White Paper on Benefits of Integrated Front and Back Office

1. White Paper
Benefits of Integrated Front
to Backoffice Centralized
Solution for Brokerage House
Apex Infovision Pvt Ltd © Copyrights 2014

2. Newsletter Date | Volume 1, Issue 1
IN TODAY’S
COMPETITIVE WORLD
WHERE THERE ARE
MILLIONS OF
TRANSACTIONS CARRIED
OUT WITHIN
MILLISECONDS WHAT
HAPPENS IF THERE ARE
DISPARATE SYSTEMS FOR
A PORTFOLIO MANAGER,
A TRADER , BROKER A
FINANCIAL ANALYST
Imagine a situation where there are three different systems
1. Portfolio Manager – Front End Application –Portfolio Manager Window
2. Brokers – Middle Office Application – Application for Equity and Bonds
3. Analyst-Back Office Application – Risk Management and Performance
Applications to analyze the performance of different instruments.
All of the above three instruments will have different
API’s; different databases and data will be in
different formats.
INTRODUCTION
The portfolio manager has different system and
stores data in different format. The trader than has
to depend on the portfolio manager for the data
and the analyst on both the portfolio manager and
the trader to get the results which is time
consuming.
With such disparate systems, getting the right
information at the right time can be difficult. In
many cases the end user will end up with
irrelevant information. The complexity in
searching the information is too high which will
eventually result into delay in terms of
information and productivity of business users.

3. BUSINESS CHALLENGE
OUR CLIENT NIRMAL BANG WAS FACING A CHALLENGE TO
UPDATE THE BACK OFFICE SOFTWARE WITH BATCH FILES
GENERATED FROM TRADING SOFTWARE. THE BROKERS HAD
TO SPEND SEVERAL HOURS INTEGRATING THE FILE
FORMATS WITH THE BACK OFFICE SOFTWARE SUCH AS RISK
SOFTWARE WHICH WAS TIME CONSUMING AND RESULTING
IN ERRORS IN TURN RESULTED IN LOSS OF BUSINESS.
NEED FOR AN ENTERPRISE
SOLUTION
THERE IS A NEED TO MAKE A
TRANSITION FROM
DISPARATE SYSTEM TO A
CENTRALIZED INTEGRATED
SOLUTION WHERE THE
INFORMATION IS AVAILABLE
ON THE FINGER TIPS THUS
REDUCING THE
DEPENDENCY AND TIME
RESULTING IN NEGLIGIBLE
HUMAN INTERVENTION AND
ERRORS.
NEED OF THE HOUR FOR
CAPITAL MARKET INDUSTRY
IS ENTERPRISE SOLUTION
WHERE THE INFORMATION IS
AVAILABLE ON REAL TIME
BASIS WHICH IS CORRECT,
RELEVANT AND
SIMULTANEOUSLY MILLIONS
OF TRADES PROCESSING
EVERYDAY
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Apex Softcell LD Keystone enterprise solution was able to solve the Nirmal Bang’s concern with the help of its
enterprise application.
Brokers were able to run the batch files with no hassles.
There was no loss of integrity of data as the files were maintained in the same formats.
Brokers were able to access real time data.
The Application also generated real time reports.
Lidha Didha Enterprise Edition Suite will now enable Nirmal Bang to open unlimited branches without
incurring any additional cost.
This will ensure that funds are utilized on growing the business rather than being spent on procuring
back-office software.
The advantage of the Lidha Didha Enterprise Edition Suite would enable all Nirmal Bang branches
with broking, depository back-office, live risk management system & franchisee management software
in a single login in live environment.
End clients of Nirmal Bang would be benefited with client level software, Interactive Voice Response
(IVR), live risk reports & mobile back-office again on a live environment giving extra mileage in
competition with other brokerage houses.
Solution
Nirmal Bang approached Apex InfoVision. Apex Infovision already had the Enterprise solution available through its
LD Keystone software which tackled the problems faced by Nirmal Bang.
With the following features
Capable of maintaining huge volume of reliable data.
Real time connectivity with Branch and franchise
Interfaces with front and Middle office applications
Generating BI Reports
Quick Access to multiple Information from anywhere anytime
Ease of monitoring
Less Operational Cost
Easy to Monitor
RESULTS