EnSettle® is a multi-exchange, multi-user Windows Based Back office Solution designed to deliver excellent value for Professional Clearing Member in the Futures and Options segment. This system serves as a platform for Professional Clearing Member in providing clearing and settlement services for transactions performed by their global clients.
EnSettle® aims to facilitate automated transaction processing and thereby
| Improving Efficiency | |
| Providing High Quality Service | |
| Reducing Errors |
EnSettle® allows a unified integration and online interface with NEAT system, provided by NSE to view the Give up trades and act on the same. EnSettle® also supports real-time Risk Management.
The three tier architecture of EnSettle® is based on highly user friendly and robust Microsoft technologies. This helps EnSettle® provide excellent user interface as well as significant performance benefits.
A powerful configuration management features provide the flexibility needed to adapt to the practices and change in the regulations from SEBI or other regulatory bodies. Compliant with SEBI Guidelines for Risk Computations and archive of client related transactions and maintaining audit logs.
EnSettle® solution is an integration of two core applications
| PCM Back-Office Application | |
| NEAT-PCM Interface Application |
PCM Back-Office Application :
| Creation of Masters | |
| Uploading of Transactions done at exchange | |
| Matching of Trades data received from Participants and Exchange | |
| Risk Management | |
| Export of margin reporting files to exchange | |
| MIS |
NEAT-PCM Interface Application :
| Interaction of PCM application with NEAT System, provided by NSE, to view the Give Up Trades | |
| Automatically download the Give Up Trade to a file | |
| Response back to exchange front end (Confirmation/Rejection) after carrying out of necessary Risk management | |
| Automatic upload of Give Up trade onto NEAT system |