IDBI Intech - Cash flow management solution


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A vitial solution to improve the operational efficiency of Asset Management Companies (Mutual Fund).

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IDBI Intech - Cash flow management solution

  1. 1. Mutual Fund/AMCCash Flow Management Solution (CFMS) For more information, please send your queries to Please call (+91) 022 - 6198 6913
  2. 2. CASH FLOW MANAGEMENT SOLUTIONCash Flow Management Solution (CFMS) is a workflow based web solution to help Asset Management Companies(AMC) serve their customers’ investment requirements instantly (reduced TAT).The solution connects the branchesthat are spread across the geography to the Head Office (HO) or the Central Processing Unit. Investors submit theirrequests over phone or in person to the branch relationship associates or managers, who in turn could use CFMSto route the requests to HO or to external agencies for immediate attention and processing.FUNCTIONAL FEATURES  CFMS supports following types of user requests (or transactions)  New fund offer (NFO)  New purchases  Additional purchases  Systematic Investment Plan (SIP)  Redemption  Switch from one scheme to another scheme  Branch users and head office users are allowed to create, retrieve, update, and delete transactions. Adequate access controls govern all user actions.  Branch users can post the transactions to the head office or they can forward the transactions to external agencies.  Supports head office users to un-post a posted transaction.  Offers comprehensive MIS reports. These reports are helpful to concerned users to understand the detailed and aggregate level view of various transactions, appropriately organized under different dimensions. The solution can be customized to accommodate additional MIS reporting requirements. 1|Page
  3. 3.  Supports a comprehensive administrator interface to manage a wide range of solution customization requirements.TECHNICAL FEATURES  Developed as a web based solution.  Uses modular and scalable architecture.  Developed on .Net/Microsoft platform with Web 2.0 capabilities.SAMPLE WORKFLOW 2|Page
  4. 4. KEY BENEFITS OF CFMS  Near zero latency in attending to customers’ investment requests. The fund manager is made aware of the requests posted by branches immediately, with no time delay. Agility and improved Turn Around Time (TAT) guaranteed.  High operational quality and eliminates operational risk. Risk of incorrect communication and acting on invalid requirements areavoided. Sidestep the archaic way of using spreadsheet, notepad, note book, post- it notes, emails, and phones to capture and transfer user requests. Highly transparent process with extremely high accuracy guaranteed with respect to data capture and communication.  Out of the box with the ability to support from “day one” almost all the value chain requirements to support the operation connecting branches and fund manager in managing the deployment of funds.  Reduced Total Cost of Ownership (TCO). Eliminates the uncertainty and unpredictability in IT delivery with a ready to launch solution.  Supports comprehensive business process map applicable in handling funds. Solution offers adequate headroom to accommodate any unique requirements that help differentiate your service offering from your competitors. The modular and scalable architecture model adopted in the solution permits high degree of solution customization.  The solution enables total transparency with respect to the management of funds and customers’ investment requests. Timely intervention can be made certain with the web-based, anywhere available solution.  The web-based solution model calls for one installation or deployment. Irrespective of the number of users or branches that exist today or that will come to existence tomorrow, the solution need not be installed anywhere except at the central processing unit. This means reduced overhead, faster time to market, and high degree of scalability. 3|Page
  5. 5. FEATURES SUPPORTTRANSACTION CAPABILITIES Feature Branch1 Head Office New fund offer (NFO) New purchase Additional purchase Systematic Investment Plan (SIP) Redemption Switch from one scheme to another scheme Edit an existing transaction Delete an existing transaction Post a transaction Forward a transaction Search for transactions Un-post transaction Deploy fund1 Adequate access controls govern the level of access permitted for different user types and users 4|Page
  6. 6. REPORTING AND ADDITIONAL CAPABILITIES Feature Branch Head Office Reporting Transaction list register Reporting Capabilities TSM register Pay-in slip register Cash flow register Enter opening balance Opening Balance Authorize opening balanceFEATURES AVAILABLE TO CFMS ADMINISTRATORCFMS offers a wide range of administrative controls to accommodate diverse set of dynamic changes withoutnecessarily bringing the solution vendor into the picture. Changes can be made with little or no downtime and thatgoes to the consistent vision of improving the “Turn Around Time (TAT)”.Manage branch master Manage investor category Manage asset class masterManage user master Manage instrument type Manage scheme masterManage TSM master Manage document master Manage AMC bank masterManage SIP parameter Manage password Manage investor bank master 5|Page
  7. 7. IDBI INTECH LIMITEDIDBI Intech Limited is a professionally managed IDBI Group Company providing IT related services to Banking,Financial Services, and Insurance Clients. Our mission is to deliver optimal IT services and innovative solutions byleveraging technology with intellectual capital, to accomplish customer delight.Our operating philosophies are as below -  We strive harder to create an environment of value and trust for our prospective and existing clients.  Our clients’ success is our success. We do our best to ensure our clients triumph in all their endeavors. Our service should and will have a direct, positive impact to our clients’ top line and bottom line.  We see our future in servicing our clients over a long term. 6|Page
  8. 8. IDBI Group of Companies is a resourceful business unit in India. IDBI Intech Limited is backed by the IDBI Group.Our foundation of stability comes from the strategic support offered by the IDBI Group of companies. This kind ofsupport allows us to concentrate on new investments to scale up our capabilities, and to remain focused on the longterm relationship management and support for our clients.OUR CLIENTS 7|Page
  9. 9. CERT-IN EMPANELMENTIDBI Intech has successfully been empanelled as a Certified IT Security Auditing Organisation with the IndianComputer Emergency Response Team (CERT-In), after passing through a rigorous selection process. We are nowamong the handful of organisations currently empanelled with CERT-In.The CERT-In operates under the auspices of, and with authority delegated by, the Department of InformationTechnology, Ministry of Communications & Information Technology, and Government of India. The complete list ofEmpanelled IT Security Auditing Organisations is available on CERT-In website at: QUALITY FOCUSStringent quality assurance and quality control processes are followed through a comprehensive system of internalaudits. Our participatory approach for process improvements requires cross-functional teams to work on specificprocesses to enhance effectiveness. Intech is an ISO 9001:2008 Certified organisation .SOLUTIONS Solution Description Cash Flow Management Solution CFMS helps integrate AMC branches and fund manage (head office) to manage fund deployment process efficiently. Lead Management Solution LMS helps institutions acquire new customers by integrating with more than one customer acquisition channels. iConnect A light weight payment middleware that could help enterprise payment initiating systems (CBS or 8|Page
  10. 10. otherwise) to integrate with NEFT, RTGS, SWIFT, and other wide SFMS based financial networks. Helps achieve STP with no or less manual intervention.Audit Management Solution A vital component in managing internal audit process. Helps plan, execute, and control the overall audit management process.Loan Origination Solution LOS is the vital automated solution to enable efficient processing of loan origination and servicing process.Mobile Banking Solution A comprehensive mobile banking solution that helps customers to access their bank account from anywhere, anytime. NEFT and IMPS way of fund transfer is supported by the solution.Income Recognition and Asset Helps banks to manage their NPAs under constantClassification check.Hindi Quarterly Progress Report Helps PSUs to submit the required Hindi quarterly progress report as mandated by Government of India. 9|Page
  11. 11. SERVICESWe offer a spectrum of Solutions and Services to BFSI Sector. Our software solutions and IT services deliveryprocesses are designed and fine-tuned to meet the clients diverse requirements. Knowledge management toolssupport our quality processes.Our service offerings are: COMPREHENSIVE IT CONSULTINGEnterprise Application Development Enterprise Application Management Independent testing servicesSystems Integration Enterprise Application Integration Legacy ModernizationCore Banking Customization, Business Process Management Migration and ReengineeringImplementation, and SupportWeb site development and Data Centre establishment on the Document Management, Informationmaintenance Build Operate & Transfer Model Management INFORMATION SECURITY CONSULTINGManaged Security Services (MSS) IS & IT Governance, Policy Application Security TestingIS and Data Migration Audit Network Architecture and Firewall Information Security Awareness ReviewVulnerability Assessment and ISO 27001, BS 25999, PCI-DSS Business ContinuityPenetration Testing Standard Consultancy Planning/Disaster Recovery 10 | P a g e
  12. 12. CORPORATE LEARNING & DEVELOPMENTFinacle, Flexcube, and many other Banking domain centric training Training on Mutual Funds,Core Banking Solution trainings Insurance, Wealth Management BUSINESS PROCESS OUTSOURCINGCall center Image based workflow solution Email management, process management standardizationNEXT STEPTechnology alone is never an answer for creating sustainable competitive advantage (SCA). Innovative deploymentof technology that is connected thoughtfully with your overall value chain could be the only way to meet and beatyour competition, and to retain and acquire customers. CFMS solution offers you an edge in improving youroperational efficiency and effectiveness, when compared to your competition. It not only saves you time and money,but also offers you a new path to creatively manage your customers’ expectations. Improved customer servicequality would only go a long way to improve your top and bottom line.Contact IDBI Intech Limited to know more about CFMS, and to know how it can help improve your overallOperational Excellence 11 | P a g e