This Enterprise Application Integration (EAI) tool facilitates Middle and Back Office operations and supports multi-asset, multi-exchange, multi-branch operations and accounting.

It is a Back Office Solution that provides exhaustive functionality to handle all post-trade related activities including Allocations, Confirmation/ Affirmation, Financial Accounting, Stock Inventory, Positions & Balances as well as Risk Management.

Match has a domestic as well as International client base. The existing Exchanges supported are:

  • Dubai Financial Market (DFM)
  • Abu Dhabi Exchange (ADX)
  • Dubai Gold & Commodities Exchange (DGCX)
  • Saudi Stock Exchange (Tadawul)
  • Singapore Mercantile Exchange (SMX)
  • Bourse Africa (Earlier known as Global Board of Trade)
  • Bahrain Financial Exchange (BFX)

Features

Commission Definition


  • Flexible brokerage rates and multiple brokerage Schemes
  • The tariffs can be levied as a Flat Charge or Percentage of trade value
  • Facility of creating various tariffs (for regulatory levies) i.e. Service Tax, CESS, STT, Turnover Charges, Transaction Charges, etc.

Client Information and Preferences


  • Multi-level grouping
  • Client’s Trade & Settlement related preferences captured at Exchange Level
  • Maintenance of STP service provider and OMGEO details
  • Links to multiple banks
  • Multiple DP - Client ID
  • Maintenance of KYC related info
  • Multiple client addresses
  • Links to multiple custodians

Post-Trade Efficiency across Asset Class and Exchanges


  • Cash
    • Equity
  • Derivatives
    • Equity
    • Commodity
    • Currency

Trade Processing


  • Straight Through Processing (STP) of trades
  • Smooth Integration with NeT.net, ODIN, etc.
  • Handling share transfer & custodial handling
  • Integration with OMGEO
  • Interface with Bank and DP

Accounting


  • Event-based financial accounting & configurable chart of accounts
  • Various statements such as Balance Sheet, Profit-Loss Account, Trial-Balance, etc.
  • Reports such as Day Books, General Ledger, Sub-Ledger available on-line

Extensive Collateral Management


  • Collateral Module is available for maintaining details of collaterals submitted by the client and given to the exchange
  • Provision for daily collateral revaluation
  • Provision for Haircuts at various levels

Comprehensive Reports


  • Mailing Module facilitates automatic dispatch of selected reports such as Contracts, Bills, Ledger etc. to subscribing clients through Email or FAX.
  • Multiple reports compressed into a single zip file optimises outgoing mail sizes
  • Compliant with all exchange regulations
  • Custom report builder tool facilitating ad-hoc reporting requirements
  • Comprehensive log of mailing activities

User/ User Group Management


  • Maintains Confidentiality, ensures Authentication through Authenticity verification receipt
  • Multi-User, Multi-session, capability ensures non-repudiation
  • Ability to define access control at a Group or User level

Value Proposition

Capable of managing huge/multiple databases leading to flexibility

Exhaustive client information & preferences along with KYC document details

Client Login ensures operational efficiency and cost advantage while relieving the load on already over-burdened back-office personnel

 Supports multi-entity login and exclusive user management to assign entity user rights to transact or view data

Provides efficient infrastructure to the market participants to enable seamless dissemination of data across intermediaries

Caters to needs of retail as well as institutional businesses

Integrates with local and global systems

Mailing Module eliminates the need for manual intervention and enhances client servicing