Post on 07-Aug-2020
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