OpenLink

Solutions

• STP Capital Markets
  • Front-Office
  • Middle-Office
  • Back-Office
• Global Front-Office
  • Front-Office
• Global Market & Credit Risk Management
  • Middle-Office
• Global Back-Office
  • Back-Office
  • Accounting
• Global Operational Risk Management
  • Back-Office
• Central Banking
  • Front-Office
  • Middle-Office
  • Back-Office
• Custom Solutions
  • Interest Rate Derivatives
  • Credit Derivatives
  • FX & MM
  • Fixed Income
  • Structured Products (MBS/CMO)
  • Equity Derivatives
  • Precious & Base Metals
  • Soft Commodities
  • Corporate Treasury
  • Operational Risk
  • FAS133/IAS39/IFRS
• ASP Services
  • Key Features
  • Awards

Market Focus

• Commercial/Investment Banks
• Central Banks
• Corporate Treasuries
• Asset Management Solution
• Other Entities

Global Back-Office

Operations Re-defined

The Back-Office solutions focus on productivity improvement and cost reduction by streamlining back-office processes and workflows and eliminating manual workarounds throughout the entire life-cycle of transaction management, from start to finish.

We automate and optimize an extensive range of traditional back-office tasks - from confirmation, settlements, reconciliations, end-of-day processing and sub-ledger posting, to standard system reports and integrated third-party reporting tools. Our solutions also help manage cash forecasting, profit and loss attribution, reserve calculation and/or distribution, regulatory reporting, tax calculations, balance generation and financial settlement details.

In addition, the Accounting Manager uses a "rules-based" approach that allows you to model your chart of accounts, auto-correct ledger entries, automate FX translation, generate multi-currency and multi-year P&L's, and address full FAS 133 and IAS 39 compliance requirements.

OpenLink opens and flexible back-office configuration facilities allow for a high degree of system customization so you can tailor our solution according to your existing environment and leverage its STP and automation facilities to eliminate any bottlenecking tasks. In addition, the robust integration tools play a key role in addressing all connectivity requirements you may have, leveraging each of your existing investments - such as trade capture, risk or payment systems - in a seamless, tightly integrated environment.

To protect the integrity of your production data, we embeded the most vigorous security and auditing facilities. For any given transaction processed, the system maintains a full audit trail, showing details on who, when, and what changed. This is an important component of the larger OpenLink financial family, which provides complimentary front, middle, and accounting components. In other words, if a future need arises in any one of the key functional areas, our platform can readily extend to "seamlessly" cover other functional needs.

We offer suites of back-office business modules with these key applications:

• Settlements Desktop: a centralized hub to manage all external and internal messages and documentation including confirmations, payments, invoices, delivery payments, and reset notifications.
• Accounting Manager: generates sub ledger entries and supports all accounting methodologies, including MTM, accrual, cash, and hedge accounting.
• Operations Manager: performs multiple trade administration and back office tasks such as Trade Validation, STP Exception Processing, Nostro Transfers, Custodial Transfers, Collateral Management, Deal Fixing, Options Exercise, Corporate Action Maintenance, Cash and Inventory Management and Report Generation.
• Client Relationship Manager (CRM): a quick and easily accessible dashboard providing traders and sales staff vital client and counterparty information, including client trade activity, contacts, notes, credit attributes, contract information, and settlement instructions
• Tax Module: provides a standard framework to capture all tax jurisdictions, rates, exemptions, taxes and adjustments for all of the physically settled transactions in Findur.
• Broker Fee Module: used to manage brokerage payments, including facilities to reconcile to brokerage statements and the actual generation of cash payments.
• Reconciliation Module: used to automatically reconcile external source data to internal system data, including nostro statements, MT950s, and trade confirmations. Features include exception management, definable matching rules and tolerances, and reconciliation of actual versus expected amounts.
• Reference Manager: maintains all static data including internal and external parties, business units, legal entities, portfolio hierarchies, contracts and agreements, settlement instructions, accounts, and personnel.

For global financial institutions, having an efficient, well-run, and secure back-office will become more critical as the volume of financial transactions continues to grow and as the ever changing reporting requirements tack on additional demands. OpenLink's GBO Solutions - with open and flexible back-office facilities - will get you there sooner and easier.

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