Customer Accounts are created as a result of Customer Application processing and it is stored in the company's database. Account management system will automatically know how to process each account as per their status.
Our account management system will help you to receive a summary of the financial account position and the operating conditions. As soon as a transaction is accepted, all the actual sales are transferred in the sales history. These reports can be viewed per year or per month, with the detail of each transaction: date, detail of the order, status of the order, etc. It enables you to maintain an organized database of all your clients.
The account management system can be divided mainly into:
Fund transfer section- This section deals with transfer of funds from any bank account to the trading account of the broker. This section is protected with user id and password and on transferring the funds confirmation should be sent to the investor.
Securities Transfer section- This deals with the transferring of securities to the Depository Participant (DP) Account.
Commission- The commission for trade execution is calculated as per the percentage formulated by the company. This amount is deducted from the investors account.
Report section- The investors have the option for creating reports of net position, contracts entered into, demat transaction details, commissions, settlement bill and so on.
With our software you have the facility of going online with all your transactions and handle your finances with the click of a mouse.