D-3 Back Office
Back Office processing tends to be more STP-like through higher volumes and e-trading requirements. At the same time flexibility is required to allow new financial products to be settled and to enhance customer friendliness. D-3 Back Office meets these requirements:All FX and MM trading events can be monitored immediately, and can be completed and changed as needed. Automatic pre-checking allows auto-release of the vast majority of transactions and full STP-post-processing includes in-time generation of confirmations, payment orders and other reasonable messages together with any necessary booking. Transfer-queues are used to control all messages generated and synchronize with the further routing, e.g. for SWIFT messages.
Other important features:
Forwarding to host systems with various transfer protocols, e.g. IBM's
MQSeries™.
Cash-Flow based structures facilitate the integration of new instruments.
The role concept for business partners brings flexibility to the usage of
static data for counterparties, nostros, intermediaries, emitters/issuers,
limit holders,etc.
Standard Settlement Instructions (Standings) are assigned for all or for specific business areas. The
built-in version management ensures that you keep full control over the effects
of changes.
D-3 Back Office provides a feasible set of pre-defined reports - anything else can be
derived from the optional report database using standard tools (query/report
generator) to provide for full flexibility.