Financial Solutions

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. [Details]


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]