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ProBos®

ProBos® is an enterprise class windows based back office solution for multi-segment, multi-exchange operations. ProBos® is designed to provide optimum advantage for broking houses of any size dealing with institutional or retail clients. It offers a unified interface to multi-exchange back office activities. The accounting interface allows integrated view of client activity across segments and exchanges.

The architecture of ProBos® is based on highly user friendly and robust Microsoft technologies. This helps ProBos® provide significant performance benefits and quicker response times.
ProBos® is ideal for large broking firms or stock exchange subsidiaries with multiple branch support and support for web based branch interface.

The web based branch interface enables ProBos® to smoothly manage a distributed network of branches, sub brokers and franchisees. The powerful configuration management features provide the flexibility needed to adapt to the practices of the broking house.

ProBos® also supports Securities Lending & Borrowing transactions processing The number of Securities Lending & Borrowing transactions have been growing steadily for years. They now represent a substantial part of the daily settlement value and play an important role in facilitating market liquidity.

Modules
Admin
  • User and User group creation
  • Permission settings
  • Various process configurations which compliance Security policies
Securities management
  • Tracking of shares across multiple demat accounts
  • Automated payin of securities
  • Auto marking of payout using the DPM/Speed file
  • Generation of payout instructions
  • Beneficiary transfers – Market/Off Market
  • Processing of client payout based on their risk assessment
  • Handling of early payin process
  • Inter-settlement processing
  • File transfers with NSDL & CDSL
  • Handling of DP charges as per definition
  • Shortage marking and ND processing
  • Stock Holding Reconciliation for various broker demat accounts
Risk management
  • Provision to view client’s fund obligations based on open positions across exchanges and across segments
  • VAR margin and charges computation
  • Calculation of Client exposure limits based on cash, stock & collateral positions
  • Facility to define multipliers for each of the above computations
  • Generation of Money Statement file to be uploaded in the front office system for Cash & Derivatives market
  • Money Statement – complete risk assessment of the clients
  • Handling of the client’s unclear funds/cheques and his short sales positions for risk assessment
  • Risk assessment facilities in the form of PDR (Pre Delivery Report) & PQV (Payable Quick View)
Accounting
  • Full fledged accounting system for clients across exchange & segments
  • Multiple Voucher entry into various accounts
  • Maker Checker concept
  • Cheque printing with various cheque formats
  • Payment Advice facility
  • General books like
     - Day book
     - Cash book
     - Bank book
     - General book
     - Petty Cash book
  • Ledger balances for client/general across exchange and segments
  • Trial balance & Exchange wise Trial Balance, Profit & Loss statement, Balance sheet
Margin & Collateral management
  • Marking of Cash equivalent and securities
  • Defining hair cuts and exposure multipliers
  • Marking various deposit to the exchange
  • Collateral valuation
  • Margin calculation and shortfall report
  • Securities holding statement
  • Facility to modify Expiry dates
  • Exchange reports for Collateral
  • Other reports like:
     - Valuation report
     - Shortfall report
     - Collateral Traceability
Branch
  • Web based access to Client data & reports
  • Interface with various other systems
  • User friendly for large broking houses & Exchange subsidiaries
  • Reporting at Branch and RO levels
Report module specially designed for Institutional Brokers
  • Generation of export file for Straight Through Processing (STP)
  • All regulatory and compliance reports for various exchanges
  • Other reports required by broker
  • More than 150 reports to enable users to extract or view various data in different ways
Features
  • Near Real time trade processing and position monitoring
  • Interface to STP, Omgeo, Endorsor (Digital contract note solution) smart
  • Compliant with exchange & statutory regulations
  • DP interface for auto delivery handling
  • Powerful collateral based risk management
  • Integrated accounting
  • Web based branch interface with centralized database
  • Powerful Risk Management report
  • Powerful reports for institutional Brokers
  • Complete audit trail with Maker and checker concept for the major master and process.