The challenge.
The client was struggling with their automated stock-broking system, and was looking for a vendor to provide not only technical implementation, but also high-level design services.

Our solution.
We initiated with requirement analysis studies and drew-up a high-level design of the stock-broking system; the first two phases of the Software Development Life Cycle (SDLC). The requirement study and high-level design were completed in less time than scheduled and the design document was accepted by Lippo. On the basis of the design document we were further commissioned for creating and implementing an integrated stock-broking system.

The results.

• A completely integrated system, catering to multi-currency transactions for both retail and institutional businesses.
• Online updates of used limits and portfolio for clients based
  on orders.
• Online updates of accounts/clients balances based on vouchers.
• Online updates of physical stock based on receipts and deliveries.
• Online valuation of client portfolios based on market price.
• Margin call monitoring based on confirmed executions for
  margin clients.
• Integrated with fax software for sending confirmations by fax.
• Facility to generate ASCII file for sending confirmations by Telex.
• Facility to track corporate actions and entitlements for
  custodial clients.
• Cash flow projection.
• Net adjusted working capital report.
• Marketable securities tracking and revaluation.