Welcome to NSE.IT

Brokerage Solutions
- Front Office
- Back Office
  - ProBos
  - XSstp
  - Ensettle
  - Endorsor
Exchange Solutions
- Xs Trade
Wealth Management
- Wealth Kraft
- DFP
Exchange Simulator

To know more details and Schedule a demo Contact

marketing@nseit.co.in

EnSettle

EnSettle is middle-cum-back-office product catering to the requirements of Trading members, trading cum clearing members and professional clearing members in Equity derivatives and Currency derivatives segment on multiple exchanges.

Based on client server architecture on Windows platform, EnSettle is a multiple user system with Oracle as backend. Build upon Microsoft .Net platform 2.0 EnSettle provides near real time risk management engine in addition to the standard back office features.

Thus EnSettle works as a Decision Support System by providing a sound Risk Management solution to pre-empt market failures during the process of Clearing (Decision support for trades approval and rejection) and thus facilitating Settlement.

Modules

Administrator

Administrator module allows the application administrator to

Define roles and users
Set the access permissions for roles and users.

The module provide for reports related to failed logon, access permissions.

This has been designed taking into consideration the most common requirements related to IT Security Policies of various organizations using this product.

Master

Allows for the maintenance of the master (static) data like participant details, collateral, position limits, billing parameters etc.

This static data is used for the various purposes within the system.

Access can be controlled at user level.
Supports Maker – Checker.
Provides audit trail for all the changes.

Reports

EnSettle provides extensive reports on client positions, collateral and trade details.

Provides more than 40 reports.
The report support data fetch for date range and various other report specific parameters.
The system has a provision to map the reports with the participant and then export the reports in bulk for participants.
The reports can be exported in .doc / .pdf / .rtf / .xls format

Risk Management

Risk management module in EnSettle is a separate Windows Service executable – which is essentially a server side component.
The risk management engine performs position limit check, margin calculation and validations against the available collateral for any given portfolio. Based on the status of the above validations it marks the trades as either rejected or approved. The system provides number of different status, which indicates the reason for rejection of the trade.

Service also throws Risk errors / Risk alerts to the end user after each run.

Collateral

Collateral Module supports the maintenance of the collateral namely in form of Cash / BG / FD / Approved securities.

The module supports the detailed maintenance of the FD along with the facility to generate various letters for creation of FD / Placing FD with exchange / withdrawal of FD placed with exchange. Etc.

The valuation of approved securities is done using the latest prices and applying the haircut percentages as given by exchange.

The values from the collateral module are used by Risk Management engine for validations of margin.

Other

Uploads & Processing
1. Trades Upload
2. Aggregation / contracting etc…
3. Trade modification
4. Corporate action processing
Trade matching
Brokerage and commission

Features

Supports Currency Futures and Equity derivatives for leading exchanges of India
The single setup can be used to logon to Equity Derivatives OR Currency Futures segment. The Single database supports both the segments.
Consistent UI - This enables the user to learn the application quickly.
Extensive audit trails are available in the system.
Maker Checker is available in all the masters.
Reporting related to IT security is available.
Provide more that 40 MIS reports as well as client specific reports.
The system is capable of interfacing with other systems.
Has Inbuilt accounting system.