time to come..

• Highly scalable.

– Smart client communicating with server through web services

– Multi-tiered application, capable of scaling up and scaling out

• This will multiply manifold with browser based access to be launched this week.

Technical Architecture

Fire

wa

ll

Web Server

App

Server

DB Server

SQL

2005

DB Server

SQL

2005

Fire

wa

ll

•

•

and reports

trade confirmations

Thin Client (Browser)

View Account information

Place orders and receive

(Upcoming)

•

•

•

Thick Client (.Net)

Head Office Users

Branch Users

Agents (Upcoming)

Internet

LAN/WAN

Portfolio Management

• Extends broker’s capability to offer discretionary portfolio management services.

• Tracks holdings automatically.

• Adjusts for corporate actions.

• Rights

• Bonus

• Split

• Dividends

• Provides valuation and performance reports periodically.

ClearVision™ for Dealing

• Ideal for a proprietary desk.

• Supports trades in equities, bonds, T-bills and commercial papers.

• Seamless consolidation between Dealing and Stock Broking for

– Corporate Balance Sheet

– Corporate Ledgers and Statement of Accounts

– User access and privileges

Online Trading Module

• Centralized risk control, with negligible latency.

• Seamless integration with the back office.

• Highly evolved broadcast mechanism that provides real-time tick updates even

with large number of connections.

• Tried and tested handshake and recovery mechanisms.

• Currently live in a high-volume environment in India.

• Ready for trading in multiple exchanges, also in derivatives and commodities.

Screen Shot of Online Trading

Risk Management Terminal

Implementation Process

• Onsite study of customization requirement

• Sign off on customization BRS

• Development of customized modules

• User Acceptance Test

• Go Live

• Warranty

• Annual Maintenance