Financial
markets are constantly evolving with new products and markets maturing at a rapid
rate, resulting in the need for progressive, innovative technology solutions.
A market leading middle and back office solution for both retail and institutional
investment banks and stockbrokers, NOVA provides a modular and highly configurable
multi-market, multi-currency, multi-company and multi-asset class platform.
The NOVA ‘Package’ contains standard modules required to process a trade, such as
static data, trade capture, allocation and confirmation, settlement processing and
accounting, supplemented by local modules that interface into a local Clearing House
system providing Regulatory Reports and much more.
As a modular solution, certain modules can be independently implemented to satisfy
specific business processing requirements, such as electronic trade confirmation,
margin trading and custody.
Built with industry standard technology and flexible deployment options, NOVA components
have been designed to be easily integrated with any existing system, enabling a
mix-and-match capability of legacy and 'best of breed' systems.
Sub Products
- NOVA Package: The NOVA Package includes a suite of modules designed
for processing local and international business in a specific market including interfaces
into local CSDs and Regulatory Reports. Markets covered include: Hong Kong, Singapore,
Malaysia, Indonesia, Vietnam, New Zealand and the UK.
-
NOVA Margin: NOVA Margin is a multi-market, multi-currency, multi-collateral
share margin financing and risk management solution designed and developed to provide
brokers with cross border and multi-product financing and margining capabilities.
- NOVA Custody:NOVA Custody provides the ability to consolidate and manage
client custody positions regardless of borders or asset class, generate a flexible
range of service fees, manage corporate actions and wrap your service in a professional
client statement.
- NOVA Confirm:NOVA Confirm enables a financial institution to automate
trade allocation processing and the generation and distribution of trade confirmations
via a range of different methods and mediums including email, fax and OMGEO.
- NOVA Corporate Actions:NOVA Corporate Action is a multi-market, multi-currency
Corporate Action engine that provides processing continuity for corporate events
occurring in both domestic and international markets.