PRODUCT
Back Office Automation
NetCIS also includes modules in the back and middle office space to automate business processes which, when applied to high impact processes, results in boosted productivity and reduced costs.
These modules include:
- A Cash Management Modulewhich provides a seamless, auditable and automated environment from which to manage Cash Transactions and Intra-Day Position keeping. The module includes Cash Receipts, Cash Payments and Journals Processing into BDA (or third-party accounting solutions) and Intra-Day Management of the Cash Effects.
- A Corporate Actions Management Module, which streamlines and automates the Corporate Actionpractice including Elective Event processing for JSE™ Equities. This process is generally fraught with various manual procedures, multiple client engagements, chasing clients and Portfolio Managers for elections; and managing spreadsheets to record and report same.
