-
Loan
requests from brokers. The system computes the margin money requirement for
a loan request (for example, 10% of the loan value or the settlement value)
based on parameterizable settings. Broker’s balance in the current account
with the bank is checked to determine whether the loan request should be
approved or not. For this purpose, an interface to the main banking
application of the bank is provided.
-
Manual
approval / rejection of loan requests, apart from automatic approval in case
of sufficient balance being available in the broker’s current account.
-
Reversal
of Loan Requests.
-
Purchase
of Securities against sanctioned loans.
-
Loan
Maturity Date Extension.
-
Loan
Repayment (through sale of securities / money transfer). Computation of
interest and penal interest (in case of late payment) is done by the system.
-
Dematerialization
or rematerialization of securities (swap of assets).
-
Securities
Prices input. This is provided so that mark-to-market valuation of a
broker’s holding can be done, and compared with the loan amount given to
the broker.
-
MIBOR
input. This is provided to support variable rate of interest for the loans
granted.
-
Tracking
of physical security certificates in case of purchase and sale transactions
in the physical mode (not dematerialised).
-
SGL
Form III printing for sale transactions.
-
PDO
Form 47 printing for swap of assets.
-
Disbursement
of interest receipt from RBI.
-
Redemption
of securities on maturity.
-
Customer
billing for services rendered.
-
Generation
of various analysis reports for internal use, customers and statutory
purposes.
-
-
SGLs
Issued Statement
-
SGLs
Received Statement
-
List
of transactions reversed
-
Unconfirmed
purchases
-
Security-wise
Constituent-wise balance report
-
Constituent-wise
security balance report
-
Credit
advice
-
Debit
advice
-
Redemption
amounts payable to clients
-
Customer
Status Report
-
Constituent-wise
billing report
-
Securities
Maturing in next <n> days
-
Constituent-wise
distribution of interest
-
Security-wise
break-up of interest received by a constituent
-
Customer-wise
statement of securities.
-
Mark-to-market
valuation of a customer's loan transactions.
-
Day-wise
Mark to market report for a loan.
-
Loans
maturing in the next <n> days.
-
Loans
matured, but the repayment is not received yet.
-
Low
loans margin money.
-
Printing
of PDO47 form.
-
Loan
account status for a customer.
-
Daily
Transactions Summary.
-
Transaction
log for a user.
-
List
of loan requests sanctioned (Manually/Automatically)
-
List
of loan requests rejected.
-
List
of interest payments received from customers.
-
List
of charges received from customers.
-
Loan
Disbursement Advice
-
Loan
Repayment Advice
-
Balance
confirmation letter.
-
Exception
report on Loans manually sanction in excess of Margin account Balances.
-
List
of Accounting Entries
-
Audit
trail report for all activities.
-
End
of Day Activity Report
-
Month-end
Report
-
User's
profile report
-
Data Base Administration Report
