Solveda has built systems for financial trading, stock
and bond investment, exotic options, loan servicing,
accounting and general ledger.
The Trading Debt application enables authorized participants
to place Debt related financial instruments within a secure
auction environment. Features include secureID authentication;
buy / sell auction capabilities; firm offer and a comprehensive
alerting mechanism to enable sellers and buyers to complete
the deal. In addition, all registered users are able to
maintain their own 'counter-party' relationships to Combined
with the 'firm offer' functionality the site acts as a fully
functional marketplace for Debt paper.
[Details]
Solveda were retained by AFG to analyze and document their
requirements for a replacement Investment Management System (NIS).
The implementation for this large, complex, challenging application
included modules for all business processes to support all the major
stakeholders (Trading, Financing, Accounting and TAX). The rules
based Security Profiling and Event Engine allows for flexibility and
future growth. NIS accept trades and other transactions (Capital Changes,
Pay-Downs etc), processes according to Accounting Method rules (GAAP,
SAP and TAX); manage a sub-ledger for each Accounting Method and feed
data into various packages to produce Financial Statements and TAX
Returns for a holding corporation with more than 150 subsidiary
companies.
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Solveda provided the analysis, design and deployment for the
OptionBazaar website. The site provides complex analytics for
the computation of price, volatility etc. for Exotic Options.
In addition, authorized users may manage their portfolio and
compute profit/loss projections based on changing underlying
interest rates and spot prices. The 'counterparty' feature
allows each user to participate in an open marketplace - this
will allow Institutional investors to place orders within a
selected broker community.
[Details]
Check out the site at http://www.optionbazaar.com
The Salesman Compensation Application, SCOMP, allows Fuji Salesman,
Regional and National Account Managers to be "scored" based on a
number of factors. SCOMP considers initial target quota information
and compares with actual sales. In addition, SCOMP will evaluate
all promotional dollars spent against a specific account in order
to derive profitability and ROI. A third factor considers market
share targets and results for the current fiscal year. The system
will perform weighted average computations in order to more
significantly consider larger accounts. The final "scoring" system
is used to compute the percentage of the bonus opportunity.
[Details]