-:- Softech Systems Pvt, Ltd -:- Our Products | Stock Exchange Clearing & Depository System

Stock Exchange Clearing & Depository System

A complete Clearing, Settlement and Depository system able to cater all the Depository and Clearing functions of an Exchange
The database is designed so that both the Clearing System and Depository System can be run by a single entity on the same server, or by different entities, on different servers at different locations
Designed to couple with the trading engine where runtime data is exchanged between the systems, so as to effectively monitor a Pre-Trade validation in cases where short-selling is prohibited
A completely web-based system where all clients can access the system through the web from practically anywhere in the world
CSD has a very secure data access and application model The smart Authority Management System (AMS) allows addition or removal of authorities at user level

CLIENT

1.	Ghana Stock Exchange
2.	National Clearing and Settlement System of Pakistan

FEATURES (Depository)

1.	Deposit of Physical Securities in the System	6.	Automated netting of securities and cash at client level
2.	Transfer of securities from one depository account to the other	7.	Automated movement of securities on the Settlement Date
3.	Pledge of securities through the system to a Financial Institution	8.	Cash Pay & Collect performance for the Centre Counter Party by the designated banks
4.	Withdrawal of Securities from the System in Physical form	9.	Pre-Date validation of active accounts and holding (in case of checking and blocking short or blank sell)
5.	Credit of New Issue, Bonus or Right Shares to the entitled Investors

FEATURES (Clearing & Settlement)

1.	Flexibility of handling multiple settlement cycles e.g. T+3, T+2, T+1 and T+0	4.	Cash Pay & Collect performance for the Counterparty by the designated banks
2.	Automated netting of securities and cash at client level	5.	Pre-Date validation of active accounts and holding (in case of checking and blocking short or blank sell)
3.	Automated movement of securities on the Settlement Date

FEATURES (General)

1.	Detailed Admin and Setup Module	3.	Extensive Audit Trail for all transactions
2.	Comprehensive Security and Access Rights Module	4.	Detailed Reports for all modules